Asia-Pacific
Chevron, unions in final talks before planned Australia LNG strikes
Chevron and a union alliance are holding a final round of talks before planned strike actions at two major LNG facilities in Australia as ongoing disputes over pay and conditions remained unresolved.
India seeks more natural gas amid emergency measures to end blackouts
India is seeking additional volumes of natural gas and has asked utilities to expedite completion of power plant maintenance, as part of emergency steps to stop electricity outages.
Asian buyers to mop up LNG supply surge in next 5 years
Asian buyers will quickly absorb a surge in supplies of LNG coming to market over the next five years.
Exxon eyes China LNG downstream opportunities
Energy major ExxonMobil sees China as a strong long-term growth market for LNG despite a recent slowdown in demand there and is looking at potential downstream opportunities in the country.
Japan's Inpex interested in buying U.S. LNG linked to Henry Hub prices
Inpex, Japan's top oil and gas producer, is interested in buying LNG from the United States linked to the Henry Hub prices.
Venture Global and Baker Hughes announce expanded master equipment supply agreement
Venture Global LNG announced its long-term expansion plan to increase production from 70 mtpa to more than 100 mtpa of nameplate LNG export capacity.
Asian LNG buyers face volatile market until 2026
Asian LNG buyers are navigating a near-term market that is so finely balanced that any supply disruptions or demand upsides could cause significant price volatility.
Ministers, CEOs and global business leaders commit to unified industry action towards net zero on opening day of Gastech 2023
Gastech 2023, the world’s largest meeting place for natural gas, LNG, hydrogen, low-carbon solutions, and climate technologies, opened today welcoming record-breaking numbers to Singapore EXPO.
Thailand regasification capacity to nearly double by 2030
Thailand's annual gas regasification capacity will nearly double by the end of the decade as LNG imports are set to rise to replace declining domestic production.
Chevron Australia labor row escalates with two-week walkout plan
Workers at Chevron's Gorgon and Wheatstone LNG projects in Australia plan a total strike for two weeks from Sept. 14, a union alliance said on Tuesday, in a significant escalation on disputes over pay and conditions.
Technip Energies launches SnapLNG by T.EN, a solution for low-carbon and accelerated time to market LNG production
Technip Energies presents SnapLNG by T.EN, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production and accelerated time to market with unparalleled certainty and plant reliability.
Talks to avert strike called as Chevron Australia LNG workers reject deal
Planned work stoppages next week at two of Australia's largest LNG facilities are scheduled to go ahead unless mediation can produce a deal after workers at Chevron rejected the company's offer on pay and conditions.
LNG prices may spike in winter as risks remain, Tokyo Gas exec says
Prices of LNG could spike this winter even with high storage levels in Europe, a Tokyo Gas executive said, as many political and market uncertainties remain.
Asian spot LNG prices flat amid more certainty over Australia strike action
Asian spot LNG prices held steady this week as more certainty over potential strike action at LNG facilities in Australia kept buyers on the sidelines from seeking replacement cargoes.
Gazprom accounts for more than half of increase in China's gas imports
Alexei Miller, the chief executive of Russian gas giant Gazprom, said that the company accounts for more than half the increase in China's gas imports this year, without providing figures.
Three countries began importing LNG this year, and more will follow
Global LNG import capacity is set to expand by 16%, or 23 Bcf/d, by the end of 2024 compared with 2022.
Sempra Infrastructure to develop carbon-neutral gas production and LNG supply chain
Sempra Infrastructure, a subsidiary of Sempra, announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company., Ltd. and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.
Chevron's Australia LNG ops could face daily 10-hr stoppages as union fight escalates
Chevron's two major LNG production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labor action in a dispute over pay and conditions.
Japan's Eneos, Osaka Gas study building large e-methane facility in Osaka
Japan's top refiner Eneos and city gas supplier Osaka Gas said they have begun a joint study of construction of an e-methane facility with capacity to produce 60 million cubic meters of the fuel per year.
India cuts prices of cooking gas as inflation bites
India cut the price of cooking gas for households on Tuesday by about 18% to rein in inflation ahead of crucial state and general elections.
Chevron LNG workers in Australia allow union to call for strike
Supplies from Chevron's LNG facilities in major exporter Australia could be disrupted after the last batch of its workers voted to authorize their unions to take industrial action if necessary.
bp urges more gas and oil investment while speeding energy transition
Global oil major bp said the world must invest in the production of gas and oil to avoid sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.
Asia LNG loses some strike froth, but fundamentals are supportive
Spot prices of LNG retreated in Asia as the threat of imminent strike action at three Australian plants eased, but solid fundamentals are keeping prices elevated for future deliveries.
Asian spot LNG prices fall as Woodside averts strike
Asian spot LNG prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.
Woodside, unions reach deal at Australian LNG facility, workers meet to ratify
Woodside Energy reached an in-principle agreement with unions at Australia's LNG project, potentially averting a disruption to supplies from one of the world's biggest exporters of the super-chilled fuel.
Gazprom's first LNG cargo via Arctic destined for China's Jingtang
An LNG cargo from Russia's Gazprom being sent via the Northern Sea Route for the first time is destined for the Chinese port of Jingtang.
Japan utilities LNG stockpiles slump as hot summer lifts air-conditioner demand
LNG stockpiles held by Japanese electric utilities hit more than one-year lows, as the hot summer drives usage of air-conditioners and typhoons delay cargoes, data released by Japan's industry ministry showed.
Australia strikes may impact short-term LNG prices
Global gas prices could rise in the short term if strikes at Australia's LNG plants take place, but markets are well balanced now with inventory levels keeping high in North Asia and Europe.
China LNG buyers expand trading after adding more US, Qatari contracts
China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.
TotalEnergies and INPEX to buy 100% of Timor Sea gas field interest from PTTEP
TotalEnergies has teamed up with INPEX to acquire 100% of the interest in the AC-RL7 permit in the Timor Sea from PTTEP.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
