Europe
LPG exports from Russian ports to Turkey double in 2023
Supplies of LPG from Russian ports to Turkey doubled in 2023, according to traders and LSEG data, as trade between Moscow and Ankara grows at a brisk pace amid Russia's pivot away from Europe.
Unclear if Belgium can use EU option to block Russian LNG
It is unclear if Belgium will be able to use the option in an upcoming European Union law to block imports of Russian LNG.
Norway's December gas output hits record, oil beats forecast
Norway's natural gas output rose in December to an all-time high, beating an official forecast, while crude oil production was also above expectations.
The Gas Vitality LNG bunker vessel completes her 100th LNG bunker operation in Marseille, France
The Gas Vitality LNG bunker vessel celebrated the onset of the New Year by successfully conducting her 100th bunkering operation.
Gas exporting group sees tight global LNG markets until 2026
The Gas Exporting Countries Forum sees tight global LNG markets until 2026 as demand rises 1.5% this year and up to 22% through 2050.
Germany set for gas power plant expansion deal this week
German stakeholders are set to agree a deal on a much-anticipated roadmap for the construction of several new gas-fired power plants this week.
TotalEnergies says Danish Tyra gas field ready to start in March
TotalEnergies will restart production at Denmark's Tyra natural gas field in March this year.
Signing of a MoU for the participation of Slovakia, Moldova, and Ukraine in the Vertical Corridor initiative
An important step towards the security of supply for Central, Southeastern Europe, Moldova and Ukraine was taken by the natural gas infrastructure Operators participating in the Vertical Corridor initiative, with the signing of a MoU for the inclusion of Slovakia, Moldova and Ukraine in the initiative.
U.S. Secretary of State Blinken urges Bosnia MPs to push through law to build gas pipeline with Croatia
U.S. Secretary of State Antony Blinken has urged Bosnian Croat lawmakers to stop holding up legislation to build a natural gas pipeline with Croatia, seen as an alternative to Russian gas.
Ukraine's Naftogaz to pitch gas storage deals for German traders in March
Ukraine's biggest oil and gas firm Naftogaz aims to strike new deals with foreign traders to boost the amount of natural gas stored in underground facilities in Ukraine.
INEOS polymer used to create world’s first sustainable gas pipeline
INEOS produced bio-based high-density polyethylene has been used to create the world’s first fully sustainable gas pipeline. Installed by French gas utility network operator, GRDF, the pipeline only uses the low carbon footprint polymer.
Gas, LNG prices to remain relatively weak in 2024 amid subdued demand
Global prices of gas and LNG are expected to remain relatively weak in 2024, with demand subdued due to high storage levels in Europe and Asia and a mild Northern Hemisphere winter.
Norway energy firms plan three-year push for Arctic gas
Norwegian oil companies will ramp up exploration for natural gas in the Barents Sea in the next three years, showing renewed interest in the remote Arctic region after a sharp fall in Russia's gas supplies to Europe.
Shell approves plan to develop North Sea gas field
Shell has given the financial go-ahead for the development of the Victory gas field in the British North Sea, the latest development aimed at boosting the energy giant's production in the ageing basin.
Glander International Bunkering and Rohe Solutions Oy complete Kokkola port’s first LNG supply
Global bunker trading firm, Glander International Bunkering collaborated with LNG supplier Rohe Solutions Oy to supply LNG by truck to oil/chemical tanker SAANA.
Norway boosts oil, gas drilling, including in Arctic
Norway awarded stakes in 62 offshore oil and gas exploration licenses to 24 energy companies, including state-controlled Equinor , boosting the amount of acreage offered as the country seeks to pump for decades to come.
Russia's Arctic LNG 2 to ship first tanker this month
Russia's Arctic LNG 2 project is set to load its first LNG tanker for Asia at the end of January despite disruptive U.S. sanctions.
Russia's pipeline gas exports to Europe down versus December
Russian gas supply to Europe this month has declined, with January 1-15 daily volumes down by 6.5% from December's average levels.
Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023
Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe.
TotalEnergies says it has no plans to sell shares in NextDecade
TotalEnergies has no plans to sell its shares in U.S. LNG company NextDecade, the French energy group said after market speculation over a potential sale.
Asia spot LNG prices fall to 7-mth low as stocks remain plentiful
Asian spot LNG prices slid for an eighth consecutive week to hit their lowest levels in seven months, as healthy storage levels in both Europe and northeast Asia continued to weigh on prices.
Russia's Sibur raised LPG exports via Baltic Sea ahead of sanctions
Russia's biggest petrochemicals producer Sibur increased exports of LPG by almost a quarter last year via the Baltic Sea port of Ust-Luga in expectation of Western sanctions.
Norway gas exports hit record in December but drop 6.7% in 2023 overall
Norway's export of natural gas via pipelines to Europe hit an all-time high in December but still declined by 6.7% overall in 2023 following lengthy maintenance outages.
Portugal's Galp seeks to join formal complaint against U.S. LNG exporter
Portugal oil and gas firm Galp has asked U.S. regulators to allow it to join bp and Shell's formal complaints against U.S. LNG exporter Venture Global LNG, a filing showed on Tuesday.
Dutch government to turn on 'pilot light' output at Groningen gas field
The Dutch government said it would turn on the "pilot light" - meaning minimal production - at two stations in the Groningen gas field due to impending cold temperatures in the Netherlands.
India's GAIL signs 10-yr LNG purchase deal with Vitol
State-run GAIL Ltd said it has signed a 10-year LNG import deal with trader Vitol to buy about 1 MMtpy of the super-chilled fuel from 2026.
Finland orders more gas amid cold spell, record power price
Finland's gas system operator said t had invoked its right to order a rapid extra delivery of LNG to ensure market balance amid a surge in demand driven by a prolonged cold spell that drove up electricity prices.
Capital Product Partners L.P. takes successful delivery of the LNG carrier ‘Axios II’
Capital Product Partners L.P. , an international owner of ocean-going vessels, announced that it successfully took delivery of the LNG Carrier ‘Axios II’.
Shell backs bp in fight over Venture Global LNG exports
Shell PLC has joined bp PLC in its battle against Venture Global LNG, accusing the LNG producer of denying it and other customers access to supplies while exporting more than $18 B worth of the superchilled gas.
Russian gas exports to Germany down by a third in 2023
Russian gas exports to Germany down by 32.6% in 2023, mainly as Germany saved on energy and imported less after Russia cut off westbound shipments the previous year.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
