Regions

Asian spot LNG edges up as hot weather spurs demand

Asian spot liquefied natural gas (LNG) prices rose this week to their highest levels since January, as hot weather across the region spurred more demand for the super-chilled fuel, and as it tracked gains in European gas prices on the back of maintenance outages and lower wind output.

Shell says fire near Nigeria's Gbaran gas facility has been extinguished

Shell has confirmed a fire that broke out near its Gbaran Ubie gas facility in Nigeria's coastal Bayelsa state on Tuesday has been put out.

UAE's ADNOC planning US trading expansion

Abu Dhabi National Oil Company (ADNOC) is planning to set up a trading desk in the U.S. as part of the United Arab Emirates-backed oil and gas producer's global expansion efforts.

Waste manager WM explores $3 billion sale of renewable natural gas unit

Waste management firm WM is exploring a sale of its renewable natural gas business that could be worth about $3 B.

How Europe reduced its greenhouse gas emissions in 2023

The European Union's greenhouse gas (GHG) emissions fell by 5% last year, continuing a trend of declining emissions in Europe.

Japan's JERA to invest $32 B in LNG, renewables, new fuels over next decade

Japan's top power utility JERA said on Thursday it plans to invest 5 T yen ($32.4 B) over the coming decade into renewable energy and new fuels such as hydrogen and ammonia, as well as liquefied natural gas (LNG).

Italy's Snam eyes green opportunities

Italian gas grid distributor Snam is looking at green fuel opportunities. The €15-B group—which has Europe's largest gas transmission network and manages both storage assets and liquefied natural gas (LNG) terminals in Italy—is leading a European project to build a pipeline for green hydrogen (H2).

China LNG import capacity to grow to 250 MMtpy by 2028

PetroChina expects China's LNG import capacity to grow to 250 MMtpy by 2027-28 from about 140 MMtpy now, an official said.

U.S. Republican lawmakers urge FERC to approve LNG applications

Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for LNG projects.

Freeport LNG says all three trains in Texas facility are operational

Freeport LNG said that all three liquefaction trains in its Texas facility are in service after ending planned maintenance for the year.

Qatar to sign more long-term LNG contracts this year

Qatar has not had difficulty securing long-term liquefied natural gas (LNG) contracts and will sign more this year, according to QatarEnergy CEO and State Minister for Energy Saad al-Kaabi.

Indonesia's state utility PLN sees gas demand doubling by 2040

Indonesia's state power utility expects its natural gas demand to nearly double by 2040 as it aims to build 20 gigawatt (GW) of gas-fired power plants in the quest to reach net-zero emissions by 2060.

Shell investigates smoke near Gbaran oil facility in Nigeria

Shell is investigating reports of smoke early Tuesday near its Gbaran Ubie oil and gas facility in Nigeria's coastal Bayelsa state after residents reported hearing explosions and seeing smoke near the area.

U.S. natgas prices climb 2% to 15-week high on output drop, demand rise

U.S. natural gas futures climbed about 2% to a 15-week high on Wednesday on a drop in output and forecasts for warmer weather over the next two weeks that should boost the amount of gas power generators burn to produce electricity to keep air conditioners humming.

Nextchem completes acquisition of GasConTec, adding new low-carbon hydrogen/methanol to portfolio

Nextchem completed the acquisition of GasConTec, which will add new low-carbon hydrogen/methanol technologies to the company's portfolio.

Turkey signs LNG supply deal with ExxonMobil

Turkey's state pipeline company, BOTAS, and ExxonMobil signed an LNG supply agreement, as Turkey aims to diversify its energy sources.

Bulgaria starts operations on country's first hydrogen charging station

Funded through the Operational Program "Science and Education for Smart Growth" and the European Fund for Regional Development, the station is a testament to Bulgaria's inception of hydrogen electric mobility in the country.

EUROPE GAS: Prices mixed as warm weather supports softer demand

Dutch and British wholesale gas prices were mixed on Tuesday morning as warm weather continued to stay above seasonal averages, supporting softer demand.

Asahi Kasei opens new hydrogen pilot plant in Japan

Asahi Kasei celebrated the official opening of a new hydrogen pilot plant in Kawasaki, Japan.

HyGen project launched with €7.5 MM to develop carbon-free mobility using liquid hydrogen

The HyGen project is led by three major experts: Fives, a global industrial engineering group, leader of the consortium, and two main research players, the CEA and the École des Mines de Saint-Etienne.

Oneok to acquire strategic U.S. Gulf Coast NGL pipelines for $280 MM

ONEOK will acquire a system of NGL pipelines from Easton Energy for approximately $280 MM.

Sempra revisits choice of Bechtel on Cameron LNG expansion to cut costs

Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs.

TechnipFMC awarded iEPCI contract by Woodside Energy for Xena Phase 3 development

TechnipFMC has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract by Woodside Energy in Australia.

Gazprom loss shows struggle to fill EU gas sales gap with China

Gazprom could face a long period of poor performance as it struggles to fill the gap of lost European gas sales with its domestic market and Chinese exports.

Fortescue’s dual-fueled ammonia-powered vessel, The Green Pioneer, named a winner at World Hydrogen 2024 Awards in Rotterdam

The Green Pioneer, Fortescue’s world-leading, dual-fueled ammonia-powered vessel has been awarded the Hydrogen Transport award at the World Hydrogen 2024 Awards.

Investments surge on strong demand outlook for LNG bunkering

Drewry projects more than 1,000 LNG-fueled vessels to be in service by 2027. However, development of the bunkering infrastructure appears to be lagging in comparison to the growth in fleet as well as the potential demand, which could take a leap of 30 MMtpy by 2028.

Slovakia lays plans to receive gas from Azerbaijan

Slovakia is laying the groundwork to receive gas from Azerbaijan through Ukraine, to further diversify its supplies away from Russia and revive earnings from transit to other countries.

Worley selected to support the Bayou Bend CCS project

Worley, a global professional services company of energy, chemicals and resources experts, has been selected to design and evaluate carbon dioxide (CO2) gathering, handling and sequestration facilities for the Bayou Bend CCS LLC (Bayou Bend) joint venture located along the Gulf Coast in Southeast Texas.

NextDecade plans to take FID on LNG train 4 in 2H of this year

In the company's Q1 business update, NextDecade's Chairman and Chief Executive Officer, Matt Schatzman, provided an update on the company's LNG terminal project in south Texas (U.S.).

Black & Veatch delivers feasibility study for Andes Energy LNG terminal

Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification terminal and power plant.