Regions
Insight: Gazprom's grandeur fades as Europe abandons Russian gas
The European Union aims to end its use of Russian fossil fuels by 2027 and its overall gas consumption has decreased in part due to a shift to renewable energy sources. Last year, Gazprom posted a net loss of $7 B for 2023, its first since 1999, the year Putin came to power. It posted another loss in the first 9 months of 2024, the latest period for which figures are available.
AI, LNG demand to keep U.S. natgas use at record highs but bottlenecks threaten
U.S. natural gas use is set to continue hitting record highs due to soaring liquefied natural gas (LNG) demand and power consumption from data centers, executives said at a conference this week, while also warning a lack of infrastructure could hurt the industry.
Kent secures integral role in engineering and execution of Wormington compressor station project
Kent announced its integral role in the delivery of a major infrastructure project at the Wormington Compressor Station in Gloucestershire, UK.
U.S. propane exports have increased every year since 2007
U.S. propane exports averaged a record 1.8 MMbpd in 2024, the most since the U.S. Energy Information Administration (EIA) began collecting this data in 1973. U.S. propane exports increased for each of the last 17 years, with growth driven by higher demand in East Asia, mainly China, and a widening propane price differential between U.S. and global benchmarks.
Greenlane Renewables continues to expand service business enhancing customer support and drive recurring revenue
Greenlane Renewables Inc. has secured three new service agreements for renewable natural gas (RNG) project sites under its 3-tiered service offering program.
ClearSign Technologies Corp. announces purchase order for ClearSign Core M Series Process Burner for a gas processing facility
ClearSign Technologies announced they have received a purchase order for one of their new "M" series process burners, the ClearSign Core M1, from heater manufacturer Devco Process Heaters of Tulsa, Oklahoma (Devco).
Siemens Energy secures $1.6-B gas-fired power plant projects in Saudi Arabia
Siemens Energy has been awarded a $1.6-B project to provide technology for two gas-fired power plants in Saudi Arabia, the German company said.
Egypt to lease German gas liquefaction unit to bolster production
Egypt, which has struggled with declining domestic gas production, plans to lease a German floating gas liquefaction unit, the Egyptian petroleum ministry said.
Cheniere to use electricity to cut emissions from LNG production
Top U.S. LNG producer Cheniere plans on using electricity from the Texas grid at some of its LNG facilities to reduce emissions.
ARC Resources to supply ExxonMobil with LNG
ARC Resources has entered into a long-term liquefied natural gas (LNG) supply agreement with a unit of ExxonMobil.
Archrock to acquire Natural Gas Compression Systems Inc.
Archrock Inc. and Natural Gas Compression Systems Inc. (NGCSI), a high-quality provider of contract gas compression services, have entered into definitive agreements under which Archrock will acquire NGCSI and NGCSE Inc. (collectively “NGCS”), in a cash and stock transaction valued at approximately $357 MM.
Chart Industries' technology to be used for Blue Spruce Operating's Dry Piney helium and carbon sequestration project (U.S.)
Chart Industries was selected by Blue Spruce Operating LLC to provide the Nitrogen Rejection Unit and helium process technology and associated equipment for their Dry Piney Helium and Carbon Sequestration Project to be located in Sublette County, Wyoming (U.S.).
Baker Hughes, NextDecade enter framework agreement for Rio Grande LNG expansion trains
Baker Hughes and NextDecade Corporation announced that they have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology
Woodside investment decision on Louisiana LNG may slip into Q2
Australia's Woodside LNG may push a final investment decision on its Louisiana LNG plant into the second quarter of 2025 as talks to sell half of the project drag on
First LNG cargo produced at Corpus Christi Stage 3 export facility
In February 2025, Corpus Christi Stage 3, an expansion of the existing Corpus Christi liquefied natural gas (LNG) export facility, produced its first LNG cargo, according to the developer Cheniere Energy.
Diversified Energy, FuelCell Energy and TESIAC to leverage coal mine methane, natgas for off-grid data center power projects
Diversified Energy Co. Plc. (Diversified Energy), FuelCell Energy Inc. (FuelCell Energy) and TESIAC have formed a strategic partnership intended to address the urgent energy needs of data centers by supplying as much as 360 megawatts (MW) of electricity to three distinct locations in Virginia, West Virginia and Kentucky (U.S.).
Europe gas prices rise on lower temperature forecast
Dutch and British wholesale gas prices rose on Monday morning, rebounding from lows late last week, on forecasts of lower temperatures and as Russian forces intensified attacks on Ukraine.
U.S. natural gas prices hit more than 2-yr high on record LNG exports, supply concerns
U.S. natural gas prices hit their highest level in more than two years on Monday, supported by record flows to liquefied natural gas (LNG) export facilities and supply concerns ahead of the summer season.
U.S. approves extension to Delfin LNG export permit
The U.S. has approved an extension to Delfin LNG's free trade permit, Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference in Houston, Texas (U.S.).
Vietnam to sign U.S. deals as trade, energy officials meet
Vietnam expects to sign pacts with the U.S. this week after its trade minister meets U.S. trade and energy officials.
North Ammonia, Höegh Evi to explore a clean ammonia supply chain from Norway to Europe
North Ammonia, a developer of renewable fuels of non-biological origin (RFNBO) ammonia facilities in Norway, and Höegh Evi, a global leader in marine energy infrastructure, have signed an agreement to explore a value chain for supplying hydrogen to European industrial users using green ammonia produced in Norway.
Update: Venture Global announces $18-B expansion of Plaquemines LNG plant
Venture Global said on Thursday it would expand the total production capacity of its Plaquemines LNG plant in Louisiana to 45 metric MMtpy, up from the current 27 metric MMtpy, with an additional investment of $18 B.
India's IOC seeks LNG cargoes for 2025-2029 delivery
State-run Indian Oil Corp (IOC) has issued a tender seeking liquefied natural gas (LNG) cargoes for delivery through to 2029, two industry sources said on Friday.
Ukraine's Naftogaz and Poland's Orlen to cooperate in LNG
Ukrainian oil and gas company Naftogaz and Polish energy group Orlen signed an agreement on Friday to cooperate in the liquefied natural gas (LNG) sector and help Kyiv to diversify its gas supplies.
Indonesia embarks on long-stalled LNG push to displace diesel in power plants
After a decade of false starts, Indonesia is rolling out a $1.5-B project to distribute LNG on a small scale to feed dozens of power plants now running on diesel via a unique hub-and-spoke model across its vast archipelago.
European leaders add pressure to solve Kyiv gas transit halt
European leaders are set to urge EU authorities and Kyiv to intensify talks over a halt to Russian gas transit through Ukraine, according to draft summit conclusions seen by Reuters that follow pressure from Slovakia.
LNG producer Venture Global raises Plaquemines project cost forecast by $2 B
Venture Global said it expects the project cost for its Plaquemines LNG plant in Louisiana to be around $2 B higher than its previous forecast due to inflation and other factors.
U.S. butane exports reached a new record in 2024
The U.S. is exporting record volumes of normal butane as global demand for LPG surges. U.S. normal butane exports averaged nearly 500,000 bpd in 2024, a 12% increase from the previous year
Vopak to build ethane tanks to support Thailand's petrochemical production
Vopak has reached a positive final investment decision it build 160,000-m3 tank infrastructure in Map Ta Phut, Rayong, to support the import of U.S. ethane into Thailand for petrochemical crackers
LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
A surprising development in 2024 was the resurgence of LNG retrofits as shipowners sought immediate carbon reductions to navigate regulatory requirements. More than 305 LNG-fueled ships were ordered last year, accounting for approximately 14% of newbuilding orders, significantly outpacing methanol and ammonia alternatives.
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- India's BPCL signs LPG supply deal with Norway's Equinor
