Regions
Russia expects to reach agreement on gas hub project with Turkey soon
Moscow and Ankara are set to reach agreement on the creation of a natural gas hub in Turkey in the nearest future.
Moody's lifts Czech Republic outlook on lower Russian gas reliance
Ratings agency Moody's upgraded its outlook on the Czech Republic to "stable" from "negative", citing significant reduction in risks related to the country's dependence on Russian gas supply.
DORIS, Axens, AWT International, SeaQuester and Surbana Jurong announce the CCS Hub Alliance decarbonization solution for hard-to-abate CO2 emitters
DORIS, Axens, AWT International, Sea-Quester Offshore and Surbana Jurong Infrastructure announce the formation of the CCS Hub Alliance, a partnership dedicated to delivering cost-effective and risk-reduced decarbonization solutions to hard-to-abate CO2 emitters.
Pakistan LNG gets bids from OQ Trading, others in Jan import tender
Pakistan LNG Ltd's import tender for a liquefied natural gas (LNG) cargo for delivery in January drew bids from OQ Trading, QatarEnergy Trading, Trafigura and Vitol, it said in a notice on Friday.
India announces phased introduction of biogas blending for domestic use
India will start blending compressed biogas with natural gas to boost domestic demand and cut reliance on natural gas imports, the government said in a statement on Saturday.
Brazil's Petrobras to invest $102 billion in next five years
Brazil's Petrobras will invest around $102 B within the 2024-2028 period, representing a major boost in expected investments by the state-run oil company.
Indian Oil to double Ennore LNG terminal's capacity to 10 MMtpy
Indian Oil Corp aims to double the capacity of its LNG import terminal at Ennore in southern India to 10 MMtpy.
Japan approves JERA plan to keep surplus LNG in winter
Japan's industry ministry has approved a plan by the country's top power generator JERA to hold a surplus of LNG in the winter as a strategic reserve in case of supply disruptions.
Asia spot LNG holds steady as demand weak, inventories high
Asian spot LNG prices slipped slightly this week, as demand was weak and inventories remained high in both Northeast Asia and Europe.
BASF shares rise on report ADNOC exploring Wintershall Dea deal
Shares in chemicals giant BASF rose on Friday after a report that Abu Dhabi National Oil Co is exploring an acquisition of the German group's energy business Wintershall Dea.
Federal regulator green-lights Freeport LNG's full operations
Freeport LNG received approval to return part of its export plant in Texas (U.S.) to full operation, the Federal Energy Regulatory Commission said.
Spain's Endesa cuts profit, dividend outlook after LNG ruling
Spanish power utility Endesa cut its profit and dividend outlook to take into account the impact of a court order to pay $570 MM following a dispute over a long-term LNG supply contract with Qatar.
Germany builds up LNG import terminals
Germany's quest to increase LNG import capacity has intensified as it seeks to end reliance on Russian pipeline gas, on which the European region relied heavily prior to Moscow's invasion of Ukraine last year.
Colombia's Ecopetrol analyzing possibility of importing natural gas from Venezuela
Colombia's state-owned oil company Ecopetrol is exploring an offer from Venezuela's PDVSA to supply the Andean country with gas from December 2024.
Full production returns to Chevron's LNG Gorgon facility in Western Australia
Full production has returned to a LNG train at Chevron's Gorgon facility in Western Australia.
Finland-Estonia gas pipeline system to get bigger capacity after repair
The Balticconnector gas pipeline between Finland and Estonia, which was damaged last month, will get a bigger northbound transmission capacity next year following repairs.
Nigeria and Germany sign $500 mln renewable energy and gas deal
Nigerian and German companies signed two accords in Berlin that include a $500-MM renewable energy pact and a gas export deal.
Russia's oil and gas budget revenues seen down 40% in Nov. m/m
Proceeds from oil and gas sales for Russia's federal budget are likely to be almost 40% lower this month than in October due to cyclical payments of profit-based tax and the restoration of subsidies for refineries.
Capital Power acquires two U.S. LNG-fired power plants for $1.1 B
Capital Power Corp. has entered into two separate definitive agreements with CSG Investments Inc., a subsidiary of Beal Financial Corp.
Oman, BP sign LNG deal
State-owned producer Oman LNG has signed a deal to supply LNG to energy giant BP.
U.S. natural gas prices hold near 7-wk low on record output, ample storage
U.S. natural gas futures held near a 7-wk low on Tuesday on record output that should enable utilities to keep injecting gas into storage for longer than usual through late November.
Altrad Sparrows ventures into Papua New Guinea with ExxonMobil LNG contract
Sparrows Group (Sparrows) has announced a contract win for the provision of comprehensive crane maintenance services to the ExxonMobil PNG LNG (Papa New Guinea liquefied natural gas) project.
EU poised to propose extending energy crisis measures - official
The European Commission wants to extend emergency energy measures passed last year to cope with Europe's gas crisis to guard against future price shocks and quickly build-out renewable energy.
Venezuelan natural gas cooperation could lead to increased LNG and petrochemical exports
Venezuela is working with Shell and the National Gas Co. of Trinidad and Tobago to develop an offshore natural gas field that could boost LNG and petrochemical exports.
GAIL India issues swap tender for 24 LNG cargoes in 2025
GAIL Ltd has issued a swap tender offering 24 LNG cargoes loading out of the United States next year in exchange for 24 other cargoes for delivery to India in 2025.
Cedar LNG finalizes Heads of Agreement with Samsung Heavy Industries and Black & Veatch
The Haisla Nation and Pembina Pipeline Corporation, partners in the development of the proposed Cedar LNG Project, announced the signing of a heads of agreement with Samsung Heavy Industries and Black & Veatch.
Ukraine's Naftogaz finds 'promising' gas deposit in Carpathians
Ukraine's state-owned Naftogaz said its gas subsidiary had discovered a 'promising' new natural gas deposit in the west of the country.
Environmental groups urge funding halt for TotalEnergies' Mozambique LNG project
Banks and other financiers should withdraw their support of TotalEnergies' $20 B LNG terminal in Mozambique, environmental lobby groups urged in a letter sent to more than two dozen project funders.
EU sues Poland over restrictions in cross-border trade of natural gas
The European Commission on Thursday said it is suing Poland over measures imposing additional costs in cross-border trade of natural gas.
Asia spot LNG prices steady amid high stocks, muted demand
Asian spot LNG prices were little changed this week, amid high inventory levels in east Asia which kept demand from the region muted.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- 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
