Regions

Malaysia sees lower natural gas, crude oil output in 2025

Malaysia expects lower natural gas and crude oil output in 2025 due to the planned shutdowns of some production facilities for maintenance and easing demand in some export markets.

Texas natural gas pipeline eases bottlenecks, paves way for higher shale output

A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production.

Analysts expect EU carbon prices to soar by 2027

Analysts expect EU carbon permit prices will soar by 2027 as policy measures shrink supply, while their forecasts for 2025 and 2026 were little changed.

Italy's Snam to invest to prepare gas grid for green fuels

Italian natural gas grid operator Snam sees a growing role for decarbonized gases and is getting ready to transport different substances, including biomethane and hydrogen.

Opinion: Don't get too excited about China's growing natural gas use

China has boosted imports of liquefied natural gas (LNG) this year to the highest since 2021 and has lifted natural gas-fired electricity generation to record levels.

Update: UK imposes sanctions on Russian oil and LNG vessels

Britain said on Thursday it had imposed sanctions on 18 more Russian oil tankers and four liquefied natural gas vessels, the largest batch of sanctions to date against Russia's so-called ‘shadow fleet.’

Cheniere Energy moves closer to starting new Texas LNG export operation

Cheniere Energy has moved one step closer to producing first liquefied natural gas (LNG) from a Corpus Christi, Texas, expansion project on Thursday after it received permission from federal regulators to put a supply line into operation.

Greek shipowners take $18-B gas gamble on LNG and LPG vessels

Greek shipowners have spent an unprecedented $18-B on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes

Venture Global will not begin LNG deliveries to Italy's Edison until 2025

Italian energy group Edison said that U.S. gas exporter Venture Global LNG told it not to expect contract cargoes from its Louisiana export facility until April 2025.

Japan could boost LNG buys for emergency reserve to nearly 1 MMtpy

Japan is considering stepping up purchases of liquefied natural gas (LNG) for emergency needs to at least 12 cargoes a year from three now, to guard against unexpected supply shocks.

KBR awarded engineering and procurement services contract for Shell’s Manatee gas project

KBR has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.

Nigeria signs deal to supply gas to proposed $3.5-B petrochemical plant

Nigeria took a major step in its quest to earn revenue from its vast gas reserves, signing a deal with joint venture partners to supply gas to a proposed $3.5-B Brass fertilizer and petrochemical plant.

PetroChina ends its role as committed shipper on Trans Mountain pipeline

PetroChina Canada will no longer be a committed shipper on the Trans Mountain oil pipeline after assigning its contracts to another party.

Cove Point LNG in Maryland (U.S.) returns to production

Berkshire Hathaway Energy's 0.8-Bft3d Cove Point LNG export plant in Lusby, Maryland, returned to production on Saturday, three weeks after it shut down for annual maintenance.

Four tankers still at sea with unsold cargoes from Russia's Arctic LNG 2

Four tankers loaded with Russian Arctic LNG 2 cargo are still out at sea, according to data from ship-tracking agency Kpler, highlighting the struggles of the U.S.-sanctioned project to sell the sea-borne gas.

U.S. natgas prices fall 3% to 2-week low on lower demand forecast

U.S. natural gas futures dropped about 3% to two-week lows on Monday on forecasts for milder weather and less demand next week than previously expected.

U.S. appeals court blocks Kinder Morgan’s Tennessee pipeline permits

A U.S. appeals court on Friday put on hold approvals and permits necessary to allow a Kinder Morgan subsidiary to construct a 32-mile gas pipeline in Tennessee, at the urging of environmental groups.

IEEFA: Canadian LNG will not boost Japan's energy security or Asia's decarbonization

With LNG Canada set to start up next year, liquefied natural gas (LNG) exporters in Canada are racing to build new projects along the country’s western coast. Many are enamored by the prospect of selling the fuel to Asian countries, particularly Japan.

Ichthys LNG Train 2 restarts, Train 1 to resume full ops in Nov.

Train 2 at Australia's Ichthys LNG restarted operations on Oct. 9, after it was previously taken offline for inspection and repair works.

Gas line connection to Exxon's FPSOs in Guyana completed

A pipeline that would allow Guyana to bring natural gas produced by an ExxonMobil-led consortium to shore has been connected to two of the project's floating production platforms.

Fewer tankers transit the Red Sea in 2024

The amount of crude oil and oil products flowing through the Bab el-Mandeb, the southern chokepoint at the mouth of the Red Sea, decreased by more than 50% in the first eight months of 2024.

Canadian natural gas firms eager for LNG boom swamp market with excess supply

A huge liquefied natural gas (LNG) export terminal led by Shell, called LNG Canada, may struggle to dramatically raise Canadian natural gas prices when it starts operating next year because a flood of pent-up supply is waiting to hit the market.

INEOS Energy started compression ops at the Teesside gas processing plant

INEOS Energy announced the start-up of the electric-driven compressor at the Teesside Gas Processing Plant, which will significantly boost gas flows from the INEOS Operated Breagh Gas Field.

TotalEnergies expands global LNG bunkering footprint

TotalEnergies has signed a charter contract with Spanish shipowner Ibaizabal for a new LNG bunker vessel of 18,600 m3 capacity. This new vessel will expand the Company’s global presence in bunkering hubs.

The Gulf Energy Information Excellence Awards 2024 winners honored at live Houston gala

The 2024 Gulf Energy Information Excellence Awards was held on Wednesday evening at the Post Oak Hotel in Houston, Texas (U.S.). The black-tie gala recognized the energy industry’s leading innovations and thought leaders.

Nextchem (Maire) awarded licensing/process design package for H2 unit in Vietnam

Nextchem (Maire) awarded licensing and process design package to upgrade BSR's hydrogen production unit in Vietnam, based on its proprietary NX Reform technology.

NDT Global partners with Aramco to launch 56" ultrasonic inspection tool

NDT Global launched a 56" ultrasonic inline inspection tool, developed in collaboration to meet the inspection requirements of integrated oil and gas company Aramco.

U.S. drives global natural gas demand to new highs in 2024

Power producers in the U.S. have lifted natural gas-fired generation to new highs over the first nine months of 2024, sustaining the country's position as the leading driver of global natural gas consumption.

Norway's Equinor remains committed to $40-B Tanzania LNG project

Norway's Equinor remains committed to a $42-B LNG project in Tanzania that has stalled after proposed government changes to a financial agreement reached last year.

Arbitration rules in favor of bp as sole buyer of Kosmos Energy's Senegal LNG project

Kosmos Energy said a Paris-based arbitrator has ruled in favor of bp, prohibiting Kosmos from selling to third parties LNG from the Greater Tortue project offshore Senegal and Mauritania.