Regions

Cheniere signs LNG supply agreement with Equinor for Sabine Pass expansion

Cheniere Energy has entered into a long-term agreement with Norway's Equinor to supply 1.75 million tons of liquefied natural gas per annum, it said.

OMV Petrom greenlights Neptun Deep Black Sea gas project

Romania's OMV Petrom will develop the long-awaited Neptun Deep Black Sea gas project and expects first output by 2027, it said on Wednesday as it announced its final investment decision.

Japan's Mitsui says no plans to exit Russia's Sakhalin-2 LNG project

Japanese trading house Mitsui & Co has no plans to withdraw from the Sakhalin-2 liquefied natural gas project in Russia, a senior executive said, adding the operation was continuing super-chilled fuel exports to Japan.

Malaysia's MISC Group to develop ammonia engines for ships

Malaysian logistics company MISC Group has signed an agreement to develop ammonia engines for ships, marking a step towards zero-emission shipping operations, the company said.

South Africa partners with Dutch, Danish governments on green hydrogen fund

South Africa and the governments of the Netherlands and Denmark launched a $1-B green hydrogen fund to help kick-start an industry seen as critical to the country's decarbonization efforts.

Russia's Novatek seeks rights for gas export from planned Murmansk LNG plant

The head of Russia's largest liquefied natural gas producer Novatek said the company is pushing for changes to the gas export law so that its future Murmansk LNG plant will be able to sell LNG abroad, TASS news agency reported.

Norway May gas output declines more than expected

Norway's crude oil and gas output fell in May from the previous month, with gas production lagging official forecast while oil exceeded expectations, Norwegian Petroleum Directorate said.

Qatar strikes second big LNG supply deal with China

Qatar secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.

Asia thermal coal prices get the blues from Europe and LNG

Seaborne thermal coal prices in Asia have slumped to the lowest in two years as weakening demand in Europe and falling liquefied natural gas prices outweigh strong demand in the top-importing region.

Cyprus changes tack with plan for Mediterranean gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters.

Cheniere liquified natural gas plant reduces feedgas intake

U.S. liquefied natural gas exporter Cheniere Energy Inc has reduced feedgas intake and LNG output at its Louisiana facility during maintenance, according to two people familiar with the matter.

Petrobangla to sign 10-year LNG deal with Oman Trading International

Bangladesh's state-owned company Petrobangla is set to sign a long-term supply deal for additional stocks of LNG from Oman Trading International, an official at Petrobangla said.

Uzbekistan to buy 2.8 bcm of Russian gas per year

Uzbekistan will start importing 9 mcm of Russian natural gas daily from Oct.1 under a deal it has signed with Russia's Gazprom, the Central Asian nation's energy ministry said.

thyssenkrupp pulls trigger on long-awaited IPO of hydrogen division Nucera

thyssenkrupp launched the long-awaited listing of its hydrogen division Nucera, suggesting its new chief executive intends to waste no time in reviving the fortunes of the embattled conglomerate.

U.S. grapples with how clean is green hydrogen

Signed into law last year, the Biden administration’s Inflation Reduction Act will plough almost $400 B into clean energy projects and a large part of that will finance a tiered subsidy for emission-free hydrogen production.

Norway gas output lower than planned due to Shell outage, Gassco says

Norway's overall gas production will be lower than planned in the coming weeks due to an extended outage at Shell's Nyhamna processing plant, gas infrastructure operator Gassco said.

Australia's AGL, Senex Energy sign big gas supply deal

Australian gas producer Senex Energy, owned by South Korean steel giant Posco, has entered into an agreement to supply 42 petajoules of gas to the country's top power producer AGL Energy, the companies said.

Edison opens 'strategic' hydrogen-ready power plant near Venice

Italian energy group Edison inaugurated a new lower-emissions gas power station near Venice which in the future should also run on a hydrogen-gas mix that should be even less pollutant.

Asian spot LNG prices rise to at 3-month high tracking European prices

Asian spot LNG prices reversed their multi-week downward trend and rose to a three-month high this week, tracking European gas gains and as high temperatures in north-east Asia increased cooling demand.

Japan's May LNG imports plunge on rising nuclear, healthy stockpiles

Imports of LNG to Japan fell in May by 20%, data from the Ministry of Finance showed, as rising nuclear power usage and ample stockpiles reduced purchasing needs.

Varo Energy acquires second biogas firm in 2023

European refiner and trader Varo Energy is acquiring biogas supplier Renewable Energy Services, its second deal this year in a sector which is expected to grow rapidly as economies seek to reduce carbon emissions.

Indonesia's PGN to supply gas to Lotte Chemical petrochemical plant

Indonesia's state-controlled gas company Perusahaan Gas Negara said it would supply natural gas to a petrochemical plant operated by a unit of South Korea's Lotte Chemical Corp .

Phillips 66 completes acquisition of DCP Midstream, LP common units

Phillips 66 and DCP Midstream, LP completed the previously announced acquisition by Phillips 66 of all the publicly held common units representing limited partner interests in DCP Midstream for $41.75 per common unit in cash at a total value of approximately $3.8 B, increasing its economic interest in DCP Midstream to 86.8%.

Spain's energy firms look to central Europe markets for green hydrogen deals

Spanish oil company Cepsa signed on Wednesday two agreements aimed at shipping green hydrogen between Spain and the Netherlands, a day after renewable energy giant Iberdrola took a similar step.

Pakistan approves LNG purchase deal with Azerbaijan

Pakistan approved a LNG purchase agreement framework with Azerbaijan, its finance ministry said.

TotalEnergies buys $219-MM stake in LNG developer NextDecade

TotalEnergies will buy a 17.5% stake in U.S. liquefied natural gas developer NextDecade for $219 MM, the French group said, part of a broader deal to enable the Texas company's Rio Grande LNG export project to proceed.

Hydrogen hype meets hard realities for Tasmania's global ambitions

Hydrogen has been hyped as offering perhaps the greatest hope of a renewable energy to replace fossil fuels, and Australia's island state of Tasmania is lauded as one of the best places to develop the new industry.

Ren Portgás powers up for decarbonization with Synergi Gas Automated Model Builder

REN Portgás upgraded to Synergi Gas Automated Model Builder to prepare for the new energy mix as Portugal transitions to a more sustainable future.

CPGC and BASF accelerate onboard CO2 capture system development

CSSC Power Co., Ltd. and BASF have formed a solid cooperation to expedite the progress of onboard carbon capture system for commercial maritime applications.

Mitsui O.S.K. Lines enters strategic investment agreement with Delfin

Mitsui O.S.K. Lines announced that it has entered into a strategic investment agreement with Delfin Midstream Inc enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world.