storage
Australia gives North West Shelf gas plant final approval to run until 2070
Government imposes 48 new rules to protect nearby ancient rock art Australia gave final approval on Friday for Woodside to operate the country's oldest and second-largest liquefied natural gas plant until 2070, while imposing 48 "strict" new rules in a bid to limit its environmental impact...
Italy plans two LNG units to help Sardinia phase out coal
Italy plans to send two new units for the regasification of liquefied natural gas (LNG) to Sardinia to help the island phase out coal.
BlackRock-led group in talks to raise around $10.3 billion for Aramco deal
A group of investors led by BlackRock's Global Infrastructure Partners is in talks with lenders to secure up to $10.3 billion in financing for Aramco's Jafurah infrastructure deal. Banks including JPMorgan and Japan's Sumitomo Mitsui Banking Corporation are in talks to participate in the transactio..
ExxonMobil bullish on China's LNG demand, eyes new markets
ExxonMobil expects strong growth in demand for liquefied natural gas (LNG) in China, driven by transport and marine sectors, and sees rising opportunities in new markets across Asia Pacific, Africa and Latin America, a senior company executive said.
Edison to buy U.S. LNG from Shell in 15-year deal starting 2028
Italy's energy company Edison signed an agreement with Shell to purchase liquefied natural gas (LNG) from the U.S., expanding its long-term portfolio. The Italian subsidiary of France's EDF will receive around700,000 tpy starting in 2028 and continuing for up to 15 years, it said in a statement...
TotalEnergies takes 10% stake in Rio Grande LNG Train 4 (U.S.)
TotalEnergies has signed agreements with NextDecade to take a 10% stake in the joint venture developing Train 4 of Rio Grande LNG (RGLNG), a liquefied natural gas (LNG) plant project located in South Texas. In addition to the 10% held directly, TotalEnergies will hold indirectly next to 7% in this T..
Italy, U.S. agree to boost LNG ties and infrastructure investment
Italy and the U.S. vowed to deepen energy ties including through increased exports to Italy of LNG, as Europe continues to seek alternatives to Russian energy supplies following Moscow's invasion of Ukraine.
EU sticks to planned Russian oil and gas exit by 2028
EU pledged to buy more US energy as part of trade deal Hungary and Slovakia oppose ending Russian imports Russia's oil and gas revenues have helped to fund Ukraine war The European Union (EU) is sticking to its plans to phase out Russian oil by 2028, the bloc's energy chief said, adding t..
Japan explores Alaskan LNG purchases as part of $7-B energy deal with U.S.
Japan has confirmed its commitment to an annual $7 B worth of energy purchases from the U.S. while exploring their new Alaskan LNG offtake agreement, a joint statement on the bilateral trade deal showed.
Dragon LNG launches market consultation for capacity available from 2029
Dragon LNG, a receiving terminal for LNG in South-West Wales, has launched a market consultation for the auction of 9 Bm3y of regasification capacity, available from August 26, 2029. Dragon LNG has taken account of feedback from an ‘Expression of Interest’ held last year, which generated interest..
Air Products commissions air separation facility and liquefier in Ohio (U.S.)
Air Products announced that its new air separation facility in Cleveland, Ohio is onstream and supplying customers. Air Products built, owns and operates the new facility which includes liquid production capability.
India to raise LNG import capacity 27% to 66.7 MMtpy
India is raising its LNG import capacity by 27% to 66.7 million metric tons per year by 2030 by adding two more plants, oil minister Hardeep Singh Puri said
Germany grants early approval for Brunsbuettel floating LNG terminal
German regulators have granted an early approval to begin construction on a floating liquefied natural gas (LNG) terminal in the port town of Brunsbuettel, state operator Deutsche Energy Terminal said.
Poland gauges interest in expansion of planned floating LNG terminal
Poland is gauging interest in the expansion of a floating liquefied natural gas (LNG) terminal being built near Gdansk as more European players are interested in supplies via Poland
U.S. natural gas prices hit over 2-week high on smaller storage build, strong LNG exports
LSEG projected average gas demand in the Lower 48 states, including exports, would ease from 111.1 Bft3d this week to 107.3 Bft3d next week and 104.2 Bft3d in two weeks.
Europe gas markets escape hectic LNG summer storage race
Europe can expect a surge of liquefied natural gas (LNG) imports over the coming months, giving the continent’s traders and governments a lot more breathing room.
ExxonMobil sees global natural gas demand surging in outlook to 2050
Global demand for natural gas will rise more than 20% by 2050 from last year's level, as it displaces coal to power industries and meet higher electricity use in developing countries, ExxonMobil said in an annual outlook.
Sinopec wins engineering contract for Saudi Arabian green hydrogen project
China's Sinopec said it has agreed to provide engineering services for Saudi Arabia's ACWA Power to build the world’s largest integrated green hydrogen and green ammonia project in the kingdom.
PetroChina proposes to buy gas facilities from CNPC in $5.59-B deal
The deal comes as China's biggest oil and gas producer looks to ensure stable operation and develop its natural gas industrial chain.
U.S. natural gas storage to end injection season above 5-yr average, EIA says
Storage volumes rose quickly in late April through early June, when weekly net injections exceeded 100 Bft3 for seven consecutive weeks — the first time that streak has occurred since 2014.
U.S. natgas prices climb 3% on small storage build, higher LNG export flows
U.S. natural gas futures climbed about 3% on Thursday on a smaller-than-expected storage build, recent declines in daily output and an increase in gas flows to liquefied natural gas (LNG) export plants.
Nikkiso selected to provide regasification systems and engineering services for LNG-to-power project in Bahamas
Nikkiso Clean Energy & Industrial Gases Group has been contracted by NPG to provide LNG regasification and cryogenic equipment for the New Providence Gas Project in Nassau, the Bahamas.
U.S. natgas prices hold near nine-month low as record output offsets higher demand forecasts
U.S. natural gas futures held near a nine-month low on Wednesday as forecasts for higher demand over the next two weeks and rising gas flows to liquefied natural gas (LNG) export plants offset near-record output and ample fuel in stockpiles.
EIA: U.S. natural gas storage levels remain above average through injection season
In its latest Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecasts U.S. working natural gas inventories will reach 3,872 Bft3 by the end of October, or 2% more than the previous five-year average for that time of year.
Aramco signs $11-B Jafurah midstream deal with international consortium led by Global Infrastructure Partners
Aramco has signed an $11-B lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock.
Thyssenkrupp Nucera abandons U.S. green hydrogen projects no longer deemed feasible
Thyssenkrupp Nucera is in intensive discussions with stakeholders in its U.S. projects and is abandoning those no longer deemed feasible due to tax and spending changes initiated by the U.S.
NextDecade secures $3 B funding from TotalEnergies, GIP for Rio Grande LNG project
U.S. LNG developer NextDecade said it will receive up to $3 billion in equity commitments from TotalEnergies and Global Infrastructure Partners (GIP) to finance the fourth liquefaction train at its Rio Grande LNG export project in Texas.
Russia's Arctic LNG 2 continue loadings with 4th sanctioned tanker
A LNG tanker targeted by U.S. sanctions has berthed at Russia's Arctic LNG 2 plant, the fourth such vessel to do so this year
Israel's Leviathan signs $35-B natural gas supply deal with Egypt, lessening the need for LNG imports
Israel's Leviathan natural gas field has signed the largest export agreement in the country's history, worth up to $35 B to supply gas to Egypt.
AVTL to develop new €170-MM LPG terminal at the JNPA port in Mumbai, India
In India, AVTL announced a positive final investment decision to build a greenfield terminal for 132,000 m3 of LPG and 318,000 m3 of liquid products and a LPG bottling plant of 35,000-t capacity in the JNPA port in Mumbai.
- Freeport LNG export plant in Texas reports shutdown of liquefaction train
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- Five energy market trends to track in 2026, the year of the glut
- Venture Global wins LNG arbitration case brought by Spain's Repsol
