LNG
Tamboran and Santos execute MoU to progress studies for Darwin LNG expansion
Tamboran Resources Corp. and Santos Ltd. have entered into a non-binding memorandum of understanding (MoU) to undertake technical studies relating to a potential Darwin LNG (DLNG) Train 2 expansion and collaborative work on the jointly owned EP 161 acreage (Santos 75% operator, Tamboran 25%) in the Beetaloo Basin.
U.S. EIA expects higher wholesale U.S. natural gas prices as demand increases
The U.S. Energy Information Administration (EIA) expects increases in the Henry Hub natural gas price in 2025 and 2026 as demand for natural gas grows faster than supply, driven mainly by more demand from U.S. liquefied natural gas (LNG) export facilities, reducing the natural gas in storage compared with the last two years.
China stimulus to lift 2025 gas imports, but trade war may curb growth
China's natural gas imports are forecast to rise in 2025, with liquefied natural gas (LNG) shipments headed for a record as economic stimulus plans lift demand from industries, although analysts and traders said trade tension with the U.S. may cap growth.
U.S. natural gas prices fall 3% on forecasts for milder weather, lower LNG feedgas
U.S. natural gas futures slid about 3% on Friday on forecasts for milder weather over the next two weeks than previously expected and a recent drop in gas flows to liquefied natural gas (LNG) export plants, due in part to the shutdown and slow return of Freeport LNG's plant in Texas.
Venture Global debut to test appetite for energy IPOs after Trump's policy pivot
Venture Global LNG will debut on public markets on Friday after sharply lowering its IPO valuation to $60.5 B, but still set to be one of the largest U.S.-listed energy companies.
Japan's JERA plans to expand U.S. LNG purchases to diversify energy supply
Japan's top liquefied natural gas (LNG) buyer, JERA, plans to increase its purchases of LNG from the United States to diversify its supply and meet demand growth spurred by data centers and AI.
Freeport LNG export plant in Texas on track to exit outage after winter storm
Natural gas flows to Freeport LNG's export plant in Texas were set to rise on Thursday after a power problem during a winter storm forced it to shut on Tuesday.
More U.S. LNG exports to Europe will help market, Uniper CEO says
More U.S. exports of LNG to Europe as called for by President Donald Trump will relieve tight global markets, reduce prices and help traders diversify their supplies, the head of German utility Uniper said.
TotalEnergies' Mozambique LNG project faces delay beyond 2029
TotalEnergies' $20-B Mozambique LNG project will not be operational by 2029 as hoped, the French oil major said, citing the need to end force majeure and ensure security at the project site.
Vecino, DRW to develop South Texas gas storage, 40-mile pipeline to Agua Dulce
Vecino Energy Partners and DRW Energy Trading have partnered to develop the Piedras Pintas Salt Dome in Duval County, Texas, aiming to bolster natural gas storage capacity and connectivity in South Texas.
Online Exclusive: Trump Administration must state its position on climate and energy
In a speech to announce the U.S.’s Fifth Climate Assessment on Nov. 14, 2023—a report that was compiled by more than 700 climate scientists and thousands of contributors— President Joe Biden stated that the greatest existential threat to the U.S. and humanity is the “climate crisis.”
IEA: Global gas markets to remain tight on rising demand
Global natural gas markets will remain tight this year as demand rises and output grows more slowly than before the energy crisis of 2022 and the pandemic of 2020-2021, a quarterly report by the International Energy Agency (IEA) said.
Argentina's YPF signs deal with Indian firms to export LNG
Argentina's state-run oil company YPF signed a memorandum of understanding with three Indian firms to potentially export up to 10 MMtpy of liquefied natural gas.
FLNG Gimi receives first gas from the Greater Tortue Ahmeyim field
Golar LNG Limited announced that FLNG Gimi received feed gas from the bp-operated FPSO on the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced.
Portugal to import more US, Nigerian LNG, aims to end Russian supply
Portugal plans to increase purchases of liquefied natural gas (LNG) from the U.S. and Nigeria as it aims to end already dwindling supplies from Russia, Environment Minister Maria da Graca Carvalho said on Tuesday.
China's LNG imports reach three-year high in 2024, narrowly missing record
Shipments of liquefied natural gas (LNG) to China, the world's largest buyer of the chilled fuel, rose to a three-year high in 2024 but defied predictions that imports could reach a new record.
LNG traders divert six U.S. cargoes to Europe from Asia
Traders diverted at least six cargoes of liquefied natural gas (LNG) that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand.
Trump lifts freeze on U.S. LNG export permit applications
President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's policies.
Trump to declare 'national energy emergency' to boost fossil fuels, power projects
President Donald Trump laid out a sweeping plan to maximize already record high U.S. oil and gas production by declaring a national energy emergency, stripping away excess regulation, and withdrawing the U.S. from an international pact to fight climate change.
Italy's gas consumption at lowest in more than 15 yr in 2024
Italy's natural gas consumption fell to its lowest level in more than 15 yr to 61.7 Bm3 in 2024, the country's power market manager GME said on Friday.
GreenLine partners with Mondelez to provide sustainable logistics solutions
GreenLine Mobility Solutions Ltd., a prominent player in Essar’s Green Mobility initiative, has announced a new collaboration with Mondelez International (India) aimed at advancing the company’s sustainability goals through environmentally friendly road logistics.
South Korea considering buying more U.S. oil and gas
South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East.
Germany has enough gas for winter, storage operators say
Germany has sufficient gas in storage to cover demand over the current 2024/25 winter season, despite the end of Russian gas exports to central Europe on Jan. 1, storage operators' group INES said.
Trump's energy department pick to call for more LNG and nuclear power
Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power.
Ten EU countries call for sanctions on Russian gas, LNG
Ten European Union (EU) countries have called for the 27-nation bloc to ban imports of pipeline gas and liquefied natural gas (LNG) from Russia, as Europe debates fresh sanctions on Moscow over the war in Ukraine.
Greece's natural gas consumption rose 30% last year
Greece consumed 30% more natural gas last year than in 2023 as power producers, big industries and domestic consumers ramped up their use.
Poland's Orlen plans to invest up to nearly $92 B by 2035
The company aims to meet all of Poland's domestic natural gas demand over the next decade by increasing production and boosting LNG contracting, as well as adding gas-fired power generation capacity, energy storage and other infrastructure.
The eighth U.S. liquefied natural gas export terminal, Plaquemines LNG, ships first cargo
On December 26, 2024, Plaquemines LNG—the eighth liquefied natural gas (LNG) export terminal in the United States—shipped its first cargo after achieving first LNG production in mid-December.
LNG exporter Venture Global targets up to $110-B valuation in blockbuster U.S. IPO
Venture Global is targeting up to $110.38 billion valuation in its U.S. initial public offering, setting the stage for the first blockbuster stock market flotation in 2025.
AGDC and Glenfarne to develop $44-B Alaska LNG project
The Alaska state's Alaska Gasline Development Corporation (AGDC) has entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project.
- ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure
- U.S. Department of the Treasury releases final rules for clean hydrogen production tax credit
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Nicor Gas celebrates its first renewable natural gas interconnection
- EnviTec Biogas looks to expand biogas production into the U.S.
