Asia-Pacific
European gas prices hit 6-months lows on China trade tariff retaliation
Dutch and British gas prices plunged to their lowest in over six months in line with sharp declines in oil and stock markets after China announced retaliatory tariffs on U.S. goods, fanning global recession fears.
Shell completes acquisition of Pavilion Energy, strengthening leadership position in LNG
Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has completed the previously announced acquisition of 100% of the shares in Pavilion Energy Pte. Ltd.
Japan's Mitsubishi may consider investing in $44-B Alaska LNG project, CEO says
Japanese trading house Mitsubishi Corp may consider investing in Alaska's $44-B LNG project, though any decision will require careful review, including factors such as the 1,300 km distance to the West coast, the need to build liquefaction facilities, and future LNG demand in Southeast Asia and other regions.
ABB delivers integrated automation and digital technology for India’s largest energy pipeline network
ABB has successfully delivered an integrated scope of advanced automation and digital solutions for Indian Oil Corporation Ltd’s countrywide oil and gas pipeline network. Spanning over 20,000 km across multiple states in India, the network is vital to supporting the country’s energy needs, transporting 125 million metric tons of oil and 49 million metric standard cubic meters of gas annually.
Japan's Tokyo Gas expands in U.S. shale gas with Chevron deal
TG Natural Resources LLC, co-owned by Tokyo Gas and Castleton Commodities International, has bought a 70% stake in east Texas gas assets from Chevron for $525 MM, as it expands its U.S. gas business.
Gas giants say Australia opposition’s plan to reserve supplies could worsen shortfall
Global gas giants said an election campaign proposal by Australia's opposition coalition that would force producers to direct more export gas into the domestic market would deter investment without tackling looming shortages.
Canada’s propane exports to Asia are growing, making up more than 40% of exports in 2024
Canada’s propane exports have steadily increased over the last decade, reaching record highs in 2024 as new marine export terminals streamlined the flow of propane from western Canada to export destinations, particularly to Asia.
Bureau Veritas grants AiP to MARIC for 155,000-m³ ultra-large ethane carrier
Bureau Veritas Marine & Offshore has awarded Approval in Principle to the Marine Design and Research Institute of China (MARIC) for its new 155,000-m³ ultra-large ethane carrier design.
India weighs scrapping import tax on U.S. LNG, looks to boost purchases
India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump.
The U.S. remained the world’s largest LNG exporter in 2024
The U.S. exported 11.9 Bft3d of LNG in 2024, remaining the world’s largest LNG exporter.
Nuclear growth helps South Korea cut back on coal and LNG imports
Record nuclear power production is helping South Korea to cut imports of thermal coal and LNG to multi-year lows so far in 2025.
Osaka Gas has no immediate need for more U.S. LNG, its president says
Japan's Osaka Gas has no immediate need to buy more liquefied natural gas (LNG) from the United States, its president said on Wednesday, as the company already has supplies to last through to around the middle of the next decade.
Trafigura scraps plans for $471-MM hydrogen plant in South Australia
Trafigura has abandoned plans to build an A$750-MM ($471.2-MM) green hydrogen plant at its Port Pirie lead smelter in South Australia, a spokesperson for the global commodity trading firm said on Tuesday.
Renewables and natural gas surge ahead of oil and coal
There is something positive for every type of energy in the International Energy Agency's (IEA’S) latest global review, but the loudest cheers will be for renewables and natural gas.
Vietnam's Vingroup plans renewables and LNG power ventures
Vietnam's largest conglomerate Vingroup is seeking to develop renewable energy and liquefied natural gas (LNG) power plants, the company said on Tuesday, in what would be its first ventures into the energy sector.
Gujarat State Petronet Limited commissions 18-MMm3d Chhara gas pipeline (India)
A 18-MMm3d natural gas pipeline connecting the greenfield 5-MMtpy LNG regasification terminal at Chhara in the Gir-Somnath district with the gas grid has been commissioned.
China’s LNG import plunge comes at just the right time for Europe
China’s imports of liquefied natural gas (LNG) have sputtered this year, freeing up volumes that are helping Europe restock its rapidly dwindling supplies following a harsh winter.
Golar LNG signs finance lease agreements for FLNG Gimi
Golar LNG Limited announced that it has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of the existing FLNG Gimi debt facility. The sale leaseback facility will be approximately $1.2 B.
Powered by GE Vernova’s H-Class equipment, 1.2-GW Pulau Indah power plant begins operation
GE Vernova Inc. has announced a Selangor state-linked company, Worldwide Holding Berhad (WHB)’s Pulau Indah power plant achieved the start of operation in Selangor, approximately 60 km from the Malaysian capital city, Kuala Lumpur.
Aiming for energy security, Taiwan seeks to invest in Alaska LNG project
Taiwanese state energy firm CPC Corp. has signed an agreement with Alaska Gasline Development Corp. to buy liquefied natural gas (LNG) and invest in the project, a move Taiwan's President Lai Ching-te said would ensure the island's energy security.
Japan gas industry head says higher U.S. LNG imports must be mutually beneficial
Higher imports of U.S. liquefied natural gas (LNG) would enhance Japan's supply stability and energy security, but they must be pursued in a mutually beneficial manner for both parties, the head of Japan's gas industry group said on Wednesday.
Qilak LNG, Alaska's smaller gas project, seeks a role in Trump's Asia push
Qilak LNG, which is hoping to develop a liquefied natural gas (LNG) project in Alaska, wants to be part of U.S. President Donald Trump's push for rising gas exports from the remote peninsula to Asian markets, its Chief Executive Mead Treadwell said.
Excelerate Energy, PV Gas announce strategic partnership for U.S. LNG supply
Excelerate Energy Inc., a leading provider of floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) solutions, and Petrovietnam Gas Joint Stock Corporation (PV Gas), a subsidiary of Vietnam Oil and Gas Group (Petrovietnam), have signed a memorandum of understanding (MoU) to collaborate on securing a reliable and stable supply of LNG sourced from the United States as early as 2026.
ExxonMobil Australia, Woodside approve FID for $221-MM gas project
ExxonMobil's Australian unit said that its Gippsland Basin JV with Woodside Energy has approved its final investment decision to develop the Turrum Phase 3 project, targeting underdeveloped gas resources and possibly providing additional resources for the domestic market
Petronas says still in talks with Sarawak over gas aggregator role
Malaysia's state energy firm Petronas said on Saturday it is continuing discussions with multiple stakeholders following a report that negotiations over the ongoing gas aggregator role with Petros have reached a deadlock.
Alaskan officials to seek investors in Japan as Trump touts U.S. LNG
The project aims to transport natural gas south from Alaska's remote north via a $44-B 1,300-km pipeline, to be shipped as LNG to Japan, South Korea and Taiwan. Exports could begin by 2030 from a project that could deliver about 3.5 Bft3/d.
CTCI Corp., IHI awarded EPC contract to build LNG cryo tanks for CPC Corp. in Taiwan
CTCI Corporation has jointly won a NT$26.6-B (> $800 MM) EPC bid with Japan’s IHI Plant Services Corporation to build LNG cryogenic tanks for CPC Corp., Taiwan’s state-owned petroleum company, at CPC Kaohsiung Intercontinental LNG Terminal.
Alaska (U.S.) LNG project could start up by 2030, state governor says
Exports of liquefied natural gas (LNG) from Alaska (U.S.) could begin by 2030, Alaska Governor Mike Dunleavy said on Friday. U.S. President Donald Trump talked up the proposed $44-B Alaska LNG project in his address to Congress last week.
Woodside signs long-term LNG supply deal with China Resources Gas
Australian energy giant Woodside Energy has signed a long-term sale and purchase agreement with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.
U.S., Vietnam firms sign deals on energy and minerals
Vietnamese and Americans firms have signed a series of deals on energy and minerals during a visit to the United States by Vietnam's trade minister.
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- India's BPCL signs LPG supply deal with Norway's Equinor
- Digital Exclusive: The future of gas turbines in the green revolution
