distribution

Alberta wildfires hit gas flow out of Canada to U.S., spiking prices

Abnormally hot and dry weather is set to return to Alberta after a couple of cooler days helped calm wildfires that have slowed the flow of natural gas out of Canada into the United States and lifted gas prices.

Russian gas cargoes cross Crimea bridge after 4-month wait

Three gas carriers loaded with butane and propane crossed the Russia-built Crimea bridge over April 12-14 after a four-month wait and set sail for their destinations.

Energean CEO says looking to increase Israel FPSO capacity

Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year.

US nat gas futures ease 1% to 2-wk less cold forecasts

U.S. natural gas futures slid about 1% to a two-week low on Friday on forecasts for less cold weather and lower heating demand over the next two weeks than previously expected.

LNG to lead U.S. natural gas exports

Exports of LNG will continue to drive growth in U.S. natural gas exports over the next two years, according to the U.S. EIA.

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

Russia to mothball damaged Nord Stream pipeline

Russia's ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them.

Asian spot LNG prices continue to decrease

Asian spot LNG prices continued their downtrend this week, hitting the lowest level since July 2021, due to tepid demand which is expected to last until the end of March.

Germany LNG import bill to eclipse $10 B

Germany said that new infrastructure for floating LNG terminals will exceed previously expected costs, forewarning taxpayers that there will be a price to pay for energy security.

U.S. nat gas futures rose 3% on more feedstocks flowing to LNG terminals and increased heating demand

U.S. natural gas futures rose about 3% to a five-week high on Friday, with the amount of gas flowing to U.S. LNG export plants set to hit a daily record high and on forecasts for colder weather and higher heating demand in two weeks than previously expected.

WFW advises Hoegh LNG on refinancing options for German FSRUs

Watson Farley & Williams advised Höegh LNG on the refinancing of the Höegh Esperanza and Höegh Gannet FSRUs that will service Germany‚Äôs new FLNG terminals in the North Sea ports of Wilhelmshaven, Lower Saxony and Brunsbüttel, Schleswig-Holstein.

CNPC shuffles regional offices to better support global portfolio

China's CNPC has completed a months-long reshuffle with the addition of six regional offices that report to Beijing headquarters to better coordinate and supervise its sprawling global portfolio.

Cheniere Energy doubles revenue on surging LNG demand

Cheniere Energy said its full-year revenue more than doubled and also topped analysts' estimate on surging demand for the commodity since Russia's invasion of Ukraine.

TES and Energie 360° partner to supply renewable synthetic methane to customers

Energie 360° and TES are working together to supply eNG (renewable synthetic methane) to customers from 2027.

U.S. natural gas futures gain 2% on colder forecast for this week

U.S. natural gas futures rose about 2% on Monday from a 25-month low in the prior session on forecasts for colder weather and higher heating demand this week than previously expected.