distribution
Edison confident of positive outcome in Venture Global LNG arbitration
Italian utility Edison is confident of a positive outcome in an arbitration involving U.S. liquefied natural gas (LNG) supplier Venture Global, which is expected by the end of the year.
Cheniere enters natural gas deal with Canadian Natural Resources
U.S. LNG exporter Cheniere Energy said on Wednesday its unit has entered into a long-term agreement to purchase natural gas from Canadian Natural Resources.
U.S. natgas prices climb 2% to 2-week high on lower output, higher demand forecasts
U.S. natural gas futures climbed about 2% to a two-week high on Wednesday on a drop in output, forecasts for more demand next week than previously expected and an outlook calling for hotter-than-normal weather this summer that should boost the amount of gas power generators burn to keep air conditioners humming.
Glenfarne partners with Worley on final engineering for 807-mi Alaska LNG pipeline
Glenfarne Alaska LNG has selected Worley to undertake additional engineering and prepare a final cost estimate for the Alaska LNG Pipeline in sufficient detail to achieve final investment decision (FID) for the pipeline.
South Africa proposes buying U.S. LNG as it seeks trade deal
South Africa has offered to buy liquefied natural gas (LNG) from the United States over a 10-year period as part of proposals to secure a trade deal.
Malaysia's Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
Malaysia's Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam while also looking to secure more long-term supply from North America and emerging markets.
Soft China dampens Asia LNG demand while Europe's imports ease
Asia's imports of liquefied natural gas (LNG) stagnated in May while Europe's continued to ease as demand in both of the world's top-importing regions entered the seasonal slump between winter and summer peaks.
Germany opens second gas terminal at Wilhelmshaven port
Germany officially launched a second liquefied natural gas (LNG) import terminal at Wilhelmshaven on Monday, state operator Deutsche Energy Terminal said, as part of efforts to diversify the country's energy supply.
Hungary's Orban says EU plan to ban Russian energy imports must be prevented
The European Commission will next month propose legal measures to phase out the EU's imports of all Russian gas and liquefied natural gas by the end of 2027, the EU executive said earlier in May. Member states Slovakia and Hungary, which rely on Russian oil and gas supplies, have opposed the proposed ban.
Supplies from Russia's sanctioned Arctic LNG 2 plant curbed by lack of tankers
Russia's Arctic LNG 2 plant, currently under U.S. sanctions, has shut down its first production train because reservoirs are full in the absence of tankers to load.
Rising gas output, pipeline supplies slow China's LNG demand
China's rising natural gas output and pipeline supply are slowing its liquefied natural gas (LNG) imports this year, capping prices in the region, but industry executives expect LNG demand from its industrial and power sectors to grow in the long run.
Russia and Bahrain in advanced talks over LNG supply deal
Russia is in advanced talks with Bahrain over a three-year liquefied natural gas (LNG) agreement under which Moscow would supply the Gulf kingdom with 1.5 MM tonnes (t) of the fuel.
Shell expects more LNG exporters to turn into net importers, drive demand
Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects.
Egypt in talks to buy 40-60 LNG cargoes this year amid energy crunch
Egypt is in talks with international energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) to secure emergency fuel imports amid a worsening energy crunch ahead of peak summer demand
Guangdong Pearl River agrees to LNG purchase deal with ConocoPhillips
Guangdong Pearl River Investment Management Group said on Wednesday it has signed a 15-year sales and purchase agreement to buy liquefied natural gas (LNG) from ConocoPhillips.
Egypt's fertilizer producers cut output as gas supplies slashed
Two of Egypt's largest fertilizer producers said on Wednesday they had received official notification of a two-week reduction in natural gas supply to their plants, triggering an immediate drop in production.
Vopak confident in advancing Australia LNG import terminal after state overhauls laws
Dutch tank storage firm Vopak said on Wednesday it was confident in advancing its proposed liquefied natural gas (LNG) import terminal in Victoria, Australia’s biggest gas-consuming state, after laws were passed to ease supply shortfalls.
Mercuria signs long-term LNG supply agreement with Guangzhou Gas Group
Mercuria Energy Trading S.A., a subsidiary of Mercuria Energy Group Holding SA, has signed a long-term LNG sales and purchase agreement with Guangzhou Gas Group Co. Ltd., a subsidiary of Guangzhou Development Group Co. Ltd.
U.S. regulator approves Freeport LNG’s restart of Phase 3 facilities
U.S. liquefied natural gas company Freeport LNG on Wednesday received approval from the Federal Energy Regulatory Commission (FERC) to restart operations at its Phase 3 facilities in Texas.
Austrian gas hub records higher trading volumes despite end of Russian flows
Austria's central gas hub has registered increased trading volumes on its platform this year, overcoming fallout from the halt to Russian gas flows through Ukraine.
Bureau Veritas grants AiPs for IMODCO’s portfolio of jetty-less solutions for new energies transfers
Bureau Veritas Marine & Offshore (BV) issued Approvals in Principle (AiPs) for a portfolio of jetty-less solutions to offshore transfer large-volume ammonia. These solutions have been developed by IMODCO Terminals SA – a subsidiary of SBM Offshore - to enable offshore floating storage of Ammonia, LNG or Natural Gas.
TotalEnergies agrees to export 2 MMtpy of LNG for 20 yr from the Ksi Lisims LNG Project
TotalEnergies has signed a sales and purchase agreement (SPA) with Ksi Lisims LNG for the purchase of 2 MMtpy of LNG for 20 yr from the future liquefaction plant, subject to the final investment decision of the project.
U.S. natgas prices ease to 2-week low on lower demand and flows to LNG export plants
U.S. natural gas futures eased about 1% to a two-week low on Friday on a smaller decline in output than previously expected, lower gas flows to liquefied natural gas (LNG) export plants and forecasts for less demand in two weeks.
First LNG ship bunkering hub in U.S. Gulf Coast secures permits to start work
A joint venture project developing the first marine fuel facility for liquefied natural gas (LNG) in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year.
U.S. LNG exporters push forward new projects despite trade war uncertainty
Woodside Energy's decision last month to proceed with its Louisiana LNG export facility was the first of > 90 MM tonnes (t) of new LNG shipping capacity U.S. companies plan to approve this year despite uncertainty about President Donald Trump's trade war.
How could the EU ban Russian gas?
The European Commission will next month propose legal measures to fully phase out the EU's Russian gas imports by the end of 2027, and ban spot contracts with Russia by the end of this year.
Venture Global LNG shares surge as company announces Plaquemines ramp-up
Venture Global LNG shares jumped nearly 11% on Tuesday after the company announced it expects its entire Plaquemines LNG export facility in Louisiana to be in operation by the end of the year, news that eclipsed its disappointing quarterly results.
Aramco to sign MoUs with NextDecade, Sempra for 6.2 MMt of LNG
Saudi Aramco will sign on Tuesday memoranda of understanding (MoUs) with U.S. liquefied natural gas (LNG) producer NextDecade and utility firm Sempra as the oil giant expands in the LNG market.
Cowboy Clean Fuels and Mercuria announce landmark offtake agreement for carbon-negative RNG
Cowboy Clean Fuels (CCF), a Wyoming (U.S.)-based climate tech and energy transition company, has announced a groundbreaking offtake agreement with Mercuria, one of the world’s leading independent energy and commodity trading groups.
Ukraine increases gas imports, transmission operator says
Ukraine increased gas imports over the weekend and on Monday to around 15.5 MMm3d, up from about 14.5 MMm3d during the previous week.
- U.S. ethane exports to China hit new roadblock with license requirement
- Glencore to offtake 2 MMtpy of LNG from Commonwealth LNG's export facility in Cameron Parish, Louisiana
- Australia clears Woodside to run North West Shelf LNG plant to 2070
- Egypt agrees to buy up to 160 LNG cargoes through 2026
- Shell to add up to 12 MMt of additional LNG capacity by 2030
