economics

Japan says to ensure U.S. sanctions on Russia LNG project won't harm supplies

Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake.

Regulators say loss of Everett LNG terminal threatens New England energy reliability

A possible loss of the Everett Marine LNG terminal can jeopardize the reliability of New England's energy supply during extreme cold weather.

Decarbonizing energy solution set for Saltend Chemicals Park, Humberside, UK

A pioneering decarbonizing energy plant generating clean gas for industrial use is set for deployment at Saltend Chemicals Park, Humberside

TES and Tokyo Gas partner to advance hard-to-decarbonize sectors with e-NG

Tree Energy Solutions and Tokyo Gas Co., Ltd. announce that they have signed an agreement to explore and develop e-NG supply chains globally as part of efforts to foster the global energy transition and the roll out of e-NG.

Sinopec signs new 27-year LNG supply deal with QatarEnergy

State-owned Chinese firm Sinopec signed a new 27-year LNG supply and purchase agreement with QatarEnergy.

Russia's LNG production seen at around 30 MMt in 2023

Russia's LNG production is seen at around 30 MMt in 2023.

New Fortress to charter FSRU for LNG import terminal in Brazil

LNG developer New Fortress Energy said it has signed a deal to charter a FSRU from Brazil's Petrobras starting in December.

Finland receives LNG cargo, books more for the winter

A tanker carrying LNG docked at Finland's Inkoo terminal and has begun unloading, the second cargo to arrive since the damage last month to a Finnish-Estonian pipeline.

Asia spot LNG prices fall amid full inventories, mild weather

Asian spot LNG prices fell this week but remained at a near nine-month high as geopolitical risks raised market concerns despite full inventories and a mild start to winter.

The Russian Arctic LNG project targeted by U.S. sanctions

The U.S. has imposed sweeping new sanctions on Moscow over the conflict in Ukraine, including on the planned Arctic LNG-2 plant as it targets Russia's energy sector.

Second gas cargo heads to Finland's LNG terminal after pipeline rupture

A tanker carrying Norwegian LNG is set to arrive at Finland's Inkoo terminal overnight making it the second cargo since the Oct. 8 outage of a Finnish-Estonian gas pipeline.

Tellurian says on track to produce LNG in 2027, still looking for customers

U.S. energy company Tellurian Inc said it remains on target to produce the first LNG at its Driftwood export plant in Louisiana in 2027.

New Fortress Energy says considering an onshore LNG facility in Mexico

New Fortress Energy disclosed it is weighing a LNG export facility in Mexico that would be an onshore complement to its offshore project.

Israeli gas exports to Egypt resume but in small quantities

Israeli natural gas exports to Egypt have resumed after a disruption last weekend but in small volumes, an official in Egypt's petroleum ministry said, without specifying the current flow.

Israel lowers gas exports with Tamar field shut

Israel is exporting 70% less natural gas since it shut down its Tamar field, with the economic toll of the closure about $201 MM a month.

German regulator: gas supply much better than in 2022

Germany's gas supply is much better than it was a year ago, the country's energy regulator said on Thursday, still refraining from giving the all-clear as there is limited visibility on how harsh winter temperatures are going to be.

U.S. October LNG exports climb to second highest level on record

U.S. LNG producers ramped up exports in October, to 7.92 Mmt, according to data provider LSEG, the second-highest monthly level on record.

New Fortress Energy may need to reapply for Mexico LNG permit

The U.S. Department of Energy has warned New Fortress Energy if any portion of its Altamira floating LNG project is located onshore Mexico, the company will have to resubmit its application for an export permit.

Gazprom delivers second LNG shipment to China, taking Suez Canal

Russia's Gazprom delivered a second shipment of LNG to China, sending it via the Suez Canal rather than the northern sea route taken by the previous cargo.

Chevron in talks on 15-year LNG supply contracts into Europe

Chevron is negotiating contracts to supply LNG into Europe for up to 15 years as buyers expect the region to rely on imports for longer than previously thought.

Enterprise Products doubles down on gas liquids with pipelines, processing plants

Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations, adding a pipeline from Texas' Permian Basin, new plants to process natural gas, and converting an oil pipeline in Texas to NGLs.

Australia LNG workers vote in support for Chevron deal

An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two LNG facilities in Australia.

Indonesia sees nearly 70 uncommitted LNG cargoes in 2026, seeks buyers

Indonesia sees nearly 70 uncommitted cargoes of LNG in 2026, energy ministry official Tutuka Ariadji said, as a number of gas projects are expected to come online in the coming years.

Russian piped gas exports to Europe down 2.4%, may fall by half in 2023

Natural gas pipeline exports to Europe by Russia's Gazprom were down 2.4% in October compared to September.

India's Petronet hopes diplomatic row with Qatar will not hurt gas talks

The CEO of India's Petronet LNG said he hoped negotiations between India and Qatar to extend their long-term liquefied natural gas import deals beyond 2028 would not be harmed by a diplomatic row between the countries.

Egypt's natural gas imports drop to zero from 800 Mf3d

Egypt's natural gas imports fell to zero from 800 Mf3d, leading to more power cuts.

Germany's Scholz says his country willing to invest in Nigerian gas, minerals

German Chancellor Olaf Scholz said his country was willing to invest in gas and critical minerals in Nigeria, Africa's largest oil producer, as he started a two-nation visit to sub-Saharan Africa.

Australia's Origin in talks to import LNG from Venice Energy's terminal

Australian energy infrastructure developer Venice Energy said that power producer Origin Energy is in talks to import LNG from its Outer Harbor LNG terminal and be the sole user for at least a decade.

TotalEnergies says Qatar LNG flows could be diverted from Europe

TotalEnergies said that LNG deliveries covered by a 27-year deal it signed with Qatar this month could be diverted to non-European countries if needed.

Seaside LNG takes delivery of new barge Clean Everglades

Executives from Seaside LNG, Polaris New Energy and their guests gathered at Fincantieri Bay Shipbuilding to christen the recently constructed LNG bunker barge Clean Everglades.