natural gas

Hungary will receive LNG from Qatar starting in 2027

Hungary can begin to receive shipments of LNG gas from Qatar in 2027, said Hungarian Foreign Minister Peter Szijjarto.

Russia's Arctic-2 LNG set to start production during 2023

Russia's Arctic-2 LNG project, in which China's CNOOC Ltd holds a 10% stake, is proceeding as planned with first phase to start operation during this year, senior company executives said.

EU gas storage reaches 90% target ahead of Nov. 1 deadline

Gas storage in the European Union has already reached 90% well ahead of a Nov. 1 deadline to reach the level, the European Commission said.

Poland's Orlen, Gaz-System sign gas deal for planned terminal

Poland's Orlen has signed a contract with state-owned pipeline operator Gaz-System for the regasification of up to 58 LNG cargoes per year at a planned floating gas terminal.

Asian spot LNG prices rise to 5-month high on Australian strikes risk

Asian spot LNG prices rose this week to the highest level in five months, as the risk of possible industrial action at some Australian LNG facilities raised concerns over supply.

Spain's gas imports fall 20% in June from year ago, less Russian gas

Spain's natural gas imports fell 20% in June from a year ago to an equivalent of 28,622 gigawatt-hours, government data showed.

U.S. natural gas futures rise as traders brace for storage report

U.S. natural gas futures rose in the run up to a federal report expected to show a smaller than usual storage build last week as hotter weather boosted cooling demand.

Worker disputes at Australian LNG producers roil global gas market

Woodside Energy Group and U.S. major Chevron are locked in a dispute overpay and job security with about 700 workers at four facilities in Australia that produce more than a tenth of the world's LNG.

Woodside, unions remain at odds over wages at Australia's largest LNG facility

Woodside Energy said "positive progress" was being made on wage disputes at Australia's largest LNG facility even as a union alliance said key differences remained ahead of further talks.

Russian piped gas exports to Europe up 4.5% in August

Pipeline natural gas exports to Europe by Russia's Gazprom rose 4.5% in the first half of August from July's average, remaining at the maximum levels of this year, according to calculations based on volumes supplied via Ukraine and TurkStream.

U.S. natural gas pipeline exports to Mexico set a monthly high in June 2023

U.S. natural gas pipeline exports to Mexico averaged a record 6.8 billion cubic feet per day (Bcf/d) for June 2023, which is 0.1 Bcf/d greater than the previous record set in June 2021.

Turkmenistan rebukes Russia over 'gas union' comments

Turkmenistan warned Russia against trying to extend its influence over the Central Asia-China natural gas supply chain after Moscow said more countries could join its "gas union" with Kazakhstan and Uzbekistan.

U.S. natural gas futures rise as heat wave lingers

U.S. natural gas futures rose as hotter-than-normal weather kept cooling demand high, with consumption set to rise further into next week.

U.S. appeals court rejects challenge to Mountain Valley pipeline

A U.S. appeals court rejected a challenge to federal approvals for the Mountain Valley Pipeline, in a decision that likely ends legal fights over the construction of the $6.6 billion natural gas project led by Equitrans Midstream.

Indonesia's long-delayed major gas projects

A recent ownership shakeup at two major Indonesian gas projects has injected renewed hope in the country's upstream gas sector, as the country hopes to tap into its rich hydrocarbon resources amid global energy transition, but barriers remain.

Asian LNG spot prices inch up as market eyes Australian strikes

Asian spot LNG prices inched up this week as the prospect of possible industrial action at Australian LNG facilities sparked fears it would fuel competition between Asian and European buyers for cargoes.

U.S. natural gas falls 5% on bigger storage build, drop in European prices

U.S. natural gas futures fell more than 5% on a slightly bigger-than-expected weekly storage build and a pullback in European gas prices.

Pavilion Energy, CNOOC complete first bunker delivery to LNG-powered VLCC

Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first LNG ship-to-ship bunker operation for a very large crude carrier at China's Guangzhou port.

German gas storage operators seek supply boost until 2026/27

Germany must boost gas supply security in the coming four winters after it was cut off from Russian pipeline exports last year, gas storage operators group INES said.

ADNOC Gas awards $3.6-B contract to expand UAE gas processing

State oil giant Abu Dhabi National Oil Company's gas unit, ADNOC Gas, said it awarded a $3.6-B contract to expand its gas processing infrastructure in the United Arab Emirates.

Dana Gas receives $80 MM from Iraq's Kurdistan region

United Arab Emirates energy firm Dana Gas said it had received $80 MM from the Kurdistan Regional Government in Iraq, which for over a decade has sometimes struggled to make payments on time.

Defying war risk, European traders store gas in Ukraine

European gas traders have begun storing natural gas in Ukraine to take advantage of lower prices and available capacity there, regardless of the risks from the ongoing war, three traders and company officials said.

Norway approves connection of Western Europe's largest LNG plant to grid

Norway has approved a plan to connect Equinor's Hammerfest LNG plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition.

Suez Canal tugboat sinks after collision with LPG tanker

A Suez Canal tugboat sank and one of its crew was missing after it collided with a Hong Kong-flagged LPG tanker though shipping traffic in the strategically important waterway was largely unaffected, the canal authority said.

U.S. natural gas prices up 1% on hot forecasts, strong air conditioning demand

U.S. natural gas futures edged up about 1% on Friday on forecasts for the weather to remain hotter than normal through mid-August, keeping air conditioning demand extremely high, especially in Texas.

U.S. natural gas exports to Mexico hit monthly record in June- EIA

U.S. natural gas pipeline exports to Mexico averaged around a record of 6.8 bcfd in June, driven by hot weather which increased demand in Mexico's electric power sector, according to the Energy information Administration.

Nigeria's Tinubu hails significant new gas-fired power plant

Nigeria began construction of a 1,350 megawatt gas-fired power plant near its capital Abuja, the first major project under President Bola Tinubu, who promised to improve erratic electricity supply and spur sluggish economic growth

Asian LNG spot prices ease slightly as demand remains tepid

Asian spot LNG prices fell slightly this week, as demand in the region remained weak.

Nigeria turns to natural gas for fuel as petrol prices rise after subsidy removal

Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol that has seen pump prices rise sharply, angering motorists and businesses that use petrol to generate their own power.

ConocoPhillips signs 20-year LNG supply deals with Mexico Pacific

ConocoPhillips has signed 20-year deals to receive a collective 2.2 million tons of LNG a year from Mexico Pacific's Saguaro export facility, the U.S. oil and gas producer said.