natural gas
U.S. pause on LNG exports raises pressure on Canada, BC to do same
U.S. President Joe Biden's decision to pause expansion of American LNG exports has raised pressure from environmental groups on the British Columbia and Canadian governments to do the same, although following suit may be politically difficult.
India's Adani Total Gas posts Q3 profit rise on higher CNG sales
India's Adani Total Gas reported a nearly 18% rise in its third-quarter profit, boosted by strong sales of its CNG.
U.S. natural gas prices drop 8% on contract expiry, Freeport LNG unit outage
U.S. natural gas futures plunged about 8% in light trade ahead of the expiration of the February contract on forecasts that demand for the fuel for heating and export would remain low in coming weeks with mild weather and a unit outage at the Freeport LNG export plant in Texas.
Russia ready to discuss gas supplies with EU as Ukraine transit deal expires
Russia is ready to hold talks with the European Union on natural gas supplies as a transit deal with Ukraine expires at the end of 2024, Russian Deputy Prime Minister Alexander Novak was quoted as saying.
Russia’s planned gas pipeline to China faces construction delay
Mongolian Prime Minister L. Oyun-Erdene said construction of Russia's planned new Power of Siberia-2 gas pipeline to China, which was expected to start this year, may be delayed.
QatarEnergy, Excelerate Energy sign 15-year supply LNG deal
QatarEnergy and U.S.-based Excelerate Energy signed a 15-year agreement to supply 1 MMtpa of LNG to be delivered to Bangladesh for 15 years from January 2026.
Reaction to the U.S. decision to pause LNG export reviews
The U.S. paused approvals of pending and future permits to export LNG to non-Free Trade Agreement countries, the biggest buyers of the U.S. fuel, to allow the Department of Energy to review LNG climate impacts.
Dana Gas resumes operations at Iraqi Kurdistan’s Khor Mor gas field
United Arab Emirates energy firm Dana Gas has resumed the production operations at Iraqi Kurdistan's Khor Mor gas field have been resumed, the company said in a statement.
Companies most affected by U.S. pause on LNG export permits
U.S. President Joe Biden's administration announced a pause on pending and future permits to export LNG to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts.
U.S. natural gas prices ease 1% on warmer weather forecasts, low LNG feedgas
U.S. natural gas futures eased about 1% on forecasts for the weather to remain warmer than normal through at least the middle of February and the slow return of U.S. LNG export plants to full service after last week's Arctic freeze.
Japan's JOGMEC gearing up to support new LNG projects
The Japan Organization for Metals and Energy Security is preparing to give financial assistance to Japanese companies for new LNG projects to ensure a stable supply of the fuel.
Sanctions squeezing Sibur's supply of tankers for Ust-Luga LPG
Russia's largest petrochemical company and exporter of LPG Sibur is reducing LPG exports from the Baltic Sea port of Ust-Luga due to shortages of gas tankers amid sanctions.
Asia spot LNG prices remain flat below $10/mmBtu despite geopolitical risks
Asian spot LNG prices remained below $10 per mmBtu for the second week running, as solid inventories and mild weather continue to outweigh geopolitical risk related to the Red Sea conflict.
LNG developer Tellurian hires investment banker Lazard
LNG developer Tellurian has hired investment banker Lazard Inc amid a search for investors and customers for its Driftwood LNG export terminal.
U.S. to announce climate review of LNG export approvals
The Biden administration is expected to announce that it will begin considering climate impacts in its approvals of new LNG exports, a process that will likely delay decisions on new terminals until after the Nov. 5 presidential election.
U.S. natural gas prices slide 3% on warm forecasts, slow return of LNG feedgas
U.S. natural gas futures slid about 3% on Thursday on forecast for the weather to remain warmer than normal through at least early February and the slow return of U.S. LNG export plants to full service after last week's Arctic freeze.
White House pauses decision on Louisiana LNG export terminal
The Biden administration is delaying a decision on a Louisiana LNG export project that would be the United States' largest, but which has raised the ire of environmentalists.
Canada's Trans Mountain pipeline expansion to start in April
Canada's Trans Mountain Corp will begin adding crude oil to its long-delayed pipeline expansion in February and expects it to start operating in the second quarter.
Germany's SEFE seeks to expand natural gas business beyond Europe
Fresh from clinching a $54.43-B pipeline gas deal in Norway last month, Germany's SEFE is looking for more suppliers to offer LNG for its customers.
Ukraine may stop importing gas, start exporting electricity
Ukraine is close to being self-sufficient in gas for 2024 and may resume electricity exports in the spring.
Kinder Morgan remains bullish on natural gas demand growth
Kinder Morgan said it continues to have a bullish outlook for natural gas demand banking on higher demand from LNG export facilities and increased exports to Mexico.
Petronas seeks fiscal incentives to develop Suriname gas project
Suriname should boost incentives for energy companies looking to develop oil and gas discoveries.
Oilfield firm Baker Hughes beats profit estimates on international demand, LNG bets
U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit, powered by strong demand for its services and equipment from LNG producers, as well as offshore and international markets.
Qatar delays LNG shipments to Europe amid Red Sea conflict
Qatar, one of the world's biggest LNG exporters, is delaying some shipments to Europe as conflict in the Red Sea forces longer travel times.
Japan's 2023 preliminary LNG imports down 8% to lowest in 14 years
Japan's LNG imports fell by 8% to 66.2 MMt last year to the lowest since 2009 following nuclear power restarts and increased use of renewable energy.
Germany's Uniper focused on meeting gas demand to mid-2030s
Uniper will stick to its core gas business as demand for the fuel continues into the middle of the next decade, at the same time as investing in carbon-free energy.
LPG exports from Russian ports to Turkey double in 2023
Supplies of LPG from Russian ports to Turkey doubled in 2023, according to traders and LSEG data, as trade between Moscow and Ankara grows at a brisk pace amid Russia's pivot away from Europe.
U.S. natural gas prices slide 3% to 5-week low on warmer weather forecasts
U.S. natural gas futures slid about 3% to a five-week low on forecasts for demand to keep dropping and output to keep rising as the weather turns warmer than normal through at least early February.
Unclear if Belgium can use EU option to block Russian LNG
It is unclear if Belgium will be able to use the option in an upcoming European Union law to block imports of Russian LNG.
Norway's December gas output hits record, oil beats forecast
Norway's natural gas output rose in December to an all-time high, beating an official forecast, while crude oil production was also above expectations.
- Credit Agricole says it will not fund two major LNG projects
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
