natural gas
Russia's Novatek may scale back Arctic LNG 2, focus on Murmansk
Russia's Novatek is being forced to scale back its huge Arctic LNG 2 project after Western sanctions curbed its access to ice-class tankers and will focus instead on developing its project at the ice-free port of Murmansk.
U.S. natural gas demand for LNG falls as Cheniere reduces output
There was a significant decline in the amount of U.S. natural gas being liquefied for export with a drop in demand from Cheniere Energy's Corpus Christi plant in Texas and its Sabine Pass operation in Louisiana.
Shell seeks longer U.S. license before sanctioning Venezuela gas project
Oil major Shell is seeking a long-term license from the U.S. before making a final investment decision on the Dragon natural gas project in Venezuela.
Dutch Senate delays Groningen gas field shutdown
The Dutch Senate has postponed a vote on a law to close permanently the Groningen gas field, angering the government that has said production would never resume because of the risk of earthquakes.
Enterprise plans natural gas processing plant to expand Permian operations
Enterprise Products Partners will build a natural gas processing plant in Texas to expand its operations in the Permian Basin.
U.S. ethane production, consumption, and exports set new records again in 2023
U.S. ethane production, consumption, and exports established new record highs in 2023, according to data from EIA's Petroleum Supply Monthly.
Russia's Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers
Novatek, Russia's largest producer of LNG, has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers.
Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
Aramco awarded engineering, procurement and construction contracts worth $7.7 B for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia.
Japan's Mitsubishi invests in EIG's LNG company MidOcean Energy
Japanese trading house Mitsubishi has agreed to invest in MidOcean Energy, an LNG company owned by U.S. investment firm EIG, MidOcean said without giving details of the deal.
U.S. March LNG exports flat as Freeport plant woes continue
U.S. exports of LNG fell slightly in March to 7.61 MMt from 7.73 MMt in February as production of the superchilled gas from the country's second largest exporter remained constrained, preliminary data from financial firm LSEG showed.
Summit Midstream launches open season on natural gas pipeline
Pipeline operator Summit Midstream Partners launched a non-binding open season to gauge interest for services of a natural gas pipeline running from the Delaware Basin in New Mexico and Texas to the Waha hub in West Texas.
China power firm GCL revives LNG ambition after solar spin-off
Privately-run Chinese power company GCL Holdings is rebuilding a natural gas business after offloading hundreds of solar installations to set up gas import capacity and a trading operation.
QatarEnergy to charter 19 new LNG vessels expanding fleet further
QatarEnergy CEO Saad Al Kaabi announced that the company has finalized a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels ahead of a massive expansion in LNG output.
Argentina builds case for exporting natural gas to Brazil through Bolivia
Energy companies from Argentina and Brazil have begun talks on reversing the southerly flow of a Bolivian natural gas pipeline network that connects the three countries as a regional gas deficit could force Brazil to pay up for alternative supplies of the fuel.
Russian pipeline gas exports to Europe rise 4.5% in March m/m
Russian energy giant Gazprom's average daily natural gas supplies to Europe rose 4.5% in March from February levels and by almost 26% from the same month of 2023.
Moldova to buy U.S.-origin LNG from Greece for consumers
Moldova's domestic gas supplier Energocom said it will supply its consumers with test volumes of U.S.-origin LNG for the first time.
Credit Agricole says it will not fund two major LNG projects
Credit Agricole said that it would not provide financing to two major LNG projects, citing commitments to refrain from new fossil fuel developments.
Japan's Mitsui decides to develop Vietnam gas field for $740 MM
Japanese trading house Mitsui & Co said it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 MM.
Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
Japan's biggest power generator JERA said it has suspended production at four of its gas-fired power stations and curtailed output at another plant from to secure sufficient LNG inventory.
Challenges in LNG delivery amidst Russia's energy market stability
Deputy Prime Minister Alexander Novak addresses challenges in LNG delivery, particularly concerning the Arctic LNG 2 project, amidst Russia's stable energy market despite drone attacks and sanctions.
Greece's DEPA files for arbitration over prices in Gazprom deal
Greek gas supplier DEPA Commercial has filed for arbitration to seek a price revision on its gas supply contract with Gazprom.
Western Australia’s domestic gas market in flux as traditional supply sources mature
With gas demand slowly outstripping supply, Western Australia’s once well-supplied domestic gas market is now tight, and further volatility is expected until new volumes come online later in the decade, according to a new report from Wood Mackenzie.
Asia spot LNG maintains six-week high amid emerging demand
Asian spot LNG prices were little moved this week, holding on to a six-week high amid emerging spot demand in both southeast Asia and Europe.
Japan's February LNG imports fall 5.9% on storage withdrawals
Japan's imports of LNG dropped 5.9% in February from a year earlier, data released by the Ministry of Finance showed, as power producers drew LNG from storage and boosted use of renewable energy.
UK's greenhouse gas emissions fell 5.4% in 2023 on lower gas use
Britain's greenhouse gas emissions fell by 5.4% in 2023, government data showed, with less gas used to generate electricity and heat homes.
U.S. natural gas prices climb 2% to 1-week high on higher demand forecasts
U.S. natural gas futures rose about 2% to a one-week high on forecasts for higher demand over the next two weeks than previously expected.
Osaka Gas sees little impact from Freeport LNG's partial shutdown
Japan's Osaka Gas expects to see little impact on its balance of supply and demand for LNG from a partial shutdown of U.S. Freeport LNG's facilities.
IKAV, VTTI buy majority stake in Italy's biggest LNG terminal
Dutch infrastructure group VTTI and German asset manager IKAV have teamed up to buy a majority stake in Italy's biggest LNG terminal.
U.S. natural gas production grew by 4% in 2023, similar to 2022
U.S. natural gas production grew by 4% in 2023, or 5.0 Bcf/d, to average 125.0 Bcf/d, according to the U.S. EIA's Natural Gas Monthly.
Europe’s gas stocks point to healthy supply next winter
The European Union will have plenty of gas in stock next winter and the remaining buyers of Russian pipeline gas in central Europe are working on alternative imports in case transit via Ukraine stops from January.
- Woodfibre LNG receives BCEAO order to move floatel to site to house non-local workforce
- QatarEnergy, Exxon seek to remove contractor from Texas gas project
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Congo Brazzaville becomes an LNG exporting country
- Fulcrum LNG to pair with McDermott, Baker Hughes for Guyana gas project
- EU approves law to hit gas imports with methane emissions limit
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Hawai'i Gas selects Eurus Energy America, Bana Pacific for hydrogen and renewable natural gas projects
- TotalEnergies increases LNG deliveries to Asia with two new contracts
- Desert Mountain Energy Corp. initiates helium production
