natural gas
The U.S. exported a record volume of natural gas in 2023
The U.S. exported 10% more natural gas in 2023 than in 2022, a record of 20.9 Bcfd, according to the U.S. EIA's Natural Gas Monthly. U.S. LNG exports accounted for more than half of all U.S. natural gas exports, and natural gas exports by pipeline to Canada and Mexico accounted for the remainder.
Oklahoma (U.S.) sues two companies over alleged natural gas price manipulation
Oklahoma (U.S.) has sued two energy companies, accusing them of manipulating natural gas prices during Winter Storm Uri in 2021, according to a press release from the state attorney general's office.
Asia spot LNG at 3-month peak on steady demand, supply disruption
Asian spot LNG prices edged up, reaching the highest levels in three months, as they remained supported by steady demand and supply disruption concerns.
U.S. natgas prices ease 1% to 2-week low on lower demand forecasts
U.S. natural gas futures eased about 1% to a two-week low on worries about an oversupply of gas in storage and forecasts for lower demand over the next two weeks than previously expected due to a drop in feedgas to the Freeport LNG export plant in Texas (U.S.).
EU Parliament approves legal option to block Russian LNG imports
The European Parliament voted to pass rules allowing European governments to ban Russian LNG imports, by preventing Russian firms from booking gas infrastructure capacity.
U.S. natgas prices fall 5% on big storage build, low feedgas to Freeport LNG
U.S. natural gas futures dropped about 5% on a bigger-than-expected storage build and forecasts for lower demand over the next two weeks than previously expected due to a drop in feedgas to the Freeport LNG export plant in Texas.
Galveston LNG Bunker Port advances with construction permit application
Galveston LNG Bunker Port, LLC, formed as a partnership between Pilot LNG and Seapath Group, has taken a significant step forward in its plans to establish the GLBP small-scale natural gas liquefaction facility on Shoal Point in Texas City, Texas.
Mild winter weather may lead to persistently high natural gas inventories through 2025
The surplus to the five-year average grew over winter 2023–24 because of mild weather, low natural gas consumption, and high natural gas production. In our April Short-Term Energy Outlook, the U.S. EIA expects natural gas inventories to remain relatively high and natural gas spot prices to remain relatively low through 2025.
APA curtailed natural gas production in Q1 amid weak prices
U.S. oil and gas producer APA Corp said that it had curtailed natural gas production in the first quarter due to weak prices.
Germany's Mukran LNG terminal receives operating permit
Germany's Baltic Sea import terminal for LNG at Mukran on Ruegen island has received its operating permit under federal and state laws.
U.S. natgas flows to Texas Freeport LNG export plant rises
The amount of natural gas flowing to Freeport LNG's LNG export plant in Texas was on track to rise for a second day in a row, according to data from financial firm LSEG.
Chevron hands Myanmar gas field stake to junta, Thailand's PTTEP
U.S. energy company Chevron has quit the Yadana natural gas field in Myanmar, a spokesperson said, more than two years after it condemned violence and human rights abuses there and announced it would leave.
TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
French oil and gas giant TotalEnergies said a planned new LNG project in Papua New Guinea would require 'more work' before a final investment decision could be reached.
Hapag-Lloyd receives largest LBM bunkering from STX Group and Titan Clean Fuels
STX Group and Titan Clean Fuels announced having successfully concluded a ship-to-ship bunkering of 2,200 metric tons of LBM to a Hapag-Lloyd container vessel in the port of Rotterdam.
bp in talks to sell some Trinidad upstream gas assets to Perenco
bp is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco.
Mabanaft announces successful acquisition of WESTFA Energy GmbH
Mabanaft announced that it has successfully completed the strategic acquisition of WESTFA Energy GmbH, including all its subsidiaries and shareholdings, following the earlier announcement of signing an agreement in December 2023 to purchase the business from Adeleon Familienholding GmbH, formerly WESTFA Holding GmbH.
Shell sees significantly lower Q1 LNG trading results
Shell said it expects significantly lower results from its LNG trading business in the first quarter of 2024 compared with the previous three months.
Asia spot LNG holds at 6-week top amid sustained demand
Asian spot LNG was unchanged this week, keeping at a six-week high over $9 per MMBtu for a third consecutive week, as demand from buyers continued shoring up prices.
Shell, Aramco in final stage of Pavilion Energy talks
Shell and Saudi Aramco, which are competing to buy the assets of Temasek-owned LNG trading firm Pavilion Energy, are now locked in price negotiations after completing the due diligence process,.
Enbridge wins approval to commence service on Louisiana (U.S.) Venice natgas pipe project
Canadian energy company Enbridge’s Texas Eastern Transmission subsidiary received approval from U.S. energy regulators to commence service of a natural gas pipeline associated with its Venice extension project in Louisiana.
Pembina Pipeline enters LNG offtake agreement with ARC Resources
Pembina Pipeline said it has entered into an agreement with Canadian firm ARC Resources, which will deliver about 200 MMcf per day of natural gas for liquefication to the Cedar LNG project.
Japan's Mitsui OSK starts FSRU operations for Indonesian gas-fired power plant
Japan's Mitsui O.S.K. Lines Ltd. has started commercial operations of its FSRU to supply LNG to a power plant in West Java, Indonesia.
Baker Hughes to supply electric-driven liquefaction technology for Cedar LNG project
Baker Hughes, an energy technology company, announced it was awarded an order from Black & Veatch, a global engineering, construction and consulting leader, to supply Cedar LNG in Canada with electric driven liquefaction technologies.
VTTI to control Italy's biggest LNG terminal, Snam to get 30%
Energy storage group VTTI will get a 70% stake in Italy's biggest LNG terminal, with grid operator Snam owning the rest, the Milan-listed group said late on Wednesday, announcing a deal to be finalized by year-end.
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.

- ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure
- U.S. Department of the Treasury releases final rules for clean hydrogen production tax credit
- Nicor Gas celebrates its first renewable natural gas interconnection
- EnviTec Biogas looks to expand biogas production into the U.S.
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location