natural gas

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.

The Gas Vitality LNG bunker vessel completes her 100th LNG bunker operation in Marseille, France

The Gas Vitality LNG bunker vessel celebrated the onset of the New Year by successfully conducting her 100th bunkering operation.

Gas exporting group sees tight global LNG markets until 2026

The Gas Exporting Countries Forum sees tight global LNG markets until 2026 as demand rises 1.5% this year and up to 22% through 2050.

Germany set for gas power plant expansion deal this week

German stakeholders are set to agree a deal on a much-anticipated roadmap for the construction of several new gas-fired power plants this week.

Australia secures new gas deals for east coast energy markets

The Australian government said it had reached new gas supply deals for its east coast energy market, easing some concerns over long-term supply gaps as the country moves rapidly away from its dependence on coal-fired power stations.

TotalEnergies says Danish Tyra gas field ready to start in March

TotalEnergies will restart production at Denmark's Tyra natural gas field in March this year.

Signing of a MoU for the participation of Slovakia, Moldova, and Ukraine in the Vertical Corridor initiative

An important step towards the security of supply for Central, Southeastern Europe, Moldova and Ukraine was taken by the natural gas infrastructure Operators participating in the Vertical Corridor initiative, with the signing of a MoU for the inclusion of Slovakia, Moldova and Ukraine in the initiative.

U.S. LNG feedgas cut by Arctic freeze, problems at Freeport LNG

The amount of natural gas flowing to U.S. LNG export plants dropped to a one-year low this week as an Arctic freeze caused some energy firms to divert fuel to the domestic market and Freeport LNG's facility in Texas experienced mechanical problems.

Asia spot LNG prices slip below $10 MMBtu despite Red Sea tensions

Asian spot LNG prices dipped below $10 per MMBtu for the first time in nearly eight months, as ample inventories and mild weather outweighed geopolitical tensions in the Red Sea.

U.S. natural gas prices fall 6% on small storage decline, warmer forecasts

U.S. natural gas futures fell about 6% to a two-week low on a smaller-than-expected storage withdrawal and forecasts for demand to drop and output to rise with the weather turning warmer than normal in late January.

U.S. Secretary of State Blinken urges Bosnia MPs to push through law to build gas pipeline with Croatia

U.S. Secretary of State Antony Blinken has urged Bosnian Croat lawmakers to stop holding up legislation to build a natural gas pipeline with Croatia, seen as an alternative to Russian gas.

British Columbia boosts power plan but electrifying LNG proving big challenge

British Columbia boosted its $26.7-B plan to expand its grid over the next decade, but Canada's Pacific Coast province will still fall short of supplying the biggest LNG projects with hydropower needed to avoid generating high emissions.

Biden administration taking heat from all sides over Louisiana LNG project

The Biden administration faces mounting pressure over whether to approve a massive new Louisiana LNG export project, with environmentalists saying the facility would undermine U.S. climate goals and business interests arguing it is essential for global energy security.

Qatar set to sign cheaper long-term LNG deal with India

Qatar Energy within weeks could sign a long-term deal to provide LNG to Indian buyers on cheaper and more flexible terms than existing contracts as India seeks to meet a goal to increase the fuel's use.

U.S. LNG shipments disrupted by cold snap

Disruptions to scheduled exports of U.S. LNG at export plants in Louisiana and Texas tightened some supply temporarily as the U.S. contends with an Arctic blast.

Ukraine's Naftogaz to pitch gas storage deals for German traders in March

Ukraine's biggest oil and gas firm Naftogaz aims to strike new deals with foreign traders to boost the amount of natural gas stored in underground facilities in Ukraine.

INEOS polymer used to create world’s first sustainable gas pipeline

INEOS produced bio-based high-density polyethylene has been used to create the world’s first fully sustainable gas pipeline. Installed by French gas utility network operator, GRDF, the pipeline only uses the low carbon footprint polymer.

Bangladesh's Summit to supply 1.5 MMt LNG to Petrobangla from Oct 2026

Bangladesh's Summit Group has signed a preliminary pact to supply 1.5 MMt of LNG per year to state-run Petrobangla for 15 years, starting from October 2026, its chairman.

Gas, LNG prices to remain relatively weak in 2024 amid subdued demand

Global prices of gas and LNG are expected to remain relatively weak in 2024, with demand subdued due to high storage levels in Europe and Asia and a mild Northern Hemisphere winter.