natural gas
U.S. natgas flows to Freeport LNG in Texas rise to 2-mos high
The amount of natural gas flowing to Freeport LNG’s export plant in Texas rose to a two-mos high on Sunday in what energy traders said was another sign that the plant was wrapping up a series of outages over the past month or so.
Sinopec in talks with Pembina for LNG offtake of Cedar LNG project
China's Sinopec is in discussions with Pembina Pipeline Corp for a LNG offtake agreement and equity stake in the $4-B, 3-MMtpy Cedar LNG project in British Columbia, Canada.
Squamish Council rejects Woodfibre LNG's "floatel" amid safety/environmental concerns
The District of Squamish council voted to reject a 1-yr temporary use permit for Woodfibre LNG's use of a renovated cruise ship to house more than 600 workers.
Plug expands cryogenic sales with multiple customer agreements
Plug Power Inc., a global leader in comprehensive hydrogen (H2) solutions for the green H2 economy, has been awarded contracts to supply cryogenic equipment to a multinational industrial gas company and a statewide electric utility company.
Thiozen pilot successfully produces zero-emissions H2 from sour gas waste streams
Thiozen announced the success of an in-field pilot unit in the Permian Basin, the first-ever demonstration of a process to simultaneously de-sour natural gas and produce clean H2 for use by the energy industry.
U.S. stands to lose Canadian natural gas when LNG Canada terminal starts up
The startup of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high.
Water treatment specialist SurfCleaner supplies Norwegian energy giant Equinor
Swedish firm SurfCleaner has delivered a full ATEX SCO 1000 system to Eqinor’s Kårstø processing plant in Nord-Rogaland, the largest of its kind in Europe.
U.S. natgas prices jump 5% on higher demand forecast, lower output
U.S. natural gas futures jumped about 5% on Thursday on a continued drop in output and more demand next week than previously expected is forecasted due to an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants.
Gazprom plunges to first annual loss in 20 yr as trade with Europe hit
Kremlin-owned gas giant Gazprom revealed that it plunged to a net loss of 629 B roubles ($6.9 B) in 2023, its first annual loss in more than 20 yr, amid dwindling gas trade with Europe, once its main sales market.
HPLNG delays commissioning of Chhara LNG import terminal in India
HPLNG delays commissioning of Chhara LNG import terminal in Gujarat, India.
Texas operators turn to flaring amid weak gas prices
Operators drilling for oil in Texas are scrambling to dispose of excess natural gas amid a supply glut and weak prices, prompting a sharp rise in flaring requests.
Ukraine hopes to boost winter gas storage for Europe by 60%
Ukraine hopes to store around 4 Bm3 of gas for foreign companies and traders this winter, up 60% from last year, despite Russian airstrikes on the country's energy infrastructure.
Shell exits China power market businesses, renews focus on natural gas
Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations, including its natural gas and oil businesses.
U.S. natgas flows rise to 3-week high as Texas Freeport pulls in more fuel
The amount of natural gas flowing to the seven U.S. LNG export plants was on track to rise by about 5% to a three-week high as Freeport LNG in Texas started to pull in more feedgas.
Turkey in talks with ExxonMobil over multibillion-dollar LNG deal
Turkey is in talks with U.S. energy giant ExxonMobil over a multi-billion-dollar deal to buy LNG, in an effort to curb its dependence on Russian energy.
bp signs long-term LNG agreement with Korea Gas Corp
bp has entered into a long term LNG sale and purchase agreement with South Korea's state run Korea Gas Corp.
PetroChina profit boosted by stronger gas sales and fuel demand
China's top energy producer PetroChina posted a 4.7% rise in first-quarter net income helped by growth in natural gas and a recovery in fuel demand.
Top Tellurian executives poised for big payday if LNG plant goes ahead
Top executives of U.S. LNG developer Tellurian Inc could earn tens of millions of dollars if its proposed Driftwood LNG plant gets a green light, or if company is sold.
As demand for U.S. LNG booms, one plant struggles to stay online
The second-largest U.S. LNG export facility has been running below 80% of its capacity due to technical problems, data from financial firm LSEG showed, denting U.S. exports.
U.S. natgas drops on lower feedgas to Freeport LNG, storage surplus
U.S. natural gas futures slipped ahead of the expiration of the May contract, weighed down by a drop in feedgas to Freeport LNG's Texas export terminal and a huge surplus of gas in storage.
TotalEnergies chief calls potential EU sanctions on Russian LNG a financial boon
Sanctions on Russian gas from the Yamal LNG project would cause prices to spike and profit global gas sellers including TotalEnergies, chief executive Patrick Pouyanne said, in response to an analyst question about the impact of potential EU sanctions.
Asia spot LNG prices fall for first time in over two months
Asian spot LNG prices dropped slightly for the first time in more than two months this week over expectations of weak demand, amid easing concerns around supply due to tensions in the Middle East.
European Commission expected to propose new sanctions on Russian LNG
The European Commission's next sanctions package is expected to propose restrictions on Russian LNG for the first time, including a ban on trans-shipments in the EU and measures on three Russian LNG projects.
U.S. natgas prices drop 5% on forecasts for less demand
U.S. natural gas futures slipped about 5% on an outlook for reduced heating demand next week and on the eve of a closely watched weekly federal storage report.
DTE Energy misses quarterly profit estimates on natgas unit weakness
Electric and gas utility DTE Energy missed Wall Street estimates for the first-quarter profit, hurt by weakness in its natural gas unit.
Equinor to expand LNG trading, eyes deals in Europe, Asia, senior exec says
Norwegian energy group Equinor plans to expand its LNG trading business and is in talks with a number of potential buyers in Europe and Southeast Asia.
First tanker in 12 days sets sail from Freeport LNG in Texas (U.S.)
The first tanker in 12 days set sail from Freeport LNG's Texas export terminal, signaling the resumption of gas processing after an outage this month.
Rising spot LNG prices starting to bite some Asian buyers
There are early signs that the rise in the spot price for LNG for delivery to Asia to a three-month high is starting to crimp demand from price-sensitive buyers such as India.
Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan
Global natural gas prices will come under pressure through the end of the decade as supply and shipping infrastructure grow rapidly, particularly in Qatar and the U.S., J.P. Morgan said in a report.
Russia does not rule out LNG exports stagnating in next 4 years
Russia's LNG exports could stagnate in the next four years under the two less-rosy of three Economy Ministry scenarios - a sign that Western sanctions might be cramping Moscow's energy plans.
- 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
