Regions

Iran to receive 300 MMm3d of Russian gas

Iran will receive 300 MMm3d (millions of cubic meters per day) of Russian gas. Russian energy giant Gazprom signed a memorandum in June with the National Iranian Gas Company to supply Russian pipeline gas to Iran.

Air Products to build, own and operate two new ASUs at its Georgia, North Carolina facilities

Air Products, a world-leading industrial gases company, has announced two projects to enhance the sustainability, productivity and operational flexibility of its base industrial gas business, as well as continuing commitment to the merchant industrial gas market.

Tribunal rejects TC Energy's $15-B claim for Keystone XL

Canada's TC Energy said on Tuesday a free trade arbitration tribunal had tossed out its claim to recover more than $15 B from the U.S. government for the cancellation of its Keystone XL project.

FERC ordered to review Louisiana (U.S.) LNG project's emissions impact

A U.S. court has ordered federal regulators to reassess the impact of greenhouse gas (GHG) emissions from Commonwealth LNG's Louisiana liquefied natural gas (LNG) project, potentially slowing full approvals for the venture.

Bolivia govt. announces natural gas "mega field" in biggest discovery since 2005

Bolivian President Luis Arce has announced the discovery of a 1.7-Tft3 natural gas reserve located north of the country's administrative capital, La Paz.

Russian pipeline gas exports to EU up 24% y/y in January–June

Russian natural gas exports via pipelines to the European Union countries have jumped by 24% in the first half of the year from the same period in 2023.

Russia's Arctic LNG 2 gas output slashed in May

Russia's sanctions-hit Arctic LNG 2 project, which started production in December but has yet to begin exports, slashed its natural gas output in May.

Freeport LNG in Texas to restart one train this week after Hurricane Beryl

Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.

Mexico–U.S. energy trade value fell in 2023 on lower fuel prices

The value of all energy trade between the U.S. and Mexico decreased almost 15% from $77.8 B in 2022 to $66.5 B in 2023, adjusted for inflation.

WhiteWater's ADCC Pipeline in South Texas begins transporting natural gas

The ADCC Pipeline entered commercial service on July 1, 2024, and is capable of providing approximately 1.7 B ft3d of natural gas transportation capacity to the Cheniere Corpus Christi Liquefaction facility from markets on Whistler Pipeline's Agua Dulce Header in South Texas.

Europe gas: Prices edge lower on strong wind power output

Dutch and British gas prices edged lower on Monday morning as expectations of strong output from wind farms curbed gas demand from gas-fired power plants.

Singapore's 1H 2024 bunker sales rise on year but June sees a monthly decline

Sales of marine bunker fuel at Singapore climbed 8.5% in 1H 2024, official data showed on Monday, as shipping disruptions in the Red Sea boosted global bunkering demand, though demand slowed month-on-month in June.

SNAM making progress on Ravenna FLNG project (Italy)

Works are proceeding according to schedule on Ravenna's offshore regasifier, which will land 8.5 km from Punta Marina at the end of the year, and become operational in the first quarter of 2025.

Shell's bet on gas boom takes shape with string of deals

Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.

U.S. power generators burn record amounts of natgas on hottest day of summer to date

U.S. power generators burned a record amount of natural gas on Tuesday, the hottest day so far of this summer.

bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth

bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.

Japan builds gas markets in Asia to boost LNG trading, energy security

Japanese companies—foreseeing a growing surplus in stocks of liquefied natural gas (LNG) as their demand for the fuel wanes in coming years—are scrambling to invest in regional markets to provide potential outlets to sell the gas.

~1 MM in Texas without power, Freeport LNG to restart after Beryl

~1 MM homes and businesses in Texas remained without power on Thursday, four days after Hurricane Beryl lashed the state with fierce winds and flooding, sparking frustration among companies, officials and residents who were facing extreme heat.

Global LNG trade increased more than 1.6 Bcf/d in 2023

LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).

Engie to partner with Macquarie in Mexican pipeline project

French energy company Engie has agreed to partner with Australian infrastructure investor Macquarie Asset Management to expand the Mayakan natural gas pipeline in Mexico.

Fluor JV closer to completion, startup of LNG Canada Train One

Fluor Corp. has completed the final weld on the first production train at the LNG Canada project in Kitimat, British Columbia, Canada. This marks a pivotal moment in the construction of one of the largest energy projects in Canadian history.

EIA: US natgas output to decline in 2024, while demand rises to record high

U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO).

ANGI expands its biomethane business into Europe

ANGI Energy Systems, a Vontier business and a leading provider of sustainable biogas and biomethane compression and decompression solutions, is expanding into Europe.

Russia boosts LPG rail exports to China by almost a third in H1

Russia cranked up liquefied petroleum gas (LPG) exports to China via rail by almost a third in the first half of the year to 133,000 metric tons (t).

Shell, TotalEnergies, bp, Mitsui & Co. take 10% stakes in ADNOC's Ruwais LNG project

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with the heads of global energy companies to exchange views on the future of the energy sector and the UAE's commitment to ensuring a sustainable future through the adoption and implementation of latest innovations, as well as the pursuit of international collaboration.

Austria appoints commission to try to ditch Russian gas contract

Austria's energy minister has appointed a commission of experts to examine whether Austria can scrap a gas-supply contract between OMV and Gazprom to reduce its dependence on Russia.

U.S. federal regulators uphold 3-yr extension for Tellurian to build Driftwood LNG plant

U.S federal regulators upheld on Tuesday an earlier decision to allow liquefied natural gas (LNG) developer Tellurian a 3-yr extension to construct its Driftwood LNG plant on the west bank of the Calcasieu river, near Lake Charles, Louisiana.

Energy trader MET Group signs 10-yr U.S. LNG supply deal with Shell

Switzerland-based energy trader MET Group has struck a 10-yr deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis.

Shell awards Wood major engineering contract for world’s largest floating offshore gas facility

Wood, a global leader in consulting and engineering, has secured a six-year contract to provide brownfield engineering, procurement and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) facility in Western Australia.

Shell boosts LNG business with Manatee FID in Trinidad and Tobago

Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell Plc., has taken a final investment decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.