Regions
Russia's oil and gas budget revenues seen down 40% in Nov. m/m
Proceeds from oil and gas sales for Russia's federal budget are likely to be almost 40% lower this month than in October due to cyclical payments of profit-based tax and the restoration of subsidies for refineries.
Capital Power acquires two U.S. LNG-fired power plants for $1.1 B
Capital Power Corp. has entered into two separate definitive agreements with CSG Investments Inc., a subsidiary of Beal Financial Corp.
Oman, BP sign LNG deal
State-owned producer Oman LNG has signed a deal to supply LNG to energy giant BP.
U.S. natural gas prices hold near 7-wk low on record output, ample storage
U.S. natural gas futures held near a 7-wk low on Tuesday on record output that should enable utilities to keep injecting gas into storage for longer than usual through late November.
Altrad Sparrows ventures into Papua New Guinea with ExxonMobil LNG contract
Sparrows Group (Sparrows) has announced a contract win for the provision of comprehensive crane maintenance services to the ExxonMobil PNG LNG (Papa New Guinea liquefied natural gas) project.
EU poised to propose extending energy crisis measures - official
The European Commission wants to extend emergency energy measures passed last year to cope with Europe's gas crisis to guard against future price shocks and quickly build-out renewable energy.
Venezuelan natural gas cooperation could lead to increased LNG and petrochemical exports
Venezuela is working with Shell and the National Gas Co. of Trinidad and Tobago to develop an offshore natural gas field that could boost LNG and petrochemical exports.
GAIL India issues swap tender for 24 LNG cargoes in 2025
GAIL Ltd has issued a swap tender offering 24 LNG cargoes loading out of the United States next year in exchange for 24 other cargoes for delivery to India in 2025.
Cedar LNG finalizes Heads of Agreement with Samsung Heavy Industries and Black & Veatch
The Haisla Nation and Pembina Pipeline Corporation, partners in the development of the proposed Cedar LNG Project, announced the signing of a heads of agreement with Samsung Heavy Industries and Black & Veatch.
Ukraine's Naftogaz finds 'promising' gas deposit in Carpathians
Ukraine's state-owned Naftogaz said its gas subsidiary had discovered a 'promising' new natural gas deposit in the west of the country.
Environmental groups urge funding halt for TotalEnergies' Mozambique LNG project
Banks and other financiers should withdraw their support of TotalEnergies' $20 B LNG terminal in Mozambique, environmental lobby groups urged in a letter sent to more than two dozen project funders.
EU sues Poland over restrictions in cross-border trade of natural gas
The European Commission on Thursday said it is suing Poland over measures imposing additional costs in cross-border trade of natural gas.
Asia spot LNG prices steady amid high stocks, muted demand
Asian spot LNG prices were little changed this week, amid high inventory levels in east Asia which kept demand from the region muted.
Czech CEZ gives up on capacity at planned Polish LNG terminal
Majority state-owned Czech utility CEZ has shelved a plan to secure capacity for LNG at a new Polish terminal because it was unhappy with the conditions offered.
U.S. appeals court scraps Sempra's Port Arthur LNG emissions permit
A U.S. court has removed an emissions permit for Sempra's Port Arthur LNG export terminal in Texas, but the company said construction of the facility will continue for now.
Serbia signs gas supply deal with Azerbaijan
Serbia signed a deal with Azerbaijan to purchase 400 MMm3 of natural gas per year from 2024.
German gas trading hub to sell up to 37 TWh of gas from storage
Germany's gas market trading hub, Trading Hub Europe, is planning to start selling the first volumes of gas stored under a government mandate agreed in 2022, when it was tasked with ensuring sufficient supplies as flows from Russia dwindled.
U.S. denies Repsol's request for Venture Global LNG approvals
The U.S. Department of Energy rejected for a second time oil major Repsol SA's request to reopen regulators' approval of Venture Global LNG's Calcasieu Pass export plant in Louisiana.
North Dakota (U.S.) natgas output hits record high in September, flaring edges up
Natural gas production in North Dakota rose to a record 3.440 bcfd in September from an all-time high of 3.313 bcfd hit in August, while gas flaring also edged up.
Seaside LNG announces new LNG bunkering operation in Galveston, Texas (U.S.)
Seaside LNG and Carnival Corporation & plc have entered into a term bunkering agreement to fuel the first LNG propelled cruise ship to call Galveston, Texas its homeport, the Carnival Jubilee.
Snam to invest $1.1 B in Ravenna offshore LNG terminal
Italian gas grid operator Snam will invest a total of $1.1 B in a new LNG offshore terminal near Ravenna.
TotalEnergies CEO says gas market volatility to remain until new supply arrives
The Chief Executive of French energy giant TotalEnergies said that the LNG market will continue to experience volatility until new supply is available, but prices are reasonable compared to 2022.
Egypt expected to resume LNG exports in December or January
Egypt is expected to resume exports of LNG in December or January as domestic demand declines during winter and as it receives more gas from Israel.
Freeport LNG plant in Texas (U.S.) on track to resume service after shutdown
U.S. LNG company Freeport LNG's export plant in Texas was on track to return to service after all of its liquefaction trains shut.
bp, Edison, Shell ask U.S., EU to intervene in Venture Global LNG dispute
bp, Edison and Shell pressed a U.S.-EU energy group to intervene in a dispute with LNG exporter Venture Global LNG over the U.S. firm's failure to deliver contract supplies of the fuel.
Uptick in LNG demand in Asia, Europe insufficient to drive prices
Rising demand for LNG in the top importing regions of Asia and Europe hasn't been enough to spark an increase in spot prices, which continue to languish.
BKV, EnLink start first carbon capture project in Texas (U.S.)
Energy firms BKV and Enlink Midstream said the first injection of carbon dioxide at a carbon capture and storage facility in Texas was completed ahead of schedule.
LNG export capacity from North America is likely to more than double through 2027
EIA expects North America’s LNG export capacity to expand to 24.3 Bcfd from 11.4 Bcfd today as Mexico and Canada place their first LNG export terminals into service and the United States adds to its existing LNG capacity.
Naturgy gets top Spanish court's nod to mothball gas plants
Spain's Supreme Court on Friday gave power utility Naturgy the green light to temporarily close five gas plants, more than half a decade after it first asked the country's authorities to do so.
Asia spot LNG prices fall amid full inventories, warmer weather
Asian spot LNG prices fell this week as full inventories and warm weather helped mitigate concerns over new U.S. sanctions on Russia's Arctic LNG 2.
- bp ships first cargo from Indonesia’s expanded Tangguh LNG facility
- Saudi Aramco looking at additional investments in LNG
- Venture Global seeks to commence some service at Louisiana Calcasieu LNG plant (U.S.)
- U.S. working with allies over sanctions on Russian Arctic LNG project
- Singapore LNG to develop country's second LNG terminal
