economics
Australia's Woodside Energy signs 15-yr LNG supply deal with Malaysia's Petronas
Australia's Woodside Energy has entered an agreement with a unit of Malaysian state-owned oil and gas firm Petronas to supply liquefied natural gas (LNG) to Malaysia starting 2028.
Golden Gas announces open season for Joy Station Storage Project in Kansas (U.S.)
Golden Gas Service Co. has launched a non-binding open season to solicit market interest for up to 2.4 Bft3 of firm natural gas storage service at its planned Joy Station Natural Gas Storage Project, a new intrastate high-deliverability salt cavern facility to be located in Kiowa County, Kansas (U.S.).
Japan's JERA agrees to buy US LNG to rebalance supply portfolio away from Australia
JERA, Japan's biggest power generator, has agreed to new supply deals for U.S. LNG from four projects to diversify its global portfolio away from its reliance on Australia. JERA plans to buy up to 5.5 MMtpy of U.S. LNG under 20-year contracts, with deliveries starting around 2030. That total includes some previously reported deals as well as newly announced agreements.
U.S. natgas prices climb 3% to 1-week high on forecasts for hotter weather, more cooling demand
U.S. natural gas futures climbed about 3% to a one-week high on Monday on forecasts for hotter weather and higher cooling demand over the next two weeks than previously expected, which should boost the amount of gas electric generators burn to produce power as homes and businesses crank up air conditioners.
ADNOC leads $18.7-B proposal to buy Australia's Santos in LNG push
Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7-B takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which wants to grow a global gas business.
Egypt halts fertilizer production as Israeli gas disruptions deepen energy strain
Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources said. They said major Israeli gas fields had suspended operations following Israel's military strikes against Iranian nuclear facilities and missile factories.
Egypt agrees to buy up to 160 LNG cargoes through 2026
Egypt has reached agreements with several energy firms and trading houses to buy 150–160 cargoes of liquefied natural gas (LNG), as it ramps up purchases to meet power demands despite strained government finances.
Rising Asia temperatures bode well for U.S. LNG export prospects
U.S. exports of LNG are already at record highs so far in 2025, but forecasts for above-average temperatures across key Asian import markets could lift them even higher this summer.
U.S. natgas prices drop 5% to 1-week low on rising output, lower gas flows to LNG export plants
U.S. natural gas futures fell about 5% to a one-week low on Monday on an increase in output in recent days and a drop in the amount of gas flowing to liquefied natural gas (LNG) export plants due to ongoing spring maintenance at several facilities.
U.S. natgas prices ease on big storage build, low flows to LNG export plants
U.S. natural gas futures ease about 1% on Thursday on a bigger-than-expected storage build and low gas flows to liquefied natural gas (LNG) export plants over the past month or so.
EnviTec Biogas announces commissioning of first EnviThan plant in Slovakia
After 18 years in the Eastern European market, the team at the Czech Service subsidiary of EnviTec Biogas AG is proud to announce the completion of the first gas upgrading plant in Slovakia.
Ameresco generates > $70 MM from sale of RNG-related investment tax credits
Ameresco Inc., a leading energy solutions provider dedicated to helping customers navigate the energy transition, has announced the successful sale of approximately $71 MM in investment tax credits (ITCs) generated from three of its landfill-gas-to-renewable natural gas (RNG) projects.
U.S. LNG exports declines in May from April's record
U.S. liquefied natural gas (LNG) exports fell in May due to plant outages and maintenance at the country's largest export facility.
U.S. ethane exports to China hit new roadblock with license requirement
Chinese purchases of U.S. ethane, a key petrochemical feedstock, face fresh uncertainty after the U.S. Commerce Department told exporters to seek licenses to export to China
Edison confident of positive outcome in Venture Global LNG arbitration
Italian utility Edison is confident of a positive outcome in an arbitration involving U.S. liquefied natural gas (LNG) supplier Venture Global, which is expected by the end of the year.
U.S. natgas prices climb 2% to 2-week high on lower output, higher demand forecasts
U.S. natural gas futures climbed about 2% to a two-week high on Wednesday on a drop in output, forecasts for more demand next week than previously expected and an outlook calling for hotter-than-normal weather this summer that should boost the amount of gas power generators burn to keep air conditioners humming.
Glenfarne partners with Worley on final engineering for 807-mi Alaska LNG pipeline
Glenfarne Alaska LNG has selected Worley to undertake additional engineering and prepare a final cost estimate for the Alaska LNG Pipeline in sufficient detail to achieve final investment decision (FID) for the pipeline.
Ukraine hopes to import gas via Trans-Balkan pipeline at lower transit fee
Ukraine's energy regulator has approved a gas import mechanism that will avoid high transit fees when supplying gas through the Trans-Balkan pipeline from Greece to Ukraine.
South Africa proposes buying U.S. LNG as it seeks trade deal
South Africa has offered to buy liquefied natural gas (LNG) from the United States over a 10-year period as part of proposals to secure a trade deal.
Soft China dampens Asia LNG demand while Europe's imports ease
Asia's imports of liquefied natural gas (LNG) stagnated in May while Europe's continued to ease as demand in both of the world's top-importing regions entered the seasonal slump between winter and summer peaks.
Australia Pacific LNG price cut for Sinopec to hit Origin profit
Australia Pacific LNG has agreed to cut the liquefied natural gas (LNG) price on sales to China's Sinopec for the remaining 10 years on their contract.
Shell expects more LNG exporters to turn into net importers, drive demand
Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects.
U.S. pipeline firms wrestle buy/build conundrum as Trump pushes energy expansion
President Donald Trump's pro-energy policies were meant to speed the construction of the United States' next generation of energy infrastructure, but many oil and gas pipeline operators would still rather buy than build their way to expansion due to a host of factors impeding large projects.
ADNOC’s suppliers commit to invest AED3 billion in manufacturing facilities across UAE
ADNOC announced today that its partners across its supply chain commit to invest AED3 billion (B) ($817 MM) in manufacturing facilities across the UAE.
Guangdong Pearl River agrees to LNG purchase deal with ConocoPhillips
Guangdong Pearl River Investment Management Group said on Wednesday it has signed a 15-year sales and purchase agreement to buy liquefied natural gas (LNG) from ConocoPhillips.
U.S. says there are significant undiscovered oil and gas resources in Wyoming
A new federal assessment has identified significant undiscovered, technically recoverable oil and gas resources in parts of Wyoming, Utah and Colorado, the U.S. Interior Department said on Wednesday.
U.S. lifts ban on New York offshore wind project after natgas pipe compromise
The Trump administration has lifted a month-old stop-work order on Empire Wind, a $5-B wind farm project off the coast of New York, in a compromise with the state that could also see cancelled plans for a gas pipeline revived
Europe gas: Prices rise on tighter supply
Dutch and British wholesale gas prices rose on Tuesday morning due to maintenance outages and tight supply.
UAE to up value of U.S. energy investments to $440 B by 2035
The United Arab Emirates plans to raise its energy investments in the United States to $440 B in the next decade, it said on Friday, boosting U.S. President Donald Trump's efforts to secure major business deals on a Gulf tour.
U.S. LNG exporters push forward new projects despite trade war uncertainty
Woodside Energy's decision last month to proceed with its Louisiana LNG export facility was the first of > 90 MM tonnes (t) of new LNG shipping capacity U.S. companies plan to approve this year despite uncertainty about President Donald Trump's trade war.
- Three killed, two injured in accident at LNG construction site in Texas (U.S.)
- U.S. ethane exports to China hit new roadblock with license requirement
- Glencore to offtake 2 MMtpy of LNG from Commonwealth LNG's export facility in Cameron Parish, Louisiana
- Woodside approves $17.5-B U.S. LNG project, targets 2029 start
- Germany's Wilhelmshaven LNG terminal closed for repair work
