economics
ITT completes acquisition of SPX FLOW
In December 2025, ITT announced it had entered into a definitive agreement to purchase SPX FLOW for a total consideration of $4.775 B, funded through a combination of cash and equity.
Austria plans to deepen cooperation with Abu Dhabi, minister says
Austria has had to radically overhaul its energy supply after depending for many years on Russian gas, and ended direct imports from Russia at the end of 2024.
European gas prices soar as Qatar halts LNG production
Qatar, soon to cement its role as the world’s second largest LNG exporter after the United States, plays a major role in balancing both Asian and European markets' demand of LNG.
Cheniere lifts buyback plan to > $10 B as profit surges on strong LNG demand
The U.S. is the world's largest LNG exporter and had shipped 15 Bft3d of the supercooled fuel last year, according to the U.S. Energy Information Administration (EIA), up 26% from 2024.
A decade after first Sabine Pass cargo, U.S. LNG exports continues to rise
Ten years ago, on February 24, 2016, the first liquefied natural gas (LNG) cargo from the Sabine Pass Terminal was exported from the United States, marking the beginning of a new era in U.S. LNG exports. Today, the United States is the world’s largest LNG exporter, ahead of both Australia and Qatar...
Sarawak files petition in Malaysia's top court challenging three federal petroleum laws
In 2024, Sarawak set up its own firm, known as Petros, to procure, distribute, supply and sell all natural gas produced in the state, putting it in conflict with Petronas, the energy firm owned by the national government.
U.S. LNG export surge and soft China demand meet record European imports
The absence of China in spot LNG markets has allowed Europe to increase imports to meet winter demand, with Kpler forecasting record arrivals of 14.20 MMt in February.
U.S. natgas prices climb as winter storm batters U.S. Northeast, LNG export flows near record
U.S. natural gas futures rose about 1% to a one-week high on Monday on near-record LNG export flows and forecasts for more demand than previously expected over the next two weeks as another winter storm buries the U.S. Northeast in snow.
Booming LNG exports may get dragged into U.S. cost-of-living debate
U.S. exporters of LNG consumed more natural gas than both households and commercial businesses last year, tightening U.S. gas supplies and putting the LNG export boom squarely in the frame of discussions surrounding rising U.S. energy costs.
U.S. demands on Europe in the field of energy
This week U.S. Energy Secretary Chris Wright gave the Paris-based International Energy Agency a one-year deadline to abandon its support of goals to reduce planet-warming gas emissions to "net zero" by 2050 or risk losing the United States as a member.
Spain's Naturgy eyes potential ‘force majeure’ with Yamal on impact of EU's Russian gas ban
The Spanish power utility entered into a long-term contract with Yamal in 2013 to import around 3 Bm3y of Russian LNG.
Australian gas producer Santos wins court fight over net-zero claims
The lawsuit was launched in 2021 by the Australasian Centre for Corporate Responsibility, an activist shareholder, which said it was the first case of its kind in any country to challenge the validity of a company’s net-zero emissions target.
Japan's oil and gas independence climbs to highest since 2009
The rise to the highest since 2009 is attributed to progress in energy development projects involving Japanese firms and a decline in oil and gas imports.
Petronet CEO: India will buy US LNG if offered at reasonable price
U.S. President Donald Trump last week said he will slash tariffs on imported Indian goods to 18% from 50%, easing concerns in India, but in exchange asked New Delhi to more than double its annual imports from the United States.
U.S. natural gas futures climb as LNG exports approach record levels
• Gas futures rise despite warmer weather forecasts • Waha Hub prices remain negative due to pipeline constraints • U.S. LNG exports increase to near-record levels
U.S. natural gas futures climb 3% on LNG exports and storage drop
U.S. natural gas futures climbed about 3% to a one-week high on Friday on rising flows to liquefied natural gas (LNG) export plants, forecasts for more demand next week than previously expected, and a drop in the amount of gas in storage after last week's record withdrawal during an Arctic freeze.
Germany's Uniper downplays increasing reliance on U.S. LNG, stresses diversification
U.S. LNG imports by the European Union have risen more than four-fold from 2021 levels to nearly 60 MMt in 2025.
Morocco's finance ministry vetoes gas pipeline tender
Launched last month by the energy ministry, the pipeline tender was part of efforts to facilitate the import of gas and transition away from coal, but was vetoed due to what the finance ministry saw as procedural breaches, fiscal risks and uncertainty over a new gas law.
QatarEnergy secures long-term LNG supply deal with Japan's JERA as demand surges
The agreement, made on the sidelines of the LNG2026 conference in Doha, would bolster QatarEnergy's position in Japan as competition intensifies from U.S. suppliers and Gulf rivals United Arab Emirates and Oman, which offer more flexible terms.
U.S. share of Europe's LNG imports increased to 60% in January
The 60% share was an increase from both last month and January 2025, when the U.S. supplied 53% of EU imports.
EU's Russian gas import ban legally sound, will end 'blackmail', Energy Commissioner says
European Union countries last week approved a law banning Russian gas imports by late 2027.
Rising oil, gas and LNG demand draws global traders to India
As consumption growth slows in most major economies, trading firm executives told the India Energy Week conference that they see opportunities across crude, refined fuels and liquefied natural gas (LNG).
U.S. LNG plants imported cargoes during winter storm as natural gas prices hit records
bp and Shell, which together own 90% of Trinidad and Tobago's flagship Atlantic LNG plant, brought gas from Trinidad to U.S. plants amid the freeze, LSEG data showed.
Three firms vie for Indian gas firm GAIL's tender to buy into U.S. LNG project
India's largest gas distributor invited initial bids from companies as it seeks to buy equity in an existing LNG liquefaction project or a new project that would be commissioned by 2030 at the latest.
Europe's gas storage is draining, but prices reflect no urgency
Replenishing underground storage has become a central feature of Europe's gas market - and by extension, the international liquefied natural gas (LNG) market - ever since Russian pipeline flows collapsed following Moscow’s invasion of Ukraine nearly four years ago.
IEEFA launches LNG export tracker focused on North America
The just-launched North American LNG Export Tracker from the Institute for Energy Economics and Financial Analysis (IEEFA) visually tells the story of the LNG boom across the continent, export destinations and the impact on consumers.
India's LNG demand set to grow across industries—if prices cooperate
India is the world's fourth-largest buyer of LNG and is seeking to raise the share of gas in its energy mix to 15% by 2030 from the present 6.2%.
Opinion: Europe's offshore wind pact is a hedge against U.S. gas reliance
At the North Sea Summit on Monday, ministers from Britain, Belgium, Denmark, France, Germany, Iceland, Ireland, Luxembourg, the Netherlands and Norway signed an agreement to develop 100 gigawatts (GW) of offshore wind capacity in shared economic waters.
JERA signs winter LNG supply agreement with Woodside
JERA Co., Inc., Japan’s largest power generation company and leading global LNG player, announced today that it has signed a sale and purchase agreement (SPA) with Woodside Energy Trading Singapore Pte. Ltd. (Woodside) to secure liquefied natural gas (LNG) supply during Japan’s peak winter demand pe..
Japan's LNG imports fall 1.4% in 2025 to 64.98 million tons
Japan's liquefied natural gas (LNG) imports fell 1.4% in 2025 from a year earlier to 64.98 million metric tons, trailing China's 68.43 million tons, preliminary trade data from the Ministry of Finance showed on Thursday. China's LNG imports dropped to a three-year low in 2025, official data showed...
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- KBR awarded FEED for Coastal Bend LNG project
- Norway pipeline gas export down 2.3% in 2025, seen steady this year
