economics
US Energy Dept clamps down on LNG export project extensions
The U.S. Department of Energy announced it will change how it approves requests by companies to push back start dates for liquefied natural gas export projects to get a better picture of true demand for the fuel.
Biden EPA to issue power plant rules that lean on carbon capture
The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions as President Joe Biden's administration enacts new rules to help decarbonize the power sector in 12 years.
Delfin to sell LNG to Hartree from proposed Louisiana export plant
U.S. liquefied natural gas company Delfin LNG said on Monday it had signed a binding 20-year sale and purchase agreement with a unit of energy and commodities firm Hartree Partners LP.
NextChem awarded a new advanced basic engineering study by Storengy for the production of 2nd gen biomethane in France
Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a new contract by Storengy to carry out a further advanced basic engineering study for the gasification of the waste wood and the purification system of the syngas to produce biomethane.
Countdown to 26th World Energy Congress begins with release of Global Energy Leaders Survey
The countdown to the 26th World Energy Congress, to be held in Rotterdam from 22-25 April 2024, has begun as the World Energy Council launches event registration and simultaneously releases the results of its latest Pulse Survey.
Woodside's stalled Browse LNG project still 'very attractive'
Woodside Energy Group Ltd's CEO played down concerns over the status of its long-delayed Browse LNG project after the company reported a decline in first-quarter sales revenue relative to the December quarter.
US settles air pollution cases with three natural gas processors
The Biden administration said it had agreed on separate settlements worth about $25 MM in total with three natural gas processors to reduce air pollution across 12 states, including in communities disproportionately hit by health-harming emissions.
Erdogan offers free gas pre-election after first Black Sea field shipment
President Tayyip Erdogan flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections.
Asia petchem producers plan to switch to LPG after price slump
Several Asian petrochemical producers plan to switch a portion of their feedstock from naphtha to cheaper liquefied petroleum gas late in the second quarter as the price gap between the two fuels has widened.
Germany improving efforts to meet 2030 hydrogen goals
Germany is getting nearer to goals for developing a green hydrogen market by the end of the decade.
Russia's Gazprom seeks to liberalize domestic gas market
Russian energy giant Gazprom has asked the government to liberalize wholesale gas prices for domestic industrial consumers in some regions as it faces a steep decline in exports.
Japan's Mitsui buys U.S. gas asset in 'pragmatic solution' for energy transition
Japan's Mitsui & Co Ltd has bought a 92% stake in an unconventional gas asset in Texas and plans to promote its gas business as a "pragmatic solution" for the energy transition.
EU, Norway plan cooperation on carbon capture, hydrogen, draft shows
The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe.
Mitsubishi Power starts natgas turbine operation in Rayong, Thailand
Mitsubishi Power, a subsidiary of Japanese company Mitsubishi Heavy Industries, has started operations of a natural gas turbine at a gas-fired power plant project in Thailand's Rayong province on March 31.
Russian gas cargoes cross Crimea bridge after 4-month wait
Three gas carriers loaded with butane and propane crossed the Russia-built Crimea bridge over April 12-14 after a four-month wait and set sail for their destinations.
U.S. natgas futures drop 5% on forecasts for mild weather
U.S. natural gas futures fell about 5% on Wednesday from a one-month high in the prior session on forecasts confirming the weather will remain mostly mild and heating demand low for the next two weeks.
Spain's Tecnicas Reunidas, FCC to build large LNG terminal in Germany
Spanish companies Tecnicas Reunidas and FCC, as well as Turkey's ENKA, have won a contract to build a liquefied natural gas regasification terminal in Germany worth about $1.09 B.
Chevron seeks drilling ship to expand East Med gas search
Chevron is seeking a drilling ship to explore for natural gas off Cyprus, Egypt and Israel as the U.S. energy major looks to meet growing demand in the region and Europe.
Britain has enough gas for summer demand, National Gas Transmission says
Britain will have sufficient gas supply to meet demand from April to September and is expected to sustain flows to Europe, the UK's National Gas Transmission company said.
Edison not for sale, reviewing options on gas storage
Energy group Edison is not for sale, the chief executive of the Italian unit of French utility EDF said, adding the value of the unit could be well above €7-8 B calculated by analysts.
Why a clean energy transition is so important to G7 chair Japan
Japan needs to import nearly everything from oil to liquefied natural gas, putting a clean energy transition at the core of domestic and foreign policy for this year's chair of the G7 developed nations.
Security of supply concerns prompt Arctic Barents Sea gas pipeline rethink in Norway
For Gassco, building a pipeline to transport gas produced in the Arctic Barents Sea could be worth re-examining due to an increased focus on supply security and Norway exporting more of its gas to Europe.
Svanehøj acquires US-based LNG specialist
Marine pump specialist Svanehøj continues to expand its service solution business by taking over California-based Complete Cryogenic Services, a specialist in service and overhaul of submerged pumps on LNG tankers.
Asian spot LNG prices slip as muted North Asia demand weighs
Asian spot LNG prices this week slipped to a 22-month low amid slow demand from Japan, China and South Korea.
Europe only has space for a small gas refill in 2023
Europe needs to put a smaller-than-average volume of gas into storage this year after a mild winter left the region with record high inventories.
ADNOC L&S expands shipping fleet with five new VLGCs
United Arab Emirates' ADNOC Logistics & Services has expanded its fleet with the deployment of five new-build VLGC.
Moldova buys Greek gas to test new import routes
Moldova, under constant threat of a reduction in Russian gas supplies, will buy a small amount of gas from Greece to test new import routes.
Ukraine lawmakers urge U.S., EU to hit Russian LNG with secondary sanctions
Lawmakers in Ukraine's parliament want the European Union and United States to use sanctions to block Russia's plans to expand LNG production, and end Europe's purchases of the fuel from Russia.
U.S. natural gas retreats 2% in run-up to storage report
U.S. natural gas futures retreated more than 2% on forecasts for less demand for the fuel next week in the run-up to a federal report expected to show nearly a normal injection into stockpiles.
Poland sets exclusion zone around Swinoujscie LNG terminal
Poland will introduce a temporary 200 meter exclusion zone around its Swinoujscie LNG terminal.
- Cheniere signs deal with Bechtel to expand U.S. LNG export capacity
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas
- Baker Hughes’ fuel flexible NovaLT™ 16 gas turbine certified by RINA for marine propulsion
- U.S. natural gas exports to grow nearly 30% by 2027 as LNG facilities ramp up
