economics
Opinion: U.S. LNG exports will shrink if margin squeeze intensifies
The U.S. became the world's biggest LNG exporter in 2023, surpassing Australia and Qatar. Exports from its eight main LNG terminals hit a record 12 Bm3 in November, a 20% rise from a year earlier.
YPF CEO sees green light for Argentina LNG project with Eni, XRG in mid-2026
Exports from the 12-MMtpy project phase involving Eni and XRG will likely start in 2030 or 2031, or four years from the potential FID in mid-2026.
The European countries most impacted by Russian gas phase-out
To help outline potential grounds for dispute among impacted countries, below is a breakdown of Europe's most gas-dependent nations and key regional gas import trends.
Turkey extends Russian gas imports for a year as it plans U.S. investment
Turkey is Russia's last major natural gas market in Europe after years of war-related Western sanctions on Moscow. It imports a total of 22 Bm3 of gas under the Gazprom contracts that expire at the end of the year, amounting to less than 40% of Turkey's overall gas mix, down from more than 50% in 2018.
Opinion: High and rising natural gas costs may spur fresh climb in U.S. coal use
Between January and March of this year, U.S. gas prices jumped by a third due to a cold snap and strong LNG exports, which in turn sparked higher U.S. coal-fired power generation as utilities cut costs by burning cheaper coal instead of gas.
China's LNG importer crown at risk as high prices cap demand
While China has increased output of domestic natural gas and imports via pipeline from central Asia and Russia, elevated spot prices for LNG that have persisted for much of the year are likely the largest factor in the drop in imports.
Britain withdraws $1.15-B backing from TotalEnergies-led Mozambique LNG
Britain had promised financial support for the $20-B project via UK Export Finance in 2020, shortly before it pledged to stop providing direct government support for overseas fossil fuel projects.
Opinion: Don’t expect Ukraine peace deal to alter Europe’s gas gameplan
The White House is pushing Moscow and Kiev to agree to a plan to end the almost four-year war. If successful, Russian oil and gas might soon begin to trade more openly. But that will likely do little to change Europe's gas landscape.
Russia sees scope for oil exports boost to China, urges cooperation in LNG
China's state energy giant CNPC has a 20% stake in Russia's Yamal LNG plant, while China's Silk Road Fund owns 9.9% in the Novatek-led project.
Data: U.S. LNG export dominance to be tested as sellers look beyond Europe
While U.S. liquefied natural gas exports in 2025 are nearly a third more than those of the next largest exporter, the heavy skew of sales to Europe leaves American LNG vendors at risk of rapid volume downturns as European buyers curb gas use.
Russia's Novatek gives deep discounts to sell sanctioned LNG to Chinese buyers
The purchases have ended the commercial limbo for the $21-B project, which is subject to some of the harshest sanctions the U.S. and Europe have imposed on Russia.
EU funnels fresh money to Ukraine for Naftogaz
Ukrainian gas imports have risen as the war with Russia batters the country's energy system.
Opinion: LNG prices will drop in 2026 to absorb supply surge, but how much?
Global supply of the super-chilled fuel is expected to rise to 475 MM tonnes (t) in 2026, according to data from commodity analysts at Kpler, a 10.2% gain over the 431 MMt forecast for 2025.
Shell challenges arbitration decision on Venture Global LNG supply contracts
Both arbitration cases were over Venture Global's failure to deliver LNG under long-term contracts while selling on the spot market as prices soared after the outbreak of the war in Ukraine.
U.S. urges Europe to stick to oil and gas, not renewables
The U.S. has become Europe's top oil and gas supplier on the back of the U.S. shale boom and its companies are seeking to boost the share as the European Union moves to fully cut off remaining Russian energy imports.
Before greenlighting Lake Charles LNG, Energy Transfer seeks 80% equity selldown
U.S. pipeline operator Energy Transfer will not give its Lake Charles LNG export facility in Louisiana a financial go-ahead until 80% of the project has been sold to equity partners, company executives said on a post-earnings call. Energy Transfer has been developing the 16.5-MMtpy LNG export facil..
Stop sour gas flaring: Advances in H2S treatment drive improved economics
FIG. 1. Gas can be recovered, which makes the wasteful and environmentally damaging practice of flaring unnecessary. Driven by increased global demand for natural gas and liquefied natural gas (LNG), countries across all oil-producing continents are addressing the removal of hydrogen sulfide (H2..
Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies
LNG is in strong demand globally, and suppliers typically stand to earn more by selling cargoes in the spot market than under long-term contracts.
U.S. natgas prices jump 4% to 6-month high as record LNG export flows boost demand
Record output earlier this year allowed energy companies to inject more gas into storage than usual.
Shell flags uncertainty in timing of new global LNG supply
New LNG projects are seeing delays as they face rising construction costs, with U.S. LNG exporters seeking to renegotiate deals to cover higher costs, while some big LNG projects are being delayed due to security concerns, for example in Mozambique.
Iraq signs $450-MM agreement for floating natural gas platform with Excelerate Energy
The unit, capable of receiving, storing and regasifying liquefied natural gas (LNG), will be based at the port of Khor al-Zubair, with gas piped for integration into Iraq’s power grid.
Global LNG demand to rise as new supply eases prices, say trade executives
Markets like China, India and Southeast Asia have the potential to see demand recovery, with China and India having the potential to double imports in the next decade.
EU to pool companies' demand to buy more non-Russian gas
The EU is negotiating legal proposals to ban all Russian oil and gas imports by January 2028, and adopted sanctions last week that will ban Russian liquefied natural gas (LNG) sooner, from January 2027.
Singapore power demand seen accelerating in next decade
Singapore's expansion in advanced manufacturing, technology and electrification of vehicles will accelerate growth in power demand over the next decade, the chief executive of its Energy Market Authority said. Electricity consumption will grow between 2% and 5% through to 2035, EMA CEO Puah Kok Keo..
Mozambique bonds rise after TotalEnergies lifts force majeure on LNG project
The lifting of force majeure is a positive sign for the project, whose potential export revenue could transform Mozambique's economy.
Google backs U.S. gas power plant with carbon capture for Midwest data centers
Google has entered into the first corporate agreement to buy electricity from a U.S. power plant using carbon capture and storage in a deal to help fuel its data centers in the country's Midwest region
Russia's VTB says financing 'in full swing' for huge Ust-Luga gas complex
The complex is part of Kremlin-controlled energy giant Gazprom's strategy to shift its focus to processing, and will combine a gas processing plant and a gas chemical complex.
Europe adopts 19th sanctions package against Russia, including LNG import ban
The LNG ban will take effect in two stages: short-term contracts will end after six months and long-term contracts from January 1, 2027. The full ban comes a year earlier than the Commission's roadmap to end the bloc's reliance on Russian fossil fuels.
Replacing LNG supplies from Russia's Sakhalin-2 would be costly, Japan says
Most of Japan's Sakhalin-2 LNG contracts expire between 2028 and 2033, and earlier termination would result in fines for Japanese buyers and force them to seek alternative supplies on the spot market, where options could be limited due to high competition.
Nutrien commences a controlled shutdown of its Trinidad nitrogen operations
Nutrien Ltd. announced that it has commenced a controlled shut down of its Trinidad Nitrogen operations at the Point Lisas’ facility to be effective October 23, 2025. This shutdown is in response to port access restrictions imposed by Trinidad and Tobago’s National Energy Corporation (NEC) and a ..
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- 236-mile Texas-to-Gulf pipeline reaches FID in $2.3-B LNG expansion push
- Bechtel shares findings of tragic accident at Port Arthur LNG facility
- Aramco and Yokogawa commission multiple autonomous control AI agents at Fadhili gas plant
- Ukraine will resume gas imports via Transbalkan route in November
