Regions
Eni can now receive oil from Venezuela as payment for gas, CEO says
Chief Executive Claudio Descalzi, who confirmed that Venezuela owes the Italian group around $3 B, was referring to natural gas from the Perla offshore field, the only active offshore gas project in Venezuela, which is operated by Eni and Spain's Repsol.
Naturgy warns $13 B in Russian LNG purchase commitments may be hit by EU ban
This amount represents less than a quarter of its total commitments for energy purchases, which it estimates at roughly €45.13 B.
Ukraine's Naftogaz to deliver U.S. LNG via Klaipeda terminal
Russia has sharply increased the number and intensity of strikes on Ukraine's energy sector, targeting both power plants and gas production facilities, and a partial loss of gas production capacity has forced Kyiv to increase imports.
Hanwha and Greek ΟΝΕΧ Shipyards to expand U.S. activities
ONEX, which operates two shipyards in Greece, said in a press release that the deal also includes projects in power generation, shipyard efficiency, and energy storage platforms.
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.
Ten years after first cargo, U.S. LNG dominance set to keep growing
Whether the world market, already showing signs of saturation, will be able to absorb those supplies is an open question.
Greece's Metlen signs LNG supply and trading cooperation deal with Shell
Greek energy companies have been seeking deals to supply central and southern Europe with U.S.-produced LNG as the U.S. works to replace Russian gas in Europe.
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...
Inpex to solicit bids for construction of Indonesia's Abadi LNG project in mid-2026
The Abadi liquefied natural gas (LNG) project in Indonesia's Masela block has faced years of delays following a request by the previous administration to move the plant onshore from an earlier offshore design, and as the company drew up new development plans to include a carbon storage facility.
UK's Centrica signs natural gas supply deal with Canada's Whitecap Resources
Whitecap will deliver 50,000 million British thermal units (MMBtu) of natural gas per day to Centrica Energy.
Energy Transfer terminates offtake agreements with some customers of suspended Lake Charles LNG project
Several LNG offtake agreements have been terminated based on the nonsatisfaction of the condition related to making a final investment decision by the date specified in the applicable LNG offtake agreement, Energy Transfer said in a 10K filing.
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.
Mozambique set to receive $6 billion in World Bank financing over five years
The World Bank is aiming to provide Mozambique with $6 billion of mostly concessional financing for its public investment projects over the next five years, a senior bank official said. The Southern African country's public finances are under strain, with the International Monetary Fund sounding a ..
Ukraine's Naftogaz secures LNG deliveries via Germany and Greece
Ukraine's Naftogaz has secured the supply of U.S. liquefied natural gas (LNG) via a terminal in Germany, the state-run oil and gas company said. The LNG will be sourced from the U.S. and supplied in Germany by TotalEnergies, Naftogaz said. After it is regasified by Deutsche ReGas, it will then be ..
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.
Brazos Midstream significantly expands Midland Basin natural gas gathering and processing system
Commissions Sundance II, a new 300-MMft3d cryogenic natural gas processing facility located in Martin County, Texas Initiates construction of the Cassidy I cryogenic natural gas processing plant in Glasscock County, which upon completion will bring Brazos’ total operated processing capacity in ..
ExxonMobil starts operations on second carbon capture project in Louisiana (U.S.)
We are now transporting and storing captured CO2 from the New Generation Gas Gathering (NG3) project in Gillis, Louisiana. NG3 is our second active commercial carbon capture and storage (CCS) operation in Louisiana. CCS application differentiates Louisiana’s core industries, including LNG, and p..
Opinion: China isn’t importing any U.S. LNG, but it's still in the game
Since 2018, Chinese energy companies including PetroChina, CNOOC and Unipec have signed nearly 20 LNG supply contracts with U.S. producers such as Cheniere Energy, Venture Global and NextDecade, totaling around 25 metric MMtpy of supply.
Golden Pass moves closer to producing first LNG with increased natural gas flows into facility
When complete, the 18-metric MMtpy project in Texas (U.S.) is expected to be one of the largest U.S. LNG export facilities and will help the United States maintain its position as the world's largest exporter of the superchilled gas.
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.
Austria eyes renewables, African gas to cut U.S. LNG dependence
European countries are wrestling with how to keep electricity prices affordable as the European Union phases out Russian gas by 2027 in response to Moscow's 2022 invasion of Ukraine.
Fermi America receives Siemens gas turbines at Port of Houston for Texas power project
Fermi America has received six Siemens SGT-800 gas turbines at the Port of Houston for its Texas-based Project Matador, advancing the first gigawatt of planned natural gas generation.
Vitol backs $3-billion LNG import terminal, 1.8-GW gas power project at South Africa’s Durban Port
Vitol is backing a proposed $3 billion LNG import and gas-fired power project at South Africa’s Durban Port, positioning the global trader in a market targeting 16 GW of new gas generation.
Transition Industries secures gas supply for $3.3-billion Mexinol project in Mexico
Transition Industries has secured a long-term natural gas supply agreement with CFEnergía, enabling construction of its $3.3-billion Pacifico Mexinol methanol project in Mexico.
Evers & Sons wins Texas compressor station expansion, adding six units
Evers & Sons has secured a Texas compressor station expansion project that will add six new units, increasing natural gas compression capacity and supporting regional throughput growth.
Repairs continue after Iowa pipeline explosion; Enterprise Products operates line
Repair work remains underway in Washington County, Iowa, after a natural gas liquids pipeline operated by Enterprise Products Partners caught fire over the weekend. The cause of the explosion is under investigation.
Kitsault Energy pitches dual crude, gas pipeline to B.C. West Coast export hub
Kitsault Energy has proposed a dual crude oil and natural gas pipeline corridor from Dawson Creek to Observatory Inlet, targeting a new West Coast export terminal in British Columbia.
Brazos expands Midland Basin system in major buildout, adds 70 miles of pipeline
Brazos Midstream has expanded its Midland Basin footprint with the startup of a new 300 million cubic feet per day cryogenic natural gas processing plant in Martin County, Texas, and the launch of construction on another facility that will lift total basin capacity to 800 million cubic feet per day.
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- Qatar’s Ras Laffan LNG hub hit by missile attack, ‘extensive damage’ reported
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years
