Africa
Eni launches the Phase 2 of Congo LNG ahead of schedule
With the arrival of the Nguya FLNG floating liquefaction unit and the introduction of gas into the new offshore infrastructure system, Eni announces the start-up - ahead of the planned schedule - of Phase 2 of the Congo LNG project, with the goal of exporting the first LNG cargo in early 2026. Co..
TotalEnergies provided clarification on financing the capital-intensive Mozambique LNG project
Further to the communications made by the UK and Dutch authorities regarding the involvement of their Export Credit Agencies, UK Export Finance (UKEF) and Atradius, in the financing of Mozambique LNG project, TotalEnergies wishes to clarify the following: In 2020, Mozambique LNG concluded a proje..
Britain, Netherlands withdraw $2.2-B backing for TotalEnergies-led Mozambique LNG
UK ends $1.15 billion support due to increased risks Dutch minister says Total cancelled request for $1.1 billion insurance Britain and the Netherlands are withdrawing a combined $2.2 billion in support for the TotalEnergies-led Mozambique LNG project. Britain's government said it was ..
Eni launches second phase of Congo LNG project, first gas in early 2026
This integrated setup enables full development of gas resources from the offshore Nené and Litchendjili fields in the Marine XII license.
Eni inaugurates the New Gas Consortium gas treatment plant in Soyo, Angola
Eni, through its satellite company Azule Energy - a 50:50 joint venture with bp and the operator of the New Gas Consortium (NGC) – inaugurated the NGC Gas Treatment Plant in Soyo, northern Angola. The ceremony was attended by the President of the Republic of Angola, João Gonçalves Lourenço, alongsid..
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.
Golar LNG completes $1.2-B FLNG Gimi bank facility
Golar LNG Limited (Golar) has successfully closed and drawn a new $1.2 billion asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancing of FLNG Gimi.
Mozambique grants 30-year concession to state firms for LNG facilities, pipeline
Mozambique has granted its top state-owned companies, including national oil firm ENH, a 30-year concession to build and operate natural gas facilities at the Port of Beira and the smaller Inhassoro site, the government said. Efforts by the Southern African country to develop its oil and gas reserv..
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.
Exxon lifts force majeure on LNG project in Mozambique
The company paused work after French oil major TotalEnergies also declared force majeure on its separate LNG project in 2021 due to security concerns in the southern African country.
Opinion: The future of the energy transition will be fractured, bumpy and long
The landmark UN COP21 climate agreement signed in Paris on December 12, 2015 saw 195 nations commit to setting binding targets to reduce greenhouse gas emissions to limit global warming to "well below" 2ׄ°C above the pre-industrial levels. The ambition has in recent years been strengthened to 1.5°C.
Quick wins on cutting methane dogged by a slow transition
The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.
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.
Exxon looks to lift force majeure at LNG project in Mozambique
It was reported earlier this week that Exxon was unable to make a final investment decision on its project, called Rovuma LNG, until TotalEnergies resumes work after it lifted a separate force majeure that first resulted from an Islamist-linked insurgent attack four years ago.
TotalEnergies tells Mozambique LNG project costs have risen by $4.5 billion
TotalEnergies has told Mozambique that the costs of its LNG project in the country have risen by $4.5 billion in the four years it was on hold, and it wants its production agreement extended by a decade, a letter from its chief executive showed. The French oil major had confirmed on Saturday that t..
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.
Morocco plans coal power phase-out by 2040
Morocco plans to abandon coal power entirely by 2040 if it secures international climate finance, the Powering Past Coal Alliance (PPCA) said. Morocco joined the international PPCA, a group of around 60 governments seeking to phase out coal power, in 2023, in a bid to progress natural gas and renew..
Study: Methane emissions from crude oil and gas supply chains significantly underestimated
Global methane emissions from oil production are now reported to be 15 times higher in International Energy Agency (IEA) data compared to IOGP figures, with discrepancies for Russia reaching 10-fold and for Saudi Arabia an astonishing 40-fold.
Algeria plans $60-B energy investment over five years
Algeria will invest $60 billion in energy projects between 2025 and 2029 as part of a large-scale strategy to boost oil, gas and hydrogen development, Energy and Mines Minister Mohamed Arkab said.
Eni signs off on second floating LNG unit offshore Mozambique
China National Petroleum Company (20%), Korea Gas Corporation (10%), Mozambican state-owned national oil company ENH (10%) and ADNOC's subsidiary XRG (10%).
RWE withdraws from $10-B Namibia green hydrogen project
German power utility RWE said that it had withdrawn from Namibia's $10 billion Hyphen green ammonia project, a blow to the southern African nation's ambitions to become a major hydrogen hub. The pullback is the latest example of companies reconsidering investments in a nascent technology that is ex..
Digital Exclusive: Carbon critical—How filtration adds value in CCUS systems
Colm Joy of Cleanova discusses how the scale of the decarbonization challenge is daunting. Countries around the world signed the Paris Agreement in 2015, committing to limit global temperature rise to well below 2°C above pre-industrial levels.1 Achieving this target requires aggressive decarbonization efforts.
Oil India sees restart of Mozambique LNG project by year's end
TotalEnergies halted construction of the project and imposed force majeure in 2021 following a deadly attack on the site by Islamic State-linked insurgents.
Global Projects Data - August Update
An overview of active gas processing/LNG projects globally.
ExxonMobil bullish on China's LNG demand, eyes new markets
ExxonMobil expects strong growth in demand for liquefied natural gas (LNG) in China, driven by transport and marine sectors, and sees rising opportunities in new markets across Asia Pacific, Africa and Latin America, a senior company executive said.
World natural gas demand on track to hit record high in 2025, says IGU report
The report showed that global gas demand growth in the first half of 2025 was mainly seen in Europe and North America, increasing by 6.1% and 1.5% respectively.
Growing deficits are forcing Egypt to ramp up natural gas imports
In August 2025, Egyptian firm Blue Ocean Energy struck a $35-B deal with partners in the Chevron-operated Leviathan field offshore of Israel to import more natural gas from Israel, the latest move by Egypt to meet natural gas demand that is outpacing domestic production. In our latest update to the ..
Nigeria LNG inks long-term contracts to secure gas supply
The agreements - which include extension options - also involve firms such as Shell Nigeria, Oando Group, Aradel Holdings and First E&P.
Egypt to boost gas production after years of decline
Egypt's gas production is expected to reach 6.6 billion cubic feet per day by 2027, Prime Minister Mostafa Madbouly said.
Dangote refinery imports 4,000 gas-powered trucks for local fuel distribution
In June, the oil refinery said it will begin directly supplying fuel to retail stations, manufacturers, telecoms firms, and other large users in August.
- 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
