Europe
Venture Global, Atlantic-SEE double U.S. LNG supply deal for Greece from 2030
The Greek joint venture will now take at least 1 metric MMtpy LNG from Venture from 2030 for 20 years, under the revised agreement.
Hyundai wins contract to build gas processing plant at Kazakhstan's Karachaganak field
Hyundai Engineering has signed a contract to build a large gas processing plant at the Karachaganak field in western Kazakhstan. "Hyundai Engineering has received a letter of award for a major gas processing plant project in Kazakhstan, further expanding its presence in Central Asia," the company sa..
EU proposes 21st package of sanctions against Russia, targeting banks, refiners, traders, LNG
The EU has proposed a 21st package of sanctions against Russia for its war in Ukraine, heavily targeting the country's banks and crypto networks as well as drone production, oil traders and refiners.
Why Italy's weak hydro output may drag on Europe's gas rebuild efforts
When Italy's hydro output is strong, it acts as a quiet stabilizer for Europe's gas balance by allowing power firms in that region to curb gas use as hydro generation peaks.
Putin urges Germany to make decision on buying Russian gas again via Nord Stream
Putin told journalists in St. Petersburg that one of the two lines of the Nord Stream 2 pipeline was intact and could start pumping gas "tomorrow."
Serbia secures three-month extension of gas supply from Gazprom
Serbia had secured in March a three-month extension of its gas contract with Russia.
Russian gas flows to Europe via TurkStream halted for maintenance
Scheduled maintenance work will take place from June 2 to June 10 at the Russkaya pumping station and receiving terminals in Turkey.
Bulgaria says expansion of gas infrastructure progressing on schedule
Seeking to counter the influence of Russian oil and gas in southern Europe, the United States last year signed a long-term deal to export liquefied natural gas to Greece, and on through Bulgaria and Romania to Ukraine via the so-called Vertical Gas Corridor, a route that would also allow gas flows in the opposite direction.
Putin approves sale of TotalEnergies' 10% stake in sanctioned Arctic LNG 2 project
If finalized, the French oil major would still hold an indirect stake in the project, as it owns 19.4% of private Russian liquefied natural gas company Novatek.
UK's Centrica signs natural gas supply deal with Canada's Peyto
The volumes equate to about five liquefied natural gas cargoes per year.
IEA: Natural gas spending to hit 10-yr high in 2026 as oil investment falls
As global energy markets remain disrupted by the Iran war, which has halted tanker traffic through the Strait of Hormuz and caused production stoppages across the Middle East, companies are accelerating investment in other geographies and boosting spending on renewables, LNG and coal to shore up supply security.
Russia's pipeline gas exports to Europe up 3% in May year-on-year
Turkey is the only transit route left for Russian gas to Europe after Ukraine chose not to extend a five-year deal with Moscow that expired in January 2025.
Ukraine, Lithuania agree on long-term LNG supply via Klaipeda
Ukraine has been forced to increase imports since Russia stepped up its attacks on the country's gas production late last year.
LNG carriers face compliance-driven fleet bifurcation as EU maritime carbon costs reach $1,256/ton by 2030
The engine type fitted to an LNG carrier when it was built is now the single most important factor in its compliance cost exposure. For a growing share of the global fleet, the numbers are turning against them, according to new analysis from Wood Mackenzie. The LNG shipping fleet is splitting into ..
Germany says natural gas storage levels have risen to 31%
Natural gas storage levels in Germany have risen further since Wednesday to reach 31% of capacity, an economy ministry spokesperson said on Friday, reiterating that state involvement in the market-driven procedure was not required...
Ksi Lisims LNG signs Canada's first European LNG deal
Ksi Lisims LNG LP has entered into a Heads of Agreement (HOA) with Germany's SEFE (Securing Energy for Europe) for the sale and purchase of 1 million tons per year of LNG. The milestone agreement represents increasing global interest in Canada as a future LNG hub and in Ksi Lisims LNG as a supplier ..
Russia sends first LNG tanker this year eastward along the Arctic
Russia hopes to boost trade with Asia along the route, which it sees as an alternative to other routes such as the Suez Canal, at a time of heightened security risks for navigation, especially in the Middle East during military conflicts.
Mercuria and Motor Oil Hellas sign MoU to cooperate on LNG supply through Dioriga Gas FSRU
Mercuria Energy and Motor Oil Hellas (MOH) have signed a Memorandum of Understanding (MoU) establishing a framework for long-term cooperation in connection with the Dioriga Gas floating storage and regasification unit (FSRU) project in Greece's Saronic Gulf.
Ukraine reduces gas storage rates to encourage buildup before winter
Ukraine has Europe's largest underground gas storage capacity, with facilities able to hold more than 30 Bm3 of gas.
Turkey's BOTAS signs deal with Italy's Edison for natural gas and LNG cooperation
Under the agreement, natural gas and liquefied natural gas supply opportunities and joint commercial prospects will be assessed.
QatarEnergy extends force majeure until mid-August, Italy's Edison says
Edison holds a long-term contract with QatarEnergy for the supply of 6.4 Bm3y of liquefied natural gas per year to Italy which has been impacted since April by disruptions linked to the Iran war.
Russia says Armenia could lose cheap gas if it turns away, ahead of Rubio visit
Armenia is a member of a Russian-led economic union and heavily dependent on Russia for energy supplies, but in recent years it has sought deeper ties with the European Union, including adopting a law last year to launch its accession process to the bloc.
Ukraine aims to triple biomethane output to 150 MMm3 in 2026
Prior to the war with Russia, Ukraine was nearly self-sufficient in natural gas, meeting almost all of its needs through domestic production.
U.S. gas exporters ask to push back EU methane regulation
The EU methane law requires that, from January 2027, imported gas must comply with monitoring and verification rules equivalent to Europe's, or meet a voluntary industry standard known as "Oil and Gas Methane Partnership 2.0 level 5".
EemsGas project receives commitment for €150-MM operating subsidy for green gas production
EemsGas Project – with an investment of €100 million becoming one of the largest production facilities for biomethane (green gas) in the Netherlands – has received an SDE++ subsidy grant from the Netherlands Enterprise Agency (RVO). This provides an operating subsidy worth €149.8 million. The subsid..
Svanehoj acquires H&K Services B.V.
H&K Services will operate under the Svanehoj EPS name from its current location in Stellendam, the Netherlands, close to Svanehoj’s regional service site in Oud Gastel.
GAZ-SYSTEM’s Gdansk FSRU launched at HD Hyundai Heavy Industries’ shipyard in South Korea
The FSRU program being implemented by GAZ-SYSTEM has reached another important stage. In May, the FSRU vessel was launched at the HD Hyundai Heavy Industries shipyard in South Korea; by the end of 2027, it will arrive to the Gulf of Gdańsk and become the heart of Poland’s first FSRU Terminal. ..
EU Commission thinks Europe can cut gas consumption by 15 Bm3 this year
European countries are better prepared to face the disruption caused by the Iran war since they already had regulation in place, allowing them to react, following the energy crisis triggered by Moscow's invasion of Ukraine.
What is Russia's Power of Siberia 2 natural gas pipeline to China?
China, the world's biggest oil and gas importer, is a major buyer of Russian energy products.
Tanker delivers Russian LNG to China after almost six months at sea
Depending on the route, it usually takes up to 45 days to deliver an LNG cargo from Russia to Asia.
- 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
