GLNG - Global LNG
Energy strikes raise the prospect of higher fuel costs in Singapore
A fresh escalation in the Middle East conflict that is now targeting key oil and gas infrastructure is likely to push petrol prices higher in Singapore after fuel costs already increased last week
Glenfarne’s Texas LNG signs EPC with Kiewit
US energy and infrastructure development firm Glenfarne has inked an engineering, procurement, and construction deal with US engineering company Kiewit for its Texas LNG facility.
US LNG bound for Ukraine arrives in Lithuania
A cargo of US LNG intended for Ukraine has arrived at Lithuania’s Klaipeda terminal and will be sent onward to Ukraine in the near term.
Egypt tenders 10 oil storage depots amid Red Sea maritime shifts
Egypt has invited international energy firms to lease 10 major oil and petroleum product storage facilities at the Ain Sokhna and Ras Badran ports on the Red Sea.
Russian shadow fleet LNG carrier idle near Suez Canal after attack on sister vessel
A Russian LNG carrier linked to the sanctioned Arctic LNG-2 project has been idling near the northern entrance to the Suez Canal for several days after another vessel from the same logistics chain was attacked in the Mediterranean.
VIDEO: Bahrain’s Bapco halts oil operations following Iranian attack
Bahrain's national energy company Bapco Energies declared a force majeure on operations following an Iranian drone attack on its refinery complex in Sitra during the early hours of March 9.
European gas prices surge further on Hormuz crisis
European gas prices have surged once more as a result of Iran’s blockade of the Strait of Hormuz that has knocked out around a fifth of global LNG supply.
PetroShorouk earmarks $524mnn to develop Egypt's Zohr gas field in FY 2026/27
PetroShorouk, the venture responsible for managing and developing Egypt’s Zohr gas field, has allocated investments worth $524mn to develop and expand the field during FY 2026/27.
BP seeks up to $6bn in damages from Venture Global
UK supermajor BP is asking for up to $6bn in damages from US LNG giant Venture Global from its arbitration case victory.
Singapore faces potential electricity price increases after Qatar LNG shutdown
Singaporean households and businesses could experience higher electricity costs if the shutdown of a major liquefied natural gas (LNG) export facility in Qatar continues for an extended period
Germany’s Uniper opens talks to buy Canadian LNG
Germany’s state-run energy company Uniper has begun negotiations with Canada to buy LNG from the fledgling producer.
Asia’s energy reserves under pressure as ‘2026 energy shock’ takes hold
The closure of the Strait of Hormuz has thrown a harsh spotlight on a simple but decisive question for Asian governments: how long their energy reserves can last as part of the 2026 energy shock
Costs skyrocket by $4bn for Venture Global’s CP2 plant in Louisiana
US LNG giant Venture Global expects costs for the two phases of its Calcasieu Pass 2 facility to soar by $4bn.
QatarEnergy declares force majeure on LNG exports
Gulf state warns that other energy exporters will likely need to follow suit or risk legal liability for failure to deliver cargoes.
Argentina signs record LNG export deal with Germany’s SEFE
Argentina has signed the largest liquefied natural gas (LNG) export contract in its history, with energy consortium Southern Energy agreeing to supply 2 million tonnes of LNG per year to Germany’s SEFE Securing Energy for Europe.
Taiwan reports oil and gas reserves above minimum
Taiwan holds sufficient crude oil reserves to cover more than 100 days of demand and natural gas stocks that would last for over 11 days, both exceeding the country’s mandated minimum levels, according to Economy Minister Kung Ming-hsin.
India's Petronet LNG declares force majeure after QatarEnergy notice
India’s biggest LNG importer, Petronet LNG, has received a Force Majeure notice from QatarEnergy (QE), and as a result PLL has issued corresponding Force Majeure notices to companies that it supplies LNG to.
Bangladesh scrambles for LNG supplies after QatarEnergy declares force majeure
Bangladesh is facing the risk of fuel shortages within days after a disruption in liquefied natural gas (LNG) supplies forced authorities to urgently seek alternative cargoes in the global spot market
Vopak delays decision on South Africa’s $1bn Richards Bay LNG terminal to Q1 2028
Dutch tank storage operator Royal Vopak (AMS:VPK) has delayed its FID on South Africa’s proposed Zululand Energy LNG terminal at Richards Bay to Q1 2028
SEFE seals eight-year Argentina LNG supply deal with Southern Energy
Germany’s Securing Energy for Europe (SEFE) has finalised an eight-year liquefied natural gas (LNG) sales and purchase agreement with Argentina’s Southern Energy (SESA).
Peru’s gas shock exposes structural weaknesses in energy security
Peru’s decision to declare a 14-day state of emergency in the natural gas system marks one of the most severe stress tests of its energy model in two decades.
Russian shadow ship becomes first LNG carrier ever lost at sea, with Moscow blaming Ukrainian drone strike
The Arctic Metagaz tanker, under both UK and US sanctions as part of a so-called shadow fleet of vessels servicing Russia’s Arctic LNG-2 project.
Middle East conflict and court ruling threaten two key Milei economic reforms
Two key economic reforms pursued by Argentine President Javier Milei have come under pressure following a surge in global energy prices triggered by the war in the Middle East and a domestic court ruling challenging fuel market deregulation.
Algeria set to boost LNG exports amid regional tensions and rising demand
Algeria is preparing to increase its presence in the global liquefied natural gas (LNG) market by enhancing its spot sales, driven by expected demand spikes due to the ongoing war with Iran and potential supply chain disruptions
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