GLNG - Global LNG

UK removes Egypt’s Zohr gas project from sanctions despite stake held by Russia's Rosneft

UK removes Egypt’s Zohr gas project from scope of its sanctions regime despite Rosneft’s minority stake, citing Treasury decision that highlights a pragmatic carve-out for energy assets critical to regional gas supply and Egypt’s LNG exports.

Egypt approves $4.3mn South Korean grant for green energy infrastructure in Suez Canal

The Egyptian cabinet approved a draft presidential decree endorsing a grant agreement with South Korea to establish green energy infrastructure in the Suez Canal area, with funding of about $4.3mn

Hungary’s MVM Signs five-year LNG deal with Chevron

This deal follows an initial framework agreement reached during a Hungarian government delegation's visit to Washington last month, which set the stage for broader energy cooperation between the countries.

Thai officials reject claims of oil exports to Cambodia

Colombia proposes temporary LNG resale rules to ease supply constraints

Colombia's Energy Ministry proposed temporary regulations permitting thermal power plant operators to resell unused imported liquefied natural gas to third-party purchasers including industrial consumers and households

Asian LNG spot prices sink to two-year low

Belgium ramps up Russian gas imports in October

Belgium increased its purchases of Russian gas sharply in October, becoming the EU’s third-largest importer of the fuel from the country.

Natural gas to play a key role in Africa’s economic transformation, says AEC

Africa holds vast natural gas resources but has yet to turn them into broad economic gains.

Energy Transfer to take FID on Lake Charles project in early 2026

US pipeline operator Energy Transfer will take a final investment decision on its Lake Charles LNG facility in Louisiana.

Ovintiv inks deal for Cedar LNG capacity

US petroleum company Ovintiv has inked a deal for liquefaction and transportation capacity at Pembina Pipeline’s Cedar LNG facility.

Snam acquires stake in Italy’s Offshore LNG Toscana from Igneo

Italy’s natural gas grid operator Snam has acquired a 48.2% stake in Offshore LNG Toscana (OLT) from UK-based Igneo Infrastructure Partners.

Venture Global pushes back against Shell in New York Supreme Court

Tensions continue to boil between the two companies after Shell’s arbitration case loss.

Dutch TTF gas hub sees record trading in 2025

Intercontinental Exchange said on December 15 that trading volumes for Europe’s benchmark gas contracts reached a record in 2025.

Hungary seeks Azeri gas to replace Russian supply

Hungary signed a framework agreement last week with Azerbaijan that could allow purchases of up to 800 mcm of natural gas over the next two years.

Germany's Uniper buys all gas production Vermillion has in-country

Germany’s Uniper has agreed a two-year contract to purchase all of Vermilion Energy’s natural gas production in the country.

Egypt plans to cut fuel imports by 15% in 2026, aims to save $3.24bn

Egypt’s Ministry of Petroleum plans to reduce the country’s monthly fuel imports by 15% in 2026 as part of an effort to curb fuel subsidies and lower the cost of energy imports

Bangladesh imports 11 LNG cargoes in November

Bangladesh spent $360.99mn to import 11 cargoes of liquefied natural gas in November as part of efforts to secure energy supplies and meet rising domestic demand

Vietnam advances clean energy transition with LNG power

Vietnam on December 14 marked the inauguration and start of commercial operations of the Nhon Trach 3 and 4 thermal power plants in southern Dong Nai province, with Prime Minister Pham Minh Chinh attending the ceremony

Uzbekistan in discussions with US over Lukoil assets, hires advisors

Uzbekistan has hired international consultants and is in negotiations with the US in relation to the future of Lukoil’s assets in the country following US sanctions imposed on the Russian energy group, according to the Uzbek energy minister.

Nigerian NLNG’s $10bn Train-7 project reaches 88% completion

The $10bn Nigeria LNG (NLNG) Train-7 project has reached 88% completion, positioning it for delivery within the revised timeline despite domestic and global challenges

Fluor, JGC complete LNG Canada Train 2

Fluor and JGC have completed Train 2 at the LNG Canada project and handed it over to the LNG Canada consortium

McDermott wins major subsea EPCIC contract for Brunei gas development

McDermott(MCDIF) has been awarded a significant subsea contract for a natural gas development project offshore Brunei Darussalam, following its earlier completion of front-end engineering design (FEED), optimisation studies and readiness planning

Nigeria advances deepwater push as NUPRC targets up to 810,000 bpd through cluster model

Nigeria aims to unlock up to 810,000bpd of potential incremental output from 6.8bn barrels of deepwater reserves as NUPRC works with IOCs on a cluster-development model to lower costs, improve project economics and revive stalled offshore investment.

Tanzania-US talks advance $42bn LNG, $942mn nickel and $300mn graphite cooperation deals

Tanzania has advanced negotiations with the US on its largest energy and minerals projects, including the $42bn LNG development led by Equinor and Shell.