GLNG - Global LNG
NFE, Pemex finalise strategic partnership agreement for Lakach gas project
US-based New Fortress Energy (NFE) has finalised an agreement with Mexico's Pemex on the development of Lakach, a deepwater natural gas field.
Gazprom unveils its biggest investment programme in eight years as it begins to reorientate to the east
Gazprom announced its biggest investment programme since 2014 of $35bn as the company prepares to embark on major capital-intensive work that may include new pipelines to Europe and China and suggests is may be expecting higher earnings from Europe.
EU releases symbolic gas and preliminary oil cap price numbers
The European Commission released preliminary prices for the gas and oil price caps at a level that is more of a symbolic gesture than the stringent sanctions that will crush the Kremlin's budget that many were hoping for.
Georgian economy minister talks of renewed plans for Caspian Sea gas pipeline through Georgia to Europe
QatarEnergy clinches longest LNG deal with Sinopec
Climate paralysis at COP27 as no progress made on 1.5 degrees
COP finished two days late on November 20 without any new agreements on climate change targets or emissions reductions, although a deal was hammered out to set up an as yet uncosted loss and damage fund.
Biden announces tighter methane rule for US oil and gas industry
Europe still can’t shake off Russian LNG habit
Russian exports of LNG to the Europe rose a staggering 50% in the first nine months of 2022, according to EU figures, even as volumes of pipeline gas fell 80%, as Europe’s need for gas trumped the EU’s efforts to cut dependence on Russian gas.
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