GLNG - Global LNG

26 November 2022

NFE, Pemex finalise strategic partnership agreement for Lakach gas project

24 November 2022

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

24 November 2022

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

23 November 2022

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.

Climate paralysis at COP27 as no progress made on 1.5 degrees

21 November 2022

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.

Europe still can’t shake off Russian LNG habit

18 November 2022

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.