GLNG - Global LNG
What do EU methane rules mean for global gas suppliers?
There is particular complexity in how the rules will be applied for US LNG exports, as exporters often do not produce the gas that they supply globally, and lack the data on emissions upstream.
Shell profits beat forecasts in Q1 on strong LNG, oil trading performance
Profits at Shell came in better than expected in the first quarter, on the back of strong performance at its LNG and oil product businesses.
EU LNG imports down 8% in January-April: GIE
EU LNG imports were down 8% year on year in January to April at 40.8bn cubic metres, coinciding with a climb in Russian pipeline gas supplies.
Brazil must ramp up efforts to increase natgas supplies, says minister
Brazil’s Minister of Mines and Energy, Alexandre Silveira, has said the country’s national oil company Petrobras must ramp up efforts in augmenting natural gas supplies and reducing prices to aid the nation’s industrial resurgence.
French prosecutors probing TotalEnergies over 2021 Islamist attack near its Mozambican gas project
French prosecutors are investigating oil major TotalEnergies after survivors of a 2021 jihadist attack in northern Mozambique accused it of negligence and indirect manslaughter.
Petrobras delivers first gas production from Santos Basin FPSO
Brazil’s national oil company Petrobras has initiated gas production through the P-68 platform, servicing the Berbigão and Sururu fields in the Santos Basin offshore Brazil.
Cheniere’s profits dip due to poor commodity prices
Houston-based Cheniere Energy, the US’s biggest producer and exporter of LNG, reported a first-quarter fall in profits of 91% year on year, the company announced in its quarterly earnings report.
Egypt signs leasing agreement with Norway's Hoegh floating unit to secure LNG supply
Egypt's Natural Gas Holding Company (EGAS) has signed a leasing agreement with Norway's Hoegh LNG to rent the Hoegh Galleon floating storage and regasification unit for liquefied natural gas.
US LNG exports dip in April
The US’s LNG exports fell in April slipping to 6.19mn tonnes according to data from the London Stock Exchange Group.
ExxonMobil Guyana reveals dates of output halt due to Gas-to-Energy project
ExxonMobil has announced the timeframe for the temporary halt of production at two offshore oil projects in Guyana’s Stabroek Block as part of efforts to connect a natural gas pipeline for the landmark Gas-to-Energy project.
Petrobras crude Q1 output up 4.4% at 2.24mn bpd, exports fall
Brazil’s national oil company Petrobras’ first-quarter crude output rose by 4.4%, year on year, to 2.24mn barrels per day.
Argentine government offers to pay energy companies with $600mn bonds
Amid an ongoing dispute with energy companies, the Argentine government has put forward a proposal to settle transactions made in December 2023 and January 2024 with BOPREAL bonds valued at approximately $600mn.
Follow us online