GLNG - Global LNG

19 February 2025

Eni invests $80mn to double gas output from Egypt's Noor Field by 2026

18 February 2025

Italian energy group Eni will begin producing 100mn cubic feet per day of gas from the Noor concession offshore Egypt’s Mediterranean by mid-2026.

INPEX plans 2027 FID for Indonesia's Abadi LNG project, expansion of Ichthys

18 February 2025

Japan’s INPEX announced last week that it is preparing to take a final investment decision on the Abadi LNG project offshore Indonesia by 2027. The company is also planning to expand its Ichthys LNG project offshore Australia.

Trump gives green light to restart LNG export permit approvals

18 February 2025

The US LNG exports sector received long-awaited good news with the approval on February 14 of the first LNG export permit granted by President Donald Trump since his return to the White House.

Novatek acquires another carrier for Yamal LNG ship-to-ship transfers

17 February 2025

Russia’s Yamal LNG project, operated by Novatek, has added another gas carrier to facilitate ship-to-ship transfers near the Arctic port of Murmansk.

Italian bank Intesa Sanpaolo, ADB withdraw from $10bn Papua LNG project due to pressure from green groups

17 February 2025

Italy’s largest banking group, Intesa Sanpaolo, and the Asian Development Bank (ADB) have confirmed they will not provide financing for the $10bn Papua LNG project in Papua New Guinea

Japan’s Inpex targets 2027 for final investment decision on Indonesian LNG project

17 February 2025

Japan’s largest oil and gas explorer, Inpex Corp, plans to make a final investment decision (FID) on its Abadi liquefied natural gas (LNG) project in Indonesia by 2027 as part of a broader strategy to expand LNG supply

SOCAR pens energy pact with India's MRPL, ONGC at India Energy Week

17 February 2025

At India Energy Week 2025 last week, the State Oil Company of Azerbaijan Republic (SOCAR) and Mangalore Refinery and Petrochemicals Limited (MRPL) and Oil and Natural Gas Corporation Limited (ONGC) signed a non-binding memorandum of understanding

ADNOC Gas pens LNG supply deal with Indian Oil Corp

14 February 2025

ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with state-owned Indian Oil Corporation for the supply of up to 1.2mn tonnes per annum (mtpa) of liquefied natural gas (LNG), the Abu Dhabi-based company said in a press release

First LNG at GTA project enhances energy security for West Africa's MSGBC region

13 February 2025

The start of LNG production at the Greater Tortue Ahmeyim project in Senegal and Mauritania has signalled a new era of energy security and resource monetisation for the MSGBC region in West Africa.

Indian Gas Exchange, HPCL sign MoU to boost natural gas market in India

13 February 2025

Indian Gas Exchange (IGX) and state-owned energy company Hindustan Petroleum Corporation Limited (HPCL) have signed a memorandum of understanding (MoU) to collaborate on enhancing the natural gas market in India, IGX announced in a press release.

Russian gas major Novatek ups profit 5% to $6bn in 2024

12 February 2025

Russian natural gas major Novatek posted increase in net profit and revenues in 2024 despite sanctions against LNG projects.

TotalEnergies strikes 10-year LNG deal with India's GSPC

12 February 2025

France’s TotalEnergies has signed a 10-year sale and purchase agreement with India’s Gujarat State Petroleum to supply 400,000 tonnes of LNG per year.

Taiwan considers Alaskan LNG to avoid US tariffs

12 February 2025

Taiwan could become a buyer of LNG from Alaska in an effort to prevent the US from levying tariffs on the East Asian country.

Trinidad and Tobago reports surge in LNG export revenue

12 February 2025

Trinidad and Tobago is reporting significant gains in LNG export revenue, with cargo prices reaching 15% to 55% above Henry Hub rates, according to Energy Minister Stuart Young.

Tanzania eyes wrapping up talks on stalled $42bn LNG project by June

12 February 2025

Tanzania has its sights set on concluding talks over tax incentives with investors on the stalled Tanzania LNG project.

ADNOC signs 5-year LNG supply deal with Bharat Petroleum

12 February 2025

Abu Dhabi National Oil Company has agreed to a 5-year LNG supply deal with India’s Bharat Petroleum.

ConocoPhillips plans production increase, $2bn in asset sales and $12.9bn capex

12 February 2025

Oil major ConocoPhillips has said it aims to generate as much as $2bn through asset sales, a target largely expected to be met within the year. This follows its $22.5bn acquisition of Marathon Oil, which had been completed in November 2024.

US-China LNG trade and how tariffs might affect flow

12 February 2025

The latest chapter in the storied history of US-China trade relations has opened with fresh tariffs from both sides. Most notably this includes a 15% tariff on US LNG that came into effect earlier in the week.

Bangladesh seeks long-term LNG deals with Brunei, reviews energy agreements

12 February 2025

Bangladesh is pursuing long-term liquefied natural gas (LNG) supply agreements with exporting nations, including Brunei, as part of its energy strategy, an adviser to the country’s energy ministry said at the India Energy Week conference

Trump’s newly elected cabinet promises to boost fossil fuels

12 February 2025

The newly appointed heads of the US Energy and Interior Departments, along with the Environmental Protection Agency administrator, have as expected pledged to fulfil Trump’s ambition for "American energy dominance" and “Drill, baby drill."