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With significant investment going into LNG export projects in the US, Australia and across Asia-Pacific and continued concerns about gas imports into Europe and Asia, LNG is expanding as a major sector of the global gas market that has attracted super-majors and independent companies alike.
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Eni in talks with Baker Hughes and others for $400mn drilling operations in Egyptian Zohr field
Italy’s energy company Eni is currently in talks with a group of international oil services firms, including the US Baker Hughes, to drill two new wells in Egypt’s Zohr gas field in the Mediterranean Sea.
Vietnam revises power plan amid LNG delays, holds off major renewable expansion
Vietnam’s Industry and Trade has submitted proposed adjustments to its national power development plan, warning of delays in liquefied natural gas projects and postponing consideration of a major corporate proposal for expanded renewable energy.
India’s natural gas demand projected to surge nearly 60% by 2030
ndia’s natural gas demand is forecast to surge by nearly 60% by the end of this decade, driven primarily by expanding use of compressed natural gas (CNG) in vehicles and piped natural gas in households and industry
Colombia faces looming natural gas shortfall as self-sufficiency declines
Colombia’s domestic natural gas reserves may only last another six years unless exploration and production are rapidly scaled up.
Canada's Poilievre pledges rapid resource project approvals as industry treads cautiously
The leader of Canada’s Conservative Party, Pierre Poilievre, who is running for Prime Minister, pledged this week to “rapidly” approve 10 major resource projects in the country if he is elected.
Mozambique’s government approves Eni’s plan for $7.2bn Coral Norte FLNG project
The government of Mozambique has approved the development plan for Eni’s $7.2bn floating liquefied natural gas (FLNG) project.
Taiwan eyes Alaska LNG project with investment limit
Taiwan is evaluating a potential investment in an Alaskan liquefied natural gas (LNG) project, with any stake limited to below 50%, according to Minister of Economic Affairs Kuo Jyh-huei.
Japan’s Inpex begins engineering work on Indonesia’s Abadi LNG project
Japan’s largest oil and gas developer Inpex has commenced the front-end engineering design process for the Abadi LNG project in Indonesia.
Chinese buyers resell US LNG cargoes amid tariff war
Chinese purchasers of LNG are reselling cargoes shipped from US LNG terminals as trade tensions escalate between Washington and Beijing.
Deutsche ReGas launches bidding round for expansion of Mukran FSRU capacity
Deutsche ReGas has opened a three-month bidding round for the expansion of the Mukran floating storage and regasification unit’s capacity.
Buru, CEFA team up on small-scale LNG project in West Australia
Buru Energy has signed a strategic development agreement with Clean Energy Fuels Australia to advance the Rafael natural gas project in Western Australia’s Canning Basin.
Asia’s thirst for LNG to drive global demand rise
Global LNG demand is set to soar over the next two decades, sparked by Asia’s growing appetite for the super-chilled fuel.
INTERVIEW: US LNG enters pivotal stage
Charlie Riedl, executive director of the US LNG Center, speaks with us about the outlook for America's LNG sector as Donald Trump begins reshaping the US oil and gas industry and global trade.
Woodside sells 40% stake in Louisiana LNG to investor Stonepeak for $5.7bn
Australia’s Woodside Energy has reached agreement to sell a 40% interest in its Louisiana LNG facility to infrastructure investor Stonepeak for $5.7bn.
Australia’s Viva Energy enlists LNG consultant to advance Geelong terminal plans
Australia-based energy infrastructure firm Viva Energy has appointed LNG specialist firm Poten & Partners to assist in securing a floating storage and regasification unit for its proposed LNG import terminal at Geelong in Victoria.
Petronas reveals timeline for offshore Suriname drilling as FLNG development considered
Malaysian state-controlled energy company Petronas has disclosed extra information regarding its proposed three-well programme offshore Suriname, as it considers a potential integrated development using a floating liquefied natural gas solution
US Exim auditor finds bank didn't delay funding for $20bn Mozambican gas project due to bias against fossil fuels
The Export-Import Bank of the United States (US Exim), one of the key backers of a Mozambican liquefied natural gas (LNG) project, delayed releasing funding for the project not due to bias against fossil fuels, Global Trade Review says.
Gas-powered convoy hits the docks in Brazil’s Port of Santos
Truck manufacturer Scania has sold 1,500 trucks powered by compressed natural gas (CNG) in Brazil since 2018 and expects to deliver 1,000 more in 2025, the company told Folha. The shift reflects growing interest in reducing fleet emissions.
Mexico explores fracking expansion to cut US gas dependence
Mexico has begun preliminary discussions with private sector companies about increasing fracking to reduce its reliance on US natural gas amid growing trade tensions between the two countries, Reuters reported on April 8.
Italian energy company Eni plans to invest €24bn in Egypt, Algeria and Libya over next four years
Italy’s energy company Eni plans to invest around €24bn in Egypt, Algeria and Libya over the next four years to increase oil and gas production, said the CEO, Claudio Descalzi.
Russia’s Gazprom bids farewell to Uzbekistan’s Shakhpakhty field as operations wind down
Russia's state-controlled gas giant Gazprom is winding down operations in Uzbekistan, ending its involvement in the Shakhpakhty gas field following the expiration of a production sharing agreement.
Gas supply becomes issue in Australian election
Australia will hold a federal election on May 3 in which the future of the country’s huge gas reserves and meeting domestic gas demand have become a contested issue.
China’s fuel demand peaks as natural gas gains ground
Transport fuel demand in China is reaching its peak, as electric vehicles and trucks powered by LNG increasingly replace traditional petrol and diesel vehicles.
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