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Overview
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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Indonesia’s upstream oil and gas regulator maintains oil lifting optimism despite missing midyear target
Indonesia’s upstream oil and gas regulator, SKK Migas, reported that national crude oil lifting averaged 567,900 barrels per day (bpd) as of May 31, representing 94% of the state budget (APBN) target of 605,000 bpd
Pakistan seeks options to offload excess LNG amid gas supply glut
Pakistan is examining ways to sell surplus liquefied natural gas (LNG) cargoes as it faces a domestic gas oversupply that could result in losses of up to $378mn for local producers
Santos grants due diligence access to XRG group making $18.7bn takeover bid
It marks a major step forward in an $18.7bn bid for the Australian oil and gas group.
Guyana seeks partners to build NGL facility
Guyana is seeking private partners to build a natural gas liquids (NGL) facility, a government notice confirmed.
Coastal Bend LNG initiates development in Texas
The US could get another new LNG terminal, with the announcement by Coastal Bend LNG on June 26 that it has initiated development for a 22.5mn tonnes per year facility, which would be located on the Texas Gulf Coast.
LNG Canada loads country’s first cargo for export
Shell-operated LNG Canada has begun loading the country's first-ever cargo of the super-chilled fuel for export.
Indonesia’s Medco secures majority stake in strategic corridor gas block with $425mn Repsol deal
Indonesia’s MedcoEnergi (PT Medco Internasional Tbk) has solidified its dominance in the domestic gas sector by acquiring a 24% indirect interest in the Corridor Block from Spain’s Repsol E&P for $425mn (IDR6.8 trillion)
Russia reportedly expresses interest in making regular LNG deliveries to Turkey
Russia is said to have expressed an interest in making regular liquefied natural gas (LNG) deliveries to Turkey and stands ready to participate in joint investment projects to develop the gas market there.
Moody's maintains Colombia's Ecopetrol credit rating amid government support
Moody's Investors Service has maintained Ecopetrol's Ba1 global credit rating with a stable outlook, according to a report published on June 27, citing the Colombian energy giant's dominant market position and strategic diversification.
Gas shortage looms larger for Colombian companies
Colombian manufacturers face mounting pressure as the country's natural gas deficit threatens to escalate significantly next year, according to commodity exchange projections.
Tanker docks at Arctic LNG 2 as Russia seeks to expand LNG presence
The sanctioned Novatek facility is central to Russia’s aspirations to expand its presence in the LNG exports sector.
China’s LNG imports slump for eighth month
China’s LNG imports have fallen on a year-on-year basis for the eighth consecutive month.
Iraq holds talks with Excelerate Energy on buying first LNG from US
Iraq is in the final stages of negotiating its first-ever purchase of LNG supplies as power outages hamper the Middle East country.
Russia’s switch to Murmansk after EU sanctions on LNG exports exposes fragile dependence on Western shipping – CREA
Russia’s attempt to reroute Arctic LNG exports through domestic waters following the European Union’s March 2025 transshipment ban has exposed a hidden vulnerability at the core of its energy strategy, Centre for Research on Energy and Clean Air.
Mexico's Ursus Energy wins concession to lead LNG export project
Mexican infrastructure and energy developer Ursus Energy has received approval to lead development of the Coatzacoalcos-PODEBI LNG plant, becoming the first fully Mexican company to enter the liquefied natural gas export sector.
Angola, US to advance cooperation in developing oil and gas, critical minerals and renewable energy
Angola’s Minister of Mineral Resources, Oil and Gas Diamantino Azevedo and US Secretary of Energy Chris Wright met on June 11 in Washington, D.C. to discuss cooperation in the oil and gas, critical minerals and renewable energy sectors.
Energy Transfer expands offtake agreement with Chevron for Lake Charles LNG volumes
Energy Transfer has expanded its offtake agreement with Chevron for the planned Lake Charles LNG project in Louisiana.
Cheniere approves next stage of expansion
Cheniere Energy has taken a final investment decision on the next stage of expansion at Corpus Christi LNG.
Gas Malaysia partners with UK’s Levidian to trial methane-to-hydrogen LOOP technology
Gas Malaysia Bhd (KL:GASMSIA) has signed a memorandum of understanding (MoU) with British climate technology firm Levidian to explore the deployment of Levidian’s LOOP system in Malaysia and the surrounding region
Indonesia’s upstream oil and gas contractor Kangean Energy rebuts environmental allegations
Kangean Energy Indonesia Ltd. (KEI), an upstream oil and gas contractor operating offshore in East Java, has denied allegations suggesting its operations have caused environmental damage or failed to support local communities
IEEFA warns Indonesia's gas expansion plan may cost state $60bn, undermine renewables push
Indonesia’s plan to add 10.3 gigawatts of gas-fired power capacity through 2034 may saddle the country with up to $60bn in fiscal costs, the Institute for Energy Economics and Financial Analysis (IEEFA) said on June 24
Nigeria’s largest container terminal marks arrival of its first LNG-powered vessel
Nigeria’s largest container terminal, APM Terminals Apapa, has received its first LNG-powered vessel.
IEA Report: LNG sector could cut 60% of emissions with $100 billion investment
The world’s LNG supply chain could slash its carbon footprint by 60% with an investment of about $100 billion.
Challenges to Woodfibre LNG’s floatel dismissed by Canada’s Federal Court
Two legal challenges to Woodfibre LNG’s “floatel” application to house workers on for the LNG project have been thrown out by Canada’s Federal Court.
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