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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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Word leaks of $43bn US-Turkey LNG deal ahead of Trump-Erdogan meeting at White House
Agreement would cover imports through 2045.
Petronas wins appeal in gas payment dispute with Shell MDS
Petronas has welcomed a court ruling that overturned a High Court decision allowing Shell MDS to suspend its monthly gas payments to the Malaysian state-owned energy company
Ultra Gas & Energy to invest in 100 LNG outlets in India
Ultra Gas & Energy Ltd (UGEL), an Essar venture, has announced plans to scale its liquefied natural gas (LNG) retail network to 100 outlets across India with an investment of INR9bn ($108mn)
Chevron eyes acquiring European regasification terminals
US supermajor Chevron has opened discussions to purchase regasification terminals in Europe.
Argentina's Vaca Muerta set to eclipse agriculture national top currency earner
Argentina's Vaca Muerta shale formation is positioned to overtake agriculture as the nation's primary foreign currency source, with energy exports reaching record levels whilst transforming the country's economic landscape.
World's leading producers continue output plans above Paris deal compatibility
Many of the world’s major fossil fuel producers plan oil, gas and coal extraction far beyond levels compatible with the Paris Agreement.
EU eyes full ban on deals with Russia's Rosneft and Gazprom Neft
The EU plans to impose a full ban on transactions with Russian state oil majors Rosneft and Gazprom Neft as part of its planned 19th package of sanctions.
China cuts Russian LNG imports by fifth in Jan-Aug
BP sparks hope for South Korea’s offshore gas
BP plc, the UK-based oil and gas giant, has submitted a bid to develop offshore gas reserves in South Korea’s East Sea, signalling renewed optimism for the nation’s long-delayed energy ambitions despite the collapse of its flagship prospect.
Leaking butane in Malaysia neutralised with second flare deployment
A second portable flare is being installed on September 21 at Section 5 of the East Coast Rail Link (ECRL) site near Kemaman, where a Petronas Gas Berhad (PGB) pipeline has been leaking butane gas
New Fortress Energy and Puerto Rico agree on long-term LNG supply deal
US firm New Fortress Energy has inked a 7-year LNG supply deal with the Puerto Rico Public-Private Partnerships Authority and the Third-Party Procurement Office.
Democratic Senators push Trump to ramp up targeted sanctions on Russian LNG
Calls are mounting by Democratic senators for US President Donald Trump to increase targeted sanctions on Russia’s LNG sector.
Sri Lanka connects Kerawalapitiya LNG power plant to national grid
The project was inaugurated by Prime Minister Harini Amarasuriya. Speaking at the event, Amarasuriya said her government was determined to ensure Sri Lanka achieved “the lowest electricity prices in the region."
EU plans to move forward Russian LNG import ban in new sanctions package
The EU is considering moving ahead one year its ban on Russian LNG imports to come into force at the start of 2027.
Oil India says $20bn Mozambique LNG project to restart by December as Islamist rebellion eases
State-owned Oil India expects a $20bn Mozambican liquefied natural gas (LNG) project in which it holds 10% interest to resume development by December
Indian LNG imports down 5.5% in August
India’s liquefied natural gas (LNG) imports dropped in August 2025, reaching 2.89bn cubic metres (bcm), down 5.5% year-on-year, according to the latest provisional data from the Government of India
Belgium's Exmar secures Colombia LNG import deal for Buenaventura project
Belgian shipping group Exmar signed a five-year contract to deploy a floating storage unit for Colombia's LNG import infrastructure on the Pacific coast, as the country addresses mounting natural gas supply concerns.
Estonia approves full ban on Russian LNG imports from 2026
Singapore’s PIL names LNG vessel in Ghana, boosting Asia-Africa trade
Singapore’s Pacific International Lines (PIL) has named its first liquefied natural gas dual-fuel container vessel in Ghana, underscoring the Asian shipping giant’s push to deepen trade and logistics links between West Africa and Asia.
Canada’s Ksi Lisims LNG obtains regulatory approvals
The proposed Ksi Lisims LNG project in British Columbia has received two separate regulatory approvals.
Nigeria clears $18.2bn in oil and gas field development plans to lift output
The $18.2bn worth of approvals mark among the largest investment commitments in Nigeria's O&G sector since the 2021 Petroleum Industry Act (PIA) was adopted, underpinning the target to raise crude capacity above 3mn bpd.
Egypt secures deal with Eni to export Cyprus’ Cronos gas field output
Egypt has agreed with Italy’s energy major Eni to re-export the entire production of Cyprus’ deepwater Cronos gas field in the Eastern Mediterranean
Sri Lanka connects first LNG power plant to national grid
Sri Lanka’s Kerawalapitiya Sobadhanavi LNG Power Plant has been formally connected to the national grid, marking a milestone in the country’s energy development
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