GLNG - Global LNG

ExxonMobil says world will fail to meet Paris goal in 2050

Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.

Workers at two Chevron LNG plants in Australia to strike from September 7

Unions at Chevron’s two large Australian LNG facilities have stated they will take industrial action beginning September 7.

Colombia cancels tender for Pacific LNG regasification project

The competitive bidding process for Colombia's proposed Pacific LNG regasification project has been invalidated due to insufficient interest, the government’s Mining and Energy Planning Unit (UPME) announced on August 28.

Colombia increases LNG imports amid fears over El Niño

The Latin America had already bought 309,000 tonnes of LNG as of August 28, almost 60% higher than in the whole of 2022.

Cyprus rejects Chevron’s Aphrodite development plan

A further delay in developing the Aphrodite gas field has come due to the Cypriot government’s rejection of a development plan for the island’s main offshore hydrocarbon resource proposed this summer by Chevron and its partners Shell and NewMed.

BRICS+: what could this future political alliance mean for oil and gas markets?

Gazprom ships first LNG cargo from Baltic plant using Northern Sea Route

GLNG: Kinetiko considers secondary listing to fund South African LNG plans

Kinetiko considers secondary listing to fund South African LNG plans

Australia’s Kinetiko Energy is debating listing on a secondary stock exchange in either London or Johannesburg in order to secure additional funds for its LNG development plans in South Africa, CEO Nick de Blocq said.

LNG trader Gunvor reports lower net profit and volumes in first half

Gunvor, the Geneva-headquartered energy and LNG trader, reported a lower net profit and volumes of the super-chilled fuel in the first half of 2023.

Protest erupts against Krk LNG terminal expansion

Shell to pump INR35bn into renewable power, LNG imports and EV charging in India

This substantial infusion of funds aims to establish a multi-faceted energy ecosystem comprising renewable energy infrastructure, electric vehicle charging stations, and a cutting-edge liquefied natural gas regasification terminal.

Russia stems gas output decline in July

The year-on-year decline in Russian natural gas production in 2023 continued to slow in July, state statistics cited by the Moscow-based Vedomosti newspaper on August 24 showed, in part reflecting a recovery in exports to the European market.

Delays to Baltic coast LNG terminal spark concerns in Germany

Concerns are mounting in Germany that a second planned LNG terminal near the island of Rugen may not begin operating before winter as the project faces stiff opposition from the nearest town and environmental groups.

Completion of Serbia-Bulgaria gas pipeline expected in October

ADNOC inks 5-year LNG supply deal with Japan’s JAPEX

Abu Dhabi National Oil Company (ADNOC) has reached agreement with Japan Petroleum Exploration Co (JAPEX) to supply it with LNG on a five-year deal Reuters reported on August 17.

GLNG: Key LNG supplier Australia braces for disruption as strikes loom at three plants

Key LNG supplier Australia braces for disruption as strikes loom at three plants

Major LNG exporter Australia could see disruption to its exports in the coming weeks as workers at three LNG facilities are considering industrial action Reuters reports.

Cheniere Energy reaches deal with BASF to supply LNG

Houston-headquartered Cheniere Energy has come to agreement with German chemical company BASF to supply it with 0.8mn tonnes per year of LNG.

South Africa-focused natural gas explorer Kinetiko Energy executes deal to advance LNG project

Poland's Orlen books LNG cargoes from planned second import terminal

Germany to investigate finances of private LNG project developer

Hungary's MVM strikes deal for Turkish gas supply

Iraq considers tapping Qatari gas

Energy Transfer seeks new export licence for Lake Charles LNG

Midstream player Energy Transfer has requested a new, expedited export licence for its proposed Lake Charles LNG export terminal in Louisiana, according to a filing with the US Department of Energy.