GLNG - Global LNG

Oman’s Block 61 to feed fourth LNG train

Oman’s Block 61 is expected to significantly contribute to the development of a proposed fourth LNG train at Sur

Turkey’s Russian crude imports drop fourfold, following spike in Russian LNG imports

Turkey’s imports of Russian crude oil reportedly contracted 4fold in February following the January 10 US-led tightening of sanctions on Moscow’s energy exports that hit energy companies and more than 180 "shadow fleet" tankers.

Europe sees further climb in gas prices in February, amid record storage withdrawals

European gas prices rose by 5% in February, reaching an average of $542 per 1,000 cubic metres, driven by record-high storage withdrawals and reduced wind power generation.

Inpex says demand exceeds output for Abadi LNG project

Japan’s largest oil and gas developer Inpex says demand among potential buyers exceeds current output for its Indonesian Abadi LNG project.

Ukraine’s DTEK expected to sign LNG import deal by April

Ukraine’s biggest private energy firm DTEK is holding negotiations with a handful of suppliers over a two-year LNG import contract.

UAE’s ADNOC signs LNG supply deal with Osaka Gas

ADNOC has announced the signing of a deal to supply up to 0.8mn tpy of LNG to Japanese utility Osaka Gas.

Russian LNG exports down 7.3% in January

Russia's LNG exports fell by 7.3% year-on-year to 5.1mn tonnes in the first two months of 2025, according to preliminary data from LSEG on February 28.

Indonesia’s energy future hinges on stronger upstream-downstream collaboration

Strengthening coordination between upstream and downstream sectors is essential to ensuring Indonesia’s natural gas supply remains stable and sustainable, industry experts emphasised during the EITS Discussion Series 2025 in Jakarta on February 26

Eni and Petronas form joint venture to manage energy assets in Southeast Asia

Italian energy giant Eni and Malaysia’s state-owned firm Petronas have formalised an agreement to establish a joint venture that will oversee upstream operations in Indonesia and Malaysia, the companies announced on February 27

North Macedonia to sign deal for construction of gas interconnector with Greece in March

North Macedonia’s Prime Minister, Hristijan Mickoski, announced that the country expects to sign the agreement to commence construction of the gas interconnector with Greece in March.

Russia and China remain rivals in the Arctic, and now the US is knocking at the door

Russia and China’s “no limits” partnership has strengthened considerably over the past three years. They have been driven together by the geopolitical clash between East and West. But there is one place they remain rivals: the Arctic.

Trinidad and Tobago seeks US extension to allow Shell to develop gas field

Trinidad and Tobago will seek an extension from the US government for a licence that allows Shell and the National Gas Company to develop the Dragon gas field project in Venezuelan waters.

Woodside sees LNG demand outstripping supply in 2030s amid project delays

Woodside Energy expects global LNG demand to outstrip supply into the 2030s as delays push nearly 30mn tonnes per year of new capacity into the next decade.

China’s stare-down of Trump’s energy tariffs will not end well – for the US

In a swift response to President Donald Trump's imposition of a 10% tariff on Chinese imports, Beijing has retaliated by levying tariffs on US energy exports. The Chinese government announced a 15% tariff on US coal and LNG, alongside 10% on crude.

South African Sasol rules out LNG as possible feedstock for its operations

Colombia's Ecopetrol to enhance gas imports amid domestic shortfall

Ecopetrol SA plans to address Colombia's declining natural gas reserves by developing two import facilities operational by next year. These terminals aim to bridge the domestic supply gap until offshore Caribbean wells commence production.

Global LNG demand to surge 60% by 2040 on Asian economic growth

Global demand for LNG is expected to rise by around 60% by 2040, driven by economic growth in Asia, emissions reductions in heavy industry and transport and the increasing energy requirements of AI.

Mexico's reliance on US gas to grow despite trade uncertainties, Fitch says

Mexico's reliance on American natural gas imports is set to deepen over the coming years as domestic production falters and demand surges, according to a recent assessment from Fitch Ratings.

Japan's Shizuoka Gas to acquire stake in US shale gas project

Japan-based Shizuoka Gas Co. Ltd. has signed a heads of agreement with TG Eagle Ford Resources LP, a subsidiary of Tokyo Gas America Ltd., to acquire a 25% interest in the eagle Ford play in Texas.

Nigerian LNG producer to compensate Vitol and Glencore $380mn

Nigeria LNG has been ordered by a London court to pay $380mn in compensation to energy and commodity traders Glencore and Vitol for failure to deliver 19 ordered cargoes.

Cyprus sees progress in development of offshore gas resources

In recent weeks several agreements and understandings have been reached between the Republic of Cyprus and the parties involved in the development of its offshore gas fields.

Tokyo Gas completes purchase of 20% stake in Philippines LNG terminal

Japan’s largest gas supplier Tokyo Gas has concluded the acquisition of a 20% stake in the First Gen’s LNG terminal located in Batangas City, Philippines.

Venture Global gets permission to expand Plaquemines LNG facility

US LNG producer Venture Global has been given authorisation from federal regulators to expand export capacity at its Louisiana-based Plaquemines LNG facility.

Colombia's Ecopetrol moves to mitigate gas deficit with imports

Ecopetrol SA aims to counter Colombia’s declining natural gas reserves by establishing two import terminals set to commence operations next year

INTERVIEW: Integrating AI with data and experience

AI is rapidly gaining traction in the oil, gas, and renewable energy sectors, as companies seek cost reductions, emissions control and safety improvements.