energynews

Keyera acquires Plains’ Canadian operations for 5.15 billion dollars

Energy company Keyera acquires Plains' Canadian natural gas liquids assets in a strategic transaction valued at 5.15 billion dollars, consolidating its presence across the Canadian energy corridor and optimising its operational infrastructure.

ORLEN boosts LPG import capacity with major investment

ORLEN Paliwa has doubled storage capacities and increased annual LPG handling by 65% in Szczecin, now reaching 400,000 tonnes following an investment exceeding PLN 150 million ($36.5mn).

Serbia negotiates gas deal with Gazprom at competitive European price

Belgrade is currently finalising a new gas contract with Russia, promising Europe's lowest tariff, according to Srbijagas General Director Dusan Bajatovic, despite Europe's aim to eliminate Russian imports by 2027.
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Europe’s gas demand: Ember forecasts 7% decline by 2030

A report by think tank Ember forecasts a significant drop in European gas demand by 2030, highlighting potential financial risks for new gas infrastructure currently under development.

TotalEnergies and QatarEnergy secure strategic exploration licence in Algeria

TotalEnergies and QatarEnergy have won the Ahara exploration licence, marking a new stage in their partnership with SONATRACH on a vast area located between Berkine and Illizi.

TotalEnergies plans to restart its Mozambique gas project by summer 2025

After four years of interruption due to regional insecurity, TotalEnergies announces the upcoming resumption of its liquefied natural gas project in Mozambique, representing a $20bn investment.
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TotalEnergies strengthens Malaysian foothold with new offshore blocks

The French group has acquired from PETRONAS stakes in several licences covering more than 100,000 km² off Malaysia and Indonesia, consolidating its Asian presence and its exposure to the liquefied natural gas market.

Egypt secures 290 LNG shipments to meet summer demand

In response to rising summer electricity consumption, Egypt signs import agreements covering 290 shipments of liquefied natural gas, involving major international firms, with financial terms adjusted to the country’s economic constraints.

Egypt: fertilizer companies halted after suspension of Israeli gas

Egyptian fertilizer producers suspended their activities due to reduced imports of Israeli gas, following recent production halts at Israel's Leviathan and Karish gas fields after Israeli strikes in Iran.
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Emissions expected to surge in Texas with 130 gas plant projects

A report identifies 130 gas power plant projects in Texas that could raise emissions to 115 million tonnes per year, despite analysts forecasting limited short-term realisation.

JERA plans 30% US LNG share in its portfolio by 2035

Japanese giant JERA will significantly increase its reliance on US liquefied natural gas through major new contracts, reaching 30% of its supplies within roughly ten years.

U.S. LNG Exports Drive Natural Gas Prices Higher

Sustained growth in U.S. liquefied natural gas exports is leading to significant price increases projected for 2025 and 2026, as supply struggles to keep pace with steadily rising demand, according to recent forecasts.
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Shell plans additional 12 million tonnes of LNG capacity by 2030

Shell is expanding its global Liquefied Natural Gas (LNG) capacities, primarily targeting markets in Asia and North America, to meet rising demand anticipated by the end of the decade.

Intense Heat in Asia Boosts U.S. LNG Exports

Above-average summer temperatures in Asia are significantly boosting demand for American liquefied natural gas, offsetting a potential slowdown in Europe and opening new commercial opportunities for U.S. exporters.

Duke Energy invests in 1,400 MW gas power plant in South Carolina

Duke Energy plans a strategic investment in a natural gas power plant in Anderson, marking its first request for new electricity generation in South Carolina in over ten years.
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Adnoc Gas awards $5bn in contracts to expand gas infrastructure

Adnoc Gas commits $5bn to the first phase of its Rich Gas Development project to boost profitability and processing capacity at four strategic sites in the United Arab Emirates.

Brussels proposes to ban all transactions related to Nord Stream gas pipelines

The European Commission aims to prevent any return of Russian gas via Nord Stream and Nord Stream 2 with a total transaction ban, part of its 18th sanctions package against Moscow.

Argentina speeds up shale development while Mexico assesses gas potential

Argentina expands its capacity around Vaca Muerta as Mexico explores the prospects of exploiting unconventional resources to meet its 2030 energy targets.
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Petredec launches LPG terminal in Tanga to structure regional supply

Petredec Group begins construction of a gas terminal in Chongoleani, Tanzania, scheduled for commissioning by 2027, to strengthen LPG import and logistics across East Africa.

Global LNG terminals market to reach $13.15bn by 2030

The liquefied natural gas (LNG) terminals market is projected to grow 67% by 2030, driven by global energy demand, liquefaction capacity, and supply diversification strategies.