energynews

Trump relaunches Alaskan pipeline project for Asia

Donald Trump confirmed his intention to finalise a major pipeline project in Alaska, aiming to supply natural gas to Asian countries such as Japan and South Korea. The project, one of the largest in the world, could strengthen the region's energy supply.

France, Europe’s main importer of Russian LNG in 2024

In 2024, France maintained its position as the leading importer of Russian liquefied natural gas (LNG) in Europe, despite an overall decline in its gas consumption.

Ireland approves the construction of its first offshore LNG terminal

The Irish government has greenlit the construction of an offshore liquefied natural gas (LNG) terminal, a key infrastructure to ensure the country's energy security in case of supply disruptions.
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Gas consumption in France falls by 5.5% in 2024, driven by reduced gas-fired power generation

Gas demand in France decreased by 5.5% in 2024, largely due to the reduction in gas-fired power generation, according to NaTran, the operator of the gas transmission network.

US LNG Exports to Europe Hit Record Levels in February 2025

In February 2025, US LNG exports to Europe reached a historic high, with the UK as the top importing country, as demand for natural gas continues to grow in the European market.

ChampionX receives EPA approval for methane leak detection technology

ChampionX announced that its Aerial Optical Gas Imaging (AOGI) platform has received EPA approval for the alternative methane testing method, enabling operators to better monitor fugitive methane emissions.
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Enbridge announces strategic investments to strengthen its energy infrastructure

Enbridge Inc. highlights a series of investments aimed at enhancing its energy capacity, with a solid growth vision through 2030, while maintaining an attractive return for its shareholders.

Algeria announces construction of 40 MW power plant in Niger

Algerian public company Sonelgaz will build a 40 MW power plant in Niger as part of a project aimed at strengthening energy cooperation between the two countries, following a memorandum of understanding signed in late February.

European gas prices drop due to hopes for a ceasefire in Ukraine and improving stock levels

European gas prices reach their lowest level in two months, supported by progress in Ukraine negotiations and slight improvement in gas reserves. The Dutch TTF futures contract falls 3.37% to €42.80.
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CEZ wins arbitration against Gazprom for over one billion crowns

Czech energy group CEZ has won an arbitration case against Russian company Gazprom, securing more than one billion crowns in damages for reduced gas deliveries in 2022.

Shell forecasts a 60% increase in global LNG demand by 2040

Global demand for liquefied natural gas (LNG) is expected to rise by 60% by 2040, driven by economic growth in Asia, emissions reduction efforts in industry and transport, and the impact of artificial intelligence, according to Shell.

European gas price volatility: a persistent challenge for competitiveness and cost of living

The European gas market is experiencing a period of volatility in 2025, with prices reaching their highest level in two years, adding pressure on businesses, consumers, and governments.
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Orca Energy repays its 60 million USD loan and signs a gas agreement in Tanzania

Orca Energy Group has fully repaid a 60 million USD loan from the International Finance Corporation (IFC) and signed an agreement with the Tanzania Petroleum Development Corporation (TPDC) and Tanzania Portland Cement Company (TPCC) for additional gas supply to the Wazo Hill plant in Tanzania.

ExxonMobil invests $200 million in Kipper 1B gas project in Australia

ExxonMobil, through its subsidiary Esso Australia Resources Pty Ltd, announces a $200 million investment in the Kipper 1B gas project, in partnership with Mitsui E&P Australia and Woodside Energy, to boost gas supply for the Australian market.

Naturgy sees its net profit drop by 4.3% in 2024 due to weak gas prices

Spanish energy group Naturgy reports a 4.3% decrease in net profit for 2024, impacted by weak gas prices, despite results surpassing initial expectations.
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Natural Gas: A Key Player in the Energy Transition Despite Economic and Environmental Challenges

Natural gas remains an essential part of the energy transition, supporting renewable energy while reducing emissions. However, challenges remain, particularly regarding carbon prices and the competitiveness of gas against coal.

Electrochaea Partners with Hitachi to Introduce Synthetic Methane in Japan

Electrochaea and Hitachi announce a strategic partnership aimed at introducing synthetic methane production technology to Japan, marking a significant milestone in the clean energy sector.

France Becomes Europe’s Leading Hub for Russian LNG Despite Restrictions

France’s imports of liquefied natural gas (LNG) from Russia surged by 81% between 2023 and 2024, reaching €2.68 billion. With its extensive port infrastructure, France has become the primary entry point for Russian LNG into Europe, marking a shift in the market landscape.
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TotalEnergies and ENI Secure a Strategic Gas Agreement Between Cyprus and Egypt

TotalEnergies and ENI have reached an agreement with Cyprus and Egypt to develop the Cronos gas field. This initiative aims to convert the resources of Block 6 into liquefied natural gas (LNG) for the European market, utilizing existing Egyptian infrastructure.

Kunlun Energy finalizes a ship-to-ship LNG bunkering in Hong Kong

The PetroChina subsidiary refuels 2,200 tons of Liquefied Natural Gas (LNG) for an international container ship, affirming Hong Kong’s strategic position. This breakthrough demonstrates regional cooperation and the expansion of LNG bunkering in Asia.