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The global gas balance remains precarious in 2024, with modest LNG production growth despite record demand. Geopolitical tensions sustain price volatility in European and Asian markets.
The global gas balance remains precarious in 2024, with modest LNG production growth despite record demand. Geopolitical tensions sustain price volatility in European and Asian markets.
McDermott has signed an engineering, procurement, construction, and installation (EPCI) contract with QatarEnergy LNG for the North Field South project, thereby strengthening its presence in Qatar's energy sector.
McDermott has signed an engineering, procurement, construction, and installation (EPCI) contract with QatarEnergy LNG for the North Field South project, thereby strengthening its presence in Qatar's energy sector.
Wholesale electricity prices in the western United States are rising due to an unprecedented heat wave, leading to record-breaking demand forecasts and weather advisories in Southern California and the Southwest.
Wholesale electricity prices in the western United States are rising due to an unprecedented heat wave, leading to record-breaking demand forecasts and weather advisories in Southern California and the Southwest.
The new Alexandroupolis LNG terminal in Greece strengthens energy diversification in Eastern Europe, thereby reducing regional dependence on Russian gas and increasing supply security.
The new Alexandroupolis LNG terminal in Greece strengthens energy diversification in Eastern Europe, thereby reducing regional dependence on Russian gas and increasing supply security.
New Zealand Energy Corp. has started drilling the Tariki-5 well in partnership with L&M Energy. Monumental Energy, a shareholder in the company, is closely monitoring this new step aimed at boosting gas production in the Taranaki region.
New Zealand Energy Corp. has started drilling the Tariki-5 well in partnership with L&M Energy. Monumental Energy, a shareholder in the company, is closely monitoring this new step aimed at boosting gas production in the Taranaki region.
McDermott, in partnership with Saipem and China Petroleum Engineering, will lead the preliminary design of the first phase of the Rovuma LNG project, backed by ExxonMobil, Eni, and CNODC. The project aims for an annual production of 18 million tons of LNG.
McDermott, in partnership with Saipem and China Petroleum Engineering, will lead the preliminary design of the first phase of the Rovuma LNG project, backed by ExxonMobil, Eni, and CNODC. The project aims for an annual production of 18 million tons of LNG.
India has decided not to purchase gas from the Arctic LNG 2 project due to sanctions. This decision further isolates Russia from major Asian markets and could redefine LNG flows in the region.
India has decided not to purchase gas from the Arctic LNG 2 project due to sanctions. This decision further isolates Russia from major Asian markets and could redefine LNG flows in the region.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
TotalEnergies continues its strategy of growth in the liquefied natural gas sector by acquiring a 45% stake in Lewis Energy Group’s assets located in the Eagle Ford Basin, Texas. This acquisition is part of a series of recent moves aimed at strengthening its position in the U.S. market, already supported by its presence in the Cameron LNG liquefaction plant in Louisiana. By targeting the Eagle Ford Basin, the group gains access to an existing dry gas production, allowing it to optimize its LNG export capabilities.
TotalEnergies continues its strategy of growth in the liquefied natural gas sector by acquiring a 45% stake in Lewis Energy Group’s assets located in the Eagle Ford Basin, Texas. This acquisition is part of a series of recent moves aimed at strengthening its position in the U.S. market, already supported by its presence in the Cameron LNG liquefaction plant in Louisiana. By targeting the Eagle Ford Basin, the group gains access to an existing dry gas production, allowing it to optimize its LNG export capabilities.
Venture Global LNG reçoit le soutien de la Federal Energy Regulatory Commission (FERC) concernant des accusations de non-respect de ses engagements de livraison de gaz naturel liquéfié (GNL), malgré des différends contractuels en cours avec des entreprises comme Shell et BP.
Venture Global LNG reçoit le soutien de la Federal Energy Regulatory Commission (FERC) concernant des accusations de non-respect de ses engagements de livraison de gaz naturel liquéfié (GNL), malgré des différends contractuels en cours avec des entreprises comme Shell et BP.