Ørsted inaugurates the FlagshipONE project in Sweden, ushering in a green era for marine navigation. This major project aims to produce e-methanol on a large scale, meeting the growing demand for green marine fuels.

Gasum, the main Finnish state-owned gas distribution company, has decided to terminate its natural gas purchase contract with Gazprom Export, Gazprom's export subsidiary in Russia. This decision follows an ongoing dispute over payments and interruptions in pipeline gas deliveries since May 2022.

Global demand for U.S. LNG exports is driving gas market expansion in the near term, but growth will slow in the 2030s due to the transition to renewable energy. However, natural gas will continue to play a crucial role in the energy transition.

Russian state-owned giant Gazprom has reported a 41.4% drop in net profit in 2022, to 14.2 billion euros, due to a drop in gas exports to Europe as a result of the conflict in Ukraine, heavily impacted by Western sanctions.

The Biden administration is stirring up controversy by supporting the Mountain Valley Pipeline project despite environmental criticism. This decision may be seen as a setback for environmentalists who have been calling for bolder action against climate change.

European natural gas prices are hitting a new low due to comfortable storage levels and rising temperatures, while the European Union is trying to prevent a further price spike by launching bulk gas purchases to replenish stocks before winter.

Qatar Energy awards contract to Technip Energies and CCC for the construction of two LNG trains in the North Field South. This milestone reinforces Qatar's commitment to meeting global natural gas demand and achieving its CO2 capture and sequestration targets.

Cyprus and Israel are discussing a pipeline linking their gas fields, but Cyprus' energy minister is suggesting a maritime corridor for the transport of liquefied gas instead, stressing the importance of natural gas supply and the search for efficient alternatives.

Natural gas prices in Spain continue to fall, reinforcing its position as the cheapest European market. Exports to France are increasing while domestic demand is growing.

Eni has successfully unloaded the first LNG cargo at the new Snam regasification terminal in Piombino. This acquisition of regasification capacity is part of Eni's strategy to diversify LNG supplies in Italy.