Increasing LNG export capacity in the USA closely links the US market to world gas prices, with strong international demand underpinning high utilization of US terminals.
Increasing LNG export capacity in the USA closely links the US market to world gas prices, with strong international demand underpinning high utilization of US terminals.
Texas LNG Brownsville, piloted by Glenfarne Energy Transition, is committed to supplying 0.5 million tonnes of LNG per year to Gunvor Group over 20 years. This ambitious project for a four-million-ton-per-year export facility is scheduled to start construction in 2024 and commercial operations in 2028.
Texas LNG Brownsville, piloted by Glenfarne Energy Transition, is committed to supplying 0.5 million tonnes of LNG per year to Gunvor Group over 20 years. This ambitious project for a four-million-ton-per-year export facility is scheduled to start construction in 2024 and commercial operations in 2028.
In Europe, price differentials between Liquefied Natural Gas (LNG) and future contracts at the Dutch gas hub TTF have narrowed, reflecting an increase in market competitiveness.
In Europe, price differentials between Liquefied Natural Gas (LNG) and future contracts at the Dutch gas hub TTF have narrowed, reflecting an increase in market competitiveness.
Chinese oil and gas companies PetroChina, Sinopec and CNOOC have announced lower gas contract prices for the years 2024-2025, aimed at strengthening their competitiveness in the face of falling spot LNG prices.
Chinese oil and gas companies PetroChina, Sinopec and CNOOC have announced lower gas contract prices for the years 2024-2025, aimed at strengthening their competitiveness in the face of falling spot LNG prices.
In Colombia, the conversion of vehicles to natural gas is gathering pace as the country's first left-wing government abolishes gasoline subsidies, offering tax incentives for natural gas vehicles.
In Colombia, the conversion of vehicles to natural gas is gathering pace as the country's first left-wing government abolishes gasoline subsidies, offering tax incentives for natural gas vehicles.
The UK plans to build new gas-fired power stations, citing energy security as the reason. A decision that has sparked debate about the country's climate impact and environmental ambitions.
The UK plans to build new gas-fired power stations, citing energy security as the reason. A decision that has sparked debate about the country's climate impact and environmental ambitions.
Russian President Vladimir Putin orders the seizure of OMV and Wintershall Dea's stakes in Arctic gas projects, marking a turning point in international economic relations.
Russian President Vladimir Putin orders the seizure of OMV and Wintershall Dea's stakes in Arctic gas projects, marking a turning point in international economic relations.
Mubadala Energy of the United Arab Emirates announces a significant deepwater gas discovery in Indonesia's South Andaman Block, a major step forward for Southeast Asia's energy security.
Mubadala Energy of the United Arab Emirates announces a significant deepwater gas discovery in Indonesia's South Andaman Block, a major step forward for Southeast Asia's energy security.
A landmark agreement between Equinor and SEFE for the supply of natural gas underlines the growing trend in Europe to secure new long-term gas purchase contracts in the face of growing concerns about energy security.
A landmark agreement between Equinor and SEFE for the supply of natural gas underlines the growing trend in Europe to secure new long-term gas purchase contracts in the face of growing concerns about energy security.
The winter heating season in the United States, initially marked by a downward trend, has reached a turning point with the first major decline in natural gas inventories, stimulated by a late cold snap in November.
The winter heating season in the United States, initially marked by a downward trend, has reached a turning point with the first major decline in natural gas inventories, stimulated by a late cold snap in November.
The Loire-Atlantique prefecture has rejected a controversial project for a giant methanizer at Corcoué-sur-Logne, sparking debate on the balance between renewable energy and local impacts.
The Loire-Atlantique prefecture has rejected a controversial project for a giant methanizer at Corcoué-sur-Logne, sparking debate on the balance between renewable energy and local impacts.
Faced with the challenges of decarbonization, Europe is turning to long-term LNG contracts to guarantee its energy security, despite persistent price volatility.
Faced with the challenges of decarbonization, Europe is turning to long-term LNG contracts to guarantee its energy security, despite persistent price volatility.
Japan announces JERA as the first supplier of its new liquefied natural gas (LNG) buffer storage system, aimed at strengthening national energy security.
Japan announces JERA as the first supplier of its new liquefied natural gas (LNG) buffer storage system, aimed at strengthening national energy security.