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Egypt secures 60 LNG cargoes from Shell and TotalEnergies in 2025
A 3-billion-dollar agreement has been negotiated between Egypt, Shell, and TotalEnergies for 60 LNG cargoes in 2025. The terms include an indexation on the Dutch TTF and staggered payments. Confirmation is still pending.
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Egypt secures 60 LNG cargoes from Shell and TotalEnergies in 2025
A 3-billion-dollar agreement has been negotiated between Egypt, Shell, and TotalEnergies for 60 LNG cargoes in 2025. The terms include an indexation on the Dutch TTF and staggered payments. Confirmation is still pending.
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European gas prices rise as reserves shrink
Gas prices in Europe continue their upward trend, driven by a sharp decline in reserves and an anticipated increase in demand. The end of Russian gas transit through Ukraine and unfavorable weather conditions are adding pressure to the market.
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European gas prices rise as reserves shrink
Gas prices in Europe continue their upward trend, driven by a sharp decline in reserves and an anticipated increase in demand. The end of Russian gas transit through Ukraine and unfavorable weather conditions are adding pressure to the market.
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Slovakia Restores Russian Gas Supply via TurkStream
Following the halt of gas deliveries through Ukraine, Slovakia now relies on the TurkStream pipeline and a route through Hungary to secure its supply. This decision aligns with its independent energy strategy despite geopolitical tensions in Europe.
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Slovakia Restores Russian Gas Supply via TurkStream
Following the halt of gas deliveries through Ukraine, Slovakia now relies on the TurkStream pipeline and a route through Hungary to secure its supply. This decision aligns with its independent energy strategy despite geopolitical tensions in Europe.
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ADNOC Gas posts record $5 billion profit in 2024
ADNOC Gas reports a net profit of $5 billion in 2024, marking a 13% year-on-year growth. The company strengthens its position with adjusted revenues of $24.43 billion and plans strategic investments through 2029. ##
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ADNOC Gas posts record $5 billion profit in 2024
ADNOC Gas reports a net profit of $5 billion in 2024, marking a 13% year-on-year growth. The company strengthens its position with adjusted revenues of $24.43 billion and plans strategic investments through 2029. ##
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McDermott completes Kikeh subsea gas lift project ahead of schedule
McDermott has successfully completed the transportation, installation, and commissioning of the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited. Conducted in deep waters off the coast of Sabah, East Malaysia, the project was completed in under eight months.
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McDermott completes Kikeh subsea gas lift project ahead of schedule
McDermott has successfully completed the transportation, installation, and commissioning of the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited. Conducted in deep waters off the coast of Sabah, East Malaysia, the project was completed in under eight months.
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Ukraine seeks to revive European interest in its gas storage
Facing declining interest from European companies in its gas storage capacity, state-owned operator UkrTransGaz is focusing on integrating into the European Union market and implementing measures to strengthen the competitiveness of its infrastructure despite security challenges.
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Ukraine seeks to revive European interest in its gas storage
Facing declining interest from European companies in its gas storage capacity, state-owned operator UkrTransGaz is focusing on integrating into the European Union market and implementing measures to strengthen the competitiveness of its infrastructure despite security challenges.
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ONEOK partners with MPLX to develop an LPG export terminal on the U.S. Gulf Coast
ONEOK and MPLX announce a collaboration to build an LPG export terminal on the U.S. Gulf Coast, strengthening their presence in the NGL sector.
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ONEOK partners with MPLX to develop an LPG export terminal on the U.S. Gulf Coast
ONEOK and MPLX announce a collaboration to build an LPG export terminal on the U.S. Gulf Coast, strengthening their presence in the NGL sector.
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Baker Hughes Signs a Technological Contract for Developing the Jafurah Field
Baker Hughes has secured an order from Tecnicas Reunidas for six gas compression trains and six propane compressors, key elements in the third expansion phase of the Jafurah field in Saudi Arabia.
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Baker Hughes Signs a Technological Contract for Developing the Jafurah Field
Baker Hughes has secured an order from Tecnicas Reunidas for six gas compression trains and six propane compressors, key elements in the third expansion phase of the Jafurah field in Saudi Arabia.
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Moldova Routes Gas to Transnistria Thanks to the EU
Moldova begins routing gas to Transnistria with the help of €30 million from the EU, ensuring supply until February 10 despite the energy crisis.
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Moldova Routes Gas to Transnistria Thanks to the EU
Moldova begins routing gas to Transnistria with the help of €30 million from the EU, ensuring supply until February 10 despite the energy crisis.
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Court overturns Shell and Equinor’s North Sea oil and gas field licenses
A Scottish court has overturned the licenses granted by British authorities to Shell and Equinor to develop two oil and gas fields in the North Sea, prompting a delay in their exploitation and requiring new environmental assessments.
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Court overturns Shell and Equinor’s North Sea oil and gas field licenses
A Scottish court has overturned the licenses granted by British authorities to Shell and Equinor to develop two oil and gas fields in the North Sea, prompting a delay in their exploitation and requiring new environmental assessments.
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Baker Hughes secures a strategic contract for Venture Global LNG projects
Baker Hughes has signed a major contract to supply modular LNG systems and a power island, while also entering into a multi-year service agreement to support phases 1 and 2 of the Plaquemines LNG project in Louisiana.
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Baker Hughes secures a strategic contract for Venture Global LNG projects
Baker Hughes has signed a major contract to supply modular LNG systems and a power island, while also entering into a multi-year service agreement to support phases 1 and 2 of the Plaquemines LNG project in Louisiana.
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GRTgaz becomes NaTran to mark its energy transition
GRTgaz renames itself NaTran to highlight its commitment to transforming its gas networks, aiming to become a key player in the transport of decarbonized gas by 2030. This change in identity accompanies an ambitious project to address energy and climate challenges.
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GRTgaz becomes NaTran to mark its energy transition
GRTgaz renames itself NaTran to highlight its commitment to transforming its gas networks, aiming to become a key player in the transport of decarbonized gas by 2030. This change in identity accompanies an ambitious project to address energy and climate challenges.
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Moldova: European Aid for the Gas Crisis in Transnistria Sparks Tensions
The separatist authorities of Transnistria accuse Chisinau of diverting the European aid of 30 million euros intended for gas purchases. Disagreements persist over the distribution of resources amid the ongoing energy crisis following the halt of Russian deliveries.
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Moldova: European Aid for the Gas Crisis in Transnistria Sparks Tensions
The separatist authorities of Transnistria accuse Chisinau of diverting the European aid of 30 million euros intended for gas purchases. Disagreements persist over the distribution of resources amid the ongoing energy crisis following the halt of Russian deliveries.
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Saneg reduces flaring to optimize gas flows in Uzbekistan
Saneg, in partnership with international players, transforms flared gas into a usable resource, reducing energy dependency while strengthening its position in a pressured energy market.
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Saneg reduces flaring to optimize gas flows in Uzbekistan
Saneg, in partnership with international players, transforms flared gas into a usable resource, reducing energy dependency while strengthening its position in a pressured energy market.
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Morocco: A €420 Million Project for a 990 MW Gas Power Plant
Morocco is investing in a 990 MW gas power plant, backed by local and international financing, to achieve strategic and economic objectives.
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Morocco: A €420 Million Project for a 990 MW Gas Power Plant
Morocco is investing in a 990 MW gas power plant, backed by local and international financing, to achieve strategic and economic objectives.
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Senegal: A Strategic Gas Pipeline to Monetize Resources from the GTA Project
The Investment Promotion Agency (APIX) and the Senegalese Gas Network (RGS SA) are formalizing a key partnership to develop a gas pipeline network, a crucial step to support the exploitation of the country's natural gas reserves.
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Senegal: A Strategic Gas Pipeline to Monetize Resources from the GTA Project
The Investment Promotion Agency (APIX) and the Senegalese Gas Network (RGS SA) are formalizing a key partnership to develop a gas pipeline network, a crucial step to support the exploitation of the country's natural gas reserves.
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Shell strengthens its position in the New England energy market
Shell has completed the acquisition of RISEC Holdings, consolidating its presence in the ISO New England market with a 609 MW combined-cycle power plant.
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Shell strengthens its position in the New England energy market
Shell has completed the acquisition of RISEC Holdings, consolidating its presence in the ISO New England market with a 609 MW combined-cycle power plant.
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ExxonMobil and Qatar Energy Relaunch Gas Exploration in Cyprus
ExxonMobil and Qatar Energy begin a strategic drilling operation off the coast of Cyprus, targeting new natural gas deposits. This initiative reflects the European Union's quest to diversify its energy supply sources.
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ExxonMobil and Qatar Energy Relaunch Gas Exploration in Cyprus
ExxonMobil and Qatar Energy begin a strategic drilling operation off the coast of Cyprus, targeting new natural gas deposits. This initiative reflects the European Union's quest to diversify its energy supply sources.
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Growing Global Gas Demand Puts Pressure on Supply in 2025
Global natural gas markets will remain tight in 2025, with rising demand meeting slower supply growth. Geopolitical tensions could further exacerbate these market pressures.
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Growing Global Gas Demand Puts Pressure on Supply in 2025
Global natural gas markets will remain tight in 2025, with rising demand meeting slower supply growth. Geopolitical tensions could further exacerbate these market pressures.
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Gas Stock Levels in Europe: Increased Tensions and New Strategies
European gas reserves have dropped by more than 17% in one year, while the Title Transfer Facility (TTF) futures contract exceeds 50 euros/MWh. The European Union raises its storage targets to secure winter supply.
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Gas Stock Levels in Europe: Increased Tensions and New Strategies
European gas reserves have dropped by more than 17% in one year, while the Title Transfer Facility (TTF) futures contract exceeds 50 euros/MWh. The European Union raises its storage targets to secure winter supply.
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Algeria: Chevron Explores Offshore Oil Potential
Algeria partners with Chevron to evaluate hydrocarbon resources in its Mediterranean waters. This collaboration could reshape the country’s energy strategy and attract significant international investments.
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Algeria: Chevron Explores Offshore Oil Potential
Algeria partners with Chevron to evaluate hydrocarbon resources in its Mediterranean waters. This collaboration could reshape the country’s energy strategy and attract significant international investments.
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Chevron enters natural gas exploration in Greece
The American giant Chevron joins Greece's natural gas exploration sector, targeting resource-rich zones. This strategic initiative aligns with the expansion of hydrocarbon operations and strengthens Europe's energy independence.
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Chevron enters natural gas exploration in Greece
The American giant Chevron joins Greece's natural gas exploration sector, targeting resource-rich zones. This strategic initiative aligns with the expansion of hydrocarbon operations and strengthens Europe's energy independence.
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TotalEnergies: Mozambique LNG project remains suspended pending security guarantees
The Mozambique LNG project, led by TotalEnergies, remains frozen since 2021. The restart of this $20 billion gas mega-project depends on restoring security in the Cabo Delgado region and lifting the ""force majeure"" clause.
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TotalEnergies: Mozambique LNG project remains suspended pending security guarantees
The Mozambique LNG project, led by TotalEnergies, remains frozen since 2021. The restart of this $20 billion gas mega-project depends on restoring security in the Cabo Delgado region and lifting the ""force majeure"" clause.
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Gazprom, Transdniestrie, and the Energy Crisis in Moldova: Geopolitical and Economic Stakes
The Transdniestria region of Moldova faces a major energy crisis following Gazprom's suspension of gas deliveries. This situation highlights the economic and geopolitical tensions in the region.
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Gazprom, Transdniestrie, and the Energy Crisis in Moldova: Geopolitical and Economic Stakes
The Transdniestria region of Moldova faces a major energy crisis following Gazprom's suspension of gas deliveries. This situation highlights the economic and geopolitical tensions in the region.
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Moldova Faces Energy Crisis: The Dilemma of Isolated Villages
In Moldova, the end of Russian gas deliveries has plunged several villages under Moldovan control in Transnistria into a severe energy crisis, highlighting the logistical and economic challenges of an independent energy supply.
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Moldova Faces Energy Crisis: The Dilemma of Isolated Villages
In Moldova, the end of Russian gas deliveries has plunged several villages under Moldovan control in Transnistria into a severe energy crisis, highlighting the logistical and economic challenges of an independent energy supply.
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Natural Gas-Powered Data Center in Alberta: 25-Year Contract Signed
A private company partners with Pine Cliff Energy to secure natural gas supply for an off-grid data center in Alberta under a 25-year contract based on NYMEX market prices.
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Natural Gas-Powered Data Center in Alberta: 25-Year Contract Signed
A private company partners with Pine Cliff Energy to secure natural gas supply for an off-grid data center in Alberta under a 25-year contract based on NYMEX market prices.
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