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The demand for natural gas in the United States reaches a new peak in 2024, despite decarbonization ambitions
Natural gas consumption in the United States increased by nearly 5% over the first nine months of 2024, despite federal initiatives to promote renewable energy, reinforcing the country's key role in the global energy sector.
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The demand for natural gas in the United States reaches a new peak in 2024, despite decarbonization ambitions
Natural gas consumption in the United States increased by nearly 5% over the first nine months of 2024, despite federal initiatives to promote renewable energy, reinforcing the country's key role in the global energy sector.
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Increase in Offshore Project Costs at Equinor, Aker BP and Vår Energi
Norwegian energy companies Equinor, Aker BP and Vår Energi see their offshore oil and gas projects undergo significant cost increases, mainly due to inflation, delays and currency fluctuations.
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Increase in Offshore Project Costs at Equinor, Aker BP and Vår Energi
Norwegian energy companies Equinor, Aker BP and Vår Energi see their offshore oil and gas projects undergo significant cost increases, mainly due to inflation, delays and currency fluctuations.
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Europe strengthens its winter gas preparedness despite the Ukraine-Russia agreement
Europe makes significant progress in securing its gas supplies for winter, even with the imminent end of the gas transit agreement between Ukraine and Russia.
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Europe strengthens its winter gas preparedness despite the Ukraine-Russia agreement
Europe makes significant progress in securing its gas supplies for winter, even with the imminent end of the gas transit agreement between Ukraine and Russia.
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Japan, South Korea, and Italy: Towards Strategic Cooperation in the LNG Market
Japan, South Korea, and Italy are strengthening their cooperation in the LNG sector, with key partnerships to secure supplies and optimize costs.
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Japan, South Korea, and Italy: Towards Strategic Cooperation in the LNG Market
Japan, South Korea, and Italy are strengthening their cooperation in the LNG sector, with key partnerships to secure supplies and optimize costs.
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Massive Gas Discovery in Colombia: A Turning Point for Energy Reserves
The discovery of a vast natural gas deposit in the Colombian Caribbean could double the country's energy reserves, according to Ecopetrol and Petrobras.
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Massive Gas Discovery in Colombia: A Turning Point for Energy Reserves
The discovery of a vast natural gas deposit in the Colombian Caribbean could double the country's energy reserves, according to Ecopetrol and Petrobras.
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Global Gas Balance Remains Fragile Amid Limited LNG Growth IEA
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.
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Global Gas Balance Remains Fragile Amid Limited LNG Growth IEA
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.
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McDermott Secures EPCI Contract from QatarEnergy LNG for the North Field South Project
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.
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McDermott Secures EPCI Contract from QatarEnergy LNG for the North Field South Project
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.
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Electricity prices rise in the US West as record-breaking heat wave prompts advisories
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.
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Electricity prices rise in the US West as record-breaking heat wave prompts advisories
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.
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The Alexandroupolis LNG Terminal Redefines Energy Security in Europe
The new Alexandroupolis LNG terminal in Greece strengthens energy diversification in Eastern Europe, thereby reducing regional dependence on Russian gas and increasing supply security.
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The Alexandroupolis LNG Terminal Redefines Energy Security in Europe
The new Alexandroupolis LNG terminal in Greece strengthens energy diversification in Eastern Europe, thereby reducing regional dependence on Russian gas and increasing supply security.
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Monumental Energy Supports the Drilling of the Tariki-5 Gas Well in New Zealand
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.
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Monumental Energy Supports the Drilling of the Tariki-5 Gas Well in New Zealand
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.
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McDermott Wins FEED Contract for Rovuma LNG Project in Mozambique
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.
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McDermott Wins FEED Contract for Rovuma LNG Project in Mozambique
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.
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India Excludes Arctic LNG 2: Consequences for the Asian Energy Market
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.
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India Excludes Arctic LNG 2: Consequences for the Asian Energy Market
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.
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U.S. Natural Gas Prices Hit 14-Week High Following Hurricane Helene’s Disruption
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.
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U.S. Natural Gas Prices Hit 14-Week High Following Hurricane Helene’s Disruption
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.
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TotalEnergies Increases its Gas Assets in the Eagle Ford Basin
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.
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TotalEnergies Increases its Gas Assets in the Eagle Ford Basin
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.
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US Regulators Support Venture Global LNG Despite Disputes Over LNG Deliveries
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.
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US Regulators Support Venture Global LNG Despite Disputes Over LNG Deliveries
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.
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ExxonMobil secures 20-year access to new Guangdong LNG terminal
Guangdong LNG terminal begins commercial operations. ExxonMobil gains access to 1.8 million tons per year under a 20-year agreement with Guangdong Energy Group, marking a strategic milestone for its energy supply in China.
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ExxonMobil secures 20-year access to new Guangdong LNG terminal
Guangdong LNG terminal begins commercial operations. ExxonMobil gains access to 1.8 million tons per year under a 20-year agreement with Guangdong Energy Group, marking a strategic milestone for its energy supply in China.
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Kamala Harris faces natural gas producers in Pennsylvania
Natural gas producers are urging Kamala Harris to clarify her position on LNG exports and industry regulation, while uncertainty persists over political decisions relating to hydraulic fracturing.
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Kamala Harris faces natural gas producers in Pennsylvania
Natural gas producers are urging Kamala Harris to clarify her position on LNG exports and industry regulation, while uncertainty persists over political decisions relating to hydraulic fracturing.
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Belgium calls for coordinated ban on Russian LNG in Europe
Belgium is pushing the European Union to adopt a coordinated ban on imports of Russian liquefied natural gas (LNG), arguing for a legal basis to speed up the phase-out of fossil fuels from Russia.
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Belgium calls for coordinated ban on Russian LNG in Europe
Belgium is pushing the European Union to adopt a coordinated ban on imports of Russian liquefied natural gas (LNG), arguing for a legal basis to speed up the phase-out of fossil fuels from Russia.
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France: Saint-Avold abandons biomass for gas-fired conversion
The Saint-Avold power plant, initially slated for conversion to biomass, is to be converted to gas. A strategic decision to meet the power grid's need for flexibility while limiting costs.
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France: Saint-Avold abandons biomass for gas-fired conversion
The Saint-Avold power plant, initially slated for conversion to biomass, is to be converted to gas. A strategic decision to meet the power grid's need for flexibility while limiting costs.
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Technip and JGC carry out the engineering for the Rovuma LNG project in Mozambique
Technip and JGC Corporation have been commissioned to carry out the engineering for the Rovuma LNG project, an important milestone in the finalization of the project. The aim is to lay the foundations for a final investment decision expected in 2025.
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Technip and JGC carry out the engineering for the Rovuma LNG project in Mozambique
Technip and JGC Corporation have been commissioned to carry out the engineering for the Rovuma LNG project, an important milestone in the finalization of the project. The aim is to lay the foundations for a final investment decision expected in 2025.
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National Grid completes the sale of its UK gas network
National Grid concludes the sale of its remaining shares in National Gas Transmission, confirming its withdrawal from the gas sector to focus on electricity infrastructure.
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National Grid completes the sale of its UK gas network
National Grid concludes the sale of its remaining shares in National Gas Transmission, confirming its withdrawal from the gas sector to focus on electricity infrastructure.
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Shell wins bid for key gas block in Trinidad and Tobago
Trinidad and Tobago chooses Shell to operate the Modified U(c) offshore gas block, reinforcing its strategy of stabilizing liquefied natural gas (LNG) supply in the face of declining domestic production.
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Shell wins bid for key gas block in Trinidad and Tobago
Trinidad and Tobago chooses Shell to operate the Modified U(c) offshore gas block, reinforcing its strategy of stabilizing liquefied natural gas (LNG) supply in the face of declining domestic production.
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Brazil increases LNG purchases to offset hydroelectric decline
Faced with dwindling water reserves, Brazil is stepping up its purchases of liquefied natural gas to maintain power generation, increasing pressure on the global LNG market this winter.
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Brazil increases LNG purchases to offset hydroelectric decline
Faced with dwindling water reserves, Brazil is stepping up its purchases of liquefied natural gas to maintain power generation, increasing pressure on the global LNG market this winter.
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United States: Politics and falling gas prices put the brakes on investment
The US energy sector is facing economic and political uncertainties, exacerbated by volatile commodity prices, prompting companies to slow investment in 2024 and review their strategies for 2025.
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United States: Politics and falling gas prices put the brakes on investment
The US energy sector is facing economic and political uncertainties, exacerbated by volatile commodity prices, prompting companies to slow investment in 2024 and review their strategies for 2025.
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Hurricane Helene threatens energy sites in Florida and the Gulf of Mexico
Category 3 Hurricane Helene is poised to hit Florida, exposing millions to power outages and disrupting gas production in the Gulf of Mexico.
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Hurricane Helene threatens energy sites in Florida and the Gulf of Mexico
Category 3 Hurricane Helene is poised to hit Florida, exposing millions to power outages and disrupting gas production in the Gulf of Mexico.
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Barents: Johan Castberg project key to Arctic gas development
The Johan Castberg field launches a new phase of exploration in the Arctic, vital for Europe's gas future in the face of declining resources in the North Sea.
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Barents: Johan Castberg project key to Arctic gas development
The Johan Castberg field launches a new phase of exploration in the Arctic, vital for Europe's gas future in the face of declining resources in the North Sea.
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