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Sonatrach and ExxonMobil have signed a memorandum of understanding to develop hydrocarbon resources in southern Algeria, opening up new prospects for the energy sector.
Sonatrach and ExxonMobil have signed a memorandum of understanding to develop hydrocarbon resources in southern Algeria, opening up new prospects for the energy sector.
LNG prices in Europe have risen to their highest level in five months, boosted by geopolitical risks and tight supply, increasing competition with Asia for cargoes.
LNG prices in Europe have risen to their highest level in five months, boosted by geopolitical risks and tight supply, increasing competition with Asia for cargoes.
LNG reshipment levels from European hubs reached their lowest level for seven months, reflecting weak demand and strong competition with Asia for liquefied natural gas supplies.
LNG reshipment levels from European hubs reached their lowest level for seven months, reflecting weak demand and strong competition with Asia for liquefied natural gas supplies.
Bulgarian Energy Minister Vladimir Malinov has announced that Botas, the Turkish state gas importer, has won Bulgargaz's tender to deliver LNG to Turkey in June, resulting in substantial savings.
Bulgarian Energy Minister Vladimir Malinov has announced that Botas, the Turkish state gas importer, has won Bulgargaz's tender to deliver LNG to Turkey in June, resulting in substantial savings.
Qatar is committed to increasing its liquefied natural gas contracts in 2024, in response to growing demand, particularly in Europe and Asia.
Qatar is committed to increasing its liquefied natural gas contracts in 2024, in response to growing demand, particularly in Europe and Asia.
The Aphrodite gas project in Cyprus faces a new impasse, with Chevron's plan rejected by the Ministry of Energy.
The Aphrodite gas project in Cyprus faces a new impasse, with Chevron's plan rejected by the Ministry of Energy.
Heat waves in India are boosting demand for gas-fired power generation, potentially increasing LNG imports in a context of stable prices.
Heat waves in India are boosting demand for gas-fired power generation, potentially increasing LNG imports in a context of stable prices.
The arrival of a floating unit marks a major turning point for the natural gas project between Mauritania and Senegal.
The arrival of a floating unit marks a major turning point for the natural gas project between Mauritania and Senegal.
LNG futures trading on the Intercontinental Exchange rose sharply in April, boosted by growing geopolitical risks.
LNG futures trading on the Intercontinental Exchange rose sharply in April, boosted by growing geopolitical risks.
Asian LNG importers are keen to negotiate lower oil-linked prices for long-term contracts in the face of an increasingly buyer-oriented market.
Asian LNG importers are keen to negotiate lower oil-linked prices for long-term contracts in the face of an increasingly buyer-oriented market.
Demand for liquefied natural gas (LNG) in North-Western Europe fell in April, putting the region under pressure in the shoulder season.
Demand for liquefied natural gas (LNG) in North-Western Europe fell in April, putting the region under pressure in the shoulder season.
In April, Russian gas flows to Europe declined, with a notable reduction via the TurkStream pipeline.
In April, Russian gas flows to Europe declined, with a notable reduction via the TurkStream pipeline.
Europe is stepping up natural gas injections in anticipation of strong summer demand, boosting LNG imports to avoid shortages, according to analysts at S&P Global Commodity Insights.
Europe is stepping up natural gas injections in anticipation of strong summer demand, boosting LNG imports to avoid shortages, according to analysts at S&P Global Commodity Insights.
Shell announces a potential increase in oil and gas production in its Upstream unit for the second quarter of 2024, despite an expected decrease in its Liquefied Natural Gas unit, reflecting a stabilization of its overall production.
Shell announces a potential increase in oil and gas production in its Upstream unit for the second quarter of 2024, despite an expected decrease in its Liquefied Natural Gas unit, reflecting a stabilization of its overall production.
Targa Resources is developing a new pipeline in the Permian Basin for 2026, to meet the expected pressure on Waha prices.
Targa Resources is developing a new pipeline in the Permian Basin for 2026, to meet the expected pressure on Waha prices.
In 2023, Gazprom posted a record loss of 6.4 billion euros, marked by international sanctions and the sabotage of its pipelines.
In 2023, Gazprom posted a record loss of 6.4 billion euros, marked by international sanctions and the sabotage of its pipelines.
Invictus Energy boosts Zimbabwe's economy with a major gas discovery, promising a renewed energy future.
Invictus Energy boosts Zimbabwe's economy with a major gas discovery, promising a renewed energy future.
Dana Gas, the Emirati company, has announced that it is resuming production at the Khor Mor gas complex in Iraqi Kurdistan, following a drone attack that interrupted operations.
Dana Gas, the Emirati company, has announced that it is resuming production at the Khor Mor gas complex in Iraqi Kurdistan, following a drone attack that interrupted operations.
In 2024, US LPG and LNG exports reach unprecedented levels, driven by rising production and arbitrage opportunities.
In 2024, US LPG and LNG exports reach unprecedented levels, driven by rising production and arbitrage opportunities.
For the first time in five years, Greece did not import any LNG in April, as regional prices made the option unprofitable.
For the first time in five years, Greece did not import any LNG in April, as regional prices made the option unprofitable.
QatarEnergy is investing six billion dollars in a project to build 18 giant LNG carriers, marking a record in the shipbuilding industry.
QatarEnergy is investing six billion dollars in a project to build 18 giant LNG carriers, marking a record in the shipbuilding industry.
Faced with falling LNG prices in Europe, purchases of Algerian cargoes are increasing, marking a peak in exports.
Faced with falling LNG prices in Europe, purchases of Algerian cargoes are increasing, marking a peak in exports.
Oman LNG is planning a significant expansion to meet the growing demand for liquefied natural gas, with a potential capacity addition of over 30%.
Oman LNG is planning a significant expansion to meet the growing demand for liquefied natural gas, with a potential capacity addition of over 30%.
UK-based Ithaca Energy has reached an agreement with Italy's Eni to purchase the majority of its North Sea assets, strengthening its position in the region.
UK-based Ithaca Energy has reached an agreement with Italy's Eni to purchase the majority of its North Sea assets, strengthening its position in the region.
The gas crisis of 2022 has transformed the European LNG market, prompting a major shift in contracts and hedging strategies.
The gas crisis of 2022 has transformed the European LNG market, prompting a major shift in contracts and hedging strategies.
In April, US LPG exports fell, mainly impacting Europe and North Africa.
In April, US LPG exports fell, mainly impacting Europe and North Africa.

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