More than a year after it was first declared, Nigeria's Bonny LNG export facility remains under force majeure, with production falling below 50% of its design capacity, according to the plant operator on November 8.
More than a year after it was first declared, Nigeria's Bonny LNG export facility remains under force majeure, with production falling below 50% of its design capacity, according to the plant operator on November 8.
Egypt has received a rare cargo of liquefied natural gas (LNG) at its Ain Sukhna terminal in the Red Sea, following a shortage of Israeli gas supplies that has caused prolonged power cuts in the country in recent weeks.
Egypt has received a rare cargo of liquefied natural gas (LNG) at its Ain Sukhna terminal in the Red Sea, following a shortage of Israeli gas supplies that has caused prolonged power cuts in the country in recent weeks.
Despite comfortable inventory levels and weak seasonal demand, global natural gas and LNG prices are maintaining their risk premium, raising concerns about persistent market nervousness.
Despite comfortable inventory levels and weak seasonal demand, global natural gas and LNG prices are maintaining their risk premium, raising concerns about persistent market nervousness.
RWE and Equinor have signed a major agreement for the supply of 10 to 15 terawatt-hours (TWh) of natural gas per year until 2028, strengthening their long-standing partnership.
RWE and Equinor have signed a major agreement for the supply of 10 to 15 terawatt-hours (TWh) of natural gas per year until 2028, strengthening their long-standing partnership.
Doha, Qatar - QatarEnergy recently announced the signing of a strategic agreement with Sinopec for the supply of liquefied natural gas (LNG). This 27-year agreement seals a major energy collaboration.
Doha, Qatar - QatarEnergy recently announced the signing of a strategic agreement with Sinopec for the supply of liquefied natural gas (LNG). This 27-year agreement seals a major energy collaboration.
The United States imposed sanctions on Russia's Arctic LNG 2 project on November 2, as part of a series of restrictions targeting "individuals and entities" associated with Russia's war effort in Ukraine. The White House is thus seeking to exert more pressure on Moscow over the conflict.
The United States imposed sanctions on Russia's Arctic LNG 2 project on November 2, as part of a series of restrictions targeting "individuals and entities" associated with Russia's war effort in Ukraine. The White House is thus seeking to exert more pressure on Moscow over the conflict.
Cyprus has responded positively to a request from international energy companies, led by Chevron, to extend negotiations on a modified development plan for its offshore Aphrodite gas field, its energy minister said on Monday.
Cyprus has responded positively to a request from international energy companies, led by Chevron, to extend negotiations on a modified development plan for its offshore Aphrodite gas field, its energy minister said on Monday.
TotalEnergies today announced the extension of its partnership with Oman in the production of liquefied natural gas (LNG) for a period of five to ten years.
TotalEnergies today announced the extension of its partnership with Oman in the production of liquefied natural gas (LNG) for a period of five to ten years.
PetroChina's operating profit in the natural gas sector rose by around 24.5% year-on-year, reaching 19.48 billion yuan ($2.66 billion) in the first nine months of 2023. This remarkable growth can be attributed to China's ongoing natural gas pricing reforms.
PetroChina's operating profit in the natural gas sector rose by around 24.5% year-on-year, reaching 19.48 billion yuan ($2.66 billion) in the first nine months of 2023. This remarkable growth can be attributed to China's ongoing natural gas pricing reforms.
Santos' Australian gas import project has been suspended following concerns expressed by an Aboriginal leader about heritage sites threatened by an underwater pipeline.
Santos' Australian gas import project has been suspended following concerns expressed by an Aboriginal leader about heritage sites threatened by an underwater pipeline.
Enterprise Products announces a $3.1 billion investment in infrastructure projects to support the expected increase in liquefied natural gas (LNG) production in the Permian Basin.
Enterprise Products announces a $3.1 billion investment in infrastructure projects to support the expected increase in liquefied natural gas (LNG) production in the Permian Basin.
European officials are looking to secure their energy supplies by turning to US liquefied natural gas (LNG) to meet their energy needs while reducing greenhouse gas emissions, despite global geopolitical tensions.
European officials are looking to secure their energy supplies by turning to US liquefied natural gas (LNG) to meet their energy needs while reducing greenhouse gas emissions, despite global geopolitical tensions.
Despite the doubling of LNG storage capacity in Germany by the end of 2023 with the deployment of several new floating storage and regasification units, market players do not expect this to fundamentally alter German gas prices compared to other European hubs.
Despite the doubling of LNG storage capacity in Germany by the end of 2023 with the deployment of several new floating storage and regasification units, market players do not expect this to fundamentally alter German gas prices compared to other European hubs.
Recent delays at the Panama Canal have pushed more liquefied natural gas volumes to Europe despite the economic advantages of arbitrage to Asia, due to weather conditions and logistical constraints favoring Europe as a preferred destination for US LNG.
Recent delays at the Panama Canal have pushed more liquefied natural gas volumes to Europe despite the economic advantages of arbitrage to Asia, due to weather conditions and logistical constraints favoring Europe as a preferred destination for US LNG.
