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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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Iraq boosts gas production and cuts energy imports
Iraq is aiming for gas self-sufficiency within five years, thanks to foreign investment and increased management of domestic production.
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Iraq boosts gas production and cuts energy imports
Iraq is aiming for gas self-sufficiency within five years, thanks to foreign investment and increased management of domestic production.
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Greece-Bulgaria interconnection: New impetus for European gas flows
ICGB and DESFA strengthen Europe's energy infrastructure with a new interconnection agreement, facilitating gas flows in Greece, Bulgaria and beyond, in a context of diversification of supply sources.
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Greece-Bulgaria interconnection: New impetus for European gas flows
ICGB and DESFA strengthen Europe's energy infrastructure with a new interconnection agreement, facilitating gas flows in Greece, Bulgaria and beyond, in a context of diversification of supply sources.
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Volumes of JKM options to rise in 2024 in the face of volatile LNG prices
Option volumes traded on the JKM reached 23,460 lots in 2024, compared with 14,660 in 2023. This increase illustrates a turning point in LNG market players' hedging strategies.
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Volumes of JKM options to rise in 2024 in the face of volatile LNG prices
Option volumes traded on the JKM reached 23,460 lots in 2024, compared with 14,660 in 2023. This increase illustrates a turning point in LNG market players' hedging strategies.
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Allied Energy and Enerhash USA harness flared gas to mine Bitcoin
Allied Energy and Enerhash USA exploit flared gas to power a Bitcoin mining infrastructure, an innovative project in the recovery of fossil fuels for technological applications.
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Allied Energy and Enerhash USA harness flared gas to mine Bitcoin
Allied Energy and Enerhash USA exploit flared gas to power a Bitcoin mining infrastructure, an innovative project in the recovery of fossil fuels for technological applications.
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Strategic shutdown of Cove Point LNG plant for annual maintenance
The Cove Point LNG plant, operated by Berkshire Hathaway Energy, is suspending operations for planned three-week maintenance, temporarily disrupting natural gas flows.
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Strategic shutdown of Cove Point LNG plant for annual maintenance
The Cove Point LNG plant, operated by Berkshire Hathaway Energy, is suspending operations for planned three-week maintenance, temporarily disrupting natural gas flows.
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Sasol and Eskom launch a study on the use of LNG for energy stabilization
Sasol and Eskom are exploring the option of liquefied natural gas (LNG) to boost South Africa's energy supply, marking a turning point in the diversification of energy sources.
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Sasol and Eskom launch a study on the use of LNG for energy stabilization
Sasol and Eskom are exploring the option of liquefied natural gas (LNG) to boost South Africa's energy supply, marking a turning point in the diversification of energy sources.
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Colombia: More LNG to be imported in September 2024 in the face of falling water levels
In September 2024, Colombia recorded a significant increase in LNG imports to supply its thermal power plants, in response to falling water levels in its dams.
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Colombia: More LNG to be imported in September 2024 in the face of falling water levels
In September 2024, Colombia recorded a significant increase in LNG imports to supply its thermal power plants, in response to falling water levels in its dams.
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