Lng

LNG

Gazprom Faces More Claims After Austrian Utility Halts Payment

The decision by an Austrian utility to stop paying for supplies from Gazprom PJSC may set a precedent for others to follow as Europe looks to cut its dependence…

LNG

FSRU Toscana Offshore Italy Back In Service

OLT Offshore LNG Toscana has resumed full operations at the FSRU Toscana terminal offshore western Italy.Following repairs at a yard in southern France, the FSR…

Oil & Gas Trade

Totalenergies Plans $750m Offshore Nigeria Gas Project To Boost LNG Supply

TotalEnergies may greenlight a $750 million gas project in Nigeria next year, potentially signaling that the African nation’s efforts to revive investment…

Oil & Gas Trade

Gran Tierra Makes Seventh Discovery In Ecuador

Australia’sWoodside Energyaims to bring several partners on board for its Louisiana liquefied natural gas (LNG) project by the first quarter of 2025, repo…

Green Hydrogen

10MW Green Hydrogen Project in Chile Secures Environmental Approval

Chilean LNG firm GNL Quintero and Acciona Energía have received environmental approval for a 10MW green hydrogen project near Valparaíso.The compa…

LNG

Vietnam Vows to Buy More US Aircraft, LNG in New Tariff Era

Vietnam plans to buy more aircraft, liquefied natural gas and other products from the US as government officials brace for a new era of tariffs from the incomin…

LNG

Argentina’s YPL To Merge LNG Project With Rivals' Venture

Argentine state-run energy company YPF SA will join a venture being developed by rival shale driller Pan American Energy Group SL and liquefied natural gas ship…

Oil & Gas Trade

ADNOC L&s Takes Delivery Of First New-build LNG Carrier From Jiangnan Shipyard Ahead Of Schedule

ADNOC Logistics and Services announced it has taken delivery of ‘Al Shelila,’ the first of six newbuild liquified natural gas (LNG) carriers from Ji…

LNG

Rio Tinto Lifts Force Majeure for Australian Alumina Exports

Rio Tinto Group lifted restrictions on exports of alumina from its Gladstone refineries in Australia, according to S&P Global.Rio had declared force majeure — …

Natural Gas

Asian LNG Jumps to Highest This Year as European Benchmarks Rise

North Asia spot liquefied natural gas prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.The…

Natural Gas

Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion

Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, accordi…

LNG

IEA Says Global Oil Market Faces a Million-Barrel Glut Next Year

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the…

Natural Gas

ADNOC Gas Signs 10-year LNG Sales And Purchase Agreement With India’s Gail

ADNOC Gas has signed a 10-year Sales and Purchase Agreement (SPA) with GAIL India Limited, India's largest natural gas company, to supply up to 0.52 million…

Oil & Gas Trade

Golar, BP Advancing Commissioning Of FLNG Gimi For Gta Gas Project

Golar LNGhas reached an agreement withbp, operator of the Greater Tortue Ahmeyim (GTA) development offshore Mauritania and Senegal, and partnerKosmos Energy, on…

Oil & Gas Trade

Exxon, Eni Award EPC, FEED Contracts To Revive Mozambique’s LNG Ambitions

While liquefied natural gas (LNG) projects in Mozambique seem to have stalled since TotalEnergies declared force majeure in April 2021 on its $20-billion Mozamb…