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Europe Still Addicted To Russian LNG

Europe Still Addicted To Russian LNG

The fact that neither pipeline…

Energy / Natural Gas

Production Starts At Phase-11 Of The World’s Largest Gas Field

Aug 22, 2023 at 11:36 | Simon Watkins

Iran’s South Pars gas field is one half of the world’s largest gas resource – the other being Qatar’s North Field – so any official announcement on production…

U.S. To Remain Dominant In Global LNG Markets

Aug 21, 2023 at 09:48 | Irina Slav

The U.S. is already on its way to becoming the biggest LNG exporter in the world in terms of capacity. This trend is only going to accelerate in the next…

CNOOC Confirms Arctic LNG 2 Set For Launch This Year

Aug 18, 2023 at 09:00 | Charles Kennedy

Russia’s Arctic LNG 2 project is on track to begin first production later this year, one of the minority shareholders, China’s CNOOC, said on Friday. “So far all the partners...have…

European Gas Price Spike Highlights Painful Exposure To Global Markets

Aug 14, 2023 at 09:14 | Irina Slav

Earlier this month, the price of natural gas in Europe spiked by as much as 40% on the news that gas platform workers in Australia may launch industrial action. The…

Gas Prices Drive Traders To Risky Ukraine Storage Options

Aug 09, 2023 at 10:04 | Tsvetana Paraskova

Despite risks of potential hits due to the war, traders have started to store natural gas at storage sites in Ukraine, taking advantage of the lower costs and high available…

Coup In Niger Could Derail This Strategic Pipeline

Aug 09, 2023 at 09:12 | James Durso

Almost twenty years to the day after Ambassador Joseph Wilson wrote his op-ed “What I Didn’t Find in Africa” about his visit to Niger

The U.S.’s Hopes In Iraq Have Ended With The Oil-For-Gas Deal With Iran

Jul 31, 2023 at 11:50 | Simon Watkins

Ever since the U.S. officially ended its ‘combat mission’ in Iraq on 31 December 2021, it has been looking for a way back into the huge but still…

New Catalyst Efficiently Cleans Methane From Natural Gas Exhaust

Jul 27, 2023 at 08:15 | Brian Westenhaus

A Washington State University catalyst design using a single or just a few palladium atoms removed 90% of unburned methane from natural gas engine exhaust.…

Mayfair And Morgan Stanley Raise Stake In UK Gas Supplier Despite Profit Slump

Jul 21, 2023 at 08:17 | City A.M

Ovo Group (Ovo) shareholders have raised their stakes in the company in transactions worth £200m, which has been announced the same day the company revealed a hefty downturn…

U.S. and Qatar At The Forefront Of Global LNG Supply Growth

Jul 20, 2023 at 08:42 | Tsvetana Paraskova

The United States and Qatar are frontrunners – by a mile – as the LNG exporters best positioned to capture the global demand for additional supply capacity over the next…

Gas Markets Remain Bearish As Inventories Rise At A Record Clip

Jul 19, 2023 at 13:30 | Alex Kimani

Gas Markets Remain Bearish As Inventories Rise At A Record Clip A couple of weeks ago, the International Energy Agency (IEA) warned that natural gas prices may spike again…

Europe’s Energy Crisis Isn’t Over, IEA Warns

Jul 19, 2023 at 11:16 | Tsvetana Paraskova

Despite the much lower natural gas prices this summer compared to last year, Europe is not out of the woods yet. A cold winter and a full cut-off of still-flowing…

New Study: Leaky Infrastructure Could Make Gas As ‘Dirty’ As Coal

Jul 19, 2023 at 08:18 | Alex Kimani

Over the past decade, natural gas has been touted as the perfect ‘bridge fuel’ as the world transitions to low-carbon fuels. That appears pretty straightforward considering natural gas emits almost…

A Mild Winter Could Cut Europe’s Natural Gas Prices In Half

Jul 14, 2023 at 09:03 | Tsvetana Paraskova

Europe’s natural gas stockpiles are at elevated levels and on track to be full sooner than planned. This gives governments and industries confidence that last year’s energy crisis will not…

New Gas Discovery Boosts Azerbaijan’s Energy Aspirations

Jul 11, 2023 at 07:32 | Eurasianet

Azerbaijan's promise to double its annual gas exports to Europe by 2027 may be a step closer to realization with the news that BP has found new gas…

UK's Centrica Pens $8 Billion Mega Deal To Secure LNG From The U.S.

Jul 11, 2023 at 07:27 | City A.M

British Gas owner Centrica has signed a £6.2bn ($8bn) mega deal with US fossil fuel producer Delta Midstream, in a welcome boost for the UK’s power supplies.

China's LNG Imports Soar Despite Global Price Dip

Jul 07, 2023 at 17:33 | Alex Kimani

China's imports of liquefied natural gas (LNG) hit 5-month highs in June, but weak demand, especially in Europe, kept a lid on prices. Last month, China imported 5.96 million…

China’s Bid For Energy Security Fuels Long-Term LNG Buying Spree

Jul 03, 2023 at 08:46 | Tsvetana Paraskova

Long-term contracts for LNG supply are back after a year of record-high prices and energy crises.  Efforts to protect LNG imports from the volatility in spot prices amid the many…

What Qatar’s Latest Megadeal With China Means For Global LNG Markets

Jun 28, 2023 at 08:11 | Simon Watkins

With Saudi Arabia on one side of it and Iran on the other, Qatar had for a long time to play a delicate diplomatic balancing act between the…

Traders To Blame As European Gas Markets Descend Into Chaos

Jun 27, 2023 at 08:32 | Irina Slav

Earlier this month, natural gas prices in Europe rose twofold in the space of 10 days, with a single trading day seeing a jump of 27% two weeks ago. On…

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