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Shell Sees LNG Demand Nearly Doubling By 2040

Shell Sees LNG Demand Nearly Doubling By 2040

Global demand for liquefied natural…

Is Another LNG Glut Looming?

Is Another LNG Glut Looming?

LNG prices have risen during…

Energy / Natural Gas

Turkey’s Perfectly Timed Gas Discovery

Mar 03, 2021 at 12:40 | Viktor Katona

Turkey’s energy import bill has been a major drag on its economy for decades. In 2019, the country imported $41 billion worth of energy among which 45 billion cubic meters…

Iran To Join LNG Race In Asia With Huge North Pars Development

Mar 02, 2021 at 16:47 | Simon Watkins

With Asian spot liquefied natural gas (LNG) prices having risen to unprecedented levels in January and the outlook remaining extremely robust Iran believes now is the time to move full…

Australia Boosts LNG Spending To Compete With Qatar

Mar 02, 2021 at 16:05 | Tsvetana Paraskova

Australia’s LNG operators are set to approve gas drilling and LNG infill projects worth more than US$10 billion this year in a bid to stay competitive in a very dynamic…

Texas Freeze Led To Second-Highest Natural Gas Withdrawal Ever

Feb 26, 2021 at 10:06 | Tsvetana Paraskova

The extreme winter weather last week resulted in the second-largest withdrawal of natural gas from storage in the U.S. as demand spiked, the Energy Information Administration (EIA) said on…

Natural Gas Production Plunged 45% During The Texas Freeze

Feb 25, 2021 at 12:58 | Tsvetana Paraskova

Natural gas production in Texas collapsed by 45 percent during the cold snap last week, primarily due to freeze-offs, the Energy Information Administration (EIA) said on Thursday, citing estimates…

Shell Sees LNG Demand Nearly Doubling By 2040

Feb 25, 2021 at 10:05 | Tsvetana Paraskova

Global demand for liquefied natural gas (LNG) is set to nearly double from 360 million tons last year to 700 million tons by 2040, thanks to continued solid demand from…

Qatar's LNG Megaprojects Are Making Markets Increasingly Competitive

Feb 22, 2021 at 12:31 | Vanand Meliksetian

Qatar Petroleum’s recently set a new record for the largest LNG export project ever. By 2026, the country will once again become the world's largest supplier of liquefied natural…

Is Another LNG Glut Looming?

Feb 19, 2021 at 15:20 | Tsvetana Paraskova

Global natural gas demand is set to return to pre-crisis levels as early as this year and will continue to rise in the coming years, thanks to the…

Qatar Looks To Be World’s Top LNG Producer For Decades

Feb 17, 2021 at 12:25 | Charles Kennedy

Qatar’s major expansion of its liquefied natural gas capacity will help it to be the biggest LNG producer in the world for at least the next two decades, the country’s…

Malaysia Makes Major Natural Gas Find As Prices Soar

Feb 17, 2021 at 11:03 | Felicity Bradstock

Malaysia is showing promise for the oil and gas industry as new natural gas finds could boost already high production levels and improve export potential in Southeast Asia. …

Qatar Scrambles To Reclaim LNG Throne

Feb 11, 2021 at 11:37 | Rystad Energy

Qatar’s move to sanction the $30 billion North Field Expansion project puts the country on track to return as the world’s largest LNG producer by 2030, a Rystad Energy report…

Qatar Approves World’s Largest LNG Project

Feb 09, 2021 at 14:30 | Tsvetana Paraskova

Qatar Petroleum took this week the final investment decision to build what it says would be the world’s largest liquefied natural gas (LNG) project in terms of capacity, as…

Is Clean Gas Worth The Premium?

Feb 08, 2021 at 16:53 | Irina Slav

When a company called Jonah Energy last year reported that it had become the first to be awarded a low-methane standard by the…

Qatar Loses Interest In Europe’s LNG Market

Feb 04, 2021 at 15:07 | Viktor Katona

Qatar could not have a better start to 2021, first scoring a major political goal by restoring diplomatic relations with Saudi Arabia and ending its almost 4-year long embargo. Following…

Natural Gas Prices Explode On Cold Weather Reports

Feb 01, 2021 at 15:24 | Julianne Geiger

Natural gas prices exploded on Monday, with spot prices soaring more than 10% as cold weather threatens the Northeastern part of the United States. At 1:30 p.m. EST, the

Egypt And Israel Look To Capitalize On Natural Gas Resources

Jan 26, 2021 at 15:28 | Vanand Meliksetian

The Eastern Mediterranean in a decade went from an 'empty sea' towards one of the most promising new frontiers of the global oil and gas industry. The Levant basin contains…

Why Gazprom Cut Gas Supply To Europe Amid Rising Prices

Jan 25, 2021 at 12:50 | Tatiana Serova

Soaring natural gas prices in European markets could be seen as a boon for Russian giant Gazprom to increase its gas exports towards the Old Continent. But instead, somewhat surprising,…

Why Natural Gas Producers Are Betting Big On Hydrogen

Jan 21, 2021 at 10:53 | Alex Kimani

With president-elect Joe Biden having vowed to return the United States to the 2015 Paris Climate Accord as a matter of urgency, the clean energy sector is about to gain…

What’s Next For Very Volatile Natural Gas Markets

Jan 20, 2021 at 11:35 | Tsvetana Paraskova

Last week’s record-high spot prices of liquefied natural gas (LNG) in Asia may not hold for long, but the surge could be a sign of what the future holds for…

Why Natural Gas Prices Are Set To Go Higher

Jan 18, 2021 at 15:28 | Tsvetana Paraskova

Winter temperatures below seasonal norms in the northern hemisphere have created a rally in natural gas prices from Asia to Europe.    The spot liquefied natural gas…

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