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Southeast Asia Poised for $100 Billion Offshore Gas Boom

Southeast Asia Poised for $100 Billion Offshore Gas Boom

Southeast Asia's offshore gas industry…

Energy / Natural Gas

Russia Boosts Natural Gas Deliveries To China

Oct 19, 2023 at 08:45 | Tsvetana Paraskova

Russia is set to raise further its natural gas pipeline supply to China after state giants Gazprom and China National Petroleum Corporation (CNPC) signed an agreement on Thursday for the…

Europe's LNG Supply At Risk As Middle East Tensions Escalate

Oct 19, 2023 at 08:13 | Rystad Energy

The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s…

Bulgaria's Tax On Russian Gas Sparks Diplomatic Tensions

Oct 19, 2023 at 08:08 | RFE/RL staff

Bulgaria's government has defended its decision to impose a new tax on Russian gas transiting through the country as Hungary and Serbia -- which rely on supplies from…

President Sandu: Gazprom Can No Longer "Blackmail" Moldova Over Gas

Oct 17, 2023 at 09:25 | RFE/RL staff

Moldovan President Maia Sandu says steps taken by her country -- one of Europe's poorest -- to diversify its gas supplies means Russia can no longer "blackmail" Chisinau…

Russia-China Energy Partnership Faces Uncertainty Over Pipeline Deal

Oct 16, 2023 at 09:24 | RFE/RL staff

Will Russian President Vladimir Putin finally be able to secure a Chinese commitment on an ambitious natural gas pipeline project that could transform energy flows across Asia?

Geopolitical Volatility Sends Gas Prices Soaring

Oct 16, 2023 at 08:59 | City A.M

Gas prices have soared over recent days, with geopolitical volatility rattling spot markets and escalating fears of supply shortages this winter. Having seemingly calmed from last…

Middle East Energy Deals In Question Over Israel

Oct 13, 2023 at 13:50 | Alex Kimani

On Wednesday, BP Inc. (NYSE:BP) reassured investors that its $2B deal with Abu Dhabi National Oil Co. (Adnoc) to jointly buy a 50% stake in Israeli gas producer NewMed Energy (OTCPK:DKDRF) remains on track,…

Finland Restricts Access To LNG Infrastructure After Suspected Pipeline Sabotage

Oct 13, 2023 at 10:03 | Charles Kennedy

Finland prepares to restrict access to a port area hosting one of its two floating LNG import terminals after an offshore natural gas pipeline between Finland and Estonia was shut…

Turkmenistan Eyes Lucrative Gas Deal With Iraq

Oct 13, 2023 at 08:36 | Eurasianet

Turkmenistan is on the cusp of securing a major new buyer for its natural gas: Iraq. On October 8, the Turkmen Foreign Ministry

Europe Cuts Dependency On Russian Gas By 21%

Oct 12, 2023 at 10:47 | ZeroHedge

Russia's invasion of Ukraine and Moscow's "weaponization" of energy have placed the diversification of energy supplies high on the agenda of European countries.

Europe’s Largest Economy May Face Wild Gas Price Volatility This Winter

Oct 11, 2023 at 12:57 | Tsvetana Paraskova

LNG demand in Asia and Europe is beginning to rise ahead of the peak winter season amid a calmer market compared to last year’s chaos and record-high prices. But neither…

NATO Chief Warns Of Potential 'Response' To Sabotage Of Finland Pipeline

Oct 11, 2023 at 09:57 | ZeroHedge

Finland and other Baltic countries are on high alert as a natural gas undersea pipeline leak was detected on Sunday from Finland to Estonia. EU officials already suspect the leak…

Suspected Sabotage In Probe Into Baltic Natural Gas Pipeline Leak

Oct 10, 2023 at 09:52 | Charles Kennedy

Ongoing investigations into a leak that halted natural gas supply between Finland and Estonia this weekend proceed with the assumption that it could have been sabotage, sources with knowledge of…

Azerbaijan, Turkey Start Construction Of Gas Pipeline To Nakchivan

Oct 09, 2023 at 13:08 | Eurasianet

Azerbaijan and Turkey have broken ground on the construction of the long-planned gas pipeline linking Turkey's gas grid to the Azerbaijani exclave of Nakhchivan. Construction was formally launched…

EU’s Full Gas Storage Doesn’t Eliminate Supply Risks

Oct 09, 2023 at 09:14 | Irina Slav

The European Union has accumulated record amounts of natural gas in its storage facilities and has done so ahead of its own schedule. The news about the…

Commodity Titans Look To Capitalize On Europe’s Gas Price Rollercoaster

Oct 05, 2023 at 12:43 | Irina Slav

Last year, during the gas crunch in Europe, commodity traders made billions on the heightened price volatility that ruled for most of the year. Trafigura made…

Middle East Gas Giants Look To Capitalize On Booming Demand

Oct 04, 2023 at 09:03 | Rystad Energy

Global gas demand is projected to rise in the next decade, thus influencing a 12.5% surge in production between 2023 and 2030. However, Rystad Energy forecasts that even…

U.S. Natural Gas Prices Slip From Seven-Week High

Sep 29, 2023 at 09:19 | Tsvetana Paraskova

After finishing at a seven-week high on Thursday, the benchmark U.S. natural gas prices fell by 2% early on Friday, amid expectations of above-normal temperatures in early October…

Aramco Looks To Expand Position In LNG With New Deal

Sep 28, 2023 at 09:49 | Cyril Widdershoven

Saudi Aramco, the world's foremost national oil and gas company, has boosted its investment activity with the announcement of the acquisition of a minority stake in U.S.-based MidOcean Energy, owned…

European Demand Dilemma Delays Azerbaijan Gas Export Boost

Sep 28, 2023 at 08:31 | Eurasianet

Plans agreed last year by Azerbaijan and the European Union for Baku to double the volume of gas it sends to Europe to 20 billion cubic metres a…

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