Australia’s offshore petroleum watchdog has cleared the way for Shell (SHEL.L) to restart its Prelude floating liquefied natural gas (FLNG) site off northwestern Australia, after a power outage forced a Continue Reading
White House efforts to boost U.S. liquefied natural gas exports and cut Europe’s reliance on Russian gas after the invasion of Ukraine are proceeding slowly, because of concerns about the Continue Reading
Resource-poor Japan depends overwhelmingly on fossil-fuel imports to meet its energy needs, complicating calls for the nation to boycott Russia’s oil and liquefied natural gas (LNG) after Moscow’s invasion of Continue Reading
Highlights 13 million mt/year of offtake deals secured for Plaquemines LNG Baker Hughes to assemble modular trains in Italy, ship to site Venture Global LNG has started construction of its Continue Reading
U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe’s supply crisis as they export record volumes to the European Union for the third consecutive month at Continue Reading
Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to the super-chilled fuel amid the Continue Reading
Highlights The jump beats the December increase on a percentage basis Discussions over additional US supplies accelerate The Northwest Europe delivered LNG price surged 29% Feb. 24, posting it’s the Continue Reading
Prices hit $25/MMBtu in some regions Central Asian gas supply to China cut over 10%: sources Post-Lunar New Year demand yet to fully recover China’s trucked LNG prices hit a Continue Reading
Putin speaks after the escalation of Ukraine conflict Gas prices retreat on potential Russia-US summit Russia intends to continue uninterrupted supplies of gas and LNG to global markets, President Vladimir Continue Reading
Warns of more volatility if Russia hit by sanctions Calls on Europe to be ‘proactive’ on supply security LNG cargoes likely to continue to come to Europe Shell is prepared Continue Reading
