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nippon.comGerman Economy Minister Katherina Reiche stated that Turkey understands the European Union requirement that gas imported under new contracts must not originate in Russia. The statement addresses compliance with EU sourcing rules for future supply agreements.
France 24Work on the Algerian portion of the 4,128-kilometre pipeline resumed in early June after a two-decade delay. The project aims to carry Nigerian gas through Niger and Algeria for export to Europe.
manilatimes.netPetroleum Minister Karim Badawi announced full repayment of arrears to international companies. The move clears the path for expanded investment by Shell, Chevron, Eni, and BP.
japantimes.co.jpInCommodities reported fiscal 2025 pre-tax profit of €2.95 million, down from €72.5 million the prior year. The Goldman Sachs-backed firm is moving into U.S. physical natural gas markets as European volatility declines.
Al JazeeraIsrael announced a security buffer zone in southern Lebanon on April 19 that reaches into Mediterranean waters. The zone overlaps blocks designated for Lebanese gas exploration under a 2022 maritime agreement.
powermag.comApprovals for new gas-fired power plants rose to a 25-year high last year. The United States now accounts for the majority of orders, driven by data centre demand.
rigzone.comAlgeria launched a bidding round for seven onshore oil and gas blocks containing an estimated 2.1 billion barrels of oil and 66.5 billion cubic meters of gas. Bids are due in November. The blocks are located in basins near Libya and Tunisia.
thenarwhal.caThe Metlakatla First Nation and Lax Kw'alaams Band have withdrawn federal court challenges after signing benefit agreements with the project's developer. The $10-billion facility on Pearse Island still faces other legal and political hurdles.
rigzone.comIndia’s liquefied natural gas purchases rose in April even as regional prices climbed above $25 per million British thermal units. Supply losses from Qatar and the Strait of Hormuz reduced monthly Asian deliveries by 5.5 million to 6 million tonnes.
Israel reduced daily natural gas exports to Egypt to 850 million cubic feet, a 23 percent drop, because of scheduled work at two offshore fields. The maintenance is expected to last less than one week.
prnewswire.comPower generation companies in India increased natural gas purchases fourfold from a domestic exchange to address rising electricity demand. The increase occurred amid efforts to meet higher consumption levels.
undercurrentnews.comOilPrice.com reported that the loss of roughly 20 percent of daily LNG supply has coincided with forecasts for hotter summer temperatures and stronger Asian cooling demand. Europe faces additional pressure to refill storage sites that ended the 2025/2026 winter at multi-year lows…
insurancejournal.comDelfin Midstream is approaching a final decision on a floating liquefied natural gas export facility off the Louisiana coast. The project would be the first of its kind in the United States if approved.
SemaforA forecast projects a global shortfall of at least 135 million metric tons of LNG between 2026 and 2034. Industry figures cite changes in contract structures and investor caution as factors limiting new terminal construction.
ibtimes.comSeveral European energy utilities have expressed interest in purchasing output from the planned Ksi Lisims LNG export facility in Canada. The project already holds offtake agreements for 5 million tons per year and seeks additional commitments.
The project has reached purchase agreements covering 5 million tons of LNG per year. Developers aim to reach 8 million tons before a final investment decision and are also discussing supply contracts with European utilities.
japantimes.co.jpThailand is accelerating talks for U.S. liquefied natural gas imports following the closure of the Strait of Hormuz. Qatar has declared force majeure on LNG shipments until at least mid-August, with full export capacity possibly unavailable for five years.
Data show that most new natural gas pipeline capacity scheduled for 2026 and 2027 is located in Texas. The figures cover projects already announced by operators.
BloombergCanada will announce an agreement to export liquefied natural gas from a planned British Columbia terminal to Germany. The deal marks the first long-term LNG supply contract between the two countries.
riotimesonline.comEuropean gas inventories finished last winter below normal levels. Traders delayed refilling storage facilities while awaiting a resumption of exports through the Strait of Hormuz. The strait has stayed closed longer than expected despite ongoing diplomatic talks between the Unit…
upi.comA tanker sanctioned by the UK for links to Russian LNG trade stopped for 12 hours near Honningsvåg, Norway. Ship tracking data reviewed by High North News showed the visit occurred a week before Tuesday.
A federal government draft framework released on Monday sets a 20 percent domestic supply obligation for LNG exporters. The plan applies to new export approvals and includes penalties for non-compliance. Existing contracts signed on or before 22 December 2025 would remain exempt.
prnewswire.comEuropean natural gas prices dropped more than 5 percent to €46.3 per megawatt hour on May 25, 2026. The decline followed statements by President Trump about U.S.-Iran negotiations over the Strait of Hormuz.
rigzone.comMercuria Energy and Motor Oil Hellas signed a memorandum of understanding on May 25, 2026, to cooperate on LNG supply through the Dioriga Gas FSRU project in Greece's Saronic Gulf. The agreement creates a framework for long-term cooperation between the two companies.
rigzone.comEquinor executives said Europe could face a natural gas storage shortfall if shipping disruptions through the Strait of Hormuz last another one to three months. Current storage levels sit at 35-37 percent, below the typical 50 percent seasonal level.
financialpost.comAustralian energy producers are requesting quicker state and federal approvals for new LNG projects along with long-term tax predictability. The requests come as the country positions itself to supply Asian markets during extended global gas market disruption following the Iran w…
forbes.comNextDecade is set to begin LNG production at its Rio Grande facility near Brownsville, Texas, early next year after more than a decade of development. The project survived the death of its founder, legal challenges, and industry skepticism.
The U.S.-Israel conflict with Iran has halted roughly one-fifth of world oil and liquefied natural gas shipments through the Strait of Hormuz. Power demand continues to climb nearly 4% annually due to population growth, electrification, and data-center expansion.
rigzone.comThe company plans to start output early next year after more than a decade of development. Construction of the first three liquefaction trains is scheduled for completion by early 2029.
marketwatch.comColombia is experiencing rising natural gas demand while domestic production declines. The closure of the Strait of Hormuz has restricted global LNG supply. The country has relied on imports to cover the shortfall.
prnewswire.comNatural gas prices at the Waha hub in West Texas have remained below zero for more than 75 consecutive business days. The situation raises questions about whether other commodities have shown similar patterns at major pricing points.
ibtimes.co.ukEquinor stated that European natural gas inventories could reach critical levels if the Strait of Hormuz were closed for one to three months. The company did not specify the cause of any potential closure.
Washington ExaminerEnbridge has proposed expanding the Algonquin Gas Transmission pipeline system to increase natural gas capacity in New England. The project, called Project Beacon, would replace sections of existing pipeline and add storage facilities.
Western Australian gas users are calling for greater transparency and enforcement in the Albanese government's proposed national gas reserve. The plan would require LNG exporters to reserve 20 per cent of production for domestic use from mid-2027.
nbcnews.comRussian and Chinese officials agreed on the route and construction parameters for a proposed 2,600-kilometre natural gas pipeline from western Siberia through Mongolia to China. The project would carry up to 50 billion cubic metres of gas per year once completed.
prnewswire.comVitol Group reported the largest increase in U.S. physical natural gas trading among major energy traders. The growth occurred during a period of rising demand for the fuel used in power plants and furnaces.
Germany's natural gas storage facilities hold less than 30 percent of capacity despite the start of the annual stockpiling period. The low fill rate has been reported by market observers tracking seasonal inventory trends.
The chief executive of Australia's largest LNG exporter stated that global gas markets are underestimating the impact of reduced LNG supply from the Middle East. Liz Westcott spoke at the Australian Energy Producers Conference on May 20, 2026.
al-monitor.comAn EU commission official stated that member countries could reduce gas consumption by 15 billion cubic meters this year. The estimate comes as European nations continue efforts to manage energy supplies.
nbcnews.comRussian President Vladimir Putin is scheduled to meet Chinese leader Xi Jinping on Wednesday to discuss the Power of Siberia 2 natural gas pipeline. The project remains stalled over pricing and financing terms while the U.S.-Iran war disrupts energy supplies.
tass.comPlans for a second natural gas pipeline from Russia to China are receiving renewed attention as energy markets adjust to recent developments. The project, known as Power of Siberia 2, would expand existing energy ties between the two countries.
thehindu.comAmerican natural gas suppliers have asked the European Union to postpone enforcement of methane emissions regulations until at least 2028. The request comes as companies report uncertainty over the rules is affecting long-term contract negotiations.
etftrends.comUtilities have moved from coal to natural gas plants because gas facilities cost less to build and operate. Wind and solar-plus-storage now show lower long-term electricity costs than fossil fuel generation. Industry leaders continue to invest in gas infrastructure while renewabl…
news.google.comRussia has proposed a new natural gas pipeline to China. Analysts are monitoring for any further announcements on the project.
benzinga.comA ConocoPhillips executive stated that joint ventures for Qatar's North Field East and North Field South LNG projects could experience delays of several months. The comments addressed potential schedule adjustments for the developments.
naturalnews.comGeopolitical instability in the Middle East has increased risks for LNG buyers in Europe and Asia. The United States is expanding export capacity while demand grows from data centers and coal-to-gas switching.
raskmedia.com.auThe International Energy Agency published its Global Energy Review 2026 covering trends in oil, natural gas, coal, electricity demand, solar and wind power, and nuclear energy. The report examines worldwide energy production and consumption patterns.
ForbesOwners of Commonwealth LNG approved construction of a new export facility in Cameron Parish on May 15. The project will cost $12.5 billion and ship 9.5 million tons of LNG per year.
Substrate placeholder — needs reviewEnergy Secretary Chris Wright stated the United States could easily double its natural gas exports with no impact on domestic prices. The comments came as Commonwealth LNG broke ground on a new export facility in Louisiana expected to bring significant economic benefits to the re…
themarketherald.com.auDevelopers announced the FID on May 15, 2026, alongside $9.75 billion in project financing that brings total commitments to $21.25 billion. The facility in Cameron Parish will produce 9.5 million tons of LNG per year and is scheduled to start operations in 2030. Mubadala Energy,…
cicnews.comBritish Columbia Premier David Eby said this week that he hopes LNG Canada makes a final investment decision on Phase 2 of its Kitimat facility by the end of 2026. The project, backed by Shell, Petronas, PetroChina, Mitsubishi and Kogas, is described as the largest private sector…
Brent crude oil traded around $107 per barrel Wednesday as escalating conflict in the Middle East lifted energy prices and the U.S. dollar while pressuring equities and cryptocurrencies. Bitcoin held above $76,000 support even as it fell 1 percent to roughly $80,800. European gas…
forbes.comVenture Global LNG announced two new supply agreements and provided details on expansion plans for its export projects in Louisiana. The company's shares rose following the announcement. The developments come as the liquefied natural gas exporter continues to grow its operations.
A new economic impact assessment commissioned by Woodside Energy shows the long-delayed Browse to North West Shelf Project will now cost about US$35 billion, up from US$20 billion estimated in 2019. The project, proposed in 2018, remains in the concept definition phase with key a…
pakistantoday.com.pkPakistan turned down the lowest offer in a tender for two LNG cargoes issued this week as the country faces a deepening energy crisis. Bids ranged from $16.98 to $18.58 per million British thermal units with seven offers received. The rejection follows an earlier spot purchase fr…
focustaiwan.twTaiwan has secured enough natural gas to last until September as it works to strengthen energy security. The island faces potential supply disruptions from the closure of the Strait of Hormuz, a critical route for global energy shipments. Officials are focusing on bolstering rese…
japantoday.comThe federal government will require gas exporters to set aside the equivalent of 20% of their export volumes for the east coast domestic market starting 1 July 2027. The reservation scheme aims to prevent shortages and reduce prices after a decade of international market linkage…
The GuardianThe Australian government announced a policy requiring gas producers to set aside the equivalent of 20% of their export volumes for domestic use on the east coast. The reservation scheme begins on 1 July 2027 and forms part of a broader overhaul of gas market regulations. Officia…
BloombergU.S. natural gas futures fell amid reduced flows to liquefied natural gas export terminals. The drop marked the lowest level since late January. This shift left more supplies available in the domestic market.
Mohammad Mokhber, advisor and deputy to Iran's leader, highlighted the country's control over 20 percent of global oil and over 18 trillion cubic meters of gas. He stated that a naval blockade would not revert Iran to the Stone Age but would instead plunge others into crisis. The…