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Oil & Gas Trade
Top U.S. LNG Exports: China's Gas Demand Is Booming
Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive …
Carbon Emissions
US Drives Global Natural Gas Demand to New Highs in 2024
Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 1…
Hydropower Plant
France’s Engie Lifts Guidance for 2024 on Hydropower Boost
French utility Engie (ENGIE.PA), opens new tab reported a 16% fall in first-half earnings on Friday with higher hydropower volumes and strong demand for its fle…
Carbon Emissions
Shell Weakens 2030 Carbon Emissions Reduction Target
Shell (SHEL.L), opens new tab weakened a 2030 carbon reduction target and scrapped a "perilous" 2035 objective, citing expectations for strong gas demand and un…
LNG
Japan's Declining Gas Demand Will Leave Utilities With Persistent LNG Oversupply Through 2030
Japan’s LNG buyers are cultivating demand in emerging Asia to offload surplus LNG volumesOnce the largest global importer of liquefied natural gas (LNG), …
Oil&Gas Drilling
Mubadala Working on Expanding Gas Production at Malaysia's Pegaga Field -Exec
Mubadala Energy is working on expanding production capacity at the Pegaga gas field off the coast of Sarawak, Malaysia, Chief Operating Officer Stefano Raciti s…
Hydrogen Project
Equinor and Germany's Sefe Enter Long-Term Gas Sales Agreements and Pursue Large-Scale Hydrogen Supplies; 1/3 of Annual German Industrial Gas Demand
Equinor will supply Germany’s state-owned energy company SEFE (Securing Energy for Europe) with 111 terrawatt hours (ca 10 billion cubic meters - bcm) of …
Australia
Senex, APLNG Sign On to Meet Big East Coast Gas Demand
Two Brisbane based gas companies have signed commitments to deliver more gas to the domestic market.APLNG has signed on with the Federal Government to boost gas…
Natural Gas
Finnish Gas Demand Set to Rise 27% – TSO
Image: Shutterstock.com(Montel) Finnish gas consumption is set to rise by 27% this year due to lower prices, but demand is unlikely to return to pre-crisis leve…
Natural Gas
European Gas Consumption Is 24% Below the Five-Year Average
Europe’s natural gas demand in November fell by nearly a quarter compared to the five-year average for the month.
LNG
LNG Exports Drive Expansion of North American Natural Gas Market, Adding 29 Bcfd of Production by 2033
LNG exports nearly triple over next decade, Inflation Reduction Act to boost gas demand in the long term.
LNG
Experts: U.S. LNG Growth Could Slow Next Year
While American LNG is poised for long-term growth, next year could see a slowing of domestic natural gas demand due as infrastructure and expansion plans experi…
Natural Gas
Europe Signs off Voluntary Gas Cuts to Combat Energy Crunch
Member states agreed to reduce their gas demand by 15% compared to their average consumption in the past five years
Natural Gas
IEA: Global Gas Demand Set for Slow Growth Due to High Prices
Analysts expect slower economic growth and less switching from coal or oil to gas
Australia
ConocoPhillips Adds to Aussie Offshore Exploration Portfolio
US operator adds to its position in south-east Australia where domestic gas demand is strong
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