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LNG
Italy Halts Funding for $21 Billion Arctic LNG 2 Project
Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy pro…
Natural Gas
U.S. Natural Gas Key to Mexico’s Power Buildout
Mexico wants to secure a greater supply of natural gas, including from the U.S., as the country continues to build more gas-fired power plants.
Oil Price
Oil Prices Surge More Than 7% to Highest Since 2014
Members of the International Energy Agency (IEA) agreed to release 60 million barrels of crude from their reserves to try to quell the sharp increase in prices …
Natural Gas
World Bank: There Will Be Alternatives to Russian Gas in Five Years
World Bank President David Malpass: There will be alternatives to Russian natural gas supply in the five-year horizon.
LNG
Germany Targets 100% Renewable Power Generation by 2035
Germany will target to have all its electricity provided by renewable energy sources by 2035.
LNG
Shell to Exit Russia After Ukraine Invasion, Joining BP
Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company t…
LNG
Japan's JERA Does Not Currently See SWIFT Ban Impacting Sakhalin 2 LNG Imports
Japan's largest power generation company JERA does not currently see the latest financial sanctions on Russia, including barring designated Russian banks from t…
Natural Gas
How Europe Can Boost Energy Security and Reduce Its Reliance on Russian Gas
January is the cruellest month when it comes to European gas demand. It is now the end of February and the continent has almost a year to bolster its strategic …
LNG
Asian LNG Prices Surge on Ukraine Invasion, NS2 Halt
Asian spot liquefied natural gas (LNG) prices surged more than 50% this week as they tracked a jump in European gas prices after Russia’s invasion of Ukraine.
LNG
Germany Plans to Become Independent from Russian Oil
Spurred by its growing domestic demand for electricity parallel to its increasing population and rapid urbanization, imports of liquefied natural gas (LNG) by C…
Natural Gas
Germany Plan to Construct Two Liquefied Natural Gas Terminals
Germany will construct two liquefied natural gas (LNG) terminals, German Chancellor Olaf Scholz said on Sunday, pledging to do more to protect Germany’s energy…
LNG
U.S. Gas Advances as Russia Sanctions May Boost Demand for LNG
U.S. natural gas futures advanced on the prospect of higher overseas demand after Western nations imposed tighter sanctions to isolate Russia, one of the world…
LNG
Nuclear, Coal, LNG: ‘No Taboos’ in Germany’s Energy About-Face
Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut depende…
LNG
Germany to Create Strategic Coal and Gas Reserves
As Russia launched its attack on Ukraine, Europeans relived scenes from another time. Germany will now enact laws to ensure strategic energy reserves to cut dow…
Carbon Neutral
Sempra Joins Carbon Neutral Coalition for CCUS Policies Development
U.S. LNG infrastructure company Sempra has joined the Carbon Neutral Coalition (CNC) as a senior advisory board member to work on the CCUS framework.
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