200 stories found
Global commodity prices are nearing an 18-year high, driven by physical scarcity warnings and supply chain constraints. This surge threatens to reignite inflationary pressures and disrupt stock market rallies as energy costs climb.
Crude oil prices have climbed above $100 per barrel and European natural gas costs have reached their highest levels since early 2023 due to escalating conflicts in the Middle East. These spikes are fueling fresh inflation concerns and market volatility ahead of the winter season.
Bangladesh approves 18 LNG cargoes amid energy security concerns Dhaka Tribune
Can-Fite Biopharma reported a GAAP EPS of -$1.24 with $0.2M in revenue, while Dynagas LNG Partners LP posted a Non-GAAP EPS of $0.68 and $81.12M in revenue.
Prime Minister Mindaugas Sinkevičius announced that the Public Security Service and specialized equipment will be used to secure the Klaipėda liquefied natural gas terminal. The move underscores heightened security measures for critical energy infrastructure.
Qatar exports first LNG shipment through Hormuz in weeks Moneycontrol.com
Industry analysts warn that sustained high crude prices and costly imported LNG will keep profitability squeezed for India’s energy distributors in the near term.
Qatari officials confirmed that a $100,000 unmanned aerial vehicle caused significant operational disruptions at critical liquefied natural gas infrastructure.
Energy company Santos has expanded its ownership position in the Papua LNG development project, while ExxonMobil takes over operational control to advance the major resource initiative.
Analysts warn that Europe is approaching a critical winter period where potential liquefied natural gas shortages could severely impact energy security and economic stability.
The Independent Natural Gas System of Alexandroupolis has been recognized among Europe’s top 25 EU-funded projects, highlighting its strategic importance for regional energy security.
Fitch Ratings has upgraded Portugal’s sovereign credit rating to A+ with a stable outlook, citing improved fiscal management and economic resilience. The decision reflects growing investor confidence in Lisbon’s debt sustainability and recent macroeconomic reforms.
The Arab state-owned energy company ADNOC, which owns plastics manufacturer Covestro, intends to shift its German investment focus toward liquefied natural gas and related infrastructure, noting that Covestro still needs to improve its performance.
The fully nationally owned Bahma Group has officially relocated its headquarters to Port Moresby, positioning itself to capitalize on growing opportunities in Papua New Guinea's mining, liquefied natural gas, and construction industries.
Officials announced a comprehensive strategy to stabilize the national power grid, prioritizing domestic gas exploration and expanded liquefied natural gas import infrastructure.
Escalating attacks and security risks in the Persian Gulf are forcing maritime companies to explore workarounds, including LNG transshipment outside the Strait of Hormuz and altering vessel identities.
A new signing in Thessaloniki integrates Serbia and North Macedonia into the Vertical Corridor project, designed to transport US LNG and Azerbaijani gas from Alexandroupoli to Central Europe.
Methanex will shut down its New Zealand manufacturing facilities following the termination of a long-term natural gas supply contract. The decision has prompted New Zealand officials to reaffirm the strategic importance of the nation’s liquefied natural gas export infrastructure.
Maritime tracking confirms ongoing vessel-to-vessel transfers of liquefied natural gas shipments from Gulf producers in international waters adjacent to the strategic waterway.
Energy developer Venture Global has assured buyers that liquefied natural gas shipments from the Plaquemines Phase 2 project remain on track. The confirmation provides stability to international buyers relying on the facility's output amid global energy market fluctuations.
Cheniere Energy is advancing its Corpus Christi liquefied natural gas facility expansion, strengthening its production capacity and long-term export projections.
Natural gas tankers are avoiding passage through the Strait of Hormuz even as crude oil traffic recovers, causing liquefied natural gas prices to remain near wartime levels. Geopolitical tensions and shipping risks continue to disrupt energy supply chains.
Widespread electricity blackouts have struck Pakistan as critical liquefied natural gas cargo deliveries are postponed amid broader regional shipping disruptions.
Consortium involving Pan American Energy (PAE), YPF and Pampa Energía, along with international partners, closes a key project finance deal; Funding unlocked to build the pipeline that will carry…
The energy company notified buyers in Europe and Asia that LNG cargo cancellations will continue as shipping through the Strait of Hormuz remains severely restricted due to security concerns.
Brazilian energy giant Petrobras is evaluating opportunities to increase liquefied natural gas shipments to Asian markets as global consumption accelerates.
As Egypt faces tightening domestic gas supplies, the recently approved Kronos project in Cyprus presents a strategic opportunity to supply Egyptian markets and strengthen both nations' positions in the European liquefied natural gas trade.
Cairo is positioning itself to regain prominence in global liquefied natural gas trade by leveraging new processing and export facilities developed in collaboration with Cypriot entities.
Moscow has issued stern warnings to the United Kingdom and broader European allies, threatening retaliation over the supply of long-range missiles to Ukraine. The diplomatic tensions coincide with heightened security alerts and strategic communications from Western intelligence officials.
Environmental campaigners have condemned the Danish government for simultaneously promoting national interests at international trade forums while allowing domestic shipyards to accept construction contracts involving vessels linked to Russian energy interests.
Natural gas storage facilities across Europe are at historically low levels for this time of year, with analysts warning that disrupted Middle East LNG flows could push wholesale prices above 100 euros this winter.
Energy data reveals a significant recovery in Russia’s liquefied natural gas and overall gas production figures for the January to July 2026 period, defying earlier market expectations of continued decline.
Six months of intensified regional conflict have severely disrupted liquefied natural gas shipments through the Hormuz waterway, causing Qatar’s export revenues to collapse by 96 percent while benefiting competing American energy firms.
A teenager was killed during operations at a grain processing facility in Eleja, Latvia, marking one of two fatal tractor-related incidents in the country on Tuesday.
Shares of the liquefied natural gas-focused firm have climbed significantly, though experts debate whether the current momentum can be maintained.
Equinor, a Norwegian energy company, stated that the multibillion-dollar Tanzania LNG project has become more attractive due to the ongoing conflict in the Middle East. The war in Iran is cited as a factor increasing the project's appeal.
Macedonian Prime Minister Hristijan Mickoski announced plans to link North Macedonia to the Alexandroupolis LNG terminal in Greece by early 2028, enabling American gas imports via interconnectors.
JPMorgan and Santander are reportedly leading the financing efforts for a significant Liquefied Natural Gas (LNG) project in Argentina.
State-backed energy companies in India are increasingly resorting to the spot LNG market and bidding up prices, as the government seeks to support fertilizer producers that rely on natural gas, exacerbated by the Iran war and potential Hormuz closure.
Bangladesh's national grid is receiving increased supplies of Liquefied Natural Gas (LNG), which is helping to alleviate the country's gas shortage.
India has reportedly purchased liquefied natural gas (LNG) at its highest price in years, with supply disruptions attributed to escalating tensions between the US and Iran.
PTT, a Thai state-owned energy company, announced a 1 trillion baht investment drive with the goal of becoming a leader in liquefied natural gas (LNG) by 2035.
Germany's gas storage levels have reached a record low, raising concerns about energy security and the country's reliance on LNG. Experts warn that LNG alone will not be sufficient to meet demand.
EQT is being evaluated for its potential to significantly benefit from the growing demand for LNG and power in data centers.
A summary of FLEX LNG Ltd.'s Q2 2026 earnings call has been released, detailing the company's financial performance and outlook.
Russian President Putin and Myanmar's regime leader have discussed expanding energy ties, with two-thirds of bilateral business transactions now conducted in Russian rubles as Moscow eyes Myanmar's offshore hydrocarbons and LNG market.
Several companies, including Accuray, Bill.com, Alvotech, and Estee Lauder, have announced their upcoming quarterly earnings reports, with some providing previews of their financial performance.
Europe's liquefied natural gas (LNG) storage levels are low, with too few LNG ships arriving to replenish reserves, leading to growing concerns about future supply.
ExxonMobil is moving forward with its $30 billion Rovuma LNG plant project in Mozambique, despite ongoing terrorist threats in the region.
Financial updates have been released for IWAICOSMO HLDGS INC and AWILCO LNG AS. These reports provide insights into the companies' recent financial performance.
Morningstar provides a sustainability report for the VegaShares AI Thermal, Cooling & Power Management ETF, identified by the ticker COOL.
Morningstar provides the stock quote and details for the COOL – VegaShares AI Thermal, Cooling & Power Management ETF.
UAE and Qatari firms have debuted in Venezuela through a BP-led gas deal, occurring as prolonged hostilities between the U.S. and Iran impact global energy supplies, particularly LNG shipments through the Strait of Hormuz.
Several companies, including Biofrontera, Lamar Advertising, Frontdoor, and Peloton, have released their second-quarter 2026 earnings reports and corresponding call transcripts. These releases provide financial updates and insights into their performance.
Alaska's governor has stated that the stalled bill concerning the Alaska LNG pipeline sends a 'negative signal' to potential investors and stakeholders. The delay in legislation raises concerns about the future of the significant energy project.
Datacentrex, Inc., Golar LNG, and Suzano S.A. have all released their second-quarter financial results. These reports provide updates on their performance and operational highlights for the recent period.
Several companies, including SeaStar Medical, Leslie's, and Liftoff Mobile, have released their Q2 2026 earnings, with mixed results regarding EPS and revenue targets. Additionally, previews for Q2 2026 earnings were provided for Global Water Resources, MediWound, and Tecogen.
Moscow is attempting to mitigate the impact of the EU's import ban on Russian liquefied natural gas (LNG), set to take effect in 2027, by exploring methods similar to its 'shadow fleet' for oil.
ONGC and Shell Energy India have signed an MoU to explore potential joint ventures in deepwater and ultra-deepwater oil and gas exploration, as well as LNG sourcing opportunities.
Adnoc Gas CFO Peter van Driel discussed the possibility of an LNG export plant on the UAE's east coast, following the company's second-quarter net income of $665 million, which surpassed analyst estimates despite Mideast shipping disruptions.
The Pan Niger Delta Forum (PANDEF) has lauded President Bola Tinubu's approval of a 15-year gas supply framework for UTM Offshore Limited, which will facilitate Nigeria's first Floating Liquefied Natural Gas (FLNG) project.
PANDEF has commended President Tinubu for securing a landmark 15-year gas deal for the UTM FLNG project, which is expected to significantly boost industrialization and economic growth in Nigeria.
Daewoo Engineering & Construction received a letter of intent from ExxonMobil Mozambique Limitada, being selected as an EPC contractor for the first phase of the Rovuma LNG project in Mozambique.
Capital Clean Energy Carriers Corp (CCEC), owned by Evangelos Marinakis, took delivery of the newly built LNG carrier 'Alcaios I' on July 31, 2026. This acquisition expands the company's fleet of liquefied natural gas vessels.
NLNG and CORA are celebrating 11 poets who have been longlisted for the 2026 Nigeria Prize for Literature. The event aims to foster literary engagement and recognize exceptional Nigerian writers.
A cargo ship was struck by a projectile near the Strait of Hormuz, off the coast of Oman, amidst ongoing uncertainty surrounding US-Iran talks. Iran's president stated that Tehran does not intend to expand the war, while Qatar continues efforts to find a solution between the US and Iran.
Belgium was reportedly entirely dependent on Russian liquefied natural gas (LNG) imports during the month of July.
The Australian government has softened regulations requiring liquefied natural gas exporters to reserve supplies for domestic users, replacing fixed quotas with an annual cap based on demand.
An analysis of Dynagas LNG Partners' semi-annual results highlights how an EU exemption protects the company's shipping rates from the geopolitical impacts of conflicts on LNG transport.
The Mozambique LNG project has announced plans to produce 5,000 tonnes of coconut biodiesel annually, diversifying its energy output alongside its primary liquefied natural gas operations.
Former Petrosen director general Al Aminou Lô publicly contradicted current leadership, criticizing the export of Senegal's LNG to Europe while selling it back domestically at market rates amid ongoing financial disputes.
Leaders in Central Province have unequivocally rejected the proposed 70:30 and 80:20 benefit splits for the Papua LNG project, citing a lack of legal and financial basis for the director's tier 1 proposal.
A liquefied natural gas tanker, which loaded in Qatar early last month, is heading toward the Strait of Hormuz in what could be the first visible attempt to exit the crucial waterway since July.
ExxonMobil is moving forward with acquiring the Papua LNG development from TotalEnergies after the French energy giant announced major contractual and commercial milestones toward a final investment decision.
Russian energy company Novatek has unveiled plans for a $950 million liquefied natural gas facility anchored directly to the ocean floor to expand production capacity.
Kumul Petroleum Holdings and TotalEnergies have signed an amended agreement to improve oversight and governance for the joint marketing of liquefied natural gas from the Papua LNG Project.
Spain experienced a historic pause in gas storage replenishment this summer as shipments fell by 23%, caused by LNG tankers being diverted to Asia and other European countries seeking better prices ahead of winter.
Lloyd’s Register has granted Approval in Principle (AiP) to CSSC Huangpu Wenchong Shipbuilding for a new liquefied natural gas bunkering vessel with a capacity of 12,500 cubic meters. The certification supports the growing demand for alternative marine fuels.
The country is expected to pay a 35-37% premium for its third floating storage and regasification unit, reflecting rising global LNG infrastructure costs.
Shares of the LNG shipping and technology firm Gaztransport & Technigaz saw a sharp rally, reflecting renewed investor interest in the sector.
Energy system operators from multiple countries signed a cooperation memorandum in Thessaloniki to extend the natural gas pipeline network toward the Western Balkans, opening pathways for American LNG imports.
Regional companies, including Poland's Orlen, have signed a new pact aimed at strengthening energy security, developing offshore wind infrastructure, and expanding LNG import routes across the Baltic region.
The Taiwanese government has outlined a substantial financial support plan for state-run energy firms to guarantee liquefied natural gas imports and protect consumers from price volatility as a temporary subsidy freeze expires.
Escalating tensions in the Strait of Hormuz have prompted Qatar and the UAE to divert liquefied natural gas cargo through alternative maritime routes. Analysts warn the prolonged geopolitical friction could also yield strategic and economic advantages for China.
Thai officials are accelerating investments in residential solar infrastructure to shield the national grid from volatile liquefied natural gas costs and ensure long-term energy security.
The managing director of MySep Middle East has shared strategic insights on improving operational efficiency and processing technologies across the region's oil, gas, and liquefied natural gas industries.
Moscow has nearly doubled its fleet of shadow tankers dedicated to liquefied natural gas exports in less than a year, aiming to circumvent Western restrictions and boost shipments.
Egypt's petroleum minister stated that natural gas import expenses have surged twofold, driven by elevated global energy prices exacerbated by ongoing regional warfare.
Ship-tracking data indicates a year-over-year decline in China's liquefied natural gas purchases this month, as soaring costs linked to Middle Eastern conflict dampen domestic consumption.
A critical shortage of regasified liquefied natural gas has led to significant power outages and dimmed cities nationwide, highlighting ongoing energy infrastructure challenges.
Delhi-NCR residents face a fuel price increase as Indraprastha Gas Limited raises CNG rates by ₹3.89 per kg, driven by soaring international LNG costs linked to disruptions in the West Asia conflict.
Indraprastha Gas Limited (IGL) has increased Delhi's CNG retail price to Rs 86.98 per kilogram effective August 29, citing rising liquefied natural gas (LNG) import costs.
The European Union is reviewing its energy security strategy as it moves forward with plans to eliminate imports of Russian liquefied natural gas. Policymakers are weighing the economic and supply chain impacts of the transition.
Qatar has extended its force majeure declaration on liquefied natural gas exports as shipping traffic remains disrupted in the Strait of Hormuz. The supply halt has pushed Asian LNG spot prices above $23 per million British thermal units.
TotalEnergies has finalized the transfer of its 10 percent stake in Russia’s sanctioned Arctic LNG 2 project, marking a significant step in its broader strategy to reduce exposure to Russian energy assets. The move aligns with international sanctions and positions the company to redirect capital toward other global ventures.
Nigeria’s president has instructed the Nigerian LNG company to prioritize domestic utilization of natural gas, transforming environmental liabilities into strategic economic advantages for local consumers.
Civil society organizations and business leaders in Mozambique are calling on the government and international investors to ensure that the restarted liquefied natural gas projects deliver direct economic benefits to local communities. Advocates emphasize that resource development must translate into improved livelihoods and infrastructure for affected residents.
Nvidia reported double-digit revenue growth and issued optimistic long-term AI spending forecasts, while also entering talks to acquire AI startup Hugging Face for approximately $13 billion. The news triggered a broad rally across Asian and US equity markets.
President Bola Tinubu has directed the Nigeria LNG company to maximize the nation's gas reserves and transform gas flaring activities into tangible economic advantages for citizens.
The disruption in the critical waterway has severely impacted global energy markets, causing a dramatic plunge in Qatari liquefied natural gas shipments.
Energy giant Equinor states that escalating tensions in Iran are increasing global energy security concerns, making the multibillion-dollar Tanzania LNG project more strategically attractive.
The International Energy Agency projects a sharp increase in Japan's wholesale electricity prices driven by rising liquefied natural gas import costs.
ADNOC has ordered two additional liquefied natural gas carriers to support rising energy export demands, extending a recent multi-billion dollar vessel procurement spree.
Iran has threatened retaliation following the announcement of new US sanctions, which target its already struggling economy. The UAE and China have also weighed in, with the UAE stating the Iran war is entering a new phase and China warning the US of potential counter-retaliation.
Bangladesh is facing significantly higher energy costs, with its September liquefied natural gas (LNG) purchase expected to be twice the rates seen before the war.
Bangladesh is actively seeking additional liquefied natural gas (LNG) cargoes as the ongoing conflict in Iran continues to disrupt energy flows through the critical Strait of Hormuz.
Workers at the Sines LNG terminal in Portugal are on strike, reporting 100% participation in the industrial action. The strike is expected to impact operations at the liquefied natural gas facility.
The Moheshkhali terminal has run out of LNG, causing Bangladesh's gas supply to fall below 2,200 mmcfd and raising concerns about energy security.
Only seven ships passed through the Strait of Hormuz overnight, with four entering and three exiting, a significant drop from pre-war levels when nearly a fifth of global crude oil and LNG transport passed through.
Several companies, including Futu Holdings, ScanSource, Golar, and Applied Industrial, have released their earnings call summaries and transcripts for the second and fourth quarters of 2026. These reports provide financial updates and insights into the companies' performance during the respective periods.
Malaysia's LNG exports are helping the nation weather the economic fallout from disruptions in the Strait of Hormuz, positioning it better than other affected countries.
Flex LNG has declared a dividend of $0.75, while Kohl's has announced a dividend of $0.125. These declarations reflect the companies' latest financial distributions to shareholders.
Unusually high prices for Re-gasified Liquefied Natural Gas (RLNG) are contributing to a significant increase in electricity costs. This surge is expected to make electricity particularly expensive on Wednesday.
ExxonMobil has announced the awarding of contracts worth one billion dollars for equipment and services for the first phase of the Rovuma LNG project in Cabo Delgado, Mozambique.
ExxonMobil has awarded contracts totaling $1.1 billion for its Rovuma LNG project in Mozambique, advancing the development of the liquefied natural gas facility.
Capital Clean Energy Carriers anticipates robust demand for Liquefied Natural Gas (LNG) extending through 2035 and has maintained dividend payments for 77 consecutive quarters.
Argentina LNG is actively seeking RIGI approval for its ambitious $51 billion integrated LNG export project, aiming to advance a significant energy development.
Morningstar provides a performance report for the VegaShares AI Thermal, Cooling & Power Management ETF, identified by the ticker COOL.
Ukraine has imposed sanctions on Russian vessels and companies accused of illegally exporting stolen Ukrainian grain, identifying numerous ships involved in these activities. Concurrently, Ukrainian forces continue to strike Russian targets, including ground-based relay stations and UAV command posts.
GasLog Partners announced a significant improvement in its profitability and operational performance during the first half of 2026. This recovery was primarily driven by a strengthening market for LNG transportation and higher operational levels.
Nigeria's Federal Ministry of Finance and the Nigerian National Petroleum Company Limited (NNPCL) are in dispute over unresolved audit queries, including a $3 billion pre-export loan and $722.6 million in LNG dividends.
NLNG and NCDMB launch a new Research and Innovation Centre at Rivers State University to boost computer and electrical engineering research and industry so Read More:…
Origin Energy announced a rise in its overall profit, even as its earnings from liquefied natural gas (LNG) experienced a decline.
Vietnam is reportedly considering a second long-term liquefied natural gas (LNG) contract, following an earlier agreement with Shell. This move indicates an expansion of the country's energy procurement strategy.
Energy veteran Peter Abdo has been appointed as the new chief executive officer of Grain LNG, the UK's largest liquefied natural gas import facility, with his tenure beginning in October.
Adnoc Gas is exploring the development of a new LNG export plant as a strategy to bypass the Strait of Hormuz. This initiative aims to create an alternative route for oil and gas exports, potentially through Syria.
There are clear questions about whether it the terminal is worth the money, says the group which includes Consumer NZ, Lawyers for Climate Action and the Sustainable Business Network.
The Nigeria LNG Limited (NLNG) has accused marketers of creating an artificial scarcity of cooking gas and inflating prices, alleging they sell LPG at N2,400/kg after purchasing it for N800-N900/kg.
Natural gas prices are reportedly receiving support from a surge in US liquefied natural gas (LNG) exports, indicating strong international demand for American energy resources.
Bangladesh is experiencing an improvement in its gas supplies following the successful restart of an LNG terminal, which is crucial for the nation's energy needs.
Russia is quietly expanding its 'shadow' fleet of liquefied natural gas (LNG) carriers by acquiring used vessels and commissioning its first domestically built tankers, ahead of an impending EU ban.
Russia is reportedly expanding its 'shadow fleet' of tankers to transport liquefied natural gas (LNG) in an effort to circumvent impending EU sanctions. This strategy aims to maintain its gas exports despite the looming ban.
DEPA Commercial announced the successful completion of its first delivery of 500 GWh of liquefied natural gas (LNG) to Bulgartransgaz via the Alexandroupolis Floating Storage and Regasification Unit (FSRU).
Eastern Platinum has secured a new C$2 million credit facility to support its mine ramp-up, while Golar LNG obtained a $600 million revolving credit facility. These financial agreements aim to bolster operations and future projects for both companies.
Canada is preparing to pitch tens of billions of dollars worth of projects, including data centers, LNG facilities, and mines, to major global investors as part of its economic strategy.
During a presentation at the Barclays conference, ExxonMobil executives emphasized strong synergies in the Permian Basin, robust cash flow from Guyanese operations, and continued growth in liquefied natural gas production.
Braze reported revenue growth that beat estimates but saw its shares fall due to margin pressures, while Medacta and XCMG Machinery also posted positive financial results. Conversely, Barnes & Noble Education missed top-line estimates despite an earnings beat.
The Russian project Arctic LNG 2 is seeking $1 billion in damages from South Korea's Hanwha Group, likely related to sanctions-related contract disputes.
TotalEnergies will reduce its ownership share and hand over operatorship of the Papua LNG development to ExxonMobil, a strategic shift that advances the project toward its final investment decision amid growing energy demand in the region.
Two major national energy firms are conducting feasibility studies to construct a dedicated pipeline infrastructure linking operations to the Yan liquefied natural gas facility.
French energy giant TotalEnergies is stepping back from its involvement in the Papua liquefied natural gas development, handing operational control to ExxonMobil as part of a strategic portfolio shift.
Natural gas prices across Europe have climbed as markets brace for potential supply shortages ahead of the winter season, driven by tightening liquefied natural gas (LNG) availability.
Ukraine is looking for a "package" from allies that would cover air defense reinforcements as well as energy, including US LNG. President Volodymyr Zelenskyy spoke to reporters after talks in Kyiv…
Credit rating agency Fitch has taken Qatar off its negative watchlist and maintained its AA sovereign rating, citing improved stability around key liquefied natural gas facilities. The adjustment reflects growing confidence in the emirate’s energy sector resilience.
North Macedonia and Serbia have formally joined the Vertical Gas Corridor, expanding natural gas network access into the Western Balkans and increasing supply diversification options.
Despite being named after low initial success odds, the four-member fifth-generation K-pop group LNGSHOT is defying expectations while embracing their unique moniker.
The docking of the Stingray vessel in Palma signifies substantial advancement in Mozambique's offshore natural gas development. Industry observers view the deployment as a critical step toward operationalizing major liquefied natural gas facilities.
Spot liquefied natural gas prices for Asian buyers have surged to their highest levels since 2022, driven by market anxiety over the widening military situation in Iran.
Iran fired missiles and drones at American military installations in Kuwait and the United Arab Emirates, marking a significant escalation in regional hostilities. The strikes come as President Trump considers whether to declare the conflict over while maintaining economic pressure on Tehran.
Tehran has added numerous crude oil tankers and LNG carriers to a restricted list, prohibiting them from navigating through the strategic waterway.
Nigeria’s domestic cooking gas supply reached 5,332 tonnes per day in July 2026, with NLNG/SEPNU leading the charge as local sources dominate the market.
Govt to procure 4 LNG cargoes to meet energy demand dhakatribune.com
Chemical company Methanex announced it will idle its New Zealand operations in early 2027, reigniting discussions about a controversial liquefied natural gas terminal project. Environmental groups have criticized the economic arguments used to justify the development.
Asian spot liquefied natural gas hit a five-month high on concern that disruptions to flows in the Strait of Hormuz would drag on.
Under a revised gas agreement signed recently, ExxonMobil will sell the Papua New Guinea government an additional 2.5 percent equity stake in the Papua LNG project, according to state negotiators.
The government on Saturday apologised to consumers for electricity loadshedding during the night, attributing it to the unavailability of regasified liquefied natural gas (RLNG), and assured them…
Authorities in the Delhi National Capital Region have increased compressed natural gas prices by Rs 3.89 per kilogram to offset surging liquefied natural gas expenses. The adjustment affects fuel pricing across major metropolitan stations in the area.
The Qatari state energy company has prolonged its temporary halt in liquefied natural gas deliveries to Italian buyers until late autumn.
German authorities report increased natural gas injections into storage facilities, driven by improving liquefied natural gas market conditions and milder weather forecasts ahead of winter.
Club of Mozambique highlights that liquefied natural gas exports have contributed $303.3 million to the national treasury since 2022, underscoring the sector's growing economic impact.
Members of parliament are urging the government to avoid rigid long-term fuel agreements, calling instead for adaptable LNG deals and coordinated development of solar, pipeline, and grid infrastructure.
Foreign exchange activity in Mozambique's interbank market surged significantly in the second quarter, driven by the resumption of liquefied natural gas operations and atypical currency conversions.
The Papua New Guinea government has finalized amendments to the Papua LNG development agreement, securing more favorable terms and establishing a clear pathway toward the project's final investment decision. The revised deal is expected to attract significant foreign capital while ensuring greater national economic benefits.
Venture Global has increased its financial guidance, leading analysts to speculate on a prolonged expansion phase for liquefied natural gas production and export infrastructure.
India's leading gas marketer GAIL has formally opposed the introduction of a new IGX platform for booking LNG terminal capacity, arguing it would increase consumer costs without delivering meaningful benefits over existing frameworks.
Qatari liquefied natural gas shipments have dropped dramatically following escalating tensions in the region, positioning the Gulf state as a major economic casualty of the Iran conflict.
Energy giant ExxonMobil has allocated US$4 billion specifically for local procurement and workforce development as part of its ongoing Rovuma Basin liquefied natural gas operations in Mozambique.
Natural gas prices across Europe have surged to their peak since 2023, driven by already low inventory levels and disrupted supply chains linked to the ongoing conflict involving Iran.
Major global banks are spearheading unprecedented financing talks for a massive liquefied natural gas project in Argentina, which aims to export shale gas reserves via one of the world's largest floating facilities.
The country is accelerating plans to expand its LNG import terminals and distribution networks to meet rising domestic energy demands and support industrial growth.
Monday's top Wall Street analyst research calls include recommendations and insights on various companies such as AstraZeneca, Celestica, Chipotle Mexican Grill, and Roku.
US liquefied natural gas (LNG) exports are facing a significant challenge as high global gas prices put their long-term viability to the test.
Latvian State Police are searching for 13-year-old Daniels Jefimovs, who went missing from his home in Riga on August 22nd and has not returned.
Golar LNG has successfully locked in what is described as the world's scarcest LNG capacity, a strategic move in the liquefied natural gas market.
Italian energy giant Eni has announced its strategic objectives, focusing on boosting production, expanding its Liquefied Natural Gas (LNG) operations, and delivering greater returns to shareholders.
Despite slower-than-usual gas supply due to the war in Iran diverting LNG to Asia, a European Commission spokesperson stated that the situation regarding gas reserves for winter is 'stable' and without risks.
Market traders are preparing for a prolonged period of tight supply and high prices for oil and liquefied natural gas (LNG) as optimism for a quick resolution to current market pressures diminishes.
Flex LNG and Coloplast A/S both reported strong second-quarter results, beating top-line and bottom-line estimates. Both companies have reaffirmed their financial outlooks for fiscal year 2026.
Stabilis Solutions (SLNG) made available the transcript from its second quarter 2026 earnings call, providing a record of its financial results and corporate updates.
European Union gas storage levels have fallen to their lowest mid-August point in five years, with analysts expressing concerns that the bloc may not meet its winter target due to persistent disruptions in Middle Eastern LNG supplies.
ExxonMobil has awarded contracts worth $1.1 billion for its Rovuma LNG project in Mozambique, signaling progress on the major energy development.
Argentina LNG is seeking RIGI approval for its ambitious $51 billion integrated LNG project, aiming to advance a significant energy development.
Chattogram is experiencing another gas crisis because an LNG vessel cannot berth due to rough sea conditions.
Morningstar offers chart information for the VegaShares AI Thermal, Cooling & Power Management ETF, identified by the ticker COOL.
Argentina's state-owned energy company, YPF, has filed to include its Argentina LNG project in a special tax program, marking the largest RIGI project ever at an estimated US$51 billion.
A summary of Golar LNG Limited's Q2 2026 earnings call, outlining the company's financial results for the quarter.
New Zealand's ombudsman has ruled that a document concerning liquefied natural gas should not have been hidden. The document, now fully released, concluded that access to LNG was unlikely to affect average electricity prices.
Golar LNG has signed a $2.5 billion agreement for its fourth floating liquefied natural gas (FLNG) vessel, expanding its fleet.
South Korea's SK Shipping is set to become Asia's largest operator of liquefied natural gas (LNG) carriers following a significant asset swap deal with H-Line Shipping, valued at over a trillion won.
A report indicates that Belgium's Liquefied Natural Gas (LNG) imports in July were entirely sourced from Russia.
India is expanding its energy import portfolio for both LNG and crude oil, aiming to reduce reliance on any single market or transport route. The government is also boosting domestic crude oil storage infrastructure.
European natural gas prices rose as discussions between Iran and Oman to reopen the Strait of Hormuz failed to convince traders that a deal would lead to a quick resumption of global LNG flows.
Jānis Melngailis, a physics professor and entrepreneur, has been baking and distributing Latvian rye bread in the United States for many years. The bread, made in a New York bakery and sold across various US cities, is both his passion and a unique life story.
Russia is reportedly expanding its shadow fleet model, previously used for oil, to transport liquefied natural gas (LNG). The country already possesses 25 specialized tankers and is seeking new buyers, with China identified as the most likely partner, despite the higher costs and complexities involved compared to oil transport.
Romania's natural gas transmission operator, Transgaz, is exploring potential investment opportunities in a US-based liquefied natural gas (LNG) export project.
Energy experts predict significant increases in electricity prices for the upcoming winter, attributing the hikes to rising natural gas prices, uncertainty over LNG supplies, and the recent European heatwave.
An Australian regulator has filed charges against Japan's Inpex for alleged license breaches, including under-reporting of benzene and toluene emissions, at its Ichthys LNG project between 2019 and 2024.
Europe and parts of Asia are experiencing extreme heatwaves and severe drought, leading to record low river levels, water restrictions, and multiple heat-related deaths. The prolonged high temperatures are also straining energy systems and impacting agricultural workers.
Poland is progressing towards establishing a third LNG terminal, with the goal of becoming a regional gas hub. The finalization of agreements for gas supply from this terminal is expected to facilitate market liberalization.