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LNG, which will fuel a third of India's heavy duty trucks soon, has a 30% bigger greenhouse gas footprint than coal: study

According to a draft policy by the Ministry of Petroleum and Natural Gas, India plans to fuel a thi…

PTI   


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India to sign $78 billion deal to extend Qatar LNG imports

India is likely to sign a USD 78 billion deal to extend LNG imports from Qatar by another 20 years …

PTI   


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India's biggest LNG importer posts record profit in Q3 at Rs 1,190 cr

Petronet LNG Ltd, India's biggest Liquefied Natural Gas (LNG) importer, posted a record third quart…

PTI   


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Russia's biggest energy company says it'll take it at least 10 years to recover gas sales lost because of the Ukraine war

The gas giant's export volumes won't return to pre-war levels until at least 2035, a firm-commissio…

Filip De Mott   


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Natural gas prices fall to 25-month low as key Texas LNG facility looks to restart exports

Freeport LNG asked federal regulators to bring a Texas export hub back online, according to a filin…

Brian Evans   


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The European Union has spent $13 billion on Russian LNG this year - 5 times more than in 2021

Europe spent $13 billion on LNG from Russia from January to September of this year, which is five t…

Brian Evans   


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Australian LNG exporter ships a rare cargo to Europe as buyers rush to secure alternatives to Russian supplies

Australia's Woodside Energy has delivered an LNG cargo to German utility Uniper as European buyers …

Zahra Tayeb   


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China signs $60 billion LNG deal with Qatar - one of biggest deals ever for the highly coveted fuel

China will receive roughly 4 million tons annually of liquefied natural gas from Qatar starting in …

Brian Evans   


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The US has become the world's top LNG exporter as it funnels supply to European consumers at the mercy of Russia

According to the Energy Information Administration, 71% of US LNG exports went to the EU and UK as …

Zahra Tayeb   


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China's imports of Russian LNG jump 29% so far this year while Beijing's trade with other countries decline

Meanwhile, China's imports of liquified natural gas from Australia tumbled 29% and imports from the…

Phil Rosen   


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Oil and natural gas prices could spike 40% this year if war spreads across the Middle East, economist says

If tensions in the Middle East spiral out of control it would slow global growth and limit trade vo…

Filip De Mott   


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Gas prices could be driven higher as European and Asian suppliers race to charter LNG tankers

The race to charter LNG tankers is bad news for anyone hoping for relief on natural gas prices.

Jennifer Sor   


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Europe's energy crisis still isn't over

Though European gas prices have tumbled 37% since November, Goldman Sachs says that's due to demand…

Phil Rosen   


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Europe is turning to floating LNG terminals as it scrambles to solve its natural gas crisis

Offshore LNG units are headed to Finland and Italy in 2022, among the 25 due to arrive in Europe in…

George Glover   


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Exxon is backing a natural gas mega-project in Qatar as global energy supplies buckle under pressures stemming from Russian's war on Ukraine

Qatar is working to expand its North Field East project to boost its annual LNG capacity to 110 mil…

Carla Mozée   


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Leading gas importer Japan says LNG is sold out until 2026, as energy-squeezed countries battle over dwindling supplies

"The LNG procurement environment has changed completely. Procurement can also be said to be in a st…

Zahra Tayeb   


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EU ramps up Russian LNG purchases by 50% this year as Moscow cuts off natural gas pipeline supplies

Imports of Russian LNG totaled 15 billion cubic meters through September, up 50% from last year.

Jennifer Sor   


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European natural gas prices soar by almost 40% after fire at key US export terminal

The Freeport terminal in Texas will be closed for at least three weeks, slashing European natural g…

George Glover   


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1 min read

Top LNG supplier to Europe warns this winter 'could be really, really tight' amid global supply crunch

"At the end of the day, what's going to decide how tight the market will be is how cold it is and h…

Brian Evans   


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Vladimir Putin's 'gas blackmail' is failing as an LNG revolution allows Europe to end its dependence on Russia, says Yale professor

The European energy crisis will improve sooner than previously thought as gas evolves into a "buyer…

Brian Evans