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2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
1 min read
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
5 mins read
State-owned oil stocks have more juice left in the barrel
Few stocks can claim to have juice left as markets hit staggering heights as 2023 bid goodbye. Publ…
1 min read
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
1 min read
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
1 min read
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
2 mins read
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
1 min read
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
2 mins read
Sanctions against Russia will last 'for years to come' as the US aims to cut Moscow's oil and gas revenue in half by 2030
Limiting Russia's energy revenue will ensure that Moscow can't rearm for future aggression, Geoffre…
Filip De Mott
2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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…