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AKTOR LNG USA, a subsidiary of Greek energy company, AKTOR has signed a long-term sales and purchase agreement (SPA) with ALBGAZ, Albania’s state-owned natural gas company, to import US LNG for 20 years.
Chinese LNG imports in April are expected to be the lowest since 2018, based on data from Kpler, Bloomberg reported, citing soaring prices.
European Commission (EC) President, Ursula von der Leyen has warned of rising energy costs for European Union member countries caused by the conflict in the Middle East.
Expand Energy has terminated its first-ever offtake agreement with Delphin LNG and replaced it with a larger contract that more than doubles volumes to 1.15 mtpa of LNG per year at Henry‑Hub‑linked pricing. Shipments will originate from Delfin FLNG Vessel 1, with targeted commercial start around 2031.
Numerous Japanese utilities have withheld full-year earnings guidance as the Middle East conflict drives up LNG costs and clouds fuel supply. Bloomberg reported that Asian LNG prices have surged 70%, exemplifying how exposed Japan’s power sector remains to the global gas market.
Energy price explosion. The World Bank has forecast a 24% surge in energy prices this year, due to the Iran war and the resulting blockade of the Strait of Hormuz, according to its latest Commodity Markets Outlook.
UK energy giant Shell's move to buy one of Canada's largest natural gas producers increases the likelihood that the LNG Canada plant expansion will move ahead, industry sources told newswires.
French utility EDF has postponed a decision to sell part of its Italian subsidiary Edison, due to the Middle East conflict disrupting Qatar LNG supplies imported into Italy, sources have told Reuters.
Argentina’s Camuzzi Gas Inversora has signed a memorandum of understanding (MoU) with commodity trading giant, Vitol regarding its LNG del Plata project.
TotalEnergies Board has approved the first quarter 2026 financial statement.
