ADNOC’s finance arm, XRG has closed its acquisition of an 11.7% equity stake in Phase 1 (Trains 1-3) of the Rio Grande LNG project in Brownsville, Texas.
A subsidiary of China’s Sinopec has commissioned an expansion project in the country’s first shale gas processing plant.
Russia’s energy giant Gazprom is expected to start producing gas at the Sakhalin-3 offshore project in 2028, with supplies to China via a new Far Eastern pipeline set to undercut the cost of LNG imports, according to Russian officials and industry data.
Türkiye’s state owned oil and gas supplier, BOTAŞ has signed an LNG heads of agreement (HoA) with Woodside and a sales and purchase contract (SPA) with trading house, Mercuria.
Finance and trading company, Macquarie is planning to expand its LNG business by growing its physical trading department.
The TotalEnergies chartered LNGC, ‘Minerva Amorgos’ sailed from Egypt's Idku LNG terminal on 20th September with an export cargo bound for Europe, according to S&P Global Commodities at Sea (CaS) data.
The Trump administration has started to implement a landmark trade deal by lowering auto tariffs to 15% – now the onus is on the EU to purchase $750 billion in US LNG, oil, and nuclear energy products by 2028. Additional long-term deliveries of US LNG will help the EU bring…
Eastern Pacific Shipping through EPS Ventures (EPS) is seeking to buy all of LNGC owner Cool Company’s (CoolCo) shares that are not already held by EPS in exchange for $9.65 in cash per common share.
The US Department of Energy (DoE) has given Golden Pass LNG permission to export 50 bill cu ft of previously imported LNG from overseas sources for two years starting from 1st October, according to the DoE’s website.
On 19th September, production started from Equinor’s Askeladd Vest subsea gas field in the Barents Sea.