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Tuesday, 22 July 2025
Influenced by shareholder pressure to switch the company’s focus away from renewables and back to fossil fuels, UK energy giant bp has replaced its Chairman.
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Tuesday, 22 July 2025
Lithuanian-based EPC contractor, MT Group, has won a major contract to undertake the topside and onshore-based infrastructure at Germany’s new jetty at Brunsbüttel FSRU LNG terminal.
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Tuesday, 22 July 2025
US-based Hanwha Philly Shipyard, a subsidiary of the South Korean shipbuilding giant, Hanwha, has secured a Won348 bill ($250 mill) order to build an LNGC for Hanwha Shipping.
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Tuesday, 22 July 2025
Philippine power generators are burning less coal in the first time in 20 years as Asian spot LNG prices are down 13% year-to-date on tepid demand which makes natural gas a more competitive fuel. The benchmark Asian spot LNG price for September delivery dropped $2.70 to $12.30 per MMBtu on…
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Tuesday, 22 July 2025
Amazon Web Services will help SK Group build Korea’s first AI hyperscale data centre in Ulsan, powered by LNG. All electricity needs of the data center will be met by Ulsan Gas Power Station (1,200 MW), capable to switch to LPG when LNG prices rise.
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Monday, 21 July 2025
The Middle East is on track to overtake Asia to become the world’s second-largest gas producer in 2025, behind North America.
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Monday, 21 July 2025
Global gas consumption is projected to grow by 2% this year, primarily driven by rising demand in North America and Asia.
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Monday, 21 July 2025
Asian spot LNG prices fell last week week, due to weaker demand and strong inventories, plus south Asian buyers found the current prices too high.
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Monday, 21 July 2025
Heatwaves in the eastern part of the U.S. have sent Henry Hub futures soaring as gas-burn stays high at 49.3 bcf/d through July 25, while financial flow risk is skewed to the upside, Energy Aspects finds.
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Friday, 18 July 2025
Last month, LNG export plant developer, Mexico Pacific, asked the US Department of Energy (DoE) for a seven-year extension on its deadline to start exports from its $15 bill Saguaro.Energia project in Sonora, Mexico.
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