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Free ReadUS engineering giant, Baker Hughes and LNG developer, NextDecade Corp have signed a framework agreement. This involves NextDecade utilising Baker Hughes’ gas turbine and refrigerant compressor technology at the planned Rio Grande LNG export plant. Both companies will also enter into contractual services agreements to perform maintenance work for the…
A substantial 13 GW of nuclear capacity built by 2051 is meant to replace coal generation in Australia, if the Liberal National Party (LNP) wins the federal election in early May. The incumbent Labor government targets 82% renewable energy – though short-term grid stability hinges on dispatchable gas power plants, partly…
US developer, Delfin LNG has been given more time to start exporting from its proposed project located offshore Louisiana.
Hungary aims to expand its co-operation with Romania in the gas sector to diversify its energy sources.
Free ReadGeopolitical shifts between the US and Europe are introducing new variables to established trade flows.  Recent policy discussions, including potential tariff impositions and evolving energy strategies, could reshape LNG sourcing patterns in the coming years, consultancy Drewry said in a comment. While the US has dominated European LNG imports since…
Strong global LNG demand has prompted Expand Energy to allocate up to $1.2 billion for drilling and completing rigs in the Haynesville Basin, 4% of its total drilling Capex. These monies spent cater for seven to nine new rigs as Expand Energy is the most cost-efficient player in the Haynesville,…
Monday, 10 March 2025
Free ReadPolish energy company, ORLEN has signed an LNG co-operation agreement with Ukraine’s Naftogaz. This will allow Ukraine to create a more diversified supply of LNG, the Polish company said. The first move under the agreement was ORLEN selling gas from an LNG cargo. This agreement is a framework arrangement aimed…
China’s National Pipeline Network Group (PipeChina) has launched its annual bidding process for LNG terminal access.
Monday, 10 March 2025
Free ReadAsian spot LNG prices were flat last week, remaining at a 10-week low amid Europe’s bearish gas price sentiment. However, some emerging spot demand did curb losses. The average LNG price for April delivery into northeast Asia was at $13.50 per MMBtu, industry sources estimated, reported S&P Global. Asian LNG…
During a visit by US Secretary of Energy, Chris Wright, Secretary of the Interior, Doug Burgum, Louisiana Governor, Jeff Landry and other federal, state and local officials and stakeholders to the Plaquemines LNG site, developer Venture Global announced huge expansion plans.