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Thursday, 28 November 2024
Abu Dhabi’s energy giant, ADNOC has launched XRG, an international lower carbon energy and chemicals investment company. It has an enterprise value of over $80 bill.
Free ReadIndia is poised to snap up big parts of the substantial volume of uncontracted LNG from the Middle East. Buying interest is on the rise as the Indian government allows utilities to blend LNG with domestically produced gas in a bid to make it more affordable for power generation, compared…
Next summer’s European natural gas prices have held their backwardation against their winter 2026 counterpart. This was the opinion of sources who said that improving global supply-demand dynamics will be seen later that year, S&P Global said in a report. 
Wednesday, 27 November 2024
New Fortress Energy (NFE) has completed the first phase of its $2.7 bill issuance of new senior secured notes. due 2029. This transaction will be completed in two steps, NFE explained.
Wednesday, 27 November 2024
Burckhardt Compression has won a contract to supply boil-off gas (BOG) and pipeline injection compressors (MSO) for a new LNG regasification terminal at Brunsbüttel, Germany.  Regular terminal operations are due to start in 2027.
OLT Offshore LNG Toscana’s FSRU terminal has resumed full operations. 
Free ReadVerso Energy has reserved a site for a new plant to produce hydrogen (H2) and biogenic synthetic fuels at the Port of Oulu, in northern Finland. Similar production sites exist in various parts of France, and Verso's synfuels production process combines green H2 with carbon dixoide (CO2) recovered from nearby…
Tuesday, 26 November 2024
The last two winters in the Northern Hemisphere were exceptionally mild, keeping global natural gas markets well supplied and balanced at relatively low prices.  Going into this winter, price are only slightly higher than last year at the same time based on current forward natural gas and LNG prices in…
Argentina’s state-owned energy company, YPF is to join a consortium being put together by shale driller Pan American Energy Group (PAE) and Golar LNG. In a social media post, YPF President, Horacio Daniel Marin said that  the merger would be key to helping boost production and exports at Vaca Muerta,…
In a note, Rob Thummel, senior Portfolio Manager at Tortoise Capital, addressed energy companies’ future spending, as he saw it.  “Capital spending at energy companies should stay at the same level, or it may rise a little bit. This will result in production growth being steady, although it’ll be small single-digit…