NewMed Energy, the Israeli natural gas company and LNG project developer in the East Mediterranean, has taken a positive final investment decision for a third natural gas pipeline for production wells in the Leviathan gas field amid LNG export and domestic supply plans.
Free ReadEnagás, the Spanish gas grid and terminals operator, said the El Musel liquefied natural gas re-loading facility in Northwest Spain designated to supply the European Union has received its first cargo that was loaded on the US Gulf Coast. Enagás has re-activated the existing El Musel terminal on the Bay…
Reliance Industries Limited, the Indian conglomerate and a leading energy company supplying rising domestic gas volumes to supplement LNG imports, has started up a third gas field in the Krishna Godavari Basin KG-D6 block on the East Coast of India in a joint venture with BP of the UK.
Asian liquefied natural gas prices increased as cargo deliveries to China, Japan and South Korea neared 60 shipments per week while European Union wholesale gas prices stalled as storage levels reached more than 80 percent in nations like Germany, Italy and Spain.
Intercontinental Exchange, the leading global provider of energy trading platforms for futures and options, reported record Open Interest including European natural gas and oil contracts amid further development of US Midland oil and the Brent crude basket.
SEA-LNG, the coalition established to demonstrate the commercial and environmental benefits of LNG and the pathway it provides for cleaner shipping, has urged “clear and consistent” regulation from the International Maritime Organisation.
Argentina has so far secured 44 liquefied natural gas cargoes for around $2 billion dollars and the country has expanded LNG imports because it does not have enough pipeline capacity to supply gas from its main fields to areas with the highest demand during the Southern Hemisphere winter.
The former BP Statistical Review of World Energy was handed over this week for its 72nd edition to the UK-based Energy Institute (EI), the chartered body for the energy industry and which will be the new custodian of the Review carrying the latest data from LNG to coal and renewables.
Free ReadOsaka Gas, the Japanese utility and leading liquefied natural gas importer, plans to launch the company’s first ship-to-ship LNG bunkering business for customers in the Osaka Bay and the Seto Inland Sea areas of Japan. The operations will be led by a specialized LNG bunkering vessel from fiscal 2026. “This…
Saipem, the Italian energy engineering company working on oil, pipeline gas and LNG projects worldwide, said it was awarded new contracts worth $1 billion for crude and gas in Saudi Arabia and the development of underwater drones in Brazil as a new survey underpinned the long-term viability of oil in…