Sempra Infrastructure, through its subsidiary IEnova, has received a six-month regulatory extension to begin exports of US-sourced LNG from the Phase 1 of its Energía Costa Azul LNG project in Baja California, Mexico. An order, signed by US Secretary of Energy Chris Wright, extends the deadline to September 21, 2026.
Global LNG exports fell to a six-month low this month, erasing recent US and elsewhere supply additions, as the conflict in the Middle East halted shipments.
Major LNG importer, Italy is talking to several countries, including the US, Azerbaijan and Algeria, to secure gas supplies, Energy Minister Gilberto Pichetto Fratin has confirmed.
Bangladesh is seeking to borrow billions of dollars to secure much needed fuel and LNG imports.
As the war continues, so does the tit-for- tat rhetoric that came out of Iran and the US over the weekend.
Australia’s Prime Minister Anthony Albansese is considering a windfall tax on gas producers as LNG prices surge, asking to model new levy options for the gas industry. Government data showing LNG exports worth about A$65.4 billion and volumes of 79.8 million tonnes in the 12 months to April 2025.
India’s energy security is under strain due to loss of Qatari LNG deliveries, prompting Petronet to activate emergency clauses in other import agreements and scrambles for spot cargoes from Australia and the US to offset the shortfall.
QatarEnergy has confirmed that the damage to its Ras Laffan Industrial City caused by the recent missile strikes, will cost about $20 bill per year in lost revenue and to take up to five years to repair, impacting supply to markets in Europe and Asia, it said in a statement.
In an effort to ease energy prices, US President Trump has granted a 60-day waiver of the Jones Act.
Woodside Energy’s Board has appointed Elizabeth (Liz) Westcott as CEO and Managing Director.