The US navy could soon begin escorting vessels through the Strait of Hormuz, President Trump has said.
A New York state judge has rejected UK oil major Shell’s request to throw out an arbitration award that favoured Venture Global in a dispute over the US LNG plant developer’s alleged improper sale of LNG.
Asia-Pacific energy exporters – notably Australia – stand to benefit first if the Iran conflict prolongs disruption to Qatari LNG supply as buyers scramble for replacement cargoes, Fitch Ratings said. Buyers are turning to producers in Australia and Indonesia, which offer immediate alternatives.
US LNG developers have secured 40 mtpa of LNG offtake from planned export projects in 2025, their strongest commercial year since 2022. Port Arthur LNG Phase 2 led the pack with 1.4 Bcf/d contracts, and Asian and European buyers keep coming for more amid Qatar’s export suspension.
Despite a 52% surge at Europe’s TTF gas trading hub, price-sensitive Asian buyers will bear the brunt of supply constraints – rather than premium markets like Europe that are willing to bid aggressively for cargoes.
Due to Iranian attacks on QatarEnergy’s operating facilities in Qatar’s Ras Laffan Industrial City and Mesaieed Industrial City, QatarEnergy ceased LNG and associated products’ production on Monday, sending European and Asian gas prices soaring.
US LNG developer, NextDecade Corp has given an update on activities during the fourth quarter of last year and the early first quarter of 2026.
Venture Global LNG has agreed to sell about 0.5 mtpa of US LNG to commodity trader Trafigura for five years starting in 2026. The contract highlights how traders are locking in flexible US LNG volumes to brace for the risk of a protracted halt of shipments out of Qatar.
Qatar’s stock market fell sharply after QatarEnergy announced it had suspended LNG output after drone attacks attributed to Iran hit facilities in Ras Laffan Industrial City and Mesaieed Industrial City. Crude oil prices soared 13% to over $82 while prices at Europe’s gas trading benchmark, the Dutch TTF surged by…
TEPCO is rushing to restart of Unit 6 Japan’s largest nuclear power station to displace LNG-fuelled power at a time of escalating gas prices. With 1,356 MW installed capacity, Kashiwazaki-Kariwa Unit 6, is could help avoid combustion of 1.3 million tons of imported LNG, based on Japanese government estimates of…