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Thursday, 18 December 2025
Energy import-dependent Japan has again lowered LNG-burn for power generation to the lowest levels in a decade due to high fuel prices and robust recovery of nuclear baseload power. Japan’s nuclear reactors generated the highest electricity output since the 2011 Fukushima disaster while gas-fired generation fell 25% in the first…
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Wednesday, 17 December 2025
Hungary's state-owned energy company, MVM Group has signed a five-year contract with US energy major, Chevron for the supply of 2 bill cu m of LNG, the Hungarian Foreign Minister has revealed, Reuters reported.
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Wednesday, 17 December 2025
The Japanese industry ministry has announced that domestic companies will gain more control over the Japan Organisation for Metals and Energy Security (JOGMEC) backed LNG joint ventures.
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Wednesday, 17 December 2025
Negotiations have begun to build a Sri Lankan LNG terminal, the island’s Ambassador to Russia, Shobini Gunasekera said in an interview with Russian news outlet TASS.
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Wednesday, 17 December 2025
Santos CEO Kevin Gallagher has indicated a “significant” part of the multi-billion Papua LNG development will be funded by project financing, backed by the strong performance of the nearby PNG LNG project, whose debt was repaid six months ahead of schedule.
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Wednesday, 17 December 2025
Lower oil prices are eroding profit margins of global oil and gas companies, forcing deeper structural cost cuts and threatening share buyback programs. If oil prices stay below $70 per barrel, supermajors’ free cash flow could plunge by up to 30 percent in 2026, Wood Mackenzie forecasts.
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Tuesday, 16 December 2025
The US has insisted that the European Union exempt it from obligations to report data under the EU Methane Regulation until 2035, according to a Reuters report, citing a US document circulated to EU governments.
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Tuesday, 16 December 2025
US LNG developer newcomer, ST LNG has requested long-term, multi-contract authorisation to export US produced LNG up to the equivalent of 460 bill cu ft of natural gas per year to both US free trade agreement (FTA) and to non-free trade agreement (NFTA) countries.
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Tuesday, 16 December 2025
Pakistan’s cabinet has approved the diversion of 45 LNG cargoes, due to shrinking consumer demand.
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Tuesday, 16 December 2025
Representatives from Chesapeake Utilities and BHE GT&S, a subsidiary of Berkshire Hathaway Energy, have presented a plan to the Port Canaveral Authority Board of Commissioners calling for a gas liquefaction facility to be built in Brevard County.
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