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LNG shipping is undergoing a rapid fleet expansion, with a large delivery schedule extending through 2027.
Russia's LNG exports have dropped thus far this year.
Asian spot LNG prices firmed slightly after two previous weeks of decline, as geopolitical risk factors, including US threats of sanctions on energy producer Russia, and supply concerns lent support.
NextDecade Corp has released an update on its Rio Grande LNG development for the second quarter and early third quarter 2025.
Abu Dhabi’s ADNOC Gas has signed a 10-year LNG supply agreement with Hindustan Petroleum Corp (HPCL).
The British Columbia government is contributing $200 mill to the Cedar LNG facility located on the province’s north coast.
LNG developer Kosmos Energy generated a net loss of $88 mill, or $0.18 per diluted share, for the second quarter of this year.
French utility, Engie has posted a 9.4% fall in half-year earnings, as higher income from natural gas distribution failed to offset lower energy prices and hydropower production.
US engineering company, Fluor Corp. has been awarded a contract to update the front end engineering and design (FEED) for the proposed LNG Canada Phase 2 expansion project, through its joint venture with JGC.