Britain to announce new sanctions affecting Russian LNG
The British government is anticipated to announce new sanctions today targeting Russia’s illicit shadow fleet for oil and LNG, following the interception of a sanctioned Russian oil tanker in the Channel on Sunday. The move could disrupt a segment of LNG trade that relied on opaque shipping and financing channels.
Ichthys LNG strike extended to July 6; all loadings at risk
Australia's Offshore Alliance is seeking to extend industrial action through July 6, threatening to halt all loadings at the Inpex-operated Ichthys LNG terminal. The strikes were initially expected to end on June 23.
China’s e-truck push dents diesel, reshapes LNG demand
China’s push to electrify heavy-duty trucking is set to materially lift electricity demand, with potential knock-on effects on LNG imports. Around Beijing, electrification rates are expected to reach as high as 80% on certain corridors, accelerating the shift away from diesel and LNG toward grid-based energy.
InCommodities targets North America
Danish energy trader InCommodites, backed by Goldman Sachs, is preparing to make a foray into physical gas markets in the United States and Canada, venturing beyond its core European power and gas trading business. The Aarhus-headquartered company reported a sharp drop in 2025 net profit to €2.95 million, down from nearly €73 million a year earlier, citing tighter trading margins and increased upfront investment in building out trading desks in the US and Asia.
Woodside denies Exxon takeover bid
Woodside Energy said on Monday it is not aware of any takeover proposal Exxon Mobil and is not engaged in any such discussions. There is no certainty Exxon will proceed with a bid, as both companies continue to collaborate on the Bass Strait project.
Hormuz set to reopen June 19 as US, Iran finalise peace deal
The Strait of Hormuz, a critical chokepoint for roughly 20% of global LNG supply, will reopen to shipping on Friday, June 19, after the US and Iran formally sign a peace deal to end the war, US President Donald Trump confirmed. Brent crude futures fell 4.1% in early trading on Monday on the news.
Golden Pass: two cargoes, one empty carrier
Golden Pass LNG Train 1 is still finding its feet, having exported only two cargoes to date – one to Belgium and one to Taiwan – with roughly 0.14 mpta combined, according to LNG Journal calculations. Unplanned maintenance is understood to hamper Golden Pass LNG’s ramp-up nearly two months after its inaugural cargo.
Delfin in talks with Samsung for two more FLNG vessels
Delfin Midstream is close to signing a contract with Samsung Heavy Industries for the supply of the second and third floating liquefied natural gas (FLNG) vessels for its Delfin LNG export project in Louisiana.
Shell pauses $3bn buyback, lifts LNG Canada feedgas exposure
Shell has temporarily suspended its $3 billion share buyback programme, citing legal constraints linked to its pending acquisition of ARC Resources. The $16.4 billion deal would expand Shell’s position in the Montney Shale – a key source of feedgas supply for LNG Canada.
Neptun Deep jacket shipped to Romania
Saipem has shipped a key offshore platform jacket for Romania’s Neptun Deep project, led by OMV Petrom and Romgaz with up to €4 billion investment combined. Neptun Deep is expected to produce about 100 bcm of natural gas, bolstering Eastern Europe’s energy security and reducing dependence on imported LNG.
