LNG

Such is the demand to move cargo through the Panama Canal, an LNGC paid $4 mill to jump the queue and avoid a possible five day wait, according to an official record, newswire AFP reported.

Qatar Gas Transport Co (Nakilat) achieved a net profit of QAR439 mill for the first quarter of this year, slightly above QAR433 mill recorded for the same period of 2025.

LNG terminals and downstream infrastructure company, AG&P LNG, a subsidiary of Nebula Energy, is to acquire 100% stake in the Cai Mep LNG terminal, located in Vũng Tàu province in South Vietnam.

This move follows AG&P LNG’s initial acquisition of a 49% stake in 2024 and reflects Nebula Energy’s strong commitment towards Vietnam economic development.

Upon completion of the transaction and regulatory approvals, Cai Mep LNG Terminal Co will become a wholly owned subsidiary of AG&P LNG, with Hai Linh Co fully divesting its shareholding.

The deal remains subject to customary regulatory approvals and closing conditions.

Italian energy major, Eni has announced a new large gas discovery made by the Geliga‑1 exploration well, drilled in the Ganal block in the Kutei Basin, offshore Indonesia, about 70 km from the East Kalimantan coast.

An LNGC has arrived at the Texan Golden Pass LNG export terminal to load the inaugural cargo.

A proposed £20 bill gas pipeline project has been put forward to transport gas from Nigeria to Morocco.

Germany is to begin to privatise SEFE, the former German Gazprom subsidiary, its CEO told the Financial Times

The energy subsidiary was seized by Berlin after Russia's 2022 invasion of Ukraine.

Once privatised, the former German state-owned company also intends to raise €1.5-2 bill through a capital increase to fund the business expansion.

Singapore is receiving additional  LNG from outside of the Middle East, as the war in Iran stopped supplies from arriving from Qatar, according to a government body.