Cyprus wants to establish itself as a gateway from east Mediterranean gas resources to Europe via a shipping corridor of LNG carriers, its president said on Monday. Cyprus's new centrist government, which came to power in February, has cooled…
Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million)…
French energy company TotalEnergies will make good on an action plan to address the rights of residents near its Mozambique LNG project over the summer, the oil major said on Tuesday, taking a step closer towards a restart.'At this time there is no date for a restart…
Germany cannot be relaxed about the need for liquefied natural gas (LNG) terminals in the Baltic Sea, a high-ranking economy ministry official said on Monday, a week after plans emerged to scale down the region's Mukran project after local resistance…
Bangladesh's Moheshkhali liquefied natural gas (LNG) terminal, operated by Excelerate Energy, resumed supply at nearly full capacity late on Sunday, two government officials told Reuters, after being closed for about a week due to a deadly storm…
Vietnam's plan to quadruple by 2030 its gas processing capacity, turning it into its first source of energy, marks a big bet on imported liquefied natural gas (LNG) and its reserves in the South China Sea, despite supply and geopolitical risks…
QatarEnergy has awarded Technip Energies-led joint venture with Consolidated Contractors Company (CCC), a $10 billion engineering, procurement, construction, and commissioning contract for the onshore facilities of the North Field South Project (NFS)…
A German government-backed liquefied natural gas (LNG) terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering into the mainland port of Lubmin, will be downsized.The quest for alternative…
HANOI, May 16 (Reuters) - Vietnam said on Tuesday it has approved a long-awaited power plan for this decade, in a move meant to boost wind energy and gas, while reducing reliance on coal.Known as PDP8, the plan aims to ensuring energy security…
Australia will change its Petroleum Resource Rent Tax (PRRT) to increase the tax paid by the offshore LNG industry, moves that should increase revenue by A$2.4 billion ($1.6 billion) over the next four fiscal years, Treasurer Jim Chalmers said on Saturday…
The new floating terminal for liquefied natural gas (LNG) set up in the Tuscan port of Piombino will start its commercial operations at the end of this month, the CEO of Italy's gas grid operator Snam said on Friday. The terminal will make available…
Equinor's Hammerfest LNG plant in Arctic Norway suffered a compressor failure on Thursday and is expected to remain offline until May 19, Norwegian gas system company Gassco said in a regulatory note on Friday. The outage was caused by a technical…
Norway's Equinor on Thursday posted a higher-than-expected profit for the first quarter, albeit well below last year's record levels, amid a sharp fall in gas prices.The Norwegian oil and gas producer's adjusted earnings before interest and…
BP has agreed to buy rival giant Shell's 27% stake in the Browse joint venture, expanding its holding in Australia's largest untapped gas resource in a move that could improve the development prospects for the long-stalled project.The Browse project…
The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, on Tuesday laid the foundation stone of Congo LNG.This will be the country's first natural gas liquefaction project,…