Industry News
TotalEnergies, NextDecade sign 20-year LNG deal for Rio Grande Train 4
TotalEnergies has exercised its option to purchase LNG from Train 4 of NextDecade’s Rio Grande LNG facility near Brownsville, Texas, US.
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Industry News
Energean Israel signs gas sale agreement with Kesem Energy for new power plant
Energean Israel has announced the signing of a gas sale and purchase agreement (GSPA) with Kesem Energy for the supply of gas to Kesem’s upcoming power plant.
Industry News
BP makes oil discovery in Gulf of Mexico
bp has made a significant oil discovery at its Far South prospect in the deepwater Gulf of America.
Industry News
Europe’s LNG imports to increase by 25% in 2025: IEA
The International Energy Agency (IEA) forecasts a significant rise in European liquefied natural gas (LNG) imports by 25% in 2025.
Analyst Comment
China to drive LNG regasification capacity additions in Asia by 2030
Asia’s capacity addition expansion is underpinned by its economic growth, burgeoning population and escalating energy needs.
Industry News
GAIL India eyes 26% stake in US LNG project, enhancing energy ties
GAIL India has issued a tender seeking up to a 26% stake in a US liquefied natural gas (LNG) project, coupled with a 15-year gas import agreement.
Industry News
Norne Thorning Storage gets Danish licence to explore COâ‚‚ storage in Jutland
Norne Thorning Storage, a Fidelis New Energy company, has been granted the exploration licence for the Thorning structure by the Danish Minister of Climate, Energy and Utilities.
Analyst Comment
Iran at the forefront of FCCU capacity additions in the Middle East by 2030
The Middle East will witness significant FCCU capacity additions representing over a quarter of the global FCCU capacity additions by 2030.
Industry News
US ends EIS requirement for western oil and gas leases
In a move aligned with President Trump’s agenda, the US will no longer require EIS for approximately 3,244 oil and gas leases across the western states.
Industry News
CNOOC’s Wenchang 9-7 project starts production in Pearl River Mouth Basin
CNOOC has commenced production at the Wenchang 9-7 Oilfield Development Project, located in the western Pearl River Mouth Basin, South China Sea.