The government of Canada has supported the Cedar LNG project, being developed by the Haisla Nation and Pembina Pipeline Corporation, with up to $140 million as part the strategic agreement under the Strategic Innovation Fund (SIF).The $4 billion Cedar LNG project made a positive Final Investment Decision (FID) in June 2024, making Canada’s first Indigenous majority-owned liquefied natural gas (LNG) facility a reality…
India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said.The…
Delfin LNG and German company Securing Energy For Europe (SEFE) have signed a 15-year agreement for 1.5 million tons of U.S. LNG per annum, the companies said on Tuesday.Under the agreement, liquefied natural gas would be exported from floating…
Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.The SPA provides for the supply of approximately 0.6 million tonnes of LNG per year over 15 years on a delivered basis…
The board of the U.S. Export-Import Bank approved a nearly $5 billion loan for a long-delayed LNG project in Mozambique, clearing a key hurdle to restarting the project under development by French oil major TotalEnergies.The Export-Import Bank had previously agreed a $4…
Australia's Woodside may push a final investment decision on its Louisiana liquefied natural gas (LNG) plant into the second quarter of 2025 as talks to sell half of the project drag on, CEO Meg O'Neill told Reuters on Monday.Woodside wants to sell as much as 50% of the project…
Dutch geological data specialist Fugro has restarted multiple projects in the U.S. hydrocarbon and LNG sectors since Donald Trump's election and is optimistic about offshore wind development in Asia and Europe, its CEO told Reuters on Friday…
Abu Dhabi National Oil Company (ADNOC) has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from its lower-carbon Ruwais LNG project…
Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday…
Australian oil and gas major Woodside Energy reported its smallest annual underlying profit in three years on Tuesday, hurt by lower realised prices, but maintained its 2025 output forecast on expectations of strong demand for liquefied natural gas…
Tokyo Gas said on Wednesday it had made its first foray into a commercially operational terminal for liquefied natural gas outside Japan by acquiring a 20% stake in Philippines' FGEN LNG, a unit of First Gen Corp.Financial terms of the deal for the stake in FGEN LNG…
Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The timing of the stake…
U.S. President Donald Trump's administration said on Friday it has granted a liquefied natural gas export license to the Commonwealth LNG project in Louisiana, the first approval of LNG exports after former President Joe Biden paused them early last year…
TotalEnergies and the Gujarat State Petroleum Corporation Limited (GSPC), a state-owned oil and gas company, announced the signing of a long-term Sale and Purchase Agreement (SPA) for a term of ten years starting in 2026.Under this agreement…
Abu Dhabi National Oil Company (ADNOC) will supply 2.5 million tons of liquefied natural gas (LNG) to India's Bharat Petroleum Corp under a new five-year deal, sources with knowledge of the matter said on Monday.Indian's state refiner will receive…
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