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By David Fickling It’s October 2030. In hindsight, the vulnerabilities that triggered the third great natural gas crisis in eight years seem painfully obvious. After Russia’s invasion of Ukraine cut off Europe from two-fifths of its gas in 2022, importers reassured themselves that the Persian Gulf and the US had plenty to spare. When the 2026 war …
(Reuters) – The crisis around the Strait of Hormuz will end soon, the chief executive of Oman LNG said on Tuesday. The Hormuz crisis will not change the company’s long term plans, Hamed Al Naamany told an industry forum in Bangkok. “We have already been planning to produce more, we’ve been working on it for …
Hormuz Crisis Will End Soon, Oman LNG Chief Exec Says Read More »
EnergyNow Media Prime Minister Mark Carney used his keynote address at the Canada Investment Summit in Toronto on Tuesday to declare that Canada intends to become the most attractive investment destination in the G7. Carney set an ambitious national target: attracting and catalyzing $1 trillion in investment over the next five years across energy, transportation, …
By Florence Tan and Emily Chow LNG spot price surge hits demand in India, GAIL says GAIL, PetroChina traders seek alternatives to Mideast LNG Chinese, Indian LNG demand to rebound once prices cool, GAIL and PetroChina expect Exxon is ‘extremely bullish’ on long-term LNG growth prospects BANGKOK, Sept 15 (Reuters) – LNG demand from China, …
LNG Demand in China, India and Pakistan Expected to Rebound After US-Iran War Ends Read More »
Takeaways by Bloomberg AI Exxon Mobil Corp. has raised its liquefied natural gas sales forecast, betting on robust long-term demand in Asia and beyond. The company expects its annual LNG sales to reach 50 million tons by 2030 and to keep rising beyond the current decade in line with market growth. Exxon remains bullish about …
Exxon Boosts 2030 LNG Sales Forecast on Strong Demand Growth Read More »
Secured a substantial order to supply gas compression systems for the Cloud Connector Pipeline project Awarded a major order for a modular liquefaction solution supporting Plaquemines LNG facility expansion Awards deepen long-standing strategic collaboration with Venture Global HOUSTON and LONDON, Sept. 13, 2026 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR) and Venture Global LNG are …
Baker Hughes and Venture Global Advance Next Phase of U.S. Gas Infrastructure Growth Read More »
(Reuters) – QatarEnergy is negotiating with several producers to secure multi-year U.S. liquefied natural gas contracts through 2031 to replace capacity knocked out by Iranian attacks that will take years to repair, three trading and industry sources said. Discussions include with Venture Global, Cheniere and Woodside, two of the sources said. The contract talks are …
QatarEnergy Seeks US LNG Deals Through to 2031, Sources Say Read More »
(Reuters) – Yemen’s Iran-aligned Houthis on Friday reached the strategic island of Perim in the Bab el-Mandeb Strait, four Yemeni government sources told Reuters, potentially tightening their grip on one of the world’s vital shipping routes. Earlier, two sources from the Saudi-backed, internationally recognised Yemeni government said its forces had withdrawn from Perim and that …
Yemen’s Houthis Reach Strategic Island at Mouth of Vital Shipping Lane Read More »
(Reuters) – Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday, well below the 10-day average of 15. Of the seven vessels, two Panamax ships exited the strait, one carrying fertiliser and the other sailing in ballast, according to data from …
Hormuz Shipping Traffic Falls to Single Digits, Data Shows Read More »
By Thomas Seal, Brian Platt, and Christine Dobby Canada plans to show some of the world’s biggest investors a pitchbook laying out tens of billions of dollars’ worth of projects spanning data centers, advanced manufacturing, liquefied natural gas, ports and dozens of mines. A document seen by Bloomberg News features 167 projects intended to be …
Carney Woos Investors With Data Centers, Mines and LNG Deals Read More »
