LNG

Freeport LNG is a major liquefied natural gas (LNG) export facility located on Quintana Island near Freeport, Texas. It plays a crucial role in the global energy market by exporting…

Natural gas prices dropped 2.33% to 285.3, pressured by a smaller-than-expected decline in production, lower flows to LNG export terminals, and a muted demand forecast. In May so far, production…

The Russian government is considering extending the gasoline export restrictions for an additional two months, potentially lasting until the end of October 2025. The gasoline export ban was first introduced…

The federal government is expected to approve a fuel price increase of over Rs 4 per litre for both petrol and diesel starting May 16. This hike aims to generate…

China Petroleum Engineering Corporation, the engineering arm of China National Petroleum Corporation (CNPC), has won its third major gas contract in the Middle East this year, valued at USD 1.6…

The United States is intensifying its efforts to convince Japan to formally invest in the Alaska liquefied natural gas (LNG) pipeline, which, if completed, would provide U.S. LNG to Japan…

Seatrium, a leading offshore and marine company in Singapore, has been awarded a contract to convert Hoegh Evi’s LNG carrier Hoegh Gandria into a liquefied natural gas floating storage and…

Marketers of refined petroleum products have suggested that petrol and diesel prices could decrease as crude oil prices experience another slump. However, industry insiders warn that this price drop may…

Eight OPEC+ countries—Saudi Arabia, Russia, Iraq, the United Arab Emirates (UAE), Kuwait, Kazakhstan, Algeria, and Oman—have announced a production adjustment of 411,000 barrels per day (kb/d) for June 2025, compared…

The European Union is set to unveil a long-awaited plan today to phase out its remaining gas imports from Russia, a significant challenge given Europe’s heavy reliance on Russian fossil…