Latest news and articles about natural gas from NEX English
Three oil and natural gas tankers have exited the Strait of Hormuz without activating their tracking devices, raising concerns about the safety of their shipments. This development comes at a sensitive time marked by increasing tensions in the region.
Several buyers of liquefied natural gas from the United States have canceled shipments typically destined for Asia due to a significant rise in shipping costs stemming from ongoing conflicts in the Middle East. These developments highlight the impact of regional disputes on global markets.
The Ministry of Petroleum and Mineral Resources announced positive results from the 'Mina West-1' well, producing 45 million cubic feet of gas daily. This reflects the success of the West Mina field development project in the Mediterranean.
PT PLN Energi Primer Indonesia (PLN EPI) has signed four new agreements for the purchase of natural gas and LNG, aimed at strengthening national energy security. The agreements were signed during the IPA Convex 2026 event in Banten, reflecting the company's shift towards a digital energy model.
Natural gas prices in European and British markets saw a significant rise on Thursday morning due to renewed airstrikes in the US-Iran conflict. This escalation follows President Donald Trump's denial of reports suggesting a nearing agreement regarding the Strait of Hormuz.
The International Energy Agency reports that the current crisis will have lasting effects on energy investment priorities. It predicts a decline in oil investment for the third consecutive year in 2026, dropping below $500 billion.
Abdullah bin Hamad Al-Attiyah, a prominent figure in Qatar's energy sector, passed away on Wednesday in London at the age of <strong>73</strong>. He is regarded as a symbol of development and growth in this vital industry.
This week, two giant oil tankers and a liquefied natural gas carrier departed the Strait of Hormuz following the shutdown of their communication systems. This development raises concerns about safety in one of the world's most crucial maritime corridors.
Entrepreneur in the natural gas sector, <strong>Shereef Souki</strong>, announced that his new project will remain private, avoiding an IPO after two previous attempts. This decision comes amid significant changes in the natural gas market.
Global energy markets are fluctuating as a fragile truce persists in the Middle East. Sharif Suki, founder of Cheniere Energy, discusses the challenges and opportunities facing liquefied natural gas markets in Bloomberg's Open Interest program.
Two liquefied natural gas carriers from Qatar successfully crossed the Hormuz Strait over the weekend, reflecting the stability of trade in this vital maritime corridor. This achievement enhances Qatar's ability to maintain its natural gas export flow.
Qatar has requested ships at its main liquefied natural gas export facility to turn off their transmission devices. This move aims to bolster security and safety amid rising security challenges in the region.
ADNOC Gas has announced plans to restore <strong>80%</strong> of the Habshan Field's capacity by the end of this year following damage caused by the ongoing conflict in Iran. This announcement comes at a critical time as the company seeks to boost its production amid geopolitical challenges.
PT PLN Energi Primer Indonesia (PLN EPI) forecasts a significant increase in gas demand for electricity generation in Indonesia, projected to rise by <strong>4.5%</strong> annually until <strong>2034</strong>. This surge is attributed to rising national electricity consumption and accelerated electrification efforts across various sectors.
Reports indicate that a Russian liquefied natural gas ship has loaded fuel from a project under US sanctions, reflecting Moscow's efforts to expand its dark fleet. This move comes as Russia seeks to enhance its capacity to export natural gas despite international pressures.
A Russian liquefied natural gas (LNG) tanker has begun loading shipments from a U.S.-sanctioned project, marking a new step in expanding Russia's 'shadow fleet'. This development comes as the Strait of Hormuz faces a significant gas supply crunch.
Edison, a key client of Qatar Energy in Europe, anticipates the resumption of liquefied natural gas supplies from Qatar within 30 to 45 days following a peace agreement. This comes after Qatar declared force majeure on its long-term contract with Edison.
A senior official from India's Petronet LNG has announced that Qatar anticipates resuming its liquefied natural gas operations within 3 to 4 weeks following the current Middle East crisis. This statement underscores the significance of Qatari gas in the global market.
As the energy crisis worsens due to conflicts in Iran and Ukraine, European Climate Commissioner Wopke Hoekstra emphasizes the urgent need to accelerate the transition to alternative energy sources. This transition requires significant investments in renewable energy and modern technologies.
The European Commission is contemplating suspending methane fines imposed on oil and gas producers during gas shortages or energy crises. This decision comes amid increasing pressure from the industry and international partners.
Today, the Suez Canal witnessed a significant event with the passage of the giant ship 'CMA CGM GRAND PALAIS', the largest liquefied natural gas container ship in the world. This achievement enhances the canal's status as one of the most important global waterways.
The Australian government has announced a historic decision requiring LNG exporters to allocate <strong>20%</strong> of their production for the local market. This move aims to alleviate energy bill burdens on citizens.
Europe is rethinking fertilizer production to reduce reliance on fossil fuels and protect jobs in industrial regions. This initiative comes as the continent faces soaring gas prices and geopolitical conflicts.
Egyptian authorities have begun contracting to supply natural gas to 2000 plots of land in the northern expansions of 6th of October City. This initiative is part of the government's efforts to expand the gas network and enhance infrastructure.
Jordan, Syria, and Lebanon have announced the start of a tripartite cooperation aimed at exchanging natural gas and enhancing electricity connectivity. This initiative is expected to contribute to energy stability in the region.
A.K. Singh, CEO of Petronet India, announced that the company anticipates receiving the full contracted quantity of liquefied natural gas from Qatar following geopolitical stabilization in the Middle East. Qatar is the largest supplier of LNG to India.
Despite significant natural gas discoveries announced by the Egyptian Ministry of Petroleum and Mineral Resources, the country remains reliant on long-term gas imports. This reliance raises questions about Egypt's ability to achieve self-sufficiency in gas production.
Dr. Mostafa Madbouly, the Prime Minister of Egypt, announced a significant natural gas discovery estimated at around <strong>2 trillion cubic feet</strong> in the Dennis West area of the Mediterranean Sea during his inspection of the offshore drilling rig 'Cairo-2'. This discovery highlights the Egyptian government's efforts to enhance energy production.
Khalda Petroleum has successfully introduced additional gas quantities for consumption ahead of summer, as announced by Minister of Petroleum and Mineral Resources, Engineer Karim Badawy. This achievement highlights the importance of strategic partnerships with global companies.
Damietta Port welcomed a massive gas ship today carrying more than <strong>70,000 tons</strong> of natural gas. This shipment reflects the port's capacity to handle large cargoes and aims to enhance Egypt's energy supplies.