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Natural Gas news
13 July 2026
Galp 2Q26 trading update and Moeve downstream talks
Moeve tie-up aimed for H2 2026; provisional 2Q26 shows 127 kboepd production, $16.8/boe refining margin and 2.3 GW renewables capacity.
13 July 2026
Rompetrol Energy tests island-mode operation at Petromidia cogeneration plant
Plant can start and run without National Energy System power; tested with Transelectrica and Nuclearelectrica; capacity ~80 MWh and 180 t/h steam; can feed surplus to grid.
13 July 2026
PETRONAS and Shizuoka Gas renew 30‑year LNG partnership
SPA for ~0.84 MMT LNG over seven years starting 2032; adds supply flexibility and reliability and includes plans to explore decarbonisation collaboration.
10 July 2026
POSCO HOLDINGS expands into lithium and energy under 'Triple-core' portfolio
Triple-core portfolio to shore up supply chains; aims Global Top 5 lithium by 2033, KRW 16.7T investment in 2026–2028, and KRW 187T revenue by 2035.
9 July 2026
EnviTec Biogas opens first integrated biogas‑to‑biomethane plant in Estonia
Combined biogas and membrane upgrading plant produces ~600 Nm³/h biomethane from dairy slurry; digestate reused in agriculture and CNG refuelling supplies regional transport.
9 July 2026
Topsoe to supply SynCOR tech for J Westling blue ammonia fertilizer plant
Nebraska plant will produce 500 STPD of blue (low‑carbon) ammonia for Midwestern farmers from natural gas, starting in 2029, cutting Gulf Coast transport costs of $100–$120/ton.
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9 July 2026
TotalEnergies ships first ECA LNG Phase 1 cargo to Asia
16.6% stakeholder will offtake 1.7 Mtpa for 20 years and be sole offtaker during ramp-up; Phase 1 is 3.25 Mtpa using Permian feed gas; completion expected summer 2026.
8 July 2026
SONATRACH makes first LNG delivery to Germany
First LNG cargo to Germany delivered to Wilhelmshaven 1 FSRU on 2 July 2026, lifted at Bethioua GL2Z and carried on the TESSALA LNG tanker.
7 July 2026
TechnipFMC wins Equinor subsea tie-back contracts in Norway
Design and manufacture of subsea production systems and controls for three brownfield tie-backs; rigid pipe installation on a fourth; contracts worth $250–500m, booked in Q2 2026.
7 July 2026
Equinor awards NOK 6bn contracts for four subsea projects on Norwegian shelf
Contracts are part of a coordinated first subsea wave to speed delivery and cut costs by standardising equipment and processes across multiple developments.
7 July 2026
ADNOC, XRG and Mitsui sign strategic collaboration across the energy value chain
Framework to explore LNG, crude, sulfur, shipping, chemicals and international investments, including lower‑carbon fuels and TA'ZIZ projects.
7 July 2026
Saipem awarded USD 2 billion EPCI contract for Kutei FPSO in Indonesia
EPCI for an FPSO to serve the Kutei North Hub, tied to subsea fields and a gas export pipeline to Bontang LNG and domestic users; 48-month execution.
7 July 2026
ADNOC and INPEX sign 15-year SPA for Ruwais LNG
Supply deal covers 1 mtpa from the 9.6 mtpa Ruwais plant, which starts commercial operations in 2028; project now >90% commercially committed and will run on clean power.
6 July 2026
TechnipFMC awarded Eni Baleine Phase 3 subsea contract
Design and manufacture flexible flowlines and risers to tie wells in ~1,200 m water depth to a new floating production unit for a fast‑track expansion offshore Côte d’Ivoire.
6 July 2026
Heurtey Petrochem Solutions to supply efurnace for Pacífico Mexinol methanol project
Selected as supplier of an electrical tubular furnace for a 6,130 t/d ultra-low-carbon methanol plant near Topolobampo, Mexico, targeting operation in 2030.
6 July 2026
ADNOC launches integrated global LNG marketing and trading platform
Combines marketing arms and trading into an ADGM-based LNG hub, targeting 47 mtpa marketable LNG by 2035 and expanding shipping optionality.
5 July 2026
MoCI and QatarEnergy to govern hydrocarbon resource allocation and expand Mesaieed medium industries area
Establish joint governance to evaluate and allocate natural gas, power and related resources to downstream industrial projects and create a medium-industries zone in Mesaieed.
2 July 2026
Yara acquires Gulf Coast Ammonia Texas City plant for USD 1.3bn
Texas City ammonia plant (1.3 mtpa) bought for USD 1.3bn; commissioning underway and ramp to full, stable output targeted by end‑2026; Air Products to supply H2/N2 under long‑term contract.
2 July 2026
Rompetrol Rafinare: APC digital control boosts Petromidia production and cuts costs
Automated process control increased high‑value product yields, lifted utilization to 98.1% and delivered estimated savings of over USD 2.5M in 2025.
2 July 2026
XRG gains equity across all Rio Grande LNG trains
Acquired an additional 7.6% in Trains 4–5, giving equity across all five construction trains; Trains 4–5 add ~12 MTPA and the project targets production in 1H 2027.
1 July 2026
Air Liquide Turbo‑Brayton posts record order intake in 2024
Close to 70 Turbo‑Brayton units ordered in 2024; cryogenic reliquefaction for LNG carriers and bunker vessels, plug&play and low-power operation.
1 July 2026
Eni and Mercuria form equal global energy trading joint venture
Independent holding with international trading hubs to manage commercialization and trading across oil, biofuels, gas, LNG and related logistics and infrastructure rights.
30 June 2026
Shell to sell Na Kika 50% stake and Coulomb tieback to Talos and Ridgewood for $1.7bn
50% non-operated Na Kika interest and 100% Coulomb tieback sold for $1.7bn; effective 1 July 2025 and expected to close by end‑2026; buyers assume decommissioning obligations.
30 June 2026
Equinor and Vår Energi complete asset swap in Troll–Gjøa area
Swap reallocates operatorship and stakes to advance the Peon gas discovery as a Gjøa tie-back, with gas routed via Kårstø; includes a 5% Fram stake and Ringvei Vest positions.
30 June 2026
Hycamite joins FutSteel to integrate hydrogen and carbon into steel production
Methane cracking to supply low‑carbon hydrogen and solid carbon for EAF-based steelmaking; three‑year research project starts June 2026 with university and industry partners.
30 June 2026
PETRONAS logs three successes in Suriname Block 52
Two discoveries and an appraisal lift Block 52 to eight successful wells and unlock over 1 billion boe; Sloanea FID targeted by end‑2026.
29 June 2026
XRG to acquire 32% upstream stake in Vaca Muerta for ARGENTINA LNG
Acquisition alongside YPF and Eni to supply an integrated 12 MTPA ARGENTINA LNG project; deal needs regulatory approvals and covers three Vaca Muerta blocks.
29 June 2026
Eni takes 32% stake in Vaca Muerta blocks for Argentina LNG
Acquires 32% of three Vaca Muerta blocks to feed 12 MTPA LNG capacity via two 6 MTPA floating units; deal completion subject to regulatory approvals.
29 June 2026
Eni and NOC start Sabratha Compression Project to boost Libya gas output
Offshore compression module online to sustain low-pressure gas production and add about 800 million m³/yr, supporting power generation and exports to Italy.
26 June 2026
Uniper signs 100 MW offshore wind PPA with Skyborn for Gennaker
Buyer’s first offshore wind PPA; Gennaker is planned at 976.5 MW and expected to power about one million households, showcasing end-to-end offshore capabilities.
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