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Natural Gas news
21 May 2026
Eni inks long-term LNG deals in Indonesia
Three long-term deals secure ~2 MTPA LNG from Kutei Basin; supply via Bontang LNG, reactivating one idle train to maximize use of existing infrastructure.
21 May 2026
QatarEnergy, Egypt and ExxonMobil sign MoU to study Cyprus gas via Egypt LNG
MoU to study commercializing Cyprus gas via Egypt’s existing gas and LNG export infrastructure, explore flexible frameworks, boost Eastern Mediterranean integration and supply diversification.
21 May 2026
Gasunie, Open Grid Europe and Thyssengas to develop Netherlands–Germany hydrogen corridor
Cross‑border hydrogen link planned between Zevenaar and Elten by 2031, reusing existing gas pipelines; first phase connects the Rhine‑Ruhr region, later southern hubs such as Ludwigshafen
20 May 2026
Gasunie opens first 32-km section of Dutch hydrogen network
King and minister inaugurated the first pipeline segment. Network planned ~1,200 km via repurposed gas pipelines, linking Dutch industry to Germany and Belgium; first plant now connected.
19 May 2026
Equinor signs 5-year gas supply deal to Germany
Five-year contract supplies ~2.2 TWh/yr of Norwegian gas to Germany from April 2026, with ~9% lower upstream GHG intensity tracked by guarantees of origin.
18 May 2026
OMV starts production at Austria’s largest gas discovery in 40 years
Wittau well begins gas output; first phase 11 TWh for winter 2026/27, recoverable up to 48 TWh. EUR150m invested so far; project could double Austria’s gas production.
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15 May 2026
Technip Energies awarded FNTP for Commonwealth LNG 9.5 Mtpa EPC
FID enables full execution; scope: six identical modular SnapLNG trains to accelerate schedule, reduce costs and improve predictability, advancing modular LNG delivery models.
14 May 2026
MOL adds biomethane unit to Szarvas biogas plant
Szarvas plant will add a biomethane unit to clean biogas to grid quality, yielding over 7 million m3/yr (≈8,500 households), boosting local renewables and energy security; operational by year-end.
13 May 2026
EnviTec Biogas opens Bio-LNG filling station in Holdorf
New Bio-LNG station in Holdorf offers A1/B214 access, 30,000 kg storage and two pumps; supports LNG truck fleet, enabling ~200 t CO2 savings per truck/year (at 125,000 km).
13 May 2026
TotalEnergies, EGAS sign Egypt offshore exploration MoU
Agreement to assess a large area in Egypt's north-west offshore, setting technical cooperation for preliminary exploration and subsurface evaluation of deep offshore potential.
12 May 2026
PETRONAS LNG signs 20-year charter with MISC for five LNG carriers
174,000-cbm newbuild LNG vessels to be built in Shanghai, delivery 2029–2030; will use XDF2.1 propulsion, shaft generators and onboard reliquefaction; project and ship management arranged.
11 May 2026
Worley partners with Baker Hughes to deliver integrated LNG solutions
Non-exclusive MOU to jointly develop integrated, lower-carbon LNG projects - combining EPCM/EPCI delivery, modular liquefaction, advanced turbomachinery and digital tools to derisk and speed delivery
8 May 2026
MOL Group Q1 2026: USD 212m profit amid supply disruptions and price controls
Higher hydrocarbon prices lifted upstream; production 95.5 mboepd. Downstream hit by lower refining volumes and feedstock scarcity; Rijeka delayed coker opened. Consumer services and circulars rose.
6 May 2026
Delfin Midstream secures 20‑year, 0.3 Mtpa LNG deal with Gunvor
LNG delivered FOB from an FLNG facility 40 nm off Louisiana, using a brownfield deepwater port, UTOS pipeline acquisition and federal approvals to support long-term exports.
5 May 2026
TA’ZIZ signs $28.5bn offtake and feedstock agreements to expand UAE chemicals ecosystem
Long-term offtake and feedstock deals worth $28.5bn secure global markets and local inputs for methanol, PVC, EDC/VCM, caustic soda, salt and gas, supporting 4.7 mtpa chemicals output by 2028
4 May 2026
OMV Petrom & ROMGAZ begin Neptun Deep pipelaying in the Black Sea
Pipelaying begins for 160 km Neptun Deep subsea gas line; Castoro 10 on site. ~50-vessel mobilization; subsea systems, platform and wells targeted to deliver first gas in 2027
30 April 2026
MOL to acquire O&GD upstream assets in Hungary
Buys 51% stakes in three Central Hungary concessions (~0.7 mboepd) plus Eastern Hungary assets (~0.2 mboepd), adding ~0.9 mboepd to group production; closing Q3 2026, subject to approvals.
30 April 2026
Petrobras posts 1Q26 own production record of 3.23 MMboed
Ramp-up of multiple FPSOs and 10 new wells drove production gains (3.7% QoQ, 16.1% YoY); operated production 4.65 MMboed. Refining utilization, S10 diesel output and logistics records; LPG imports fell.
30 April 2026
PETRONAS, ENEOS Xplora: ENEOS to re-enter MLNG Tiga with 10% stake
Reaffirmed long-term partnership strengthens energy security and steady LNG supply to Asia, notably Japan; underscores asset resilience and investor confidence in Malaysia’s LNG sector.
30 April 2026
Moody’s Affirms ORLEN A3 Rating
Moody's notes strong liquidity and baa2 BCA with stable outlook. Solid balance sheet and cash flows can fund capex and dividends. Diverse supply, flexible trading and 2026 projects boost resilience.
29 April 2026
INEOS Acetyls and Sandpiper partner on 1.1 MTPA low‑carbon methanol plant in Texas City
FEED starts Q2 2026; FID targeted 2027; first production 2030. ~$1.7B capex. Up to 300,000 t/y to Acetic Acid. ~1,500 construction jobs, 25 permanent. CCS targets 97% capture.
29 April 2026
TotalEnergies completes 50% acquisition of EPH flexible power portfolio in Europe
Creates TTEP: 14 GW flexible gas/biomass + BESS across Italy, UK, Ireland, Netherlands, France; ~30 TWh output in 2025; tolling contracts; 5 GW development pipeline.
24 April 2026
Yara reports higher margins and strong volumes in Q1 2026
EBITDA excl. items rose to USD 896m; net income USD 327m. Middle East conflict disrupted fertilizer supply and raised prices; the company used its global model to sustain production and sourcing.
23 April 2026
QatarEnergy ships first LNG export from Golden Pass LNG, Texas
First US LNG export cargo loaded on a 174,000 m³ carrier; marks move toward full commercial exports. Project >$10bn, 18 Mtpa capacity; first train produced 30 Mar 2026.
17 April 2026
Petrobras to acquire 75% and operatorship of Block 3 offshore São Tomé and Príncipe
Acquirer to take 75% and operatorship of Block 3 offshore São Tomé and Príncipe from Oranto. Post-deal: acquirer 75%, Oranto 15%, ANP‑STP 10%. Subject to regulatory approvals.
16 April 2026
Rotterdam bunker sales down 25% in Q1 2026
Largest declines in fossil oils: VLSFO -44%, HSFO -25%, ULSFO -13%; MGO -7%, MDO -11%. (Bio-)LNG & methanol +6.4%, bioblends +2.7%; RED III, pricing, regs cited.
14 April 2026
Petrobras to invest $450M in world's largest seabed seismic monitoring project
Permanent seabed seismic sensor network in Mero (Santos Basin) will map reservoir behavior to improve recovery and monitor FPSO production. 460 km cables in place; first data Q2 2026; AI used.
13 April 2026
Petrobras greenlights SEAP I FID and advances contracting of two Sergipe‑Alagoas platforms
SEAP II FID had been approved earlier. SBM Offshore to build two BOT FPSOs with combined 240,000 bbl/d and 22 MMm3/d gas. Contract signing May 2026; production ~2030/2031; investment >R$60bn.
13 April 2026
Honeywell to supply liquefaction technology for Rio Grande LNG Trains 4–5
NextDecade will use CWHE and C3MR via Bechtel to boost reliability, cut OPEX and increase LNG output from 18 to 30 MTPA; all five trains expected online by mid-2031.
9 April 2026
Gasunie and Fluxys sign JDA to link Dutch and Belgian hydrogen networks
Targeted by ~2030: cross-border bidirectional hydrogen connection using repurposed gas pipelines (Zandvliet node) to connect major ports/industrial clusters and enable integrated NW-European trade
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