Natural Gas news

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  9 December 2025

  Eni Discovers Major Gas Reserve in Indonesia's Kutei Basin

  Konta-1 well reveals 600 Bcf gas, potential over 1 TCF. Fast-track development planned, leveraging nearby facilities. Further exploration in Kutei Basin set for 2026.
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  9 December 2025

  Galp and TotalEnergies Swap Stakes in Namibian Offshore Blocks

  Galp swaps 40% of PEL 83 for stakes in PEL 56 and PEL 91, with TotalEnergies assuming operatorship and sharing exploration costs. Approval expected by 2026.
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  8 December 2025

  Fluor JV Completes Second LNG Train for LNG Canada

  Fluor and JGC complete Train 2 of LNG Canada, marking the first phase's end. The project emphasizes safety, environmental focus, and Indigenous economic engagement.
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  8 December 2025

  Repsol and HitecVision Merge UK Operations with TotalEnergies in North Sea

  The merger forms NEO NEXT+, boosting production to 250,000 barrels/day by 2026, with TotalEnergies holding 47.5% and enhancing operational capabilities. Completion expected in H1 2026.
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  8 December 2025

  TechnipFMC Delivers 100th Subsea 2.0 Tree to Shell

  The 100th Subsea 2.0 tree, made in Malaysia, will be used in the Gulf of America. The platform's modular design reduces lead time and enhances efficiency in subsea operations.
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  8 December 2025

  North Sea Strategy Threatens UK Energy Security

  The UK's Energy Profits Levy and restrictive policies risk jobs, reduce energy security, and increase reliance on imports. Urgent tax reform is needed to restore investment and stabilize the sector.

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  5 December 2025

  Equinor Discovers Gas and Condensate in North Sea

  Two new gas and condensate finds in the Sleipner area can be developed for Europe using existing infrastructure, enhancing export capacity and profitability with minimal environmental impact.
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  4 December 2025

  Eni and Gulf Development Sign Long-Term LNG Agreement

  Eni will supply 0.8 MTPA of LNG to Thailand for 10 years, starting 2027, expanding its Asian presence and aiming for a 20 MTPA portfolio by 2030.
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  3 December 2025

  Tengizchevroil Showcases Reservoir Management at SPE Conference

  TCO shared advanced reservoir techniques at SPE conference, highlighting innovations in production, safety, and sustainability, and received awards for technological excellence.
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  3 December 2025

  Chevron Sets 2026 Capex at $18-$19 Billion

  2026 capex focuses on high-return projects, with $10.5B in U.S., $7B offshore. $1B targets carbon reduction and new energies. Affiliate capex at $1.3-$1.7B.
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  3 December 2025

  Eni and BOTAŞ Sign Long-Term LNG Agreement

  Eni will supply BOTAŞ with 0.4 MTPA of LNG for 10 years from 2028, aligning with its strategy to diversify and expand its global LNG portfolio.
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  2 December 2025

  TotalEnergies Clarifies Mozambique LNG Project Financing

  Mozambique LNG partners replace UKEF and Atradius with additional equity after force majeure. 90% of lenders remain committed. Concerns raised over human rights reports in Cabo Delgado.
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  2 December 2025

  Sonae Arauco Cuts GHG Emissions by 41%

  Sonae Arauco reduces carbon intensity by 38%, modernizes processes, and invests in renewables, aiming for a 58.8% emissions cut by 2033.
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  2 December 2025

  Eni Advances Congo LNG Phase 2 Ahead of Schedule

  Phase 2 of Congo LNG starts early with Nguya FLNG, boosting capacity to 3 MTPA. Local engagement and innovation drive efficiency and decarbonization.
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  1 December 2025

  Shell and Equinor Form Adura, UK's Largest Independent North Sea Producer

  Adura, led by Neil McCulloch, combines expertise to optimize UK North Sea assets, assuming interests in 12 projects and exploration licenses, headquartered in Aberdeen.
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  27 November 2025

  Eni Opens Gas Treatment Plant in Angola

  The Soyo plant processes 400 MMscfd of gas, supporting Angola's energy diversification and global market position. Operations began in November 2025, six months ahead of schedule.
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  25 November 2025

  TotalEnergies Withdraws LNG Terminal in Le Havre

  With stabilized gas supply in Europe, the floating LNG terminal in Le Havre is deemed unnecessary and will be demobilized.
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  21 November 2025

  ORLEN and Naftogaz Sign US Gas Supply Deal

  300 million cubic metres of US LNG will be supplied to Ukraine in Q1 2026, enhancing energy security and market positions.
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  21 November 2025

  Equinor Secures 10-Year Gas Supply Deal with Czech Republic

  Gas deliveries to the Czech Republic have begun, enhancing energy security and supply stability for households and businesses until 2035.
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  20 November 2025

  ORLEN Group Reports Record Q3 2025 Profit and Investment

  ORLEN's Q3 2025 saw high investment in energy security, record dividends, and growth in renewable capacity, with strong performance across all segments despite challenging conditions.
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  19 November 2025

  UPM Introduces WISA-LNG Spruce Plywood for LNG Transport

  UPM's new spruce plywood, developed with GTT, enhances LNG transport with improved insulation, sustainability, and increased production capacity.
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  19 November 2025

  Aramco Announces $30bn in New US Agreements

  Aramco's new agreements focus on LNG, financial services, advanced materials, and procurement, enhancing strategic growth and US partnerships.
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  17 November 2025

  TotalEnergies Acquires 50% of EPH's European Power Assets

  The €5.1B deal creates a joint venture, boosting flexible power generation and enhancing TotalEnergies' position in European electricity markets. Completion expected mid-2026.
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  11 November 2025

  Equinor Transfers Peregrino Operatorship to PRIO

  Equinor sold a 40% stake in Brazil's Peregrino field to PRIO for USD 2.33 billion, transferring operatorship. Equinor continues as a non-operated partner for the remaining 20% stake.
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  11 November 2025

  Messer and PVChem Form Joint Venture for Industrial Gas Production

  The joint venture will build a 200,000-ton industrial gas plant in Vietnam by 2028, using green technology to enhance energy efficiency and reduce emissions.
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  11 November 2025

  Hycamite's Carbon Capture Tech for Shipping Gains DNV Approval

  Hycamite's TCD tech converts LNG to hydrogen onboard ships, capturing carbon as solid, reducing emissions, and enabling clean fuel use without new infrastructure.
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  7 November 2025

  ORLEN to Deliver US LNG to Ukraine in 2026 Agreement

  Agreement signed for 300 million cubic meters of US LNG to Ukraine by 2026, enhancing regional energy security and cooperation.
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  7 November 2025

  MOL Group Revises 2025 EBITDA Guidance Amid Strong Q3 Results

  Q3 profit stable at USD 503 mn. Upstream steady, downstream boosted by refining margins. Consumer Services grew, Circular Economy Services faced seasonal challenges. Guidance reviewed.
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  7 November 2025

  Equinor Awards New ISS Framework Agreements

  New ISS agreements ensure operational continuity, local job security, and community benefits at Equinor's Norwegian onshore plants, with a focus on safety and collaboration.
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  6 November 2025

  Air Products Fiscal 2025 Results Summary

  Fiscal 2025 saw adjusted EPS of $12.03, with a $2.9B operating income. Q4 adjusted EPS was $3.39. Fiscal 2026 EPS guidance is $12.85-$13.15, with $4B in capital expenditures expected.