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Natural Gas news
(page 11)
10 December 2025
OMV Petrom Advances Romania's Energy Security
Neptun Deep progresses for 2027 gas. Anaconda-1 drilling follows. Onshore exploration continues. Production licenses extended 15 years.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
1 December 2025
Equinor and Shell launch Adura, UK North Sea independent producer
50/50 joint venture becomes the UK North Sea’s largest independent producer, taking on 12 producing assets and relocating staff to Aberdeen.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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