Natural gas news

EPS up 4% to $3.24; operating income up 7% to $791M. Adjusted EPS down 3% to $3.09. FY25 EPS guidance: $11.90-$12.10. Capital expenditures: $5B.

The JV will operate an LNG bunker vessel in Rotterdam by 2028, supporting decarbonization with a long-term LNG supply agreement and expanding infrastructure in the ARA region.

140 million cubic metres of U.S. LNG will be supplied to Ukraine, enhancing energy security and supporting EU goals.

The 1 GW H2BE hydrogen project at Rodenhuize in Ghent moves to the next development phase, with over 20 potential off-takers and support from investment funds and Belgian authorities.

Construction to finish this spring, with testing in summer. The new situation won't impact Groningen gas production for 2022/2023 due to lower demand and existing nitrogen facilities meeting needs.

The H2BE project will produce low-carbon hydrogen from natural gas using ATR and CCS, supporting Belgium's hydrogen strategy and aiming for operations before 2030 to meet decarbonization targets.

A new hydrogen unit in Antwerp will enhance energy efficiency, reduce CO2 emissions, and support aniline production for polyurethanes, starting operations in 2020.

The biogas plant will process 700 ktonnes of manure into biogas, dried manure pellets, and pure water, reducing methane and ammonia emissions and supporting Chemelot's sustainability goals.

The plant in Switzerland will convert CO2 and H2 into biomethane using microorganisms, focusing on modular design for scalability and efficiency.