Gas

U.S. liquefied natural gas exports set new records in 2025 as new capacity came online and existing terminals ran at high utilization, pushing annual shipments past levels previously thought years away. Preliminary data from LSEG show the United States exported 111 million metric tons of LNG last year, making it …

China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed. One shipment was from Portovaya and the rest were from the Arctic LNG 2 project, showed data from Kpler and LSEG. The …

South Korea’s move to kill coal will almost certainly have repercussions on two of its largest energy customers, Australia and the United States. A decision on the polluting fossil fuel was made at the COP30 climate conference in Brazil, when South Korea’s Ministry of Climate, Energy and Environment announced plans …

Russia’s pipeline gas exports to Europe collapsed by 44% in 2025, falling to their lowest level since the mid-1970s, according to Reuters calculations. The drop marks the clearest statistical endpoint yet for what was once Moscow’s most lucrative and politically potent energy relationship. The decline was driven primarily by the …

Prices for liquefied natural gas in China have fallen to the lowest in five years as demand failed to live up to expectations despite winter being peak season, driven by heating demand. Citing data from a Chinese commodities pricing outlet, Bloomberg reported the wholesale price per million British thermal units …

Russian liquefied natural gas exports to China broke a record set earlier this year, overtaking Australian shipments in November, according to customs data cited by Bloomberg. The data showed that Russian LNG flows to China in November rose more than twofold from a year earlier to reach 1.6 million tons, …

Australia’s government is set to impose mandates on LNG producers in the country to set aside a certain percentage of their output for the domestic market to avoid shortages, despite industry opposition. According to a Reuters report on the news, plans are to set the threshold at between 15% and …

Advancing ice has prevented an LNG carrier from loading a cargo at Novatek’s Arctic LNG 2 plant, Bloomberg reported today, citing ship-tracking data. The Buran, an Arc4 ice-class vessel that can move through icy waters, but up to a point, set off for the Arctic LNG 2 project on the …

Hungary has secured an agreement to receive natural gas from Azerbaijan for the next two years, Hungarian Foreign Minister Peter Szijjarto said, as the central EU member state disputes the bloc’s pledge to phase out Russian gas imports. “We have secured another gas purchase agreement, this time with Azerbaijan: 800 …

The construction of the second Power of Siberia gas pipeline from Russia to Northern China could take up to 10 years because it involves “tremendous work, jobs and negotiations,” the president of the research division of China’s state energy giant CNPC said this week. Lu Ruquan, president of the CNPC …