Gas

The European Union, ever the conflicted protagonist in its own energy saga, is gearing up to throw its weight around in the global LNG market—again. A leaked draft from the European Commission suggests Brussels will “immediately engage” with LNG suppliers to stabilize energy prices, all while still pretending it’s on …

With Iraq’s hydrocarbons making waves and LNG and KRG oil hitting the headlines, the potential for a bright future in the energy sector is becoming increasingly evident. Iraq’s hydrocarbon future looks promising if Prime Minister Al Sudani’s government can implement a more functional and feasible investment strategy in the coming …

President Donald Trump wasted no time flexing his pro-fossil fuel stance, approving the first LNG export permit since Biden’s controversial pause last year and creating a new energy council to expand U.S. oil and gas production. The move is a sharp policy reversal and seeks to reinforce America’s position as …

Trading Hub Europe GmbH, the German natural gas market area manager, is holding “intensive discussions” with Germany’s authorities to potentially receive subsidies to refill gas storage sites amid fast-depleting inventories and rallying forward gas prices. “We are still in talks with the ministry as well as the regulator, and as …

Indian Oil Corporation is in discussions to agree on a long-term supply deal with U.S. Cheniere Energy, in what could be one of many new LNG supply agreements between India and America. Indian Oil, the state oil and gas and refining giant, is negotiating a 15-year agreement to source LNG …

Taiwan has followed in Japan’s footsteps, expressing interest in buying more liquefied natural gas from the U.S. and more specifically from a project in Alaska, Reuters has reported, citing the country’s economy ministry. The statement reflects concern about the impact of tariffs that Trump has threatened to impose on all …

China is widely expected to stop buying U.S. LNG on the spot market and seek to swap American cargoes from elsewhere after it announced a 15% tariff on U.S. liquefied natural gas in response to the 10% American tariffs across the board. Chinese buyers could also become more hesitant to …

Pakistan will renegotiate its long-term LNG supply deal with Qatar as it looks to lower its costs for the growing energy demand going forward, Pakistani Petroleum Minister Musadik Malik said on Friday. “The Qatar agreement is costly, and we will negotiate better terms next year,” Pakistani newspaper The News quoted …

A group of EU member states that have the largest natural gas storage capacity have held informal discussions about a potential easing of the binding filling targets after 2025, officials have told Bloomberg. In the wake of the 2022 Russian invasion of Ukraine and the halt to Russian pipeline gas …

The European Commission did not propose a ban on Russian liquefied natural gas in its latest package of sanctions because member states raised concerns about first securing alternatives including from the United States, EU diplomats said. “First you have to have a deal because otherwise you will be left without …