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Europe and Asia are set to finish the winter without significant disruptions to liquefied natural gas (LNG) supply and without price spikes, despite the ongoing chaos in global commodity shipping due to the Houthi attacks on commercial vessels in the Red Sea. Weaker demand than historical averages and higher gas …

Chinese liquefied natural gas importers are hunting for cheap shipments from the spot market after prices fell to the lowest level since 2021. LNG buyers, including Shenzhen Energy Group and China Gas Holdings Ltd., are in talks with potential suppliers for additional cargoes for the next several months, according to …

Prospects of ‘green’ hydrogen production in the countries of Central Asia and the Caspian region will be discussed in Kazakhstan’s Astana on September 17, Trend reports via Globuc International Company. “This is a unique business event dedicated to considering the prospects of ‘hydrogen economy’ in the region. It will be …

China is at risk of missing key climate targets for 2025 and needs to cut fossil fuel use and maintain record renewable energy investment to get back on track, a study published on Feb 22 shows. The country is the world’s top greenhouse gas polluter. Beijing has relied heavily on …

The EU says that it sees no need to extend Russia’s five-year contract to supply gas to Europe via Ukraine, which is due to expire at the end of 2024. Energy Commissioner Kadri Simson said that alternative supplies have now been sourced by countries that were once served by the …

Turkmenistan and India discussed the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, Trend reports. These issues were discussed between President of Turkmenistan Serdar Berdimuhamedov and newly appointed Ambassador Extraordinary and Plenipotentiary of India to Turkmenistan Madhumita Hazarika Bhagat. During the meeting, the parties noted the importance for all participating …

The growth in coal power generation in China is beginning to slow down as regional authorities seek to redirect investments to low-carbon energy, Bloomberg reports. The report notes the continual increase in coal production and coal-powered generation in China over the past seven years, with generation reaching a record in …

Russia appears to have complied in January with its pledge to reduce crude oil exports by 300,000 barrels per day (bpd) this quarter, anonymous sources with knowledge of Russian energy ministry data, which is not public, have told Bloomberg. At the latest OPEC+ meeting at the end of November, Russia …

Saudi state oil giant Aramco may issue a new bond this year to optimize its capital structure, according to its chief financial officer Ziad Al-Murshed. In the bond issue, Saudi Aramco would be looking at longer bond terms of up to 50 years, the executive said at the Saudi Capital …

Equinor has signed a 15-year agreement to supply LNG to India’s Deepak Fertilisers, which will use the gas mainly as a feedstock for ammonia production at a new plant, the Norwegian energy major said on Monday. Equinor is growing its LNG portfolio and will use the super-chilled fuel from its …