Eni and Mercuria to establish global trading joint venture
Eni and Mercuria have signed an agreement to create a joint venture aimed at overseeing energy commodities trading activities across global energy markets.
Eni and Mercuria have signed an agreement to create a joint venture aimed at overseeing energy commodities trading activities across global energy markets.
AD Ports Group and IRH Global Trading Ltd have signed a memorandum of understanding to explore strategic co-operation in bunkering services and alternative marine fuels at Khalifa Port.
Natural gas prices declined across major regional benchmarks last week, with JKM, TTF and Henry Hub all easing by 26 June as geopolitical risk moderated, supply conditions improved and traders responded to changing market fundamentals. Asia – JKM The Northeast Asian assessed spot LNG price JKM for last week (22–26 Read more
JERA Co., Inc. has announced the establishment of JERA Global Energy Solutions, which will develop and manage JERA’s long-term LNG, upstream, lower-carbon fuels, and shipping portfolio.
Australian LNG has long been regarded as one of the industry’s greatest success stories, transforming the country into one of the world’s leading LNG exporters through a wave of major projects commissioned between 2015 and 2019. In this latest analysis, Cedigaz argues that Australia’s experience also provides a valuable case Read more
Against all odds, global LNG supply grew by 2% year-on-year in June, despite the continued disruption of flows via the Strait of Hormuz. This highlights the resilience of the global gas market and the effect of the unfolding LNG wave. LNG exports from the Middle East were down by 70% Read more
Edison has received a further notice from QatarEnergy confirming the continuation of the force majeure event, which prevents the seller from fulfilling its contractual obligations.
Baker Hughes has announced an award from Nigeria LNG Limited for the provision of comprehensive lifecycle services supporting turbomachinery equipment at its liquefaction plant in Nigeria.
XRG and Eni have each signed agreements with YPF for the acquisition of a 32% interest in three upstream blocks to supply the Argentina LNG project.
Global demand for LNG is expected to increase to nearly 700 million tpy by 2050, an increase of around 65% from 2025 levels, according to Shell’s LNG Outlook 2026.