Japan's biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centres and AI, a senior executive told Reuters.

The European Union is unlikely to propose phasing out Russian liquefied natural gas as part of a new package of sanctions targeting Moscow for its invasion of Ukraine, according to people familiar with the matter.

The European Union is unlikely to propose a gradual phase-out of Russian liquefied natural gas (LNG) as part of its new sanctions package targeting Russia over its full-scale invasion of Ukraine. Source: Bloomberg,

Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could provide relief for gas importers and help pad profits for traders.

Shares in Venture Global, Inc. are expected to make their debut on the New York Stock Exchange after the company raised $1.75 billion in its initial public offering, Fast Company reports.  Venture Global’s IPO is the largest public offering ever for a liquefied natural gas (LNG) producer and comes at what may be one of

Europe is increasingly reliant on its ability to attract LNG following the loss of Russian gas through Ukraine, as it depletes its gas in storage. The EU’s gas storage was 59 per cent full as of Monday, 15 per cent below the same time last year, according to industry body Gas Infrastructure Europe. Colder weather contributed to a faster withdrawal.

Trump has pledged to ensure Europe’s LNG needs are met, even if it impacts domestic prices, while urging increased EU purchases to address trade imbalances.

The company plans to increase its share offering from 50 million to up to 62 million in its potential New York flotation.

HOUSTON (Reuters) - Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually, the company said in a statement on Friday.

Good afternoon and Happy Friday, readers! As President Donald Trump left Washington, D.C., for his first presidential trip to North Carolina and California today, the nation’s capital gave a warm welcome to two giant pandas from China that made their debut at the Smithsonian National Zoo.

Goldman Sachs analyst Neil Mehta cut the price forecast for Exxon Mobil Corporation (NYSE:XOM) from $125 to $123 ahead of the company’s fourth-quarter results, which will be reported on January 31, 2025.