Ministers are considering commercial support for existing gas infrastructure, a floating LNG terminal and a strategic storage reserve. No intervention has
BP will acquire Woodside Energy’s 70% interest in Calypso, giving it complete ownership of the deepwater gas project. Trinidad’s government has
RWE will relinquish three offshore wind leases near New York, California and Louisiana after concluding that they have no foreseeable route
At least eight second-hand LNG carriers have reportedly entered Russian service in six months, taking Moscow’s unofficial fleet to about 25
Shell has agreed to sell its 35% interest in Cyprus’s Aphrodite gas field to MOL Group for up to $720m. The
Shell’s Q2 adjusted earnings rose to $9.8bn, beating analyst expectations and more than doubling from a year earlier. Strong LNG and
The Cronos field is scheduled to begin production in 2028 and supply around 2.8 million tonnes of LNG annually. Four subsea
QatarEnergy will miss another three Edison cargoes, taking the disruption to 24 cargoes and about 3 billion cubic metres of gas.
Centrica does not currently intend to extend Rough’s production and storage consent beyond 30 April 2027. Seasonal storage operations have already
European gas storage is only 54% full, significantly below its five-year average and at its second-lowest level in 15 years. Equinor
