Lagos — In an announcement made at COP26, the US and EU jointly kicked off the Global Methane Pledge, which aims to reduce methane emissions by 30% by 2030, and over 100 countries have... Read more
Lagos — India is expected to register the second highest LNG regasification capacity additions in Asia between 2021 and 2025, contributing about 21% of the region’s total capacity addi... Read more
OpeOluwani Akintayo Lagos — Savannah Energy PLC’s subsidiary, Accugas has commenced gas sales to First Independent Power Limited’s, FIPL power plant, FIPL Afam, in Rivers State.... Read more
Lagos — Global energy company, Shell, has announced a new business line in Nigeria to expand natural gas marketing and sales to meet the rapidly growing energy needs of wholesale custo... Read more
New wire – Lower demand for natural gas was seen last week from China and India where buyers have mostly remained on the sidelines despite a power crunch due to high prices, traders said. Th... Read more
Moscow — Russia’s Gazprom increased natural gas output 15.8% in January-October to 422.6 billion cubic metres, the company said on Monday. Exports to countries outside the Community of... Read more
Moscow — A major pipeline that normally brings Russian gas from Poland into Germany has been switched to flow east, further boosting Europe’s sky-high gas prices on Monday, although Po... Read more
Singapore — Sinopec Corp said on Friday it expects sales prices for natural gas in China in the fourth quarter to rise at least 20% versus a year earlier because of peak winter heating... Read more
Singapore — Asia liquefied natural gas (LNG) prices fell for a second straight week, tracking losses in European wholesale gas prices after Russia’s president said Gazprom could start... Read more
Moscow — Russia’s Gazprom and Italy’s Eni have signed an agreement to revise the terms of their existing long-term gas supply contracts and drop arbitration proceedings, the companies... Read more
