LNG
Workers at Chevron’s major Australian LNG projects are poised to strike, impacting over 5% of global supply, prompting experts to express worries about potential energy price increases
Gas prices in the UK have surged to over twice their usual seasonal value due to concerns about potential disruptions in liquefied natural gas supply from Australia
The UK energy market witnessed a significant drop in wholesale power prices during the second quarter, resulting from decreased demand and falling gas prices
Global LNG supply may increase by only 4% in 2023, which won’t be enough to make up for the predicted decline in Russian pipeline gas deliveries to Europe, according to the IEA
The EU has proposed extending emergency legislation to reduce gas demand by 15% for another 12 months
Annual average growth of supply is predicted to sit at 5.3% for the next seven years
Wind, hydro and solar generated 34TWh of electricity since 1st October, according to a report
The US exported the most LNG to the continent in 2022
It will assess whether the compensation granted to Litgas for supplying a mandatory quantity of LNG to the terminal in Klaipėda between 2016 and 2018 is in line with state aid rules
British energy giant bp is buying 100% of the output from the Coral Sul Floating LNG facility