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Natural Gas

Spain, IEA back Dutch call to phase out fossil fuel subsidies

Spain's energy minister and the head of the International Energy Agency backed the Netherlands' call for an international coalition to phase out fossil subsidies.

ADNOC top exec says oil and gas could remain relevant until 2050

Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.

Port Arthur LNG Phase 2 Project receives Federal Energy Regulatory Commission authorization

Sempra Infrastructure, a subsidiary of Sempra, today announced that the Federal Energy Regulatory Commission (FERC) has approved the permit authorizing the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas

China climate envoy says phasing out fossil fuels 'unrealistic'

The complete phasing-out of fossil fuels is not realistic, China's top climate official said, adding that these climate-warming fuels must continue to play a vital role in maintaining global energy security.

Why the volatile South Caucasus is important for oil and gas supplies

Azerbaijan is trying to take back control of Nagorno-Karabakh, a breakaway territory controlled by ethnic Armenians, in the latest escalation of a decades-old conflict.

EU lawmakers to grill new climate chief on fossil fuels

Lawmakers in the European Parliament plan to grill Wopke Hoekstra, who is poised to be the EU's next climate change chief, on how he would phase out fossil fuel subsidies and set a new emissions target for 2040.

OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'

The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.

Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR

Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.

Russia's Sakhalin Energy resumes operations in full after maintenance

Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance.

German parliament passes bill phasing out oil and gas heating systems

Germany's lower house of parliament passed a bill on phasing out oil and gas heating systems after months of wrangling, but the watered-down bill means the sector's 2030 climate goal cannot be reached.