Europe

The global liquefied natural gas (LNG) market is experiencing another period of oversupply, with significant downward pressure on prices in Asian and European markets. How low will prices go is the key question for the industry, said Wood Mackenzie’s Noel Tomnay, head of global gas and LNG research.

The outlook for liquefied natural gas (LNG) exports has something to disappoint nearly everyone, according to analysts at Raymond James & Associates Inc.

Cheniere Marketing International LLP has inked another liquefied natural gas (LNG) supply deal with Electricite de France SA (EDF) that is pegged to the Dutch Title Transfer index, a leading natural gas pricing index for continental Europe.

U.S. exports of liquefied natural gas (LNG) will strengthen Europe’s bargaining position with Russia and help create a more diverse global gas market, but they won’t solve the current crisis in Ukraine or free Europe from Russian gas, and they are unlikely to cause the Kremlin to change its foreign policy, according to Columbia University’s Center on Global Energy Policy.

The head of the International Energy Agency (IEA) Monday said it remains to be seen how large a contributor North American liquefied natural gas (LNG) will be to the global gas market. However, Maria van der Hoeven said North American volumes won’t do much to move the supply needle in Europe.

Analysts said economic sanctions from the United States and the European Union (EU) designed to punish Russia for its actions in Ukraine were "modest" at best, and could potentially damage business relationships that western oil and gas companies spent years building with OAO Gazprom and OAO Rosneft, Russia's state-owned gas and oil companies.

Any U.S. oil and gas wildcatter looking for a way to get on the Forbes annual Billionaires list might take a hint from some of the interests among those who made this year’s list, published Monday. They like oil and they like natural gas, and many of them especially like shale.

Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement last Thursday.

Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement on Thursday.