The Beaumont New Ammonia facility in southeast Texas has produced its first ammonia as commissioning advances, with commercial operations and global deliveries targeted for 2026.
U.S. natural gas futures fell more than 7% as warmer weather forecasts pressured demand, even as record LNG export flows helped prices finish the year higher.
Woodside has signed a long-term LNG supply agreement with Turkey’s BOTAŞ, securing up to nine years of deliveries beginning in 2030 from its Louisiana LNG project and global portfolio.
Petronas has agreed to supply 1 million metric tons per year of LNG to CNOOC, reinforcing Asian LNG trade flows as producers continue to secure long-term offtake.
Swelling oil inventories, a wave of new LNG supply and uneven demand growth are setting up 2026 as a pivotal year for energy markets, with oversupply risks overshadowing geopolitics.
Cheniere Energy has reached substantial completion on Train 4 at its Corpus Christi Stage 3 LNG project, keeping the multi-train expansion on track as additional units move toward completion in 2026.
Caturus has authorized major long-lead equipment orders for its Commonwealth LNG project in Louisiana, signaling growing momentum as the export facility moves closer to a final investment decision.
Australia is set to require LNG exporters to reserve a share of east coast gas for domestic use starting in 2027, a move that could reshape export volumes, pricing dynamics and future supply decisions.
TechnipFMC has secured a $250 million–$500 million subsea EPCI contract from Eni for the Coral North FLNG development offshore Mozambique, covering flowlines, risers, manifolds and umbilicals in ultradeep water.
Energy Transfer has suspended development of its Lake Charles LNG export project as it reallocates capital toward major natural gas pipeline expansions, including an upsized Transwestern Desert Southwest project.
Woodside Energy’s search for a new CEO comes as the company advances its $17.5 billion Louisiana LNG project and navigates rising costs, project risk, and an emerging global LNG supply glut.
Japan’s largest power generator, JERA, has signed a seven-year LNG supply agreement with Hokkaido Gas, securing up to three cargoes per year starting in 2027 and reinforcing domestic energy supply resilience.
Near-record LNG export flows and stronger demand forecasts lifted U.S. natural gas futures, pushing prices out of oversold territory despite ample supply and warmer-than-normal weather outlooks.
Permian and Gulf Coast pipeline expansions will be essential to supplying rising U.S. LNG feedgas demand, with analysts projecting LNG demand could reach 33 billion cubic feet per day by 2030 and climb higher by mid-decade.
The U.S. Department of Energy has granted Woodside Energy a 44-month extension to begin LNG exports from its Louisiana project, providing additional runway for a facility capable of exporting up to 3.88 billion cubic feet per day.
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