In 2025, the wholesale US natural gas spot price at the national benchmark Henry Hub in Louisiana averaged US$3.52 per million Btu, based on data from LSEG Data, the EIA has reported.
Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.
PETRONAS has entered into a sale and purchase agreement with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd for the supply of 1 million tpy of LNG.
Oil and gas companies face heightened capital allocation pressure in 2026, according to Wood Mackenzie's latest corporate outlook.
Baker Hughes has announced that it has received a Full Notice To Proceed from Technip Energies on behalf of Commonwealth LNG to supply primary liquefaction equipment for Commonwealth LNG’s 9.5 million tpy export facility currently under construction in the US.
Sandpiper Chemicals, LLC has announced that it has selected Air Water Gas Solutions Inc. as its presumptive industrial gases supplier for its Texas City, Texas, US, blue methanol facility.
JERA Co., Inc. has signed an LNG sale and purchase agreement with Hokkaido Gas Co., Ltd.
John Wood Group PLC has secured a 10 year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, Texas, US.
MISTRAS Group Inc. has been selected by Bechtel to deliver non-destructive testing services for the Woodside Louisiana LNG terminal.
JERA Co., Inc. has announced the signing of its first long-term LNG Sale and Purchase Agreement (SPA) to supply LNG outside Japan, with Torrent Power Ltd.
Fluor, with its Joint Venture partner JGC Corp., has completed Train 2 of the LNG Canada Project, marking the completion of the first phase of Canada’s first LNG mega-project in Kitimat, British Columbia.
EnerMech has secured a contract from Bechtel Corp. to deliver chemical cleaning services for Woodside Energy’s Pluto Train 2 LNG development in Western Australia.
Reganosa Servicios has been chosen by Squadron Energy to operate and maintain the onshore part of the Port Kembla Energy Terminal, New South Wales, Australia.
Eni has entered a long-term LNG sale agreement with BOTAS to supply 0.4 million tpy of LNG.
TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have signed a joint development and operating agreement, granting the Japanese companies a combined 33.3% stake in the Live Oak project.