EU’s ACER says Europe avoided gas price volatility in Q3

The EU Agency for the Cooperation of Energy Regulators (ACER) said that Europe avoided “severe” gas price volatility in the third quarter of this year despite re-emerging supply uncertainty. ACER said in its quarterly review of key developments in European gas wholesale markets that European gas wholesale prices rose in the third quarter but remained…

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McDermott JV lands Rovuma LNG gig

Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.

Excelerate confirms Colombian FSRU charter deal, LNG carrier purchase

US FSRU player Excelerate Energy confirmed that it has signed a seven-year charter agreement with a unit of Canadian firm Frontera Energy to deploy its FSRU to a new LNG import terminal under development in Colombia. Excellerate also confirmed that it purchased a TFDE LNG carrier to convert it to an FSRU.

China’s gas imports slightly down in July

China’s natural gas imports, including pipeline gas and LNG, dropped slightly in July compared with the same month in 2025, according to customs data.
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