Edison, an Italy-based gas company, is set to enhance its flexibility in managing demand by substituting some gas volumes from pipeline contracts with liquefied natural gas (LNG), reported Reuters, citing the company’s CEO Nicola Monti. The company also entered into a 15-year deal with Shell to procure approximately 700,000 tonnes per annum (tpa) of US LNG, commencing in 2028. European operators like Edison are increasingly turning to LNG to better navigate uncertain consumption patterns in Italy and acr ...

Stocks moved mostly higher early in the session on Wednesday but gave back ground over the course of the trading day. The S&P 500 and the Nasdaq pulled back well off their best levels but still managed to end the day at new record closing highs.The S&P 500 rose 19.43 points or 0.3 percent to 6,532.04 and the tech-heavy Nasdaq inched up 6.57 points or less than a tenth of a percent to 21,886.06.The narrower Dow, on the other hand, slid 220.42 points or 0.5 percent to 45,490.92, as Apple (AAPL) slumped follo ...

Key Takeaways EQT signed a 20-year deal with Commonwealth LNG for 1 mtpa of LNG supply.The agreement adds to EQT's recent 20-year LNG deal with NextDecade.The deals diversify EQT's LNG exports and support its direct-to-customer strategy.EQT Corporation (EQT) , a leading U.S.-based natural gas producer, has inked an agreement with Commonwealth LNG for the purchase of 1 million tons per annum (mtpa) of liquefied natural gas (LNG). The contract spans 20 years. Commonwealth’s LNG export facility is currently un ...

By Francesca Landini and Giancarlo Navach MILAN (Reuters) -Italian gas and electric utility Edison plans to replace some gas volumes from pipeline contracts with liquefied natural gas to gain more flexibility in managing demand, its CEO said on Wednesday. The company earlier announced a 15-year agreement with Shell to purchase around 0.7 million tonnes a year of U.S. LNG starting in 2028. European companies are stepping up LNG purchases to gain flexibility, so they can resell cargoes to other markets wh ...

(Reuters) - U.S. energy infrastructure company Glenfarne said on Wednesday its unit struck a 20-year deal to sell liquefied natural gas to trading firm Gunvor, moving its planned Brownsville export project in Texas closer to a final investment decision. The deal covers 0.5 million tonnes per annum of LNG on a free-on-board basis and converts a previous preliminary agreement between the two firms. Global demand for LNG has surged since Russia's invasion of Ukraine upended gas markets in 2022, driving buye ...

TORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that Abaxx Exchange and Zhonggong Petroleum & Natural Gas Co., Ltd. (“Zhonggong”), a fast-gro ...

TORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that Abaxx Exchange and Zhonggong Petroleum & Natural Gas Co., Ltd. (“Zhonggong”), a fast-gro ...

Turkish state energy company BOTAS signed a 1.2-billion-cubic-metre liquefied natural gas (LNG) purchase agreement with Cheniere , Turkish Energy Minister Alparslan Bayraktar said on Wednesday. ...

TotalEnergies has been awarded a contract by South Korea-based national natural gas company KOGAS for the supply of one million tonnes per annum (mtpa) of liquefied natural gas (LNG) for a period of ten years. The delivery of LNG is set to commence at the end of 2027, as per the heads of agreement. TotalEnergies chairman and CEO Patrick Pouyanné said: "We thank KOGAS for its trust in TotalEnergies’ ability to supply its Asian customers with reliable and competitive LNG through its global portfolio. “Thi ...

Italy's energy company Edison on Wednesday signed an agreement with Shell to purchase liquefied natural gas (LNG) from the United States, expanding its long-term portfolio. ...