News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
LNG
Petronas Signs LNG Supply Agreement with QatarEnergy - QatarEnergy will supply Malaysia's Petronas with 2 million metric tons a year of liquefied natural gas (LNG) in a 20-year deal, the Malaysian state-run firm said on Wednesday, helping address the country's rising gas demand amid dwindling reserves. The deal is the first long-term supply arrangement between the two countries and follows Qatar's 27-year LNG supply deal with Japan last week. (Reuters)
NATURAL GAS
Equinor Sold About 30% of U.S. Gas on Spot Market During January Price Spike - Norway's Equinor sold around 30% of volumes from its U.S. onshore natural gas assets on a spot basis in January, capitalizing on a cold snap that sharply lifted demand and prices, its chief financial officer said on Wednesday. Equinor owns stakes in onshore gas production in the U.S., with the Marcellus position in the Appalachian Basin on the U.S. northeast coast its largest natural gas asset outside Norway. While the field is operated by a partner, Equinor takes delivery of its share of the gas and transports and markets the volumes itself. (Reuters)
NATURAL GAS
Mexico's Pemex Supplied US$496 Million Dollars of Oil to Cuba in 2025 - Mexico's Pemex supplied crude oil and petroleum products to Cuba worth US$496 million in 2025 through a commercial contract effective since 2023, the company's Chief Executive Officer Victor Rodriguez said on Wednesday. The shipments to Cuba have heightened friction between Mexico and the U.S. after U.S. President Donald Trump threatened last week he would impose tariffs on countries that sell oil to the Caribbean island. Rodriguez added the contract was open-ended and supply was based on Cuba's needs as well as on the availability of product in Mexico, adding it had been stable and there were no outstanding payments from Cuba. (Reuters)
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Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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