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NEWS ARCHIVE



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Germany says gas market open as U.S. eyes LNG exports
-9/24/2018 2:57:32 PM
Germany’s gas market is open to all market participants, a government spokeswoman said ater a newspaper reported that U.S. firms expect to start delivering liquefied natural gas (LNG) to Germany in four years at the latest.
Shell wins LNG deal to supply Chinese firm's power plant in Panama
-9/24/2018 2:50:48 PM
Royal Dutch Shell Plc has won a long-term contract to provide liquefied natural gas to a Chinese company’s 441 megawatt power plant under construction in Colon, Panama, advisors on the deal said.
Mexico should tap natural gas to offset U.S. 'supply risk' -regulator
-9/21/2018 3:34:27 PM
Mexico should speed up development of its natural gas reserves, including potentially massive shale deposits, to curb a growing "supply risk" fed by excessive dependence on U.S. supplies, the industry regulator proposed.
Duke shuts natgas plant due to Florence floods, coal ash leak feared
-9/21/2018 3:26:09 PM
Duke Energy Corp said it shut down a North Carolina natural gas plant due to flooding as the deluge of water continued in the aftermath of Hurricane Florence, which has killed more than 40 people.
Woodside to supply LNG to Germany's Uniper for four years from 2019
-9/20/2018 10:48:42 AM
Woodside Energy Trading Singapore said it signed a heads of agreement (HOA) with Germany's Uniper Global Commodities for the supply of up to 0.6 million tonnes of liquefied natural gas (LNG) per annum.
Buoyant gas industry may be blindsided by renewables
-9/20/2018 10:45:59 AM
The global gas industry, boosted by a host of new projects to feed booming demand, is in better shape than at any point in the last five years but analysts warn it is getting ahead of itself, pointing to the rise of renewable energy as a threat.
Bangladesh puts aside Gunvor, Vitol LNG projects as others ramp up
-9/20/2018 10:41:58 AM
Bangladesh has put aside two smaller liquefied natural gas (LNG) projects with trading houses Gunvor and Vitol to focus on two larger LNG import terminals, one of which is already in use while the second will start up in March.
General Electric power chief identifies issue with new gas turbine
-9/20/2018 10:39:59 AM
General Electric Co has identified an "oxidation issue" that affects the lifespan of its new, larger H-class gas turbines, GE Power Chief Executive Russell Stokes said in a blog post on the company's LinkedIn page.
New U.S. LNG projects, enough to double exports, on verge of launch
-9/20/2018 10:32:30 AM
New U.S. liquefied natural gas terminals with enough capacity to double U.S. exports have either begun commissioning their facilities or are waiting for approval from the energy regulator, a review of their documents showed this week.
Natural gas says it's no longer a transition fuel. It may be wrong
-9/20/2018 9:54:24 AM
Natural gas is no longer merely a transition fuel between the past of dirty coal and crude oil and the future of renewables, according to an increasingly confident cross-section of the industry.
Orbital Gas Systems signs cooperation agreement with SAMSON
-9/20/2018 9:44:57 AM
Under the terms of the Agreement, SAMSON will distribute the Company’s solutions globally excluding North America and the U.K. and become its exclusive distributor. The document contains specific performance milestones, which SAMSON must achieve to become and then maintain “exclusivity.”
China LNG tariff casts shadow over new U.S. export terminals
-9/19/2018 2:35:35 PM
China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the world’s second-largest LNG seller.
U.S. natural gas prices remain on defensive despite low stocks
-9/19/2018 1:51:13 PM
Benchmark U.S. natural gas prices have remained stuck below $3 per million British thermal units for most of this year even as consumption has soared and gas stocks have slipped to their lowest seasonal levels since 2003.
U.S. LNG to China cheaper than other origins despite tariff
-9/19/2018 1:47:05 PM
Shipments of liquefied natural gas (LNG) from the United States to China remain cheaper than other sources despite a 10 percent tariff that was imposed on the cargoes this week in the trade war between the two nations, industry sources said.
Gas to rise by over 50% by 2040 and US to become world’s largest LNG exporter
-9/19/2018 10:41:20 AM
Gastech 2018, the global exhibition and conference at the forefront of the international gas, LNG and energy industries, today heard forecasts that the U.S. will become the world’s leading LNG supplier by 2028 and still be the largest natural gas producer by 2040.
SENER receives DNV GL approval in principle for two new LNG-fuelled bunkering vessel designs
-9/19/2018 9:57:30 AM
The global quality assurance and risk management company DNV GL has presented the engineering and technology group SENER with an Approval in Principle (AiP) Certificate for a LNG-fuelled bunkering vessel. The new innovative design has been found to comply with DNV GL class rules and all current and upcoming regulations
Canada’s Kwispaa LNG and Hyundai Heavy Industries close deal for Front-End Engineering and Design for the Kwispaa LNG Project
-9/19/2018 9:56:51 AM
The Kwispaa LNG Project achieved another significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG™ hulls.
SENER designs an innovative LNG unit for Panfido
-9/18/2018 2:34:30 PM
SENER has signed a contract with the owner Rimorchiatori Riuniti Panfido & C.s.r.l for delivering the basic engineering and technical assistance in the construction of a liquefied natural gas (LNG) SBBT unit, which will operate in Italy and the Adriatic.
John Crane launches innovative Gas Seal technology to significantly reduce methane emissions
-9/18/2018 2:22:53 PM
John Crane, a global leader in rotating equipment solutions, today launched its latest gas seal technology designed to be retrofitted into centrifugal compressors with oil seals to significantly lower operating costs, improve reliability and reduce methane emissions by up to 95 percent.
China sets tariff on U.S. LNG just as exports ramp up
-9/18/2018 11:37:23 AM
China has set a 10 percent tariff on imports of U.S. liquefied natural gas just as trade of the super-chilled fuel between the two nations started to ramp up and exports from new terminals on the U.S. Gulf Coast are poised to begin.
Russia's Novatek plans China LNG sales in yuan
-9/18/2018 11:25:10 AM
Russian liquefied natural gas (LNG) producer Novatek plans to sell some of its future production to China in yuan, its chairman said.
Germany's Uniper says in talks on Wilhelmshaven LNG terminal
-9/18/2018 11:19:09 AM
German utility Uniper is ready to import liquefied natural gas (LNG) into the country and distribute it should a terminal be built at Wilhelmshaven, close to its storage facilities, board member Keith Martin told Reuters in an interview.
Germany to build LNG terminal in 'gesture to U.S.'
-9/18/2018 10:37:32 AM
BRUSSELS (Reuters) - Germany will chose where to build a new liquefied natural gas (LNG) terminal by year end’s in what its economy minister on Tuesday called “gesture” to the United States.
Panama Canal head expects fewer China, U.S. ships if trade war escalates
-9/17/2018 8:54:29 AM
Fewer ships from China and the United States could use the Panama Canal if trade tensions escalate between the two economic giants, but the dip could be offset by grain exports from north Brazil, the head of the organization that operates the waterway said.
US LNG’s second wave gains momentum
-9/17/2018 8:35:40 AM
As global liquefied natural gas (LNG) market fundamentals tighten, US LNG has gained momentum again. Since early 2018, a second wave of projects set to bring more 10 million tonnes per annum (mmtpa) to the market under binding sales and purchase agreements (SPAs) have reached the starting blocks.

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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
EWAnalysis
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Industry Perspectives
-Eugene Gerden
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.


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