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NEWS ARCHIVE



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Priority status for EU fossil fuel projects raises green hackles
-1/24/2020 4:43:58 PM
European lawmakers approved the European Union's list of priority energy projects that are eligible for up to 30 billion euros ($33.5 billion) in funding, ignoring objections over its inclusion of fossil fuel schemes.
Greece launches privatization of gas supplier DEPA Commercial
-1/24/2020 4:36:45 PM
Greece launched the sale of a majority stake in state-controlled gas utility DEPA's wholesale and retail business.
Global LNG - prices touch more than 10 year low
-1/24/2020 4:35:09 PM
Asian spot prices for liquefied natural gas (LNG) plummeted to multi-year lows this week, pressured by a lack of demand to consume abundant supplies.
Enterprise begins service at natural gas processing plant
-1/24/2020 4:29:17 PM
Enterprise Products Partners L.P. announced that it recently began operations at its new Bulldog cryogenic natural gas processing plant (previously referred to as the “Panola 3 gas plant”) in Panola County, Texas.
Sulzer wins contract to supply gas dehydration technology for ExxonMobil
-1/23/2020 4:54:19 PM
Sulzer is supplying the first ever industrial scale cMIST™ system for natural gas dehydration with start-up scheduled for the second half of 2020. The unit will be installed at an onshore ExxonMobil facility in the U.S.
Nigeria LNG signs 10-year deal with Total
-1/23/2020 4:23:02 PM
Nigeria Liquefied Natural Gas has signed a deal with French energy group Total for 1.5 million tons of LNG per year
First U.S. Freeport LNG cargo arrives in oversupplied Japan
-1/23/2020 4:03:13 PM
JERA, the world’s biggest buyer of liquefied natural gas (LNG), said a cargo of LNG from the U.S. Freeport project arrived at its Kawagoe thermal power station in Mie
China lifted underground gas storage capacity to 10.2 bcm
-1/23/2020 3:43:44 PM
China had built a total of 27 underground gas storage tanks with combined capacity of 10.2 billion cubic metres (bcm) by 2019, a 44% increase year-on-yea
Annova LNG and Enbridge sign pipeline agreement
-1/23/2020 3:27:39 PM
Annova LNG signed a Precedent Agreement with Valley Crossing Pipeline, LLC (VCP), providing transportation for Annova LNG’s total natural gas requirements at its 6.5 MTPA liquefied natural gas (LNG) facility in Brownsville, Texas.
PETRONAS concludes 12-Year LNG deal with Shenergy
-1/22/2020 8:49:13 PM
PETRONAS, through its subsidiary, PETRONAS LNG Ltd. (PLL), signed a Heads of Agreement (HOA) with Shenergy Group Company Limited (Shenergy) to supply approximately 1.5 MTPA of liquefied natural gas (LNG) to its Wuhaogou receiving terminal in China.
Japan's Osaka Gas looks to Europe to sell spare LNG cargoes
-1/21/2020 8:24:19 PM
Japan’s Osaka Gas has offered two liquefied natural gas (LNG) cargoes from the newly-commissioned Freeport LNG project in the United States for delivery into Europe
Asian LNG spot prices drop to multi-year lows below $4/mmBtu
-1/21/2020 8:23:15 PM
Asian liquefied natural gas (LNG) spot prices dropped to multi-year lows with at least one cargo being sold into Northeast Asia below the psychological barrier of $4 per million British thermal units (mmBtu).
Indonesia's Bontang LNG plant offers 3 cargoes for Feb-April
-1/21/2020 8:11:30 PM
Indonesia’s Bontang liquefied natural gas (LNG) plant has offered three cargoes for loading over February to April
Smart-Hose Technologies announces grant of patent
-1/21/2020 8:04:31 PM
Smart-Hose® Technologies has recently been granted a new Patent EP 3 011 217 B1 by the European Union for its Break-Away Adapter.
Mission Impossible: China can't meet its commitments on U.S. crude, LNG, coal
-1/21/2020 4:06:24 PM
The more you delve into the details of China’s commitment to buy an additional $52.4 billion in U.S. energy over the next two years, the more it becomes apparent the goal is unachievable,
Savannah Petroleum says Nigerian gas purchase is just the start
-1/20/2020 5:59:00 PM
London-listed Savannah Petroleum's told Reuters it would consider oil and gas acquisitions in Nigeria opportunistically, calling a purchase completed late last year the starting kit for further expansion.
Prices fall as LNG send-out surges
-1/20/2020 5:28:53 PM
British wholesale gas prices fell morning as an increase in liquefied natural gas send-out helped to create oversupply.
Freeport LNG achieves start of commercial operations for second liquefaction train
-1/17/2020 5:29:04 PM
Freeport LNG today announced the start of commercial operations for the second liquefaction train, of its three train facility, with the commencement of gas deliveries from BP under its 20 year tolling agreement with Freeport.
Qatargas delivers first Q-Flex LNG cargo to Summit LNG FSRU
-1/17/2020 4:25:09 PM
Qatargas Operating Company Limited (Qatargas) has delivered the first Q-Flex cargo of liquefied natural gas (LNG) to the 'SUMMIT LNG' Floating Storage and Regasification Unit (FSRU) located offshore Bangladesh.
Sinopec to review potential $16B gas deal with Cheniere
-1/17/2020 3:44:39 PM
China’s Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices,
Column: What happens if China really does try to buy $52 billion of U.S. crude, coal, LNG?
-1/16/2020 8:53:54 PM
The problem for energy markets isn’t whether China can actually buy the amount of crude oil, coal and liquefied natural gas (LNG) it has apparently committed to under the trade truce with the United States.
Prices rise on LNG drop, expectations of stronger demand
-1/16/2020 7:28:40 PM
British wholesale gas prices increased, supported by a drop in liquefied natural gas (LNG) send-out and expectations of a demand rise.
Chinese demand for U.S. LNG unlikely to surge as long as tariffs remain
-1/16/2020 4:38:56 PM
Chinese purchases of U.S. liquefied natural gas (LNG) are unlikely to surge, despite an agreement for China to buy more U.S. energy supplies, because tariffs on gas from the United States remain in place
EIA expects lower natural gas prices in 2020 as production outpaces demand
-1/15/2020 3:18:35 PM
In its January 2020 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that average U.S. natural gas prices will be 9% lower in 2020 than in 2019.
Natural gas pumping from Israel to Egypt to begin
-1/15/2020 11:29:50 AM
Natural gas pumping from Israel to Egypt will start on Wednesday, the Egyptian ministry of petroleum announced in a statement early on Wednesday.

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FEATURED COLUMNS

Editorial Comment: The Future of FLNG: Less is More?
-Adrienne Blume
Global LNG export capacity is expected to increase by 45% between 2017 and 2022, to more than 400 metric MMtpy, with 90% of the new capacity coming from sanctioned projects in the U.S. and Australia. By 2050, this capacity is anticipated to exceed 700 MMtpy. Regasification capacity is anticipated to increase even more sharply.
Executive Viewpoint: Back to production: Where we’re going, we don’t need pipelines
-Mark Casaday
What if a cost-effective way existed to extract and distribute natural gas, regardless of proximity to pipeline, and bring those assets back to production? What if the industry went in a direction that did not need pipelines? For those looking to monetize unproductive natural gas assets or bring unproductive wells back to production, it would be revolutionary.
Regional Focus:Australia to boost LNG exports despite domestic gas shortage
-Eugene Gerden
Australia is planning further increases in LNG production and exports over the next decade, despite quickly depleting reserves and a looming supply shortage in the domestic market.


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