construction

Glenfarne Energy Transition’s Texas LNG and EQT execute binding LNG tolling agreement

Texas LNG Brownsville LLC, a 4 MMtpy LNG export terminal to be constructed in the Port of Brownsville, Texas, and a subsidiary of Glenfarne Energy Transition, LLC, and EQT have executed a definitive 20-yr tolling agreement for natural gas liquefaction services for 2 MMtpy of LNG.

Court approves settlement agreement between Zachry Holdings and Golden Pass LNG

Zachry Holdings, Inc. (ZHI) announced that the U.S. Bankruptcy Court for the Southern District of Texas has approved its settlement agreement with Golden Pass LNG Terminal LLC and joint venture partners CB&I LLC and Chiyoda International Corporation.

Judge approves Zachry Holdings, Golden Pass LNG settlement, paving the way for project resumption

A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement that will allow ExxonMobil and QatarEnergy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.

New Fortress Energy announces closing of $700-MM loan for second FLNG vessel

New Fortress Energy announced that after successfully producing LNG at its first FLNG unit, it has closed its previously announced $700-MM loan for its second FLNG unit to be located in Altamira, Mexico.

Golden Pass LNG construction could return to normal after settlement

Work to complete the QatarEnergy and ExxonMobil $11-B LNG project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development.

Puerto Bahía and GASCO agree to pursue LPG project in Cartagena, Colombia

Frontera Energy Corp. has announced that its subsidiary, Sociedad Portuaria Puerto Bahía S.A. and Gasco Soluciones Logísticas y Energéticas S.A.S. (GASCO) have entered into a framework collaboration agreement to jointly pursue a liquified petroleum gas (LPG) project at Puerto Bahía's state-of-the-art liquids and dry cargo port terminal strategically located in the Bay of Cartagena, Colombia.

EIA: Less natural gas consumption in Europe is keeping storage full

Consumption of natural gas in Europe consistently decreased since mid-2022, driven by a combination of mild winter weather and government policies aimed at reducing natural gas consumption.

South Korea's KOMIPO cancels plans for LNG import terminal

South Korea's Korea Midland Power Co. (KOMIPO) has cancelled plans to build a liquefied natural gas (LNG) import terminal on the western coast of the country due to high costs and declining demand for the fuel.

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)

7/22/2024

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

U.S. DOE, ARCHES sign $12.6-B hydrogen hub project in California (U.S.)

The U.S. Department of Energy and ARCHES announced the official signing of a landmark $12.6-B agreement to build a clean, renewable hydrogen hub in California (U.S.).

Sempra, Bechtel agree on EPC contract for Port Arthur LNG Phase 2 project in Texas (U.S.)

Sempra Infrastructure announced that Port Arthur LNG Phase 2 and Bechtel Energy have signed a fixed-price engineering, procurement and construction contract for the Port Arthur LNG Phase 2 project under development in Port Arthur, Texas.

Venice Energy welcomes underground gas storage expansion project in South Australia

The gas storage expansion project means that Venice Energy's terminal will be able to cover any forecast gas shortfalls in both Victoria and South Australia.

Chesapeake Utilities receives approval for new infrastructure to support three Florida RNG projects

Chesapeake Utilities Corp.’s subsidiary, Peninsula Pipeline Company (PPC), has received approval from the Florida Public Service Commission for three projects that expand natural gas infrastructure to benefit customers of Florida City Gas (FCG), also a subsidiary of Chesapeake Utilities.

Air Products to build, own and operate two new ASUs at its Georgia, North Carolina facilities

Air Products, a world-leading industrial gases company, has announced two projects to enhance the sustainability, productivity and operational flexibility of its base industrial gas business, as well as continuing commitment to the merchant industrial gas market.

SNAM making progress on Ravenna FLNG project (Italy)

Works are proceeding according to schedule on Ravenna's offshore regasifier, which will land 8.5 km from Punta Marina at the end of the year, and become operational in the first quarter of 2025.

Japan builds gas markets in Asia to boost LNG trading, energy security

Japanese companies—foreseeing a growing surplus in stocks of liquefied natural gas (LNG) as their demand for the fuel wanes in coming years—are scrambling to invest in regional markets to provide potential outlets to sell the gas.

Global LNG trade increased more than 1.6 Bcf/d in 2023

LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).

Engie to partner with Macquarie in Mexican pipeline project

French energy company Engie has agreed to partner with Australian infrastructure investor Macquarie Asset Management to expand the Mayakan natural gas pipeline in Mexico.

Fluor JV closer to completion, startup of LNG Canada Train One

Fluor Corp. has completed the final weld on the first production train at the LNG Canada project in Kitimat, British Columbia, Canada. This marks a pivotal moment in the construction of one of the largest energy projects in Canadian history.

Shell, TotalEnergies, bp, Mitsui & Co. take 10% stakes in ADNOC's Ruwais LNG project

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with the heads of global energy companies to exchange views on the future of the energy sector and the UAE's commitment to ensuring a sustainable future through the adoption and implementation of latest innovations, as well as the pursuit of international collaboration.

U.S. federal regulators uphold 3-yr extension for Tellurian to build Driftwood LNG plant

U.S federal regulators upheld on Tuesday an earlier decision to allow liquefied natural gas (LNG) developer Tellurian a 3-yr extension to construct its Driftwood LNG plant on the west bank of the Calcasieu river, near Lake Charles, Louisiana.

Shell awards Wood major engineering contract for world’s largest floating offshore gas facility

Wood, a global leader in consulting and engineering, has secured a six-year contract to provide brownfield engineering, procurement and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) facility in Western Australia.

UECC chooses Titan for major liquefied biomethane deliveries

United European Car Carriers (UECC) and Titan Clean Fuels (Titan) are collaborating on a series of major liquefied biomethane (LBM) bunkering operations in the Port of Zeebrugge.

Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana (U.S.)

U.S. LNG company Venture Global LNG sought permission from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.

Bangladesh's Summit LNG expected to resume operations in mid-July

The floating storage and regasification unit of Bangladesh's Summit LNG should resume operations in mid-July after it was damaged during a cyclone.

Texas governor looks to double state energy fund to $10 B to build gas plants

Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick said they will seek to expand the Texas Energy Fund program to $10 B to build more natural gas plants to meet the state's growing demand for electricity.

Vitol invests in future of LNG bunkering by securing three LNG bunkering vessels

Vitol has secured three LNG bunkering vessels. The vessels were secured via a 7 yr-10 yr time charter agreement with Avenir LNG Limited and CIMC Sinopacific Offshore & Engineering Co. Ltd shipyard in Nantong, China.

Wood awarded concept study for Greater Sunrise LNG development

Wood will deliver a comprehensive concept study, considering engineering, technology, financing, commercial structures, fiscal, environmental, health & safety and socioeconomic drivers including local content.

Aramco’s strategic gas expansion progresses with $25 B in contract awards

Aramco has awarded contracts worth more than $25 B to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030.