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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.

Bolivia seeks oil and gas investment, Russia's help to solve energy crunch

Bolivian state energy firm YPFB is looking to improve conditions for investment in the country's flagging oil and gas sector and seeking help from Russia to overcome recent fuel shortages.

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.

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.

TES, Itochu Corp. team up for decarbonization efforts via e-NG

TES announced a strategic collaboration with Itochu Corporation aimed at driving forward the adoption of e-NG to decarbonize hard-to-abate sectors.

FERC approves Venture Global's 20-MMtpy CP2 LNG project in Louisiana (U.S.)

The U.S. Federal Energy Regulatory Commission approved Venture Global's CP2 LNG export terminal project in Cameron Parish, Louisiana (U.S.).

Cedar LNG announces positive FID on 3.3-MMtpy FLNG project

Cedar LNG announced a positive final investment decision on the 3.3-MMtpy FLNG facility in the traditional territory of the Haisla Nation on Canada’s West Coast.

Aramco and Sempra announce Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2

Aramco and Sempra announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-yr sale and purchase agreement (SPA) for LNG offtake of 5 MMtpy from the Port Arthur LNG Phase 2 expansion project.

Argent LNG signs lease for 20-MMtpy Port Fouchon LNG export terminal

Argent LNG announced the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon, Louisiana (U.S.) for its 20-MMtpy LNG export terminal.

Summit Carbon Solutions granted approval by IUB for CO2 pipeline project

Summit Carbon Solutions is partnering with 57 ethanol plants in the U.S. to capture carbon dioxide from the fermentation process of biorefineries, such as ethanol plants, compress the captured CO2 and channel it to North Dakota where it will be permanently and safely stored underground in deep geologic storage locations.

IEEFA: LNG is not displacing coal in China’s transition to renewable power

Evidence from China, the world’s largest coal consumer, shows that LNG is unlikely to materially displace coal-fired power generation, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

EU approves $3.2 B in German hydrogen pipeline support

The European Commission has signed off on about €3 B ($3.2 B) of planned German state aid for building a system of hydrogen pipelines known as the Hydrogen Core Network.

New England (U.S.) utility closes import-dependent gas-fired power plant, keeps LNG import option

Although Constellation Energy will close the Mystic gas-fired power plant north of Boston (U.S.), it will continue to operate the Everett LNG terminal

Siemens Energy awarded $1.5-B Saudi energy supply contract

Siemens Energy is supplying key power plant technologies that will provide almost 4 GW to the Kingdom, and in addition has also entered a long-term maintenance contract for 25 years for the two power plants, with a total value of approximately $1.5 B.

Birchcliff and AltaGas enhance long-term partnership

Birchcliff and AltaGas enhance long-term partnership announced an expanded partnership focused on reducing long-term operating costs and connecting more liquified petroleum gas into premium global markets.

Global pipelines construction outlook 2024—Part 2

6/19/2024

This article will provide a forecast on pipeline construction in Africa, Asia, Europe, Russia and the Commonwealth of Independent States (CIS), and the Middle East.

Shell signs agreement to acquire Pavilion Energy

Shell Eastern Trading Pte. Ltd. has reached an agreement to acquire 100% of the shares in Pavilion Energy Pte. Ltd. Pavilion Energy includes a global LNG trading business with a contracted supply volume comprising about 6.5 MMtpy.

Kazakhstan to invest heavily in new gas processing plant capacity

The Ministry of Energy of Kazakhstan has initiated 60 investment projects valued at 17 trillion tenge (approximately $38 B) under the Nationwide Pool of Investment Projects.

Clean Energy expands Boron LNG facility in California (U.S.) by 50%

Clean Energy Fuels Corp. announced that construction of a third production train at its LNG plant in Boron, California, has been completed, increasing the plant’s volume capacity by 50%.

New Fortress Energy to deliver first LNG cargo from Altamira, Mexico plant in July

NFE today updated the timing of its first LNG expectation for its first Fast LNG unit located offshore Altamira, Mexico.

Crude oil tanker market grapples with aging fleet, shipyards focus on large container and LNG ships

The crude oil tanker market is grappling with an aging fleet of vessels which need to be replaced, posing a challenge as shipyards are focused on building other types of ships

QatarEnergy selects CPC as North Field expansion partner, signs 4 MMtpy LNG SPA for 27 years

QatarEnergy signed definitive agreements with CPC Corporation, Taiwan (CPC) covering the long-term supply of LNG to CPC and partnership in the North Field East (NFE) LNG expansion project.

CO2next project achieves important milestones for developing a liquid CO2 terminal in Rotterdam

CO2next aims to build a liquid CO2 terminal at the Maasvlakte in the port of Rotterdam, that can be used by customers not connected to a CO2 pipeline to ship liquid CO2.

Egyptian fertilizer plants shut down temporarily due to gas supply pressures

Gas supplies will gradually resume flowing as of Thursday to fertilizer factories in Egypt after several chemical and fertilizer companies shut down plants on a temporary basis.

Scorching heat drives India's gas-fired power use to multi-year highs in May

Sweltering heat and policy measures are fueling a surge in the use of gas-fired power in India, with imports of LNG forecast to rise sharply over the next two years.

Norway eyes faster ramp-up of gas export to Britain

The resumption on Friday of Norwegian gas exports to Britain via the Langeled pipeline will progress at a faster pace than initially planned, Norwegian system operator Gassco said.

Air Liquide to invest over $250 MM in new high-purity industrial gas plant

The new $250-MM plant will supply ultra-pure nitrogen and other gases to Micron Technology, Inc. and other customers in the area.

Saudi Aramco holding LNG talks with Tellurian, NextDecade

Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production.

U.S. natural gas prices fell after a volatile 2022

As average prices of U.S. natural gas fell in 2023, natural gas prices also became less volatile compared with 2022.