economics
Chevron LNG strikes to have limited near-term impact on U.S. gas prices
The strikes at Chevron's LNG plants in Australia will likely have limited near-term impact on U.S. gas prices as domestic demand remains low.
Venture Global CEO says court battles are not slowing the company's LNG projects
Venture Global LNG's chief executive insisted recently that the company's development of U.S. LNG plants has not been slowed by international court battles over its failure to deliver cargoes to contract holders, including BP and Shell.
U.S. natgas prices edge up 1% on rising feedgas to Freeport LNG in Texas (U.S.)
U.S. natural gas futures edged up around 1% as the amount of gas flowing to the country's LNG export plants increases after Freeport LNG's facility in Texas returned to near full service over the past few days.
New FSRU arrives in France as Greenpeace blocks port
A new LNG FSRU arrived in western France morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.
ConocoPhillips signs 15-year LNG deal at Gate terminal in Netherlands
ConocoPhillips said it has signed a 15-year LNG throughput deal in the Netherlands, starting in 2031, to secure additional regasification capacity in Europe.
Russian gas exports to Europe via pipeline from Sept. 1-15 down 2% on August
Natural gas exports to Europe from Russia's Gazprom via pipeline edged down 2% in the first half of September compared to average levels in August when supplies were at their highest level this year.
Norway will deliver gas to Europe for as long as needed
Norway will continue to deliver natural gas to Europe for as long as needed while also working to decarbonize the continent's energy systems.
Italy's Eni wins second UK carbon storage license
Italian energy group Eni has won a second carbon dioxide storage license in Britain.
Asian spot LNG prices inch up as market eyes Australia strikes
Asian spot LNG prices inched up this week amid supply concerns as workers at Chevron's Australia LNG projects escalated industrial action and as feedgas intake at U.S. Freeport dropped below normal capacity.
Moldova's energy regulator fines Gazprom unit $1.9 MM
Moldova's energy regulator ANRE has fined a unit of Russia's Gazprom $1.9 MM for not complying with a requirement on the separation of gas transporting activities from those of a supplier.
Avenir LNG places LNG bunker trio with Wilhelmsen Ship Management
London-headquartered global energy supplier for small-scale LNG and gas carrier owner Avenir LNG Limited has awarded the management of three LNG bunker vessels to Wilhelmsen Ship Management.
EU's Simson calls for phase-out of imports of Russian LNG
The European Union must reduce Russian LNG exports and aim to phase them out completely.
Disagreements delay Russian gas hub plans in Turkey
Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it.
SOCAR Trading starts LNG trading in Singapore to capture Asian demand
Azerbajian's SOCAR Trading has begun LNG trading in Singapore to capture growing demand in Asia.
India issues tender for gas-fired power to address unusually high power demand
India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November.
Chevron LNG workers escalate strike action; fault at Australia plant hits output
Unionized workers at Chevron's Australian facilities escalated strike action, when simultaneously a fault at the energy major's Wheatstone plant was discovered that halted about a quarter of its liquefied natural gas production.
Malaysia's Bumi Armada inks deal for LNG development in Indonesia
Malaysia's Bumi Armada said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of LNG.
Freeport LNG feedgas intake cut for fifth day
Freeport LNG's natural gas intake at its plant in Texas fell to zero, marking a fifth straight day of operating well below capacity according to LSEG data and suggesting a persistent outage at the plant.
Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR
Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
The United States exported more LNG than any other country in the first half of 2023
The United States exported more LNG than any other country in the first half of 2023 (1H23), according to data from CEDIGAZ.
Freeport LNG gas intake remains well below capacity, at about 695 mcf
Freeport LNG's natural gas intake remained well below capacity for a fourth day, at about 695 million cubic feet.
Australia tribunal sets Sept 22 as date for Chevron LNG dispute hearing
The dispute between Chevron and workers at its two LNG in Australia will be heard by the industrial relations tribunal on Sept. 22, potentially offering a resolution to strikes which began last Friday.
North Africa will be Italy's key gas supplier for years, Eni top exec says
Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources said, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects.
Work delays behind Troll gas field maintenance extension, Equinor says
A planned maintenance outage at Norway's Troll field, Western Europe's largest, has been extended as scheduled work is taken longer than expected.
Feedgas flows to U.S. Freeport LNG drop sharply
Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and were still down for the third day in a row.
Tellurian drops equity-ownership condition for Driftwood LNG project
Tellurian Inc will sell LNG supplies to non-equity holders to bring its long-delayed Driftwood LNG project to fruition.
Russia's Gazprom to launch two Amur gas processing lines in 2024
Gazprom, Russia's largest natural gas company, plans to launch two more processing lines at the Amur gas processing plant early next year.
Chevron gambles on untested laws to halt Australia LNG strike action
Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone LNG facilities as unions prepare for full scale strikes.
EU has no immediate plans to ban Russian LNG, says Spain's Ribera
The European Union has no short-term plan to ban Russian LNG despite soaring imports to the bloc, Spain's energy minister said, citing fears of another price spike.
Strikes start at major Chevron Australia LNG projects, no talks planned
Workers at Chevron's LNG projects in Australia went on strike after talks broke down, potentially disrupting output from facilities that account for over 5% of global supply.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
