engineering
Asia spot LNG prices flat as ample inventories weigh
Asian spot LNG was flat this week to trend at a near three-year low as high inventories kept prices capped, though the slump in prices has attracted some spot demand.
Sugar maker Cristal Union takes stake in TotalEnergies biogas unit
French sugar maker Cristal Union will take a 10% stake in TotalEnergies's biogas unit BioNorrois due to be launched later this year, which will use sugar beet residue from one of Cristal Union's factories, the companies said.
OQEMA and BASF collaborate on amines in the UK and Ireland
BASF has strengthened its partnership with OQEMA, one of Europe’s leading chemical distributors, with regard to BASF’s standard amines portfolio excluding ethanolamines in the UK and Ireland, effective January 1, 2024.
bp plans to invest $1.5 B in Egypt gas projects
bp is preparing to invest about $1.5 B to develop gas projects and drilling in Egypt over the next three to four years.
MAMII expands membership with Chevron, Seapeak, and TotalEnergies joining the initiative
Leading energy companies TotalEnergies and Chevron, and major gas carrier Seapeak, have joined the Methane Abatement in Maritime Innovation Initiative, led by SafetyTech Accelerator.
Uzbekistan plans to invest $500 MM to boost gas imports from Russia
Uzbekistan plans to spend $500 MM on modernizing its mainline gas system to allow it to increase imports from Russia to 32 MMm3 a day from 9 MMm3.
Venture Global seeks extension for completion of Calcasieu Pass LNG
Venture Global LNG sought a one-year permit extension to complete construction of its Calcasieu Pass gas-export plant in Louisiana, in a filing with the U.S. Federal Energy Regulatory Commission.
GTA LNG project reaches major milestone with arrival of FLNG vessel
The FLNG vessel that is a core component of the Greater Tortue Ahmeyim LNG project has arrived at its destination on the Mauritania and Senegal maritime border.
STX Group announce unique financing partnership with Biovalue for Dutch biomethane plant
STX Group announced the financing partnership with BioValue for the construction and development of the Groengas Cothen biomethane plant.
QatarEnergy selects Nakilat to own and operate up to 25 conventional LNG vessels
QatarEnergy announced that it has selected Qatar Gas Transport Company Limited to be the owner and operator of up to 25 conventional-size LNG carriers pursuant to Time Charter Parties to be entered into by affiliates of QatarEnergy and Nakilat.
NYK takes delivery of Japan’s first LNG-fueled capesize bulk carrier
A naming ceremony was held for an LNG-fueled capesize bulk carrier that was ordered by NYK and will be deployed to transport iron ore and coal from Australia to Japan under a long-term consecutive voyage charter contract with JFE Steel Corporation.
Shell target asset management efficiencies across new projects
Shell has contracted ABL's specialist master data build and optimization software - Effio, to support a number of its large-scale newbuild projects including LNG Canada, Crux and Jackdaw.
Germany outlines $17-B plan to subsidize gas-to-hydrogen shift
Germany's government has agreed plans to subsidize gas power plants that can switch to hydrogen with a price tag of $17 B in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.
NextChem and Engie collaborate on advanced biomethane technology
Maire announced that NextChem, through its subsidiary NextChem Tech, and ENGIE agreed to cooperate on the development and commercialization of an advanced biomethane technology to produce synthetic methane from dry biomass waste.
Shell agrees to develop Nigeria gas field for Dangote fertilizer
Shell Plc has made a final investment decision to build a gas supply facility in Nigeria to feed a fertilizer plant owned by Africa's richest man, Aliko Dangote.
Mitsui records $93 MM more in provisions for sanctioned Arctic LNG 2 project
Japan's Mitsui & Co said it had recorded $93 MM as additional provisions on its investment in Russia's Arctic LNG 2 project sanctioned by the United States, but lifted its full-year profit forecast.
Poland's Gaz-System chooses Mitsui O.S.K. Lines for FSRU
Polish pipeline operator Gaz-System has chosen Japan's Mitsui O.S.K. Lines to supply a floating storage and regasification unit.
Phillips 66 shuts section of Oklahoma panhandle (U.S.) gas pipeline after fire
Phillips 66 said it has shut a section of a natural gas pipeline it operates in the Oklahoma Panhandle after a fire and rupture that occurred.
U.S. LNG export permit pause may affect Japan's fuel security
Japan's top power generator JERA expects the temporary suspension of U.S. LNG export permits may affect Japan's fuel security, and even the world's, if the issue persists.
Jenbacher engines to power Poland’s largest gas-fueled power plant, replacing coal power
INNIO Group announced that five Jenbacher J920 FleXtra engines will power a 50 MWe combined heat and power project in Bydgoszcz, Poland, for PGE Energia Ciepła S.A.
Russia’s planned gas pipeline to China faces construction delay
Mongolian Prime Minister L. Oyun-Erdene said construction of Russia's planned new Power of Siberia-2 gas pipeline to China, which was expected to start this year, may be delayed.
Baker Hughes achieves new hydrogen milestones to accelerate transition to hydrogen economy
Baker Hughes, an energy technology company, announced several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy.
Canada's Trans Mountain pipeline expansion to start in April
Canada's Trans Mountain Corp will begin adding crude oil to its long-delayed pipeline expansion in February and expects it to start operating in the second quarter.
Norway's December gas output hits record, oil beats forecast
Norway's natural gas output rose in December to an all-time high, beating an official forecast, while crude oil production was also above expectations.
Germany set for gas power plant expansion deal this week
German stakeholders are set to agree a deal on a much-anticipated roadmap for the construction of several new gas-fired power plants this week.
TotalEnergies says Danish Tyra gas field ready to start in March
TotalEnergies will restart production at Denmark's Tyra natural gas field in March this year.
U.S. Secretary of State Blinken urges Bosnia MPs to push through law to build gas pipeline with Croatia
U.S. Secretary of State Antony Blinken has urged Bosnian Croat lawmakers to stop holding up legislation to build a natural gas pipeline with Croatia, seen as an alternative to Russian gas.
INEOS polymer used to create world’s first sustainable gas pipeline
INEOS produced bio-based high-density polyethylene has been used to create the world’s first fully sustainable gas pipeline. Installed by French gas utility network operator, GRDF, the pipeline only uses the low carbon footprint polymer.
Vopak consortium selected to operate new LNG terminal in South Africa
South Africa has selected a Vopak consortium as the preferred bidder to develop and operate a LNG terminal at the Port of Richards Bay for 25 years.
Curtiss-Wright Exlar announces new Tritex EVA for oil & gas valve actuation
Curtiss-Wright’s Actuation Division announced that its new Exlar Tritex EVA electric valve actuator has achieved CSA Class 1, Division 2 Hazardous Location certification.
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
- Japan's Mitsubishi to acquire stake in Petronas LNG plant