infrastructure

China seeks exemption from U.S. sanctions on Russian LNG plant

China's state oil majors CNPC and CNOOC have both asked the U.S. government for exemptions from sanctions on Russia's Arctic LNG 2 export plant.

US unveils clean hydrogen plan, nuclear power role uncertain

The U.S. proposed rules for how energy companies can access billions of dollars in tax credits for producing low-carbon hydrogen using new clean energy sources but left thorny issues, such as how nuclear power could benefit, uncertain.

Asia LNG prices hit 4-mos low despite supply, geopolitical concerns

Asian spot LNG prices hit their lowest level in over 4 mos this week on strong inventories and weak demand despite supply concerns as more tankers avoid the Red Sea, following attacks launched by Yemen's Houthi group on commercial ships.

The race for clean energy: LNG and LH2 as the next frontier in fuel technology

11/30/2023

This article presents a comparison of LNG and LH2 as fuels, and discusses the properties and characteristics of both, including energy density, transportation, storage, safety, environmental impact, availability and cost.

Brazil's Petrobras to invest $102 billion in next five years

Brazil's Petrobras will invest around $102 B within the 2024-2028 period, representing a major boost in expected investments by the state-run oil company.

Indian Oil to double Ennore LNG terminal's capacity to 10 MMtpy

Indian Oil Corp aims to double the capacity of its LNG import terminal at Ennore in southern India to 10 MMtpy.

Japan approves JERA plan to keep surplus LNG in winter

Japan's industry ministry has approved a plan by the country's top power generator JERA to hold a surplus of LNG in the winter as a strategic reserve in case of supply disruptions.

Asia spot LNG holds steady as demand weak, inventories high

Asian spot LNG prices slipped slightly this week, as demand was weak and inventories remained high in both Northeast Asia and Europe.

Germany builds up LNG import terminals

Germany's quest to increase LNG import capacity has intensified as it seeks to end reliance on Russian pipeline gas, on which the European region relied heavily prior to Moscow's invasion of Ukraine last year.

Colombia's Ecopetrol analyzing possibility of importing natural gas from Venezuela

Colombia's state-owned oil company Ecopetrol is exploring an offer from Venezuela's PDVSA to supply the Andean country with gas from December 2024.

Finland-Estonia gas pipeline system to get bigger capacity after repair

The Balticconnector gas pipeline between Finland and Estonia, which was damaged last month, will get a bigger northbound transmission capacity next year following repairs.

Russia's oil and gas budget revenues seen down 40% in Nov. m/m

Proceeds from oil and gas sales for Russia's federal budget are likely to be almost 40% lower this month than in October due to cyclical payments of profit-based tax and the restoration of subsidies for refineries.

EU poised to propose extending energy crisis measures - official

The European Commission wants to extend emergency energy measures passed last year to cope with Europe's gas crisis to guard against future price shocks and quickly build-out renewable energy.

Venezuelan natural gas cooperation could lead to increased LNG and petrochemical exports

Venezuela is working with Shell and the National Gas Co. of Trinidad and Tobago to develop an offshore natural gas field that could boost LNG and petrochemical exports.

Gasgrid publishes revised winter booking plan for floating LNG terminal

Finland's Gasgrid, which operates the floating LNG import terminal at Inkoo, published a revised booking schedule for 6 slots between December and March, to help maintain stable supplies after the loss of a pipeline.

European LNG: The current market and its future

10/18/2023

The European LNG market is often characterized as a single homogenized LNG market. However, there are several distinct LNG markets within Europe, and LNG plays different roles and has different strategic and geopolitical importance in different parts of the continent. This article examines the current state of Europe's LNG market.

German parliament passes bill phasing out oil and gas heating systems

Germany's lower house of parliament passed a bill on phasing out oil and gas heating systems after months of wrangling, but the watered-down bill means the sector's 2030 climate goal cannot be reached.

The story behind engineering the world’s largest post-combustion carbon capture plant

9/1/2023

VPI—a power generator and owner of a 1,260-MW combined-cycle natural gas power plant based in Immingham, UK, adjacent to the Humber Oil refinery—is set to play a pivotal role in decarbonizing the region, as it plans to transform its existing facility into the largest post-combustion carbon capture plant of its type in the world.

Energy Transfer seeks new LNG export license after extension denied

Pipeline operator Energy Transfer requested a new and expedited export license for its proposed Lake Charles, Louisiana, LNG plant, according to a filing with the U.S. Department of Energy.

China LNG buyers expand trading after adding more US, Qatari contracts

China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.

Cheniere Energy strikes LNG supply deal with BASF

Cheniere Energy said it would supply 800,000 tpy of LNG to Germany's BASF.

Nigerians turn to gas to power their generators as petrol prices soar

Nigerians modify their home power generators to run on LPG rather than gasoline.

Fuel gas blending: Follow the H2 signal

6/13/2023

In some cases, it may be practical to blend hydrogen (H2) into the local natural gas distribution network via an agreement with local utilities, but regardless of the strategy, blending must be carefully controlled. This article examines these challenges.

A sustainable solution to reduce Europe’s reliance on natural gas

6/13/2023

This analysis shows that Europe will need to reduce natural gas demand by 55 Bm3 this year alone to mitigate against a potentially colder winter, a possible end to Russian supplies or rebounding Asian demand. This comes at a time when Europe has little bandwidth for additional energy rationing without sustaining a steeper slowdown in economic activity.

Bangladesh power cuts may last two more weeks on fuel shortages

Bangladesh could face power cuts for two more weeks, its power minister said, as higher electricity consumption because of rising temperatures has caused a fuel shortfall for generation plants.

Alberta wildfires hit gas flow out of Canada to U.S., spiking prices

Abnormally hot and dry weather is set to return to Alberta after a couple of cooler days helped calm wildfires that have slowed the flow of natural gas out of Canada into the United States and lifted gas prices.

Kremlin: important to identify object found next to Nord Stream pipeline

The Kremlin said it was important to identify an object discovered next to one of the Nord Stream pipelines and said the ongoing investigation into blasts that struck the pipelines last September must be conducted with full transparency.

Sempra launches Port Arthur LNG project

Sempra announced that its 70%-owned subsidiary, Sempra Infrastructure Partners, LP (Sempra Infrastructure), reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas.

Trinidad and Tobago hold deeper talks with Venezuela on Dragon gas project

Trinidad and Tobago held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.

US nat gas futures ease 1% to 2-wk less cold forecasts

U.S. natural gas futures slid about 1% to a two-week low on Friday on forecasts for less cold weather and lower heating demand over the next two weeks than previously expected.