LNG
Trump to declare 'national energy emergency' to boost fossil fuels, power projects
President Donald Trump laid out a sweeping plan to maximize already record high U.S. oil and gas production by declaring a national energy emergency, stripping away excess regulation, and withdrawing the U.S. from an international pact to fight climate change.
Italy's gas consumption at lowest in more than 15 yr in 2024
Italy's natural gas consumption fell to its lowest level in more than 15 yr to 61.7 Bm3 in 2024, the country's power market manager GME said on Friday.
GreenLine partners with Mondelez to provide sustainable logistics solutions
GreenLine Mobility Solutions Ltd., a prominent player in Essar’s Green Mobility initiative, has announced a new collaboration with Mondelez International (India) aimed at advancing the company’s sustainability goals through environmentally friendly road logistics.
South Korea considering buying more U.S. oil and gas
South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East.
Germany has enough gas for winter, storage operators say
Germany has sufficient gas in storage to cover demand over the current 2024/25 winter season, despite the end of Russian gas exports to central Europe on Jan. 1, storage operators' group INES said.
Trump's energy department pick to call for more LNG and nuclear power
Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power.
Ten EU countries call for sanctions on Russian gas, LNG
Ten European Union (EU) countries have called for the 27-nation bloc to ban imports of pipeline gas and liquefied natural gas (LNG) from Russia, as Europe debates fresh sanctions on Moscow over the war in Ukraine.
Greece's natural gas consumption rose 30% last year
Greece consumed 30% more natural gas last year than in 2023 as power producers, big industries and domestic consumers ramped up their use.
Poland's Orlen plans to invest up to nearly $92 B by 2035
The company aims to meet all of Poland's domestic natural gas demand over the next decade by increasing production and boosting LNG contracting, as well as adding gas-fired power generation capacity, energy storage and other infrastructure.
The eighth U.S. liquefied natural gas export terminal, Plaquemines LNG, ships first cargo
On December 26, 2024, Plaquemines LNG—the eighth liquefied natural gas (LNG) export terminal in the United States—shipped its first cargo after achieving first LNG production in mid-December.
LNG exporter Venture Global targets up to $110-B valuation in blockbuster U.S. IPO
Venture Global is targeting up to $110.38 billion valuation in its U.S. initial public offering, setting the stage for the first blockbuster stock market flotation in 2025.
AGDC and Glenfarne to develop $44-B Alaska LNG project
The Alaska state's Alaska Gasline Development Corporation (AGDC) has entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project.
U.S. natgas prices climb 4% on colder forecasts, record LNG feedgas
U.S. natural gas futures climbed about 4% to a one-week high on Friday on forecasts for colder weather and higher heating demand over the next two weeks than previously expected and record flows of gas to liquefied natural gas (LNG) export plants.
Since the 2011 Fukushima accident, Japan has restarted 14 nuclear reactors
Japanese utilities restarted two additional nuclear reactors in 2024 that had been suspended from operations in response to the 2011 Fukushima Daiichi accident, taking the total number of restarted reactors to 14 since the accident.
CB&I awarded lump-sum EPC contract for Ruwais LNG project in the UAE
CB&I announced that it has been awarded a lump sum contract by TJN Ruwais JV for engineering, procurement, and construction of two cryogenic tanks and associated civil, structural, mechanical and piping works for its Ruwais LNG project in the UAE.
ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure
ADNOC Gas plc and its subsidiaries announced the awarding of three enabling contracts worth $2.1 B for an LNG pre-conditioning plant (LPP), compression facilities and transmission pipelines to supply feedstock to the Ruwais LNG Project.
German gas imports drop 11% in 2024, more green power plants built
German gas imports fell by 11% in 2024 compared with the year before, with Norway the largest supplier, while exports more than halved.
Equinor extends Norway LNG outage by 10 days
Equinor has extended an ongoing outage at its Hammerfest LNG plant in Arctic northern Norway by 10 days to Jan. 19 as it continues to repair a failed compressor, the company said in a regulatory filing on Wednesday.
Chart Industries signs global master goods and services agreement with ExxonMobil
Chart Industries, Inc. signed a global master goods and services agreement with ExxonMobil. Chart will provide LNG equipment, technology and services for ExxonMobil’s global portfolio of projects.
Austria's OMV agrees to supply Romanian gas to Germany
Austria's OMV has struck a deal to supply Germany's Uniper with gas from its Black Sea project from 2027, as Europe seeks new ways to boost energy security after cutting ties with Russia.
Europe's LNG imports surge, but not at Asia's expense
Europe's imports of liquefied natural gas (LNG) surged to an 11-month high in December, but the gain didn't come at the expense of Asia, which also recorded higher arrivals.
Trump promised swift action on U.S. LNG exports, but advisers preaching patience
Advisers to U.S. President-elect Donald Trump are urging him to take a patient approach to restarting approvals for liquefied natural gas (LNG) export licenses, fearing rapid approvals will only get overturned in court.
U.S. Department of the Treasury releases final rules for clean hydrogen production tax credit
The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) released final rules for the section 45V Clean Hydrogen Production Tax Credit established by the Inflation Reduction Act.
EU's cleaner marine fuel rules are inflationary, shipbrokers say
European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, although firms with vessels that can run on alternative fuels, such as biodiesel and liquefied natural gas (LNG), will benefit, two shipbrokers said.
U.S. LNG exports soar in December, lifting full-year growth by 4.5%
U.S. LNG exports reached near record levels in December, rising to 8.5 MM tonnes (t) as two new plants started, and driving up full-year shipments 4.5% over 2023.
Italy calls for EU gas price cap at €60 per MW/hr
The European Union should extend its emergency cap on gas prices and set a ceiling of €60 per megawatt hour (MW/hr) to prevent a possible energy price shock.
Senegal and Mauritania announce first gas from bp's Greater Tortue Ahmeyim project
The Greater Tortue Ahmeyim gas project developed by bp and partners has produced its first gas from an offshore field in Senegal and Mauritania.
U.S. LNG gas demand hits record high on last day of the year
U.S. natural gas demand from LNG plants hit a record on December 31, 2024, climbing to 15.2 billion cubic feet in a sign of a strong year ahead from the startup of two new gas-processing plants.
Chart awarded technology contract for Woodside's Louisiana LNG project (U.S.)
Chart Industries, Inc. has received the order from Bechtel for the supply of Integrated Pre-Cooled Single Mixed Refrigerant liquefaction technology and cold boxes for Phase 1 of Woodside Energy Group Ltd’s Louisiana LNG development project.
Wison New Energies, Ace Gas & FLNG sign FEED contract for Nigeria FLNG project
Wison New Energies is proud to announce the official signing of the FEED contract for the 3-MMtpy FLNG and 230-MW Power Barge project with Ace Gas & FLNG, which is planned to be deployed in Nigeria.
- ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure
- U.S. Department of the Treasury releases final rules for clean hydrogen production tax credit
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Nicor Gas celebrates its first renewable natural gas interconnection
- Phillips 66 outlines nearly $3-B capital program for 2025
