LNG
Woodside Energy to supply LNG to Pilbara Minerals unit
Woodside Energy said it had signed a sales and purchase agreement with a unit of Pilbara Minerals for the supply of domestic LNG from its Pluto Truck Loading Facility in Western Australia.
Global LNG markets seen 'finely balanced' in 2024 as demand under control
New LNG projects coming online this year and high stocks in Europe and North Asia in early 2024 capping demand are seen curbing spot price growth for the next six months as analysts forecast a "finely balanced" market.
Some LNG vessels avoid passing Yemen after Red Sea attacks increase
Several LNG vessels have changed their courses in recent days to avoid the Red Sea region amid maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.
Tokyo Gas unit to buy U.S. natgas producer Rockcliff Energy for $2.7 B
A unit of Tokyo Gas has decided to buy Texas-based natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for $2.7 B to expand its overseas business.
QatarEnergy CEO says new LNG supply deals 'imminent'
QatarEnergy expects to agree new long-term liquefied natural gas supply deals in Asia and Europe, with several "imminent".
Vietnam awards license to Tokyo Gas, partners to build $2-B LNG power plant
Vietnam awarded an investment license to a consortium of Tokyo Gas, Kyuden International and Truong Thanh Group to build a $1.99-B LNG-fired power plant in its northern province of Thai Binh.
Germany's SEFE seeks US approval for Venture Global's CP2 LNG project
The German state-owned Securing Energy for Europe GmbH has become the third company to seek approval from the U.S. energy regulator for LNG developer Venture Global to begin construction on its CP2 LNG project in Louisiana.
U.S. natural gas prices climb 4% to one-week high with rising demand
U.S. natural gas futures climbed about 4% to a one-week high on forecasts for higher demand next week than previously expected and as record amounts of gas flow to LNG export plants.
Freeport LNG settles with U.S. EPA over safety failures for June 2022 Texas blast
Freeport LNG, which operates the second-largest U.S. LNG export plant in Texas, agreed with the U.S. Environmental Protection Agency to settle safety violations related to a June 2022 blast that caused some $275 MM in damage to the facility.
Differing LNG outlook stalls Shell talks on gas project with Venezuela
A disagreement between Shell PLC and Venezuela's state company PDVSA over future LNG prices has gridlocked talks on a license for Shell and Trinidad and Tobago's National Gas Company to operate a Venezuelan gas field.
Equinor buys Shell's stake in the Linnorm gas discovery
Norway's Equinor said it has agreed to buy Shell's stake in the Linnorm gas discovery in the Norwegian Sea, raising its ownership to 50%.
Latvia utility buys LNG from Equinor
Latvian state-owned utility Latvenergo said it had agreed to purchase six cargoes of LNG from Equinor for delivery via Lithuania's Klaipeda terminal.
Freeport LNG's Texas (U.S.) facility faces problems with upstream gas feed
Freeport LNG's pretreatment facility in Texas (U.S.), immediately reduced production rates due to issues with the upstream gas feed to the facility.
U.S. natural gas prices up 1% on higher demand, record LNG feedgas
U.S. natural gas futures edged up about 1% from a six-month low in the prior session on raised demand forecasts for this week, and as record amounts of gas flowed to LNG export plants.
Pembina Pipeline to buy Enbridge's JV interests for $2.30 B
Pembina Pipeline said it would buy Enbridge's interests in the Alliance Pipeline, Aux Sable and NRGreen joint ventures for $2.30 B.
Germany's Stade LNG project expects floating terminal in February
Germany's emerging LNG terminal in the Elbe river port of Stade expects its floating regasification vessel to arrive in February, allowing seaborne gas cargoes to be fed into local pipeline grids.
Environmental groups ask lenders to avoid LNG project in Papua New Guinea
Major global lenders should refuse to finance a LNG project in Papua New Guinea to help keep global warming in check, civil society groups said, as some owners tap banks ahead of a final greenlight next year.
New pipelines will bring significant volumes of natural gas to new LNG export terminals
More than 20.0 Bcf/d of natural gas pipeline capacity is under construction, partly completed, or approved to deliver natural gas to five U.S. LNG export terminals that are currently under construction, according to the Natural Gas Pipeline Project Tracker.
bp challenges U.S. energy regulator's oversight of Venture Global LNG plant
bp has challenged U.S. energy regulators' approvals of a Venture Global LNG export facility, arguing the Federal Energy Regulatory Commission has failed to enforce its regulations.
Two Japan energy companies seek U.S. approvals for Venture Global's CP2 LNG
Two Japanese energy companies, oil and gas producer Inpex Corp and power utility JERA, urged a U.S. energy regulator to give prompt approvals for Venture Global to begin construction on its CP2 LNG project in Louisiana.
Venezuela prods bp, Chevron to revive gas project near Trinidad, Guyana
Venezuela has begun contacting energy firms involved in an long-idled offshore gas project to push them to begin new exploration and operations near its maritime border with Guyana.
Tellurian Board appoints Daniel Belhumeur as President and Meredith Mouer as General Counsel and Chief Compliance Officer
Tellurian Inc. announced that following the appointment of Martin J. Houston as Chairman of the Board, the Board of Directors has named former General Counsel Daniel Belhumeur as President of Tellurian, and former Deputy General Counsel Meredith Mouer as General Counsel and Chief Compliance Officer of Tellurian.
U.S. LNG developer Tellurian ousts co-founder Souki as chairman
Tellurian ousted its chairman and co-founder Charif Souki as an executive officer, weeks after auditors raised doubts about the company's ability to cover future expenses.
U.S. natgas slides to 3-month low on mild weather, Golden Pass LNG delay
U.S. natural gas futures slid about 2% to a three-month low on forecasts for milder weather and lower heating demand as investors worried LNG exports would not grow much in 2024.
Asia-Europe LNG spread at widest level in almost two years
The Asia-Europe LNG spread has hit its widest level in about two years, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.
Asia spot LNG prices fall on continued muted demand
Asian spot LNG prices slightly fell this week on continued lack of interest for spot supply from Northeast Asia players and forecast of weaker prompt gas demand in Europe.
Woodside in talks with Santos to form $52-B Australian gas giant
Australia's Woodside Energy and Santos said they were in preliminary talks to create an $52-B global oil and gas giant, as consolidation among international energy firms intensifies.
Italy's Saipem has completed exit from Russia's Arctic-2 LNG project
Italian energy engineering and construction group Saipem is no longer involved in Arctic-2 LNG, a massive Russian project to build a LNG production site in the Arctic, which was targeted by U.S. sanctions last month.
Asia-Europe LNG spread at widest level in almost a year
The Asia-Europe LNG spread has hit its widest level in about a year, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.
Venture Global LNG expects extended start-up at second plant
A Venture Global LNG export plant due to begin operating in 2024 will undergo a lengthy startup similar to its Calcasieu Pass LNG facility, with customers likely to receive their first cargoes in 2026 at the earliest.
- Credit Agricole says it will not fund two major LNG projects
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
