LNG

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)

7/22/2024

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Power Knot LLC receives continued orders from ExxonMobil PNG for food waste digester consumables, spare parts

Power Knot LLC, a market leader for onsite organic waste management solutions, has received additional orders for food waste digester consumables and spare parts from ExxonMobil PNG.

Texas tanker bottleneck grows on slow Freeport LNG restart after Beryl

The number of liquefied natural gas (LNG) tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest exporter of the supercooled gas halted processing ahead of Hurricane Beryl’s landfall last week.

Global LNG: Asia spot prices supported by Freeport LNG outage, summer demand

Asian spot liquefied natural gas (LNG) prices held steady this week on the back of support from an outage at U.S. Freeport LNG which saw some cargo cancellations, and as summer weather boosted demand.

Sempra, Bechtel agree on EPC contract for Port Arthur LNG Phase 2 project in Texas (U.S.)

Sempra Infrastructure announced that Port Arthur LNG Phase 2 and Bechtel Energy have signed a fixed-price engineering, procurement and construction contract for the Port Arthur LNG Phase 2 project under development in Port Arthur, Texas.

Venice Energy welcomes underground gas storage expansion project in South Australia

The gas storage expansion project means that Venice Energy's terminal will be able to cover any forecast gas shortfalls in both Victoria and South Australia.

Natural gas arrivals will help Egypt halt summer load-shedding power cuts

Egypt will halt load-shedding power cuts during the summer as of Sunday, after some natural gas shipments arrived, in a bid to end a crisis that has inconvenienced a population of 106 MM.

Update: U.S. LNG natgas feedgas on track to fall to 12-wk low

The amount of natural gas flowing to U.S. liquefied natural gas (LNG) export plants was on track to drop to a 12-wk low on Wednesday due to reductions at several plants, including Freeport LNG in Texas.

FERC ordered to review Louisiana (U.S.) LNG project's emissions impact

A U.S. court has ordered federal regulators to reassess the impact of greenhouse gas (GHG) emissions from Commonwealth LNG's Louisiana liquefied natural gas (LNG) project, potentially slowing full approvals for the venture.

Russia's Arctic LNG 2 gas output slashed in May

Russia's sanctions-hit Arctic LNG 2 project, which started production in December but has yet to begin exports, slashed its natural gas output in May.

Freeport LNG in Texas to restart one train this week after Hurricane Beryl

Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.

WhiteWater's ADCC Pipeline in South Texas begins transporting natural gas

The ADCC Pipeline entered commercial service on July 1, 2024, and is capable of providing approximately 1.7 B ft3d of natural gas transportation capacity to the Cheniere Corpus Christi Liquefaction facility from markets on Whistler Pipeline's Agua Dulce Header in South Texas.

Singapore's 1H 2024 bunker sales rise on year but June sees a monthly decline

Sales of marine bunker fuel at Singapore climbed 8.5% in 1H 2024, official data showed on Monday, as shipping disruptions in the Red Sea boosted global bunkering demand, though demand slowed month-on-month in June.

SNAM making progress on Ravenna FLNG project (Italy)

Works are proceeding according to schedule on Ravenna's offshore regasifier, which will land 8.5 km from Punta Marina at the end of the year, and become operational in the first quarter of 2025.

Shell's bet on gas boom takes shape with string of deals

Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.

bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth

bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.

Japan builds gas markets in Asia to boost LNG trading, energy security

Japanese companies—foreseeing a growing surplus in stocks of liquefied natural gas (LNG) as their demand for the fuel wanes in coming years—are scrambling to invest in regional markets to provide potential outlets to sell the gas.

~1 MM in Texas without power, Freeport LNG to restart after Beryl

~1 MM homes and businesses in Texas remained without power on Thursday, four days after Hurricane Beryl lashed the state with fierce winds and flooding, sparking frustration among companies, officials and residents who were facing extreme heat.

Global LNG trade increased more than 1.6 Bcf/d in 2023

LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).

Fluor JV closer to completion, startup of LNG Canada Train One

Fluor Corp. has completed the final weld on the first production train at the LNG Canada project in Kitimat, British Columbia, Canada. This marks a pivotal moment in the construction of one of the largest energy projects in Canadian history.

EIA: US natgas output to decline in 2024, while demand rises to record high

U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO).

Honeywell to buy Air Products' LNG unit for $1.81 B as deal-making spree continues

Honeywell said on Wednesday it would buy Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 B in cash, marking the industrial giant's fourth acquisition this year.

Shell, TotalEnergies, bp, Mitsui & Co. take 10% stakes in ADNOC's Ruwais LNG project

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with the heads of global energy companies to exchange views on the future of the energy sector and the UAE's commitment to ensuring a sustainable future through the adoption and implementation of latest innovations, as well as the pursuit of international collaboration.

U.S. federal regulators uphold 3-yr extension for Tellurian to build Driftwood LNG plant

U.S federal regulators upheld on Tuesday an earlier decision to allow liquefied natural gas (LNG) developer Tellurian a 3-yr extension to construct its Driftwood LNG plant on the west bank of the Calcasieu river, near Lake Charles, Louisiana.

Energy trader MET Group signs 10-yr U.S. LNG supply deal with Shell

Switzerland-based energy trader MET Group has struck a 10-yr deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis.

Shell awards Wood major engineering contract for world’s largest floating offshore gas facility

Wood, a global leader in consulting and engineering, has secured a six-year contract to provide brownfield engineering, procurement and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) facility in Western Australia.

Shell boosts LNG business with Manatee FID in Trinidad and Tobago

Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell Plc., has taken a final investment decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.

Golar LNG signs 20-yr floating LNG vessel deal in Argentina

Golar LNG has partnered with Pan American Energy to deploy a floating liquefied natural gas (FLNG) vessel for 20 yr to export domestic natural gas as LNG from Argentina.

Malaysia's Petronas adds three new LNG vessels ahead of LNG Canada startup

Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three energy-efficient liquefied natural gas (LNG) vessels to its North American operations.