LNG
How boil-off gas APC exceeded expectations at an Australian LNG plant
The use of advanced process control (APC) technology on LNG liquefaction trains is well accepted with some of the earliest implementations developed in the late 1990s.
Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects
Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company are in talks to invest in U.S. LNG projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market.
India sees $4.95-B investment for natural gas network in northeast Kashmir
India expects investment of about $4.95 B from companies to build natural gas pipeline infrastructure in its northeastern states and northern federal territories of Kashmir and Ladakh.
Vitol close to buying Exxon, QatarEnergy stakes in Italy LNG terminal
Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy's biggest LNG import terminal from Exxon Mobil, opens new tab and QatarEnergy.
Philippines' top energy firms partner for $3.3-B LNG facility
Three top Philippine energy firms have partnered for the first time to form a large-scale integrated LNG facility, the companies said, in a deal two of them valued at $3.3 B.
LNG developer Tellurian to not extend CEO's employment term
LNG developer Tellurian said it would not renew or extend the employment term of CEO Octavio Simoes beyond June 5, and aims to sell its upstream business as it no longer sees it "a core strategic need"
Low U.S. natural gas prices to dampen prospects for Tellurian asset sale
Low U.S. natural gas prices will hurt Tellurian Inc's ability to sell Louisiana gas producing properties in order to pay off enough debt to salvage its LNG project.
U.S. LNG exports fall in February on outage and fewer calendar days
A month-long closure at Freeport LNG plant in Texas (U.S.) and fewer days in the month pushed February U.S. LNG exports 7% lower than in January.
EU's Russian gas exit should be written into law, says Lithuania
Lithuania is calling for the European Union to legislate its commitment to cease dependence on Russian gas by 2027, with the proposal set for discussion among EU energy ministers next week.
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.
PetroVietnam Gas seeks to buy 2 LNG cargoes, the first to be delivered in April
PetroVietnam Gas is seeking to buy two LNG cargoes, with the first to be delivered April 1-20.
The U.S. remained the largest liquefied natural gas supplier to Europe in 2023
The U.S. was again the largest supplier of LNG to Europe in 2023, accounting for nearly half of total LNG imports, according to data from CEDIGAZ.
Endesa's CEO upbeat about $585-MM Nigerian LNG contract arbitration
Endesa CEO Jose Bogas said he was optimistic about the outcome of a $585-MM arbitration case related to a price review of a long-term LNG supply contract in Nigeria.
bp asks U.S. regulators to reject Venture Global's permit extension request
bp urged U.S. regulators to refuse Venture Global LNG's request for an extension of time to build its Calcasieu Pass export plant.
Woodside Energy inks long-term LNG supply deal with South Korea
Woodside Energy has inked an agreement with South Korean state-owned natural gas firm Korea Gas Corp to supply LNG for more than a decade.
Global LNG demand seen rising in 2024 from China, Europe
Global LNG demand will grow in 2024 with top buyer China back in the market and consumption in Europe rising.
Qatar's new LNG expansion plans to squeeze out U.S., other rivals
Qatar's planned expansion of LNG production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the U.S. where President Biden paused new export approvals, market experts say.
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.
U.S. takes lead as top supplier to Europe for crude, diesel and LNG
The United States has taken the top spot as Europe's supplier of crude oil, diesel, and LNG in recent months, capitalizing on reduced imports from east of Suez caused by shipping disruptions in the Red Sea.
Vitol and EOG Resources enter into long-term gas supply agreement indexed to Brent pricing
Vitol has announced the execution of a natural gas sale and purchase agreement (SPA) with EOG Resources.
Australia's Woodside to sell stake in Scarborough to Japan's JERA for $1.4 B
Woodside Energy is selling a 15.1% stake in its Scarborough project to Japan's JERA for about $1.4 B, marking the Australian gas producer's second stake sale to a Japanese LNG buyer in six months.
Global LNG—Asia spot prices hit near 3-yr lows as weak demand weighs
Asian spot LNG fell to a fresh low this week, easing to its lowest levels in nearly three years, as weak demand in Asia and Europe weighed on prices.
QatarEnergy names the first carrier of its LNG expansion’s fleet the Rex Tillerson
QatarEnergy has named the first LNG carrier to be delivered as part of its new LNG fleet expansion program the “Rex Tillerson” in recognition of the former Chairman and Chief Executive Officer of Exxon Mobil Corporation (ExxonMobil), who also served as the 69th U.S. Secretary of State.
bp's Tangguh LNG Train 3 resumes operations after week-long outage
The third train of bp's Tangguh liquefied natural gas (LNG) facility in West Papua, Indonesia has resumed operations after an outage of about a week.
Gasum procures SEFE LNG cargo to the Inkoo FSRU terminal
Nordic energy company Gasum has delivered a cargo of liquefied natural gas (LNG) to the Inkoo floating storage regasification unit (FSRU). At the FSRU, the LNG is regasified and fed into the Finnish gas pipeline grid.
Venture Global, Grain LNG sign new deal further strengthening the security of natural gas supply to the UK
Grain LNG and Venture Global have announced the execution of a binding long-term terminal use agreement (TUA) enabling the regasification and sale of LNG from all of Venture Global’s terminals in Louisiana, including CP2 LNG.
IEEFA: Three reasons the U.S. LNG pause does not threaten South Korea’s energy security and transition
Since the U.S. Biden Administration announced the temporary pause on new liquefied natural gas (LNG) export approvals early this year, many Asian countries have expressed concerns about the potential disruption in energy security and decarbonization goals.
Equitrans delays WV-VA Mountain Valley natgas pipe again, boosts cost
U.S. energy firm Equitrans Midstream delayed the completion date for its Mountain Valley natural gas pipeline from West Virginia to Virginia to the second quarter of 2024 from the previous estimate of the first quarter.
China's CNOOC receives approval for second LNG berth at Yancheng port
Chinese state-owned CNOOC has received government approval to build a second berth at its LNG receiving terminal in Yancheng in eastern Jiangsu province, according to a statement from the Shanghai Petroleum and Natural Gas Exchange.
El Niño pushes real U.S. gas prices to multi-decade low
Inflation-adjusted U.S. gas prices have fallen to the lowest level for over 30 years as a mild winter and continued production growth leave the market carrying a growing surplus of inventories.
- Woodfibre LNG receives BCEAO order to move floatel to site to house non-local workforce
- QatarEnergy, Exxon seek to remove contractor from Texas gas project
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Congo Brazzaville becomes an LNG exporting country
- Fulcrum LNG to pair with McDermott, Baker Hughes for Guyana gas project
- EU approves law to hit gas imports with methane emissions limit
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Hawai'i Gas selects Eurus Energy America, Bana Pacific for hydrogen and renewable natural gas projects
- TotalEnergies increases LNG deliveries to Asia with two new contracts
- Desert Mountain Energy Corp. initiates helium production
