LNG
bp, ADNOC offer to buy 50% of Israel's NewMed Energy
bp and Abu Dhabi's state oil giant offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2-B.
SocGen confirms it pulled out of Texas LNG project
French bank Société Générale has pulled out of the U.S. energy company NextDecade's Rio Grande Liquefied Natural Gas (LNG) project in Texas last year.
EU countries seek legal option to stop Russian LNG imports
European Union countries agreed on Tuesday to seek a legal option to stop Russian companies sending liquefied natural gas to EU nations, by preventing Russian firms from booking infrastructure capacity.
Australia's gas sector says more supply is the answer
The Australian natural gas sector believes it has the solution to warnings of a shortfall in domestic supplies in coming years: produce more.
Baker Hughes to supply liquefaction trains for Sempra Infrastructure’s Port Arthur LNG Phase 1 Project
Baker Hughes announced it has been awarded an order by Bechtel to supply two Main Refrigerant Compressors (MRCs) for Sempra Infrastructure’s Port Arthur LNG Phase 1 project in Jefferson County, Texas.
Spain asks gas importers to wean themselves off Russian LNG
The Spanish government has asked liquefied natural gas (LNG) buyers to refrain from signing new contracts for Russian gas once existing contracts have expired.
Asia spot prices of LNG slip as weak northern demand remains
Asian spot prices of LNG declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continues to pressure prices down.
India's coal + renewables mix makes for messy energy transition
India has emerged as a renewable energy star after boosting solar capacity by a whopping 28% in 2022, rivalling China's growth rate and outpacing European heavyweights which deployed record funding on energy transition efforts last year.
French power sector battered again by ongoing strikes
Industrial action disrupting French refineries, liquefied natural gas (LNG) terminals, power supply and reactor maintenance stretched into a 16th day as protests against the government's forced pension plan reform continue.
Freeport LNG cancels some March cargoes on restart hiccups
The second biggest U.S. liquefied natural gas (LNG) export plant, Freeport, has cancelled up to four shipments of LNG, due to restart snags after an eight-month-long outage.
French strikes continue to block refinery shipments and LNG terminals
Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced flow.
TotalEnergies' bet on gas means no big emissions cut by 2030
French oil major TotalEnergies forecasts its overall greenhouse gas emissions will not see a big reduction by 2030 given it wants to grow its gas business.
Angola LNG operating at reduced rates, tenders withdrawn
Angola's only liquefied natural gas (LNG) project, Angola LNG, has recently cancelled tenders due to production issues at its plant.
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.
Repsol scraps plans for east coast Canada LNG terminal
Repsol has decided against developing a liquefied natural gas terminal on Canada's east coast because it would cost too much to ship the gas to the terminal.
PCS Software improves shipment routing and service for Sapphire Gas Solutions
PCS Software, the leading all-in-one, artificial intelligence transportation management platform for shippers, carriers, and brokers, announced that Sapphire Gas Solutions has gone live with PCS’s Shipper Transportation Management System Platform.
LNG activities resume at Dunkirk terminal in France
Disruption at Fluxys's LNG terminal in Dunkirk, northern France, ended on Friday morning.
Asian spot prices stay flat at 20-month low and held by buying interest
Asian spot prices of LNG stayed flat this week, breaking a losing streak of declines since mid-December, as buying interest kept prices from sliding further.
Canada's B.C. province sets high emissions bar for new LNG projects
British Columbia's decision this week to toughen emissions standards for new LNG projects creates one of the most robust climate plans in North America.
China LNG buyers return to spot market, but coal to keep demand capped
Chinese liquefied natural gas LNG buyers have resumed spot purchases, drawn by easing prices and recovering domestic demand, potentially increasing competition with Europe for supplies.
Australia's LNG exports may have to be diverted to fend off winter gas shortage
Australia's east coast liquefied natural gas (LNG) exporters may need to divert excess gas supply for domestic customers to stave off any potential supply shortages this winter in the country's south
Shell reports good progress on journey to net-zero emissions
Shell plc has published its Energy Transition Progress Report 2022, which shows it has again met its climate targets as part of its energy transition strategy.
Matson takes up option for ME-GI retrofit
Matson Navigation Company has confirmed that it will convert the main engine aboard its container ship, ‘Kaimana Hila’, from an MAN B&W S90ME-C10.5 unit to a dual-fuel ME-GI unit capable of running on LNG.
TotalEnergies launches integrated engineering studies
TotalEnergies, operator of the project, announces the launch of the fully integrated Front-End Engineering and Design for the Papua LNG project.
Cedar LNG receives B.C. environmental approval and signs memorandum of understanding with ARC Resources Ltd.
The Haisla Nation and Pembina Pipeline Corporation are pleased to announce that Cedar LNG today has received its Environmental Assessment Certificate from the B.C. Environmental Assessment Office and has signed a Memorandum of Understanding with ARC Resources Ltd. for a long-term liquefaction services agreement.
Venture Global LNG proceeds phase 2 of Plaquemines, LA export plant
U.S. liquefied natural gas (LNG) company Venture Global LNG said on Monday that it will go forward with the second phase of its Plaquemines LNG export plant in Louisiana after securing $7.8 billion of financing.
Wave of new LNG export plants threatens to knock gas prices
A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock gas prices and hurt some proposed projects, analysts say.
Petronas cooperates with Tiger Gas in LNG bunkering business
Petronas, through Petronas Marine brand, has inaugurated the LNG bunkering business with long-term partner Tiger Gas. This follows the completion of its maiden ship-to-ship LNG bunkering operation of approximately 500 tons of LNG for the latter’s Tiger Maanshan.
KN to advise Italian Piombino LNG terminal builders
The operator of oil and liquefied natural gas (LNG) terminals KN (AB Klaipėdos nafta) is successfully expanding its activities in the rapidly growing international market of LNG import terminals. The Italian energy company Snam FSRU Italia has chosen KN to cooperate in the implementation of the greenfield FSRU-based LNG terminal project in the port of Piombino.
GAZ-SYSTEM launches non-binding market screening procedure to identify demand for additional regasification capacity of FSRU terminal
GAZ-SYSTEM launches a non-binding market screening procedure to identify the demand for additional regasification capacity of the FSRU Terminal. The new FSRU Terminal project envisages the construction of a floating storage regasification unit (FSRU) in the Gulf of Gdańsk area.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
