LNG

Woodside gets environmental go-ahead for Scarborough project, green group backs down

Woodside's $12.5-B Scarborough gas project in Western Australia has all primary environmental approvals in place after a green group agreed to dismiss its challenge in a federal court.

NFE's Altamira LNG sends first LNG cargo from Mexico

New Fortress Energy shipped an initial cargo this month from its Altamira FLNG production vessel in Mexico.

India's Swan Energy to sell stake in LNG terminal for $399 MM

Indian oil & gas firm Swan Energy plans to sell a stake in one of its LNG terminals to Turkish state energy company BOTAS in a deal worth $399 MM.

bp tells regulators Venture Global does not need more time to start production

Oil and gas producer bp told federal regulators on Wednesday that it has reviewed confidential commissioning documents and does not believe Venture Global LNG needs more time to begin commercial production.

NextDecade to appeal court's overturning of Rio Grande LNG project authorization

U.S. liquefied natural gas (LNG) developer NextDecade will appeal a court ruling that overturned federal approval for its $18-B Rio Grande LNG project and warned loss of its permits could prevent access to its loans.

Karpowership makes $1-B LNG-to-power investment in South African Power Pool

Karpowership, a major international energy company, has announced its plans to invest a transformative $1 B of LNG-to-power infrastructure that will be based in Mozambique and made available to the entire South African Power Pool (SAPP).

Column: Europe's gas surplus has mostly been eliminated

Europe's record gas surplus inherited from the winter of 2023/24 has been largely eliminated following an unusually small accumulation of inventories so far in the summer of 2024.

Russian court orders $1.2 B of Linde UK assets be frozen

A Russian court has ordered that assets worth around $1.15 B of a British subsidiary of German industrial gases company Linde be frozen in a dispute over a gas processing plant.

China’s natural gas consumption, production and imports all increased in 2023

In 2023, 7%, or 2.6 billion cubic feet per day (Bcfd), more natural gas was consumed in China than in 2022, after a decline of 1.1% in 2022 when economic growth was slower, mainly due to China’s zero-COVID policies, leading to a reduction in natural gas consumption.

VTTI completes acquisition of 50% of Dragon LNG

VTTI, an industry leader in energy infrastructure, has completed the acquisition of 50% of Dragon LNG Group Ltd. (Dragon LNG). The other 50% of the terminal is owned by Shell.

Gasum powers Equinor's platform supply vessel with bio-LNG

Gasum is collaborating with Equinor on a series of liquefied biomethane (bio-LNG) bunkering operations in the Port of Dusavik, Stavanger.

Woodside's bid for LNG developer Tellurian unlikely to be rivaled

Woodside Energy, which agreed last month to buy Tellurian, the developer of a fully-permitted U.S. liquefied natural gas (LNG) project, for $1.2 B including debt is unlikely to face a rival bid.

Asia spot LNG prices remain at 7-month high amid Russian supply concerns

Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months, tracking European gains amid concerns over supply disruption.

GFI LNG, Pilot LNG form JV to develop Salina Cruz LNG project in Mexico

The Salina Cruz LNG JV will develop, construct and operate an LNG bunkering and transshipment terminal in Salinas del Márquez, Salina Cruz, Oaxaca, Mexico. Strategically located on the Pacific side of the Panama Canal, the project is ideally positioned to supply North and Central American bunker and fuel markets.

Osaka Gas aims to keep annual LNG handling volume at 11.5 MMt

Japanese city gas provider Osaka Gas aims to maintain annual handling volume of liquefied natural gas (LNG) at 11.5 metric MMt in the fiscal 2030 year.

Cheniere Energy misses core profit estimates on lower LNG margins

Cheniere Energy missed 2Q core profit estimates on Thursday, as weaker margins hurt the liquefied natural gas (LNG) producer.

Argent LNG has initial consultation with FERC, moves into pre-filing

Argent LNG is pursuing approval from FERC to begin the environmental pre-filing review for its mid-sized onshore LNG export project in Louisiana (U.S.).

U.S. court overturns FERC's authorization for NextDecade's Rio Grande project

A U.S. court has overturned the Federal Energy Regulatory Commission's (FERC) authorization for NextDecade's Rio Grande LNG project for not issuing a supplemental environmental impact statement

Japan's J-Power partners with Australia's carbon capture developers

Japanese utility Electric Power Development (J-Power) has signed a joint study agreement with two Australian carbon capture and storage developers, deepC Store and Azuli, for a strategic partnership.

ADNOC signs long-term HOA with Osaka Gas for Ruwais LNG Project

ADNOC announced the signing of a long-term Heads of Agreement with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to 800,000 tpy of LNG.

Venture Global LNG sues Kiewit, alleges it shared confidential documents with Shell

U.S. LNG company Venture Global LNG sued construction contractor Kiewit, alleging it passed confidential documents to Shell, including proprietary project development, design, configuration methods, and detailed information about the multi-billion-dollar facility's design and construction.

Cheniere strikes 20-yr LNG deal with Portugal's Galp Energia

Cheniere Energy has agreed to supply 500,000 metric tpy of liquefied natural gas (LNG) to a subsidiary of Galp Energia for 20 yr.

Freeport LNG nears end of expansion that will increase output

U.S. liquefied natural gas (LNG) developer Freeport LNG expects to increase production beyond its 15.3-metric MMtpy capacity as it wraps up an expansion project.

U.S. natgas prices rise 3% on rising LNG feedgas and near record heat

U.S. natural gas futures climbed about 3% on Friday as the amount of gas flowing to liquefied natural gas (LNG) export plants rises and on forecasts for near record-breaking heat over the next few days that was on track to boost the amount of gas power generators burn to an all-time high.

Asia spot LNG prices above 7-month high on hot weather, Middle East tensions

Asian spot liquefied natural gas (LNG) prices rose this week to their highest level in more than seven months as high temperatures in Japan and South Korea boosted power demand and amid heightened geopolitical risks due to tensions in the Middle East.

Vietnam's LNG price cap puts gas-fired power target at risk

Electricity-hungry Vietnam wants liquefied natural gas (LNG) to fire 15% of power capacity by 2030 but is unlikely to meet that target as power producers and foreign investors balk at the country's strategy for making the super-chilled fuel affordable.

U.S. LNG exports fall again in July on Freeport LNG's slow restart

U.S. LNG exports plunged in July to the second-lowest level of this year, LSEG ship tracking data showed, as Freeport LNG shut for eight days after suffering damage from Hurricane Beryl.

Crowley accepts delivery of largest U.S.-flagged LNG bunker barge

Crowley has accepted delivery of the LNG bunker barge Progress, the largest U.S. Jones Act-compliant vessel of its kind, after construction was completed at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin (U.S.).

Australia's Origin Energy reports APLNG revenue dip on lower prices, volumes

Shares of Origin Energy marked their biggest intraday loss in eight months on Wednesday after the firm posted a drop in quarterly revenue from its stake in the Australia Pacific LNG project, reflecting a fall in gas sales and prices.

Iberdrola faces up to $535-MM claim from Pavilion in LNG contract dispute

Spanish utility Iberdrola faces claims worth up to $535 MM in an arbitration process launched by Singaporean liquefied natural gas (LNG) company Pavilion Energy over a supply contract.