LNG

TotalEnergies launches the Marsa LNG project and deploys it's multi-energy strategy in the Sultanate of Oman

During a visit in Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies met with His Majesty Sultan Haitham bin Tariq Al Saidand His Excellency Eng. Salim bin Nasser Al Aufi, Minister of Energy & Minerals, to reaffirm the long-term partnership between TotalEnergies and the Sultanate of Oman.

TotalEnergies signs an agreement to acquire the remaining 50% of SapuraOMV

TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd to acquire its 50% interest in Malaysian independent gas producer and SapuraOMV for a consideration of $530 MM, subject to closing adjustments.

Oman LNG forges strategic partnership with BOTAS for LNG supply to Turkey

Oman LNG solidifies its global energy presence by entering into a strategic partnership with BOTAS, aimed at supplying LNG to Turkey and fostering international collaboration in the energy sector.

PetroChina lifts first spot LNG cargo from PNG national oil firm

PetroChina International has lifted a spot cargo of LNG from the PNG LNG project sold by Papua New Guinea's national oil company.

U.S. natgas prices up 2% to one-week high on colder forecasts, drop in output

U.S. natural gas futures climbed about 2% to a one-week high on forecasts for cooler weather and more demand next week than previously expected a continued drop in output and rising gas flows to LNG export plants, including Freeport LNG.

Asia spot LNG at fresh three-month high on supply concerns

Asian spot LNG prices rose this week to a new three-month high due to supply concerns amid tensions in the Middle East and a drop in feedgas deliveries to two LNG terminals in the U.S.

U.S. natgas flows rise to Texas Freeport and other LNG export plants

The amount of natural gas flowing to the seven U.S. LNG export plants, including Freeport LNG, was on track to jump by around 17% from a 15-month low.

U.S. natgas prices up 3% ahead of storage report as LNG feedgas rises

U.S. natural gas futures climbed about 3% on forecasts for cooler weather and more demand next week than previously expected and with an increase in the amount of gas flowing to LNG export plants, including Freeport LNG.

U.S. natural gas trade will continue to grow with the startup of new LNG export projects

In the U.S. EIA's recently released Short-Term Energy Outlook, it was forecast that U.S. LNG exports will continue to lead growth in U.S. natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.

Detect operator-induced faults on a liquid expander

4/16/2024

This case study examines a fault during the startup of liquid expanders in an LNG facility.

Global Projects Data

4/16/2024

A quick look at total project numbers by region.

VNG plans investments in green gases, turned to profits in 2023

VNG, an east German gas subsidiary of power utility EnBW, said it will invest up to $5.31 B by 2035, mostly in green gases.

Trafigura to commercially deploy Daphne technology's PureMetrics on LNG carrier

Daphne Technology reached a significant milestone as Trafigura, a global commodities industry leader, selected them for the first commercial deployment of PureMetrics, slated for the summer of 2024.

Innovations - April

4/15/2024

These are the latest innovations in the gas processing, natural gas pipelines and LNG industries.

Freeport LNG gas consumption running near zero for fifth day

Freeport LNG's liquefaction plant remains mostly offline for a fifth straight day, with gas utilization rates at 125 MMcfd, or 5% of its fully operational use.

Russia's Gazprom ships second LNG cargo from Portovaya to Spain

Russia's Gazprom shipped a second cargo of LNG from its small-scale Portovaya LNG plant on the Baltic Sea to Spain.

The U.S. exported a record volume of natural gas in 2023

The U.S. exported 10% more natural gas in 2023 than in 2022, a record of 20.9 Bcfd, according to the U.S. EIA's Natural Gas Monthly. U.S. LNG exports accounted for more than half of all U.S. natural gas exports, and natural gas exports by pipeline to Canada and Mexico accounted for the remainder.

Asia spot LNG at 3-month peak on steady demand, supply disruption

Asian spot LNG prices edged up, reaching the highest levels in three months, as they remained supported by steady demand and supply disruption concerns.

EU Parliament approves legal option to block Russian LNG imports

The European Parliament voted to pass rules allowing European governments to ban Russian LNG imports, by preventing Russian firms from booking gas infrastructure capacity.

U.S. natgas prices fall 5% on big storage build, low feedgas to Freeport LNG

U.S. natural gas futures dropped about 5% on a bigger-than-expected storage build and forecasts for lower demand over the next two weeks than previously expected due to a drop in feedgas to the Freeport LNG export plant in Texas.

Galveston LNG Bunker Port advances with construction permit application

Galveston LNG Bunker Port, LLC, formed as a partnership between Pilot LNG and Seapath Group, has taken a significant step forward in its plans to establish the GLBP small-scale natural gas liquefaction facility on Shoal Point in Texas City, Texas.

APA curtailed natural gas production in Q1 amid weak prices

U.S. oil and gas producer APA Corp said that it had curtailed natural gas production in the first quarter due to weak prices.

Germany's Mukran LNG terminal receives operating permit

Germany's Baltic Sea import terminal for LNG at Mukran on Ruegen island has received its operating permit under federal and state laws.

U.S. natgas flows to Texas Freeport LNG export plant rises

The amount of natural gas flowing to Freeport LNG's LNG export plant in Texas was on track to rise for a second day in a row, according to data from financial firm LSEG.

TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision

French oil and gas giant TotalEnergies said a planned new LNG project in Papua New Guinea would require 'more work' before a final investment decision could be reached.

Hapag-Lloyd receives largest LBM bunkering from STX Group and Titan Clean Fuels

STX Group and Titan Clean Fuels announced having successfully concluded a ship-to-ship bunkering of 2,200 metric tons of LBM to a Hapag-Lloyd container vessel in the port of Rotterdam.

bp in talks to sell some Trinidad upstream gas assets to Perenco

bp is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco.

Shell sees significantly lower Q1 LNG trading results

Shell said it expects significantly lower results from its LNG trading business in the first quarter of 2024 compared with the previous three months.

Asia spot LNG holds at 6-week top amid sustained demand

Asian spot LNG was unchanged this week, keeping at a six-week high over $9 per MMBtu for a third consecutive week, as demand from buyers continued shoring up prices.

Shell, Aramco in final stage of Pavilion Energy talks

Shell and Saudi Aramco, which are competing to buy the assets of Temasek-owned LNG trading firm Pavilion Energy, are now locked in price negotiations after completing the due diligence process,.