LNG
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.
U.S. LNG output dips in June on shorter month, plant maintenance
U.S exports of liquefied natural gas (LNG) fell slightly in June to 7.11 metric MMt from 7.60 metric MMt in May, as several plants embarked on maintenance activity.
Australian regulator warns east coast to face gas shortage by 2027
Australia's east coast could face gas shortages from 2027, a year earlier than initially forecast, the country's competition regulator said on Friday, as it called for an urgent need to develop new sources of production and supply.
ADNOC's Ruwais LNG to earmark 40% stake to Shell, Total, bp, Mitsui
Abu Dhabi National Oil Co. (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors: Shell, TotalEnergies, bp and Japan's Mitsui.
Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana (U.S.)
U.S. LNG company Venture Global LNG sought permission from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.
Bangladesh's Summit LNG expected to resume operations in mid-July
The floating storage and regasification unit of Bangladesh's Summit LNG should resume operations in mid-July after it was damaged during a cyclone.
New Fortress Energy to sell Miami (U.S.) liquefaction and storage facility
New Fortress Energy announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.
Vitol invests in future of LNG bunkering by securing three LNG bunkering vessels
Vitol has secured three LNG bunkering vessels. The vessels were secured via a 7 yr-10 yr time charter agreement with Avenir LNG Limited and CIMC Sinopacific Offshore & Engineering Co. Ltd shipyard in Nantong, China.
Tellurian closes $260-MM asset sell to help advance Driftwood LNG project
Tellurian Inc. announced that it has closed the previously reported sale of its integrated upstream assets for $260 MM to affiliates of Aethon Energy Management LLC, substantially strengthening its balance sheet as it advances the Driftwood LNG project.
US judge halts Biden administration's pause on LNG permits
A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).
Europe gas prices tread water in lackluster market
Dutch and British wholesale gas prices were little changed on Tuesday amid tepid demand, stable supply of pipeline and liquefied natural gas (LNG) and plentiful storage levels.
Wood awarded concept study for Greater Sunrise LNG development
Wood will deliver a comprehensive concept study, considering engineering, technology, financing, commercial structures, fiscal, environmental, health & safety and socioeconomic drivers including local content.
US natgas prices ease to 6-week low on rising output, lower LNG feedgas
U.S. natural gas futures eased about 1% to a six-week low on rising output, forecasts for less demand over the next two weeks than previously expected due to lower liquefied natural gas (LNG) feedgas and an ongoing oversupply of gas in storage.
U.S. judge halts Biden administration's pause on LNG permits
A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).
China completes its largest LNG storage base
A subsidiary of China National Offshore Oil Corporation (CNOOC) has completed the construction of China's largest liquefied natural gas (LNG) storage base, a move that aims to ensure energy security and support green growth in the Yangtze River economic belt.
Construction of Germany's first land-based LNG terminal begins
The construction of Germany's first land-based liquefied national gas (LNG) terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027.
FERC approves Venture Global's 20-MMtpy CP2 LNG project in Louisiana (U.S.)
The U.S. Federal Energy Regulatory Commission approved Venture Global's CP2 LNG export terminal project in Cameron Parish, Louisiana (U.S.).
Baker Hughes awarded multi-year contract by Woodside Energy to support Australian LNG operations
Baker Hughes announced it has entered into a new 10-yr services frame agreement with Woodside Energy to support its LNG operations in Australia.
Kimmeridge Texas Gas closes follow-on control investment in Commonwealth LNG
Kimmeridge Texas Gas has announced the closing of a follow-on control investment in Commonwealth LNG. The funding will support a 9.5-MMtpy liquefied natural gas (LNG) export facility in Cameron, Louisiana, through anticipated final investment decision (FID) in 1H 2025, and will raise Kimmeridge’s equity ownership in Commonwealth to > 90%.
Cedar LNG announces positive FID on 3.3-MMtpy FLNG project
Cedar LNG announced a positive final investment decision on the 3.3-MMtpy FLNG facility in the traditional territory of the Haisla Nation on Canada’s West Coast.
Worley to provide FEED services to help Australia Pacific LNG extract gas from the Angry Jungle gas field
Worley has been awarded the front end engineering and design (FEED) on a new natural gas compression facility in Queensland, Australia, by Origin, as Upstream Operator of Australia Pacific LNG (APLNG).
Venture Global launches first vessel from state-of-the-art LNG fleet
Venture Global announced the successful launch of its first LNG vessel, the Venture Gator at a ceremony which took place at the Samsung Heavy Industries shipyard in Geoji-si, South Korea.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
Aramco and Sempra announce Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2
Aramco and Sempra announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-yr sale and purchase agreement (SPA) for LNG offtake of 5 MMtpy from the Port Arthur LNG Phase 2 expansion project.
Argent LNG signs lease for 20-MMtpy Port Fouchon LNG export terminal
Argent LNG announced the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon, Louisiana (U.S.) for its 20-MMtpy LNG export terminal.
Rising U.S. labor costs threaten to derail new LNG projects
A shortage of skilled labor and nagging inflation from strong wage growth on the U.S. Gulf Coast are pressuring liquefied natural gas (LNG) developers and delaying some projects from reaching a financial go-ahead.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
