LNG

Karpowership and Petrobras forge strategic alliance to enhance integrated natural gas projects in the Americas

Karpowership and Petrobras have signed a Memorandum of Intent to combine their respective expertise in the natural gas and power sectors to guarantee supply and meet the demand of the energy industry across the Americas.

API announces strategic partnership with the Brazilian Petroleum and Gas Institute

The American Petroleum Institute (API) has signed a memorandum of understanding (MOU) with the Brazilian Petroleum and Gas Institute (Instituto Brasileiro de Petróleo e Gás — IBP). This agreement formalizes an important alliance aimed at strengthening collaboration and technical exchanges between both organizations and our members.

Williams expects to win Energy Transfer dispute on Louisiana natgas pipe

U.S. energy firm Williams Co. said on Tuesday it still expects to overcome a pipeline dispute with rival Energy Transfer and complete its Louisiana Energy Gateway natural gas project in the second half of 2025.

Pakistan giant Engro looks to go global

Pakistan's largest conglomerate, Engro Corp., is looking to expand into new markets, including the Middle East, Central Asia and Africa, the chemicals-to-energy company's largest investor said on Tuesday.

Australia backs long-term gas drilling despite 2050 climate goals

Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committed to net-zero carbon emissions by 2050, highlighting demand from key Asian trade partners.

EU eyes Russia LNG transhipment ban, tighter control of sanction busting

The European Union is looking to enact harsher sanctions against Russia, including holding LNG owners more accountable for receiving Russian natural gas shipments.

U.S. natgas flows to Freeport LNG in Texas rise to 2-mos high

The amount of natural gas flowing to Freeport LNG’s export plant in Texas rose to a two-mos high on Sunday in what energy traders said was another sign that the plant was wrapping up a series of outages over the past month or so.

Sinopec in talks with Pembina for LNG offtake of Cedar LNG project

China's Sinopec is in discussions with Pembina Pipeline Corp for a LNG offtake agreement and equity stake in the $4-B, 3-MMtpy Cedar LNG project in British Columbia, Canada.

Squamish Council rejects Woodfibre LNG's "floatel" amid safety/environmental concerns

The District of Squamish council voted to reject a 1-yr temporary use permit for Woodfibre LNG's use of a renovated cruise ship to house more than 600 workers.

Plug expands cryogenic sales with multiple customer agreements

Plug Power Inc., a global leader in comprehensive hydrogen (H2) solutions for the green H2 economy, has been awarded contracts to supply cryogenic equipment to a multinational industrial gas company and a statewide electric utility company.

U.S. stands to lose Canadian natural gas when LNG Canada terminal starts up

The startup of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high.

Japan aims for zero-carbon electricity generation

Over the last several years, the Japanese government has announced energy policies aimed to achieve carbon neutrality by 2050 by lowering emissions in the electric power, industrial, and transportation sectors.

ExxonMobil "optimistic and pushing forward" with Mozambique LNG project

ExxonMobil is "optimistic and pushing forward" with its delayed Rovuma liquefied natural gas (LNG) project in Mozambique and expects a final investment decision (FID) at the end of next year.

U.S. natgas prices jump 5% on higher demand forecast, lower output

U.S. natural gas futures jumped about 5% on Thursday on a continued drop in output and more demand next week than previously expected is forecasted due to an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants.

Technip Energies reveals 1Q 2024 financial results

LNG

Technip Energies, a leading engineering and technology company for the energy transition, has released its unaudited financial results for 1Q 2024.

HPLNG delays commissioning of Chhara LNG import terminal in India

HPLNG delays commissioning of Chhara LNG import terminal in Gujarat, India.

U.S. LNG exports fall in April for fourth straight month

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 MM metric t in April from 7.61 MM metric t in March on production outages, preliminary data from financial firm LSEG showed.

IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty

Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA).

U.S. natgas flows rise to 3-week high as Texas Freeport pulls in more fuel

The amount of natural gas flowing to the seven U.S. LNG export plants was on track to rise by about 5% to a three-week high as Freeport LNG in Texas started to pull in more feedgas.

Turkey in talks with ExxonMobil over multibillion-dollar LNG deal

Turkey is in talks with U.S. energy giant ExxonMobil over a multi-billion-dollar deal to buy LNG, in an effort to curb its dependence on Russian energy.

bp signs long-term LNG agreement with Korea Gas Corp

bp has entered into a long term LNG sale and purchase agreement with South Korea's state run Korea Gas Corp.

Top Tellurian executives poised for big payday if LNG plant goes ahead

Top executives of U.S. LNG developer Tellurian Inc could earn tens of millions of dollars if its proposed Driftwood LNG plant gets a green light, or if company is sold.

As demand for U.S. LNG booms, one plant struggles to stay online

The second-largest U.S. LNG export facility has been running below 80% of its capacity due to technical problems, data from financial firm LSEG showed, denting U.S. exports.

Equinor's Hammerfest LNG plant outage extended

The planned restart of Equinor's Hammerfest LNG plant, which was evacuated and shut earlier this week due to a gas leak, has been postponed until Saturday, transparency data showed.

U.S. natgas drops on lower feedgas to Freeport LNG, storage surplus

U.S. natural gas futures slipped ahead of the expiration of the May contract, weighed down by a drop in feedgas to Freeport LNG's Texas export terminal and a huge surplus of gas in storage.

TotalEnergies chief calls potential EU sanctions on Russian LNG a financial boon

Sanctions on Russian gas from the Yamal LNG project would cause prices to spike and profit global gas sellers including TotalEnergies, chief executive Patrick Pouyanne said, in response to an analyst question about the impact of potential EU sanctions.

Asia spot LNG prices fall for first time in over two months

Asian spot LNG prices dropped slightly for the first time in more than two months this week over expectations of weak demand, amid easing concerns around supply due to tensions in the Middle East.

European Commission expected to propose new sanctions on Russian LNG

The European Commission's next sanctions package is expected to propose restrictions on Russian LNG for the first time, including a ban on trans-shipments in the EU and measures on three Russian LNG projects.

Equinor to expand LNG trading, eyes deals in Europe, Asia, senior exec says

Norwegian energy group Equinor plans to expand its LNG trading business and is in talks with a number of potential buyers in Europe and Southeast Asia.

First tanker in 12 days sets sail from Freeport LNG in Texas (U.S.)

The first tanker in 12 days set sail from Freeport LNG's Texas export terminal, signaling the resumption of gas processing after an outage this month.