LNG

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,.

Enbridge wins approval to commence service on Louisiana (U.S.) Venice natgas pipe project

Canadian energy company Enbridge’s Texas Eastern Transmission subsidiary received approval from U.S. energy regulators to commence service of a natural gas pipeline associated with its Venice extension project in Louisiana.

Pembina Pipeline enters LNG offtake agreement with ARC Resources

Pembina Pipeline said it has entered into an agreement with Canadian firm ARC Resources, which will deliver about 200 MMcf per day of natural gas for liquefication to the Cedar LNG project.

Japan's Mitsui OSK starts FSRU operations for Indonesian gas-fired power plant

Japan's Mitsui O.S.K. Lines Ltd. has started commercial operations of its FSRU to supply LNG to a power plant in West Java, Indonesia.

Baker Hughes to supply electric-driven liquefaction technology for Cedar LNG project

Baker Hughes, an energy technology company, announced it was awarded an order from Black & Veatch, a global engineering, construction and consulting leader, to supply Cedar LNG in Canada with electric driven liquefaction technologies.

VTTI to control Italy's biggest LNG terminal, Snam to get 30%

Energy storage group VTTI will get a 70% stake in Italy's biggest LNG terminal, with grid operator Snam owning the rest, the Milan-listed group said late on Wednesday, announcing a deal to be finalized by year-end.

Russia's Novatek may scale back Arctic LNG 2, focus on Murmansk

Russia's Novatek is being forced to scale back its huge Arctic LNG 2 project after Western sanctions curbed its access to ice-class tankers and will focus instead on developing its project at the ice-free port of Murmansk.

U.S. natural gas demand for LNG falls as Cheniere reduces output

There was a significant decline in the amount of U.S. natural gas being liquefied for export with a drop in demand from Cheniere Energy's Corpus Christi plant in Texas and its Sabine Pass operation in Louisiana.

Russia's Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers

Novatek, Russia's largest producer of LNG, has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers.

Japan's Mitsubishi invests in EIG's LNG company MidOcean Energy

Japanese trading house Mitsubishi has agreed to invest in MidOcean Energy, an LNG company owned by U.S. investment firm EIG, MidOcean said without giving details of the deal.

U.S. March LNG exports flat as Freeport plant woes continue

U.S. exports of LNG fell slightly in March to 7.61 MMt from 7.73 MMt in February as production of the superchilled gas from the country's second largest exporter remained constrained, preliminary data from financial firm LSEG showed.

China power firm GCL revives LNG ambition after solar spin-off

Privately-run Chinese power company GCL Holdings is rebuilding a natural gas business after offloading hundreds of solar installations to set up gas import capacity and a trading operation.

QatarEnergy to charter 19 new LNG vessels expanding fleet further

QatarEnergy CEO Saad Al Kaabi announced that the company has finalized a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels ahead of a massive expansion in LNG output.

Argentina builds case for exporting natural gas to Brazil through Bolivia

Energy companies from Argentina and Brazil have begun talks on reversing the southerly flow of a Bolivian natural gas pipeline network that connects the three countries as a regional gas deficit could force Brazil to pay up for alternative supplies of the fuel.

Credit Agricole says it will not fund two major LNG projects

Credit Agricole said that it would not provide financing to two major LNG projects, citing commitments to refrain from new fossil fuel developments.

Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks

Japan's biggest power generator JERA said it has suspended production at four of its gas-fired power stations and curtailed output at another plant from to secure sufficient LNG inventory.

Challenges in LNG delivery amidst Russia's energy market stability

Deputy Prime Minister Alexander Novak addresses challenges in LNG delivery, particularly concerning the Arctic LNG 2 project, amidst Russia's stable energy market despite drone attacks and sanctions.

Western Australia’s domestic gas market in flux as traditional supply sources mature

With gas demand slowly outstripping supply, Western Australia’s once well-supplied domestic gas market is now tight, and further volatility is expected until new volumes come online later in the decade, according to a new report from Wood Mackenzie.

Asia spot LNG maintains six-week high amid emerging demand

Asian spot LNG prices were little moved this week, holding on to a six-week high amid emerging spot demand in both southeast Asia and Europe.

Japan's February LNG imports fall 5.9% on storage withdrawals

Japan's imports of LNG dropped 5.9% in February from a year earlier, data released by the Ministry of Finance showed, as power producers drew LNG from storage and boosted use of renewable energy.

U.S. natural gas prices climb 2% to 1-week high on higher demand forecasts

U.S. natural gas futures rose about 2% to a one-week high on forecasts for higher demand over the next two weeks than previously expected.