LNG
Venture Global LNG proceeds phase 2 of Plaquemines, LA export plant
U.S. liquefied natural gas (LNG) company Venture Global LNG said on Monday that it will go forward with the second phase of its Plaquemines LNG export plant in Louisiana after securing $7.8 billion of financing.
Wave of new LNG export plants threatens to knock gas prices
A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock gas prices and hurt some proposed projects, analysts say.
Petronas cooperates with Tiger Gas in LNG bunkering business
Petronas, through Petronas Marine brand, has inaugurated the LNG bunkering business with long-term partner Tiger Gas. This follows the completion of its maiden ship-to-ship LNG bunkering operation of approximately 500 tons of LNG for the latter’s Tiger Maanshan.
KN to advise Italian Piombino LNG terminal builders
The operator of oil and liquefied natural gas (LNG) terminals KN (AB Klaipėdos nafta) is successfully expanding its activities in the rapidly growing international market of LNG import terminals. The Italian energy company Snam FSRU Italia has chosen KN to cooperate in the implementation of the greenfield FSRU-based LNG terminal project in the port of Piombino.
GAZ-SYSTEM launches non-binding market screening procedure to identify demand for additional regasification capacity of FSRU terminal
GAZ-SYSTEM launches a non-binding market screening procedure to identify the demand for additional regasification capacity of the FSRU Terminal. The new FSRU Terminal project envisages the construction of a floating storage regasification unit (FSRU) in the Gulf of Gdańsk area.
NYK, FueLNG achieve first PCTC LNG bunkering in Singapore
Nippon Yusen Kabushiki Kaisha (NYK), a leading Japanese shipping company, and FueLNG, a joint venture between Keppel Offshore & Marine Ltd¹ and Shell Eastern Petroleum (Pte) Ltd., have completed the first bunkering to an LNG-fueled pure car and truck carrier (PCTC) vessel in Singapore.
Trinidad and Tobago hold deeper talks with Venezuela on Dragon gas project
Trinidad and Tobago held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.
Decarbonization using sour-to-sweet gas technology
8 Rivers' TarT technology is a low-cost solution for processing high-hydrogen sulfide (H2S) sour gas. The technology separates H2S and other sulfurous contaminants from sour natural gas, using CO2 as a natural solvent.
Russia to free up LNG exports, sees output rising to 100 MMtpy, PM says
Russia will be able to raise its liquefied natural gas (LNG) production to 100 million tonnes per year over the next seven years by expanding the list of gas fields permitted to export LNG.
Trinidad in substantive negotiations with Venezuela on gas project
Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.
Freeport LNG receives regulatory approval for restart of final liquefaction train
Freeport LNG Development L.P. (Freeport LNG) has received regulatory approvals from the Federal Energy Regulatory Commission (FERC) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) to restart Train 1, the final train of Freeport LNG's three train liquefaction facility to receive restart authorization.
CERAWEEK: Bahrain explores constructing LNG export facility
Bahrain aims to slash domestic natural gas consumption under a plan to decarbonize its economy and is exploring ways to export the fuel to international markets.
Argentina expected to send draft bill promoting LNG to Congress
Oil and gas producers in Argentina expect the government will send draft legislation for promoting liquefied natural gas (LNG) production to Congress in the coming weeks.
Italian court postpones decision over Tuscan LNG terminal to July
An Italian administrative court has postponed to July 5 a decision over a complaint against a new liquefied natural gas (LNG) terminal in the Tuscan port of Piombino.
LNG to lead U.S. natural gas exports
Exports of LNG will continue to drive growth in U.S. natural gas exports over the next two years, according to the U.S. EIA.
Chevron and JERA sign MoU to explore carbon capture and storage projects in U.S. and Australia
Chevron New Energies (Chevron), a division of Chevron U.S.A. Inc., and JERA Co. Inc. (JERA) have signed a Memorandum of Understanding (MoU) that provides a framework for their collaboration on carbon capture and storage (CCS) projects located in the U.S. and Australia.
Papua LNG project enters integrated FEED stage
Santos today announced the Papua LNG joint venture has launched fully-integrated front-end engineering and design (FEED) for the Papua LNG project in Papua New Guinea.
Natural gas essential to the energy transition says Australian PM
New gas projects will play a role in the energy transition, Australian Prime Minister Anthony Albanese said, as his administration seeks to pass a reform to an emissions reduction bill amid growing pressure to ban new fossil fuel projects.
Novatek needs to find more natural gas for LNG plans
Russian Deputy Prime Minister Alexander Novak said on Tuesday the country needed to identify the resource base for about a third of its planned annual production of 100 MMt of liquefied natural gas (LNG) per year.
Tellurian chairman's shares sold to cover loan
U.S. LNG developer Tellurian said over $25.3 MM worth of its shares belonging to Executive Chairman Charif Souki were transferred and sold over the last month to cover a loan, securities filings showed.
Asian spot LNG prices continue to decrease
Asian spot LNG prices continued their downtrend this week, hitting the lowest level since July 2021, due to tepid demand which is expected to last until the end of March.
Germany LNG import bill to eclipse $10 B
Germany said that new infrastructure for floating LNG terminals will exceed previously expected costs, forewarning taxpayers that there will be a price to pay for energy security.
U.S. nat gas futures rose 3% on more feedstocks flowing to LNG terminals and increased heating demand
U.S. natural gas futures rose about 3% to a five-week high on Friday, with the amount of gas flowing to U.S. LNG export plants set to hit a daily record high and on forecasts for colder weather and higher heating demand in two weeks than previously expected.
Graforce to introduce plasmalysis technology that converts LNG into hydrogen
Graforce to introduce methane electrolysis (plasmalysis), which converts LNG into hydrogen. This allows large gas users to switch to clean-burning hydrogen without changing their energy supplier or method of transporting.
Germany's natural gas imports bill more than doubled in 2022
Germany's natural gas import costs more than doubled in 2022 despite volumes being slashed by 30%.
Saipem to restart Mozambique LNG project for Total in July
Saipem has agreed to restart a LNG project in Mozambique for TotalEnergies in July, the chief executive of the Italian energy services group said.
Japan to emphasize natural gas/LNG and clean fuels at G7 summit
Japan plans to emphasize the importance of investments in natural gas, LNG and cleaner fuels at the G7 summit later this year.
Tellurian faces setback in $12.5-B Driftwood LNG project
Commodities trader Gunvor can walk away from a 10-year, $12 B commitment to buy LNG if Tellurian's Driftwood LNG project lacks a financial go-ahead, project financing and a full construction authorization by March 1.
Venture Global to provide LNG to Excelerate Energy from its Plaquemines LNG plant in Louisiana
Venture Global LNG said it would supply 700,000 tpy of LNG to Excelerate Energy for 20 years.
New Fortress Energy to complete first Fast LNG unit in Q2
New Fortress Energy plans on finishing building its first Fast LNG unit in May before moving the plant to offshore Altamira in Mexico in June and producing LNG there in July.
- 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
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
