LNG
New research reveals increasing strategic importance of maintenance in oil and gas industry operations
Jotun has published a new report, derived from a survey of over 1,000 senior professionals, showing that 88% of respondents anticipate an increase in maintenance budgets over the next five years and 75% say that the requirement to report on environmental performance has led to increased investment in maintenance.
Asia spot LNG prices ease from 8-month top on weaker demand
Asian spot liquefied natural gas (LNG) prices eased this week from a more than 8-mos top on the back of easing spot demand and as European gas prices also fell.
One train shut at Australia’s Ichthys LNG plant
One of the two trains at the Ichthys liquefied natural gas (LNG) plant in Darwin, Australia, has been shut since August 20.
Russia's Novatek postpones start of Arctic LNG 2 third line
Russian natural gas company Novatek has postponed the start of operations at the third line of the Arctic LNG 2 project to 2028 from 2026.
Tanker docks at Louisiana Plaquemines LNG plant for cooldown
A tanker full of liquefied natural gas (LNG) docked at Venture Global LNG's Plaquemines export plant in Louisiana (U.S.), in what energy analysts said was a sign the plant could start up in test mode soon.
Egypt plans to return oil, gas production to normal from 2025, PM says
Egypt plans to return oil and gas production to normal levels from 2025 with the help of international partners.
Vietnam's second LNG terminal seeks cargo to begin commissioning tests
Vietnam's Cai Mep liquefied natural gas (LNG) terminal is seeking a cargo to initiate commissioning tests, putting it on track to become the country's second terminal to bring in the fuel.
NextDecade withdraws carbon capture and storage application at FERC
NextDecade Corporation announced that its subsidiary Rio Grande LNG, LLC withdrew its application at the Federal Energy Regulatory Commission (FERC) for the proposed carbon capture and storage (CCS) project at the Rio Grande LNG facility and requested that the FERC terminate the CCS proceeding.
GAS Entec and AG&P to build strategic LNG terminal in Kingdom of Jordan
Leading LNG Infrastructure company GAS Entec with its group company AG&P and local partners Issa Haddadin, together referred to as the consortium, has been awarded a contract to build Sheikh Sabah Al-Ahmad Al-Jaber Al Sabah onshore regasification LNG terminal at the Port of Aqaba in the Kingdom of Jordan.
James Fisher Fendercare conducts first LNG ship-to-ship transfer off the coast of Southwold, UK
Ship-to-ship (STS) transfer provider, James Fisher Fendercare (JF Fendercare)—part of James Fisher and Sons Plc.—has successfully completed the first liquefied natural gas (LNG) STS transfer off the coast of Southwold, UK, for an energy major, delivering a safe and efficient solution.
ANGEA enters MoU with Korean Private LNG Industry Association
The Asia Natural Gas and Energy Association (ANGEA) and the Korean Private LNG Industry Association have announced a new Memorandum of Understanding (MoU) that aims to foster cooperation between the two organizations on natural gas development in Asia and the role of LNG in the energy transition.
Woodside gets environmental go-ahead for Scarborough project, green group backs down
Woodside's $12.5-B Scarborough gas project in Western Australia has all primary environmental approvals in place after a green group agreed to dismiss its challenge in a federal court.
NFE's Altamira LNG sends first LNG cargo from Mexico
New Fortress Energy shipped an initial cargo this month from its Altamira FLNG production vessel in Mexico.
India's Swan Energy to sell stake in LNG terminal for $399 MM
Indian oil & gas firm Swan Energy plans to sell a stake in one of its LNG terminals to Turkish state energy company BOTAS in a deal worth $399 MM.
bp tells regulators Venture Global does not need more time to start production
Oil and gas producer bp told federal regulators on Wednesday that it has reviewed confidential commissioning documents and does not believe Venture Global LNG needs more time to begin commercial production.
NextDecade to appeal court's overturning of Rio Grande LNG project authorization
U.S. liquefied natural gas (LNG) developer NextDecade will appeal a court ruling that overturned federal approval for its $18-B Rio Grande LNG project and warned loss of its permits could prevent access to its loans.
Karpowership makes $1-B LNG-to-power investment in South African Power Pool
Karpowership, a major international energy company, has announced its plans to invest a transformative $1 B of LNG-to-power infrastructure that will be based in Mozambique and made available to the entire South African Power Pool (SAPP).
Column: Europe's gas surplus has mostly been eliminated
Europe's record gas surplus inherited from the winter of 2023/24 has been largely eliminated following an unusually small accumulation of inventories so far in the summer of 2024.
Russian court orders $1.2 B of Linde UK assets be frozen
A Russian court has ordered that assets worth around $1.15 B of a British subsidiary of German industrial gases company Linde be frozen in a dispute over a gas processing plant.
China’s natural gas consumption, production and imports all increased in 2023
In 2023, 7%, or 2.6 billion cubic feet per day (Bcfd), more natural gas was consumed in China than in 2022, after a decline of 1.1% in 2022 when economic growth was slower, mainly due to China’s zero-COVID policies, leading to a reduction in natural gas consumption.
VTTI completes acquisition of 50% of Dragon LNG
VTTI, an industry leader in energy infrastructure, has completed the acquisition of 50% of Dragon LNG Group Ltd. (Dragon LNG). The other 50% of the terminal is owned by Shell.
Gasum powers Equinor's platform supply vessel with bio-LNG
Gasum is collaborating with Equinor on a series of liquefied biomethane (bio-LNG) bunkering operations in the Port of Dusavik, Stavanger.
Woodside's bid for LNG developer Tellurian unlikely to be rivaled
Woodside Energy, which agreed last month to buy Tellurian, the developer of a fully-permitted U.S. liquefied natural gas (LNG) project, for $1.2 B including debt is unlikely to face a rival bid.
Asia spot LNG prices remain at 7-month high amid Russian supply concerns
Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months, tracking European gains amid concerns over supply disruption.
GFI LNG, Pilot LNG form JV to develop Salina Cruz LNG project in Mexico
The Salina Cruz LNG JV will develop, construct and operate an LNG bunkering and transshipment terminal in Salinas del Márquez, Salina Cruz, Oaxaca, Mexico. Strategically located on the Pacific side of the Panama Canal, the project is ideally positioned to supply North and Central American bunker and fuel markets.
Osaka Gas aims to keep annual LNG handling volume at 11.5 MMt
Japanese city gas provider Osaka Gas aims to maintain annual handling volume of liquefied natural gas (LNG) at 11.5 metric MMt in the fiscal 2030 year.
Cheniere Energy misses core profit estimates on lower LNG margins
Cheniere Energy missed 2Q core profit estimates on Thursday, as weaker margins hurt the liquefied natural gas (LNG) producer.
Argent LNG has initial consultation with FERC, moves into pre-filing
Argent LNG is pursuing approval from FERC to begin the environmental pre-filing review for its mid-sized onshore LNG export project in Louisiana (U.S.).
U.S. court overturns FERC's authorization for NextDecade's Rio Grande project
A U.S. court has overturned the Federal Energy Regulatory Commission's (FERC) authorization for NextDecade's Rio Grande LNG project for not issuing a supplemental environmental impact statement
Japan's J-Power partners with Australia's carbon capture developers
Japanese utility Electric Power Development (J-Power) has signed a joint study agreement with two Australian carbon capture and storage developers, deepC Store and Azuli, for a strategic partnership.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- 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
