management
Shell unveils market strategy during Capital Markets Day
During Shell’s Capital Markets Day 2025, it unveiled the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification.
Solvang to use Inmarsat's NexusWave satellite technology on its ethylene, ethane/gas carriers
Inmarsat Maritime has signed an agreement with Solvang to equip the company’s fleet with Inmarsat’s NexusWave fully managed bonded connectivity service to support the leading gas shipping company’s evolving crew and business connectivity requirements.
Petronas says still in talks with Sarawak over gas aggregator role
Malaysia's state energy firm Petronas said on Saturday it is continuing discussions with multiple stakeholders following a report that negotiations over the ongoing gas aggregator role with Petros have reached a deadlock.
Egypt to lease German gas liquefaction unit to bolster production
Egypt, which has struggled with declining domestic gas production, plans to lease a German floating gas liquefaction unit, the Egyptian petroleum ministry said.
Woodside investment decision on Louisiana LNG may slip into Q2
Australia's Woodside LNG may push a final investment decision on its Louisiana LNG plant into the second quarter of 2025 as talks to sell half of the project drag on
Repsol cuts green hydrogen target by as much as 63%
Spanish energy company Repsol cut its 2030 target for green hydrogen production by up to 63%, Chief Executive Josu Jon Imaz said, highlighting the challenges of a high-cost industry heavily reliant on subsidies.
Kinder Morgan closes $600-MM acquisition of Outrigger Energy II's natural gas gathering and processing system
The acquisition includes a 270 million cubic feet per day (MMcf/d) processing facility and a 104-mile, large-diameter, high-pressure rich gas gathering header pipeline with 350 MMcf/d of capacity connecting supplies from the Williston Basin area to high-demand markets
Seven tips to achieve a smoother plant turnaround
This article offers seven tips for a smoother turnaround project.
U.S. aims to 'get out of the way' of oil and gas, says energy secretary
U.S. Energy Secretary Chris Wright said his top priority was for the government to "get out of the way" of the production of oil, gas and coal, adding that a number of approvals for gas projects were in the queue.
Petronet LNG: LNG terminal expansion projects update, increasing trade via Singapore unit
According to Reuters, a Petronet LNG executive said that the Dahej LNG terminal expansion project is scheduled to be completed in 3 mos-4 mos. In addition, the executive provided the following update on other projects:
Tanzania hopes to conclude talks for LNG project by June
Tanzania is discussing tax incentives with investors in a stalled project to construct a $42-B LNG plant in the country, Energy Minister Doto Biteko said on Tuesday, adding the talks could be completed by June. Equinor and Shell are joint operators of the country's mega gas project, while ExxonMobil, Pavilion Energy, Medco Energi and Tanzania's national oil company TPDC are partners.
India's GAIL revives plan to buy US LNG as Trump ends ban on export permits
GAIL India Ltd will seek to buy a stake in a U.S. LNG plant or secure long-term U.S. LNG supply after the Trump administration lifted a ban on export permits for new projects, chairman Sandeep Kumar Gupta said.
TotalEnergies CEO doubles down on US LNG, downplays Trump tariff fears
TotalEnergies will expand its investment in U.S. LNG over the next decade as the French company seeks to cement its position as a major exporter of U.S. LNG.
TotalEnergies CEO says U.S. financing for Mozambique LNG project expected in coming weeks
TotalEnergies CEO Patrick Pouyanne said that financing from the U.S. for its $20-B Mozambique LNG project is expected to be approved in coming weeks, with other credit agencies to follow in the months after.
East Timor favors Australia over Chinese firms on major gas project
East Timor would prefer to work with Australia and partners Woodside Energy and Japan's Osaka Gas over Chinese firms that have expressed interest in developing the stalled Greater Sunrise natural gas field
Nigeria launches construction on five mini-LNG facilities, totaling 97 MMft3d in capacity
In its efforts to deepen domestic gas utilization, NNPC and its partners have launched five mini-LNG plants in Ajaokuta, Kogi State, Nigeria, totaling 97 MMft3d in processing capacity.
EemsEnergyTerminal launches open season to gauge operational future
EemsEnergyTerminal has entered an important new phase in determining whether the floating LNG terminal at the port of Eemshaven will be kept in operation for a longer period. An Open Season has launched to gauge the interest of market parties in the import of LNG in the near future. Such collaboration is essential for keeping the terminal operational after 2027.
TotalEnergies' Mozambique LNG project faces delay beyond 2029
TotalEnergies' $20-B Mozambique LNG project will not be operational by 2029 as hoped, the French oil major said, citing the need to end force majeure and ensure security at the project site.
IEA: Global gas markets to remain tight on rising demand
Global natural gas markets will remain tight this year as demand rises and output grows more slowly than before the energy crisis of 2022 and the pandemic of 2020-2021, a quarterly report by the International Energy Agency (IEA) said.
Trump to declare 'national energy emergency' to boost fossil fuels, power projects
President Donald Trump laid out a sweeping plan to maximize already record high U.S. oil and gas production by declaring a national energy emergency, stripping away excess regulation, and withdrawing the U.S. from an international pact to fight climate change.
Trump's energy department pick to call for more LNG and nuclear power
Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power.
Poland's Orlen plans to invest up to nearly $92 B by 2035
The company aims to meet all of Poland's domestic natural gas demand over the next decade by increasing production and boosting LNG contracting, as well as adding gas-fired power generation capacity, energy storage and other infrastructure.
LNG exporter Venture Global targets up to $110-B valuation in blockbuster U.S. IPO
Venture Global is targeting up to $110.38 billion valuation in its U.S. initial public offering, setting the stage for the first blockbuster stock market flotation in 2025.
CB&I awarded lump-sum EPC contract for Ruwais LNG project in the UAE
CB&I announced that it has been awarded a lump sum contract by TJN Ruwais JV for engineering, procurement, and construction of two cryogenic tanks and associated civil, structural, mechanical and piping works for its Ruwais LNG project in the UAE.
Phillips 66 to grow Permian midstream business with EPIC NGL acquisition
Phillips 66 announced that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (EPIC NGL) for total cash consideration of $2.2 B, subject to customary purchase price adjustments.
U.S. LNG gas demand hits record high on last day of the year
U.S. natural gas demand from LNG plants hit a record on December 31, 2024, climbing to 15.2 billion cubic feet in a sign of a strong year ahead from the startup of two new gas-processing plants.
Steelhead LNG initiates new legal proceedings against Cedar LNG in British Columbia (Canada)
Steelhead LNG announced the filing of new legal proceedings against Cedar LNG, Pembina Pipeline Corporation and ARC Resources Ltd. in British Columbia in relation to the Cedar LNG Project.
Gasunie updates its national hydrogen network rollout plan
Over the coming years, Gasunie subsidiary Hynetwork will be rolling out the national hydrogen network for the Netherlands in various stages. In this interview, Helmie Botter, Business Development Hydrogen Manager at Gasunie, and Joost Hooghiem, Director of Hydrogen Network Netherlands, explain the current status.
Phillips 66 outlines nearly $3-B capital program for 2025
Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.
bp and XRG close deal to launch new natural gas platform
bp and XRG have reached financial close and completed formation of their new joint venture and international natural gas platform – Arcius Energy. The JV will initially focus on development of gas assets in Egypt.
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- India's BPCL signs LPG supply deal with Norway's Equinor
