management

Norway's Nyhamna gas plant evacuated due to fire

Norway's Nyhamna natural gas processing plant, which supplies Britain through a pipeline under the North Sea, was evacuated on Tuesday following a fire.

Asian spot LNG prices at five-month high on firm demand, geopolitical risks

Asian spot liquefied natural gas (LNG) prices surged to a five-month high, marking the fourth consecutive week of gains.

Equinor to invest more than $1.1 B to further develop gas infrastructure in the Troll West gas province

Equinor and the Troll partners have decided to invest just more than $1.1 B to further develop the gas infrastructure in the Troll West gas province.

Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause

Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause

Australian natural gas industry seeks policy repairs to boost investment

Australia's natural gas industry executives are seeking more measures to restore an investment environment they say has been damaged by a series of state interventions to boost domestic supply and curb soaring energy prices.

ADNOC to acquire 10% equity stake in major LNG development in Mozambique

ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.

Firm building QatarEnergy-Exxon LNG plant in Texas (U.S.) files for bankruptcy

The lead contractor building a Texas LNG plant for QatarEnergy and ExxonMobil on Tuesday filed for Chapter 11 bankruptcy protection, citing challenges at the project.

Phillips 66 to buy Pinnacle Midland for $550 MM

Phillips 66 agreed to acquire Pinnacle Midland, a midstream company owned by private equity firm Energy Spectrum Capital, for $550 million in cash, expanding the U.S. refiner's natural gas gathering and processing footprint in the Midland Basin.

Johnson Matthey and thyssenkrupp Uhde join forces to offer an integrated solution for blue ammonia technology

Johnson Matthey and thyssenkrupp Uhde announced they have signed a Memorandum of Understanding to jointly offer a fully integrated low-carbon (blue) ammonia solution

ADNOC purchases stake/offtake from NextDecade LNG (U.S.)

ADNOC announced the acquisition of a 11.7% stake in Phase 1 of NextDecade's Rio Grande LNG, along with a 20-yr LNG offtake agreement from Train 4.

UAE's ADNOC planning US trading expansion

Abu Dhabi National Oil Company (ADNOC) is planning to set up a trading desk in the U.S. as part of the United Arab Emirates-backed oil and gas producer's global expansion efforts.

Waste manager WM explores $3 billion sale of renewable natural gas unit

Waste management firm WM is exploring a sale of its renewable natural gas business that could be worth about $3 B.

U.S. Republican lawmakers urge FERC to approve LNG applications

Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for LNG projects.

Sempra revisits choice of Bechtel on Cameron LNG expansion to cut costs

Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs.

Gazprom loss shows struggle to fill EU gas sales gap with China

Gazprom could face a long period of poor performance as it struggles to fill the gap of lost European gas sales with its domestic market and Chinese exports.

NextDecade plans to take FID on LNG train 4 in 2H of this year

In the company's Q1 business update, NextDecade's Chairman and Chief Executive Officer, Matt Schatzman, provided an update on the company's LNG terminal project in south Texas (U.S.).

Golden Pass LNG in discussions with contractor, may delay startup

Golden Pass LNG, a JV between QatarEnergy and Exxon Mobil, said it was in ongoing talks with a contractor that could have near-term impacts on activity at its site.

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.

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.

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.

Three emerging threats: Climate change, vandalism and cyber-attack

4/16/2024

Pipeline integrity management systems (PIMSs) are now common practice, driven by the Pipeline and Hazardous Materials Safety Administration (PHMSA) requirements in the U.S. This article discusses the threats associated with climate change, vandalism and cyber-attack from the perspective of existing risk models.

The illusion of accuracy in analyzing plant failures

This article highlights the challenges faced by plant engineers in accurately determining damage mechanisms, discussing three common illusions of accuracy including temperature limits, reliance on single references, and confirmation bias during failure investigations.

LNG developer Tellurian to explore sale among other options, CEO steps down

Tellurian said it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role, amid the LNG developer's efforts to keep its Driftwood export project alive.

Navigating the complex LNG value chain

3/7/2024

Capturing efficiency and visibility across the LNG value chain is possible with modern technologies. This article examines how boundless automation is managing data seamlessly from the field to the edge and into the cloud. This includes a move toward holistic, seamlessly integrated energy logistics software solutions that help operators visualize and manage the LNG value chain from end-to-end.

Optimized high-pressure injection system design

3/7/2024

This article details an optimization opportunity that was taken in a high-pressure injection system after a thorough evaluation during the Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project in Saudi Arabia.

bp awards Kent a five-year global commissioning framework agreement

Kent, a global integrated energy services company, announced that it has been awarded a five-year global commissioning framework agreement by bp.

API launches Standards Subscription Service

The American Petroleum Institute is pleased to announce the latest addition to the API Webstore -  the new Standards Subscription Service which offers Webstore customers unlimited, 24/7 access to API’s comprehensive suite of safety standards and technical documents for use across their organization.

Chatterjee Fund Management boosts stake in LNG developer Tellurian to 7.3%

Chatterjee Fund Management has increased its stake in U.S. LNG developer Tellurian to 7.3%, up from 5.2% previously.

NextDecade files to allow TotalEnergies to exit LNG stake

NextDecade has filed for a shelf registration that would allow TotalEnergies to sell its 17.5% stake in the U.S. LNG company over time.

Samsung Heavy says it has stopped making blocks for Russian shipyard's LNG carriers

Samsung Heavy Industries said it has stopped making blocks and equipment for 10 out of 15 Arctic LNG carriers contracted with Zvezda.