natural gas

EnviTec Biogas announces market entry in Sweden

The EnviThan gas upgrading system from EnviTec Biogas AG is a tried and tested technology that can now demonstrate all its advantages in Sweden for the first time.

Norway keen to explore hydropower, CCS projects in Indonesia

Norway is seeking to form a stronger partnership with Indonesia and explore investment opportunities in renewable energy such as hydropower, and carbon capture and storage (CCS).

Australian regulator warns east coast to face gas shortage by 2027

Australia's east coast could face gas shortages from 2027, a year earlier than initially forecast, the country's competition regulator said on Friday, as it called for an urgent need to develop new sources of production and supply.

BASF and ENGIE sign long-term biomethane purchase agreement in Europe

BASF and ENGIE signed a 7-yr biomethane purchase agreement (BPA). Under the BPA, ENGIE will supply BASF with 2.7-3 terawatt hours of biomethane throughout the term of the agreement.

UECC chooses Titan for major liquefied biomethane deliveries

United European Car Carriers (UECC) and Titan Clean Fuels (Titan) are collaborating on a series of major liquefied biomethane (LBM) bunkering operations in the Port of Zeebrugge.

Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana (U.S.)

U.S. LNG company Venture Global LNG sought permission from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.

Bangladesh's Summit LNG expected to resume operations in mid-July

The floating storage and regasification unit of Bangladesh's Summit LNG should resume operations in mid-July after it was damaged during a cyclone.

Bolivia seeks oil and gas investment, Russia's help to solve energy crunch

Bolivian state energy firm YPFB is looking to improve conditions for investment in the country's flagging oil and gas sector and seeking help from Russia to overcome recent fuel shortages.

New Fortress Energy to sell Miami (U.S.) liquefaction and storage facility

New Fortress Energy announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.

Pembina acquires interest in Whitecap Resources' 165-MMft3d Kaybob gas complex

Pembina Pipeline Corp. announced that Pembina Gas Infrastructure Inc. has entered into a purchase and sale agreement with Whitecap Resources Inc. to acquire a 50% working interest in Whitecap’s 165-MMft3d Kaybob gas complex.

Texas governor looks to double state energy fund to $10 B to build gas plants

Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick said they will seek to expand the Texas Energy Fund program to $10 B to build more natural gas plants to meet the state's growing demand for electricity.

Vitol invests in future of LNG bunkering by securing three LNG bunkering vessels

Vitol has secured three LNG bunkering vessels. The vessels were secured via a 7 yr-10 yr time charter agreement with Avenir LNG Limited and CIMC Sinopacific Offshore & Engineering Co. Ltd shipyard in Nantong, China.

Tellurian closes $260-MM asset sell to help advance Driftwood LNG project

Tellurian Inc. announced that it has closed the previously reported sale of its integrated upstream assets for $260 MM to affiliates of Aethon Energy Management LLC, substantially strengthening its balance sheet as it advances the Driftwood LNG project.

US judge halts Biden administration's pause on LNG permits

7/2/2024

A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).

Europe gas prices tread water in lackluster market

Dutch and British wholesale gas prices were little changed on Tuesday amid tepid demand, stable supply of pipeline and liquefied natural gas (LNG) and plentiful storage levels.

Wood awarded concept study for Greater Sunrise LNG development

Wood will deliver a comprehensive concept study, considering engineering, technology, financing, commercial structures, fiscal, environmental, health & safety and socioeconomic drivers including local content.

US natgas prices ease to 6-week low on rising output, lower LNG feedgas

U.S. natural gas futures eased about 1% to a six-week low on rising output, forecasts for less demand over the next two weeks than previously expected due to lower liquefied natural gas (LNG) feedgas and an ongoing oversupply of gas in storage.

Aramco’s strategic gas expansion progresses with $25 B in contract awards

Aramco has awarded contracts worth more than $25 B to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030.

Norway's Vaar Energi extends gas delivery deal with ENI by 12 yr

Vaar Energi has extended an agreement to supply natural gas to Italy's ENI by 12 years. Vaar Energi will under the new deal deliver up to 5 Bm3 of natural gas between 2024 and 2036.

TES, Itochu Corp. team up for decarbonization efforts via e-NG

TES announced a strategic collaboration with Itochu Corporation aimed at driving forward the adoption of e-NG to decarbonize hard-to-abate sectors.

BKV sells new carbon-neutral natural gas product to Kiewit

BKV Corp. has signed a contract for the sale and purchase of carbon sequestered gas (CSG) with Kiewit Infrastructure South Co., a subsidiary of Kiewit Corp.

Fulcrum LNG to pair with McDermott, Baker Hughes for Guyana gas project

A proposed large natural gas project in Guyana by U.S. energy developer Fulcrum LNG includes partnerships with U.S. oil service company Baker Hughes and engineering firm McDermott.

Russia will start gas exports to China from far east in 2027

Russia's Gazprom will start annual pipeline gas exports to China of 10 Bm3 in 2027.

U.S. natgas prices climb 2% as heat wave boosts demand for cooling

U.S. natural gas futures climbed about 2% on Friday on forecasts for higher demand over the next two weeks than previously expected as power generators burn more gas to keep air conditioners humming during a brutal heat wave.

FERC approves Venture Global's 20-MMtpy CP2 LNG project in Louisiana (U.S.)

The U.S. Federal Energy Regulatory Commission approved Venture Global's CP2 LNG export terminal project in Cameron Parish, Louisiana (U.S.).

Baker Hughes awarded multi-year contract by Woodside Energy to support Australian LNG operations

Baker Hughes announced it has entered into a new 10-yr services frame agreement with Woodside Energy to support its LNG operations in Australia.

Cedar LNG announces positive FID on 3.3-MMtpy FLNG project

Cedar LNG announced a positive final investment decision on the 3.3-MMtpy FLNG facility in the traditional territory of the Haisla Nation on Canada’s West Coast.

Israel approves extra gas exports, Leviathan field to be expanded

The partners in Israel's Leviathan gas field said on Wednesday they planned to invest up to $500 MM to expand its capacity after the government approved the export of more natural gas from its offshore fields to boost the economy.

Russian court orders Italy's UniCredit to pay $480 MM over aborted gas project

A Russian court has ordered Italian bank UniCredit to pay €448.2 MM ($479.44 MM) in a lawsuit over an aborted gas project brought by St. Petersburg-based RusChemAlliance, a joint venture 50% owned by Russian gas giant Gazprom.

New DNV survey highlights oil and gas sector paradox

The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.