natural gas
NextDecade targets Train 4 final investment decision at Texas (U.S.) LNG facility in H2 2024
NextDecade said it was targeting a final investment decision and plans to start construction of the fourth liquefaction train at its Rio Grande LNG facility in Texas by the second half of 2024.
ADNOC issues early EPC award for Ruwais LNG Project
ADNOC announced that it has issued a Limited Notice to Proceed for early engineering, procurement and construction activities to a joint venture, led by Technip Energies, with JGC Corporation and National Petroleum Construction Company PJSC for its low-carbon LNG project in Al Ruwais Industrial City, Abu Dhabi.
Major European energy companies ask U.S. regulators to deny Venture Global LNG's permit extension
Top European energy companies asked U.S. regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana (U.S.) export plant.
Japan spot LNG contract price for February not disclosed
The average contract price for spot LNG cargoes for shipment to Japan last month was not disclosed by state-owned Japan Oil, Gas and Metals National Corporation.
Shell's LNG, gas and power trading boss Hill to move on
Shell's head of LNG, natural gas and power trading Steve Hill is leaving the company.
Dominion Energy announces closing of sale of Ohio (U.S.) natural gas distribution company
Dominion Energy, Inc., announced closure of the sale of its Ohio natural gas utility – The East Ohio Gas Company – to Enbridge Inc. for approximately $6.6 B, including assumed indebtedness and adjusted for customary closing items.
U.S. natgas prices drop 6% to one-week low on small storage withdrawal, mild weather
U.S. natural gas futures dropped about 6% to a one-week low on an expected much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.
EU energy regulator adds to pressure on Germany over gas tariff
European Union energy regulators added to growing pressure on Germany over Berlin's levy on cross-border gas trading, which some countries say puts the EU's energy solidarity at risk and hurts efforts to cut reliance on Russia.
Nigeria announces reforms to lure oil and gas investment
Nigeria will offer tax credits and streamline contracting processes for new oil and gas projects, the Information Minister said, in a move by Africa's top energy producer to attract much-needed investment.
U.S. natural gas pipeline accidents pose big, unreported climate threat
Accidental pipeline leaks – caused by things like punctures, corrosion, severe weather and faulty equipment - happen routinely and are a climate menace that is not currently counted in the official U.S. tally of greenhouse gas emissions, according to an examination of public data and regulatory documents.
Asian spot LNG prices inch up on emerging Chinese demand
Asian spot LNG prices inched up this week as temperatures below seasonal normal levels in China pushed buyers back into the market, especially as prices had recently fallen below that of some oil-linked contracts.
How tech is laying the foundation for future LNG success and compliance
This work details some of the ways LNG operators are embracing and deploying technology to close the gaps that exist in their ESG compliance infrastructures and emerging operational needs.
Global Project Data
A snapshot of the global gas processing and LNG project landscape.
Navigating the complex LNG value chain
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
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.
AG&P LNG acquires 49% stake in Vietnam's Cai Mep LNG terminal
Singapore-based Atlantic, Gulf and Pacific LNG, a unit of U.S. investment and development firm Nebula Energy, has acquired a 49% stake in Vietnam's Cai Mep LNG terminal.
Europe's mild winter leaves gas stocks at record high
Europe is on track to end the winter with a record volume of gas in storage, which has pushed futures prices back to pre-crisis levels once inflation is taken into account.
Germany could start refilling gas storage caverns from mid-March
Germany may be able to start filling gas storage facilities ahead of the 2024-25 winter as early as next week, operators group INES said, a task made easier as high levels of gas remain from the heating season that ends this month.
Mexico's Pemex, Carlos Slim team met to discuss deepwater gas project
Mexican state energy company Pemex and billionaire investor Carlos Slim's team are discussing ways to revive development of the country's first deepwater natural gas field that was shelved twice before.
U.S. natural gas prices little changed ahead of federal storage report
U.S. natural gas futures were little changed as the market waited for direction from a federal report expected to show a much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.
Netherlands won't permit gas drilling in sensitive Wadden Sea, government says
The Netherlands will not permit companies to drill for gas in the Dutch part of the protected Wadden Sea, the Dutch government said, in a move that will block planned exploration by Shell and ExxonMobil joint venture NAM.
Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects
Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company are in talks to invest in U.S. LNG projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market.
India sees $4.95-B investment for natural gas network in northeast Kashmir
India expects investment of about $4.95 B from companies to build natural gas pipeline infrastructure in its northeastern states and northern federal territories of Kashmir and Ladakh.
Vitol close to buying Exxon, QatarEnergy stakes in Italy LNG terminal
Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy's biggest LNG import terminal from Exxon Mobil, opens new tab and QatarEnergy.
TC Energy to sell Portland Natural Gas Transmission System for $1.14 B
TC Energy said it has agreed to sell Portland Natural Gas Transmission System to a BlackRock-managed fund and Morgan Stanley Infrastructure Partners for $1.14 B as part of its ongoing efforts to reduce debt and fund investments.
Iran to reach 1.3 Bcm of gas output a day in five years, minister says
Iran's gas output will reach 1.3 Bcm per day in five years, Iran's Oil Minister Javad Owji said, up from 1.07 Bcm per day currently.
Philippines' top energy firms partner for $3.3-B LNG facility
Three top Philippine energy firms have partnered for the first time to form a large-scale integrated LNG facility, the companies said, in a deal two of them valued at $3.3 B.
U.S. natural gas producers cut spending, output to cope with low prices
U.S. natural gas producers are curbing their output and spending on drilling activity as an oversupplied market has brought the prices of the commodity down to multi-decade lows.
Low U.S. natural gas prices to dampen prospects for Tellurian asset sale
Low U.S. natural gas prices will hurt Tellurian Inc's ability to sell Louisiana gas producing properties in order to pay off enough debt to salvage its LNG project.
U.S. LNG exports fall in February on outage and fewer calendar days
A month-long closure at Freeport LNG plant in Texas (U.S.) and fewer days in the month pushed February U.S. LNG exports 7% lower than in January.
- Credit Agricole says it will not fund two major LNG projects
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
