natural gas

Bolivia govt. announces natural gas "mega field" in biggest discovery since 2005

Bolivian President Luis Arce has announced the discovery of a 1.7-Tft3 natural gas reserve located north of the country's administrative capital, La Paz.

Russian pipeline gas exports to EU up 24% y/y in January–June

Russian natural gas exports via pipelines to the European Union countries have jumped by 24% in the first half of the year from the same period in 2023.

Freeport LNG in Texas to restart one train this week after Hurricane Beryl

Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.

Mexico–U.S. energy trade value fell in 2023 on lower fuel prices

The value of all energy trade between the U.S. and Mexico decreased almost 15% from $77.8 B in 2022 to $66.5 B in 2023, adjusted for inflation.

WhiteWater's ADCC Pipeline in South Texas begins transporting natural gas

The ADCC Pipeline entered commercial service on July 1, 2024, and is capable of providing approximately 1.7 B ft3d of natural gas transportation capacity to the Cheniere Corpus Christi Liquefaction facility from markets on Whistler Pipeline's Agua Dulce Header in South Texas.

Europe gas: Prices edge lower on strong wind power output

Dutch and British gas prices edged lower on Monday morning as expectations of strong output from wind farms curbed gas demand from gas-fired power plants.

SNAM making progress on Ravenna FLNG project (Italy)

Works are proceeding according to schedule on Ravenna's offshore regasifier, which will land 8.5 km from Punta Marina at the end of the year, and become operational in the first quarter of 2025.

U.S. power generators burn record amounts of natgas on hottest day of summer to date

U.S. power generators burned a record amount of natural gas on Tuesday, the hottest day so far of this summer.

bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth

bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.

~1 MM in Texas without power, Freeport LNG to restart after Beryl

~1 MM homes and businesses in Texas remained without power on Thursday, four days after Hurricane Beryl lashed the state with fierce winds and flooding, sparking frustration among companies, officials and residents who were facing extreme heat.

Global LNG trade increased more than 1.6 Bcf/d in 2023

LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).

Engie to partner with Macquarie in Mexican pipeline project

French energy company Engie has agreed to partner with Australian infrastructure investor Macquarie Asset Management to expand the Mayakan natural gas pipeline in Mexico.

EIA: US natgas output to decline in 2024, while demand rises to record high

U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO).

Austria appoints commission to try to ditch Russian gas contract

Austria's energy minister has appointed a commission of experts to examine whether Austria can scrap a gas-supply contract between OMV and Gazprom to reduce its dependence on Russia.

Shell awards Wood major engineering contract for world’s largest floating offshore gas facility

Wood, a global leader in consulting and engineering, has secured a six-year contract to provide brownfield engineering, procurement and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) facility in Western Australia.

Shell boosts LNG business with Manatee FID in Trinidad and Tobago

Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell Plc., has taken a final investment decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.

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).