people

Woodside gets $1 B in funding for Scarborough LNG project

Woodside will receive $1 B in funding for its flagship Scarborough LNG project from state-owned Japan Bank for International Cooperation.

ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B

ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.

Hess shareholders sign off on $53 B sale to Chevron

Hess shareholders approved the proposed $53 B merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival ExxonMobil's massive Guyana discoveries.

Aethon Energy to buy Tellurian upstream assets for $260 MM

Aethon Energy will acquire Tellurian's upstream assets for $260 MM and purchase 2 MMtpy of LNG from its Driftwood LNG plant, the companies said on Wednesday.

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.

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.

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.

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.

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.

Squamish Council rejects Woodfibre LNG's "floatel" amid safety/environmental concerns

The District of Squamish council voted to reject a 1-yr temporary use permit for Woodfibre LNG's use of a renovated cruise ship to house more than 600 workers.

Oklahoma (U.S.) sues two companies over alleged natural gas price manipulation

Oklahoma (U.S.) has sued two energy companies, accusing them of manipulating natural gas prices during Winter Storm Uri in 2021, according to a press release from the state attorney general's office.

Samsung Engineering rebrands name to 'SAMSUNG E&A'

The company name change to SAMSUNG E&A CO., LTD. was confirmed during the 57’s general shareholders' meeting on 21 March 2024, where the change of articles of incorporation were passed.

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.

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.

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.

LNG developer Tellurian to not extend CEO's employment term

LNG developer Tellurian said it would not renew or extend the employment term of CEO Octavio Simoes beyond June 5, and aims to sell its upstream business as it no longer sees it "a core strategic need"

Top Biden official (U.S.) to defend LNG pause in Senate hearing

A top U.S. Department of Energy official is set to defend President Joe Biden's pause on approvals of LNG exports at a Senate hearing called by a fellow Democrat who said he will investigate the decision.

ERIKS North America honors founding legacy with rebrand to LGG Industrial

ERIKS North America, a provider of fluid handling, sealing, and material conveyance solutions, is rebranding to LGG Industrial.

U.S. natural gas supplies drop, record demand forecast due to extreme cold

U.S. natural gas supplies have fallen by the most in over a year as extreme cold froze wells, while demand for heating was on track to hit a record and lift both power and gas prices to multi-year highs.

Record warmth leaves world with too much gas

The northern hemisphere experienced its warmest October and November in records dating back to the 1880s – pushing the gas market into a large surplus and triggering a slump in prices.

Freeport LNG settles with U.S. EPA over safety failures for June 2022 Texas blast

Freeport LNG, which operates the second-largest U.S. LNG export plant in Texas, agreed with the U.S. Environmental Protection Agency to settle safety violations related to a June 2022 blast that caused some $275 MM in damage to the facility.

Tellurian Board appoints Daniel Belhumeur as President and Meredith Mouer as General Counsel and Chief Compliance Officer

Tellurian Inc. announced that following the appointment of Martin J. Houston as Chairman of the Board, the Board of Directors has named former General Counsel Daniel Belhumeur as President of Tellurian, and former Deputy General Counsel Meredith Mouer as General Counsel and Chief Compliance Officer of Tellurian.

U.S. LNG developer Tellurian ousts co-founder Souki as chairman

Tellurian ousted its chairman and co-founder Charif Souki as an executive officer, weeks after auditors raised doubts about the company's ability to cover future expenses.

Australia Pacific LNG deliveries disrupted due to tanker outage

Shipments of LNG from Australia Pacific LNG have come to a halt after a loaded tanker docked at the site lost power.

Train 1 restarts after trip at Freeport LNG plant, Texas (U.S.)

Freeport LNG reported that during the operation of its liquefaction plant in Texas.

Australia LNG workers vote in support for Chevron deal

An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two LNG facilities in Australia.

Ghana hit by power outages due to limited gas supply

Several areas of Ghana were hit by power outages due to a drop in electricity generation after the West African country's power transmission company warned of limited gas supply for power generation.

Chevron LNG workers in Australia reaffirm strike plans

Workers at Chevron's two LNG plants in Australia reaffirmed their plan to resume strikes as mediated talks continue, with the U.S. energy major saying that workers were being unreasonable.

  • 1
  • 2
  • 3
  • ... 3 pages