Regions
Phillips 66 sheds non-core natgas assets in Texas
U.S. oil refiner Phillips 66 has sold its natural gas gathering and processing assets in East Texas to Voyager Midstream Holdings, a portfolio firm of Pearl Energy Investments.
ADNOC and ExxonMobil to partner in world’s largest low-carbon hydrogen facility
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the signing of an agreement in which ADNOC will acquire a 35% equity stake in ExxonMobil Corporation’s proposed low-carbon hydrogen (H2) and ammonia production facility in Baytown, Texas.
New Fortress Energy receives non-FTA approval for its Mexico FLNG project
New Fortress Energy Inc. announced that it has received authorization from the United States Department of Energy to export up to ~1.4 MMtpy of LNG to non-Free Trade Agreement countries from its Fast LNG 1 (FLNG 1) asset located offshore Altamira, Mexico for a term of five years.
Eni, Snam launch Italy's first carbon capture project
Eni and Snam have launched Italy's first carbon capture, transport and storage (CCS) project to help heavy polluting industries cut carbon dioxide (CO2) emissions.
North American LNG capacity to more than double by 2028
North America’s LNG export capacity is on track to more than double between 2024 and 2028, from 11.4 billion cubic feet per day (Bcfd) in 2023 to 24.4 Bcfd in 2028, if projects currently under construction begin operations as planned.
LNG tankers line up at Malaysia's Bintulu complex after maintenance
A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.
Gasum to supply Hapag-Lloyd with waste-based bio-LNG in accordance with winning ZEMBA tender
Energy company Gasum is collaborating with Hapag-Lloyd to supply their container vessels with liquefied biomethane (bio-LNG) during a two-year tender period.
Putin arrives in Mongolia, key link in planned gas pipeline to China
The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.
Turkey's Botas buying 4 Bm3y of LNG from Shell in 10-year deal
Turkish state energy company Botas and British oil major Shell have signed a 10-year LNG agreement for a total of 40 LNG cargoes of approximately 4 Bm3 to be delivered annually for a period covering 10 years starting from 2027.
Russia's Jan–August LNG exports up 7%, jump by 32% in August
Russia's January–August exports of liquefied natural gas (LNG) increased by 7.3% from a year earlier to 20.7 metric MMt and jumped by almost a third in August compared to the previous month, mainly due to LNG from Yamal.
Egypt counts on foreign funds to buy gas as power crisis worsens
Saudi Arabia and Libya have financed the purchase of gas cargoes worth at least $200 MM to help Egypt ease its energy crisis this summer amid a steep decline in domestic gas output.
Russia's Gazprom says H1 net income more than tripled to $10.9 B
Kremlin-owned gas giant Gazprom said on Thursday its first-half net income more than tripled from a year earlier to more than 1 T roubles ($10.9 B), thanks to rising gas exports and cost controls.
Texas (U.S.) narrows gas plant projects vying for $5.4 B in funding
The Public Utility Commission (PUC) of Texas has selected 17 projects, seeking $5.38 B in government funding, to advance in a new program aimed at spurring the development of gas-fired power plants.
Asia spot LNG prices rise on supply concerns, geopolitical tensions
Asian spot liquefied natural gas (LNG) prices rose this week as outages in LNG facilities in Australia and Malaysia sparked supply concerns, although buying interests from China remained limited due to higher price levels.
Golden Pass LNG asks U.S. regulator for 3-yr extension to complete construction
The developer of a Texas liquefied natural gas export project on Wednesday asked U.S. regulators for a three-year extension to complete construction of the $10-B Golden Pass LNG project, citing scheduling uncertainties. Golden Pass LNG, a joint venture of QatarEnergy and ExxonMobil building an 18-MMtpy LNG export project on the Texas coast, wrote that a change in primary contractors requires an extension until November 2029.
Venture Global seeks OK to unload first LNG commissioning cargo at Louisiana plant
U.S. liquefied natural gas (LNG) company Venture Global LNG sought authorization on Thursday from U.S. energy regulators by Aug. 30 to unload the first LNG commissioning cargo at the Plaquemines export plant under construction in Louisiana.
Russia presses ahead with Arctic LNG 2
Russia's largest liquefied natural gas (LNG) producer Novatek appears to be preparing a floating storage unit (FSU) to receive gas as part of its Arctic LNG 2 project, in defiance of sanctions.
Chart Industries and Element Resources partner on hydrogen eco-system deployment
Chart Industries Inc., a leading global solutions provider to clean energy and industrial gas markets, is partnering with Element Resources Inc., a leader in green hydrogen (H2) production, to advance the utilization and adoption of H2 and other clean fuels using an ‘eco-system’ approach.
ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
ONEOK announced that it has executed a definitive agreement with Global Infrastructure Partners under which ONEOK will acquire interest in EnLink Midstream and Medallion Midstream for nearly $6 B.
Mexico Pacific announces long-term LNG SPA with POSCO International
Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, announced that it has signed a sales and purchase agreement of 700,000 tpy of LNG with POSCO International Corporation.
Cyprus mulls ending gas imports monopoly to address project delays
Cyprus wants to end a state monopoly over the import of natural gas in an attempt to find a quick workaround over serious project delays in getting the commodity to market.
KOTUG awarded marine services contract for Eni's Congo LNG project
KOTUG International B.V. announced that it has been awarded a contract for ENI Congo to deliver critical marine services for the Congo LNG project. This project, situated offshore the Republic of Congo, includes the Tango FLNG and the Excalibur Floating Storage Unit, with a second FLNG currently under construction.
INNIO Group “Ready for H2” engines selected to modernize Romania’s CHP plants transition to net-zero
INNIO Group, in collaboration with Clarke Energy, will revamp two major combined heat and power plants in Romania with Jenbacher "Ready for H2" engines.
Linde to invest $2 B in Canada to supply hydrogen to Dow's Alberta chemical complex
Industrial gases firm Linde said it would invest more than $2 B to build a clean hydrogen facility for supplying to Dow's Path2Zero production complex in Alberta, Canada.
Kremlin says Europe will pay more unless Ukraine extends gas transit deal
European consumers will face higher prices unless Kyiv agrees to extend a deal on Russian gas transit via Ukraine once it expires on Dec. 31.
Nu:ionic Technologies (Canada), HybriGenix Futures to collaborate on hydrogen production facility in Canada
Nu:ionic Technologies (Canada), Inc. and HybriGenix Futures Inc. announced the signing of a Memorandum of Understanding (MOU) to collaborate on an innovative clean power and hydrogen production facility in Alberta, Canada.
Carbon Clean, PETRONAS CCS Solutions ink MoU to collaborate and evaluate Carbon Clean’s CCS technology
Carbon Clean, Petronas, carbon capture, CycloneCC
Nigeria's NNPC sending LNG cargoes to Japan and China
State-owned Nigerian oil company NNPC has expanded shipments of liquefied natural gas (LNG) cargoes to a port in China after its first delivery to Japan in June.
UPDATE: Ichthys LNG's Train 2 scheduled for October restart, Inpex says
Train 2 at Ichthys LNG is scheduled to be restarted in October, operator Inpex Corp said in an emailed statement on Tuesday.
Prices rise as Australian LNG outage fuels supply concerns
Dutch and British wholesale gas prices rose on Tuesday afternoon on supply concerns raised by an extended outage at an Australian LNG plant and geopolitical risk, though strong storage inventories are limiting the upside.
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
