Regions
Vietnam needs $11.5-B to expand national fuel storage capacity by 2030
Vietnam would need investment of up to $11.51 B to expand its national fuel storage system by 2030 citing a draft plan prepared by the Ministry of Industry and Trade.
Finland's floating LNG terminal to receive first commercial cargo
Finland is set to receive the first commercial delivery of liquefied natural gas to the Inkoo floating terminal set up to replace Russian gas supply after the start of the war in Ukraine.
Gazprom's exports to Europe up 4% in March from Feb
Gazprom's gas supplies to Europe were up 4% on a daily basis in March compared to February based on shipment data from Gazprom's daily transit volumes sent through Turkey and Ukraine.
Asia spot prices maintain downtrend on tepid demand
Asian spot liquefied natural gas this week hit its lowest since early July 2021 as weak demand and solid inventories in northeast Asia continued to pressure prices, while Europe prepared to exit winter with record inventories.
Barcelona to Italy LNG exports rose 17-fold in 2022 amid Ukraine war impact
Seaborne exports of liquefied natural gas from Barcelona to Italy rose 17-fold in 2022 from the prior year, while shipments in the first two months of 2023 alone accounted for 45% of last year's traffic.
India keeps domestic gas prices on hold for now
India will provisionally keep the price of locally produced gas from old fields at $8.57 per mmBtu
What is the Iraq-Turkey oil pipeline dispute and who's on the hook?
An international arbitration ruling prompted the shutdown of Iraq's northern crude oil exports through Turkey and sent oil prices back towards $80 a barrel.
Venture Global LNG delays commercial ops at Calcasieu in Louisiana
U.S. liquefied natural gas company Venture Global LNG told federal energy regulators and customers that it needs to make repairs at Calcasieu Pass in Louisiana that will delay the start of the export plant's full commercial operations.
Dutch government confirms plans to produce 2.8 bcm of gas from Groningen this year
The Dutch government on Friday confirmed plans to produce 2.8 billion cubic meters (bcm) of natural gas at the Groningen gas field in the current year through Oct. 1.
China’s LNG imports to show small rebound in 2023
China’s liquefied natural gas imports fell sharply in 2022 because of the disruption caused by lockdowns to control the coronavirus epidemic and the massive exit wave of infections when they were lifted.
NETL-managed projects advance new direct air capture tests
Field tests of NETL-funded and managed direct air capture technology projects in California and Alabama are helping to advance the realization of a carbon-neutral economy and energy sector to address the effects of climate change.
Canada's ATCO gives Mexico troubled pipeline after damage award
Canada's ATCO Ltd has agreed to transfer ownership to Mexico of an unfinished pipeline bogged down in a dispute with the Mexican state power company.
UK shortlists bp, Equinor low-carbon gas power project for support
Britain shortlisted for state support a project by bp and Equinor to build a large-scale gas power plant with carbon capture and storage.
Freeport LNG's Texas export plant back at full power, data shows
U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to pull in as much natural gas from pipelines as the facility can process into LNG, a sure sign that it was back at full power.
DCC Energy and Oberon Fuels to boost renewable dimethyl ether production to reduce emissions of European LPG market
DCC plc, the leading international sales, marketing and support services group, has partnered with Oberon Fuels, to advance the design, construction and operations of multiple renewable DME production plants in Europe.
Axens HySWEET Technology selected by SPETCO International Petroleum Co. Kuwait and Jereh for the acid Gas Removal Units of two new Gas Treatment plants in Kuwait
Axens is supplying the process design packages for the gas treatment of two gas plants located in North Kuwait, which EPC are managed respectively by SPETCO and Jereh.
U.S. natural gas production grew by 4% in 2022
U.S. natural gas production grew by 4% in 2022, averaging 119 Bcf/d.
US natgas flows to Freeport LNG export plant in Texas rise
The amount of natural gas flowing to U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to hit its highest on Wednesday since shutting in June 2022.
French strikes hit refining, LNG imports
France's fuel supplies have been disrupted by more than three weeks of strikes against the government's pension overhaul, with production halted at three of its seven refineries, reduced at two, and two others undergoing maintenance.
US to kick off Gulf of Mexico oil drilling rights auction
The Biden administration will hold an auction of oil leases in the U.S. Gulf of Mexico, the first test of demand for new investment in the region since the Russian invasion of Ukraine tightened energy supplies and sent prices soaring.
Leading investor group toughens stance on new upstream oil and gas projects
The Net Zero Asset Owner Alliance (NZAOA) said it expects members to make no new direct investments in upstream oil and gas infrastructure projects for new fields, as part of efforts to rein in global warming.
bp, ADNOC offer to buy 50% of Israel's NewMed Energy
bp and Abu Dhabi's state oil giant offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2-B.
SocGen confirms it pulled out of Texas LNG project
French bank Société Générale has pulled out of the U.S. energy company NextDecade's Rio Grande Liquefied Natural Gas (LNG) project in Texas last year.
EU countries seek legal option to stop Russian LNG imports
European Union countries agreed on Tuesday to seek a legal option to stop Russian companies sending liquefied natural gas to EU nations, by preventing Russian firms from booking infrastructure capacity.
McDermott awarded FEED contract from Shell
McDermott has been awarded a front-end engineering design (FEED) contract from Shell Trinidad and Tobago Limited for the Manatee gas development project as part of a competitive FEED process.
Shell publishes reports on Sustainability, Climate & Energy Transition Lobbying and Payments to Governments
Shell plc has published its 2022 Sustainability Report, its 2022 Climate and Energy Transition Lobbying Report and its 2022 Payments to Governments Report.
US natural gas futures drop 4% to 4-week low on milder forecasts
U.S. natural gas futures fell about 4% to a four-week low on rising output and forecasts for milder weather and lower heating demand next week than previously expected.
Australia's gas sector says more supply is the answer
The Australian natural gas sector believes it has the solution to warnings of a shortfall in domestic supplies in coming years: produce more.
Portugal to launch Europe's first auction for piped hydrogen
Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s fledgling hydrogen market.
Baker Hughes to supply liquefaction trains for Sempra Infrastructure’s Port Arthur LNG Phase 1 Project
Baker Hughes announced it has been awarded an order by Bechtel to supply two Main Refrigerant Compressors (MRCs) for Sempra Infrastructure’s Port Arthur LNG Phase 1 project in Jefferson County, Texas.
- 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
