Regions

Fewer tankers transit the Red Sea in 2024

The amount of crude oil and oil products flowing through the Bab el-Mandeb, the southern chokepoint at the mouth of the Red Sea, decreased by more than 50% in the first eight months of 2024.

Canadian natural gas firms eager for LNG boom swamp market with excess supply

A huge liquefied natural gas (LNG) export terminal led by Shell, called LNG Canada, may struggle to dramatically raise Canadian natural gas prices when it starts operating next year because a flood of pent-up supply is waiting to hit the market.

INEOS Energy started compression ops at the Teesside gas processing plant

INEOS Energy announced the start-up of the electric-driven compressor at the Teesside Gas Processing Plant, which will significantly boost gas flows from the INEOS Operated Breagh Gas Field.

TotalEnergies expands global LNG bunkering footprint

TotalEnergies has signed a charter contract with Spanish shipowner Ibaizabal for a new LNG bunker vessel of 18,600 m3 capacity. This new vessel will expand the Company’s global presence in bunkering hubs.

The Gulf Energy Information Excellence Awards 2024 winners honored at live Houston gala

The 2024 Gulf Energy Information Excellence Awards was held on Wednesday evening at the Post Oak Hotel in Houston, Texas (U.S.). The black-tie gala recognized the energy industry’s leading innovations and thought leaders.

Nextchem (Maire) awarded licensing/process design package for H2 unit in Vietnam

Nextchem (Maire) awarded licensing and process design package to upgrade BSR's hydrogen production unit in Vietnam, based on its proprietary NX Reform technology.

NDT Global partners with Aramco to launch 56" ultrasonic inspection tool

NDT Global launched a 56" ultrasonic inline inspection tool, developed in collaboration to meet the inspection requirements of integrated oil and gas company Aramco.

U.S. drives global natural gas demand to new highs in 2024

Power producers in the U.S. have lifted natural gas-fired generation to new highs over the first nine months of 2024, sustaining the country's position as the leading driver of global natural gas consumption.

Norway's Equinor remains committed to $40-B Tanzania LNG project

Norway's Equinor remains committed to a $42-B LNG project in Tanzania that has stalled after proposed government changes to a financial agreement reached last year.

Arbitration rules in favor of bp as sole buyer of Kosmos Energy's Senegal LNG project

Kosmos Energy said a Paris-based arbitrator has ruled in favor of bp, prohibiting Kosmos from selling to third parties LNG from the Greater Tortue project offshore Senegal and Mauritania.

Japan expands LNG flexibility via cooperation with South Korea, Italy

Japan has agreed on Sunday to study cooperating with South Korea and Italy on procurement of LNG as the world's second-biggest LNG importer after China seeks greater flexibility while strengthening its energy security.

China to remain world's top LNG buyer in 2024-25

China is set to remain the world's top buyer of LNG this year and next because of strong industrial demand. The country overtook Japan as the world's top LNG buyer as Japanese demand is falling amid nuclear reactor restarts, the roll out of renewable energy and overall weak economic development.

GAIL, AM Green sign MoU for jointly developing renewable energy and green chemical projects

GAIL (India) Limited and AM Green B.V. signed a Memorandum of Understanding (MoU) to focus on the long-term supply of carbon dioxide for eMethanol production and the exploration of hybrid renewable energy project across India.

Tellurian shareholders back proposed $1.2-B Woodside deal

Tellurian shareholders have voted in favor of the U.S. LNG developer's proposed $1.2-B acquisition by Australian energy producer Woodside Energy Group.

Enbridge sanctions pipelines to support bp's new deepwater U.S. Gulf of Mexico development

Enbridge Inc. will build, own and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development, operated by bp Exploration & Production Co.

TotalEnergies wins tender for LNG supply to Bulgargaz

Natural gas distribution company Bulgargaz said on Friday that French oil major TotalEnergies ranked first in a tender offer to supply liquefied natural gas (LNG) in November and December to the Alexandroupolis terminal in Greece.

StraightFlo™ reciprocating compressor valve provider rebrands as Atlas Copco

In a move underscoring the company’s expanded global reach and enhanced resources, reciprocating compressor valve maker Zahroof Valves Inc. will now operate under the Atlas Copco brand.

ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project

ExxonMobil selected Chart Industries' IPSMR® liquefaction technology and proprietary equipment for the Rovuma LNG project at the Afungi peninsula.

Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October

Algeria's Sonatrach and Saudi Arabia's Aramco have raised official selling prices (OSPs) for liquefied petroleum gas (LPG) in October by around 3%–4% from September due to limited supply on the global market.

Japan top buyer of LNG from Russia's Sakhalin 2

Japan is currently the biggest importer of liquefied natural gas (LNG) from Russia's Sakhalin 2 plant accounting for 57.5% of its exports.

Slovak gas buyer SPP says talks continue to extend Ukraine transit

Slovak state-owned gas buyer SPP is continuing negotiations to secure an extension of gas transit through Ukraine after Kyiv's contract with Russian supplier Gazprom expires at the end of the year, and several options are on the table.

Energy Vision highlights potential of wastewater plants to produce RNG, follow gas-to-grid model

The sustainability NGO Energy Vision has released a primer for municipalities on how their local wastewater treatment plant(s) may be able to produce renewable energy and help fight climate change, titled “Can your wastewater plant do more?”

BCCK and Carbon Clean sign agreement to deliver carbon capture solutions across U.S.

BCCK and Carbon Clean will collaborate to provide Carbon Clean’s semi-modular CaptureX technology to customers across the U.S.

QatarEnergy LNG awards McDermott EPCI contract for NFS Offshore Pipelines and Cables Project

McDermott has been awarded an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) Offshore Pipelines and Cables Project.

Summit Midstream acquires Tall Oak Midstream for $450 MM

Summit Midstream Corp. will acquire Tall Oak Midstream III from Tailwater Capital for approximately $450 MM.

Australia's Santos and TotalEnergies sign LNG deal

Australian gas supplier Santos has signed a mid-term liquefied natural gas (LNG) supply contract with TotalEnergies' Singapore unit.

LNG terminal off northern Greece diversifies gas routes to Europe

A new floating liquefied natural gas (LNG) storage and regasification unit (FSRU) started commercial operation off Greece's northeastern coast on Tuesday with the aim of diversifying supply of imported LNG to Europe.

Venture Global gets OK to take step in commercializing Louisiana Calcasieu LNG plant

U.S. liquefied natural gas (LNG) company Venture Global LNG got approval from U.S. energy regulators on Tuesday to re-introduce hazardous fluids to part of the company's Calcasieu LNG export plant in Louisiana.

Enbridge completes acquisition of Public Service Company of North Carolina (U.S.)

Enbridge Inc. has closed its acquisition of Public Service Company of North Carolina, Inc. (PSNC) from Dominion Energy Inc.

UK's last coal plant shutdown bodes well for U.S. LNG exports

U.S. exporters of liquefied natural gas (LNG) are likely cheering the shutdown of the last coal-fired power plant in the UK, as the move locks in long-term gas demand by the world's sixth largest economy.