Regions
Asian spot prices stay flat at 20-month low and held by buying interest
Asian spot prices of LNG stayed flat this week, breaking a losing streak of declines since mid-December, as buying interest kept prices from sliding further.
Canada's B.C. province sets high emissions bar for new LNG projects
British Columbia's decision this week to toughen emissions standards for new LNG projects creates one of the most robust climate plans in North America.
China LNG buyers return to spot market, but coal to keep demand capped
Chinese liquefied natural gas LNG buyers have resumed spot purchases, drawn by easing prices and recovering domestic demand, potentially increasing competition with Europe for supplies.
Romania's Transgaz ready to build pipeline for Black Sea gas
Romania's gas pipeline operator Transgaz will build a new pipeline worth an estimated 500 million euros ($529.30 M) meant to bring offshore Black Sea gas to the national grid.
Study sees potential for huge North Sea hydrogen pipelines
The study, commissioned by German gas pipeline operator Gascade, says that up to 300 terawatt hours (TWh) a year of clean hydrogen made from North Sea offshore wind power could be transported by the grid.
What's in the EU's green industrial plan?
The European Commission laid out its green industrial plan on Thursday, designed to ensure that Europe is a leading producer of clean technologies and not just a global frontrunner in cutting carbon dioxide emissions.
Australia's LNG exports may have to be diverted to fend off winter gas shortage
Australia's east coast liquefied natural gas (LNG) exporters may need to divert excess gas supply for domestic customers to stave off any potential supply shortages this winter in the country's south
GET Baltic Gas Exchange to become part of EEX group
The European Energy Exchange (EEX) on Thursday said its acquisition of 66% of the shares of smaller sector peer GET Baltic was approved by GET's owner, Amber Grid, paving the way for EEX to extend its eastwards reach.
H-TEC SYSTEMS to deliver electrolyzer for Norwegian-Danish cooperation for green production of liquid biogas
H-TEC SYSTEMS delivers PEM electrolyzers to Norwegian-Danish joint venture. Innovative cooperation in wind power, electrolysis and liquid biogas (LBG) between Norwegian Hydrogen and energy entrepreneur Jens Peter Lunden
Shell reports good progress on journey to net-zero emissions
Shell plc has published its Energy Transition Progress Report 2022, which shows it has again met its climate targets as part of its energy transition strategy.
Matson takes up option for ME-GI retrofit
Matson Navigation Company has confirmed that it will convert the main engine aboard its container ship, ‘Kaimana Hila’, from an MAN B&W S90ME-C10.5 unit to a dual-fuel ME-GI unit capable of running on LNG.
TotalEnergies launches integrated engineering studies
TotalEnergies, operator of the project, announces the launch of the fully integrated Front-End Engineering and Design for the Papua LNG project.
Golar closes acquisition of New Fortress Energy stake in FLNG Hilli
The agreement to acquire New Fortress Energy Inc.’s interest in FLNG Hilli has closed.
Cedar LNG receives B.C. environmental approval and signs memorandum of understanding with ARC Resources Ltd.
The Haisla Nation and Pembina Pipeline Corporation are pleased to announce that Cedar LNG today has received its Environmental Assessment Certificate from the B.C. Environmental Assessment Office and has signed a Memorandum of Understanding with ARC Resources Ltd. for a long-term liquefaction services agreement.
Worley awarded FEL 2 contract to engineer Cerilon’s U.S. gas-to liquids facility
Worley, a global project delivery and asset services provider, has been selected by Cerilon, a Canadian-based energy and resource development company, to provide engineering services for the FEL 2 stage of Cerilon’s gas-to-liquids (GTL) facility in North Dakota, U.S.
Venture Global LNG proceeds phase 2 of Plaquemines, LA export plant
U.S. liquefied natural gas (LNG) company Venture Global LNG said on Monday that it will go forward with the second phase of its Plaquemines LNG export plant in Louisiana after securing $7.8 billion of financing.
Wave of new LNG export plants threatens to knock gas prices
A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock gas prices and hurt some proposed projects, analysts say.
Petronas cooperates with Tiger Gas in LNG bunkering business
Petronas, through Petronas Marine brand, has inaugurated the LNG bunkering business with long-term partner Tiger Gas. This follows the completion of its maiden ship-to-ship LNG bunkering operation of approximately 500 tons of LNG for the latter’s Tiger Maanshan.
Joint study of sustainable palm oil industry development in Malaysia
JGC Holdings Corporation and Japan NUS have signed a memorandum of understanding with the Malaysian natural gas sales, marketing, and distribution company Gas Malaysia Bhd for joint study of sustainable domestic palm oil industry development through effective utilization of unused resources from palm oil milling in the country.
U.S. natural gas consumption sets 9 month record and an annual record in 2022
In 2022, US natural gas consumption averaged a record 88.5 billion cubic feet per day (Bft3d)—the highest annual natural gas consumption, according to records beginning in 1949.
KN to advise Italian Piombino LNG terminal builders
The operator of oil and liquefied natural gas (LNG) terminals KN (AB Klaipėdos nafta) is successfully expanding its activities in the rapidly growing international market of LNG import terminals. The Italian energy company Snam FSRU Italia has chosen KN to cooperate in the implementation of the greenfield FSRU-based LNG terminal project in the port of Piombino.
GAZ-SYSTEM launches non-binding market screening procedure to identify demand for additional regasification capacity of FSRU terminal
GAZ-SYSTEM launches a non-binding market screening procedure to identify the demand for additional regasification capacity of the FSRU Terminal. The new FSRU Terminal project envisages the construction of a floating storage regasification unit (FSRU) in the Gulf of Gdańsk area.
NYK, FueLNG achieve first PCTC LNG bunkering in Singapore
Nippon Yusen Kabushiki Kaisha (NYK), a leading Japanese shipping company, and FueLNG, a joint venture between Keppel Offshore & Marine Ltd¹ and Shell Eastern Petroleum (Pte) Ltd., have completed the first bunkering to an LNG-fueled pure car and truck carrier (PCTC) vessel in Singapore.
Driven by petrochemical capacity builds, U.S. ethane increased 9% in 2022
In 2022, U.S. ethane demand increased by approximately 9%, or almost 0.2 MMbpd, according to the U.S. EIA's Petroleum Supply Monthly.
Trinidad and Tobago hold deeper talks with Venezuela on Dragon gas project
Trinidad and Tobago held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.
US nat gas futures ease 1% to 2-wk less cold forecasts
U.S. natural gas futures slid about 1% to a two-week low on Friday on forecasts for less cold weather and lower heating demand over the next two weeks than previously expected.
Energy firms bet big on carbon capture projects in U.S., Canada
Many energy companies in North America are investing in carbon capture technologies/projects. The following are several that are being implemented in the region.
Russia to free up LNG exports, sees output rising to 100 MMtpy, PM says
Russia will be able to raise its liquefied natural gas (LNG) production to 100 million tonnes per year over the next seven years by expanding the list of gas fields permitted to export LNG.
Ukraine to jointly buy gas with EU countries
Ukraine will take part in the European Union scheme to jointly buy gas in global markets, to procure 2 billion cubic metres of the fuel ahead of next winter.
Keystone pipeline oil flows will not change after U.S. order to cut pressure, CEO says
Oil flows on TC Energy's Keystone pipeline will not change after the U.S. pipeline regulator said it would require the company to reduce pressure following a 13,000-bbl oil spill in Kansas in December.
- 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
