Regions
Brazil's fossil push undermines Lula's green ambitions
Brazil is positioning itself as a leader in the global transition towards clean energy, with hydropower as its top source of electricity, wind and solar growing rapidly, and renewables fueling a quarter of its transport. But Brazil has also invested heavily in fossil fuels, and the government plans to turn the country from world's seventh biggest oil producer into its fourth by 2030.
NFE's Altamira LNG sends first LNG cargo from Mexico
New Fortress Energy shipped an initial cargo this month from its Altamira FLNG production vessel in Mexico.
India's Swan Energy to sell stake in LNG terminal for $399 MM
Indian oil & gas firm Swan Energy plans to sell a stake in one of its LNG terminals to Turkish state energy company BOTAS in a deal worth $399 MM.
bp tells regulators Venture Global does not need more time to start production
Oil and gas producer bp told federal regulators on Wednesday that it has reviewed confidential commissioning documents and does not believe Venture Global LNG needs more time to begin commercial production.
NextDecade to appeal court's overturning of Rio Grande LNG project authorization
U.S. liquefied natural gas (LNG) developer NextDecade will appeal a court ruling that overturned federal approval for its $18-B Rio Grande LNG project and warned loss of its permits could prevent access to its loans.
Hexagon Agility receives order for RNG fuel systems from major NA refuse fleet
Hexagon Agility, a subsidiary of Hexagon Composites, has received orders for renewable natural gas (RNG) fuel systems from a major refuse fleet in North America.
Karpowership makes $1-B LNG-to-power investment in South African Power Pool
Karpowership, a major international energy company, has announced its plans to invest a transformative $1 B of LNG-to-power infrastructure that will be based in Mozambique and made available to the entire South African Power Pool (SAPP).
LS Power launches Lightning Power, a leading U.S. independent power producer
LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, has formed Lightning Power, a leading independent power producer (IPP).
Column: Europe's gas surplus has mostly been eliminated
Europe's record gas surplus inherited from the winter of 2023/24 has been largely eliminated following an unusually small accumulation of inventories so far in the summer of 2024.
Russian court orders $1.2 B of Linde UK assets be frozen
A Russian court has ordered that assets worth around $1.15 B of a British subsidiary of German industrial gases company Linde be frozen in a dispute over a gas processing plant.
UK approval for gas-fired power station was lawful, court rules
Britain's approval of a new gas-fired power station backed by bp was lawful, London's High Court ruled on Wednesday.
China’s natural gas consumption, production and imports all increased in 2023
In 2023, 7%, or 2.6 billion cubic feet per day (Bcfd), more natural gas was consumed in China than in 2022, after a decline of 1.1% in 2022 when economic growth was slower, mainly due to China’s zero-COVID policies, leading to a reduction in natural gas consumption.
Russian gas flows to Europe despite fighting
Intense fighting between Ukrainian and Russian forces near a pipeline Russia uses to supply European countries with gas has not disrupted supplies.
LaBella Associates acquires Process Pipeline Services, enhancing natural gas capabilities
LaBella Associates, an international architecture, engineering, environmental and planning firm, has acquired Process Pipeline Services Inc. (PPS), a provider of engineering, design and consultation services focused on the natural gas industry.
VTTI completes acquisition of 50% of Dragon LNG
VTTI, an industry leader in energy infrastructure, has completed the acquisition of 50% of Dragon LNG Group Ltd. (Dragon LNG). The other 50% of the terminal is owned by Shell.
Gasum powers Equinor's platform supply vessel with bio-LNG
Gasum is collaborating with Equinor on a series of liquefied biomethane (bio-LNG) bunkering operations in the Port of Dusavik, Stavanger.
Is it the end for Russian gas supplies to Europe via Ukraine?
Russia is still pumping natural gas to Europe via the war zone in Ukraine. Why?
U.S. natgas hits near 3-week high on output drop, hotter weather forecasts
U.S. natural gas futures rose more than 1% to a near three-week high on Monday, supported by a drop in output in recent days and forecasts for hotter weather that should boost the amount of gas power generators burn to keep air conditioners humming.
ADNOC Gas announces record Q2 net income of $1.19 B
ADNOC Gas plc and its subsidiaries announced strong financial results for Q2 2024, posting an adjusted net income of $1.19 B, a 21% year-on-year improvement exceeding market expectations.
Woodside's bid for LNG developer Tellurian unlikely to be rivaled
Woodside Energy, which agreed last month to buy Tellurian, the developer of a fully-permitted U.S. liquefied natural gas (LNG) project, for $1.2 B including debt is unlikely to face a rival bid.
Asia spot LNG prices remain at 7-month high amid Russian supply concerns
Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months, tracking European gains amid concerns over supply disruption.
GFI LNG, Pilot LNG form JV to develop Salina Cruz LNG project in Mexico
The Salina Cruz LNG JV will develop, construct and operate an LNG bunkering and transshipment terminal in Salinas del Márquez, Salina Cruz, Oaxaca, Mexico. Strategically located on the Pacific side of the Panama Canal, the project is ideally positioned to supply North and Central American bunker and fuel markets.
Perspective: What happens if Russian gas transit via Ukraine stops?
Heavy fighting near the Russian town of Sudzha, where Russian gas flows into Ukraine, has raised concerns over a sudden stop to transit flows via Ukraine before a five-year deal with Russia's Gazprom expires.
Storegga launches public consultation on pioneering Speyside Hydrogen project
Storegga has launched a four-week consultation on its proposal for Speyside Hydrogen, a pioneering project that will produce green hydrogen to fuel operations and support the decarbonization of distilleries and other businesses across Moray, Scotland.
Osaka Gas aims to keep annual LNG handling volume at 11.5 MMt
Japanese city gas provider Osaka Gas aims to maintain annual handling volume of liquefied natural gas (LNG) at 11.5 metric MMt in the fiscal 2030 year.
The power of AI: How oil/gas companies are using AI-powered geospatial analytics to identify and prevent potential leaks
The challenge all O&G producers face is monitoring and maintaining an aging and widely distributed pipeline infrastructure. These organizations manage thousands of miles of pipelines to deliver petroleum and natural gas.
Argent LNG has initial consultation with FERC, moves into pre-filing
Argent LNG is pursuing approval from FERC to begin the environmental pre-filing review for its mid-sized onshore LNG export project in Louisiana (U.S.).
U.S. court overturns FERC's authorization for NextDecade's Rio Grande project
A U.S. court has overturned the Federal Energy Regulatory Commission's (FERC) authorization for NextDecade's Rio Grande LNG project for not issuing a supplemental environmental impact statement
Gazprom's gas transit via Ukraine to continue Thursday amid reported clashes near border town
Gazprom will continue to ship gas through Ukraine to Europe on Thursday amid unconfirmed reports Kyiv's forces had seized the Russian firm's measuring station near the border town of Sudzha.
U.S. natural gas producers eye further output cuts as prices sink
Major U.S. natural gas producers are preparing to further curtail production in the second half of 2024, after prices sank nearly 40% over the past two months.
- 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
