U.S.
Global LNG market will 'be tight' until 2026 - TotalEnergies CEO
The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.
U.S. natgas prices up 3% to 1-week high on colder forecasts, lower output
U.S. natural gas futures climbed about 3% to a one-week high on forecasts for colder weather and higher heating demand over the next two weeks than previously expected.
Viridi Energy developing renewable natural gas facility in Maine (U.S.)
Viridi Energy said it has acquired a biosolids digester plant in Brunswick, Maine, (U.S.) as part of its plans to develop a facility to convert waste into RNG in the state.
CERAWeek - Lower LNG prices should boost gas demand, executives say
LNG prices have fallen about a third over the past nine months, propping up demand, which should tighten the LNG market in the near-term, executives said at the CERAWeek energy conference.
U.S. natgas prices jump 4% on colder forecasts, lower output
U.S. natural gas futures jumped about 4% on forecasts for colder weather and higher heating demand over the next two weeks than previously expected, and on a continued drop in U.S. output after gas prices collapsed to a 3-1/2-year low in February.
Venture Global LNG to buy fleet of vessels
Venture Global LNG said it would acquire a fleet of nine LNG transport vessels, expanding its ability to sell and ship its own cargoes.
LNG developer Tellurian to explore sale among other options, CEO steps down
Tellurian said it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role, amid the LNG developer's efforts to keep its Driftwood export project alive.
Venture Global LNG asks U.S. energy regulator to keep documents confidential
LNG exporter Venture Global LNG delivered to U.S. regulators a proposed protective order seeking to keep documents on the construction of a Louisiana export facility confidential.
U.S. natgas prices rise 8% on larger-than-expected storage withdrawal
U.S. natural gas futures rebounded from an early two-week low to gain about 8% after a weekly report showed a larger-than-expected storage withdrawal.
TC Energy to sell Prince Rupert pipeline project to Ksi Lisims LNG partners
TC Energy has agreed to sell its Prince Rupert natural gas pipeline project to two partners in Ksi Lisims LNG, a proposed Canadian export terminal.
U.S. natural gas prices firm as investors await storage report
U.S. natural gas futures gained, having hit their lowest in more than two weeks earlier, as investors awaited a weekly storage report that is expected to show a much smaller-than-usual storage withdrawal on lower heating demand.
Shell publishes Energy Transition Strategy 2024
Shell has published its first energy transition update since the launch of its Powering Progress strategy in 2021 and with this energy transition update, Shell is focusing on how the same strategy delivers “less emissions”.
U.S. asks Venture Global LNG to justify filing of confidential documents
The Federal Energy Regulatory Commission asked LNG developer Venture Global LNG to explain the basis for its extensive filing of confidential documents in its Calcasieu Pass LNG export terminal.
China's Unipec wants say in Venture Global LNG's extension request
Chinese state-owned energy trader Unipec asked U.S. regulators for a chance to intervene in a request from LNG developer Venture Global LNG to extend the commissioning period for its Louisiana export project.
U.S. propane exports established a new record in December 2023
U.S. propane exports averaged a record 1.9 million bpd in December 2023, the highest since the U.S. EIA began collecting this data in 1973.
EQT to buy Equitrans Midstream in bid to boost natural gas margins
Top U.S. natural gas producer EQT Corp said it agreed to buy Equitrans Midstream in an all-stock deal that values its former pipeline unit at about $14 B including debt, as companies look to navigate decade-low prices for the commodity.
Freeport LNG's feedgas usage falls again
Feedgas intake at the second largest U.S. LNG plant has fallen by almost half over the last week
NextDecade targets Train 4 final investment decision at Texas (U.S.) LNG facility in H2 2024
NextDecade said it was targeting a final investment decision and plans to start construction of the fourth liquefaction train at its Rio Grande LNG facility in Texas by the second half of 2024.
Major European energy companies ask U.S. regulators to deny Venture Global LNG's permit extension
Top European energy companies asked U.S. regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana (U.S.) export plant.
Dominion Energy announces closing of sale of Ohio (U.S.) natural gas distribution company
Dominion Energy, Inc., announced closure of the sale of its Ohio natural gas utility – The East Ohio Gas Company – to Enbridge Inc. for approximately $6.6 B, including assumed indebtedness and adjusted for customary closing items.
U.S. natgas prices drop 6% to one-week low on small storage withdrawal, mild weather
U.S. natural gas futures dropped about 6% to a one-week low on an expected much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.
U.S. natural gas pipeline accidents pose big, unreported climate threat
Accidental pipeline leaks – caused by things like punctures, corrosion, severe weather and faulty equipment - happen routinely and are a climate menace that is not currently counted in the official U.S. tally of greenhouse gas emissions, according to an examination of public data and regulatory documents.
Global Project Data
A snapshot of the global gas processing and LNG project landscape.
Mitigating methane emissions: Digital strategies for the energy industry
As the world continues to prioritize solutions to curb climate change, more digital tools will help scale innovation and assist hard-to-abate industries with accelerating their GHG mitigation efforts. This article dives into how digital technologies are helping to mitigate emissions.
Navigating the complex LNG value chain
Capturing efficiency and visibility across the LNG value chain is possible with modern technologies. This article examines how boundless automation is managing data seamlessly from the field to the edge and into the cloud. This includes a move toward holistic, seamlessly integrated energy logistics software solutions that help operators visualize and manage the LNG value chain from end-to-end.
U.S. natural gas prices little changed ahead of federal storage report
U.S. natural gas futures were little changed as the market waited for direction from a federal report expected to show a much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.
Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects
Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company are in talks to invest in U.S. LNG projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market.
U.S. natural gas producers cut spending, output to cope with low prices
U.S. natural gas producers are curbing their output and spending on drilling activity as an oversupplied market has brought the prices of the commodity down to multi-decade lows.
LNG developer Tellurian to not extend CEO's employment term
LNG developer Tellurian said it would not renew or extend the employment term of CEO Octavio Simoes beyond June 5, and aims to sell its upstream business as it no longer sees it "a core strategic need"
Low U.S. natural gas prices to dampen prospects for Tellurian asset sale
Low U.S. natural gas prices will hurt Tellurian Inc's ability to sell Louisiana gas producing properties in order to pay off enough debt to salvage its LNG project.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
