Regions
Asia spot LNG prices rise on supply concerns, geopolitical tensions
Asian spot liquefied natural gas (LNG) prices rose this week as outages in LNG facilities in Australia and Malaysia sparked supply concerns, although buying interests from China remained limited due to higher price levels.
Golden Pass LNG asks U.S. regulator for 3-yr extension to complete construction
The developer of a Texas liquefied natural gas export project on Wednesday asked U.S. regulators for a three-year extension to complete construction of the $10-B Golden Pass LNG project, citing scheduling uncertainties. Golden Pass LNG, a joint venture of QatarEnergy and ExxonMobil building an 18-MMtpy LNG export project on the Texas coast, wrote that a change in primary contractors requires an extension until November 2029.
Venture Global seeks OK to unload first LNG commissioning cargo at Louisiana plant
U.S. liquefied natural gas (LNG) company Venture Global LNG sought authorization on Thursday from U.S. energy regulators by Aug. 30 to unload the first LNG commissioning cargo at the Plaquemines export plant under construction in Louisiana.
Russia presses ahead with Arctic LNG 2
Russia's largest liquefied natural gas (LNG) producer Novatek appears to be preparing a floating storage unit (FSU) to receive gas as part of its Arctic LNG 2 project, in defiance of sanctions.
Chart Industries and Element Resources partner on hydrogen eco-system deployment
Chart Industries Inc., a leading global solutions provider to clean energy and industrial gas markets, is partnering with Element Resources Inc., a leader in green hydrogen (H2) production, to advance the utilization and adoption of H2 and other clean fuels using an ‘eco-system’ approach.
ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
ONEOK announced that it has executed a definitive agreement with Global Infrastructure Partners under which ONEOK will acquire interest in EnLink Midstream and Medallion Midstream for nearly $6 B.
Mexico Pacific announces long-term LNG SPA with POSCO International
Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, announced that it has signed a sales and purchase agreement of 700,000 tpy of LNG with POSCO International Corporation.
Cyprus mulls ending gas imports monopoly to address project delays
Cyprus wants to end a state monopoly over the import of natural gas in an attempt to find a quick workaround over serious project delays in getting the commodity to market.
KOTUG awarded marine services contract for Eni's Congo LNG project
KOTUG International B.V. announced that it has been awarded a contract for ENI Congo to deliver critical marine services for the Congo LNG project. This project, situated offshore the Republic of Congo, includes the Tango FLNG and the Excalibur Floating Storage Unit, with a second FLNG currently under construction.
INNIO Group “Ready for H2” engines selected to modernize Romania’s CHP plants transition to net-zero
INNIO Group, in collaboration with Clarke Energy, will revamp two major combined heat and power plants in Romania with Jenbacher "Ready for H2" engines.
Linde to invest $2 B in Canada to supply hydrogen to Dow's Alberta chemical complex
Industrial gases firm Linde said it would invest more than $2 B to build a clean hydrogen facility for supplying to Dow's Path2Zero production complex in Alberta, Canada.
Kremlin says Europe will pay more unless Ukraine extends gas transit deal
European consumers will face higher prices unless Kyiv agrees to extend a deal on Russian gas transit via Ukraine once it expires on Dec. 31.
Nu:ionic Technologies (Canada), HybriGenix Futures to collaborate on hydrogen production facility in Canada
Nu:ionic Technologies (Canada), Inc. and HybriGenix Futures Inc. announced the signing of a Memorandum of Understanding (MOU) to collaborate on an innovative clean power and hydrogen production facility in Alberta, Canada.
Carbon Clean, PETRONAS CCS Solutions ink MoU to collaborate and evaluate Carbon Clean’s CCS technology
Carbon Clean, Petronas, carbon capture, CycloneCC
Nigeria's NNPC sending LNG cargoes to Japan and China
State-owned Nigerian oil company NNPC has expanded shipments of liquefied natural gas (LNG) cargoes to a port in China after its first delivery to Japan in June.
UPDATE: Ichthys LNG's Train 2 scheduled for October restart, Inpex says
Train 2 at Ichthys LNG is scheduled to be restarted in October, operator Inpex Corp said in an emailed statement on Tuesday.
Prices rise as Australian LNG outage fuels supply concerns
Dutch and British wholesale gas prices rose on Tuesday afternoon on supply concerns raised by an extended outage at an Australian LNG plant and geopolitical risk, though strong storage inventories are limiting the upside.
New Zealand to pass laws to expediate LNG imports amid energy shortages
New Zealand said it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import LNG amid energy shortages.
ADNOC deploys pioneering AI-enabled process optimization technology
Following successful initial operations, ADNOC announced the deployment of an industry leading artificial intelligence (AI)-enabled process optimization technology--Neuron 5--across all ADNOC facilities across thousands of critical pieces of equipment essential for production, including compressors, valves and generators.
Tanker linked to Russia's Arctic LNG 2 spotted in ship-to-ship transfer
A U.S.-sanctioned gas tanker that picked up a cargo from Russia's new Arctic LNG 2 plant this month has been spotted carrying out a ship-to-ship transfer, suggesting Moscow is managing to continue some exports from the project.
Qatar strikes another 15-yr LNG supply deal with Kuwait
Qatar agreed to supply Kuwait with 3 MMtpy of LNG for 15 years, as Kuwait imports the fuel to help meet rising demand for power generation.
Woodside Energy earnings set to dip as investors eye strategic deals
Woodside Energy, Australia's top independent gas producer, is on track to post a drop in interim earnings on Tuesday, with investors focusing on its deal-making strategy after the collapse of a $52-B merger with Santos.
Europe gas prices vulnerable to Ukraine transit stop, says TotalEnergies CEO
The future of Russian gas transit through Ukraine remains a key uncertainty for European gas prices, even as the continent heads into the winter with full storages.
Amigo LNG secures supply agreement with E&H Energy
Amigo LNG announced that it has entered into a long-term LNG supply agreement with E&H ENERGY SDN BHD of Malaysia.
Asia spot LNG prices ease from 8-month top on weaker demand
Asian spot liquefied natural gas (LNG) prices eased this week from a more than 8-mos top on the back of easing spot demand and as European gas prices also fell.
One train shut at Australia’s Ichthys LNG plant
One of the two trains at the Ichthys liquefied natural gas (LNG) plant in Darwin, Australia, has been shut since August 20.
Russia's Novatek postpones start of Arctic LNG 2 third line
Russian natural gas company Novatek has postponed the start of operations at the third line of the Arctic LNG 2 project to 2028 from 2026.
Tanker docks at Louisiana Plaquemines LNG plant for cooldown
A tanker full of liquefied natural gas (LNG) docked at Venture Global LNG's Plaquemines export plant in Louisiana (U.S.), in what energy analysts said was a sign the plant could start up in test mode soon.
Egypt plans to return oil, gas production to normal from 2025, PM says
Egypt plans to return oil and gas production to normal levels from 2025 with the help of international partners.
Vietnam's second LNG terminal seeks cargo to begin commissioning tests
Vietnam's Cai Mep liquefied natural gas (LNG) terminal is seeking a cargo to initiate commissioning tests, putting it on track to become the country's second terminal to bring in the fuel.
- 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
