Regions

Finland’s Gasgrid has sold 95% of 2024 LNG terminal capacity

The LNG terminal operated by Gasgrid in Inkoo has already sold 95% of its reservation capacity for this year.

Energy Transfer expands Permian presence with $3.25-B acquisition of WTG Midstream

Energy Transfer said it will buy WTG Midstream Holdings in a deal valued at about $3.25 B, the latest acquisition in the midstream sector aimed at expanding transportation and processing network in the Permian Basin.

Asian spot LNG prices at five-month high on firm demand, geopolitical risks

Asian spot liquefied natural gas (LNG) prices surged to a five-month high, marking the fourth consecutive week of gains.

Equinor to invest more than $1.1 B to further develop gas infrastructure in the Troll West gas province

Equinor and the Troll partners have decided to invest just more than $1.1 B to further develop the gas infrastructure in the Troll West gas province.

Indian refiners’ use of crude tankers to export diesel slows in May

Indian refiners' use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month

Ohmium selected to provide 10-MW PEM electrolyzers for green H2 project in Croatia

Ohmium International was selected to equip the first green H2 project in Croatia with a PEM electrolyzer.

Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause

Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause

U.S. natgas prices jump 6% to 4-month high as rising LNG feedgas boosts demand

U.S. natural gas futures jumped about 6% to a four-month high on Wednesday on lifted forecasts for weekly demand and as more gas was flowing to liquefied natural gas (LNG) export plants with flows to Freeport LNG’s plant in Texas up to an 11-month high.

Australian natural gas industry seeks policy repairs to boost investment

Australia's natural gas industry executives are seeking more measures to restore an investment environment they say has been damaged by a series of state interventions to boost domestic supply and curb soaring energy prices.

Tecnimont, Baker Hughes awarded an EPC contract for Hassi R'mel (Algeria) gas gathering system upgrade

MAIRE announced that a consortium composed by its subsidiary Tecnimont Integrated E&C Solutions and Baker Hughes has been awarded by SONATRACH an EPC contract for the implementation of three gas boosting stations and the upgrading of the gathering system, located at the Hassi R’mel gas field, 550 km south of Algiers.

JERA warns of switching investment from Australia unless it gets govt support

Japan's top power generator JERA warned on Thursday it could consider fuel purchases and investments in Asia, the Middle East and the U.S. if Australia does not provide sufficient financial support.

Youth climate-change lawsuit targets Alaska LNG project

Eight young Alaska residents sued the state on Wednesday seeking to block a major natural gas project, the latest in a string of climate-change related lawsuits by youths arguing that government policies promoting fossil fuels violate their rights.

bp pauses gas-field talks with Venezuela as license expires

Oil major bp has paused discussions with Venezuela on the development of a gas project on the maritime border with Trinidad and Tobago following the expiration of a U.S. license to Venezuela in April.

Developer seeks permit to send U.S. gas to Mexico for LNG exports

A Mexican energy developer is seeking U.S. permission to export gas to Mexico, turn it into liquefied natural gas (LNG) and send it to countries with U.S. free-trade agreements.

Shell sees emerging Asian markets taking more of world's growing LNG supply

Shell expects its Australian supplies of LNG to help meet demand from emerging markets in south and southeast Asia, which are tipped to absorb some of the pick up in global supplies towards the end of this decade.

ADNOC to acquire 10% equity stake in major LNG development in Mozambique

ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.

Gato Negro Permitium Uno seeks U.S. DOE approval to ship gas to Mexico

Gato Negro Permitium Uno is seeking U.S. permission to export gas to Mexico, turn it into LNG and send it to countries with U.S. free-trade agreements.

Firm building QatarEnergy-Exxon LNG plant in Texas (U.S.) files for bankruptcy

The lead contractor building a Texas LNG plant for QatarEnergy and ExxonMobil on Tuesday filed for Chapter 11 bankruptcy protection, citing challenges at the project.

Lead contractor building Golden Pass LNG plant in Texas files for bankruptcy

On Tuesday, the lead contractor building a Texas liquefied natural gas (LNG) plant for QatarEnergy and ExxonMobil filed for Chapter 11 bankruptcy protection, citing challenges at the project.

Gas prices steady amid heavy Norway maintenance

Dutch and British wholesale gas prices were largely steady on Tuesday morning as the market was looking for any indication of potential extensions to Norwegian maintenance outages, which are at their heaviest this year so far.

Phillips 66 to buy Pinnacle Midland for $550 MM

Phillips 66 agreed to acquire Pinnacle Midland, a midstream company owned by private equity firm Energy Spectrum Capital, for $550 million in cash, expanding the U.S. refiner's natural gas gathering and processing footprint in the Midland Basin.

China LNG imports could hit record levels in 2024, says PetroChina

According to PetroChina, domestic LNG imports could reach between 78 MMtpy-80 MMtpy this year, with the industrial and commercial sectors driving demand.

Australia gas producers endorse govt strategy, warn of shortages this decade

Australia's energy producers endorsed a government strategy to boost natural gas development, but warned the country still faces new gas supply shortfalls this decade while markets remain volatile due to global conflicts.

Gulfstream LNG export terminal (U.S.) receives FERC approval

Gulfstream LNG, under development in Plaquemines Parish, Louisiana, announced that it has received the U.S. Federal Energy Regulatory Commission approval to commence the pre-filing permitting process, kicking off the regulatory review for its proposed 4-MMtpy modular export facility.

Johnson Matthey and thyssenkrupp Uhde join forces to offer an integrated solution for blue ammonia technology

Johnson Matthey and thyssenkrupp Uhde announced they have signed a Memorandum of Understanding to jointly offer a fully integrated low-carbon (blue) ammonia solution

ADNOC purchases stake/offtake from NextDecade LNG (U.S.)

ADNOC announced the acquisition of a 11.7% stake in Phase 1 of NextDecade's Rio Grande LNG, along with a 20-yr LNG offtake agreement from Train 4.

Chart Industries to supply key liquefaction equipment for Cedar LNG project

Chart Industries has been chosen to supply critical liquefaction equipment, including the natural gas liquefaction cold boxes and brazed aluminum heat exchangers, to the Cedar liquefied natural gas (LNG) project.

CoolCo, GAIL enter into long-term charter for newbuild LNG carrier

Cool Company Ltd. (CoolCo) has entered into a 14-yr time charter party with GAIL (India) Ltd. for one of the CoolCo’s two newbuild LNG carriers currently under construction. CoolCo will deliver the newbuild to GAIL in the Gulf of Mexico, with the 14-yr time charter commencing in early 2025.

Russia and China to sign Power of Siberia-2 gas pipeline contract 'in near future'

Russia and China expect to a sign a contract "in the near future" on the Power of Siberia-2 gas pipeline, which will carry Russian gas to China.

Natural gas flows to Freeport LNG in Texas (U.S.) at 5-month high

Natural gas flowing to Freeport LNG's export plant in Texas was on track to hit a five-month high, with a liquefaction train expected to return from a brief upset.