Regions
Thailand's PTT in advanced talks with Qatar for LNG deal
Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas supply deal.
Trinidad and Tobago signs preliminary LNG agreement with Suriname
Suriname said it signed a memorandum of understanding with Trinidad and Tobago that aims to increase energy cooperation, and people familiar with the matter said it could lead to natural gas from Suriname being piped to Trinidad and Tobago.
Canada's first LNG terminal in 'encouraging' talks with British Columbia on electrification
The CEO of LNG Canada, the Shell-led liquefied natural gas export project in British Columbia, said discussions with the province about electrifying a second phase of the terminal have been "encouraging" but building new power transmission infrastructure remains a long way off.
Europe’s gas storage is filling too fast
Europe’s gas storage is filling more slowly after prices fell sharply in the first half of the year, but a further slowdown will be needed to prevent space running out before the start of winter 2023/24.
Svanehøj and Engie team up to enhance offshore LNG safety on FSRUs
LNG storage involves managing significant safety risks, but data on the behavior of LNG in Floating Storage and Regasification Units is lacking. Now, tank control system specialists from Svanehøj and energy researchers at Engie Lab Crigen have joined forces to develop more effective safety measures.
Baker Hughes to supply 3 liquefaction trains for NextDecade’s Rio Grande LNG Project
Baker Hughes announced it has been awarded an order by Bechtel Energy Inc., to be booked in the second quarter of 2023, to supply three Main Refrigerant Compressors for NextDecade’s Rio Grande LNG project in the Port of Brownsville, Texas.
China imports more LNG but not enough to drive spot prices
China's imports of liquefied natural gas rose to a five-month high in June but tepid demand in the rest of the top-importing continent has kept a lid on spot prices.
Italian court further delays decision on Tuscan LNG terminal
An Italian administrative court has postponed until Dec. 20 a decision on whether a liquefied natural gas terminal in the Tuscan port of Piombino meets all safety requirements, the city's mayor said.
U.S. June LNG exports fall 10% on maintenance cuts, weaker demand
U.S. exports of liquefied natural gas fell 10% in June to 6.82 mt, from 7.58 mt the previous month, as plant maintenance curbed output and European demand slid, according to preliminary data.
India in talks to supply green hydrogen to EU and Singapore
India has discussed a possible deal to supply more than 11 million mtpa of green hydrogen to the European Union and Singapore, who in turn would invest in these Indian clean energy projects, three government officials and one industry source said.
Mexico Pacific signs 20-year LNG supply deal with China's Zhejiang Energy
Mexico Pacific Ltd has struck a 20-year deal to sell a million metric tons of liquefied natural gas a year from its Saguaro Energia export plant in Sonora state to China's Zhejiang Energy.
India mulls bilateral deals for green hydrogen-linked carbon credits
India is considering bilateral agreements with countries such as Japan to allow them to use carbon credits linked to green hydrogen production in India in exchange for investment and purchase deals, two government sources and one industry source said.
Weak gas prices worsen outlook for Gazprom's revenues from sales to Europe
Weak gas prices have lowered expectations for Gazprom's revenues, which the Kremlin-controlled energy giant generates from sales to Europe, according to analysts and Reuters calculations.
U.S. Dept of Energy grants export license to Gulfstream LNG
Gulfstream LNG Development has received an export authorization from the U.S. Department of Energy to advance its proposed liquefied natural gas export plant in Louisiana.
Venture Global LNG seeks approval to speed up plant construction
LNG developer Venture Global LNG asked U.S. regulators for expedited review of a request to add construction workers to its Plaquemines LNG export project and to allow work around the clock seven days per week.
Cheniere Energy returns Louisiana LNG export plant to full production
Cheniere Energy Inc's Sabine Pass LNG export facility returned to full production this week after undergoing maintenance.
MAN Energy Solutions and Shell join forces to drive decarbonization solutions
MAN Energy Solutions and Shell have agreed a Memorandum of Understanding to explore the potential of combining their individual competencies and technologies to achieve their climate goals and support their customers in their decarbonization efforts.
U.S. natural gas prices up 2% on rising LNG feedgas, lingering hot weather
U.S. natural gas futures climbed about 2% as the daily amount of gas flowing to liquefied natural gas export plants increases, rising prices in Europe, and on forecasts for hotter-than-normal U.S. weather to continue through mid-July, especially in Texas.
Greek gas grid says 27 companies interested in booking future capacity
Greece has received interest from 27 U.S. and European companies in booking future capacity at its gas grid, which would allow them to import and export gas to Europe via the country in the coming decades, says grid operator DESFA.
Sinopec's first green hydrogen plant starts production in Xinjiang
China's Sinopec has begun producing green hydrogen at a plant in the western region of Xinjiang, the company said.
Centrica boosts UK gas storage for next winter, warns against complacency
British energy firm Centrica said it had increased storage capacity at the UK's largest gas storage facility to 54 bcf to help boost resilience next winter, warning gas markets remain volatile.
Russian piped gas exports to Europe up 3.6% m/m in June
Pipeline natural gas exports to Europe by Russia's Gazprom in June rose by 3.6% from May despite repair work on the TurkStream pipeline, according to calculations based on volumes supplied via Ukraine and TurkStream.
Asia spot LNG prices flat as demand remains tepid
Asian spot liquefied natural gas prices remained flat as demand remains muted and inventories are high.
ADNOC awards Petrofac $700-mm EPC Project
Petrofac has been selected by the Abu Dhabi National Oil Company subsidiary, ADNOC Gas Processing, to undertake a significant new Engineering, Procurement and Construction project at its Habshan Complex.
TechnipFMC awarded significant iEPCI for OMV’s Berling gas development
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation contract by OMV AS for its Berling gas development project.
Malaysia's Petronas sees domestic oil, gas output peaking by 2024
Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said.
Norway approves more than $18 B in oil, gas investments
Norway's government said it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.
Japan's Mitsui OSK gets approval for liquefied CO2 vessel, floating storage unit
Japanese shipping company Mitsui O.S.K Lines has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit from the American Bureau of Shipping.
Spain raises bet on green hydrogen, biogas in draft plan
Spain will double its 2030 biogas production target and almost triple its green hydrogen goal as part of a broad upgrade of its energy and climate ambitions, a draft of the government's strategy showed.
BCCK offers Nitech-style IV nitrogen rejection units in West Texas, featuring innovative tech
BCCK, a leader in engineering, procurement, fabrication and field construction services, has expanded its footprint in the Permian Basin with its NiTech Style IV dual column nitrogen rejection unit 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
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
- 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
- U.S. LNG exports primed to jump as price arb to Europe opens wide
