Regions
Japan's Mitsubishi to acquire stake in Petronas LNG plant
Japanese conglomerate Mitsubishi will acquire a 10% stake in a natural gas facility operated by Malaysian state energy giant Petroliam Nasional for a 10-yr period.
Britain targets Russian LNG sector with fresh shipping sanctions
Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian liquefied natural gas (LNG), with the government saying it was using new legal powers for the first time to target LNG vessels directly.
Dixstone awarded CPI contract for Gabon LNG project
Dixstone has been awarded the construction, procurement and integration for the 700,000-tpy LNG Project in Cap Lopez, Gabon.
Vietnam's first LNG power plant to start commercial operations from April 2025, five months behind target
Vietnam's first power plant using solely liquefied natural gas (LNG) is expected to start commercial operations from April next year, five months later than the previous target date.
Fincantieri LNG-powered Star Princess launched in Monfalcone
The launch of Star Princess, the second LNG (liquefied natural gas) cruise ship that Fincantieri is building for Princess Cruises, took place today at the Monfalcone shipyard.
Tanker ships condensate from Russia's Arctic LNG 2 to port of Vitino
A tanker has begun making shipments of gas condensate to the Arctic port of Vitino from the Arctic LNG 2 project.
China to start up Guangdong LNG terminal, ExxonMobil has 20-yr access
China's Guangdong Energy Group is expected to start commercial operation of a new liquefied natural gas (LNG) receiving terminal in south China next week, which U.S. major ExxonMobil has agreed to use under a 20-yr agreement.
Technip Energies, JGC awarded FEED by ExxonMobil for the 18-MMtpy Rovuma LNG project in Mozambique
Technip Energies and JGC Corporation have been awarded the front-end engineering design for the 18-MMtpy Rovuma LNG project in Mozambique. The facility will be comprised of 12 fully modularized LNG trains of 1.5 MMtpy each.
Turkey's Botas in talks with Iran's national gas company for long-term supply
Turkish state energy company Botas said on Wednesday that it had held talks with Iran's national natural gas company NIGC for the long-term supply of natural gas from Iran to Turkey.
Column: Southeast Asia's bright gas demand outlook may disappoint
Southeast Asia is fast becoming a key growth market for natural gas, and on paper has an aggressive development pipeline for gas-fired power stations that if completed would ensure the region would be a major gas consumer for decades.
U.S. net natural gas exports remain flat in the first half of 2024
In the first six months of 2024, U.S. net natural gas exports (exports minus imports) averaged 12.6 Bft3d, 1% (0.1 Bft3d) more than the same period last year and 2% (0.3 Bft3d) less than in 2023, according to the U.S. Energy Information Administration’s (EIA) Natural Gas Monthly.
Spain increases green hydrogen goal
Spain has increased its target for green hydrogen (H2) production capacity in a sign of confidence in an industry that has seen some energy giants scale back plans due to high costs and uncertain demand.
Shell shelves Norway hydrogen project due to lack of demand
Shell has scrapped plans for a low-carbon hydrogen plant on Norway's west coast due to a lack of demand, the energy company said on Monday, days after Equinor cancelled a similar planned project in Norway.
Canadian natural gas prices fall to two-year low as storage fills
Canadian natural gas prices slumped to their lowest level in more than two years on Monday and are expected to remain under pressure for weeks, as storage levels in Alberta reach full capacity due to weak demand across North America.
TotalEnergies will supply 200,000 tpy of LNG to HD Hyundai Chemical until 2033
In line with its strategy to grow its long-term LNG sales, TotalEnergies announced the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tpy of LNG for 7 years starting from 2027.
Kimmeridge to halve stake in Louisiana (U.S.) LNG project after FID
Energy investment firm Kimmeridge Energy Management plans to reduce its stake in a Louisiana liquefied natural gas (LNG) export project to 51% down from 100% after it reaches a final investment decision (FID) next year.
Russia's Novatek suspends work on two LNG projects due to sanctions
Russian natural gas company Novatek has suspended work on the development of the Murmansk and Ob liquefied natural gas (LNG) projects due to pressure from western sanctions.
Dutch see rise in Russian LNG imports, urge further sanctions
Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions.
Hanwha signs MoU with GasLog to convert LNG propulsion to ammonia
Hanwha Power Systems signed a Memorandum of Understanding with GasLog to convert its LNG carrier propulsion system to an ammonia gas turbine.
Norway's Gassco restarts key gas export plant after maintenance
Norwegian gas infrastructure operator Gassco has restarted the Kaarstoe processing plant, a key hub for gas supplies to Germany, and is ramping up output following three weeks of maintenance.
Norway's Equinor scraps plans to export blue hydrogen to Germany
Norway's Equinor has scrapped plans to export blue hydrogen to Germany because it is too expensive and there is insufficient demand. Equinor and Germany's RWE signed a Memorandum of Understanding in January 2022 to build a hydrogen supply chain for German power plants to help reduce greenhouse gas emissions.
Berkshire Hathaway's Maryland Cove Point LNG export plant shut for maintenance
U.S. energy firm Berkshire Hathaway Energy shut its Cove Point liquefied natural gas (LNG) export plant in Maryland (U.S.) for about three weeks of annual autumn maintenance.
South Africa's Eskom, Sasol agree to explore LNG options
South African petrochemicals company Sasol and state power utility Eskom have agreed to jointly explore ways the country could use liquefied natural gas (LNG).
Uniper, ConocoPhillips agree to 10-yr natural gas supply deal
German energy company Uniper and U.S. oil and gas producer ConocoPhillips have agreed on a supply deal for up to 10 Bm3 of natural gas over the next 10 yr.
JBS USA and GreenGasUSA partner to transform renewable natural gas production
JBS USA, a leading global food producer, and GreenGasUSA have announced a new partnership to produce renewable natural gas (RNG) at multiple JBS beef and poultry processing facilities across the U.S.
Chevron not looking to invest in building US LNG plants
Chevron does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company's capital and it can easily sell its U.S. gas.
Technip Energies and KBR selected for a major LNG project by Lake Charles LNG
Lake Charles LNG has awarded a JV between Technip Energies and KBR an engineering, procurement, fabrication and construction contract for its 16.45-MMtpy LNG export terminal in Louisiana (U.S.).
Glencore signs offtake deal with KTG and Commonwealth LNG
Kimmeridge Texas Gas and Commonwealth LNG have entered into a Heads of Terms agreement with Glencore LTD, where Glencore will purchase 2 MMtpy of LNG for 20 yrs from Commonwealth, as well as equivalent natural gas supply from KTG under a netback agreement at international prices.
TotalEnergies signs LNG supply agreements with BOTAŞ and CNOOC
In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies has announced the signing of a heads of agreement (HoA) with BOTAŞ for the delivery of 1.1 MMtpy of LNG for ten years starting from 2027, and a 5-year extension of its sales and purchase agreement (SPA) with CNOOC for the delivery of 1.25 MMtpy of LNG to China until 2034.
LNG contracting off to a great start in 2024
Long-term LNG contracting activity is off to a strong start in 2024. Since the beginning of the year, 58 MMtpy of LNG SPAs (sales purchase agreements), capacity agreements and Heads of Agreements (HOAs) have been signed. This follows over 94 MMtpy of new LNG SPAs and HOAs agreed upon last year.
- 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
