storage
IEA: Global gas markets to remain tight on rising demand
Global natural gas markets will remain tight this year as demand rises and output grows more slowly than before the energy crisis of 2022 and the pandemic of 2020-2021, a quarterly report by the International Energy Agency (IEA) said.
Argentina's YPF signs deal with Indian firms to export LNG
Argentina's state-run oil company YPF signed a memorandum of understanding with three Indian firms to potentially export up to 10 MMtpy of liquefied natural gas.
FLNG Gimi receives first gas from the Greater Tortue Ahmeyim field
Golar LNG Limited announced that FLNG Gimi received feed gas from the bp-operated FPSO on the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced.
Trump lifts freeze on U.S. LNG export permit applications
President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's policies.
Trinity Gas Storage starts-up 24-Bcf gas storage facility in East Texas (U.S.)
Trinity Gas Storage announced the commencement of operations of Phase I at its state-of-the-art 24-Bcf gas storage facility in East Texas.
GreenGasUSA and Pilgrim’s Pride announce the commissioning of Sumter RNG project
At the Pilgrim’s Sumter processing facility, GreenGas is building upon existing methane capture capabilities and investment to convert biogas from wastewater streams, upgrading the biogas to pipeline quality RNG.
First-ever ammonia and propane co-loaded vessel completes voyage from U.S. to Europe
Trafigura, in collaboration with CF Industries, announced the completion of the first co-loaded ammonia and propane shipment operation of its kind. In early January, the Green Power Medium Gas Carrier (MGC) completed a single voyage from the U.S. to Europe loaded with ammonia from CF Industries and with liquefied petroleum gas (LPG or propane) in separate tanks.
Germany has enough gas for winter, storage operators say
Germany has sufficient gas in storage to cover demand over the current 2024/25 winter season, despite the end of Russian gas exports to central Europe on Jan. 1, storage operators' group INES said.
KT-Kinetics Technology, NEXTCHEM awarded contracts for Petronas hydrogen unit
KT-Kinetics technology will provide engineering, procurement, construction and commissioning services for a 38,000 m3/hr hydrogen production unit which is expected to be operational by the second half of 2028.
Britain's gas storage levels are worryingly low, Centrica says
Britain's gas storage levels are worryingly low, with less than a week's worth of gas in storage after a cold snap, energy company Centrica said on Friday while the government said there was no need for concern.
CB&I awarded lump-sum EPC contract for Ruwais LNG project in the UAE
CB&I announced that it has been awarded a lump sum contract by TJN Ruwais JV for engineering, procurement, and construction of two cryogenic tanks and associated civil, structural, mechanical and piping works for its Ruwais LNG project in the UAE.
Europe's LNG imports surge, but not at Asia's expense
Europe's imports of liquefied natural gas (LNG) surged to an 11-month high in December, but the gain didn't come at the expense of Asia, which also recorded higher arrivals.
U.S. EPA issues first underground injection permits for carbon storage in California (U.S.)
The U.S. Environmental Protection Agency (EPA) has issued its first Underground Injection Control (UIC) Class VI well permits in California, allowing for carbon sequestration at a site in Kern County.
European Commission says bloc can cope with halt of Russian gas flow
The European Commission played down the impact of a halt of Russian gas exports to Europe via Ukraine on Wednesday, saying the stop on Jan. 1 had been expected and that the bloc was prepared for it.
U.S. LNG gas demand hits record high on last day of the year
U.S. natural gas demand from LNG plants hit a record on December 31, 2024, climbing to 15.2 billion cubic feet in a sign of a strong year ahead from the startup of two new gas-processing plants.
Russia's Gazprom supplies first LNG to Italy
Russian energy giant Gazprom has delivered its first cargo of LNG to Italy from LNG Portovaya plant on the Baltic Sea, LSEG data showed on Wednesday.
Bureau Veritas, Samsung Heavy Industries Co., Ltd. announce partnership to develop carbon capture and storage solutions
Bureau Veritas Marine & Offshore is partnering with Samsung Heavy Industries Co., Ltd. to develop floating CO2 storage units and carbon capture and storage projects in the Republic of Korea, with the aim to significantly reduce green house gas emissions.
Germany's Wilhelmshaven LNG terminal will not operate in Q1, DET says
Germany's Wilhelmshaven LNG terminal, built in response to Europe's energy crisis, is currently not expected to handle any deliveries during the first quarter of 2025, according to a statement by its government-owned operator.
Air Liquide receives EU support for its large-scale renewable H2 ENHANCE project
Air Liquide received EU support to develop the first large-scale project for the production, liquefaction and distribution of low-carbon and renewable hydrogen from ammonia.
Technip Energies, GE Vernova awarded contract for Net-Zero Teesside Power project
Technip Energies, leader of a consortium with GE Vernova and construction partner Balfour Beatty – with the support of technology partner Shell Catalysts & Technologies – received Notice to Proceed by NZT Power Limited to execute a major(1) contract for the Net Zero Teesside Power (NZT Power) project in the United Kingdom.
INEOS-led Greensand to become first full-scale CO2 storage facility in EU
INEOS, the day-to-day operator, of ‘Greensand Future’ and its partners, Harbour Energy, and Nordsøfonden have announced the final investment decision (FID) to safely and permanently store carbon dioxide (CO2) from Danish emitters in a depleted oil field in the Danish North Sea.
Europe energy markets are well supplied but prices too high, SEFE CEO says
European energy markets are very well supplied but market prices are significantly higher than before, leading to Europe losing a competitive edge in the global economy, the head of nationalized German energy firm SEFE said.
Gas price shock set to add to Europe's industrial pain
Europe's struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas (LNG) intensifies, and the prospect of reduced Russian supplies looms.
Sembcorp Industries inks 10-yr LNG supply deal with Chevron's Singapore unit
Sembcorp Industries said its Sembcorp Fuels unit signed a deal with Chevron USA's Singapore unit to import up to 0.6 MMtpy LNG starting in 2028.
Goldman warns of likely Asia LNG price rise on European supply crunch
Asia prices of LNG could jump to above $20/mmBtuif European gas supply tightens this winter, an analyst at Goldman Sachs told reporters on Wednesday.
INEOS, Royal Wagenborg partner on CCS infrastructure in the EU
INEOS and Royal Wagenborg have signed a landmark agreement on the delivery of CO2 transportation. This multi-year agreement, a significant step towards advancing carbon capture and storage within the European Union, will see Royal Wagenborg supply a newly built CO₂ carrier dedicated to Project Greensand, led by INEOS with its partners Harbour Energy and Nordsøfonden.
Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
Linde Engineering has signed an agreement with NEXTCHEM to provide carbon capture technology to ADNOC's Hail and Ghasha project. Located in the United Arab Emirates (UAE), the project is one of the world’s largest offshore sour gas developments and aims to operate with net zero emissions.
JPMorgan looks to resume trading physical LNG
JPMorgan Chase is in talks to resume trading physical LNG after more than a decade. The bank has had talks with at least three projects under development in the Gulf Coast to get a long-term LNG supply.
U.S. natgas prices jump 8% on cooler weather, higher global gas prices
U.S. natural gas futures jumped about 8% to a one-week high on Thursday on forecasts for cooler weather and more heating demand over the next two weeks than previously expected and on rising prices for gas in global markets that should boost the value of U.S. liquefied natural gas (LNG) exports.
Japan expands LNG flexibility via cooperation with South Korea, Italy
Japan has agreed on Sunday to study cooperating with South Korea and Italy on procurement of LNG as the world's second-biggest LNG importer after China seeks greater flexibility while strengthening its energy security.
- ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure
- U.S. Department of the Treasury releases final rules for clean hydrogen production tax credit
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Nicor Gas celebrates its first renewable natural gas interconnection
- Phillips 66 outlines nearly $3-B capital program for 2025
