storage
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.
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.
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.
Excelerate Energy improves FSRU operations with Wärtsilä Gas Solutions reliquefaction retrofit project
Excelerate Energy Inc. has entered into an agreement with Wärtsilä Gas Solutions, part of technology group Wärtsilä, to purchase a reliquefaction system for retrofit installation onboard one of Excelerate’s floating storage regasification units (FSRUs).
GTI Energy launches SUSTAIN H2 to accelerate underground hydrogen storage development
GTI Energy has introduced SUSTAIN H2, a new collaboration designed to fast-track the deployment of underground hydrogen (H2) storage (UHS) technologies. This effort will bring together researchers, policymakers, regulators and industry leaders to bridge the critical gap between H2 storage research and application.
ORLEN secures EU grant for hydrogen projects
The international HySPARK project, led by ORLEN in collaboration with a consortium of 17 global partners, has become the first in Poland to receive funding from the EU Clean H2 Partnership program. Close to €9 MM will be allocated to the production and testing of H2-powered vehicles for Chopin Airport and Warsaw’s public transportation system.
Poland's Orlen signs Lithuania deal to boost LNG deliveries
Polish refiner Orlen signed a five-year agreement with Lithuanian oil and gas logistics firm KN Energies for exclusive use of a waterfront LNG transshipment station in Klaipeda.
Rohe Solutions begins bio-LNG production at the Hamina LNG terminal
Rohe Solutions started the production of Bio-LNG (liquefied biomethane) at the Hamina LNG terminal in Finland. Bio-LNG is produced using biomethane from the gas grid in a process called liquefaction from the grid.
Maire completes carbon capture plant for Eni's natural gas treatment in Italy
MAIRE, through its subsidiaries NEXTCHEM (Sustainable Technology Solutions) and KT (Integrated E&C Solutions), acted as technology integrator and completed the full engineering, procurement and construction works for a carbon plant at the ENI natural gas treatment plant of Casalborsetti, near Ravenna, Italy.
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.
NextDecade withdraws carbon capture and storage application at FERC
NextDecade Corporation announced that its subsidiary Rio Grande LNG, LLC withdrew its application at the Federal Energy Regulatory Commission (FERC) for the proposed carbon capture and storage (CCS) project at the Rio Grande LNG facility and requested that the FERC terminate the CCS proceeding.
James Fisher Fendercare conducts first LNG ship-to-ship transfer off the coast of Southwold, UK
Ship-to-ship (STS) transfer provider, James Fisher Fendercare (JF Fendercare)—part of James Fisher and Sons Plc.—has successfully completed the first liquefied natural gas (LNG) STS transfer off the coast of Southwold, UK, for an energy major, delivering a safe and efficient solution.
ADNOC, PETRONAS and Storegga to collaborate on offshore carbon capture and storage in Malaysia
PETRONAS, ADNOC and Storegga announced the signing of a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide emissions storage capabilities of saline aquifers and the construction of carbon capture and storage (CCS) facilities in the Penyu basin, offshore Peninsular Malaysia.
Column: Europe's gas surplus has mostly been eliminated
Europe's record gas surplus inherited from the winter of 2023/24 has been largely eliminated following an unusually small accumulation of inventories so far in the summer of 2024.
China’s natural gas consumption, production and imports all increased in 2023
In 2023, 7%, or 2.6 billion cubic feet per day (Bcfd), more natural gas was consumed in China than in 2022, after a decline of 1.1% in 2022 when economic growth was slower, mainly due to China’s zero-COVID policies, leading to a reduction in natural gas consumption.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
