storage
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.
GFI LNG, Pilot LNG form JV to develop Salina Cruz LNG project in Mexico
The Salina Cruz LNG JV will develop, construct and operate an LNG bunkering and transshipment terminal in Salinas del Márquez, Salina Cruz, Oaxaca, Mexico. Strategically located on the Pacific side of the Panama Canal, the project is ideally positioned to supply North and Central American bunker and fuel markets.
Crowley accepts delivery of largest U.S.-flagged LNG bunker barge
Crowley has accepted delivery of the LNG bunker barge Progress, the largest U.S. Jones Act-compliant vessel of its kind, after construction was completed at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin (U.S.).
Turkey to sign long-term LNG purchase contracts
Turkey is set to finalise long-term contracts for LNG to cover the 2027-2037 period, aimed at securing approximately 5-6 billion cubic meters of LNG annually, will meet 12-13% of Turkey's energy needs.
German government signs off on hydrogen import strategy
Germany's government adopted a strategy for the import of hydrogen to help secure sustainable energy supply as it embarks on creating fossil fuel alternatives for large parts of its industry.
Argent LNG selects GTT onshore tank technology to develop its liquefaction facility in Louisiana (U.S.)
Argent LNG's phased development in Port Fourchon, Louisiana will include GTT, a cryogenic membrane containment system used in the transport and storage of liquefied natural gas (LNG).
EIA: Less natural gas consumption in Europe is keeping storage full
Consumption of natural gas in Europe consistently decreased since mid-2022, driven by a combination of mild winter weather and government policies aimed at reducing natural gas consumption.
U.S. DOE, ARCHES sign $12.6-B hydrogen hub project in California (U.S.)
The U.S. Department of Energy and ARCHES announced the official signing of a landmark $12.6-B agreement to build a clean, renewable hydrogen hub in California (U.S.).
Venice Energy welcomes underground gas storage expansion project in South Australia
The gas storage expansion project means that Venice Energy's terminal will be able to cover any forecast gas shortfalls in both Victoria and South Australia.
Freeport LNG in Texas to restart one train this week after Hurricane Beryl
Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.
Global LNG trade increased more than 1.6 Bcf/d in 2023
LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- 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
