storage
Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal
Petronas said it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd., to collaborate on a carbon capture and storage project in Malaysia.
Israel's gas reserves grew by 40% over past decade
Israel's natural gas reserves have grown by 40% over the past decade due to increased drilling and exploration activities, an industry report said, even as production soared.
U.S. natural gas futures slip after bigger-than-expected storage build
U.S. natural gas futures eased into a narrow range after a government report showed a bigger-than-usual storage build last week, overshadowing support from forecasts for warmer weather.
Finland's LNG import terminal fully booked for Q2 and Q3
Finland’s floating storage and regasification unit is fully booked for liquefied natural gas imports in the second and third quarters this year.
Ukraine has collected 9.3 bcm of gas for 2023/24 heating season so far
Ukraine is continuing to pump natural gas into underground storage facilities, collecting 9.3 billion cubic meters (bcm) for the 2023/24 heating season, Ukrainian energy ministry said.
Russia's Gazprom plans record domestic winter gas storage capacity
Russian energy giant Gazprom plans to boost natural gas reserves in domestic storage to a record-high next winter as its output and exports fall.
U.S. natgas falls on bets for bigger-than-expected storage build
U.S. natural gas futures fell and were bound for their first daily decline in four days on expectations of a bigger-than-expected injection into gas inventories.
Philippines' First Gen seeks one LNG cargo for FSRU commissioning in Sept
Philippine power producer First Gen Corp will issue a tender probably in the next two weeks for one LNG cargo for delivery in September.
Enbridge acquires gas storage facility in British Columbia for $295 MM
Canadian pipeline operator Enbridge Inc said it would acquire Aitken Creek natural gas storage facility in British Columbia from FortisBC Holdings Inc for $294.68 MM.
US nat gas futures ease 1% to 2-wk less cold forecasts
U.S. natural gas futures slid about 1% to a two-week low on Friday on forecasts for less cold weather and lower heating demand over the next two weeks than previously expected.
Energy firms bet big on carbon capture projects in U.S., Canada
Many energy companies in North America are investing in carbon capture technologies/projects. The following are several that are being implemented in the region.
Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico
Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico
Asian spot LNG prices continue to decrease
Asian spot LNG prices continued their downtrend this week, hitting the lowest level since July 2021, due to tepid demand which is expected to last until the end of March.
U.S. nat gas futures rose 3% on more feedstocks flowing to LNG terminals and increased heating demand
U.S. natural gas futures rose about 3% to a five-week high on Friday, with the amount of gas flowing to U.S. LNG export plants set to hit a daily record high and on forecasts for colder weather and higher heating demand in two weeks than previously expected.
WFW advises Hoegh LNG on refinancing options for German FSRUs
Watson Farley & Williams advised Höegh LNG on the refinancing of the Höegh Esperanza and Höegh Gannet FSRUs that will service Germany’s new FLNG terminals in the North Sea ports of Wilhelmshaven, Lower Saxony and Brunsbüttel, Schleswig-Holstein.
Europe slashed winter gas use amid energy crisis
European countries slashed their gas use from August to January, as unusually warm weather curbed household heating, soaring prices curtailed industrial output and governments launched emergency measures to contain the energy crisis.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vaisala seeks to remove greenwashing from carbon capture with new measurement solution
- 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
