storage
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.
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.
- 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
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Indonesia regulator confirms disruption at bp's Tangguh LNG project
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
