storage

Europe's skimpy gas storage under scrutiny as Qatar halts LNG flows

A combination of new gas storage rules, high natural gas prices, above-normal winter temperatures and subdued regional economic activity prompted Europe's gas storage operators to deplete stockpiles to well below normal this winter.

ExxonMobil starts operations on second carbon capture project in Louisiana (U.S.)

We are now transporting and storing captured CO2 from the New Generation Gas Gathering (NG3) project in Gillis, Louisiana. NG3 is our second active commercial carbon capture and storage (CCS) operation in Louisiana. CCS application differentiates Louisiana’s core industries, including LNG, and p..

Enagas selects Emerson to monitor, operate and optimize Spain's gas transmission network

Emerson announced its AspenTech Digital Grid Management solutions are being used by Enagas to monitor, operate and optimize Spain’s gas transmission network. As Spain’s national gas grid operator, Enagás relies on Emerson’s software to support the continuity, safety and security of the country’s nat..

GTT receives order from Samsung Heavy Industries for the tank design of two new very large ethane carriers

GTT announces that it has received, in the first quarter of 2026, an order fromSamsung Heavy Industries shipyard for the tank design of two new Very Large Ethane Carriers (VLECs) on behalf of an Asian ship-owner. Each vessel will offer a capacity of 100,000 m³ and will feature cryogenic tanks desig..

Europe's gas storage is draining, but prices reflect no urgency

Replenishing underground storage has become a central feature of Europe's gas market - and by extension, the international liquefied natural gas (LNG) market - ever since Russian pipeline flows collapsed following Moscow’s invasion of Ukraine nearly four years ago.

Noble Gas Systems receives U.S. DOT Special Permit Authorization

Noble Gas Systems Inc., a global leader in conformable pressure vessel technology, has become the first producer of non-carbon fiber conformable gas storage systems to pass ISO-11119-3 requirements and secure a U.S. Department of Transportation (DOT) Special Permit.

Galveston LNG Bunker Port, TOTE Services to advance LNG bunker vessel fleet on U.S. Gulf Coast

This partnership supports the expansion of the Jones Act LNG bunker fleet and domestic maritime capabilities while delivering cleaner, lower-emissions fuel across the Gulf Coast.

ADNOC Gas to invest more than $20 B to raise gas processing capacity by almost 30%

ADNOC Gas will invest more than $20 billion to increase its gas processing capacity by almost 30% by 2029, its CEO Fatema Al Nuaimi said on Tuesday at the India Energy Week conference. ADNOC Gas is a subsidiary of Abu Dhabi's state oil giant ADNOC. Although the nation is steadily increasing alte..

Boardwalk positions for the next era of natural gas storage growth

Gulf South Pipeline Company, a subsidiary of Boardwalk Pipelines, today announced the launch of an open season for new firm natural gas storage capacity at its flagship Petal Gas Storage complex. This announcement highlights Boardwalk's leading storage footprint and outlines a bold vision to meet th..

European gas prices rebound on low storage levels, weak LNG flows

Dutch and British gas contracts rose on Tuesday morning, with attention again turning to gas storage, which is now half empty, weaker flows of liquefied natural gas (LNG), and the deterioration in the relationship between the U.S. and Europe.

CB&I awarded EPC contract for two LPG storage spheres in Canada

Horton CBI, Limited (Horton CBI), a wholly-owned subsidiary of CB&I, announced that it has been awarded a sizable contract for the engineering, procurement, fabrication, and construction (EPFC) of two liquefied petroleum gas (LPG) Hortonspheres® by a leading Canadian infrastructure company, for whom..

European benchmark hits 7-week high on cold, low storage, geopolitics

Intensified geopolitical tensions on reports the United States is considering military and cyber options against Iran has raised the risk of potential disruptions to LNG supply chains.

U.S. natural gas prices surge 4% to 35-month high in cold snap

U.S. natural gas futures climbed about 4% to a fresh 35-month high as homes and businesses continued to crank up their heaters to escape a week of extreme cold, while flows to liquefied natural gas (LNG) export plants remained near record highs.

Enbridge: More capacity expansions in ‘store’ for U.S. Gulf Coast

Domestic demand. Offshore demand. Abundant North American supplies. And, amid these substantial market forces, somewhere to store it. Between escalating LNG feed gas demand, growing American reindustrialization and surging data center requirements, natural gas is a very hot commodity at the moment...

Harvest Midstream acquires Kenai LNG in Alaska (U.S.), plans import terminal

Harvest Midstream (Harvest) announced it has closed the acquisition of the Kenai LNG facility in Nikiski, Alaska, advancing its February 2025 plan to redevelop existing LNG infrastructure to strengthen Southcentral Alaska's energy security and provide reliable, market-responsive energy solutions for..

Japan to step up LNG purchases for emergency reserve from January

The reinforcement of the country's Strategic Buffer LNG (SBL) program, run by the Ministry of Economy, Trade and Industry (METI), will ensure at least one LNG cargo - about 70,000 metric tons (t) - is secured each month to mitigate supply risks.

Before greenlighting Lake Charles LNG, Energy Transfer seeks 80% equity selldown

U.S. pipeline operator Energy Transfer will not give its Lake Charles LNG export facility in Louisiana a financial go-ahead until 80% of the project has been sold to equity partners, company executives said on a post-earnings call. Energy Transfer has been developing the 16.5-MMtpy LNG export facil..

Emerson’s new tank monitoring hub optimizes inventory management and operational efficiency

The insights provided by the hub help to optimize inventory management, leading to improved decision-making, increased operational efficiency and reduced costs.

U.S. natgas prices jump 4% to 6-month high as record LNG export flows boost demand

Record output earlier this year allowed energy companies to inject more gas into storage than usual.

China drives global underground gas storage growth, International Gas Union says

Working gas volume refers to the volume of natural gas that can be actively injected into and withdrawn from storage facilities to meet demand.

RINA awarded FEED contract for PETRONAS' flagship CCS project in Malaysia

RINA, the global engineering consultancy, inspection and certification group, has been awarded the front-end engineering design (FEED) contract by PETRONAS CCS Ventures Sdn. Bhd. (PCCSV), a wholly owned subsidiary of Petroliam Nasional Berhad (“PETRONAS”), for the Southern Onshore Facilities of Mala..

European prices rangebound on stable demand, strong LNG flows

Dutch and British gas prices were slightly up on Thursday morning, trading in a narrow range, on stable demand and strong flows of liquefied natural gas (LNG). The benchmark Dutch front-month contract at the TTF hub was up 0.35 euro at 32.18 euros per megawatt hour (MWh), or $10.99/MMBtu, by 0810 G..

U.S. ethane exports are expected to grow through 2026

U.S. ethane exports are poised for significant growth through 2026, driven by robust global demand for ethane as a petrochemical feedstock, substantial U.S. export capacity expansions, and larger vessels to carry ethane exports. In the EIA’s October Short-Term Energy Outlook, we forecast U.S. ethane..

Uniper study: Full gas storage facilities are a protective shield for the German economy

The fourth quarter of 2025 and the first quarter of 2026 would be particularly critical, when high consumption peaks meet weaker consumption and lower exports.

Falcker, Vopak sign agreement for worldwide deployment of advanced tank inspection platform

Inspection and maintenance software specialist, Falcker, and Vopak, the leader in tank storage and infrastructure solutions, have signed an agreement for worldwide deployment of Falcker's advanced tank inspection platform. Falcker developed, in collaboration with Vopak, a tank inspection platform co..

U.S. propane inventories are well stocked heading into the winter heating season

Propane inventories reflect supply and demand balances. Propane demand is greatest in the winter months because propane is used as the main heating fuel in about 5% of U.S. homes, primarily in the northern parts of the Midwest and Northeast.

European Union's U.S. gas use set to soar, increasing price volatility

U.S. LNG exports saved Europe from a deeper gas crisis in 2022, but that growing reliance has created unease as the Trump administration hit trading partners, including the EU, with tariffs this year.

Sponsored: An innovative insulation solution for enhanced performance in industrial applications

In industrial settings, corrosion under insulation (CUI) is a pervasive and costly problem. Traditional insulation systems, often made from mineral-based materials, can trap moisture against steel surfaces.

Russia's largest attack on Naftogaz deals critical damage to Ukraine’s gas production sites

Russia fired 35 missiles and 60 drones at facilities of state gas and oil company Naftogaz in the Kharkiv and Poltava regions overnight.

Black Bayou wins regulatory approval for underground gas storage in Louisiana (U.S.)

The project, situated close to existing and planned liquefied natural gas (LNG) plants, accepted a certificate of public convenience and necessity from the Federal Energy Regulatory Commission (FERC) in August after a review by the regulator concluded there would be no significant impact on the environment.