Processing/LNG

LNG Investments Vanish in 2020 as Coronavirus Slashes Oil and Gas Prices

For the first time in nearly two decades, some analysts believe that no new LNG export projects could be approved this year as the global coronavirus pandemic has destroyed oil and gas prices.

Hungary Signs Gas Deal with Shell, its First in the West

Hungary has signed a six-year deal to purchase 250 million cubic meters of LNG from Shell, its first gas deal with a western company.

Chevron Delays Restart of Gorgon LNG Train for Additional Repairs

Chevron is delaying the restart of Train 2 at its Gorgon LNG plant in Western Australia until October to allow for additional repairs.

San Mateo Midstream Provides Pipeline, Black River LNG Updates

San Mateo midstream provided updates on Tuesday to several of its ongoing pipeline projects as well as on the expansion of its Black River LNG plant in New Mexico.

U.S. Department of Interior Requests Expedited Environmental Reviews for Energy Projects from Trump Administration

The U.S. Department of Interior has asked the Trump Administration to fast track environmental reviews for several major energy and infrastructure projects, including LNG facilities and pipelines.

Brazil's Lower House to Vote on End to Petrobras Virtual Gas Monopoly, Encourage Pipelines

The lower house of Brazil's parliament is set to vote soon on legislation that would end the state-owned energy company Petrobras' virtual monopoly of the natural gas industry, opening up the sector, including pipelines, to private investment.

Cheniere Says no Storm Major Damage to Sabine Pass Facility, Pipelines

Cheniere Energy, the largest U.S. LNG producer, said on Monday that the company's Sabine Pass LNG facility and pipeline assets were not significantly damaged by Hurricane Laura.

High Storage Levels Mean Weak Gas Prices Expected for European Winter

Analysts are expecting weak gas prices in the European market over the winter season as storage levels are already nearly full due to a sharp drop in demand early this year as countries went into lockdown to prevent the spread of the coronavirus.

Russia's Lukoil Suspends Uzbek Gas Exports to China Due to Weak Demand

An official from Russia's Lukoil said in a conference call on Friday the company has suspended gas deliveries to China from its projects in Uzbekistan due to weak demand amid the coronavirus pandemic.

U.S. Energy Exports Severely Disrupted by Hurricane Laura

Hurricane Laura severely impacted U.S. oil and gas exports this week as the Category 4 storm forced the closure of several facilities on the country's Gulf Coast.

Kinder Morgan Gets OK to Put Last Elba Island LNG Unit in Service

The Federal Energy Regulatory Energy Commission has granted a request from Kinder Morgan to put the final train at its Elba Island LNG plant into service.

Philippine Energy Chief Says LNG Projects Still on Track Despite Virus Delays

Four LNG import projects in the Philippines are still on track for approval despite "minor delays" due to the coronavirus pandemic, the country's energy secretary said on Thursday.

Phillips 66 Shuts More Louisiana Facilities, Pipelines as Hurricane Approaches

Phillips 66 announced it is closing additional facilities in Louisiana in preparation of Hurricane Laura's landfall on Wednesday evening.

Hurricane Laura Poses Biggest Storm Threat to U.S. Oil and Gas in 15 Years

The oil and gas industry is shutting down production at facilities on the Texas and Louisiana Gulf Coast at a rate not seen since 2005's Hurricane Katrina as the region prepares for Hurricane Laura.

Blackstone to Sell 40% Stake in Cheniere Limited Partnership

The Blackstone Group announced on Monday that it will sell about 40% of its stake in its limited partnership with Cheniere Energy.

Greece, Bulgaria Hail Deal Targeting Russia Gas Dominance

Greece and Bulgaria sought to reduce their reliance on Russian gas with the signing Monday of an agreement that will allow Bulgaria to participate in a planned LNG terminal in northeastern Greece.

Kinder Morgan Says Last Unit at Georgia Elba Island LNG Plant Ready

Kinder Morgan has asked regulators for permission to put its 10th and final train at Elba Island LNG facility in Georgia into service.

Mexico Asks Sempra to Build Second LNG Facility in Return for Approving Permit

The Mexican government has asked Sempra Energy to build a second LNG export facility in the country in return for approving a permit to build an initial facility.

Rule Allowing LNG Rail Shipments in U.S. Challenged in Court

A new PHMSA rule allowing for LNG shipments by rail, set to take effect in the coming days is being challenged by a group of environmental organizations.

U.S. Natural Gas Futures Jump to 8-Month High on Rising LNG Exports, Hot Weather

U.S. natural gas futures jumped to an eight-month high on Tuesday on rising liquefied natural gas (LNG) exports and forecasts for high air conditioning demand over the next two weeks.

Japan's Mitsui Cleared to Export Gas from West Australian Project

Japan's Mitsui & Co won an exemption from the Western Australian government on Monday to export gas from a new onshore field

Gas Pipeline to China's First Major Independent LNG Terminal Complete

Work has been completed on a subsea gas pipeline connecting the country's first major privately owned terminal with a local gas grid.

Alaska LNG Faced Challenges from Within State

Amid the state-led push for Alaska’s LNG project, the loudest challenges to the project’s environmental impact statement (EIS) within Alaska came from the city of Valdez and the Matanuska-Susitna Borough, both of which promoted sites within their own municipality as preferable to building the LNG terminal in Nikiski.

Canada Now Biggest Source of US Imports

Canada is the largest source of U.S. energy imports and the second-largest destination for U.S. energy exports behind only Mexico. Energy is an important component of trade between Canada and the United States.

Sempra Energy Says Cameron LNG Plant Launches Full Commercial Operations

Sempra Energy has announced that its $10 billion Cameron LNG export facility in Louisiana has entered full commercial operations.

Kinder Morgan Gets OK to Put 9th Unit at Georgia Elba LNG Plant in Service

Kinder Morgan has received approval from U.S. energy regulators to place the 10 liquefaction unit at its Elba Island LNG plant into service.

U.S. LNG Firms Take Steps to Add Export Capacity Despite Coronavirus

U.S. LNG companies have taken steps to increase export capacity even as a collapse in energy demand has collapsed around the globe due to the coronavirus pandemic.

BP Midstream Pipeline Volumes Fall 10% in Q2, Revenues Up

BP Midstream announced that pipeline volumes fell 10% in Q2 due to shrinking demand caused by the coronavirus pandemic while revenues for the company rose over the same period.

Cheniere Energy Accelerates LNG Plant Expansion Amid Q2 Profit Gains

Cheniere Energy is planning to accelerate the planned expansion of two of its LNG export facilities in Texas after being analyst profit estimates in Q2.

FERC to Decide on Marathon Alaska LNG Import Project by Year End

U.S. energy regulators said on Wednesday they plan to make a decision on Marathon Petroleum Corp’s plan to convert the Kenai liquefied natural gas export plant in Alaska into an import terminal by the end of the year.