Processing/LNG
Germany's Stade LNG Project Set for February Arrival of Floating Terminal
Germany's emerging LNG terminal in the Elbe river port of Stade expects its floating regasification vessel (FSRU) to arrive in February, allowing seaborne gas cargoes to be fed into local pipeline grids, its management said on Wednesday.
Some LNG Vessels Avoid Passing Yemen as Red Sea Attacks Increase
Several liquefied natural gas (LNG) vessels have changed their courses in recent days to avoid the Red Sea region amid maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.
FERC Approves $1.2 Billion PJM Settlement for Outages During 2022 Storm
The Federal Energy Regulatory Commission (FERC) on Tuesday approved a $1.2 billion settlement between PJM Interconnection and more than 80 parties that resolved complaints stemming from a massive outage during a 2022 winter storm.
Congo LNG Project Boosts Drive for Viable Gas Economy
(P&GJ) — The Republic of Congo is among the African countries making progress in harnessing natural gas for export as LNG, as well as meeting the energy demands of an increasing population — now estimated at 6 million — and expanding its installed electricity capacity of 600 MW by 2018.
Santos Advances Barossa Gas Project with Drilling Nod, Pipeline Fate Entangled in Legal Dispute
Australian oil and gas major Santos said on Monday it had received approval for a revised drilling plan at its $4.3 billion Barossa gas project, although the fate of a pipeline to take gas to shore remains locked in a legal dispute.
QatarEnergy CEO Anticipates Imminent LNG Supply Deals in Asia and Europe
QatarEnergy expects to agree new long-term LNG supply deals in Asia and Europe, with several "imminent", its chief executive told Reuters.
BlackRock Ends Talks with Exxon for Italy LNG Terminal Sale, Vitol Still in the Race
Asset manager BlackRock Inc. has bowed out of talks to acquire ExxonMobil Corp.'s majority stake in Italy's main LNG import terminal, three people with knowledge of the matter said.
Freeport LNG Settles with EPA Over Safety Failures Following June 2022 Texas Blast
Freeport LNG, which operates the second-largest U.S. liquefied natural gas export plant in Texas, agreed with the U.S. Environmental Protection Agency to settle safety violations related to a June 2022 blast that caused some $275 million in damage to the facility.
Shell's Gas Project License Talks with Venezuela Hinge on Dispute Over Future LNG Prices
A disagreement between Shell and Venezuela's state company PDVSA over future LNG prices has gridlocked talks on a license for Shell and Trinidad and Tobago's National Gas Company to operate a Venezuelan gas field, two people close to the negotiations said.
Germany's SEFE Urgently Seeks U.S. Approval for Venture Global's CP2 LNG Project Amidst Russia Gas Pipeline Crisis
The German state-owned Securing Energy for Europe GmbH (SEFE) has become the third company to seek approval from the U.S. energy regulator for liquefied natural gas (LNG) developer Venture Global to begin construction on its CP2 LNG project in Louisiana.
Pembina Pipeline Acquires Enbridge's Interests in Alliance Pipeline, Aux Sable for $3.1 Billion
(P&GJ) — Enbridge Inc. has entered into a definitive agreement to sell its 50% interest in Alliance Pipeline and its 42.7% interest in Aux Sable to Pembina Pipeline Corp. for a purchase price of $3.1 billion, including non-recourse debt at Alliance of approximately $0.3 billion.
Exolum to Acquire 50% Stake in Houston Ammonia, NGL Storage Terminal from Moda Midstream
Exolum has agreed to acquire a 50% interest in Vopak Moda Houston LLC, an ammonia storage, import and export terminal located on the Houston Ship Channel, from Moda Midstream LLC.
EIA Forecasts 20 Bcf/d Boost for U.S. LNG Export Terminals with New Pipelines
More than 20.0 billion cubic feet per day (Bcf/d) of natural gas pipeline capacity is under construction, partly completed, or approved to deliver natural gas to five U.S. LNG export terminals that are currently under construction, according to the EIA.
BP Takes On FERC, Alleges Approval Flaws for Venture Global LNG Plant
BP Plc has challenged U.S. energy regulators' approvals of a Venture Global LNG export facility, arguing the Federal Energy Regulatory Commission (FERC) has failed to enforce its regulations, according to a letter filed with FERC on Monday.
Glenfarne's Texas LNG, ABB Ink Deal for Core Equipment in Port of Brownsville Project
(P&GJ) — Texas LNG, a four million tonnes per annum LNG export terminal to be constructed in the Port of Brownsville, and ABB have signed a memorandum of understanding to collaborate on core automation and electrical equipment for the new facility.
LNG Developer Tellurian Names New President as Shakeup Continues
Tellurian said on Monday it appointed a new president and general counsel, days after the U.S. liquefied natural gas (LNG) developer ousted co-founder Charif Souki as chairman.
Inpex, JERA Urge FERC to Approve Venture Global's CP2 LNG Project in Louisiana
JERA's letter to the U.S. Federal Energy Regulatory Commission (FERC) dated Friday, which followed Inpex's letter on Thursday, reiterated the role of the CP2 LNG project in securing Japan's energy supply.
U.S. LNG Developer Tellurian Ousts Co-Founder Souki as Chairman
Tellurian ousted its chairman and co-founder Charif Souki as an executive officer, the U.S. liquefied natural gas (LNG) developer said on Friday, weeks after auditors raised doubts about the company's ability to cover future expenses.
Mexico Pacific Inks 20-Year LNG Supply Deal with Woodside Energy
Woodside Energy said on Wednesday it has signed a deal with energy company Mexico Pacific to purchase 1.3 million tonnes of LNG per annum for two decades to beef up production and optimize operations.
Exxon Outlines $27 Billion Annual Project Spending; Golden Pass LNG Plant Set for 2025 Start-Up
Exxon Mobil will target annual project spending of between $22 billion and $27 billion through 2027, the oil major said in an update on Wednesday that largely continues existing spending and production goals.
Italy's Saipem Completes Exit from Russia's Arctic-2 LNG Project
Italian energy engineering and construction group Saipem is no longer involved in Arctic-2 LNG, a massive Russian project to build an LNG production site in the Arctic, which was targeted by U.S. sanctions last month.
Woodside in Talks with Santos to Form $52 Billion Australian Gas Giant
Australia's Woodside Energy and Santos said they were in preliminary talks on Thursday to create a $52 billion global oil and gas giant as consolidation among international energy firms intensifies.
Nigeria's NNPC Signs Two LNG Deals for Local, Foreign Markets
Nigeria's state oil firm NNPC Ltd. said on Wednesday that it has secured two agreements to expand its LNG portfolio for both the domestic and international markets.
Venture Global LNG Expects Extended Start-Up at Second Plant, Says CEO
A Venture Global LNG export plant due to begin operating in 2024 will undergo a lengthy startup similar to its Calcasieu Pass LNG facility, with customers likely to receive their first cargoes in 2026 at the earliest, CEO Mike Sabel told Reuters.
Kinder Morgan Forecasts 11% Profit Increase for 2024 on Growing Demand
Kinder Morgan on Monday forecast higher 2024 earnings as the U.S. pipeline operator bets on increased demand for transporting crude oil and gas liquids.
Trinidad's Atlantic LNG Restructuring to Shrink Shell's Stake, Boost BP's
Shell's ownership in Trinidad and Tobago's Atlantic LNG facility will shrink, while BP and Trinidad's state-owned National Gas Co. will increase their stakes in a restructuring agreement to be signed this week, according to three people familiar with the matter.
ConocoPhillips Restarts Production, Cargo Loading at Australia Pacific LNG After Resolving Tanker Issue
Production of LNG and the loading of cargoes have resumed at Australia Pacific LNG (APLNG), said operator ConocoPhillips, after a loaded tanker that was stuck at the facility was moved.
U.S. LNG Exports in November Approach Record Levels Amid Higher Output
U.S. liquefied natural gas (LNG) exports in November rose to the second highest monthly production level on record, 7.99 million metric tons of the superchilled gas, according to tanker tracking data.
Cambodia Scraps Coal Power Project to Build Gas-Fired Plant, Import LNG
Cambodia has abandoned plans to build a $1.5 billion 700 megawatt (MW) coal-fired power project in a protected reserve along the southwestern coast and will build an 800 MW natural-gas fired plant instead, its energy minister told Reuters.
Cambodia Ditches Coal Project in Favor of LNG-Fueled Power Plant
As part of the project, Cambodia is exploring construction of a liquefied natural gas (LNG) terminal to import the super-chilled fuel and re-gasify it for use in the power plant, Energy Minister Keo Rottanak told Reuters.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- U.S. to Acquire 3 Million Barrels of Oil for Emergency Reserve in September
- AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal
- BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019
- Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector
