Processing/LNG

Cheniere and Engie Increase Volume, Extend Term of LNG Agreement

Under the agreement, Engie has agreed to purchase approximately 0.9 MTPA of LNG from Cheniere on a free-on-board basis for a term of approximately 20 years, which began in September 2021.

TC Energy Offers 10% Stake in Coastal Gaslink Project to Indigenous Groups

TC Energy signed an option agreement to sell 10% stake in Coastal GasLink to Indigenous communities, in an attempt to give more authority to the groups who traditionally held the land for the pipeline project.

Remorseful Shell Abandons Russian Oil

Shell stopped buying Russian crude and said it would phase out its involvement in all Russian hydrocarbons from oil to natural gas over Ukraine, becoming one of the first major Western oil companies to abandon Russia entirely.

Enel Ready to Resume LNG Plan as Italy Steps Up Gas Hunt

Italy's biggest utility Enel is ready to dust off plans to build an LNG terminal in southern Italy as Rome steps up its efforts to find alternative supplies to replace Russian gas.

Europe's Plan to Wean Itself Off Russian Gas

The European Union laid out plans to cut its reliance on Russian gas by two-thirds this year and end it "well before 2030", in a bid to wrest countries free from depending on Moscow for energy.

Venture Global Says Shell to Buy LNG from Louisiana Plaquemines Plant

U.S. LNG exporter Venture Global LNG said that oil and gas major Shell has agreed to buy LNG produced at its proposed Plaquemines LNG export plant in Louisiana.

Hess CEO: Petroleum Reserve Releases Should Double, Quadruple to Aid Markets

Energy consuming nations should release more crude oil from their strategic reserves to bring down the skyrocketing price of petroleum products, the CEO John Hess said.

Exxon to Exit Russia, Leaving $4 Billion in Assets

The decision will see Exxon pull out of managing large oil and gas production facilities in Russia's Far East and puts the fate of a proposed multibillion-dollar LNG facility there in doubt.

EPIC Midstream Pioneers with Industry Leading ESG Standards for Pipeline Monitoring

EPIC’s cutting edge environmental and safety protections are possible through using fiber optics to monitor over 1,600 miles of its crude and NGL pipelines.

Germany in Talks With Uniper over LNG Terminal

The German government has asked utility firm Uniper to resume its plans to build an LNG terminal in Wilhelmshaven as Germany steps up its plans to cut dependence on Russian gas, a newspaper reported Sunday.

Cherniere Expects More Long-Term LNG Supply Deals in Volatile Market

Top U.S. LNG exporter Cheniere Energy on Thursday said high prices and an "extremely volatile" global market are driving more long-term supply contracts.

US Met More Than Quarter of European LNG Demand Last Year - EIA

The United States last year became Europe's largest source of liquefied natural gas (LNG), the U.S. Energy Information Administration (EIA) said on Tuesday.

Qatar: 'Almost Impossible' to Quickly Replace Russian Gas Supplies

Neither Qatar nor any other single country has the capacity to replace Russian gas supplies to Europe with LNG in the event of disruption due to a conflict between Russia and Ukraine, Qatar's energy minister said on Tuesday.

LNG Supply-Demand Balance to Remain Tight in 2022 - Shell

The global LNG market is expected to remain tight this year following last year’s volatility, which saw demand rise 6% and gas prices hit an all-time high, Shell said on Monday.

EIA Reports: US LNG Export Capacity to Top Other Nations by End of 2022

LNG export capacity in the United States has grown rapidly since the Lower 48 states first began exporting LNG in February 2016. In 2020, the United States became the world’s third-largest LNG exporter.

Europe Remains Top Destination for U.S. LNG for Third Month

Europe's call for U.S. LNG continues to run hot in February and is poised to remain the top destination for U.S. shipments for the third month in a row, according to mid-month Refinitiv vessel tracking data on Tuesday.

Venture Global to Buy Natural Gas from Repsol for LNG Plant

Venture Global LNG has agreed to buy natural gas for its Plaquemines LNG export plant in Louisiana, expected to start up in 2024, from a unit of Spanish energy company Repsol.

Feed to U.S. LNG Plants Soars as 7th Terminal Loads First Cargo

Natural gas supplies to U.S. LNG export plants reached near record levels over the weekend as vessels docked for loading at all seven export terminals for the first time.

Czech Minister: Putin Gave Europe 'Gift' as Gas Crisis Showed Alternatives Exist

LNG shipments to Europe late last year showed Russia could not use gas as great leverage over Europe, and the gas shortfall supported efforts to build more LNG capacity on European shores, Czech Foreign Minister Jan Lipavsky said on Wednesday.

Japan to Divert LNG to Europe Amid Russia-Ukraine Tensions

Japan will divert some LNG cargoes to Europe after requests from the United States and the European Union, the industry minister said on Wednesday, a step that aligns the country with the West as tensions flare with Russia.

Williams Hires LNG Executives for New Marketing Arm

U.S. natural gas pipeline operator Williams Companies has hired two veteran executives to set up an LNG marketing operation, according to employee profiles and people familiar with the matter.

Venture Global Gets OK on 4th LNG Block at Louisiana Calcasieu Plant

U.S. LNG company Venture Global LNG received permission on Tuesday from federal energy regulators to commission the fourth liquefaction block at the company's Calcasieu Pass LNG export plant in Louisiana.

First LNG Tanker Arrives Near Venture Global's Calcasieu Plant

A tanker, the Yiannis, arrived near Venture Global LNG's Calcasieu Pass LNG export plant in Louisiana on Monday and could be the first vessel to pick up a cargo at the facility, according to data from Refinitiv.

Cheniere Announces Substantial Completion of Sabine Pass Train 6

Cheniere Energy Partners on Monday announced substantial completion of its sixth liquefaction train at Sabine Pass and said construction partner Bechtel has handed over the project after its commissioning was complete.

Baltic States 'Working Closely Together' to Prepare for Russian Gas Cut

Energy companies and governments in the Baltic states are cooperating to prepare for a possible cut in Russian natural gas supplies amid tensions over Ukraine and concerns about gas supplies to Europe.

Qatar Has Not Approached Asian Buyers Over Gas Diversions to Europe

Qatar's energy chief said it has not approached its Asian customers over diverting gas to Europe, adding that one country can't fill the gap if Russia stops piping gas to the region

Norway Approves Development of Equinor's Kristin South Project

Norway approved plans to develop several Equinor-operated gas and condensate discoveries in the Norwegian Sea, with gas to be exported to Europe via an existing offshore pipeline system

Natural Gas Futures Jump over 15% on Output Drop, Colder Forecasts

U.S. natural gas futures jumped over 15% on Wednesday as frigid weather cut output to its lowest level since July 2021 and as winter storms threatened while LNG exports were at near-record levels.

Greece's Gastrade Says LNG Terminal on Track with Final Investment Decision

Greece's Gastrade said a final investment decision had been made on developing a Greek LNG terminal, the last step before building the project begins.

Could More LNG Supplies Get to Europe in the Event of a Crisis?

The United States is in talks with major energy-producing countries and companies over a potential diversion of LNG to Europe if Russia invades Ukraine.