Processing/LNG
EIA: US Regains Crown as World's Largest LNG Exporter
The U.S. regained its crown as the world's largest exporter of LNG in the first six months of this year, according to the U.S. Energy Information Agency (EIA).
Freeport LNG Feedgas Flows Drop Sharply, Raising Supply Concerns
Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and were still down for the third day in a row on Monday, LSEG data showed.
Chevron Gambles on Untested Laws to Halt Australia LNG Strike Action
Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone LNG facilities as unions prepare for full-scale strikes.
Russia's Gazprom to Launch Two Amur Gas Processing Lines in 2024
Gazprom, Russia's largest natural gas company, plans to launch two more processing lines at the Amur gas processing plant early next year, Vitaly Markelov, deputy head of the company told the Russian TASS news agency on Monday.
Tellurian Drops Equity-Ownership Condition for Driftwood LNG Project
Tellurian Inc. will sell LNG supplies to non-equity holders to bring its long-delayed Driftwood LNG project to fruition, Chairman Charif Souki said this week. The company plans to offer up to 11 million of its 27.6 MTPA output under offtake agreements to get Driftwood across the finish line.
EU Has No Immediate Plans to Ban Russian LNG, Says Spain's Ribera
The European Union has no short-term plan to ban Russian LNG despite soaring imports to the bloc, Spain's energy minister said, citing fears of another price spike.
Japan's Inpex Interested in Buying US LNG Linked to Henry Hub Prices, CEO Says
Inpex, Japan's top oil and gas producer, is interested in buying LNG from the United States linked to the Henry Hub prices, CEO Takayuki Ueda told Reuters on Wednesday.
Tellurian, Baker Hughes Collaborate on Driftwood LNG Phase 1 Equipment for 2027 Production
(P&GJ) — Tellurian Inc. and Baker Hughes have entered an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.
Vitol CEO: Bunker Fuel Market to Convert to LNG in Next 10 Years
The global bunker fuel market is expected to convert substantially to LNG over the next 10 years, said Russell Hardy, chief executive of the world's largest independent oil trader, Vitol.
Pacific Energy-Enbridge Venture Woodfibre to Supply 100% of its LNG to BP
Pacific Energy and Enbridge-owned Woodfibre said on Tuesday it would supply 100% of the LNG from its proposed plant in British Columbia to BP Plc after it signed another agreement with a unit of the energy major.
Western Midstream to Acquire Meritage, Adding 1,500 Miles of Gas Pipelines in Powder River Basin
(P&GJ) — Western Midstream Partners LP is set to acquire Meritage Midstream Services II LLC in an all-cash transaction valued at $885 million. The assets include approximately 1,500 miles of natural gas gathering pipelines and 380 MMcf/d processing capacity, situated in Converse, Campbell, and Johnson counties, Wyoming.
EU Proposes Permanent Scheme for Joint Gas Purchases
The European Commission has proposed making the EU's scheme for joint gas purchases permanent, after demand exceeded expectations in the policy's first tenders to seek non-Russian fuel, a document showed, and officials told Reuters.
Venture Global and Baker Hughes Expand LNG Equipment Supply Agreement
(P&GJ) — Venture Global LNG has announced a significant expansion plan to boost its LNG production capacity from 70 million tonnes per annum (MTPA) to over 100 MTPA of LNG export capacity.
Berkshire Hathaway Successfully Acquires Dominion Energy’s 50% Stake in Cove Point LNG
(P&GJ) — Berkshire Hathaway Energy has completed the purchase of Dominion Energy’s 50% limited partnership stake in the Cove Point LNG, LP business, resulting in a total ownership interest of 75%.
Black & Veatch Expects Floating LNG Capacity to More Than Quadruple by 2030
U.S.-based engineering and construction group Black & Veatch (B&V) said on Monday it expects global floating LNG capacity to increase more than four-fold to 46.4 million metric tons per annum (MTPA) by 2030, as they have become competitive with fixed terminals for smaller fields.
MET Group Inks 20-Year LNG Supply Deal with Commonwealth LNG
Switzerland-based energy trader MET Group said on Monday it has signed a preliminary agreement with Commonwealth LNG to buy liquefied natural gas (LNG) from the U.S. company's facility currently under development in Cameron, Louisiana.
Gazprom Drives Over Half of China's Gas Import Surge, CEO Says
Alexei Miller, the chief executive of Russian gas giant Gazprom, said on Thursday that the company accounts for more than half the increase in China's gas imports this year, without providing figures.
Canada's Altagas to Buy Natural Gas Assets from Tidewater for $480 Million
Canada's Altagas has agreed to buy some natural gas assets from Tidewater Midstream and Infrastructure for $650 million, the companies said on Thursday.
Argentina's Vaca Muerta Injects Record Gas as New Pipeline Boosts Capacity
Argentina's southern Neuquen province, home to the Vaca Muerta shale formation, has posted a record daily amount of gas injected into the country's pipeline system, topping 100 million cubic meters daily.
US LNG Projects Win Higher Processing Fees as Interest Rates Climb
Long-term buyers of U.S. LNG are willingly agreeing to higher liquefaction fees at newer export projects, according to analysts and developers familiar with the matter.
LNG Imports from Russia Rise, Despite Cuts in Pipeline Gas
European Union countries have increased their imports of LNG from Russia compared with before the Ukraine war, despite the EU's aim to quit Russian fossil fuels within a few years, an analysis by campaigners showed.
Tanzania Names New Energy Minister to Oversee LNG Development
Tanzania President Samia Suluhu Hassan named a new energy minister on Wednesday as part of a cabinet reshuffle, ahead of expected cabinet approval for a $42 billion LNG project.
Tivoli Midstream Acquires 140-Mile Oil Pipeline System from Phillips 66
(P&GJ) — Tivoli Midstream LLC has announced the closing of an acquisition of a crude oil pipeline system in Northern Texas (NTX) from affiliates of Phillips 66. NTX consists of approximately 140 miles of crude oil gathering and transportation pipelines and storage capacity in the Barnett Shale area of Northern Texas.
Australia's Kinetiko Energy in Talks with Sasol on Gas Supply Deal
Australian gas explorer Kinetiko Energy, which has found shallow sandstone gas in South Africa, has started talks with petrochemical company Sasol on a possible supply agreement, Kinetiko’s chief executive said on Monday.
Chevron LNG Workers in Australia Plan Industrial Action from Sept. 7
Unions representing workers at Chevron's two major Australian LNG complexes have said they will take industrial action from Sept. 7, a company spokesperson said on Monday, in an ongoing dispute over pay and conditions.
Commonwealth LNG Partners with Baker Hughes to Enhance Louisiana LNG Facility
(P&GJ) — Commonwealth LNG has signed a strategic agreement with Baker Hughes related to Commonwealth LNG's liquefied natural gas facility under development in Cameron Parish, Louisiana.
Gazprom's First LNG Cargo Via Arctic Destined for China's Jingtang
An LNG cargo from Russia's Gazprom being sent via the Northern Sea Route (NSR) for the first time is destined for the Chinese port of Jingtang, Refinitiv ship tracking data shows.
Asian Buyers May Seek U.S. LNG If Australia Worker Disputes Worsen, Analysts Say
Major Asian buyers of LNG could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate, analysts said, as electricity demand continues surge due to warm weather.
Cheniere Energy Strikes LNG Supply Deal with BASF
Cheniere Energy said on Tuesday it would supply 0.8 million tonnes per annum (MTPA) of LNG to Germany's BASF.
China’s LNG Buyers Expand Trading After Adding More US, Qatari Contracts
China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.
- 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
