Processing/LNG
Dutch Urge Tougher Sanctions as Russian LNG Imports Surge
Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions, the Dutch government said on Monday.
Excelerate Energy Enhances FSRU Efficiency with Wärtsilä Reliquefaction Retrofit
Excelerate Energy Inc. has entered into an agreement with Wärtsilä Gas Solutions to purchase a reliquefaction system for retrofit installation onboard one of Excelerate’s floating storage regasification units (FSRUs).
Eskom, Sasol Team Up to Explore LNG as South Africa Seeks Cleaner Energy
South African petrochemicals company Sasol and state power utility Eskom said on Friday they had agreed to jointly explore ways the country could use liquefied natural gas (LNG).
Kimmeridge to Reduce Stake in Louisiana LNG Project to 51% After FID, CEO Says
Energy investment firm Kimmeridge Energy Management plans to reduce its stake in a Louisiana liquefied natural gas (LNG) export project to 51% down from 100% after it reaches FID next year.
Chevron Won't Invest in U.S. LNG Plant Construction, Citing Better Use of Capital
Chevron does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company's capital and it can easily sell its U.S. gas, said a top official on Thursday.
Colombia Risks Blackouts Without Swift Natural Gas Strategy, Experts Warn
Colombia must decide soon whether to focus on imports of liquefied natural gas (LNG) or encourage domestic output of natural gas if it wants to avoid power blackouts, according to Wood Mackenzie.
Kiewit, Venture Global LNG Settle Dispute Over Alleged Disclosure of Confidential Info to Shell
Construction contractor Kiewit on Thursday said it has settled a lawsuit with LNG developer Venture Global LNG over disclosures to Shell of information on the Calcasieu Pass LNG plant, the president of Kiewit Energy said.
Pertamina's Shipping Unit Plans to Double Tanker Fleet, Expand LNG Capacity Over 10 Years
The shipping unit of Indonesia's state energy firm Pertamina plans to double its fleet of 320 tankers in the next 10 years, the unit's CEO Yoki Firnandi told the Gastech conference in Houston on Thursday.
ConocoPhillips, Uniper Ink 10-Year Natural Gas Supply Deal
German energy company Uniper and U.S. oil and gas producer ConocoPhillips said they have agreed a supply deal for up to 10 billion cubic meters of natural gas over the next 10 years.
Glencore Signs 20-Year LNG Supply Deal with Commonwealth LNG, Kimmeridge
Commodities giant Glencore has signed a non-binding agreement to buy 2 million tonnes per annum of liquefied natural gas from Commonwealth LNG along with equivalent natural gas supply from Kimmeridge Texas Gas.
TotalEnergies Extends CNOOC LNG Deal by Five Years
France's TotalEnergies said on Thursday it has extended an agreement with China's CNOOC by five years that will see it deliver 1.25 million tons of LNG per year until 2034.
EQT CEO Predicts U.S. Natural Gas Prices to Stay Below $3/MMBtu Amid LNG Demand Growth
The CEO of U.S. natural gas producer EQT Corp. on Wednesday said U.S. prices for the fuel will remain below $3 per million British thermal units in the short term.
Saudi Aramco Aims to Become Major LNG Player, Says Gas Chief
The world's largest oil producer, Saudi Aramco, wants to become a major liquefied natural gas player, the head of its natural gas business said on Tuesday.
Turkey Boosts Export Capacity, Supply Flexibility with 10-Year LNG Deal with TotalEnergies
Turkey took a further step towards becoming a regional gas re-exporter on Wednesday, after state energy company Botas signed a 10-year supply agreement with France's TotalEnergies, its fourth long-term import deal with non state-owned firms this year.
ConocoPhillips CEO Calls for U.S. to End 'Crazy' LNG Permit Pause
ConocoPhillips CEO Ryan Lance on Tuesday called on the U.S. government to end "this crazy LNG (permit) pause" and allow the country to lead the liquefied natural gas industry.
Woodside Energy Eyes Partners for Driftwood LNG, CEO Says
Woodside Energy is in discussions with onshore U.S. gas producers, pipeline companies and companies that share its outlook and view of liquefied natural gas to partner with its Driftwood LNG project, company CEO Meg O'Neill said on Monday.
Thailand’s PTT Signs 5-Year LNG Supply Deal with Oman LNG
Thailand's largest energy firm, state-controlled PTT PCL, has signed a five-year deal to buy liquefied natural gas (LNG) from Oman.
MidOcean Energy Boosts Stake in Peru LNG to 35%
MidOcean Energy, a liquefied natural gas (LNG) company managed by EIG, is set to acquire an additional 15% interest in Peru LNG (PLNG) from Hunt Oil Company, raising its total stake to 35%.
Saipem Secures $4 Billion Offshore Contract with QatarEnergy to Boost LNG Production
Italian energy engineering group Saipem SPMI.MI said on Sunday it had won an offshore contract worth $4 billion from QatarEnergy, one of the world's top suppliers of liquefied natural gas (LNG).
Egypt Snaps Up 20 LNG Cargoes Amid Tight Market, Defying Price Predictions
Egypt has bought 20 cargoes of liquefied natural gas (LNG) via the first tender issued to cover its winter demand since 2018, securing full volumes it was seeking at smaller than expected premiums, trading sources told Reuters on Friday.
U.S. LNG Feedgas Falls as Storm Francine Hits Louisiana Export Plants
The amount of natural gas flowing to U.S. liquefied natural gas export plants was on track to slide further on Thursday with energy companies reducing feedgas to plants as storm Francine barreled into southeastern Louisiana, according to data from financial firm LSEG.
Texas LNG Secures Final Investment Decision with New Offtake Agreement
Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, has secured enough customer commitments to move forward with its liquefied natural gas (LNG) export terminal project in the Port of Brownsville, Texas.
LNG Buyers Warn of U.S. Supply Risks After Export Permit Pause
Major buyers of liquefied natural gas (LNG) flagged risks of purchasing cargoes from the U.S. following the decision by the Biden administration to pause export permits of the superchilled fuel to non-Free Trade Agreement countries.
Energean's Profit Rises on Israel Output Boost, Despite Market Challenges
Gas producer Energean reported higher first-half profit on Wednesday, helped by a rise in production due to strong summer demand in Israel, which accounts for more than 70% of total output.
NextDecade Vows Legal Battle to Keep Rio Grande LNG on Track
NextDecade will appeal this month to a federal court ruling that overturned the Federal Energy Regulatory Commission's approval of the initial phase of its $18.4 billion Rio Grande LNG project, CEO Matthew Schatzman said on Monday.
Amigo LNG Signs Deal to Supply Oman's OQ Trading from Mexico Facility
The Amigo LNG facility is a large-scale project on Mexico’s west coast, capable of producing 7.8 million tonnes per annum of LNG. It is being developed in partnership with the State of Sonora and the Port of Guaymas.
Gas Flows to Cameron LNG Fall as Hurricane Francine Nears
The amount of natural gas flowing to the Cameron LNG export plant in Louisiana dropped on Tuesday, just one day before Tropical Storm Francine was expected to hit the Louisiana coast near Cameron as a hurricane, data from financial firm LSEG showed.
Pembina Pipeline to Acquire Alberta Midstream Assets from Veren in $295 Million Deal
Canada's Pembina Pipeline said it will buy some infrastructure assets in Alberta Montney from oil producer Veren Inc. for about $295 million, to strengthen its midstream operations.
ADNOC Secures 15-Year LNG Supply Deal with Indian Oil
The Abu Dhabi National Oil Company has agreed a 15-year deal to supply Indian Oil with 1 million metric tons per annum of liquefied natural gas.
QatarEnergy Expands LNG Fleet with Six New Vessels from China State Shipbuilding
QatarEnergy has signed a deal with China State Shipbuilding Corporation to buy six additional ultra-large ships to carry liquefied natural gas, it said on Monday, raising such vessels it has on order to 128 as part of a fleet-expansion program.
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- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia
- Ukraine Approves $20 Billion Plan to Boost Renewable Energy to 27% by 2030
