Processing/LNG

Poland's Orlen Secures Exclusive LNG Trans-shipment Deal in Lithuania

Polish top refiner Orlen has signed a five-year agreement with Lithuanian oil and gas logistics firm KN Energies for exclusive use of a waterfront LNG transshipment station in Klaipeda.

U.S. LNG Export Dominance Under Pressure as Europe's Demand Drops: Maguire

The United States has remained the largest exporter of LNG so far in 2024, but a steep drop in selling prices and a sharp swing in export volumes to key markets is likely testing exporter appetite to stay on top.

Voyager Midstream Snaps Up 550 Miles of Gas Pipelines in Key Haynesville Deal with Phillips 66

(P&GJ) — Voyager Midstream, backed by Pearl Energy Investments, has acquired natural gas gathering and processing assets from Phillips 66 in East Texas and North Louisiana, placing it strategically in the Haynesville Shale region.

New Fortress Energy Approved to Export LNG from Mexico to Non-FTA Countries

New Fortress Energy has received authorization from the U.S. Department of Energy to export LNG from its offshore Altamira-based plant in Mexico to non-free trade agreement countries.

U.S. LNG Exports Surge in August as Freeport LNG Output Recovers

Exports of U.S. LNG bounced higher in August as output from the country's second-largest export facility rose following an outage and maintenance activities at other plants wound down, LSEG data showed on Tuesday.

LNG Tankers Queue at Malaysia's Bintulu Complex Post-Maintenance

A backlog of LNG tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.

Half of Finland’s Inkoo LNG Slots Already Booked for 2025

Customers of Finland's Gasgrid have so far booked half the available slots for imports of LNG via the Inkoo floating storage and regasification unit in 2025, the company said late on Monday.

Turkey’s Botas Secures 10-Year LNG Deal with Shell for 4 Bcm

Turkish state energy company Botas and British oil major Shell signed a 10-year LNG agreement on Monday, the Turkish Energy Minister Alparslan Bayraktar said.

Iraq Seeks U.S. Investment in Gas Projects to Boost Energy Independence

Iraq plans to offer 10 gas exploration blocks to U.S. companies during an upcoming visit by Oil Minister Hayan Abdel-Ghani to the United States, he announced on Saturday.

Russia Defies Sanctions, Moves Forward with Arctic LNG 2 Project: LSEG Data

Russia's largest LNG producer Novatek appears to be preparing a floating storage unit to receive gas as part of its Arctic LNG 2 project, in defiance of sanctions, LSEG ship-tracking data showed on Friday.

Venture Global Seeks FERC Approval to Unload First LNG Cargo at Plaquemines Plant

Venture Global LNG has sought authorization from U.S. energy regulators to unload the first LNG commissioning cargo at the Plaquemines export plant in Louisiana by Aug. 30.

Golden Pass LNG Seeks Three-Year Extension for $10 Billion Project After Dropping Lead Contractor

The developer of a Texas LNG export project has asked U.S. regulators for a three-year extension to complete construction of the $10 billion Golden Pass LNG project, citing scheduling uncertainties.

Mexico Pacific Signs 20-Year LNG Deal with POSCO International

Mexico Pacific has finalized a 20-year sales and purchase agreement with POSCO International, a leading energy trading company from Korea.

Musk's xAI Accused of Running Unpermitted Gas Turbines at Tennessee Data Center

"Despite installing nearly 20 gas turbines with a combined capacity of about 100 MW - enough electricity to power around 50,000 homes - xAI apparently has not applied for any air permits for these turbines," the Southern Environmental Law Center said in a letter to the EPA.

Nigeria's NNPC Expands LNG Shipments to China and Japan

State-owned Nigerian oil company NNPC has expanded shipments of liquefied natural gas (LNG) cargoes to a port in China after its first delivery to Japan in June, it said on Monday.

Spotlight on Permian: Pipeline Activity Still Pushing Toward Texas-Louisiana Border

While most of the Permian Basin natural gas pipelines built in recent years have targeted LNG export markets south of the Houston area, two proposed intrastate projects have emerged within the last couple of years that will deliver Permian Basin gas to the Texas-Louisiana border region.

New Haynesville Pipeline Projects Near Completion Amid LNG Demand Surge

New pipeline projects in the Haynesville region, such as the 155-mile Louisiana Energy Access Pipeline (LEAP) expansion, are approaching completion to support the increasing LNG export demand from Gulf Coast facilities.

Freeport LNG Texas Export Plant Unexpectedly Shut During Routine Maintenance

U.S. liquefied natural gas company Freeport LNG said on Wednesday it shut its export facility in Texas due to the unexpected activation of a fire suppression system in the control room of the pre-treatment facility during routine maintenance.

Enbridge Predicts Rising Oil Demand Through 2050 as U.S. Supply Grows

Enbridge CEO Greg Ebel predicts global oil demand could surpass 110 million barrels per day by 2050, prompting significant investments in U.S. supply and LNG expansion.

Inpex Plans October Restart for Ichthys LNG's Train 2 Following Repairs

The production train at the plant in Darwin, Australia, was halted on Aug. 20 and is the plant's second train outage in the past month.

Exxon to Sell $1 Billion in Non-Core Permian Basin Oil Assets

Top U.S. oil company ExxonMobil is looking to sell oil assets in the U.S. Permian Basin that could fetch $1 billion, Bloomberg Law reported on Tuesday.

Norwegian Piped Gas Exports Could Rival Historic Highs in 2024, Gassco Says

Norwegian pipeline gas exports to Europe could approach a 2017 historic record this year, after rising 10% so far in 2024 following a decline in 2023, the head of system operator Gassco told Reuters on Tuesday.

Mexico Spotlight: Nation Moving Toward Role as LNG Exporter with Expansion Projects

In an ongoing effort, Mexico is developing 31 mtpa of LNG export capacity on its west coast, with most of the feed expected to come through imports — primarily from the United States.

CNPC Eyes Global Expansion, Aims to Revive Bold Dealmaking

CNPC, Asia's top oil producer, is reviewing its global strategy as it looks to revive dealmaking, eyeing gas liquefaction and deepsea drilling as well as building on its record of producing more from aging wells, the head of its research arm said.

Qatar Strikes Another 15-Year LNG Supply Deal with Kuwait

Qatar agreed on Monday to supply Kuwait with 3 million tons per annum of LNG for 15 years, the second such deal since 2020 as Kuwait imports the fuel to help meet rising demand for power generation.

U.S. Sanctions Hit Key Entities in Russia’s Arctic LNG 2 Project

The Arctic LNG 2 project by Russia's Novatek is subject to Western sanctions over Russia's conflict with Ukraine. The project had been due to become Russia's largest LNG plant with eventual output of 19.8 million metric tons per year of LNG from three trains.

New Zealand to Reverse Oil and Gas Exploration Ban, Ease LNG Import Rules

New Zealand said on Monday it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration and take urgent steps to remove regulatory hurdles to import LNG amid energy shortages.

Venture Global LNG Prepares Plaquemines Plant for Test-Mode Startup

Venture Global LNG received a vessel loaded with imported LNG this week and an authorization from a federal regulator to use nitrogen at its Plaquemines facility in Louisiana, signs of preparations for a test-mode start up.

Oil Tycoon Emmanuel Fritz Paret Acquires 100-Mile Natural Gas Pipeline in Kentucky Reserve Deal

The deal includes a 100-mile natural gas pipeline, which is crucial for supplying natural gas to Kentucky's aluminum industry, ensuring a steady energy flow.

Vietnam's Newest LNG Terminal Prepares for Commissioning with October Cargo

Vietnam's Cai Mep LNG terminal is seeking a cargo to initiate commissioning tests, two industry sources said, putting it on track to become the country's second terminal to bring in the fuel.