Processing/LNG
Malaysia's Petronas Interested to Join Abadi LNG Project
Malaysian state oil and gas company Petronas has expressed interest to participate in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.
EIG Targets Australia's Origin to Build Global LNG Company
EIG, teaming with Brookfield Asset Management in a A$15.5 billion ($10.5 billion) bid to split Australia's Origin Energy, is looking to use the deal to help build a global LNG company, its boss said on Wednesday.
New Fortress to Sign Deal for Mexico's Lakach Gas Project Next Week
U.S. company New Fortress Energy expects to sign an agreement next week with the Mexican government for the development of a LNG project associated with Mexico's Lakach offshore gas field, a company executive said on Wednesday.
Germany Completes Construction of Wilhelmshaven Floating LNG Terminal
Germany on Tuesday completed construction of its first floating terminal for LNG at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas.
Norway's Aker BP Wants "Price Floor" in European Gas Supply Deals
European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, the chair of Norwegian producer Aker BP told Reuters.
Mauritania and BP to Explore Green Hydrogen Projects
BP has signed an agreement with Mauritania to explore ways to develop low-carbon hydrogen on a large scale in the West African country, the British energy company said on Tuesday
UK to Announce US Gas Deal After Climate Change Summit
Britain hopes the United States will promise about 10 billion cubic meters of LNG over the coming year, the Telegraph newspaper reported, adding that discussions about the deal are in their final stages and an announcement could come in a week or two.
Italy's Emilia Romagna Region Backs $1 Billion Floating LNG Project in Adriatic Sea
Italy's Emilia Romagna region has approved a project for a new floating LNG terminal off the coast of Ravenna in the upper Adriatic Sea, it said on Monday, part of the country's broader efforts to replace dwindling Russian gas supplies.
Trinidad Asks US to Allow Venezuelan Gas Imports for LNG Plant
The government of Trinidad and Tobago is asking the United States to authorize Venezuelan gas imports to restart an idled liquefaction train in the Caribbean nation, four sources close to the talks said.
Sempra Set to Approve Port Arthur LNG Export Plant in Q1 2023
California energy company Sempra Energy said Thursday that its Sempra Infrastructure unit planned to greenlight the first phase of its proposed Port Arthur LNG export plant in Texas during the first quarter of 2023.
Mitsui Says Russia's Sakhalin-2 Gas Project Can Cope Without Shell
The Sakhalin-2 LNG project in Russia has enough technical expertise to operate even without departed shareholder Shell, Mitsui & Co. CEO Kenichi Hori said on Wednesday.
US Regulators Want More Data on Texas Freeport LNG Plant Before Restart
U.S. federal regulators have told Freeport LNG to provide information needed for the planned restart of its LNG export plant in Texas, the second-largest U.S. LNG export plant, as soon as possible to allow sufficient time for review.
US LNG Exports Dip in October, More Cargoes Head to Asia
U.S. LNG exports in October remained capped by plant outages, with producers shifting more cargoes to Asian buyers last month, according to Refinitiv Eikon tanker monitoring data, after a pipeline leak cut supplies from Malaysia.
ICE to Launch Two LNG Futures Contracts by Dec. 5
Intercontinental Exchange Inc. said it plans to launch two LNG futures contracts for northwest and southwest Europe by Dec. 5, as talks among EU countries to cap gas prices continue.
New Fortress Energy, CFE Finalize Deal for FLNG Hub Offshore Mexico
(P&GJ) — New Fortress Energy Inc. has finalized its agreements with Comisión Federal de Electricidad (CFE) to create a new FLNG hub off the coast of Altamira, Tamaulipas, with CFE supplying requisite feedgas to multiple NFE FLNG units using CFE’s existing and underutilized pipeline capacity.
Factbox: Germany's LNG Import Project Plans
Germany is acquiring LNG terminals as part of its efforts to diversify away from Russian gas. Here is a snapshot of known LNG project activity in Germany.
Japan Asks Malaysia's Petronas to Help Customers after LNG Disruption
Japanese industry minister Yasutoshi Nishimura has asked Petronas CEO Tengku Taufik to continue efforts to mitigate the impact on Japanese customers of its LNG after a disruption at Malaysia LNG.
Higher LNG Exports May Turbocharge US Energy Transition
Sales of U.S. "freedom gas" are on track to smash volume and earnings records in 2022, but the stellar short-term gains for exporters may have long-term consequences for the entire U.S. energy sector due to the resulting higher natural gas prices.
Trinidad Plans LNG Hub to Help Caribbean Wean Off Oil
Trinidad and Tobago's state-owned gas company has started work on designing a small-scale LNG hub that could help the Caribbean move away from oil-based power generation
PHMSA Approves Expansion of Cameron LNG Plant
An expansion of the Cameron LNG liquefied natural gas export plant won approval by a U.S. regulator on Wednesday, advancing development of a fourth gas-chilling unit.
Factbox: Why European Gas Prices Have Been Falling
Despite dwindling Russian gas pipeline supplies, Dutch front-month gas, the European benchmark, has fallen 67% since hitting an all-time high in August to around 100 euros per megawatt hour and is at the lowest level since mid-June.
LNG Ships Wait off Spain's Coast as Higher Prices Eyed
Several ships carrying LNG anchored off Spain's Bay of Cadiz are likely to stay there until late November in anticipation of a rise in European gas prices, industry sources said.
Serbia Plans Nearly $12 Billion in Pipeline, Energy Projects
Serbia's new government plans to invest 12 billion euros ($11.83 billion) in energy projects, including oil and gas pipelines and increased power production capacity, prime minister designate Ana Brnabic told parliament on Tuesday.
U.S. Natgas Gains 5% on Technical Move, LNG Export Forecast
U.S. natural gas futures jumped about 5% after sliding to a fresh seven-month low earlier in the session on a technical rebound and expectations demand would rise as LNG exports increase once export plants exit maintenance outages in coming weeks.
China's Oil Imports Fall as Pipeline Gas, LNG Rebound
China's crude oil imports in September were 2% below their level a year earlier as independent refiners curbed throughput amid thin margins and lackluster demand, but natural gas imports bounced back.
How Germany is Replacing Russian Gas
Germany, Europe's biggest economy and historically a major importer of Russian gas, is scrambling to secure alternative supplies following a plunge in flows from Russia since its invasion of Ukraine.
Mozambique to Ship First Batch of LNG Exports to Europe by Early November
Mozambique expects to ship its first LNG exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region.
Italy to Approve New LNG Terminal Next Week
A state-appointed commissioner said on Friday he would give the go-ahead for Italy's new LNG terminal in the Tuscan port of Piombino at the beginning of next week, in time for it to start delivering gas in the spring.
Technip Energies Signs Deal to Fully Exit Arctic LNG 2 Project in 2023
Technip Energies expects to fully exit the liquefied natural gas project Arctic LNG 2 led by Moscow-listed gas producer Novatek next year, the French oil and gas services provider said on Thursday.
Italy Aims for 'Miracle' with LNG Project in Energy Crunch
Italy is invoking the need for energy security in the face of Russian supply cuts to rush through in a matter of months a new LNG terminal – a process that would normally take years due to local objections and permitting.
- Repsol Ditches Plans to Develop LNG Terminal on Canada’s East Coast
- Kazakh Oil Decouples from Russian Crude But Risk Weighs on Price
- Pipeline Operator TC Energy Says Stress, Weld Fault Caused Keystone Oil Spill
- US to Sell 26 Million Barrels of Oil Reserves As Mandated by Congress
- Ukraine to Jointly Buy Gas with European Union Countries
- Company Cancels Byhalia Connection Pipeline Project
- US Intelligence Suggests Pro-Ukrainian Group Sabotaged Nord Stream Pipelines -NYT
- EIA: US Natural Gas Output to Hit Record High in 2023, Demand to Fall
- US Regulator Orders Lower Pressure on Keystone Pipeline System After Spill
- US Carbon Pipeline Faces Setback as Residents Refuse to Cede Land Rights
