construction

Brazil's Petrobras to invest $102 billion in next five years

Brazil's Petrobras will invest around $102 B within the 2024-2028 period, representing a major boost in expected investments by the state-run oil company.

Indian Oil to double Ennore LNG terminal's capacity to 10 MMtpy

Indian Oil Corp aims to double the capacity of its LNG import terminal at Ennore in southern India to 10 MMtpy.

Germany builds up LNG import terminals

Germany's quest to increase LNG import capacity has intensified as it seeks to end reliance on Russian pipeline gas, on which the European region relied heavily prior to Moscow's invasion of Ukraine last year.

Finland-Estonia gas pipeline system to get bigger capacity after repair

The Balticconnector gas pipeline between Finland and Estonia, which was damaged last month, will get a bigger northbound transmission capacity next year following repairs.

Nigeria and Germany sign $500 mln renewable energy and gas deal

Nigerian and German companies signed two accords in Berlin that include a $500-MM renewable energy pact and a gas export deal.

Venezuelan natural gas cooperation could lead to increased LNG and petrochemical exports

Venezuela is working with Shell and the National Gas Co. of Trinidad and Tobago to develop an offshore natural gas field that could boost LNG and petrochemical exports.

thyssenkrupp Uhde awarded contract by ENOWA to supply a green methanol and methanol-to-gasoline plant

thyssenkrupp Uhde has been awarded a contract by ENOWA, NEOM’s energy and water company, for engineering services and the supply, design and procurement of equipment for a new CO2-to-methanol and methanol-to-gasoline demonstration plant at ENOWA’s Hydrogen Innovation and Development Center in Saudi Arabia.

Gascade gains mining approval for pipeline link to boost LNG flow from Ruegen to Lubmin

Gas grid company Gascade has obtained approval from mining authorities to complete a link for a pipeline linking Mukran port on the German Baltic Sea island of Ruegen with Lubmin on the mainland so that more LNG can flow.

South Korea's Hyundai, Saudi Aramco clinch $2.4 B gas plant deal

South Korea's Hyundai Engineering & Construction and Hyundai Engineering have signed a $2.4-B contract with oil giant Saudi Aramco to build a gas processing plant.

European LNG: The current market and its future

10/18/2023

The European LNG market is often characterized as a single homogenized LNG market. However, there are several distinct LNG markets within Europe, and LNG plays different roles and has different strategic and geopolitical importance in different parts of the continent. This article examines the current state of Europe's LNG market.

Eni and partners to decide on Mozambique LNG investment by mid 2024

Italy's Eni SpA hopes to reach a final investment decision on its second floating LNG project in Mozambique by the end of June next year.

The story behind engineering the world’s largest post-combustion carbon capture plant

9/1/2023

VPI—a power generator and owner of a 1,260-MW combined-cycle natural gas power plant based in Immingham, UK, adjacent to the Humber Oil refinery—is set to play a pivotal role in decarbonizing the region, as it plans to transform its existing facility into the largest post-combustion carbon capture plant of its type in the world.

Energy Transfer seeks new LNG export license after extension denied

Pipeline operator Energy Transfer requested a new and expedited export license for its proposed Lake Charles, Louisiana, LNG plant, according to a filing with the U.S. Department of Energy.

TotalEnergies and INPEX to buy 100% of Timor Sea gas field interest from PTTEP

TotalEnergies has teamed up with INPEX to acquire 100% of the interest in the AC-RL7 permit in the Timor Sea from PTTEP.

Cheniere Energy strikes LNG supply deal with BASF

Cheniere Energy said it would supply 800,000 tpy of LNG to Germany's BASF.

Venture Global LNG seeks approval to speed up plant construction

LNG developer Venture Global LNG asked U.S. regulators for expedited review of a request to add construction workers to its Plaquemines LNG export project and to allow work around the clock seven days per week.

Norway approves more than $18 B in oil, gas investments

Norway's government said it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.

A sustainable solution to reduce Europe’s reliance on natural gas

6/13/2023

This analysis shows that Europe will need to reduce natural gas demand by 55 Bm3 this year alone to mitigate against a potentially colder winter, a possible end to Russian supplies or rebounding Asian demand. This comes at a time when Europe has little bandwidth for additional energy rationing without sustaining a steeper slowdown in economic activity.

Enbridge sees Canada Woodfibre LNG export plant in service in 2027

Enbridge Inc's Woodfibre LNG partnership in British Columbia was on track to enter service in 2027, says Cynthia Hansen, president of gas transmission and midstream at the Canadian energy company.

Tellurian receives US approval for Driftwood gas pipelines

Liquefied natural gas developer Tellurian Inc said the U.S. energy regulator had authorized Line 200 and Line 300 of its $1.4-B Driftwood natural gas transmission pipeline project.

Sempra launches Port Arthur LNG project

Sempra announced that its 70%-owned subsidiary, Sempra Infrastructure Partners, LP (Sempra Infrastructure), reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas.

Driven by petrochemical capacity builds, U.S. ethane increased 9% in 2022

In 2022, U.S. ethane demand increased by approximately 9%, or almost 0.2 MMbpd, according to the U.S. EIA's Petroleum Supply Monthly.

Energy firms bet big on carbon capture projects in U.S., Canada

Many energy companies in North America are investing in carbon capture technologies/projects. The following are several that are being implemented in the region.

LNG to lead U.S. natural gas exports

Exports of LNG will continue to drive growth in U.S. natural gas exports over the next two years, according to the U.S. EIA.

Papua LNG project enters integrated FEED stage

Santos today announced the Papua LNG joint venture has launched fully-integrated front-end engineering and design (FEED) for the Papua LNG project in Papua New Guinea.

Novatek needs to find more natural gas for LNG plans

Russian Deputy Prime Minister Alexander Novak said on Tuesday the country needed to identify the resource base for about a third of its planned annual production of 100 MMt of liquefied natural gas (LNG) per year.

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

Tellurian chairman's shares sold to cover loan

U.S. LNG developer Tellurian said over $25.3 MM worth of its shares belonging to Executive Chairman Charif Souki were transferred and sold over the last month to cover a loan, securities filings showed.

Russia to mothball damaged Nord Stream pipeline

Russia's ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them.

Germany LNG import bill to eclipse $10 B

Germany said that new infrastructure for floating LNG terminals will exceed previously expected costs, forewarning taxpayers that there will be a price to pay for energy security.