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Gazprom loss shows struggle to fill EU gas sales gap with China
Gazprom could face a long period of poor performance as it struggles to fill the gap of lost European gas sales with its domestic market and Chinese exports.
Investments surge on strong demand outlook for LNG bunkering
Drewry projects more than 1,000 LNG-fueled vessels to be in service by 2027. However, development of the bunkering infrastructure appears to be lagging in comparison to the growth in fleet as well as the potential demand, which could take a leap of 30 MMtpy by 2028.
NextDecade plans to take FID on LNG train 4 in 2H of this year
In the company's Q1 business update, NextDecade's Chairman and Chief Executive Officer, Matt Schatzman, provided an update on the company's LNG terminal project in south Texas (U.S.).
Air Products to build network of H2 refueling stations in Alberta, Canada
Air Products announced in late April that it intends to build a network of permanent, commercial-scale multi-modal hydrogen refueling stations stretching from Edmonton to Calgary, Alberta, Canada.
AG&P LNG and Hai Linh begin commissioning of Cai Mep LNG terminal in Vietnam
Leading LNG terminals and downstream infrastructure company, AG&P LNG, a subsidiary of Nebula Energy, along with its partner, Hai Linh Co. Ltd., a prominent petroleum product import terminal and trader, have announced the start of the commissioning of the Cai Mep LNG terminal.
ConocoPhillips boosts processing efficiency with new Zia Hills Central Facility
ConocoPhillips’ newest central processing facility is significantly enhancing the company’s Zia Hills asset in New Mexico by optimizing operational costs, expanding processing capacity, reducing surface footprint and curbing emissions.
Karpowership and Petrobras forge strategic alliance to enhance integrated natural gas projects in the Americas
Karpowership and Petrobras have signed a Memorandum of Intent to combine their respective expertise in the natural gas and power sectors to guarantee supply and meet the demand of the energy industry across the Americas.
EU eyes Russia LNG transhipment ban, tighter control of sanction busting
The European Union is looking to enact harsher sanctions against Russia, including holding LNG owners more accountable for receiving Russian natural gas shipments.
Sinopec in talks with Pembina for LNG offtake of Cedar LNG project
China's Sinopec is in discussions with Pembina Pipeline Corp for a LNG offtake agreement and equity stake in the $4-B, 3-MMtpy Cedar LNG project in British Columbia, Canada.
First tanker in 12 days sets sail from Freeport LNG in Texas (U.S.)
The first tanker in 12 days set sail from Freeport LNG's Texas export terminal, signaling the resumption of gas processing after an outage this month.
Global pipelines construction outlook 2024: New LNG terminals sound call for more pipelines—Part 1
Mike Reed, Editor-in-Chief, Pipeline & Gas Journal, provides an overview of capital investments in pipeline construction. Part 1 examines capacity builds in North America, and Central and South America.
U.S. natgas prices slide 2% on forecasts for milder weather, lower demand
U.S. natural gas futures slid about 2% on forecasts for milder weather and less heating demand next week than previously expected and ample amounts of gas in storage.
Enbridge to form natural gas supply venture connecting Permian and Gulf Coast (U.S.)
Canadian pipeline operator Enbridge said it would form a venture with I Squared Capital and pipeline firms WhiteWater and MPLX to connect Permian supplies to the U.S. Gulf Coast to tap into strong LNG demand for exports.
SEFE to become sole shareholder of gas grid operator WIGA
German nationalized energy firm SEFE will take full ownership of gas transmission network WIGA by buying around half of it from joint venture partner Wintershall, in the latest sign of Berlin tightening its grip on energy infrastructure.
Russia's Gazprom ships first LNG cargo from Portovaya to Spain
Russia's Gazprom shipped a cargo of LNG from its small-scale Portovaya LNG plant on the Baltic Sea to Spain for the first time.
U.S. propane exports established a new record in December 2023
U.S. propane exports averaged a record 1.9 million bpd in December 2023, the highest since the U.S. EIA began collecting this data in 1973.
U.S. natgas prices drop 6% to one-week low on small storage withdrawal, mild weather
U.S. natural gas futures dropped about 6% to a one-week low on an expected much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.
Global Project Data
A snapshot of the global gas processing and LNG project landscape.
Navigating the complex LNG value chain
Capturing efficiency and visibility across the LNG value chain is possible with modern technologies. This article examines how boundless automation is managing data seamlessly from the field to the edge and into the cloud. This includes a move toward holistic, seamlessly integrated energy logistics software solutions that help operators visualize and manage the LNG value chain from end-to-end.
Europe's mild winter leaves gas stocks at record high
Europe is on track to end the winter with a record volume of gas in storage, which has pushed futures prices back to pre-crisis levels once inflation is taken into account.
Japan’s bloated gas stocks add to worldwide surplus
Japan’s gas inventories are well above normal for the time of year, part of a worldwide surplus in response to the period of exceptionally high prices stemming from Russia’s invasion of Ukraine in 2022.
Adani Total says Dhamra LNG terminal operating at 55% utilization rate
Adani Total Pvt Ltd's Dhamra terminal has received 15 commercial LNG cargoes since commissioning in May 2023 and is operating at a utilization rate of 55%.
Sanctions squeezing Sibur's supply of tankers for Ust-Luga LPG
Russia's largest petrochemical company and exporter of LPG Sibur is reducing LPG exports from the Baltic Sea port of Ust-Luga due to shortages of gas tankers amid sanctions.
Russia's Novatek to load first cargo from Arctic LNG 2 in February
Novatek, Russia's largest producer of LNG, may start loading first cargo from the Arctic LNG 2 plant in February.
Russia's Arctic LNG 2 to ship first tanker this month
Russia's Arctic LNG 2 project is set to load its first LNG tanker for Asia at the end of January despite disruptive U.S. sanctions.
QatarEnergy halts Red Sea LNG shipping amid attacks, seeking security advice
QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues.
Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023
Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe.
Engie Brasil sells 15% stake in gas pipeline firm TAG to Canada's CDPQ
Engie Brasil said it had reached a deal to sell a 15% stake in natural gas pipeline firm TAG to Canadian investment fund Caisse de Depot et Placement du Quebec for $641 MM.
Asia spot LNG price remains at 4-month low, falls 58% in 2023
Asian spot LNG prices remained at their lowest level in over 4 mos this week on strong inventories, mild weather and weak demand which are all bearish factors that are seen continuing into 2024.
Shell resumes LNG loadings from Prelude facility in Australia
Shell said it has resumed loading LNG cargoes from its Prelude facility offshore Australia following major maintenance.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Indonesia regulator confirms disruption at bp's Tangguh LNG project
