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Williams to buy natural gas storage assets for $1.95 B
Pipeline operator Williams said it would buy a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 B.
Samsung Heavy says it has stopped making blocks for Russian shipyard's LNG carriers
Samsung Heavy Industries said it has stopped making blocks and equipment for 10 out of 15 Arctic LNG carriers contracted with Zvezda.
China seeks exemption from U.S. sanctions on Russian LNG plant
China's state oil majors CNPC and CNOOC have both asked the U.S. government for exemptions from sanctions on Russia's Arctic LNG 2 export plant.
Asia LNG prices hit 4-mos low despite supply, geopolitical concerns
Asian spot LNG prices hit their lowest level in over 4 mos this week on strong inventories and weak demand despite supply concerns as more tankers avoid the Red Sea, following attacks launched by Yemen's Houthi group on commercial ships.
Woodside Energy to supply LNG to Pilbara Minerals unit
Woodside Energy said it had signed a sales and purchase agreement with a unit of Pilbara Minerals for the supply of domestic LNG from its Pluto Truck Loading Facility in Western Australia.
Centrica pumps gas from Rough storage into UK grid as demand rises
British Gas owner Centrica has released stored gas from its largest storage facility into the national grid for the first time this winter, it said on Tuesday, seeking to manage rising heating demand and contain prices.
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.
Japan approves JERA plan to keep surplus LNG in winter
Japan's industry ministry has approved a plan by the country's top power generator JERA to hold a surplus of LNG in the winter as a strategic reserve in case of supply disruptions.
Asia spot LNG holds steady as demand weak, inventories high
Asian spot LNG prices slipped slightly this week, as demand was weak and inventories remained high in both Northeast Asia and Europe.
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.
Colombia's Ecopetrol analyzing possibility of importing natural gas from Venezuela
Colombia's state-owned oil company Ecopetrol is exploring an offer from Venezuela's PDVSA to supply the Andean country with gas from December 2024.
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.
EU poised to propose extending energy crisis measures - official
The European Commission wants to extend emergency energy measures passed last year to cope with Europe's gas crisis to guard against future price shocks and quickly build-out renewable energy.
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.
European LNG: The current market and its future
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.
Avenir LNG places LNG bunker trio with Wilhelmsen Ship Management
London-headquartered global energy supplier for small-scale LNG and gas carrier owner Avenir LNG Limited has awarded the management of three LNG bunker vessels to Wilhelmsen Ship Management.
The story behind engineering the world’s largest post-combustion carbon capture plant
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.
China LNG buyers expand trading after adding more US, Qatari contracts
China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.
Asian buyers may seek U.S. LNG if Australia worker disputes worsen
Major Asian buyers of LNG could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate.
Cheniere Energy strikes LNG supply deal with BASF
Cheniere Energy said it would supply 800,000 tpy of LNG to Germany's BASF.
Cheniere shunning Panama Canal for longer LNG routes to Asia
Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal.
Vietnam receives first LNG cargo in bid to develop new power supply
State-owned PetroVietnam Gas said it had received a cargo of 70,000 metric tons of liquefied natural gas from Singapore-based Shell Eastern Trading, marking Vietnam's first ever LNG import.
Italy energy minister sees LNG terminals covering 50% of gas needs
Italy's Environment and Energy Minister Gilberto Pichetto Fratin said that deliveries by ship of liquefied natural gas were a reliable source of energy that could cover 50% of the country's gas needs.
LNG-exporting Gulf Coast states drove U.S. natural gas demand growth
U.S. natural gas demand, domestic consumption plus gross exports, increased 43%, or 34.5 bcf/d, from 2012 to 2022.
INEOS Energy charters two LNG carriers to create virtual LNG pipeline from the U.S. to Europe
INEOS Energy Trading has today signed agreements with Mitsui O.S.K. Lines for two new build LNG carriers, to be used for the import of LNG into Germany from the United States.
Fuel gas blending: Follow the H2 signal
In some cases, it may be practical to blend hydrogen (H2) into the local natural gas distribution network via an agreement with local utilities, but regardless of the strategy, blending must be carefully controlled. This article examines these challenges.
LNG developer Venture Global spars with customers over cargoes
Venture Global LNG, which is building three multi-billion dollar U.S. liquefied natural gas processing plants, is sparring with two customers of its first project over mechanical failures that have prevented commercial deliveries a year after initial shipments began.
Alberta wildfires hit gas flow out of Canada to U.S., spiking prices
Abnormally hot and dry weather is set to return to Alberta after a couple of cooler days helped calm wildfires that have slowed the flow of natural gas out of Canada into the United States and lifted gas prices.
- 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
