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U.S. drives global natural gas demand to new highs in 2024
Power producers in the U.S. have lifted natural gas-fired generation to new highs over the first nine months of 2024, sustaining the country's position as the leading driver of global natural gas consumption.
Arbitration rules in favor of bp as sole buyer of Kosmos Energy's Senegal LNG project
Kosmos Energy said a Paris-based arbitrator has ruled in favor of bp, prohibiting Kosmos from selling to third parties LNG from the Greater Tortue project offshore Senegal and Mauritania.
Japan expands LNG flexibility via cooperation with South Korea, Italy
Japan has agreed on Sunday to study cooperating with South Korea and Italy on procurement of LNG as the world's second-biggest LNG importer after China seeks greater flexibility while strengthening its energy security.
McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design contract for the Rovuma LNG Phase 1 Project in Mozambique, a JV between ExxonMobil Development Africa B.V., Eni S.p.A. and CNODC Dutch Cooperatief U.A.
Tanker ships condensate from Russia's Arctic LNG 2 to port of Vitino
A tanker has begun making shipments of gas condensate to the Arctic port of Vitino from the Arctic LNG 2 project.
U.S. net natural gas exports remain flat in the first half of 2024
In the first six months of 2024, U.S. net natural gas exports (exports minus imports) averaged 12.6 Bft3d, 1% (0.1 Bft3d) more than the same period last year and 2% (0.3 Bft3d) less than in 2023, according to the U.S. Energy Information Administration’s (EIA) Natural Gas Monthly.
TotalEnergies will supply 200,000 tpy of LNG to HD Hyundai Chemical until 2033
In line with its strategy to grow its long-term LNG sales, TotalEnergies announced the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tpy of LNG for 7 years starting from 2027.
Norway's Gassco restarts key gas export plant after maintenance
Norwegian gas infrastructure operator Gassco has restarted the Kaarstoe processing plant, a key hub for gas supplies to Germany, and is ramping up output following three weeks of maintenance.
ABS signs MoU with HD KSOE to advance zero-carbon ships
Enhancing their collaboration on cutting-edge marine and technology projects, ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) have signed a memorandum of understanding (MoU) to advance the development and certification of innovative systems for next-generation, zero-carbon ships.
LNG contracting off to a great start in 2024
Long-term LNG contracting activity is off to a strong start in 2024. Since the beginning of the year, 58 MMtpy of LNG SPAs (sales purchase agreements), capacity agreements and Heads of Agreements (HOAs) have been signed. This follows over 94 MMtpy of new LNG SPAs and HOAs agreed upon last year.
UGS installs biogas upgrading system in Michigan and Wisconsin (U.S.)
Unconventional Gas Solutions announced the successful commissioning of two innovative biogas upgrading plants in the U.S. states of Michigan and Wisconsin. The two plants, which together feed 800 Nm3/hr of biomethane into the local gas grid, are the first UGS systems of their kind.
Saudi Aramco wants to be a major LNG gas player, gas chief says
The world's largest oil producer, Saudi Aramco, wants to become a major LNG player, the head of its natural gas business said on Tuesday.
Wood to design the DeLa Express natural gas pipeline project in Texas and Louisiana (U.S.)
Wood has been awarded the front-end engineering design the DeLa Express pipeline project being developed to deliver liquids-rich natural gas from the Permian Basin of West Texas to the U.S. Gulf Coast and international export markets.
Chevron Shipping Co. and MOL to install Wind Challenger on LNG carrier
As part of their ongoing commitment to lower the carbon intensity of their operations, Chevron Shipping Company LLC (Chevron), a subsidiary of Chevron U.S.A. Inc., and Mitsui O.S.K. Lines Ltd. (MOL), have announced an agreement to install Wind Challenger, a hard sail wind-assisted ship propulsion system developed by MOL and Oshima Shipbuilding together, to a new-build LNG carrier under long-term charter from MOL Encean Pte. Ltd. (MOL’s 100% indirectly owned subsidiary) to Chevron Asia Pacific Shipping Pte. Ltd.
EU LNG import utilization falls as demand declines
European Union LNG import terminals are being utilized less as demand for the fuel continues declining across the continent, increasing the realization that Europe’s LNG import infrastructure will become increasingly underutilized as gas use drops further.
Helen Oy, MAN Energy Solutions and H-TEC SYSTEMS partner to build Helsinki hydrogen plant
Helen Oy is joining MAN Energy Solutions and H-TEC SYSTEMS to build a 3-MW green hydrogen production plant in the vicinity of Helsinki’s district heating network and the Vuosaari Harbour.
ORLEN secures EU grant for hydrogen projects
The international HySPARK project, led by ORLEN in collaboration with a consortium of 17 global partners, has become the first in Poland to receive funding from the EU Clean H2 Partnership program. Close to €9 MM will be allocated to the production and testing of H2-powered vehicles for Chopin Airport and Warsaw’s public transportation system.
LNG entities under U.S. sanctions to curb Russia's Arctic LNG 2 project
The U.S. has imposed sanctions on hundreds of entities and individuals for supporting Russia's war effort in Ukraine, including companies supporting the development of Russia's Arctic LNG 2 project and its shipment of LNG, as well as other future energy projects.
Azerbijani President confident on Russian deal that will keep gas flowing to several European countries
Azerbaijani President Ilham Aliyev said he was optimistic of a breakthrough in talks between Moscow and Kyiv to keep Russian gas flowing through Ukraine to several European countries.
Poland's Orlen signs Lithuania deal to boost LNG deliveries
Polish refiner Orlen 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.
Santos signs 500,000-tpy LNG supply contract with Glencore
Santos will supply 19 LNG cargoes, or up to approximately 500,000 tpy of LNG over a period of 3 yr plus one quarter to Glencore Singapore Pte Ltd.
Rohe Solutions begins bio-LNG production at the Hamina LNG terminal
Rohe Solutions started the production of Bio-LNG (liquefied biomethane) at the Hamina LNG terminal in Finland. Bio-LNG is produced using biomethane from the gas grid in a process called liquefaction from the grid.
U.S. LNG export dominance tested as Europe's demand wilts
The United States has remained the largest exporter of liquefied natural gas (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.
LNG tankers line up at Malaysia's Bintulu complex after maintenance
A backlog of liquefied natural gas (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.
ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
ONEOK announced that it has executed a definitive agreement with Global Infrastructure Partners under which ONEOK will acquire interest in EnLink Midstream and Medallion Midstream for nearly $6 B.
Kremlin says Europe will pay more unless Ukraine extends gas transit deal
European consumers will face higher prices unless Kyiv agrees to extend a deal on Russian gas transit via Ukraine once it expires on Dec. 31.
Nu:ionic Technologies (Canada), HybriGenix Futures to collaborate on hydrogen production facility in Canada
Nu:ionic Technologies (Canada), Inc. and HybriGenix Futures Inc. announced the signing of a Memorandum of Understanding (MOU) to collaborate on an innovative clean power and hydrogen production facility in Alberta, Canada.
Nigeria's NNPC sending LNG cargoes to Japan and China
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.
Qatar strikes another 15-yr LNG supply deal with Kuwait
Qatar agreed to supply Kuwait with 3 MMtpy of LNG for 15 years, as Kuwait imports the fuel to help meet rising demand for power generation.
Amigo LNG secures supply agreement with E&H Energy
Amigo LNG announced that it has entered into a long-term LNG supply agreement with E&H ENERGY SDN BHD of Malaysia.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
