economics
Finland's Gasgrid to offer spot for new November LNG cargo
Finland's Gasgrid, which operates the Inkoo floating LNG import terminal at Inkoo, will offer an additional late spot in November in a cargo booking window planned for Oct. 20.
Russia aims to boost LNG sales, trade with China via NSR, Novak says
Russia wants to increase trade with China via the Northern Sea Route and become its top supplier of LNG.
Technip Energies has complied at all times with applicable sanctions in relation to the Arctic LNG 2 Project
As of February 24, 2022, the date of the invasion of Ukraine, Technip Energies was overseeing the Arctic LNG 2 project in Gydan, northern Russia. The contract, awarded in 2019, covered engineering, equipment procurement and the construction of three LNG trains.
Germany builds up LNG import terminals
State-owned Deutsche Energy Terminal will hold two auctions for short-term regasification capacities in 2024 at LNG terminals at Brunsbuettel and Wilhelmshaven 1 on October 16 and 23.
U.S. grants license amendment to Trinidad for joint gas project with Venezuela
The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development of an offshore gas project with Venezuela.
Shell calls Energy Transfer reliable, supports LNG license application
Shell PLC has submitted a letter to the U.S. Energy Department in support of Energy Transfer's request for a new license to export LNG to countries without free trade agreements with the U.S., saying the pipeline operator is a reliable gas supplier.
Russian gas supplies to China may soon match exports to West Europe
Russian pipeline gas supplies to China may soon match volumes sent to Western Europe.
Abu Dhabi's ADNOC Gas signs 2-yr LNG supply deal with Japan's JERA
Abu Dhabi's ADNOC Gas and Japan's JERA Global Markets signed a LNG agreement valued between $500-700 MM.
Work on Europe's largest carbon capture site to start in Rotterdam next year
Construction of Europe's largest carbon capture and storage facility will begin in the Rotterdam port area next year.
Chevron and LNG workers in Australia agree on deal
Chevron Australia and employees at its two LNG plants in Australia reached an agreement on pay and conditions, ending an impasse that had led workers to threaten renewed strikes later this week.
Some of lost European gas demand may be gone for good
The chief executive of Vitol, the world's top independent energy trader, said that some of the lost demand for gas in Europe following a recent spike in prices may be gone for good.
Saudi Aramco looking at additional investments in LNG
The chief executive of Saudi Arabia's oil group Aramco, Amin Nasser, said his company is looking at more investments in LNG to boost its plans to become a leading player in the seaborne gas market.
Marathon Oil signs deal with Glencore for Alba gas in Equatorial Guinea
Marathon Oil said it has entered into a five-year LNG sales agreement with a unit of Glencore for a portion of its natural gas produced from the Alba Field in Equatorial Guinea, boosting its presence in the European LNG market.
Italy's Eni, Britain agree to rules for carbon capture project
Italy's Eni said it had reached an agreement with Britain's government on the key terms and conditions for providing services in one of the carbon capture and storage projects under development in the country.
Russia-China oil and gas cooperation in focus as Putin visits Xi
Beijing has rejected Western criticism of its growing partnership with Moscow in light of Russia's conflict in Ukraine and it insists the ties do not flout international norms, and China has the prerogative to collaborate with whichever country it chooses.
Chevron LNG workers in Australia reaffirm strike plans
Workers at Chevron's two LNG plants in Australia reaffirmed their plan to resume strikes as mediated talks continue, with the U.S. energy major saying that workers were being unreasonable.
Trinidad to sign Atlantic LNG restructuring agreement next month
An agreement to restructure Trinidad and Tobago's flagship LNG project will be signed by its owners in London next month.
Venture Global receives approval for LNG plant steam generator modifications
The U.S. Federal Energy Regulatory Commission granted LNG company Venture Global LNG to proceed with the heat recovery steam generator modifications at the Calcasieu Pass LNG export plant in Louisiana.
Asia spot LNG prices rise as geopolitical tensions fuel supply woes
Asian spot LNG prices climbed $1 this week despite muted demand, tracking European gas prices, on concerns over tensions in the Middle East and damage to the Balticconnector gas pipeline linking Estonia and Finland.
U.S. awards $7 B to seven U.S. hydrogen hubs
The Biden administration is expected to announce the winners of $7 B in federal grants to build out regional hydrogen hubs.
Finland's new LNG terminals can compensate for Balticconnector pipeline loss
Two new terminals for importing LNG to Finland have enough capacity to cover peak winter demand, making up for supply lost via the damaged Balticconnector pipeline.
How does Norway export its natural gas?
Norway is Europe's largest gas exporter, exporting more than 120 bcm of gas in 2022 via a network of subsea pipelines to consumers, such as Britain and Germany. In addition, it ships LNG.
Seaspan and AES sign MoU to collaborate on LNG bunkering business development
In the framework of the 3rd International LNG Global Forum, held in Cartagena, Colombia, Seaspan has signed a Memorandum of Understanding with global energy company, AES.
QatarEnergy, TotalEnergies sign 27-year LNG supply agreement
Qatar secured its largest and longest European gas supply deal from Doha's massive production expansion project, providing France with up to 3.5 million metric tons of LNG a year for 27 years.
Tellurian seeks three-year extension to finish Louisiana LNG plant (U.S.)
U.S. LNG developer Tellurian Inc has asked regulators for a three-year construction permit extension to complete its $25-B LNG export facility, according a government filing.
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.
TotalEnergies Marine Fuels completes first LNG bunkering for Angelicoussis Group's dual-fueled vessels
TotalEnergies Marine Fuels has recently completed its first LNG bunkering operations for two new, dual-fueled vessels owned by the Angelicoussis Group following bilateral short-term supply deals struck on the spot market, signaling the growing maturity of the lower-carbon marine fuel.
Putin says Germany is shooting itself in foot by not buying Russian gas via Nord Stream 2
Russian President Vladimir Putin said that Germany's refusal to certify the Nord Stream 2 pipeline and buy Russian gas from it did not make economic sense for Berlin which was instead paying much more for U.S. LNG.
ABB applies electrical expertise at major green hydrogen site in Denmark
ABB has been contracted by Danish company H2 Energy Esbjerg ApS to provide basic electrical engineering for the power distribution from grid point of connection to electrolyzers, and for other process equipment at its 1 GW hydrogen production facility in Esbjerg and hydrogen distribution hub in Fredericia, Denmark.
Chevron halts gas exports via EMG pipeline from Israel to Egypt
Chevron has halted natural gas exports through a major subsea pipeline between Israel and Egypt and is supplying gas via an alternative pipeline through Jordan.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
