infrastructure

New Fortress Energy to sell Miami (U.S.) liquefaction and storage facility

New Fortress Energy announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.

Pembina acquires interest in Whitecap Resources' 165-MMft3d Kaybob gas complex

Pembina Pipeline Corp. announced that Pembina Gas Infrastructure Inc. has entered into a purchase and sale agreement with Whitecap Resources Inc. to acquire a 50% working interest in Whitecap’s 165-MMft3d Kaybob gas complex.

Texas governor looks to double state energy fund to $10 B to build gas plants

Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick said they will seek to expand the Texas Energy Fund program to $10 B to build more natural gas plants to meet the state's growing demand for electricity.

US judge halts Biden administration's pause on LNG permits

7/2/2024

A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).

Wood awarded concept study for Greater Sunrise LNG development

Wood will deliver a comprehensive concept study, considering engineering, technology, financing, commercial structures, fiscal, environmental, health & safety and socioeconomic drivers including local content.

China completes its largest LNG storage base

A subsidiary of China National Offshore Oil Corporation (CNOOC) has completed the construction of China's largest liquefied natural gas (LNG) storage base, a move that aims to ensure energy security and support green growth in the Yangtze River economic belt.

Aramco’s strategic gas expansion progresses with $25 B in contract awards

Aramco has awarded contracts worth more than $25 B to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030.

Desert Mountain Energy Corp. initiates helium production

Desert Mountain Energy Corp. (DME) has commenced operations at its helium processing plant on the West Pecos Field in New Mexico (U.S.).

FERC approves Venture Global's 20-MMtpy CP2 LNG project in Louisiana (U.S.)

The U.S. Federal Energy Regulatory Commission approved Venture Global's CP2 LNG export terminal project in Cameron Parish, Louisiana (U.S.).

Cedar LNG announces positive FID on 3.3-MMtpy FLNG project

Cedar LNG announced a positive final investment decision on the 3.3-MMtpy FLNG facility in the traditional territory of the Haisla Nation on Canada’s West Coast.

New DNV survey highlights oil and gas sector paradox

The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.

Shell to build carbon capture and storage projects in Canada

Shell announced the final investment decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately 650,000 tpy of CO₂ from the Shell-owned Scotford refinery and chemicals complex.

Argent LNG signs lease for 20-MMtpy Port Fouchon LNG export terminal

Argent LNG announced the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon, Louisiana (U.S.) for its 20-MMtpy LNG export terminal.

Rising U.S. labor costs threaten to derail new LNG projects

A shortage of skilled labor and nagging inflation from strong wage growth on the U.S. Gulf Coast are pressuring liquefied natural gas (LNG) developers and delaying some projects from reaching a financial go-ahead.

Summit Carbon Solutions granted approval by IUB for CO2 pipeline project

Summit Carbon Solutions is partnering with 57 ethanol plants in the U.S. to capture carbon dioxide from the fermentation process of biorefineries, such as ethanol plants, compress the captured CO2 and channel it to North Dakota where it will be permanently and safely stored underground in deep geologic storage locations.

IEEFA: LNG is not displacing coal in China’s transition to renewable power

Evidence from China, the world’s largest coal consumer, shows that LNG is unlikely to materially displace coal-fired power generation, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

EU approves $3.2 B in German hydrogen pipeline support

The European Commission has signed off on about €3 B ($3.2 B) of planned German state aid for building a system of hydrogen pipelines known as the Hydrogen Core Network.

New England (U.S.) utility closes import-dependent gas-fired power plant, keeps LNG import option

Although Constellation Energy will close the Mystic gas-fired power plant north of Boston (U.S.), it will continue to operate the Everett LNG terminal

Siemens Energy awarded $1.5-B Saudi energy supply contract

Siemens Energy is supplying key power plant technologies that will provide almost 4 GW to the Kingdom, and in addition has also entered a long-term maintenance contract for 25 years for the two power plants, with a total value of approximately $1.5 B.

QatarEnergy, Exxon seek to remove contractor from Texas gas project

Golden Pass LNG, a JV between QatarEnergy and ExxonMobil, is asking a court to immediately oust Zachry Industrial from the $10-B LNG project, a court filing showed.

Birchcliff and AltaGas enhance long-term partnership

Birchcliff and AltaGas enhance long-term partnership announced an expanded partnership focused on reducing long-term operating costs and connecting more liquified petroleum gas into premium global markets.

Maximum fill volume in propane, butane and LPG pressurized storage tanks

6/19/2024

This article details the maximum fill volume for propane, butane and LPG storage tanks at processing facilities.

Global pipelines construction outlook 2024—Part 2

6/19/2024

This article will provide a forecast on pipeline construction in Africa, Asia, Europe, Russia and the Commonwealth of Independent States (CIS), and the Middle East.

Insight hub: Pipeline data assessment and analysis

6/18/2024

This article examines how an operator's pipeline data can be used to add efficiencies to operations.

McDermott awarded ECI contract for Canada's first green hydrogen/ammonia facility

McDermott has been awarded an Early Contractor Involvement (ECI) agreement from Abraxas Power Corporation for the Exploits Valley Renewable Energy Corporation (EVREC) project located in Central Newfoundland.

Shell signs agreement to acquire Pavilion Energy

Shell Eastern Trading Pte. Ltd. has reached an agreement to acquire 100% of the shares in Pavilion Energy Pte. Ltd. Pavilion Energy includes a global LNG trading business with a contracted supply volume comprising about 6.5 MMtpy.

Kazakhstan to invest heavily in new gas processing plant capacity

The Ministry of Energy of Kazakhstan has initiated 60 investment projects valued at 17 trillion tenge (approximately $38 B) under the Nationwide Pool of Investment Projects.

Clean Energy expands Boron LNG facility in California (U.S.) by 50%

Clean Energy Fuels Corp. announced that construction of a third production train at its LNG plant in Boron, California, has been completed, increasing the plant’s volume capacity by 50%.

Vast and Mabanaft advance Port Augusta green methanol project in Australia

Vast Renewables Ltd., a renewable energy company planning to power green fuels production with its concentrated solar thermal power (CSP) energy systems, announced it has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance Solar Methanol 1 (SM1), a CSP-powered green methanol reference plant.

LNG newbuilding values at record high

The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first five months of 2024, an increase of c.129%.