LNG
U.S. natural gas futures drop 4% on rising output, milder weather
U.S. natural gas futures dropped about 4% on Monday on rising output and forecasts for milder weather and less heating demand than previously expected, which should allow utilities to start injecting gas into stockpiles this week.
Philippines set to receive first-ever LNG cargo for power generation
The Philippines has bought its first-ever liquefied natural gas cargo, which will be delivered this month, bound for a new terminal that will fuel a 1,200-megawatt power plant.
Chevron Lummus Global selected for Brazil's Petrobras Gaslub Hub
Chevron Lummus Global LLC announced a recent contract award from Petróleo Brasileiro S.A. for a new 12,580 bpd hydroisodewaxing unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil.
Baker Hughes announces major LNG order from QatarEnergy for the North Field South Project
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas.
Vietnam needs $11.5-B to expand national fuel storage capacity by 2030
Vietnam would need investment of up to $11.51 B to expand its national fuel storage system by 2030 citing a draft plan prepared by the Ministry of Industry and Trade.
Finland's floating LNG terminal to receive first commercial cargo
Finland is set to receive the first commercial delivery of liquefied natural gas to the Inkoo floating terminal set up to replace Russian gas supply after the start of the war in Ukraine.
Gazprom's exports to Europe up 4% in March from Feb
Gazprom's gas supplies to Europe were up 4% on a daily basis in March compared to February based on shipment data from Gazprom's daily transit volumes sent through Turkey and Ukraine.
Asia spot prices maintain downtrend on tepid demand
Asian spot liquefied natural gas this week hit its lowest since early July 2021 as weak demand and solid inventories in northeast Asia continued to pressure prices, while Europe prepared to exit winter with record inventories.
Barcelona to Italy LNG exports rose 17-fold in 2022 amid Ukraine war impact
Seaborne exports of liquefied natural gas from Barcelona to Italy rose 17-fold in 2022 from the prior year, while shipments in the first two months of 2023 alone accounted for 45% of last year's traffic.
Venture Global LNG delays commercial ops at Calcasieu in Louisiana
U.S. liquefied natural gas company Venture Global LNG told federal energy regulators and customers that it needs to make repairs at Calcasieu Pass in Louisiana that will delay the start of the export plant's full commercial operations.
China’s LNG imports to show small rebound in 2023
China’s liquefied natural gas imports fell sharply in 2022 because of the disruption caused by lockdowns to control the coronavirus epidemic and the massive exit wave of infections when they were lifted.
Freeport LNG's Texas export plant back at full power, data shows
U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to pull in as much natural gas from pipelines as the facility can process into LNG, a sure sign that it was back at full power.
US natgas flows to Freeport LNG export plant in Texas rise
The amount of natural gas flowing to U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to hit its highest on Wednesday since shutting in June 2022.
French strikes hit refining, LNG imports
France's fuel supplies have been disrupted by more than three weeks of strikes against the government's pension overhaul, with production halted at three of its seven refineries, reduced at two, and two others undergoing maintenance.
bp, ADNOC offer to buy 50% of Israel's NewMed Energy
bp and Abu Dhabi's state oil giant offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2-B.
SocGen confirms it pulled out of Texas LNG project
French bank Société Générale has pulled out of the U.S. energy company NextDecade's Rio Grande Liquefied Natural Gas (LNG) project in Texas last year.
EU countries seek legal option to stop Russian LNG imports
European Union countries agreed on Tuesday to seek a legal option to stop Russian companies sending liquefied natural gas to EU nations, by preventing Russian firms from booking infrastructure capacity.
Australia's gas sector says more supply is the answer
The Australian natural gas sector believes it has the solution to warnings of a shortfall in domestic supplies in coming years: produce more.
Baker Hughes to supply liquefaction trains for Sempra Infrastructure’s Port Arthur LNG Phase 1 Project
Baker Hughes announced it has been awarded an order by Bechtel to supply two Main Refrigerant Compressors (MRCs) for Sempra Infrastructure’s Port Arthur LNG Phase 1 project in Jefferson County, Texas.
Spain asks gas importers to wean themselves off Russian LNG
The Spanish government has asked liquefied natural gas (LNG) buyers to refrain from signing new contracts for Russian gas once existing contracts have expired.
Asia spot prices of LNG slip as weak northern demand remains
Asian spot prices of LNG declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continues to pressure prices down.
India's coal + renewables mix makes for messy energy transition
India has emerged as a renewable energy star after boosting solar capacity by a whopping 28% in 2022, rivalling China's growth rate and outpacing European heavyweights which deployed record funding on energy transition efforts last year.
French power sector battered again by ongoing strikes
Industrial action disrupting French refineries, liquefied natural gas (LNG) terminals, power supply and reactor maintenance stretched into a 16th day as protests against the government's forced pension plan reform continue.
Freeport LNG cancels some March cargoes on restart hiccups
The second biggest U.S. liquefied natural gas (LNG) export plant, Freeport, has cancelled up to four shipments of LNG, due to restart snags after an eight-month-long outage.
French strikes continue to block refinery shipments and LNG terminals
Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced flow.
TotalEnergies' bet on gas means no big emissions cut by 2030
French oil major TotalEnergies forecasts its overall greenhouse gas emissions will not see a big reduction by 2030 given it wants to grow its gas business.
Angola LNG operating at reduced rates, tenders withdrawn
Angola's only liquefied natural gas (LNG) project, Angola LNG, has recently cancelled tenders due to production issues at its plant.
Sempra launches Port Arthur LNG project
Sempra announced that its 70%-owned subsidiary, Sempra Infrastructure Partners, LP (Sempra Infrastructure), reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas.
Repsol scraps plans for east coast Canada LNG terminal
Repsol has decided against developing a liquefied natural gas terminal on Canada's east coast because it would cost too much to ship the gas to the terminal.
PCS Software improves shipment routing and service for Sapphire Gas Solutions
PCS Software, the leading all-in-one, artificial intelligence transportation management platform for shippers, carriers, and brokers, announced that Sapphire Gas Solutions has gone live with PCS’s Shipper Transportation Management System Platform.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- 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
- Toyo awarded EPC contract for Dahej LNG terminal (India)
