LNG
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%.
Mitsubishi Shipbuilding launches new LNG-powered RO/RO ship
Mitsubishi Shipbuilding Co. Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, held a christening and launch ceremony for the Trans Harmony Green, the first of two LNG-powered roll-on/roll-off (RO/RO) ships under construction for Toyofuji Shipping Co. Ltd.
Crude oil tanker market grapples with aging fleet, shipyards focus on large container and LNG ships
The crude oil tanker market is grappling with an aging fleet of vessels which need to be replaced, posing a challenge as shipyards are focused on building other types of ships
CPGC and BASF sign framework agreement on carbon capture technology onboard LNG carriers
CSSC Power (Group) Corp. Ltd. (CPGC) will install its advanced Onboard Carbon Capture System (OCCS) on multiple LNG carriers and utilize BASF’s OASE® blue technology.
Freeport LNG sues three contractors over defects at Texas plant
U.S. LNG exporter Freeport LNG filed a lawsuit in April against three contractors, alleging that installation defects in electric motors at its $14-B Texas export plant caused prolonged outages and costly repairs.
Venice Energy's search for LNG development partners receives strong interest
The future of a proposed LNG import terminal project in South Australia has become clearer following strong interest from several international energy development companies with ties to both the U.S. and Asia.
Golden Pass LNG construction turmoil to delay Texas plant's startup
The startup of Golden Pass LNG, the QatarEnergy and ExxonMobil $11-B JV LNG project in Texas, has been delayed by at least six months due to construction turmoil, according to analysts.
QatarEnergy selects CPC as North Field expansion partner, signs 4 MMtpy LNG SPA for 27 years
QatarEnergy signed definitive agreements with CPC Corporation, Taiwan (CPC) covering the long-term supply of LNG to CPC and partnership in the North Field East (NFE) LNG expansion project.
Bangladesh's Summit LNG to send damaged FSRU to Singapore or Middle East for repairs
Bangladesh's Summit LNG said its floating storage and regasification unit (FSRU) was ready to discharge the liquefied natural gas (LNG) it had onboard before proceeding to Singapore or the Middle East for necessary repairs.
Scorching heat drives India's gas-fired power use to multi-year highs in May
Sweltering heat and policy measures are fueling a surge in the use of gas-fired power in India, with imports of LNG forecast to rise sharply over the next two years.
FSRU Toscana: First maintenance phase has been completed
OLT Offshore LNG Toscana announced that the first phase of maintenance intervention at the FSRU Toscana terminal has been successfully completed and on time.
TotalEnergies increases LNG deliveries to Asia with two new contracts
In line with its strategy to grow its LNG business, TotalEnergies announced the signing of two new LNG medium- and long-term contracts in Asia with Indian Oil and Korea South-East Power.
Saudi Aramco holding LNG talks with Tellurian, NextDecade
Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production.
Pantheon Resources, Alaska LNG developer sign agreement on natural gas sales
Pantheon Resources has signed an agreement establishing the terms for future sales of its natural gas to a unit of state-backed Alaska Gasline Development Corporation.
Saudi Aramco in LNG talks with US Tellurian, NextDecade
Oil giant Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production.
JERA sells equity stake in Freeport LNG (U.S.) to Japan Petroleum Exploration Co.
JERA plans to sell an equity stake in Freeport LNG to Japan Petroleum Exploration Co., Ltd.
GTA LNG project reaches significant milestone with arrival of FPSO vessel
The FPSO vessel has arrived safely at the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, located offshore Mauritania and Senegal
Decarbonizing the Pilbara-to-Asia export trade route: Joint study demonstrates pathway to net-zero emissions
A recent joint study revealed that well-to-wake emissions in the Pilbara-to-Asia iron ore export trade route can be reduced by over 90% by 2050 through the use of liquefied methane (LNG).
Aethon Energy to acquire Tellurian's integrated upstream assets
Tellurian Inc. and Aethon Energy Management announced an agreement for Aethon to acquire Tellurian’s integrated upstream assets for $260 MM, alongside a Heads of Agreement for Aethon to purchase 2 MMtpy of LNG from Tellurian’s Driftwood LNG plant.
Japan, EU agree to work on creating hydrogen demand and supply
Japan and the European Union agreed to work together on policies related to creating demand and supply for clean hydrogen as well as to cooperate in advancing technologies to develop the new fuel
Norway outage pushes European gas prices to highest this year
Norway's gas exports to Europe fell sharply on Monday as a shutdown of the offshore Sleipner hub halted operations at the Nyhamna onshore processing plant, pipeline operator Gassco said, lifting European prices to their highest level this year.
OPW separates into two business units: Clean Energy Solutions and Propane Energy Solutions
OPW announced that its OPW Clean Energy Solutions business unit will be divided into two distinct business units: the existing Clean Energy Solutions and the new Propane Energy Solutions.
Goldman Sachs: Global LNG market to grow by 50% by 2029
Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.
Proposed EU ban on Russian LNG transhipments pose no problems for Asia
Proposed new European sanctions targeting transhipments of Russian liquefied natural gas (LNG) are unlikely to impact Asian buyers, Kadri Simson, European Commissioner for Energy.
Sponsored: Performance improvements offer longer maintenance-free service for LNG assets
The hidden dangers of corrosion under insulation (CUI) span the oil and gas industry from upstream operations to midstream infrastructure to downstream applications, including the production of liquified natural gas (LNG).
Tokyo Gas seeks more U.S. natural gas assets
Japan's top city gas supplier Tokyo Gas is looking to add more U.S. natural gas assets, its president said on Monday, as it aims to expand its gas-related businesses in North America after its recent acquisition of a U.S. shale gas producer.
U.S. LNG exports rise in May as Freeport LNG returns to production
U.S. exports of liquefied natural gas (LNG) rebounded in May as Freeport LNG, the country's second-largest exporter of the superchilled gas, returned to full production and as more supplies flowed to Asia.
Extreme Asian heat spurs LNG demand ahead of summer months
Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.
Woodside gets $1 B in funding for Scarborough LNG project
Woodside will receive $1 B in funding for its flagship Scarborough LNG project from state-owned Japan Bank for International Cooperation.
Chevron Australia says full LNG production resumed at Gorgon facility
Chevron has resumed full liquefied natural gas (LNG) production at its Gorgon Gas facility in Australia, after a mechanical fault caused one production train to go offline in late April.
- 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
