LNG
Europe's October LNG imports show rare increase, Asia's dip
Europe's imports of liquefied natural gas (LNG) rose in October for the first month in 10 while those in Asia dropped for the first time since June, but not by enough to stop the combined total from increasing.
Trump unlikely to undo Biden's IRA climate legislation, TotalEnergies executive says
French oil major TotalEnergies does not anticipate that Donald Trump would pull the U.S. out of the Paris Agreement on climate change or undo Inflation Reduction Act (IRA) legislation if he became U.S. president again.
Glenfarne selects Kiewit to build Texas LNG export plant
U.S. energy company Glenfarne Group LLC has selected construction contractor Kiewit to build its proposed Texas liquefied natural gas (LNG) export terminal in Brownsville, Texas.
Crown LNG executes final agreements to acquire Kakinada and Grangemouth LNG import terminal assets
Crown LNG Holdings Ltd., a leading provider of liquefied natural gas (LNG) liquefaction and regasification terminal technologies for harsh weather locations, has concluded two strategic acquisition agreements forming the basis of Crown LNG's entry into the global LNG infrastructure network: KGLNG and Grangemouth.
China's Sinopec signs agreement for 15-yr LNG deal with TotalEnergies
China's state oil and gas major Sinopec Corp said it has signed Heads of Agreement to buy from TotalEnergies 2 MMtpy of LNG a year for 15 yrs starting 2028.
LNG producer Cheniere tops 3Q profit estimates, raises annual forecast
Top U.S. LNG exporter Cheniere Energy on Thursday raised its annual core profit forecast after higher demand for liquefied natural gas (LNG) helped it top 3Q estimates.
Japan's Mitsubishi sees LNG capacity growing to > 17 MMtpy in early 2030s
Japanese trading house Mitsubishi said it sees its liquefied natural gas (LNG) output capacity growing by 5 metric MMtpy to > 17 MMtpy early in the 2030s thanks to its stakes in projects including in Malaysia and Canada.
Woodside and Tokyo Gas in discussions over stake in U.S. LNG project
Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana (U.S.) liquefied natural gas (LNG) export project.
U.S. LNG exports to increase at slowest pace since 2016
U.S. liquefied natural gas exports this year will increase about 2%, analysts estimate, the smallest annual increase since 2016 when the first big U.S. LNG export plant opened, launching a boom that drove the country's producers to the top of world gas exporters.
Russian shipyard delays ice-class tankers for Arctic LNG 2
Russia's Zvezda shipyard is again delaying delivery of ice-class Arc7 gas carriers for liquefied natural gas (LNG) plant Arctic LNG 2 to early 2025, in yet another blow for the country's huge energy project.
Britain's Centrica signs 10-yr U.S. gas deal with Coterra
British utility Centrica and U.S. producer Coterra Energy have entered into two gas sale and purchase agreements, which will reduce market risk in Centrica's liquefied natural gas (LNG) portfolio.
U.S. elections pose bearish risk to global LNG markets
The upcoming U.S. election could pose a bearish risk to global natural gas markets, specifically liquefied natural gas (LNG), despite the anticipated limited near-term impact on domestic markets.
JPMorgan looks to resume trading physical LNG
JPMorgan Chase is in talks to resume trading physical LNG after more than a decade. The bank has had talks with at least three projects under development in the Gulf Coast to get a long-term LNG supply.
QatarEnergy takes 50% stake in TotalEnergies solar project in Iraq
QatarEnergy, one of the world's top suppliers of liquefied natural gas (LNG), said on Monday it had agreed to take a 50% stake in TotalEnergies' 1.25-gigawatt solar project in Iraq.
Sapphire Gas Solutions secures DOE approval for LNG export authorization
Sapphire Gas Solutions (Sapphire), a leader in liquefied natural gas (LNG), compressed natural gas (CNG) and renewable natural gas (RNG) solutions, has received approval from the U.S. Department of Energy (DOE) to export domestically produced LNG under a long-term, multi-contract authorization through 2050.
Russia's Novatek shuts down commercial operation at Arctic LNG 2 train
Russia's Novatek shut down commercial operations at the first and only operational train of its Arctic LNG 2 project earlier this month with no plans to restart it during winter.
LNG shipping rates tumble to multi-year lows as new vessels come online
Liquefied natural gas (LNG) shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at a faster rate than LNG production is rising and spot demand still tepid.
Tanker anchors near Venture Global LNG's Plaquemines plant in Louisiana
The Venture Bayou, a liquefied natural gas (LNG) tanker, was anchored near the mouth of the Mississippi River early Monday on its way to Venture Global LNG's Plaquemines export plant under construction in Louisiana.
AG&P LNG to acquire Australia's Venice Energy, develop South Australian import terminal
Singapore-based Atlantic, Gulf and Pacific (AG&P) LNG has agreed to fully acquire Australian energy infrastructure developer Venice Energy and develop its Outer Harbor import terminal in South Australia.
India Petronet aims to start Gopalpur LNG plant in 2027
India's top gas importer Petronet LNG aims to start operating a 5-metric MMtpy liquefied natural gas (LNG) terminal at Gopalpur in eastern Odisha state in 2027.
ExxonMobil, Qatar get 3-yr extension to build their LNG plant in Texas
Federal regulators on Thursday gave an ExxonMobil and Qatar Energy LNG joint venture a 3-yr extension to finish building their Golden Pass LNG plant.
SLNG, MOL, Jurong Port and Wood to develop Second LNG Terminal In Singapore
Development of Singapore’s second liquefied natural gas (LNG) terminal has progressed from the planning to the execution phase, with agreements signed separately between the terminal’s developer and operator, Singapore LNG Corporation Pte Ltd (SLNG), and entities of Mitsui O.S.K. Lines Ltd (MOL) group, Jurong Port Pte Ltd (Jurong Port) and Wood plc (Wood) group.
India's GAIL seeks more long-term LNG import deals
GAIL (India) is seeking long-term import deals for liquefied natural gas (LNG) amounting to 5.5 MMtpy, raising its capacity to 21 MMtpy by 2030.
LNG-fueled trucking accelerates in Asia, denting diesel demand
Trucking fleets in China are embracing cleaner-burning LNG for fuel, accelerating a decline in diesel demand and rattling suppliers to the world's biggest oil importer.
bp's head of LNG trading to leave at year-end
bp's head of liquefied natural gas LNG trading, Jonty Shepard, will be leaving the company at the end of the year.
New report outlines pathways to preserve and expand U.S. dominance in global LNG
The National Center for Energy Analytics (NCEA) has published a report examining the politicization of liquid natural gas (LNG) exports and recommending three pathways to ensure the United States maintains and even expands the economic and geopolitical benefits from its dominant position in the global LNG market.
Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
Amarinth, a world-leading, net-zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment—primarily for the offshore and onshore oil and gas industries; nuclear and renewable energy generation; defense; desalination; process and industrial markets—has secured a $1-MM order for API 610 OH2 pumps with Plan 53B seal support systems for the Coral North liquefied natural gas (LNG) project in Mozambique.
Next wave of LNG supply delayed to 2027 due to project hold-ups, TotalEnergies says
The next wave of liquefied natural gas (LNG) supply will come online from 2027, later than the earlier forecast of 2025, due to project delays.
U.S. appeals court likely to reject challenge to Alaska LNG exports
A U.S. appeals court on Monday appeared likely to reject a challenge by environmental groups to the Biden administration's decision to approve exports from a planned $39-B liquefied natural gas project (LNG) in Alaska.
Thailand's B.Grimm Power seeks short- and long-term LNG supply
Thailand power firm B.Grimm Power is seeking five to seven liquefied natural gas (LNG) cargoes for delivery in 2025 and 2026.
- 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
