LNG
Italy's Intesa Sanpaolo adds to list of banks shunning Papua LNG project
Italy's largest banking group, Intesa Sanpaolo, and the Asian Development Bank (ADB) said they will not finance a $10-B LNG project in Papua New Guinea, as environmental groups lobby against the project being developed by France's TotalEnergies, Australia's Santos and U.S.-based ExxonMobil.
A novel process and machinery unit for the highly efficient liquefaction of renewable natural gases
This article describes a gas expansion-based liquefaction process using a proprietary machine called a compander.. Highlights of the process include ease of operation and permitting, as well as high quality thanks to in-house design, manufacturing, assembly and testing of key components.
U.S. aims to 'get out of the way' of oil and gas, says energy secretary
U.S. Energy Secretary Chris Wright said his top priority was for the government to "get out of the way" of the production of oil, gas and coal, adding that a number of approvals for gas projects were in the queue.
U.S. natgas prices climb 3% to three-week high on colder forecasts, rising LNG flows
U.S. natural gas futures climbed about 3% to a three-week high on Friday (2/14) on rising flows to liquefied natural gas (LNG) export plants, a drop in daily output and forecasts for colder weather lifting expected heating demand next week.
Egypt, Cyprus sign gas export deals, boosting Eastern Mediterranean energy cooperation
Egypt and Cyprus signed agreements on Monday enabling the export of gas from Cyprus's offshore fields to Egypt for liquefaction and re-export to Europe, as both countries seek to bolster the Eastern Mediterranean's role as an energy hub.
Finland's Gasum charters LNG bunker fuel vessel from 2027
Finland's Gasum will charter a new bunker fuel vessel that will deliver liquefied natural gas (LNG) and bio-LNG from 2027, the state-owned gas supplier said in a statement on Monday.
Trump approves LNG exports, creates energy council to boost U.S. oil, gas
U.S. President Donald Trump's administration said on Friday it has granted a liquefied natural gas (LNG) export license to the Commonwealth LNG project in Louisiana, the first approval of LNG exports after former President Joe Biden paused them early last year.
India's BPCL signs LPG supply deal with Norway's Equinor
India's state-run refiner Bharat Petroleum Corp plans to buy propane and butane from Norwegian energy giant Equinor.
EU to hold next round of joint gas buying in March
The European Union will hold its next round of joint gas buying in March, seeking demand from buyers for the next five years to help Europe replace Russian fuel.
Tohoku Electric eyes eventual halt to Russian LNG purchase
Japan's Tohoku Electric Power needs to consider its procurement strategy for liquefied natural gas (LNG), assuming it will eventually halt purchases from Russia, President Kojiro Higuchi said on Friday.
Kosmos Energy achieves first LNG at the Greater Tortue Ahmeyim project in Mauritania and Senegal
Kosmos Energy has announced that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.
Canada's TC Energy beats profit estimates on Mexico pipeline strength
Canada pipeline operator TC Energy beat analysts' estimates for fourth-quarter profit on Friday, boosted by strength in its Mexican operations.
Russia seen struggling to reach its LNG targets
Exports of Russia's liquefied natural gas (LNG) will likely not exceed 67 MM tonnes (t) by 2030, falling far short of its 100 MMt target due to international sanctions.
Petronet LNG: LNG terminal expansion projects update, increasing trade via Singapore unit
According to Reuters, a Petronet LNG executive said that the Dahej LNG terminal expansion project is scheduled to be completed in 3 mos-4 mos. In addition, the executive provided the following update on other projects:
Adani Total Dhamra LNG terminal expansion not imminent
India's Adani Total has yet to conduct feasibility studies to double the capacity of its LNG terminal in Dhamra, a year after the JV announced it was in the early stages of planning a possible expansion.
Inpex targets FID for Indonesia's Abadi LNG project in 2027
Japan's biggest oil and gas explorer, Inpex Corp, said it aims to make a final investment decision on its Abadi LNG project in Indonesia in 2027 as part of its efforts to expand LNG supply. Under a new three-year business plan through 2027, the company plans to invest 1.8 trillion yen ($11.7 B) in growth areas, including its flagship Ichthys LNG project in Australia.
India's natural gas use target hinges on higher gas-fired power generation
India's plan to boost the share of natural gas in its energy mix hinges on lower global LNG prices that will make gas-fired electricity generation more competitive. India aims to raise the share of natural gas in its energy mix to 15% by 2030 from 6.2% currently.
Japan's JERA sees rising competition for U.S. LNG as Asia, Europe demand grow
Japan's top power generator JERA expects competition for U.S. LNG to increase as demand from Asia and Europe rises, its Asia CEO said. "There are many potential buyers. Asian and European buyers are really interested in U.S. energy. So, there are many competitors,” JERA Asia CEO Izumi Kai told Reuters on the sidelines of the India Energy Week conference.
TotalEnergies signs 10-yr LNG supply deal with India's GSPC
TotalEnergies has signed a deal to supply the Gujarat State Petroleum Corporation with 400,000 metric tpy of LNG, beginning in 2026. India will have to double annual imports by the end of the decade to meet rising demand from rapid urbanization and industrialization.
ADNOC Gas signs 14-yr, multibillion dollar LNG supply agreement with Indian Oil Corp.
The agreement, signed by ADNOC Gas and IndianOil, is valued in the range of $7 B-$9 B over its 14-year term.
Tanzania hopes to conclude talks for LNG project by June
Tanzania is discussing tax incentives with investors in a stalled project to construct a $42-B LNG plant in the country, Energy Minister Doto Biteko said on Tuesday, adding the talks could be completed by June. Equinor and Shell are joint operators of the country's mega gas project, while ExxonMobil, Pavilion Energy, Medco Energi and Tanzania's national oil company TPDC are partners.
Woodside and Trinidad have agreed on initial commercial terms for deepwater gas project
Trinidad and Tobago is pushing producers, especially those offshore, to accelerate natural gas output in order to resume full use of its gas processing capacity-LNG output and exports have been curtailed in recent years by lack of gas.
Shell sees significant LNG growth in near term under its scenarios
Global demand for LNG will see a robust rise in the next few years, while gas will likely see a more gradual dynamic and oil may peak at the beginning of the next decade, scenarios published by Shell showed.
India gas demand to surge by 2030, doubling LNG imports, says IEA
India's natural gas consumption is set to jump 60% between 2023 and 2030, doubling the country's need for liquefied natural gas (LNG) imports, as domestic output is expected to grow much more slowly than demand.
Bangladesh seeking long-term LNG deals, to build new import terminals
Bangladesh is looking for long-term liquefied natural gas (LNG) deals with exporting nations such as Brunei, an adviser to the South Asian nation's energy ministry said at the India Energy Week conference on Tuesday.
Trinidad sees revenue increase from LNG sales after contract revamp
Trinidad and Tobago, the largest producer of liquefied natural gas (LNG) in Latin America and the Caribbean, is seeing an increase in government revenue from LNG exports by selling cargoes at between 15% and 55% above Henry Hub prices.
Oman, Australia LNG vessels head west as Europe draws supply
At least three vessels carrying liquefied natural gas (LNG) from Oman and Australia are heading west for delivery, with one sailing through the Red Sea, shiptracking data showed on Monday, as higher prices in Europe continue to draw more supplies.
ADNOC agrees to 5-yr LNG supply deal with India's BPCL
Abu Dhabi National Oil Co. (ADNOC) will supply 2.5 MMt of liquefied natural gas (LNG) to India's Bharat Petroleum Corp under a new 5-yr deal.
India's GAIL revives plan to buy US LNG as Trump ends ban on export permits
GAIL India Ltd will seek to buy a stake in a U.S. LNG plant or secure long-term U.S. LNG supply after the Trump administration lifted a ban on export permits for new projects, chairman Sandeep Kumar Gupta said.
Germany's Brunsbuettel, Wilhelmshaven LNG terminals get strong demand for regasification slots
Germany's Deutsche Energy Terminal said it has successfully sold all LNG regasification slots offered at the liquefied gas terminals of Brunsbuettel and Wilhelmshaven for this year.
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- India's BPCL signs LPG supply deal with Norway's Equinor
