LNG
Chevron not looking to invest in building US LNG plants
Chevron does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company's capital and it can easily sell its U.S. gas.
Technip Energies and KBR selected for a major LNG project by Lake Charles LNG
Lake Charles LNG has awarded a JV between Technip Energies and KBR an engineering, procurement, fabrication and construction contract for its 16.45-MMtpy LNG export terminal in Louisiana (U.S.).
Glencore signs offtake deal with KTG and Commonwealth LNG
Kimmeridge Texas Gas and Commonwealth LNG have entered into a Heads of Terms agreement with Glencore LTD, where Glencore will purchase 2 MMtpy of LNG for 20 yrs from Commonwealth, as well as equivalent natural gas supply from KTG under a netback agreement at international prices.
TotalEnergies signs LNG supply agreements with BOTAŞ and CNOOC
In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies has announced the signing of a heads of agreement (HoA) with BOTAŞ for the delivery of 1.1 MMtpy of LNG for ten years starting from 2027, and a 5-year extension of its sales and purchase agreement (SPA) with CNOOC for the delivery of 1.25 MMtpy of LNG to China until 2034.
ABS signs MoU with HD KSOE to advance zero-carbon ships
Enhancing their collaboration on cutting-edge marine and technology projects, ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) have signed a memorandum of understanding (MoU) to advance the development and certification of innovative systems for next-generation, zero-carbon ships.
Chevron Shipping, Wärtsilä partner to lower methane emissions on LNG carriers
Technology group Wärtsilä, in partnership with Chevron Shipping Company LLC, plans to convert one engine on six of Chevron Transport Corporation Ltd.’s LNG carriers from dual-fuel (DF) to spark gas (SG) operation.
LNG contracting off to a great start in 2024
Long-term LNG contracting activity is off to a strong start in 2024. Since the beginning of the year, 58 MMtpy of LNG SPAs (sales purchase agreements), capacity agreements and Heads of Agreements (HOAs) have been signed. This follows over 94 MMtpy of new LNG SPAs and HOAs agreed upon last year.
Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
Golar LNG Limited announced that it has signed an engineering, procurement and construction agreement with CIMC Raffles for a $2.2-B, 3.5-MMtpy MK II floating LNG production (FLNG) vessel. FLNG technology will be provided by Black & Veatch.
MiQ collaborates with EQT and Uniper on pilot transaction for independently certified gas
MiQ, a global leader in emissions certification, has partnered with EQT Corp., a leading producer of natural gas in the U.S., and international energy company Uniper on a pilot transaction underscoring the importance of transparency in emissions reporting for U.S. LNG exports.
Saudi Aramco wants to be a major LNG gas player, gas chief says
The world's largest oil producer, Saudi Aramco, wants to become a major LNG player, the head of its natural gas business said on Tuesday.
ABB signs agreement to support major LNG export project in the US
ABB has signed a Memorandum of Understanding with Argent LNG to collaborate on automation and electrical solutions for a liquefaction facility at Port Fourchon in Louisiana (U.S.).
ArcelorMittal's India JV seeks duty-free LNG imports
ArcelorMittal's India joint venture (JV) has called on New Delhi to remove the import tax on liquefied natural gas (LNG) for steelmaking to help the company cut its production costs and meet decarbonization goals.
Germany building up LNG import terminals
Germany is trying to expand its natural gas import options to replace Russian supply and as part of its decarbonization efforts.
Saipem wins $4-B contract from QatarEnergy for North Field expansion to fuel LNG expansion
Italian energy engineering group Saipem has won an offshore contract worth $4 B from QatarEnergy to boost production at QatarEnergy's North Field offshore natural gas field, which lies off the northeastern coast of Qatar.
Höegh LNG announces name change to Höegh Evi
Standing for “energy vector infrastructure,” the name Evi reflects the recent expansion of Hoegh's focus beyond LNG import terminals to encompass innovative and tangible clean energy solutions-the company is accelerating the energy transition with floating infrastructure for ammonia and hydrogen, as well as carbon transport and storage, in addition to LNG.
Fifth LNG vessel loads cargo at Russia's Arctic LNG 2
The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions.
Thailand's PTT signs 5-yr LNG deal with Oman LNG
Thailand's largest energy firm, state-controlled PTT, has signed a 5-yr deal to buy liquefied natural gas (LNG) from Oman.
Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG
Saudi Aramco will increase its stake in liquefied natural gas (LNG) firm MidOcean Energy to 49% and fund its acquisition of a new 15% stake in Peru LNG from Hunt Oil Company.
Egypt fully awards tender for 20 winter LNG cargoes
Egypt has bought 20 cargoes of liquefied natural gas (LNG) via the first tender issued to cover its winter demand since 2018, securing full volumes it was seeking at smaller than expected premiums.
Galveston LNG Bunker Port secures natural gas supply agreement with Energy Transfer for bunkering facility
Galveston LNG Bunker Port has entered into a Gas Supply Agreement with Energy Transfer regarding the delivery of natural gas to the GLBP terminal in Texas City, Texas (U.S.).
TC Energy's Coastal GasLink pipeline fined again for environmental non-compliance
TC Energy's Coastal GasLink pipeline in western Canada has been fined C$590,000 ($434,558) for 10 environmental non-compliance penalties, the British Columbia government said on Thursday, taking its total penalties to nearly C$1.4 MM.
Chevron Shipping Co. and MOL to install Wind Challenger on LNG carrier
As part of their ongoing commitment to lower the carbon intensity of their operations, Chevron Shipping Company LLC (Chevron), a subsidiary of Chevron U.S.A. Inc., and Mitsui O.S.K. Lines Ltd. (MOL), have announced an agreement to install Wind Challenger, a hard sail wind-assisted ship propulsion system developed by MOL and Oshima Shipbuilding together, to a new-build LNG carrier under long-term charter from MOL Encean Pte. Ltd. (MOL’s 100% indirectly owned subsidiary) to Chevron Asia Pacific Shipping Pte. Ltd.
EU LNG import utilization falls as demand declines
European Union LNG import terminals are being utilized less as demand for the fuel continues declining across the continent, increasing the realization that Europe’s LNG import infrastructure will become increasingly underutilized as gas use drops further.
NextDecade to fight appeals court delay to its $18.4-B LNG plant
NextDecade will appeal a federal court ruling that overturned the Federal Energy Regulatory Commission's approval of the initial phase of its $18.4-B Rio Grande LNG project, CEO Matthew Schatzman said.
Japan considers company support measures for long-term LNG contracts
The Japanese government is considering support measures to make it easier for companies to enter into long-term purchase contracts for liquefied natural gas (LNG) to ensure a stable supply of the super-chilled fuel.
EIA: U.S. natgas output to decline in 2024 while demand rises to record high
U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook.
U.S. Gulf Coast LNG export plants, refineries, production facilities brace for Francine
Tropical Storm Francine was intensifying and on track to become a hurricane on Tuesday, the U.S. National Hurricane Center said, prompting Louisiana residents to flee inland and oil and gas companies to shut-in Gulf of Mexico production.
ADNOC signs heads of agreement with Indian Oil for Ruwais LNG project
ADNOC has signed a long-term heads of agreement (LNG agreement) with Indian Oil Corp. Ltd. (IndianOil), India’s largest integrated and diversified energy company, for the delivery of 1 metric MMtpy of liquefied natural gas (LNG).
China’s Hudong-Zhonghua Shipyard to build six new QC-Max LNG vessels for QatarEnergy
QatarEnergy has signed an agreement today with China State Shipbuilding Corp. (CSSC) for the construction of six additional state-of-the-art QC-Max vessels, bringing the total number of LNG vessels on order under its fleet expansion program to 128, including 24 QC-Max mega vessels.
QatarEnergy inaugurates its first conventional-size LNG vessel
QatarEnergy has inaugurated the first conventional-size LNG vessel under its historic shipbuilding program. The Rex Tillerson was named after the former Chairman and CEO of ExxonMobil as a tribute to his life-long accomplishments in the energy sector.
- 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
