management

Argentina's YPF rules out building land-based LNG plant

Argentina's state-run oil firm YPF has ruled out building an onshore natural gas liquefaction plant as it will instead rely on floating vessels for this process, YPF's chief executive said in an interview with local media.

U.S. plans Alaska LNG summit, will urge Japan, South Korea to support project

U.S. President Donald Trump's energy security council plans to host a summit in Alaska in early June, when it hopes Japan and South Korea will announce commitments to the Alaska LNG project.

Iran, Russia agree on 55 Bm3 of gas supplies, nuclear plant funding

Russia and Iran have reached a deal on 55 billion cubic meters of Russian gas supplies a year, though prices are yet to be agreed, while Russia also pledged to fund construction of a new nuclear power plant in Iran.

Morgan Stanley Infra Partners eyes $2-B Permian pipelines sale

Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2 B including debt.

Enhance rotating equipment reliability: Implementing a bad actor program in the oil and gas industry

4/22/2025

Bad actor programs play a critical role in enhancing equipment reliability and optimizing maintenance costs within industrial plants. This article explores the implementation of such a program at Saudi Aramco’s Yanbu natural gas liquids Fractionation Department, focusing on rotating equipment such as pumps, compressors, turbines and motors.

China-U.S. trade war redrawing global LPG trading, outlook

The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.

Abu Dhabi's ADNOC mulls bid for Aethon's U.S. natural gas assets

Abu Dhabi state oil company ADNOC is in the early stages of considering a bid for investment firm Aethon Energy Management's U.S. natural gas assets.

Alexandroupolis LNG terminal to restart soon and hit capacity by September

The 4.3-MMtpy Alexandroupolis LNG terminal in Greece will begin a gradual restart soon and reach full capacity by September. Gastrade halted operations at Alexandroupolis in late January, citing technical issues

NextDecade strikes LNG supply deal with TotalEnergies for 1.5 MMtpy

U.S. LNG producer NextDecade said it has signed a 20-year deal to supply France's TotalEnergies with 1.5 MMtpy from its Rio Grande facility's planned fourth liquefaction facility.

Energy Transfer requests more time to build Lake Charles LNG plant (U.S.)

Energy Transfer, the pipeline company developing a LNG export facility in Louisiana, is asking federal regulators to extend the deadline by three years for construction of its plant.

Indian gas firm GAIL seeks 26% stake in U.S. LNG

GAIL India Ltd issued a tender to buy an up to 26% stake in a LNG project in the U.S. combined with a 15-year gas import deal, aiding New Delhi's efforts to narrow its trade surplus with Washington.

Rakishev's Fincraft Group plans to launch Borankol gas processing plant in Kazakhstan in June

The Borankol Gas Processing Plant (GPP) in Kazakhstan is scheduled for commissioning in June 2025, the head of Fincraft Group Kenes Rakishev said.

Singapore port authority receives proposals for scaling up LNG marine fuel supply

The Maritime and Port Authority of Singapore has received a total of 14 proposals to scale up the supply of LNG for marine fuel, the government body said

Taiwan could buy $200 B more from U.S., increase LNG imports as part of trade deal

Taiwan state-backed bodies could over the next decade buy an extra $200 B from the U.S. and bump up the percentage of LNG it gets from the county by one-third to help narrow the trade deficit, the economy minister said

U.S. exits carbon talks on shipping, urges others to follow

The U.S. has withdrawn from talks in London looking at advancing decarbonization in the shipping sector and Washington will consider "reciprocal measures" to offset any fees charged to U.S. ships.

Gazprom's venture seeks workers for vast Ust-Luga gas complex

RusKhimAlyans, a subsidiary of Russia's state-owned Gazprom, announced job vacancies for its new gas processing complex in the Baltic Sea port of Ust-Luga, in a sign of confidence the plant will start operations despite sanctions.

Japan's Mitsubishi may consider investing in $44-B Alaska LNG project, CEO says

Japanese trading house Mitsubishi Corp may consider investing in Alaska's $44-B LNG project, though any decision will require careful review, including factors such as the 1,300 km distance to the West coast, the need to build liquefaction facilities, and future LNG demand in Southeast Asia and other regions.

ABB delivers integrated automation and digital technology for India’s largest energy pipeline network

ABB has successfully delivered an integrated scope of advanced automation and digital solutions for Indian Oil Corporation Ltd’s countrywide oil and gas pipeline network. Spanning over 20,000 km across multiple states in India, the network is vital to supporting the country’s energy needs, transporting 125 million metric tons of oil and 49 million metric standard cubic meters of gas annually.

Japan's Tokyo Gas expands in U.S. shale gas with Chevron deal

TG Natural Resources LLC, co-owned by Tokyo Gas and Castleton Commodities International, has bought a 70% stake in east Texas gas assets from Chevron for $525 MM, as it expands its U.S. gas business.

Gas giants say Australia opposition’s plan to reserve supplies could worsen shortfall

Global gas giants said an election campaign proposal by Australia's opposition coalition that would force producers to direct more export gas into the domestic market would deter investment without tackling looming shortages.

U.S. LNG exports soar in March on ramp up of Plaquemines LNG plant

The U.S. exported a record amount of LNG in March, selling more than 9 MMt of the superchilled gas

The U.S. remained the world’s largest LNG exporter in 2024

The U.S. exported 11.9 Bft3d of LNG in 2024, remaining the world’s largest LNG exporter.

Shell unveils market strategy during Capital Markets Day

During Shell’s Capital Markets Day 2025, it unveiled the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification.

Solvang to use Inmarsat's NexusWave satellite technology on its ethylene, ethane/gas carriers

Inmarsat Maritime has signed an agreement with Solvang to equip the company’s fleet with Inmarsat’s NexusWave fully managed bonded connectivity service to support the leading gas shipping company’s evolving crew and business connectivity requirements.

Petronas says still in talks with Sarawak over gas aggregator role

Malaysia's state energy firm Petronas said on Saturday it is continuing discussions with multiple stakeholders following a report that negotiations over the ongoing gas aggregator role with Petros have reached a deadlock.

Egypt to lease German gas liquefaction unit to bolster production

Egypt, which has struggled with declining domestic gas production, plans to lease a German floating gas liquefaction unit, the Egyptian petroleum ministry said.

Woodside investment decision on Louisiana LNG may slip into Q2

Australia's Woodside LNG may push a final investment decision on its Louisiana LNG plant into the second quarter of 2025 as talks to sell half of the project drag on

Repsol cuts green hydrogen target by as much as 63%

Spanish energy company Repsol cut its 2030 target for green hydrogen production by up to 63%, Chief Executive Josu Jon Imaz said, highlighting the challenges of a high-cost industry heavily reliant on subsidies.

Kinder Morgan closes $600-MM acquisition of Outrigger Energy II's natural gas gathering and processing system

The acquisition includes a 270 million cubic feet per day (MMcf/d) processing facility and a 104-mile, large-diameter, high-pressure rich gas gathering header pipeline with 350 MMcf/d of capacity connecting supplies from the Williston Basin area to high-demand markets

Seven tips to achieve a smoother plant turnaround

2/17/2025

This article offers seven tips for a smoother turnaround project.