management

Heidelburg Materials, Linde start construction on large-scale carbon capture facility

Heidelberg Materials and Linde have started construction of one of the world’s first large-scale carbon capture facilities in the cement industry.

Heygaz Biomethane to acquire Ireland's leading biogas and biomethane producer

Heygaz Biomethane reached an agreement this week to purchase the leading Irish biogas and biomethane producer, Ormonde Organics.

Russia ministry seeks end to $13 B/yr gas waste

Russia's resources ministry asked the new prime minister to approve its plan to make oil firms spend billions of dollars on cutting the amount of gas wastefully flared off during oil production.

QatarEnergy, Exxon seek to remove contractor from Texas gas project

Golden Pass LNG, a JV between QatarEnergy and ExxonMobil, is asking a court to immediately oust Zachry Industrial from the $10-B LNG project, a court filing showed.

Birchcliff and AltaGas enhance long-term partnership

Birchcliff and AltaGas enhance long-term partnership announced an expanded partnership focused on reducing long-term operating costs and connecting more liquified petroleum gas into premium global markets.

Maximum fill volume in propane, butane and LPG pressurized storage tanks

6/19/2024

This article details the maximum fill volume for propane, butane and LPG storage tanks at processing facilities.

Insight hub: Pipeline data assessment and analysis

6/18/2024

This article examines how an operator's pipeline data can be used to add efficiencies to operations.

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.

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.

CO2next project achieves important milestones for developing a liquid CO2 terminal in Rotterdam

CO2next aims to build a liquid CO2 terminal at the Maasvlakte in the port of Rotterdam, that can be used by customers not connected to a CO2 pipeline to ship liquid CO2.

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.

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.

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.

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.

ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B

ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.

Hess shareholders sign off on $53 B sale to Chevron

Hess shareholders approved the proposed $53 B merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival ExxonMobil's massive Guyana discoveries.

Aethon Energy to buy Tellurian upstream assets for $260 MM

Aethon Energy will acquire Tellurian's upstream assets for $260 MM and purchase 2 MMtpy of LNG from its Driftwood LNG plant, the companies said on Wednesday.

UK's National Grid seeks buyer for Europe's biggest LNG terminal

British energy infrastructure operator National Grid said it is looking to sell its Grain liquefied natural gas (LNG) terminal in Britain, Europe's largest such facility, in a bid to streamline operations.

Norway's Nyhamna gas plant evacuated due to fire

Norway's Nyhamna natural gas processing plant, which supplies Britain through a pipeline under the North Sea, was evacuated on Tuesday following a fire.

Asian spot LNG prices at five-month high on firm demand, geopolitical risks

Asian spot liquefied natural gas (LNG) prices surged to a five-month high, marking the fourth consecutive week of gains.

Equinor to invest more than $1.1 B to further develop gas infrastructure in the Troll West gas province

Equinor and the Troll partners have decided to invest just more than $1.1 B to further develop the gas infrastructure in the Troll West gas province.

Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause

Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause

Australian natural gas industry seeks policy repairs to boost investment

Australia's natural gas industry executives are seeking more measures to restore an investment environment they say has been damaged by a series of state interventions to boost domestic supply and curb soaring energy prices.

ADNOC to acquire 10% equity stake in major LNG development in Mozambique

ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.

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