management

Gasunie updates its national hydrogen network rollout plan

Over the coming years, Gasunie subsidiary Hynetwork will be rolling out the national hydrogen network for the Netherlands in various stages. In this interview, Helmie Botter, Business Development Hydrogen Manager at Gasunie, and Joost Hooghiem, Director of Hydrogen Network Netherlands, explain the current status.

Phillips 66 outlines nearly $3-B capital program for 2025

Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.

bp and XRG close deal to launch new natural gas platform

bp and XRG have reached financial close and completed formation of their new joint venture and international natural gas platform – Arcius Energy. The JV will initially focus on development of gas assets in Egypt.

Europe energy markets are well supplied but prices too high, SEFE CEO says

European energy markets are very well supplied but market prices are significantly higher than before, leading to Europe losing a competitive edge in the global economy, the head of nationalized German energy firm SEFE said.

Fulkrum announces new Iraq entity and major gas project

Fulkrum announced  the launch of its new entity in Iraq. This company will provide surveillance services for a major Gas Hub development project in the region.

Minimize GHG emissions (methane) from compressor stations transporting natural gas through pipelines

12/1/2024

Compressor stations for transporting natural gas can be the source of considerable greenhouse gas (GHG) emissions (methane emissions) if not controlled. Oil and gas companies along the natural gas supply chain are under pressure to reduce GHG emissions. This article details the various sources of such emissions and the options available to control and mitigate them.

Case Study: Providing a proactive risk management approach for rupture mitigation valves

12/1/2024

U.S. federal natural gas pipeline regulation 49 CFR 192.935(c) requires that operators perform a risk analysis to determine where the use of rupture mitigation valves (RMVs), such as remote-controlled valves and automatic shutoff valves, may be efficient to add protection to high consequence areas.

Woodside to bring in several partners to Louisiana LNG project by March

Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, said its CEO. Australia-listed Woodside is seeking to sell a 50% stake in the Louisiana LNG project.

Trump prepares wide-ranging energy plan to boost gas exports

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new LNG projects and increase oil drilling.

Day 2 of WGLC 2024 begins with Chevron speaker’s inspiring, relatable message

The enthusiasm was evident as Day 2 of WGLC – Women’s Global Leadership Conference in Energy – began on Wednesday in Houston. Kelley Henderson, General Manager of Category Management and Projects for Chevron, entered the stage to the popular song, “Fight Song,” by Rachel Platten, greeting a full ballroom of attendees.

WGLC 2024: Transitioning to leadership

While leadership was the overarching focus of the conference, panel and keynote topics ranged from concerns like work-life balance and industry cultural expectations, to practical leadership strategies and the diverse possibilities of career trajectories in the industry.

WGLC 2024 opens with strong call for women’s leadership in energy

The 20th annual Women’s Global Leadership Conference in Energy (WGLC) kicked off with a powerful opening session led by Alexandra “Alie” Pruner, Senior Advisor at Perella Weinberg Partners/TPH&Co.

Crown LNG rushing to develop and start building US LNG plant while Trump in office

Crown LNG is racing against time to develop and start construction of a 9-MMtpy LNG export plant in the U.S. before President-elect Donald Trump's second term ends in 2029. "We were sincerely hoping that he (Trump) would be there to support the industry because certainly the old administration was against it, quite simply," CEO Swapan Kataria said.

ADNOC Gas signs 10-yr LNG SPA with India’s GAIL

ADNOC Gas has signed a 10-yr Sales and Purchase Agreement (SPA) with GAIL India Limited to supply up to 520,000 tpy LNG, starting in 2026. The SPA converts the previous Heads of Agreement between ADNOC Gas and GAIL, announced in January, into a definitive agreement.

ADNOC GAS to acquire 60% of Ruwais LNG from ADNOC, valued at $5 B

ADNOC Gas expects ADNOC to transfer its 60% share of the Ruwais LNG Project to the company at cost - estimated to be around $5 B - in the second half of 2028.

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.

ADNOC, AIQ developing first-of-a-kind agentic AI solution for global energy transformation

ENERGYai will combine large language model technology with cutting-edge ‘agentic’ AI – AI ‘agents’ that are trained in specific tasks across ADNOC’s value chain. These specialized AI agents bring a new level of autonomy and precision to critical tasks, from seismic analysis to energy efficiency and real-time process monitoring.

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.

Proven methods to lower costs and boost safety in gas distribution operations

10/25/2024

Gas distribution systems exist in a multitude of applications. A crucial element of proper system function is ensuring gases are transported safely, keeping critical processes in place. This article details proven methods to lower costs and boost safety in gas distribution systems.

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.

Gulf Energy Information's WGLC celebrates 20 years

Gulf Energy Information (Gulf) is proud to host the 20th annual Women's Global Leadership Conference in Energy (WGLC), taking place November 19-20, 2024, at the Marriott Marquis, Houston, Texas.

Greek shipowners take $18-B gas gamble on LNG and LPG vessels

Greek shipowners have spent an unprecedented $18-B on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes

NDT Global partners with Aramco to launch 56" ultrasonic inspection tool

NDT Global launched a 56" ultrasonic inline inspection tool, developed in collaboration to meet the inspection requirements of integrated oil and gas company Aramco.

Norway's Equinor remains committed to $40-B Tanzania LNG project

Norway's Equinor remains committed to a $42-B LNG project in Tanzania that has stalled after proposed government changes to a financial agreement reached last year.

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.

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.

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.

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.

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.

AIChE and IChemE sign MoU to strengthen international STEM talent pool

The American Institute of Chemical Engineers (AIChE) and the Institution of Chemical Engineers (IChemE)—two professional societies dedicated to advancing the application of chemical engineering expertise internationally—have signed a Memorandum of Understanding (MoU) to further collaboration for the benefit of chemical and process engineering and society as a whole.