natural gas
Two Japan energy companies seek U.S. approvals for Venture Global's CP2 LNG
Two Japanese energy companies, oil and gas producer Inpex Corp and power utility JERA, urged a U.S. energy regulator to give prompt approvals for Venture Global to begin construction on its CP2 LNG project in Louisiana.
Serbia launches interconnector to gas pipeline in Bulgaria
Serbia completed the interconnector to a pipeline in Bulgaria which would allow the Balkan country to diversify its gas supplies and reduce its dependence on Russia.
Venezuela prods bp, Chevron to revive gas project near Trinidad, Guyana
Venezuela has begun contacting energy firms involved in an long-idled offshore gas project to push them to begin new exploration and operations near its maritime border with Guyana.
Continental U.S. kicks off winter with most natural gas in storage since 2020
The continental United States entered the winter heating season with the most natural gas in storage since 2020, according to the U.S. Energy Information Administration.
U.S. natgas slides to 3-month low on mild weather, Golden Pass LNG delay
U.S. natural gas futures slid about 2% to a three-month low on forecasts for milder weather and lower heating demand as investors worried LNG exports would not grow much in 2024.
Shell sees $6 B in oil and gas investments in Nigeria
Shell sees a $5-B offshore oil investment opportunity in Nigeria and pledged to spend a further $1 B in five to 10 years to boost natural gas output for domestic supplies and exports, a presidential spokesperson said, citing Shell's director of upstream operations.
Asia-Europe LNG spread at widest level in almost two years
The Asia-Europe LNG spread has hit its widest level in about two years, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.
Moldovan natgas chief offers to take over Ukraine transit of Russian gas
The head of Moldova's national gas company proposed that it take over the transport of Russian giant Gazprom's supplies through Ukraine if Kyiv decides against renewing a transit contract that runs out next year.
Australia's Woodside, Santos in talks for $53-B oil-gas merger
Australia energy companies Woodside and Santos Ltd said that they are in preliminary merger talks, in what could be the latest big deal in a wave of global consolidation the in oil and gas sector.
EU to give member states authority to halt Russian gas imports
The European Union is poised to give its member states the power to halt gas imports from Russia and Belarus.
Asia spot LNG prices fall on continued muted demand
Asian spot LNG prices slightly fell this week on continued lack of interest for spot supply from Northeast Asia players and forecast of weaker prompt gas demand in Europe.
Details of Canada's planned regulations to limit oil and gas emissions
Canada unveiled planned regulations to limit emissions from the oil and gas sector using a cap-and-trade system, fulfilling a promise by Prime Minister Justin Trudeau's government to cut emissions in its most polluting sector.
Four suitors offer more than €600 MM for Edison gas storage
Edison's gas storage assets have attracted offers from four Italian and international suitors, setting the stage for a transaction that could be worth more than €600 MM.
Woodside in talks with Santos to form $52-B Australian gas giant
Australia's Woodside Energy and Santos said they were in preliminary talks to create an $52-B global oil and gas giant, as consolidation among international energy firms intensifies.
Italy's Saipem has completed exit from Russia's Arctic-2 LNG project
Italian energy engineering and construction group Saipem is no longer involved in Arctic-2 LNG, a massive Russian project to build a LNG production site in the Arctic, which was targeted by U.S. sanctions last month.
Asia-Europe LNG spread at widest level in almost a year
The Asia-Europe LNG spread has hit its widest level in about a year, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.
Venture Global LNG expects extended start-up at second plant
A Venture Global LNG export plant due to begin operating in 2024 will undergo a lengthy startup similar to its Calcasieu Pass LNG facility, with customers likely to receive their first cargoes in 2026 at the earliest.
U.S. natural gas prices edge up on colder forecasts, record LNG feedgas
U.S. natural gas futures edged up about 1% on forecasts for colder weather and higher heating demand next week than previously expected and as record amounts of gas flowed to U.S. LNG export plants.
"Leave no stone unturned" in gas exploration, Norway tells industry
Norway still has vast proven natural gas resources without development plans urging exploration companies to find ways of producing it despite technological challenges.
Countries in the Middle East and North Africa supply about one-third of global LNG
Exporting countries in the Middle East and North Africa region supplied nearly one-third (29%) of global LNG exports in 2022, according to data from the International Group of Liquefied Natural Gas Importers.
EnerMech’s fast track expertise safely supports progress of vital LNG projects
EnerMech, and its alliance partner Offshore Technical Services, have been instrumental in helping fast track the first phase of a major project to import LNG to Germany as the country races to reduce its dependence on Russian energy.
Russia's LNG supplies to Europe hit monthly record high in November
Supplies of Russian LNG to Europe reached a monthly high of 1.75 Mmt, while deliveries to China declined.
Australia Pacific LNG resumes production and cargo loading
Production of LNG and the loading of cargoes have resumed at Australia Pacific LNG after a loaded tanker that was stuck at the facility was moved.
Trinidad's Atlantic LNG restructuring to shrink Shell's stake, boost bp's
Shell's ownership in Trinidad and Tobago's Atlantic LNG facility will shrink, while bp and Trinidad's state-owned National Gas Co will increase their stakes in a restructuring agreement to be signed this week.
TES and Toho Gas sign agreement for close collaboration for the value chain of e-NG
TES and Toho Gas Co., Ltd. announce that both companies have signed a comprehensive agreement to explore the development of an e-NG supply chain in order to support Japan’s decarbonization goals.
Australia Pacific LNG deliveries disrupted due to tanker outage
Shipments of LNG from Australia Pacific LNG have come to a halt after a loaded tanker docked at the site lost power.
OMV and Cheniere sign long-term LNG supply agreement
OMV announced the signing of a long-term sale and purchase agreement with US-based company Cheniere Energy, Inc. covering the supply of up to 850,000 tpy of LNG beginning in late 2029.
U.S. natgas prices hold steady as surprise storage build offsets rising demand
U.S. natural gas futures were little changed as a surprise build in weekly storage and forecasts for less cold weather through mid-December than previously expected offset a drop in output over the past few days and forecasts for higher demand over the next two weeks.
Train 1 restarts after trip at Freeport LNG plant, Texas (U.S.)
Freeport LNG reported that during the operation of its liquefaction plant in Texas.
Russian pipeline gas exports to Europe down 4.3% in November
Average daily natural gas supplies to Europe by Russian energy giant Gazprom were down 4.3% in November from their October levels.
- 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
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
- 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
