natural gas
Williams to resume Louisiana natgas pipeline project, ending feud with Energy Transfer
Williams Cos has received the green light to continue building its Louisiana Energy Gateway project (LEG), a natural gas pipeline, after a court threw out rival company, Energy Transfer's last bid to halt its construction.
Vietnam's LNG price cap puts gas-fired power target at risk
Electricity-hungry Vietnam wants liquefied natural gas (LNG) to fire 15% of power capacity by 2030 but is unlikely to meet that target as power producers and foreign investors balk at the country's strategy for making the super-chilled fuel affordable.
Russian pipeline gas exports to Europe reach highest this year
Russian energy giant Gazprom's average daily natural gas supplies to Europe in July reached their highest this year, up 5.7% compared with a year ago and 12% higher than in June.
Targa Resources beats 2Q core profit estimates, announces $1-B buyback program
Targa Resources has beat estimates for its 2Q core profit, helped by higher volumes of natural gas and natural gas liquids (NGLs) across its pipelines.
WPC JV takes FID on the 2.5-Bcfd Blackcomb Pipeline project in Texas (U.S.)
The WPC JV (WhiteWater, MPLX, Enbridge) have taken FID on the Blackcomb Pipeline project, which will transport 2.5 Bcfd of natural gas from the Permian Basin to the Agua Dulce area in South Texas (U.S.).
Enterprise to expand operations at the Houston Ship Channel (U.S.) to increase propane/butane exports
Enterprise Products Partners announced an expansion project along the Houston Ship Channel. The company is adding refrigeration capacity that will increase propane and butane export capabilities by approximately 300,000 bpd.
U.S. oil and gas mergers continue at furious pace in 2Q
U.S. oil and gas patch deals continued to run hot in 2Q, topping $30 B with big dollar tie-ups pushing values higher.
Australia's Origin Energy reports APLNG revenue dip on lower prices, volumes
Shares of Origin Energy marked their biggest intraday loss in eight months on Wednesday after the firm posted a drop in quarterly revenue from its stake in the Australia Pacific LNG project, reflecting a fall in gas sales and prices.
Judge overturns FERC approval of Williams Cos' $1-B pipeline project (U.S.)
A U.S. appeals court threw out a federal regulator's "arbitrary and capricious" approval of a new $1-B natural gas project running through five mid-Atlantic states and intended to serve 3 MM customers.
SIAD Americas announces another ASU award for the Americas market
SIAD Americas, a wholly owned subsidiary of SIAD Macchine Impianti, S.p.A., announced the award of a 175-tpd air separation unit to be supplied by its affiliate company, SIAD Engineering (Hangzhou) Co., Ltd.
Column: Power sector drives growth in U.S. natural gas demand
The power sector is the only major consumer of natural gas that has shown consistent demand growth in recent years, and has become the driving force behind natural gas demand in the U.S. as consumption from other sectors declines.
Canada's TC Energy to sell pipeline stake to some indigenous communities for $722 MM
Pipeline operator TC Energy said on Tuesday it would sell a minority stake in some of its Canadian assets for C$1 B ($722.1 MM) to certain indigenous communities as part of its plan to reduce debt and fund investments.
Liquefied gas cargo containment innovations from Jiangnan Shipyard receive ABS AIPs
ABS has awarded approval in principle (AIP) to two new developments from Jiangnan Shipyard: a new insulation system and a modern design for an ultra-large ethane carrier (ULEC).
bp to construct 5-10 green hydrogen projects this decade
bp's CEO said that the company aims to construct 5-10 low-carbon hydrogen projects this decade to produce clean fuels and reduce greenhouse emissions
Woodside awards Monadelphous AUS $200-MM construction contract for Pluto LNG project (Australia)
Engineering company Monadelphous Group Limited announced it has been awarded a AUS $200-MM construction contract with Woodside Burrup Pty Ltd for the Pluto LNG Train 1 facility and associated infrastructure near Karratha in Western Australia.
Natural gas shows its staying power as U.S. wind output slumps
Power producers in the U.S. are becoming increasingly reliant on natural gas for generation, even as the country builds out renewable energy capacity at a record pace.
Pieridae announces sale of Goldboro, equity financing, full repayment of bridge loan, production shut-in
Pieridae Energy Ltd. has completed the sale of its Goldboro assets and has issued notice to repay in full the company’s subordinated secured bridge loan.
Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
This strategic expansion aims to increase Oman's LNG production capacity to 15.2 MMtpy
Palentir Technologies, Tree Energy Solutions partner to utilize AI for energy transition
Palantir Technologies Inc. and Tree Energy Solutions announced a multi-year partnership to leverage Palantir’s cutting-edge AI software in TES’s mission to drive the green energy transition and accelerate global decarbonization.
Japan's JERA to launch new gas-fired power plant to avoid electricity shortages
Japan's biggest power generator JERA said it will start a unit of a new 2.34 GW gas-fired power station at Goi in Chiba, near Tokyo, on Aug. 1 to help avoid electricity shortages during peak summer demand season.
Asia spot prices slip as Freeport LNG loadings resume
Asian spot LNG prices eased this week amid a resumption of loading at Freeport LNG in the U.S. and rising inventory levels held by major Japanese utilities.
Turkey to sign long-term LNG purchase contracts
Turkey is set to finalise long-term contracts for LNG to cover the 2027-2037 period, aimed at securing approximately 5-6 billion cubic meters of LNG annually, will meet 12-13% of Turkey's energy needs.
Natural gas electricity generation in the United States spiked with July heatwave
U.S. power plant operators generated 6.9-MM megawatt hours (MWhr) of electricity from natural gas on a daily basis in the Lower 48 states on July 9, 2024, probably the most in history and certainly since at least January 1, 2019, when we began to collect hourly data about natural gas generation.
Whoever wins election, Venezuela faces natural gas problem
Griselda Ascanio keeps an improvised wood-burning stove ready in her backyard in Maracay, 120 kilometers (75 miles) from Venezuela's capital, for the frequent gas-supply interruptions that make it difficult to cook.
WoodMac: LNG truck sales impacting Chinese road diesel demand
China’s sales of LNG-powered heavy-duty trucks rose from below 10% to reach as much as 30% of the market in the latter months of 2023, resulting in the displacement of over 8% of road diesel demand in the country.
Court approves settlement agreement between Zachry Holdings and Golden Pass LNG
Zachry Holdings, Inc. (ZHI) announced that the U.S. Bankruptcy Court for the Southern District of Texas has approved its settlement agreement with Golden Pass LNG Terminal LLC and joint venture partners CB&I LLC and Chiyoda International Corporation.
German government signs off on hydrogen import strategy
Germany's government adopted a strategy for the import of hydrogen to help secure sustainable energy supply as it embarks on creating fossil fuel alternatives for large parts of its industry.
New Fortress Energy announces closing of $700-MM loan for second FLNG vessel
New Fortress Energy announced that after successfully producing LNG at its first FLNG unit, it has closed its previously announced $700-MM loan for its second FLNG unit to be located in Altamira, Mexico.
Woodside's Tellurian acquisition positions the company as one of the largest global LNG suppliers by volume
Addressing Woodside's acquisition of Tellurian and its U.S. Gulf Coast Driftwood LNG project, Daniel Toleman, Research Director for Global LNG at Wood Mackenzie, said, “The acquisition, valued at $1.2 B, presents Woodside with a valuable opportunity to strengthen its position in the Atlantic Basin LNG market. By incorporating the first phase of the Driftwood LNG project, which consists of an 11-metric MMtpy liquefaction capacity into Woodside’s existing 20 MMtpy portfolio, Woodside will emerge as one of the largest global LNG suppliers by volume.”
Archrock to buy natgas compression firm TOPS for $983 MM
Energy infrastructure company Archrock has confirmed it will buy contract gas compression services provider Total Operations and Production Services (TOPS) for ~$983 MM in cash and stock from Apollo Global Management funds.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Power Knot LLC receives continued orders from ExxonMobil PNG for food waste digester consumables, spare parts
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
