natural gas
Brookfield to sell pipeline stake to ArcLight as part of $1.7-B exit
Brookfield Infrastructure Partners L.P. has agreed to sell its remaining 25% interest in NGPL Holdings LLC to funds managed by ArcLight Capital Partners, completing its exit from the U.S. natural gas pipeline operator.
EU members seek flexibility on 90% gas storage filling rule
European Union countries are discussing a proposal that would allow them to deviate from the bloc's target to fill natural gas storage to 90% before winter, if market conditions make this prohibitively expensive.
Golar LNG signs finance lease agreements for FLNG Gimi
Golar LNG Limited announced that it has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of the existing FLNG Gimi debt facility. The sale leaseback facility will be approximately $1.2 B.
Wison Engineering signs FEED contract with WasteFuel for Ankara Green Methanol project in Turkey
The ITC-WasteFuel project plans to utilize biogas generated from the waste treatment facilities of ITC in Ankara to produce green methanol. This marks Turkey's first biogas-to-methanol project.
U.S. natgas prices edge up 1% on record flows to LNG export plants
U.S. natural gas futures edged up about 1% on Friday on record flows to liquefied natural gas (LNG) export plants.
Column: How Ukraine's gas infrastructure could be of interest to Trump
The U.S. administration suggested this week the United States could help run and possibly own Ukraine's power plants and energy infrastructure as part of a ceasefire deal with Russia.
Apollo to partner with bp on TANAP gas pipeline
Apollo Funds to invest ~$1 B for non-controlling shareholding in BP Pipelines (TANAP), which holds bp’s 12% interest in the Trans-Anatolian natural gas pipeline (TANAP), part of the Southern Gas Corridor pipeline system.
Powered by GE Vernova’s H-Class equipment, 1.2-GW Pulau Indah power plant begins operation
GE Vernova Inc. has announced a Selangor state-linked company, Worldwide Holding Berhad (WHB)’s Pulau Indah power plant achieved the start of operation in Selangor, approximately 60 km from the Malaysian capital city, Kuala Lumpur.
Europe gas: Prices down as milder weather mutes demand
Dutch and British wholesale gas prices were down on Thursday morning, following a rebound in the previous session, amid warmer weather and as the market continued to monitor any progress in Ukraine-Russia ceasefire talks.
U.S. ethane production, consumption and exports set new records in 2024
U.S. ethane production, consumption, and exports reached record highs in 2024. Increasing ethane recovery associated with natural gas production and continued growth in the domestic and global petrochemical sectors drove these increases.
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.
Pace CCS, Foxconn, TEWE to solve critical CCS challenge
Pace CCS, a global leader in CCS design, has announced a landmark collaboration with Foxconn, the world-renowned technology manufacturer, and TEWE [Taiwan East West Enterprises (CHEMA) Ltd.], a nearly century-old sales and service provider to Taiwan’s industrial sector. Together, the three industry leaders are developing a first-of-its-kind chemical injection unit designed to address the most pressing challenge in CCS: the removal of key impurities from carbon dioxide (CO2) streams that can cause corrosion in CCS networks.
Brazil's government wants lower prices for natural gas pipeline and processing
Brazil could cut prices for firms to access gas pipelines and natural gas processing units, in a bid to lower consumer prices, Brazil's Minister of Mines and Energy said
Ukraine, Russia energy assets in focus after Trump-Putin call
Russia and Ukraine accused each other on Wednesday of launching air attacks that sparked fires and damaged infrastructure just hours after their leaders agreed to a limited ceasefire to halt attacks on energy infrastructure.
SoCalGas announces first RNG contract approved under California (U.S.) program
Southern California Gas Co. (SoCalGas) has announced it has executed a contract with Organic Energy Solutions (OES) to procure renewable natural gas (RNG) converted from organic waste and inject it into SoCalGas' pipeline system.
Partners Group to buy California (U.S.) energy assets for $2.2 B
Swiss private equity firm Partners Group will buy an energy asset management platform and certain gas-fired power plants in California from U.S.-based Avenue Capital Group for $2.2 B.
Crowley and Naturgy deploy first U.S. LNG carrier to serve Puerto Rico
Crowley has commenced operations on the first domestic LNG carrier to transport U.S.-sourced natural gas to Puerto Rico, delivering LNG to Naturgy's operating facility in Penuelas, Puerto Rico.
ExxonMobil Australia, Woodside approve FID for $221-MM gas project
ExxonMobil's Australian unit said that its Gippsland Basin JV with Woodside Energy has approved its final investment decision to develop the Turrum Phase 3 project, targeting underdeveloped gas resources and possibly providing additional resources for the domestic market
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.
Brazil's Petrobras in talks with U.S. LNG suppliers for long-term deal
Brazil's state-run oil firm Petrobras is in talks with U.S. LNG suppliers for a long-term import deal. Brazil is Latin America's largest oil producer, but consumes more gas than it produces and relies on imports to fill the gap.
Alaskan officials to seek investors in Japan as Trump touts U.S. LNG
The project aims to transport natural gas south from Alaska's remote north via a $44-B 1,300-km pipeline, to be shipped as LNG to Japan, South Korea and Taiwan. Exports could begin by 2030 from a project that could deliver about 3.5 Bft3/d.
CTCI Corp., IHI awarded EPC contract to build LNG cryo tanks for CPC Corp. in Taiwan
CTCI Corporation has jointly won a NT$26.6-B (> $800 MM) EPC bid with Japan’s IHI Plant Services Corporation to build LNG cryogenic tanks for CPC Corp., Taiwan’s state-owned petroleum company, at CPC Kaohsiung Intercontinental LNG Terminal.
U.S. natural gas pipeline project completions increase takeaway capacity in producing regions
According to the U.S. Energy Information Administration (EIA), natural gas pipeline projects completed in 2024 increased takeaway capacity by approximately 6.5 Bft3d in key production regions, including Appalachia, Haynesville, the Permian Basin, and the Eagle Ford.
EU countries draft plan to soften gas storage targets, document shows
European Union countries are discussing making the bloc's binding gas storage goals more flexible, over concerns that the rules risk inflating gas prices.
U.S. natural gas prices ease to 2-week low on record output, negative Waha prices
U.S. natural gas futures eased to a two-week low on Monday on record output, negative spot prices at the Waha Hub in West Texas and forecasts for the weather to remain mild through the start of April, which should keep the amount of gas utilities pull from storage to heat homes and businesses lower than usual for this time of year.
U.S., Vietnam firms sign deals on energy and minerals
Vietnamese and Americans firms have signed a series of deals on energy and minerals during a visit to the United States by Vietnam's trade minister.
Qatar to provide gas to Syria via Jordan with a U.S. nod, sources say
Qatar is set to provide Syria with gas via Jordan to improve the nation's meager electricity supply and boost Syria's new rulers, according to three people familiar with the matter, in a move that a U.S. official said had Washington's approval.
NRG to acquire 738 MW of natural gas generation in Texas (U.S.)
NRG Energy Inc. has entered into a definitive agreement to acquire six power generation facilities from Texas-based Rockland Capital, LLC, adding 738 megawatts (MW) of modern, flexible natural gas-fired capacity to its portfolio.
Insight: Gazprom's grandeur fades as Europe abandons Russian gas
The European Union aims to end its use of Russian fossil fuels by 2027 and its overall gas consumption has decreased in part due to a shift to renewable energy sources. Last year, Gazprom posted a net loss of $7 B for 2023, its first since 1999, the year Putin came to power. It posted another loss in the first 9 months of 2024, the latest period for which figures are available.
AI, LNG demand to keep U.S. natgas use at record highs but bottlenecks threaten
U.S. natural gas use is set to continue hitting record highs due to soaring liquefied natural gas (LNG) demand and power consumption from data centers, executives said at a conference this week, while also warning a lack of infrastructure could hurt the industry.
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Digital Exclusive: The future of gas turbines in the green revolution
- LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
