natural gas
Santos signs 500,000-tpy LNG supply contract with Glencore
Santos will supply 19 LNG cargoes, or up to approximately 500,000 tpy of LNG over a period of 3 yr plus one quarter to Glencore Singapore Pte Ltd.
Rohe Solutions begins bio-LNG production at the Hamina LNG terminal
Rohe Solutions started the production of Bio-LNG (liquefied biomethane) at the Hamina LNG terminal in Finland. Bio-LNG is produced using biomethane from the gas grid in a process called liquefaction from the grid.
Maire completes carbon capture plant for Eni's natural gas treatment in Italy
MAIRE, through its subsidiaries NEXTCHEM (Sustainable Technology Solutions) and KT (Integrated E&C Solutions), acted as technology integrator and completed the full engineering, procurement and construction works for a carbon plant at the ENI natural gas treatment plant of Casalborsetti, near Ravenna, Italy.
Phillips 66 sheds non-core natgas assets in Texas
U.S. oil refiner Phillips 66 has sold its natural gas gathering and processing assets in East Texas to Voyager Midstream Holdings, a portfolio firm of Pearl Energy Investments.
New Fortress Energy receives non-FTA approval for its Mexico FLNG project
New Fortress Energy Inc. announced that it has received authorization from the United States Department of Energy to export up to ~1.4 MMtpy of LNG to non-Free Trade Agreement countries from its Fast LNG 1 (FLNG 1) asset located offshore Altamira, Mexico for a term of five years.
North American LNG capacity to more than double by 2028
North America’s LNG export capacity is on track to more than double between 2024 and 2028, from 11.4 billion cubic feet per day (Bcfd) in 2023 to 24.4 Bcfd in 2028, if projects currently under construction begin operations as planned.
Putin arrives in Mongolia, key link in planned gas pipeline to China
The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.
Turkey's Botas buying 4 Bm3y of LNG from Shell in 10-year deal
Turkish state energy company Botas and British oil major Shell have signed a 10-year LNG agreement for a total of 40 LNG cargoes of approximately 4 Bm3 to be delivered annually for a period covering 10 years starting from 2027.
Egypt counts on foreign funds to buy gas as power crisis worsens
Saudi Arabia and Libya have financed the purchase of gas cargoes worth at least $200 MM to help Egypt ease its energy crisis this summer amid a steep decline in domestic gas output.
Russia's Gazprom says H1 net income more than tripled to $10.9 B
Kremlin-owned gas giant Gazprom said on Thursday its first-half net income more than tripled from a year earlier to more than 1 T roubles ($10.9 B), thanks to rising gas exports and cost controls.
Texas (U.S.) narrows gas plant projects vying for $5.4 B in funding
The Public Utility Commission (PUC) of Texas has selected 17 projects, seeking $5.38 B in government funding, to advance in a new program aimed at spurring the development of gas-fired power plants.
Golden Pass LNG asks U.S. regulator for 3-yr extension to complete construction
The developer of a Texas liquefied natural gas export project on Wednesday asked U.S. regulators for a three-year extension to complete construction of the $10-B Golden Pass LNG project, citing scheduling uncertainties. Golden Pass LNG, a joint venture of QatarEnergy and ExxonMobil building an 18-MMtpy LNG export project on the Texas coast, wrote that a change in primary contractors requires an extension until November 2029.
ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
ONEOK announced that it has executed a definitive agreement with Global Infrastructure Partners under which ONEOK will acquire interest in EnLink Midstream and Medallion Midstream for nearly $6 B.
Mexico Pacific announces long-term LNG SPA with POSCO International
Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, announced that it has signed a sales and purchase agreement of 700,000 tpy of LNG with POSCO International Corporation.
Cyprus mulls ending gas imports monopoly to address project delays
Cyprus wants to end a state monopoly over the import of natural gas in an attempt to find a quick workaround over serious project delays in getting the commodity to market.
KOTUG awarded marine services contract for Eni's Congo LNG project
KOTUG International B.V. announced that it has been awarded a contract for ENI Congo to deliver critical marine services for the Congo LNG project. This project, situated offshore the Republic of Congo, includes the Tango FLNG and the Excalibur Floating Storage Unit, with a second FLNG currently under construction.
INNIO Group “Ready for H2” engines selected to modernize Romania’s CHP plants transition to net-zero
INNIO Group, in collaboration with Clarke Energy, will revamp two major combined heat and power plants in Romania with Jenbacher "Ready for H2" engines.
Linde to invest $2 B in Canada to supply hydrogen to Dow's Alberta chemical complex
Industrial gases firm Linde said it would invest more than $2 B to build a clean hydrogen facility for supplying to Dow's Path2Zero production complex in Alberta, Canada.
Kremlin says Europe will pay more unless Ukraine extends gas transit deal
European consumers will face higher prices unless Kyiv agrees to extend a deal on Russian gas transit via Ukraine once it expires on Dec. 31.
Nu:ionic Technologies (Canada), HybriGenix Futures to collaborate on hydrogen production facility in Canada
Nu:ionic Technologies (Canada), Inc. and HybriGenix Futures Inc. announced the signing of a Memorandum of Understanding (MOU) to collaborate on an innovative clean power and hydrogen production facility in Alberta, Canada.
New Zealand to pass laws to expediate LNG imports amid energy shortages
New Zealand said it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import LNG amid energy shortages.
ADNOC deploys pioneering AI-enabled process optimization technology
Following successful initial operations, ADNOC announced the deployment of an industry leading artificial intelligence (AI)-enabled process optimization technology--Neuron 5--across all ADNOC facilities across thousands of critical pieces of equipment essential for production, including compressors, valves and generators.
Qatar strikes another 15-yr LNG supply deal with Kuwait
Qatar agreed to supply Kuwait with 3 MMtpy of LNG for 15 years, as Kuwait imports the fuel to help meet rising demand for power generation.
Woodside Energy earnings set to dip as investors eye strategic deals
Woodside Energy, Australia's top independent gas producer, is on track to post a drop in interim earnings on Tuesday, with investors focusing on its deal-making strategy after the collapse of a $52-B merger with Santos.
Europe gas prices vulnerable to Ukraine transit stop, says TotalEnergies CEO
The future of Russian gas transit through Ukraine remains a key uncertainty for European gas prices, even as the continent heads into the winter with full storages.
Amigo LNG secures supply agreement with E&H Energy
Amigo LNG announced that it has entered into a long-term LNG supply agreement with E&H ENERGY SDN BHD of Malaysia.
New research reveals increasing strategic importance of maintenance in oil and gas industry operations
Jotun has published a new report, derived from a survey of over 1,000 senior professionals, showing that 88% of respondents anticipate an increase in maintenance budgets over the next five years and 75% say that the requirement to report on environmental performance has led to increased investment in maintenance.
Egypt plans to return oil, gas production to normal from 2025, PM says
Egypt plans to return oil and gas production to normal levels from 2025 with the help of international partners.
U.S. natgas prices drop 6% to 2-week low on big storage build, less heat
U.S. natural gas futures dropped by about 6% to a two-week low on Thursday on a bigger-than-expected weekly storage build and forecasts for less hot weather over the next two weeks than previously expected.
Pier Solutions, H2scan announce partnership for market-leading hydrogen sensors and technology
Pier Solutions has announced a strategic partnership with H2scan. The new collaboration brings revolutionary hydrogen sensor technology to Europe for the first time allowing Pier Solutions to be a key part of expanding H2scans global reach.
- 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
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- 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
