natural gas
~1 MM in Texas without power, Freeport LNG to restart after Beryl
~1 MM homes and businesses in Texas remained without power on Thursday, four days after Hurricane Beryl lashed the state with fierce winds and flooding, sparking frustration among companies, officials and residents who were facing extreme heat.
Global LNG trade increased more than 1.6 Bcf/d in 2023
LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).
Engie to partner with Macquarie in Mexican pipeline project
French energy company Engie has agreed to partner with Australian infrastructure investor Macquarie Asset Management to expand the Mayakan natural gas pipeline in Mexico.
EIA: US natgas output to decline in 2024, while demand rises to record high
U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO).
Austria appoints commission to try to ditch Russian gas contract
Austria's energy minister has appointed a commission of experts to examine whether Austria can scrap a gas-supply contract between OMV and Gazprom to reduce its dependence on Russia.
Shell awards Wood major engineering contract for world’s largest floating offshore gas facility
Wood, a global leader in consulting and engineering, has secured a six-year contract to provide brownfield engineering, procurement and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) facility in Western Australia.
Shell boosts LNG business with Manatee FID in Trinidad and Tobago
Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell Plc., has taken a final investment decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
EnviTec Biogas announces market entry in Sweden
The EnviThan gas upgrading system from EnviTec Biogas AG is a tried and tested technology that can now demonstrate all its advantages in Sweden for the first time.
Norway keen to explore hydropower, CCS projects in Indonesia
Norway is seeking to form a stronger partnership with Indonesia and explore investment opportunities in renewable energy such as hydropower, and carbon capture and storage (CCS).
Australian regulator warns east coast to face gas shortage by 2027
Australia's east coast could face gas shortages from 2027, a year earlier than initially forecast, the country's competition regulator said on Friday, as it called for an urgent need to develop new sources of production and supply.
BASF and ENGIE sign long-term biomethane purchase agreement in Europe
BASF and ENGIE signed a 7-yr biomethane purchase agreement (BPA). Under the BPA, ENGIE will supply BASF with 2.7-3 terawatt hours of biomethane throughout the term of the agreement.
UECC chooses Titan for major liquefied biomethane deliveries
United European Car Carriers (UECC) and Titan Clean Fuels (Titan) are collaborating on a series of major liquefied biomethane (LBM) bunkering operations in the Port of Zeebrugge.
Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana (U.S.)
U.S. LNG company Venture Global LNG sought permission from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.
Bangladesh's Summit LNG expected to resume operations in mid-July
The floating storage and regasification unit of Bangladesh's Summit LNG should resume operations in mid-July after it was damaged during a cyclone.
Bolivia seeks oil and gas investment, Russia's help to solve energy crunch
Bolivian state energy firm YPFB is looking to improve conditions for investment in the country's flagging oil and gas sector and seeking help from Russia to overcome recent fuel shortages.
New Fortress Energy to sell Miami (U.S.) liquefaction and storage facility
New Fortress Energy announced that it has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.
Pembina acquires interest in Whitecap Resources' 165-MMft3d Kaybob gas complex
Pembina Pipeline Corp. announced that Pembina Gas Infrastructure Inc. has entered into a purchase and sale agreement with Whitecap Resources Inc. to acquire a 50% working interest in Whitecap’s 165-MMft3d Kaybob gas complex.
Texas governor looks to double state energy fund to $10 B to build gas plants
Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick said they will seek to expand the Texas Energy Fund program to $10 B to build more natural gas plants to meet the state's growing demand for electricity.
Vitol invests in future of LNG bunkering by securing three LNG bunkering vessels
Vitol has secured three LNG bunkering vessels. The vessels were secured via a 7 yr-10 yr time charter agreement with Avenir LNG Limited and CIMC Sinopacific Offshore & Engineering Co. Ltd shipyard in Nantong, China.
Tellurian closes $260-MM asset sell to help advance Driftwood LNG project
Tellurian Inc. announced that it has closed the previously reported sale of its integrated upstream assets for $260 MM to affiliates of Aethon Energy Management LLC, substantially strengthening its balance sheet as it advances the Driftwood LNG project.
US judge halts Biden administration's pause on LNG permits
A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).
Europe gas prices tread water in lackluster market
Dutch and British wholesale gas prices were little changed on Tuesday amid tepid demand, stable supply of pipeline and liquefied natural gas (LNG) and plentiful storage levels.
Wood awarded concept study for Greater Sunrise LNG development
Wood will deliver a comprehensive concept study, considering engineering, technology, financing, commercial structures, fiscal, environmental, health & safety and socioeconomic drivers including local content.
US natgas prices ease to 6-week low on rising output, lower LNG feedgas
U.S. natural gas futures eased about 1% to a six-week low on rising output, forecasts for less demand over the next two weeks than previously expected due to lower liquefied natural gas (LNG) feedgas and an ongoing oversupply of gas in storage.
Aramco’s strategic gas expansion progresses with $25 B in contract awards
Aramco has awarded contracts worth more than $25 B to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030.
Norway's Vaar Energi extends gas delivery deal with ENI by 12 yr
Vaar Energi has extended an agreement to supply natural gas to Italy's ENI by 12 years. Vaar Energi will under the new deal deliver up to 5 Bm3 of natural gas between 2024 and 2036.
TES, Itochu Corp. team up for decarbonization efforts via e-NG
TES announced a strategic collaboration with Itochu Corporation aimed at driving forward the adoption of e-NG to decarbonize hard-to-abate sectors.
BKV sells new carbon-neutral natural gas product to Kiewit
BKV Corp. has signed a contract for the sale and purchase of carbon sequestered gas (CSG) with Kiewit Infrastructure South Co., a subsidiary of Kiewit Corp.
Fulcrum LNG to pair with McDermott, Baker Hughes for Guyana gas project
A proposed large natural gas project in Guyana by U.S. energy developer Fulcrum LNG includes partnerships with U.S. oil service company Baker Hughes and engineering firm McDermott.
Russia will start gas exports to China from far east in 2027
Russia's Gazprom will start annual pipeline gas exports to China of 10 Bm3 in 2027.
- 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
