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Aramco and Sempra announce Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2

Aramco and Sempra announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-yr sale and purchase agreement (SPA) for LNG offtake of 5 MMtpy from the Port Arthur LNG Phase 2 expansion project.

China's Wison New Energies to quit Russian projects in blow to Arctic LNG 2

Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects, and will immediately and indefinitely stop taking any new Russian business.

New England (U.S.) utility closes import-dependent gas-fired power plant, keeps LNG import option

Although Constellation Energy will close the Mystic gas-fired power plant north of Boston (U.S.), it will continue to operate the Everett LNG terminal

Birchcliff and AltaGas enhance long-term partnership

Birchcliff and AltaGas enhance long-term partnership announced an expanded partnership focused on reducing long-term operating costs and connecting more liquified petroleum gas into premium global markets.

Golden Pass LNG construction turmoil to delay Texas plant's startup

The startup of Golden Pass LNG, the QatarEnergy and ExxonMobil $11-B JV LNG project in Texas, has been delayed by at least six months due to construction turmoil, according to analysts.

Fulkrum awarded a frame agreement to support Woodside’s US New Energy projects

Leading provider of inspection, expediting, auditing and technical staffing services, Fulkrum, has been awarded a frame agreement for the provision of third-party inspection services to Woodside's New Energy projects in the U.S., including its proposed liquid hydrogen project, H2OK, located in Ardmore, Oklahoma.

Siemens accelerates hydrogen ramp-up with generative artificial intelligence

To accelerate the hydrogen ramp-up, the technology company Siemens will be supporting companies in the hydrogen industry with software tools based on generative artificial intelligence.

Japan, EU agree to work on creating hydrogen demand and supply

Japan and the European Union agreed to work together on policies related to creating demand and supply for clean hydrogen as well as to cooperate in advancing technologies to develop the new fuel

Norway outage pushes European gas prices to highest this year

Norway's gas exports to Europe fell sharply on Monday as a shutdown of the offshore Sleipner hub halted operations at the Nyhamna onshore processing plant, pipeline operator Gassco said, lifting European prices to their highest level this year.

OPW separates into two business units: Clean Energy Solutions and Propane Energy Solutions

OPW announced that its OPW Clean Energy Solutions business unit will be divided into two distinct business units: the existing Clean Energy Solutions and the new Propane Energy Solutions.

Goldman Sachs: Global LNG market to grow by 50% by 2029

Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.

API's new standard sets guidelines for pipeline public engagement

API RP 1185, Pipeline Public Engagement, was recently published, and it’s a significant standard in every respect-primarily as it engages the public in every phase of the pipeline lifecycle. In this article, API executive Anchal Liddar explains the significance of the document and how it will help shape energy policy.

Woodside gets $1 B in funding for Scarborough LNG project

Woodside will receive $1 B in funding for its flagship Scarborough LNG project from state-owned Japan Bank for International Cooperation.

ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B

ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.

Hess shareholders sign off on $53 B sale to Chevron

Hess shareholders approved the proposed $53 B merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival ExxonMobil's massive Guyana discoveries.

Aethon Energy to buy Tellurian upstream assets for $260 MM

Aethon Energy will acquire Tellurian's upstream assets for $260 MM and purchase 2 MMtpy of LNG from its Driftwood LNG plant, the companies said on Wednesday.

Norway's Nyhamna gas plant evacuated due to fire

Norway's Nyhamna natural gas processing plant, which supplies Britain through a pipeline under the North Sea, was evacuated on Tuesday following a fire.

Australian natural gas industry seeks policy repairs to boost investment

Australia's natural gas industry executives are seeking more measures to restore an investment environment they say has been damaged by a series of state interventions to boost domestic supply and curb soaring energy prices.

Firm building QatarEnergy-Exxon LNG plant in Texas (U.S.) files for bankruptcy

The lead contractor building a Texas LNG plant for QatarEnergy and ExxonMobil on Tuesday filed for Chapter 11 bankruptcy protection, citing challenges at the project.

Phillips 66 to buy Pinnacle Midland for $550 MM

Phillips 66 agreed to acquire Pinnacle Midland, a midstream company owned by private equity firm Energy Spectrum Capital, for $550 million in cash, expanding the U.S. refiner's natural gas gathering and processing footprint in the Midland Basin.

U.S. Republican lawmakers urge FERC to approve LNG applications

Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for LNG projects.

Golden Pass LNG in discussions with contractor, may delay startup

Golden Pass LNG, a JV between QatarEnergy and Exxon Mobil, said it was in ongoing talks with a contractor that could have near-term impacts on activity at its site.

Squamish Council rejects Woodfibre LNG's "floatel" amid safety/environmental concerns

The District of Squamish council voted to reject a 1-yr temporary use permit for Woodfibre LNG's use of a renovated cruise ship to house more than 600 workers.

Oklahoma (U.S.) sues two companies over alleged natural gas price manipulation

Oklahoma (U.S.) has sued two energy companies, accusing them of manipulating natural gas prices during Winter Storm Uri in 2021, according to a press release from the state attorney general's office.

Samsung Engineering rebrands name to 'SAMSUNG E&A'

The company name change to SAMSUNG E&A CO., LTD. was confirmed during the 57’s general shareholders' meeting on 21 March 2024, where the change of articles of incorporation were passed.

LNG developer Tellurian to explore sale among other options, CEO steps down

Tellurian said it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role, amid the LNG developer's efforts to keep its Driftwood export project alive.

Shell's LNG, gas and power trading boss Hill to move on

Shell's head of LNG, natural gas and power trading Steve Hill is leaving the company.

Navigating the complex LNG value chain

3/7/2024

Capturing efficiency and visibility across the LNG value chain is possible with modern technologies. This article examines how boundless automation is managing data seamlessly from the field to the edge and into the cloud. This includes a move toward holistic, seamlessly integrated energy logistics software solutions that help operators visualize and manage the LNG value chain from end-to-end.

Optimized high-pressure injection system design

3/7/2024

This article details an optimization opportunity that was taken in a high-pressure injection system after a thorough evaluation during the Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project in Saudi Arabia.

LNG developer Tellurian to not extend CEO's employment term

LNG developer Tellurian said it would not renew or extend the employment term of CEO Octavio Simoes beyond June 5, and aims to sell its upstream business as it no longer sees it "a core strategic need"

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