Regions
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.
Glenfarne Energy Transition’s Texas LNG and EQT execute binding LNG tolling agreement
Texas LNG Brownsville LLC, a 4 MMtpy LNG export terminal to be constructed in the Port of Brownsville, Texas, and a subsidiary of Glenfarne Energy Transition, LLC, and EQT have executed a definitive 20-yr tolling agreement for natural gas liquefaction services for 2 MMtpy of LNG.
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.
Judge approves Zachry Holdings, Golden Pass LNG settlement, paving the way for project resumption
A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement that will allow ExxonMobil and QatarEnergy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.
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.
In gas-rich Venezuela, next president faces problem of producing it
While it sits atop the world's eighth-largest natural gas reserves and the biggest in Latin America, Venezuela's output fell to 4 Bft3d this year from almost 8 Bft3d in 2016.
Brazil's TAG, Eneva to connect LNG pipeline to private terminal in October
Brazilian energy firm TAG plans to start operations of a new pipeline section in October that will connect the country's largest pipeline network to Eneva's liquefied natural gas (LNG) storage terminal in Sergipe state.
U.S. wind power falls to 33-month low, generators burn more natgas
The amount of electricity produced by wind farms in the U.S. fell to a 33-month low on Monday, forcing power generators to crank up natural-gas fired plants to keep air conditioners humming during a hot summer day.
Cleanova acquires Sidco Filter Co. and Shawndra Products
Cleanova has successfully Sidco Filter Co. and Shawndra Products Inc., two leading clean tech filtration companies based in the U.S. These strategic acquisitions align with Cleanova’s vision to expand its global footprint and strengthen its presence in the filtration industry.
Viridi Energy signs 20-yr agreement with Énergir L.P. to supply pipeline-quality RNG at scale
Viridi Energy, a leading renewable natural gas (RNG) platform, has signed a 20-yr offtake agreement with Énergir L.P. Énergir, a Quebec, Canada-based diversified energy business, is the largest natural gas distribution company in Quebec as well as, through subsidiaries, the largest electricity distributor and the sole pipeline natural gas distributor in Vermont.
Golden Pass LNG construction could return to normal after settlement
Work to complete the QatarEnergy and ExxonMobil $11-B LNG project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development.
Puerto Bahía and GASCO agree to pursue LPG project in Cartagena, Colombia
Frontera Energy Corp. has announced that its subsidiary, Sociedad Portuaria Puerto Bahía S.A. and Gasco Soluciones Logísticas y Energéticas S.A.S. (GASCO) have entered into a framework collaboration agreement to jointly pursue a liquified petroleum gas (LPG) project at Puerto Bahía's state-of-the-art liquids and dry cargo port terminal strategically located in the Bay of Cartagena, Colombia.
Argent LNG selects GTT onshore tank technology to develop its liquefaction facility in Louisiana (U.S.)
Argent LNG's phased development in Port Fourchon, Louisiana will include GTT, a cryogenic membrane containment system used in the transport and storage of liquefied natural gas (LNG).
Spain's Enagas shares fall as it warns of loss after U.S. asset sale
Shares in Spanish gas grid operator Enagas fell on Tuesday after it warned of a loss for the year after booking a capital hit resulting from the sale of an asset in the United States.
U.S. natgas prices slide 3% on rising output, oversupply in storage
U.S. natural gas futures slid about 3% on Tuesday on rising output and an ongoing oversupply of gas in storage.
EIA: Less natural gas consumption in Europe is keeping storage full
Consumption of natural gas in Europe consistently decreased since mid-2022, driven by a combination of mild winter weather and government policies aimed at reducing natural gas consumption.
Chart Industries’ IPSMR® process technology delivers first LNG at New Fortress Energy’s Fast LNG project
Chart Industries Inc., a leading global solutions provider to clean energy and industrial gas markets, has announced that its Integrated Pre-Cooled Single Mixed Refrigerant (IPSMR®) process technology has delivered first liquefied natural gas (LNG) at New Fortress Energy Inc.’s initial Fast LNG (FLNG) asset located offshore Altamira, Mexico.
Update: Freeport LNG in Texas resumes exports as gas processing ramps up
The second largest liquefied natural gas (LNG) exporter in the U.S., Freeport LNG, has resumed shipments after shutting operations ahead of Hurricane Beryl, with processing on track to reach about half its capacity on Monday.
South Korea's KOMIPO cancels plans for LNG import terminal
South Korea's Korea Midland Power Co. (KOMIPO) has cancelled plans to build a liquefied natural gas (LNG) import terminal on the western coast of the country due to high costs and declining demand for the fuel.
Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.
Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)
Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.
Power Knot LLC receives continued orders from ExxonMobil PNG for food waste digester consumables, spare parts
Power Knot LLC, a market leader for onsite organic waste management solutions, has received additional orders for food waste digester consumables and spare parts from ExxonMobil PNG.
- Woodfibre LNG receives BCEAO order to move floatel to site to house non-local workforce
- QatarEnergy, Exxon seek to remove contractor from Texas gas project
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Congo Brazzaville becomes an LNG exporting country
- Fulcrum LNG to pair with McDermott, Baker Hughes for Guyana gas project
- EU approves law to hit gas imports with methane emissions limit
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Hawai'i Gas selects Eurus Energy America, Bana Pacific for hydrogen and renewable natural gas projects
- TotalEnergies increases LNG deliveries to Asia with two new contracts
- Desert Mountain Energy Corp. initiates helium production
