Asia-Pacific
Russia's Arctic LNG 2 project faces production issues despite cargo loadings
The first train is running at 55% production capacity, while the second train is struggling with serious electrical issues and is unable to load any cargoes.
West hits ‘peak sanctions’ on Russia’s energy sector
The complex web of Western sanctions targeting Russia’s oil and gas industry has failed to impede Moscow’s energy flows or its war effort, suggesting that time and overuse are blunting the force of U.S. and European financial weapons.
China receives first Arctic LNG 2 cargo ahead of Putin's visit
Putin is among more than 20 world leaders, including Indian Prime Minister Narendra Modi, who will attend the Shanghai Cooperation Organisation summit in China's northern port city of Tianjin on Sunday and Monday, where he is expected to meet Xi to revive trade between the countries.
China's carbon market to introduce absolute emissions caps from 2027
China will tighten its carbon trading market by introducing absolute emissions caps in some industries for the first time starting by 2027, China's cabinet said.
CPC Corp. awards CTCI EPC contract for LNG build in Taiwan
CTCI announced that it was awarded another major LNG terminal-related EPC contract to help the state-owned oil company CPC Corporation build regasification facility at Kaohsiung Intercontinental LNG Receiving Terminal in southern Taiwan
Trafigura signs long-term LNG supply agreement with KOGAS
Trafigura has signed a long-term agreement to supply liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS), the Republic of Korea’s national gas company and one of the world’s largest importers of LNG.
Baker Hughes awarded long-term service agreement by bp for Tangguh LNG operations
Baker Hughes announced a long-term service agreement award from bp for its Tangguh LNG plant in Papua Barat, Indonesia.
PetroChina proposes to buy gas facilities from CNPC in $5.59-B deal
The deal comes as China's biggest oil and gas producer looks to ensure stable operation and develop its natural gas industrial chain.
Air Liquide advances deal to buy DIG Airgas
This major acquisition marks a significant strategic milestone for Air Liquide, substantially strengthening its market position in South Korea.
China's LNG imports are set to rise for a 4th month, but it's not bullish
The world's biggest buyer of the super-chilled fuel is on track to see imports of 6.04 MM tonnes (t) in August, the strongest since the same volume was landed in January.
Asia's imports of U.S. LNG to surge, but likely not enough for Trump
Asia's LNG imports from the United States will surge to 3.61 MMt in October, which would be the second-highest on record behind the 3.75 MMt from February 2021.
Amigo LNG signs 20-yr SPA with Gunvor
Amigo LNG announced the signing of a definitive long-term sale and purchase agreement with Gunvor Singapore Pte Ltd of 850,000 tpy of LNG for 20 yrs.
LNG cargoes from sanctioned Arctic LNG 2 project travel east
Four liquefied natural gas (LNG) tankers carrying cargoes from Russia's Arctic LNG 2 plant, sanctioned over Moscow's war in Ukraine, are headed east toward Asia.
India ONGC eyes Buying 600,000 tpy of ethane for West India petrochemicals plant
An executive for India's Oil and Natural Gas Corp. Ltd. has said that the company is looking at buying 600,000 tpy of ethane for a West India petrochemicals plant. However, additional details have not been made available.
Australia's Santos extends due diligence deadline for $18.7 billion ADNOC-led offer
Santos said it had extended the period of exclusive due diligence to an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which had offered $18.7 billion for Australia's second biggest gas producer.
AVTL to develop new €170-MM LPG terminal at the JNPA port in Mumbai, India
In India, AVTL announced a positive final investment decision to build a greenfield terminal for 132,000 m3 of LPG and 318,000 m3 of liquid products and a LPG bottling plant of 35,000-t capacity in the JNPA port in Mumbai.
Cheniere and JERA sign long-term LNG sale and purchase agreement
Under the SPA, JERA has agreed to purchase approximately 1 metric MMtpy of LNG from Cheniere Marketing on a free-on-board basis from 2029 through 2050.
Samsung E&A awarded FEED contract for Inpex's Abadi LNG project
SAMSUNG E&A announced that it received Letter of Award for the front-end engineering design contract for the Indonesia INPEX Abadi Onshore LNG Project from INPEX Masela Ltd.
Update: Inpex awards more contracts in engineering design for Indonesia's Abadi LNG project
In April, the firm launched a front-end engineering design (FEED) process to assess technical details and costs to build the facilities needed to extract and process natural gas from the Abadi gas field and convert it to LNG at an onshore plant.
Inpex awards some contracts in engineering design for Indonesian LNG project
Japanese oil and gas explorer Inpex Corp said it has awarded a few contracts for early-stage design work for its $20-B Abadi LNG project in the Masela block in Indonesia.
Malaysia agrees to boost tech, LNG purchases from U.S. as part of trade deal
State energy firm Petroliam Nasional Berhad will buy liquefied natural gas (LNG) worth $3.4 B a year, while Malaysia will commit to $70 B in cross-border investments in the United States over the next 5 yr to address the trade imbalance between the two countries.
ADNOC Gas signs 10-yr LNG supply agreement with Hindustan Petroleum Corp.
ADNOC Gas and its subsidiaries announced the signing of a Heads of Agreement with Hindustan Petroleum Corporation Limited (HPCL) to supply 0.5 million metric tons per year of liquefied natural gas (LNG) for a 10-year term.
EU energy policy trapped between U.S. gas and Chinese green tech
The European Union's lavish pledge to buy $750 B of U.S. energy by 2028 risks exacerbating the bloc's already outsized dependence on American gas, just as it finds itself increasingly reliant on Chinese technology to power its energy transition.
Turkey to start providing Syria with natural gas on August 2
Ankara, which supported rebel forces in neighboring Syria throughout the 13-yr civil war that ended in December with the ousting of Bashar al-Assad, has become one of the new Syrian government's main foreign allies while positioning itself to be a major player in Syria's reconstruction.
Japan's LNG stockpiles down to 1.79 MM tonnes, lowest so far this year
In the previous week, the stockpile was at 1.92 MMt, below the 1.94 MMt held during July last year on average.
Trump says Japan, U.S. to form LNG joint venture
Trump said Japan, US to form joint venture for Alaskan LNG Not clear if Trump was referring to proposed $44 billion Alaska LNG project METI is working to confirm the facts, official says JERA, Tokyo Gas previously expresses cautious interest U.S. President Donald Trump said on Tuesday th..
Update: Cancelled and postponed green hydrogen projects
Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and weak demand for the low-carbon fuel have made many ventures unviable.
Equinor eyes tighter gas market as lower oil prices hit Q2 profit
Europe's gas market could tighten further ahead of the winter season as storage levels remain well below last year and the continent faces competition from Asia for LNG shipments
Hanwha Shipping orders LNG carrier from Hanwha Philly Shipyard
This vessel will be the first U.S.-ordered LNG carrier since the late 1970s.
Philippines set for first coal power decline in 17 yr amid rising LNG use
The Philippines is on track for an annual decline in coal-fired electricity output for the first time in nearly two decades, driven by rising liquefied natural gas (LNG)-fired power generation.
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- KBR awarded FEED for Coastal Bend LNG project
