Asia-Pacific
Australia tribunal sets Sept 22 as date for Chevron LNG dispute hearing
The dispute between Chevron and workers at its two LNG in Australia will be heard by the industrial relations tribunal on Sept. 22, potentially offering a resolution to strikes which began last Friday.
Chevron gambles on untested laws to halt Australia LNG strike action
Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone LNG facilities as unions prepare for full scale strikes.
Strikes start at major Chevron Australia LNG projects, no talks planned
Workers at Chevron's LNG projects in Australia went on strike after talks broke down, potentially disrupting output from facilities that account for over 5% of global supply.
Asian spot LNG prices slip on tepid demand, Australia strike offers no support
Asian spot LNG prices inched down this week on tepid demand, even as supply concerns deepened after workers at Chevron's Australia LNG projects went on strike.
LNG suppliers pin hopes on China for long-term demand
Suppliers of LNG are betting on China to drive demand for the super-chilled fuel over the longer term despite last year's slowdown, as the country locks in multi-year supply deals.
JERA sees muted impact on LNG prices from potential strike in Australia
Japan's JERA, one of the world's biggest buyers of LNG, expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand.
Chevron LNG workers in Australia to further delay planned strikes
Workers at Chevron's liquefied natural gas facilities in Australia have agreed to further delay a planned strike to later on Friday.
Chevron, unions in final talks before planned Australia LNG strikes
Chevron and a union alliance are holding a final round of talks before planned strike actions at two major LNG facilities in Australia as ongoing disputes over pay and conditions remained unresolved.
India seeks more natural gas amid emergency measures to end blackouts
India is seeking additional volumes of natural gas and has asked utilities to expedite completion of power plant maintenance, as part of emergency steps to stop electricity outages.
Asian buyers to mop up LNG supply surge in next 5 years
Asian buyers will quickly absorb a surge in supplies of LNG coming to market over the next five years.
Exxon eyes China LNG downstream opportunities
Energy major ExxonMobil sees China as a strong long-term growth market for LNG despite a recent slowdown in demand there and is looking at potential downstream opportunities in the country.
Japan's Inpex interested in buying U.S. LNG linked to Henry Hub prices
Inpex, Japan's top oil and gas producer, is interested in buying LNG from the United States linked to the Henry Hub prices.
Venture Global and Baker Hughes announce expanded master equipment supply agreement
Venture Global LNG announced its long-term expansion plan to increase production from 70 mtpa to more than 100 mtpa of nameplate LNG export capacity.
Asian LNG buyers face volatile market until 2026
Asian LNG buyers are navigating a near-term market that is so finely balanced that any supply disruptions or demand upsides could cause significant price volatility.
Ministers, CEOs and global business leaders commit to unified industry action towards net zero on opening day of Gastech 2023
Gastech 2023, the world’s largest meeting place for natural gas, LNG, hydrogen, low-carbon solutions, and climate technologies, opened today welcoming record-breaking numbers to Singapore EXPO.
Thailand regasification capacity to nearly double by 2030
Thailand's annual gas regasification capacity will nearly double by the end of the decade as LNG imports are set to rise to replace declining domestic production.
Chevron Australia labor row escalates with two-week walkout plan
Workers at Chevron's Gorgon and Wheatstone LNG projects in Australia plan a total strike for two weeks from Sept. 14, a union alliance said on Tuesday, in a significant escalation on disputes over pay and conditions.
Technip Energies launches SnapLNG by T.EN, a solution for low-carbon and accelerated time to market LNG production
Technip Energies presents SnapLNG by T.EN, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production and accelerated time to market with unparalleled certainty and plant reliability.
Talks to avert strike called as Chevron Australia LNG workers reject deal
Planned work stoppages next week at two of Australia's largest LNG facilities are scheduled to go ahead unless mediation can produce a deal after workers at Chevron rejected the company's offer on pay and conditions.
LNG prices may spike in winter as risks remain, Tokyo Gas exec says
Prices of LNG could spike this winter even with high storage levels in Europe, a Tokyo Gas executive said, as many political and market uncertainties remain.
Asian spot LNG prices flat amid more certainty over Australia strike action
Asian spot LNG prices held steady this week as more certainty over potential strike action at LNG facilities in Australia kept buyers on the sidelines from seeking replacement cargoes.
Gazprom accounts for more than half of increase in China's gas imports
Alexei Miller, the chief executive of Russian gas giant Gazprom, said that the company accounts for more than half the increase in China's gas imports this year, without providing figures.
Three countries began importing LNG this year, and more will follow
Global LNG import capacity is set to expand by 16%, or 23 Bcf/d, by the end of 2024 compared with 2022.
Sempra Infrastructure to develop carbon-neutral gas production and LNG supply chain
Sempra Infrastructure, a subsidiary of Sempra, announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company., Ltd. and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.
Chevron's Australia LNG ops could face daily 10-hr stoppages as union fight escalates
Chevron's two major LNG production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labor action in a dispute over pay and conditions.
Japan's Eneos, Osaka Gas study building large e-methane facility in Osaka
Japan's top refiner Eneos and city gas supplier Osaka Gas said they have begun a joint study of construction of an e-methane facility with capacity to produce 60 million cubic meters of the fuel per year.
India cuts prices of cooking gas as inflation bites
India cut the price of cooking gas for households on Tuesday by about 18% to rein in inflation ahead of crucial state and general elections.
Chevron LNG workers in Australia allow union to call for strike
Supplies from Chevron's LNG facilities in major exporter Australia could be disrupted after the last batch of its workers voted to authorize their unions to take industrial action if necessary.
bp urges more gas and oil investment while speeding energy transition
Global oil major bp said the world must invest in the production of gas and oil to avoid sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.
Asia LNG loses some strike froth, but fundamentals are supportive
Spot prices of LNG retreated in Asia as the threat of imminent strike action at three Australian plants eased, but solid fundamentals are keeping prices elevated for future deliveries.
- 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
