Europe
Equinor to expand LNG trading, eyes deals in Europe, Asia, senior exec says
Norwegian energy group Equinor plans to expand its LNG trading business and is in talks with a number of potential buyers in Europe and Southeast Asia.
Steep discounts, new vessels spur demand for LNG to power ships
Demand for LNG to power ships will rise this year on attractive prices, while more dual-fuel vessels join the global fleet, industry executives said.
Russia does not rule out LNG exports stagnating in next 4 years
Russia's LNG exports could stagnate in the next four years under the two less-rosy of three Economy Ministry scenarios - a sign that Western sanctions might be cramping Moscow's energy plans.
Spain's gas use falls again despite recovery in industrial demand
Spain's gas demand fell 4% in the first quarter of the year as a drop in use to produce electricity and keep homes warm during a mild winter offset a higher industry requirement.
Russia's Gazprom ships first LNG cargo this year from Portovaya to Asia around Africa
Russia's Gazprom is shipping its first cargo of LNG to Asia this year from its Portovaya plant on the Baltic Sea, travelling around the southern tip of Africa in order to avoid the Red Sea.
Technip Energies OQ’s Marsa LNG project in Oman
Technip Energies has been awarded a substantial contract by TotalEnergies and OQ for the Marsa LNG bunkering project located in Sohar, Oman.
TotalEnergies launches the Marsa LNG project and deploys it's multi-energy strategy in the Sultanate of Oman
During a visit in Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies met with His Majesty Sultan Haitham bin Tariq Al Saidand His Excellency Eng. Salim bin Nasser Al Aufi, Minister of Energy & Minerals, to reaffirm the long-term partnership between TotalEnergies and the Sultanate of Oman.
TotalEnergies signs an agreement to acquire the remaining 50% of SapuraOMV
TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd to acquire its 50% interest in Malaysian independent gas producer and SapuraOMV for a consideration of $530 MM, subject to closing adjustments.
Russia's Q1 LPG exports to China by rail up 51%, calculations show
Russia's exports of LPG to China by rail, the main supply route, rose 51% in the first quarter from a year earlier to 72,300 metric tons.
Asia spot LNG at fresh three-month high on supply concerns
Asian spot LNG prices rose this week to a new three-month high due to supply concerns amid tensions in the Middle East and a drop in feedgas deliveries to two LNG terminals in the U.S.
EU expected to sue Germany over gas tariff
The European Commission is expected to sue Germany for charging its neighbors an extra fee for buying gas from its storage, seen as flouting the EU's single market rules.
Balticconnector gas pipeline will be in commercial use again, Gasgrid says
The damaged Balticconnector gas pipeline between Finland and Estonia will be in commercial use again on April 2024, Finnish gas system operator Gasgrid executive Janne Gronlund told an industry conference.
Global Projects Data
A quick look at total project numbers by region.
Engie buys two Dutch biogas sites, hunts for more
French energy company Engie has acquired two biomethane production sites in the Netherlands it hopes to expand, in line with plans to produce 10 terawatt hours of the gas and sell 30 TWh annually in Europe by 2030.
VNG plans investments in green gases, turned to profits in 2023
VNG, an east German gas subsidiary of power utility EnBW, said it will invest up to $5.31 B by 2035, mostly in green gases.
Norway's Nyhamna gas plant ramps up output after Sleipner repair
Norway's Nyhamna gas processing plant gradually ramped up exports following successful repairs of a faulty valve on the North Sea gas transportation hub Sleipner Riser.
Trafigura to commercially deploy Daphne technology's PureMetrics on LNG carrier
Daphne Technology reached a significant milestone as Trafigura, a global commodities industry leader, selected them for the first commercial deployment of PureMetrics, slated for the summer of 2024.
Russia's Gazprom ships second LNG cargo from Portovaya to Spain
Russia's Gazprom shipped a second cargo of LNG from its small-scale Portovaya LNG plant on the Baltic Sea to Spain.
Uzbekistan aims to achieve a chemical hub status with the help of Chinese polymer tech
Uzbekistan is embarking on a significant economic transformation with the help of Chinese technology, aiming to capitalize on its natural gas reserves by producing value-added products rather than solely relying on energy consumption.
EU Parliament approves legal option to block Russian LNG imports
The European Parliament voted to pass rules allowing European governments to ban Russian LNG imports, by preventing Russian firms from booking gas infrastructure capacity.
Germany's Mukran LNG terminal receives operating permit
Germany's Baltic Sea import terminal for LNG at Mukran on Ruegen island has received its operating permit under federal and state laws.
OCP and Fortescue to partner to develop green energy, hydrogen and ammonia in Morocco
OCP Group and Fortescue Energy announced a landmark JV in Morocco which aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets.
Investments exceeding $1 T needed for hydrogen infrastructure
Emmanouil Kakaras, Executive Vice President at Mitsubishi Heavy Industries, emphasized the necessity for substantial investments in infrastructure to facilitate the widespread adoption of hydrogen fuel in Europe and the United States.
Hapag-Lloyd receives largest LBM bunkering from STX Group and Titan Clean Fuels
STX Group and Titan Clean Fuels announced having successfully concluded a ship-to-ship bunkering of 2,200 metric tons of LBM to a Hapag-Lloyd container vessel in the port of Rotterdam.
bp in talks to sell some Trinidad upstream gas assets to Perenco
bp is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco.
Mabanaft announces successful acquisition of WESTFA Energy GmbH
Mabanaft announced that it has successfully completed the strategic acquisition of WESTFA Energy GmbH, including all its subsidiaries and shareholdings, following the earlier announcement of signing an agreement in December 2023 to purchase the business from Adeleon Familienholding GmbH, formerly WESTFA Holding GmbH.
German coalition agrees financing details of hydrogen network
Germany's ruling coalition agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.
ACME Group and Hydrogenious LOHC Technologies to jointly explore hydrogen value chains from Oman to Europe
ACME Group and Hydrogenious LOHC Technologies, have signed a Memorandum of Understanding to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology.
Shell sees significantly lower Q1 LNG trading results
Shell said it expects significantly lower results from its LNG trading business in the first quarter of 2024 compared with the previous three months.
Shell, Aramco in final stage of Pavilion Energy talks
Shell and Saudi Aramco, which are competing to buy the assets of Temasek-owned LNG trading firm Pavilion Energy, are now locked in price negotiations after completing the due diligence process,.
- Credit Agricole says it will not fund two major LNG projects
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
