U.S.
Venture Global launches first vessel from state-of-the-art LNG fleet
Venture Global announced the successful launch of its first LNG vessel, the Venture Gator at a ceremony which took place at the Samsung Heavy Industries shipyard in Geoji-si, South Korea.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
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.
Argent LNG signs lease for 20-MMtpy Port Fouchon LNG export terminal
Argent LNG announced the signing of a long-term lease agreement with the Greater Lafourche Port Commission, securing 144 acres of prime land at Port Fourchon, Louisiana (U.S.) for its 20-MMtpy LNG export terminal.
Rising U.S. labor costs threaten to derail new LNG projects
A shortage of skilled labor and nagging inflation from strong wage growth on the U.S. Gulf Coast are pressuring liquefied natural gas (LNG) developers and delaying some projects from reaching a financial go-ahead.
Summit Carbon Solutions granted approval by IUB for CO2 pipeline project
Summit Carbon Solutions is partnering with 57 ethanol plants in the U.S. to capture carbon dioxide from the fermentation process of biorefineries, such as ethanol plants, compress the captured CO2 and channel it to North Dakota where it will be permanently and safely stored underground in deep geologic storage locations.
Former CEO of Indonesia's Pertamina jailed over Cheniere LNG contract
A former chief executive of Indonesia's state energy firm Pertamina has been sentenced to nine years in jail for graft in a case related to a long-term contract to procure liquefied natural gas (LNG) from a unit of U.S. company Cheniere Energy.
U.S. natgas prices slide 2% on rising output, lower demand forecasts
U.S. natural gas futures slid about 2% on Tuesday on a slow increase in output and forecasts for less demand over the next two weeks than previously expected, even as a brutal heat wave blankets much of the country.
Air Liquide selected to invest up to $850 MM in largest low-carbon oxygen production in the Americas
Air Liquide plans to invest up to $850 MM to build, own and operate four large modular air separation units as well as related infrastructure in the framework of a long-term binding agreement with ExxonMobil for its planned low-carbon hydrogen (H2) project in Baytown, Texas.
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
U.S. power system cranks up gas output as cooling season kicks off
Natural gas-fired power generation in the U.S. has climbed nearly 6% through June 17 from the same period a year ago, as above-normal temperatures lifted use of power-hungry air conditioners.
Electrolyzer projects rise but hydrogen demand remains a concern
Global development of hydrogen electrolyzers rose 4% in the last six months to 1.2 TW as some 55.2 GW of new projects were added.
QatarEnergy, Exxon seek to remove contractor from Texas gas project
Golden Pass LNG, a JV between QatarEnergy and ExxonMobil, is asking a court to immediately oust Zachry Industrial from the $10-B LNG project, a court filing showed.
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.
U.S. natgas prices slide 2% on rising output despite summer heat
U.S. natural gas futures slid about 2% on Thursday as producers slowly increase output as power generators burn more gas to meet rising air conditioning use.
Global Projects Data
This article provides a summary of active gas processing and LNG projects around the world, including total project numbers, and market share by region and activity level.
ONEOK acquires Gulf Coast NGL pipeline system from Easton Energy
ONEOK Inc. has completed its acquisition of a system of natural gas liquids (NGL) pipelines from Easton Energy for approximately $280 MM.
Insight hub: Pipeline data assessment and analysis
This article examines how an operator's pipeline data can be used to add efficiencies to operations.
ProSep awarded AIM and deliquidizer contracts for U.S. clients
ProSep has announced the receipt of two contract awards totaling nearly $2 MM.
U.S. natural gas pipeline Mountain Valley prepares for startup
U.S. natural gas pipeline venture Mountain Valley Pipeline is preparing the $7.85-B pipe from West Virginia to Virginia to operate, after receiving approval from a U.S. energy regulator.
Clean Energy expands Boron LNG facility in California (U.S.) by 50%
Clean Energy Fuels Corp. announced that construction of a third production train at its LNG plant in Boron, California, has been completed, increasing the plant’s volume capacity by 50%.
Phillips 66 to sell 25% stake in Rockies Pipeline for $1.28 B
U.S. oil refiner Phillips 66 said on Friday it would sell its 25% stake in the Rockies Express Pipeline (REX) for about $1.28 B, including debt, to a subsidiary of Tallgrass Energy.
NextDecade, Saudi Aramco sign 20-yr LNG supply deal
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco to supply 1.2 metric MMtpy of LNG for 20 yr.
Ukraine agrees on first U.S. LNG supply deal with Venture Global
Ukraine has signed its first liquefied natural gas (LNG) deal with a U.S. company to help to avert an energy supply crunch amid a war with its bigger neighbor Russia.
U.S. South Coast AQMD approves rule to accelerate the transition to zero-emissions for building water heaters
The South Coast Air Quality Management District (South Coast AQMD) Governing Board has approved updates to a rule (Rule 1146.2) that will require new and existing buildings to transition to zero-emissions residential and commercial building water heaters.
Update: U.S. natgas prices climbed about 3% to a 21-week high on lower output, higher demand
U.S. natural gas futures climbed by about 3% to a 21-week high on Friday on recent declines in daily output and forecasts that power generators will burn a lot more gas in late June to meet rising electric use as homes and businesses crank up their air conditioners to escape an expected heat wave.
Williams seeks to put more of US natural gas project into service
U.S. energy company Williams WMB.N sought permission from a federal energy regulator on Friday to put more of the Regional Energy Access natural gas project already under construction into service by July 1.
CPGC and BASF sign framework agreement on carbon capture technology onboard LNG carriers
CSSC Power (Group) Corp. Ltd. (CPGC) will install its advanced Onboard Carbon Capture System (OCCS) on multiple LNG carriers and utilize BASF’s OASE® blue technology.
Freeport LNG sues three contractors over defects at Texas plant
U.S. LNG exporter Freeport LNG filed a lawsuit in April against three contractors, alleging that installation defects in electric motors at its $14-B Texas export plant caused prolonged outages and costly repairs.
Venice Energy's search for LNG development partners receives strong interest
The future of a proposed LNG import terminal project in South Australia has become clearer following strong interest from several international energy development companies with ties to both the U.S. and Asia.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vaisala seeks to remove greenwashing from carbon capture with new measurement solution
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
