U.S.
U.S. LNG export dominance tested as Europe's demand wilts
The United States has remained the largest exporter of liquefied natural gas (LNG) so far in 2024, but a steep drop in selling prices and a sharp swing in export volumes to key markets is likely testing exporter appetite to stay on top.
Phillips 66 sheds non-core natgas assets in Texas
U.S. oil refiner Phillips 66 has sold its natural gas gathering and processing assets in East Texas to Voyager Midstream Holdings, a portfolio firm of Pearl Energy Investments.
ADNOC and ExxonMobil to partner in world’s largest low-carbon hydrogen facility
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the signing of an agreement in which ADNOC will acquire a 35% equity stake in ExxonMobil Corporation’s proposed low-carbon hydrogen (H2) and ammonia production facility in Baytown, Texas.
New Fortress Energy receives non-FTA approval for its Mexico FLNG project
New Fortress Energy Inc. announced that it has received authorization from the United States Department of Energy to export up to ~1.4 MMtpy of LNG to non-Free Trade Agreement countries from its Fast LNG 1 (FLNG 1) asset located offshore Altamira, Mexico for a term of five years.
North American LNG capacity to more than double by 2028
North America’s LNG export capacity is on track to more than double between 2024 and 2028, from 11.4 billion cubic feet per day (Bcfd) in 2023 to 24.4 Bcfd in 2028, if projects currently under construction begin operations as planned.
Texas (U.S.) narrows gas plant projects vying for $5.4 B in funding
The Public Utility Commission (PUC) of Texas has selected 17 projects, seeking $5.38 B in government funding, to advance in a new program aimed at spurring the development of gas-fired power plants.
Asia spot LNG prices rise on supply concerns, geopolitical tensions
Asian spot liquefied natural gas (LNG) prices rose this week as outages in LNG facilities in Australia and Malaysia sparked supply concerns, although buying interests from China remained limited due to higher price levels.
Golden Pass LNG asks U.S. regulator for 3-yr extension to complete construction
The developer of a Texas liquefied natural gas export project on Wednesday asked U.S. regulators for a three-year extension to complete construction of the $10-B Golden Pass LNG project, citing scheduling uncertainties. Golden Pass LNG, a joint venture of QatarEnergy and ExxonMobil building an 18-MMtpy LNG export project on the Texas coast, wrote that a change in primary contractors requires an extension until November 2029.
Venture Global seeks OK to unload first LNG commissioning cargo at Louisiana plant
U.S. liquefied natural gas (LNG) company Venture Global LNG sought authorization on Thursday from U.S. energy regulators by Aug. 30 to unload the first LNG commissioning cargo at the Plaquemines export plant under construction in Louisiana.
Russia presses ahead with Arctic LNG 2
Russia's largest liquefied natural gas (LNG) producer Novatek appears to be preparing a floating storage unit (FSU) to receive gas as part of its Arctic LNG 2 project, in defiance of sanctions.
Chart Industries and Element Resources partner on hydrogen eco-system deployment
Chart Industries Inc., a leading global solutions provider to clean energy and industrial gas markets, is partnering with Element Resources Inc., a leader in green hydrogen (H2) production, to advance the utilization and adoption of H2 and other clean fuels using an ‘eco-system’ approach.
ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
ONEOK announced that it has executed a definitive agreement with Global Infrastructure Partners under which ONEOK will acquire interest in EnLink Midstream and Medallion Midstream for nearly $6 B.
Asia spot LNG prices ease from 8-month top on weaker demand
Asian spot liquefied natural gas (LNG) prices eased this week from a more than 8-mos top on the back of easing spot demand and as European gas prices also fell.
Tanker docks at Louisiana Plaquemines LNG plant for cooldown
A tanker full of liquefied natural gas (LNG) docked at Venture Global LNG's Plaquemines export plant in Louisiana (U.S.), in what energy analysts said was a sign the plant could start up in test mode soon.
U.S. natgas prices drop 6% to 2-week low on big storage build, less heat
U.S. natural gas futures dropped by about 6% to a two-week low on Thursday on a bigger-than-expected weekly storage build and forecasts for less hot weather over the next two weeks than previously expected.
Enterprise to acquire Piñon Midstream for $950 MM
Enterprise Products Partners L.P. and Piñon Midstream announced that Enterprise’s affiliate has entered into a definitive agreement to acquire Piñon Midstream in a debt-free transaction for $950 MM in cash consideration.
U.S. DOE invests $8.8 MM to improve hydrogen turbine performance
The U.S. Department of Energy’s (DOE’s) Office of Fossil Energy and Carbon Management (FECM) has announced $8.8 MM for 11 university-based research and development projects to improve the performance of hydrogen (H2)-fueled turbines.
Florida cranking fossil fuel use, natural gas provides 72% of state’s power
The United States' third most populous state has the country's dirtiest major power system, and looks set to become a stand-out by remaining highly dependent on fossil fuels even as the rest of the nation transitions power systems towards cleaner energy.
NextDecade withdraws carbon capture and storage application at FERC
NextDecade Corporation announced that its subsidiary Rio Grande LNG, LLC withdrew its application at the Federal Energy Regulatory Commission (FERC) for the proposed carbon capture and storage (CCS) project at the Rio Grande LNG facility and requested that the FERC terminate the CCS proceeding.
One killed in offshore natural gas pipeline explosion in Louisiana (U.S.)
An offshore natural gas pipeline explosion near Venice, Louisiana (U.S.), in Plaquemines Parish killed one person on Saturday.
Process technology: SICK and Endress+Hauser sign strategic partnership
German sensor company SICK and the Swiss measurement and automation technology specialist Endress+Hauser have agreed on a strategic partnership. Endress+Hauser will take over worldwide sales and service of SICK’s process analyzers and gas flowmeters, with a JV to be established for their production and further development.
U.S. appeals court scraps natural gas pipeline safety standards
A U.S. appeals court has tossed out several natural gas pipeline safety standards adopted by President Joe Biden's administration following industry criticism about the massive costs on pipeline operators.
Brazos Midstream achieves significant milestones in buildout of Midland Basin gas gathering and processing system
Brazos Midstream has completed several significant milestone projects consisting of major new-build pipelines and processing facilities located in the core of the Midland Basin, one of the most active oil and gas producing regions in the United States.
bp tells regulators Venture Global does not need more time to start production
Oil and gas producer bp told federal regulators on Wednesday that it has reviewed confidential commissioning documents and does not believe Venture Global LNG needs more time to begin commercial production.
NextDecade to appeal court's overturning of Rio Grande LNG project authorization
U.S. liquefied natural gas (LNG) developer NextDecade will appeal a court ruling that overturned federal approval for its $18-B Rio Grande LNG project and warned loss of its permits could prevent access to its loans.
Hexagon Agility receives order for RNG fuel systems from major NA refuse fleet
Hexagon Agility, a subsidiary of Hexagon Composites, has received orders for renewable natural gas (RNG) fuel systems from a major refuse fleet in North America.
LS Power launches Lightning Power, a leading U.S. independent power producer
LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, has formed Lightning Power, a leading independent power producer (IPP).
LaBella Associates acquires Process Pipeline Services, enhancing natural gas capabilities
LaBella Associates, an international architecture, engineering, environmental and planning firm, has acquired Process Pipeline Services Inc. (PPS), a provider of engineering, design and consultation services focused on the natural gas industry.
U.S. natgas hits near 3-week high on output drop, hotter weather forecasts
U.S. natural gas futures rose more than 1% to a near three-week high on Monday, supported by a drop in output in recent days and forecasts for hotter weather that should boost the amount of gas power generators burn to keep air conditioners humming.
Woodside's bid for LNG developer Tellurian unlikely to be rivaled
Woodside Energy, which agreed last month to buy Tellurian, the developer of a fully-permitted U.S. liquefied natural gas (LNG) project, for $1.2 B including debt is unlikely to face a rival bid.
- 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
