Regions

LNG entities under U.S. sanctions to curb Russia's Arctic LNG 2 project

The U.S. has imposed sanctions on hundreds of entities and individuals for supporting Russia's war effort in Ukraine, including companies supporting the development of Russia's Arctic LNG 2 project and its shipment of LNG, as well as other future energy projects.

Azerbijani President confident on Russian deal that will keep gas flowing to several European countries

Azerbaijani President Ilham Aliyev said he was optimistic of a breakthrough in talks between Moscow and Kyiv to keep Russian gas flowing through Ukraine to several European countries.

Poland's Orlen signs Lithuania deal to boost LNG deliveries

Polish refiner Orlen signed a five-year agreement with Lithuanian oil and gas logistics firm KN Energies for exclusive use of a waterfront LNG transshipment station in Klaipeda.

DNV awards HPWS AiPs for three innovative designs

DNV has awarded Huangpu Wenchong Shipbuilding Company (HPWS) three approval in principle (AiP) certificates for its innovative designs of three new ship types.

DNV awards Hudong Zhonghua AiP/GASA certificates for four innovative designs

DNV has awarded Hudong Zhonghua Shipbuilding Co. Ltd. with three Approval in Principle (AiP) certificates and a General Approval for Ship Application (GASA) certificate for the design of innovative vessels.

Texas Matterhorn natgas pipe moving some gas

The Matterhorn natural gas pipeline in Texas has moved small amounts of gas from the Permian basin in West Texas toward the Gulf Coast, executives at U.S. energy company Permian Resources said earlier this week.

Santos signs 500,000-tpy LNG supply contract with Glencore

Santos will supply 19 LNG cargoes, or up to approximately 500,000 tpy of LNG over a period of 3 yr plus one quarter to Glencore Singapore Pte Ltd.

Rohe Solutions begins bio-LNG production at the Hamina LNG terminal

Rohe Solutions started the production of Bio-LNG (liquefied biomethane) at the Hamina LNG terminal in Finland. Bio-LNG is produced using biomethane from the gas grid in a process called liquefaction from the grid.

Maire completes carbon capture plant for Eni's natural gas treatment in Italy

MAIRE, through its subsidiaries NEXTCHEM (Sustainable Technology Solutions) and KT (Integrated E&C Solutions), acted as technology integrator and completed the full engineering, procurement and construction works for a carbon plant at the ENI natural gas treatment plant of Casalborsetti, near Ravenna, Italy.

U.S. CCS stakeholders must overcome serious trust deficits to meet net-zero potential, new research shows

Worley, a global professional services company of energy, chemicals and resources experts, and researchers at Princeton University’s Andlinger Center for Energy and the Environment, have identified that a lack of trust between project stakeholders is slowing the pace of infrastructure delivery that is critical to net-zero.

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.

Eni, Snam launch Italy's first carbon capture project

Eni and Snam have launched Italy's first carbon capture, transport and storage (CCS) project to help heavy polluting industries cut carbon dioxide (CO2) emissions.

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.

LNG tankers line up at Malaysia's Bintulu complex after maintenance

A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.

Gasum to supply Hapag-Lloyd with waste-based bio-LNG in accordance with winning ZEMBA tender

Energy company Gasum is collaborating with Hapag-Lloyd to supply their container vessels with liquefied biomethane (bio-LNG) during a two-year tender period.

Putin arrives in Mongolia, key link in planned gas pipeline to China

The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.

Turkey's Botas buying 4 Bm3y of LNG from Shell in 10-year deal

Turkish state energy company Botas and British oil major Shell have signed a 10-year LNG agreement for a total of 40 LNG cargoes of approximately 4 Bm3 to be delivered annually for a period covering 10 years starting from 2027.

Russia's Jan–August LNG exports up 7%, jump by 32% in August

Russia's January–August exports of liquefied natural gas (LNG) increased by 7.3% from a year earlier to 20.7 metric MMt and jumped by almost a third in August compared to the previous month, mainly due to LNG from Yamal.

Egypt counts on foreign funds to buy gas as power crisis worsens

Saudi Arabia and Libya have financed the purchase of gas cargoes worth at least $200 MM to help Egypt ease its energy crisis this summer amid a steep decline in domestic gas output.

Russia's Gazprom says H1 net income more than tripled to $10.9 B

Kremlin-owned gas giant Gazprom said on Thursday its first-half net income more than tripled from a year earlier to more than 1 T roubles ($10.9 B), thanks to rising gas exports and cost controls.

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.