storage
Japan's Mitsubishi may consider investing in $44-B Alaska LNG project, CEO says
Japanese trading house Mitsubishi Corp may consider investing in Alaska's $44-B LNG project, though any decision will require careful review, including factors such as the 1,300 km distance to the West coast, the need to build liquefaction facilities, and future LNG demand in Southeast Asia and other regions.
NeuVentus announces receipt of storage permits at its Texas Reliability Underground (TRU) hub salt cavern storage project
NeuVentus announced the receipt of a final order from the Railroad Commission of Texas granting a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases and liquids (including natural gas, hydrogen and natural gas liquids).
Argentina starts gas exports to Brazil through Bolivia
Argentina has for the first time exported gas from its Vaca Muerta shale formation to Brazil using a set of Bolivian pipelines, in a deal between TotalEnergies, Bolivia's YPFB and Matrix Energia, the Brazilian company said.
Japan's Tokyo Gas expands in U.S. shale gas with Chevron deal
TG Natural Resources LLC, co-owned by Tokyo Gas and Castleton Commodities International, has bought a 70% stake in east Texas gas assets from Chevron for $525 MM, as it expands its U.S. gas business.
Gas giants say Australia opposition’s plan to reserve supplies could worsen shortfall
Global gas giants said an election campaign proposal by Australia's opposition coalition that would force producers to direct more export gas into the domestic market would deter investment without tackling looming shortages.
Europe could need an extra $11 B of gas to refill winter stores
Europe may need up to an extra 250 cargoes of LNG this year, costing at least $11 B to refill its depleted gas stores
U.S. LNG exports soar in March on ramp up of Plaquemines LNG plant
The U.S. exported a record amount of LNG in March, selling more than 9 MMt of the superchilled gas
U.S. regulators issue preliminary environmental support for Rio Grande LNG
The Federal Energy Regulatory Commission issued a preliminary decision supporting environmental approval for NextDecade's Rio Grande LNG project in southern Texas.
Bureau Veritas grants AiP to MARIC for 155,000-m³ ultra-large ethane carrier
Bureau Veritas Marine & Offshore has awarded Approval in Principle to the Marine Design and Research Institute of China (MARIC) for its new 155,000-m³ ultra-large ethane carrier design.
U.S. natgas prices steady as record LNG flows offset record output
U.S. natural gas futures held steady on Friday as record flows to liquefied natural gas (LNG) export plants offset a decline in daily output and forecasts for lower demand than previously expected this week and next.
TotalEnergies and partners launch the 2nd phase of Northern Lights CCS project
TotalEnergies and its partners, Equinor and Shell, announced the Final Investment Decision (FID) of the second phase of the Northern Lights development, which will increase the project transport and storage capacity from 1.5 MMtpy to more than 5 MMtpy of CO2 from 2028.
The U.S. remained the world’s largest LNG exporter in 2024
The U.S. exported 11.9 Bft3d of LNG in 2024, remaining the world’s largest LNG exporter.
Germany proposes annual fee to kick-start hydrogen pipeline network
Germany's network regulator proposed a fixed annual fee of 25 euros ($27) per kilowatt-hour per hour to use the country's planned core hydrogen network, as it aims to ramp up and finance infrastructure for a key energy transition fuel.
Nuclear growth helps South Korea cut back on coal and LNG imports
Record nuclear power production is helping South Korea to cut imports of thermal coal and LNG to multi-year lows so far in 2025.
Germany's conservatives, SPD set to scrap gas storage levy
Germany's conservative CDU/CSU and Social Democrats (SPD) have agreed to abolish a gas storage levy for all consumers in a bid to lower energy prices.
EU members seek flexibility on 90% gas storage filling rule
European Union countries are discussing a proposal that would allow them to deviate from the bloc's target to fill natural gas storage to 90% before winter, if market conditions make this prohibitively expensive.
Golar LNG signs finance lease agreements for FLNG Gimi
Golar LNG Limited announced that it has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of the existing FLNG Gimi debt facility. The sale leaseback facility will be approximately $1.2 B.
U.S. natgas prices edge up 1% on record flows to LNG export plants
U.S. natural gas futures edged up about 1% on Friday on record flows to liquefied natural gas (LNG) export plants.
Column: How Ukraine's gas infrastructure could be of interest to Trump
The U.S. administration suggested this week the United States could help run and possibly own Ukraine's power plants and energy infrastructure as part of a ceasefire deal with Russia.
Pace CCS, Foxconn, TEWE to solve critical CCS challenge
Pace CCS, a global leader in CCS design, has announced a landmark collaboration with Foxconn, the world-renowned technology manufacturer, and TEWE [Taiwan East West Enterprises (CHEMA) Ltd.], a nearly century-old sales and service provider to Taiwan’s industrial sector. Together, the three industry leaders are developing a first-of-its-kind chemical injection unit designed to address the most pressing challenge in CCS: the removal of key impurities from carbon dioxide (CO2) streams that can cause corrosion in CCS networks.
Brazil's government wants lower prices for natural gas pipeline and processing
Brazil could cut prices for firms to access gas pipelines and natural gas processing units, in a bid to lower consumer prices, Brazil's Minister of Mines and Energy said
ExxonMobil Australia, Woodside approve FID for $221-MM gas project
ExxonMobil's Australian unit said that its Gippsland Basin JV with Woodside Energy has approved its final investment decision to develop the Turrum Phase 3 project, targeting underdeveloped gas resources and possibly providing additional resources for the domestic market
Brazil's Petrobras in talks with U.S. LNG suppliers for long-term deal
Brazil's state-run oil firm Petrobras is in talks with U.S. LNG suppliers for a long-term import deal. Brazil is Latin America's largest oil producer, but consumes more gas than it produces and relies on imports to fill the gap.
Alaskan officials to seek investors in Japan as Trump touts U.S. LNG
The project aims to transport natural gas south from Alaska's remote north via a $44-B 1,300-km pipeline, to be shipped as LNG to Japan, South Korea and Taiwan. Exports could begin by 2030 from a project that could deliver about 3.5 Bft3/d.
CTCI Corp., IHI awarded EPC contract to build LNG cryo tanks for CPC Corp. in Taiwan
CTCI Corporation has jointly won a NT$26.6-B (> $800 MM) EPC bid with Japan’s IHI Plant Services Corporation to build LNG cryogenic tanks for CPC Corp., Taiwan’s state-owned petroleum company, at CPC Kaohsiung Intercontinental LNG Terminal.
EU countries draft plan to soften gas storage targets, document shows
European Union countries are discussing making the bloc's binding gas storage goals more flexible, over concerns that the rules risk inflating gas prices.
Egypt to lease German gas liquefaction unit to bolster production
Egypt, which has struggled with declining domestic gas production, plans to lease a German floating gas liquefaction unit, the Egyptian petroleum ministry said.
Woodside investment decision on Louisiana LNG may slip into Q2
Australia's Woodside LNG may push a final investment decision on its Louisiana LNG plant into the second quarter of 2025 as talks to sell half of the project drag on
North Ammonia, Höegh Evi to explore a clean ammonia supply chain from Norway to Europe
North Ammonia, a developer of renewable fuels of non-biological origin (RFNBO) ammonia facilities in Norway, and Höegh Evi, a global leader in marine energy infrastructure, have signed an agreement to explore a value chain for supplying hydrogen to European industrial users using green ammonia produced in Norway.
India's IOC seeks LNG cargoes for 2025-2029 delivery
State-run Indian Oil Corp (IOC) has issued a tender seeking liquefied natural gas (LNG) cargoes for delivery through to 2029, two industry sources said on Friday.
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- India's BPCL signs LPG supply deal with Norway's Equinor
