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German government signs off on hydrogen import strategy

Germany's government adopted a strategy for the import of hydrogen to help secure sustainable energy supply as it embarks on creating fossil fuel alternatives for large parts of its industry.

Golden Pass LNG construction could return to normal after settlement

Work to complete the QatarEnergy and ExxonMobil $11-B LNG project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development.

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)

7/22/2024

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Freeport LNG in Texas to restart one train this week after Hurricane Beryl

Freeport LNG plans to restart one of three LNG trains this week at its Texas facility after the company repairs some damage from Hurricane Beryl. The plant, in Freeport, Texas, south of Houston, halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.

DuPont to drive PPE innovation, sustainability with stronger customer collaborations

DuPont says it will strengthen collaborations with existing and new customers to propel innovation and sustainability in personal protective equipment (PPE).

Aramco’s strategic gas expansion progresses with $25 B in contract awards

Aramco has awarded contracts worth more than $25 B to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030.

FERC approves Venture Global's 20-MMtpy CP2 LNG project in Louisiana (U.S.)

The U.S. Federal Energy Regulatory Commission approved Venture Global's CP2 LNG export terminal project in Cameron Parish, Louisiana (U.S.).

Baker Hughes awarded multi-year contract by Woodside Energy to support Australian LNG operations

Baker Hughes announced it has entered into a new 10-yr services frame agreement with Woodside Energy to support its LNG operations in Australia.

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.

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.

China's Wison New Energies to quit Russian projects in blow to Arctic LNG 2

Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects, and will immediately and indefinitely stop taking any new Russian business.

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

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.

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%.

Golden Pass LNG construction turmoil to delay Texas plant's startup

The startup of Golden Pass LNG, the QatarEnergy and ExxonMobil $11-B JV LNG project in Texas, has been delayed by at least six months due to construction turmoil, according to analysts.

Fulkrum awarded a frame agreement to support Woodside’s US New Energy projects

Leading provider of inspection, expediting, auditing and technical staffing services, Fulkrum, has been awarded a frame agreement for the provision of third-party inspection services to Woodside's New Energy projects in the U.S., including its proposed liquid hydrogen project, H2OK, located in Ardmore, Oklahoma.

Bangladesh's Summit LNG to send damaged FSRU to Singapore or Middle East for repairs

Bangladesh's Summit LNG said its floating storage and regasification unit (FSRU) was ready to discharge the liquefied natural gas (LNG) it had onboard before proceeding to Singapore or the Middle East for necessary repairs.

Egyptian fertilizer plants shut down temporarily due to gas supply pressures

Gas supplies will gradually resume flowing as of Thursday to fertilizer factories in Egypt after several chemical and fertilizer companies shut down plants on a temporary basis.

Air Liquide to invest over $250 MM in new high-purity industrial gas plant

The new $250-MM plant will supply ultra-pure nitrogen and other gases to Micron Technology, Inc. and other customers in the area.

GTA LNG project reaches significant milestone with arrival of FPSO vessel

The FPSO vessel has arrived safely at the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, located offshore Mauritania and Senegal

Aethon Energy to acquire Tellurian's integrated upstream assets

Tellurian Inc. and Aethon Energy Management announced an agreement for Aethon to acquire Tellurian’s integrated upstream assets for $260 MM, alongside a Heads of Agreement for Aethon to purchase 2 MMtpy of LNG from Tellurian’s Driftwood LNG plant.

Norway outage pushes European gas prices to highest this year

Norway's gas exports to Europe fell sharply on Monday as a shutdown of the offshore Sleipner hub halted operations at the Nyhamna onshore processing plant, pipeline operator Gassco said, lifting European prices to their highest level this year.

OPW separates into two business units: Clean Energy Solutions and Propane Energy Solutions

OPW announced that its OPW Clean Energy Solutions business unit will be divided into two distinct business units: the existing Clean Energy Solutions and the new Propane Energy Solutions.

Goldman Sachs: Global LNG market to grow by 50% by 2029

Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.

Woodside gets $1 B in funding for Scarborough LNG project

Woodside will receive $1 B in funding for its flagship Scarborough LNG project from state-owned Japan Bank for International Cooperation.

Southeast Asia's $220-B gas expansion plans to boost power/LNG capacity

Southeast Asia has more than $220 B in projects that could raise Southeast Asia's gas-fired power capacity by more than 100 GW, doubling the current level, and raise LNG imports into the region by 80%.

India's Adani Total considering building more plants in India for LNG import

Adani Total Pvt Ltd, a joint venture between India's Adani Group and France's TotalEnergies, is considering building more plants in India to import LNG to meet the growing demand for the cleaner fuel.

ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B

ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.

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