workforce
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.
Hess shareholders sign off on $53 B sale to Chevron
Hess shareholders approved the proposed $53 B merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival ExxonMobil's massive Guyana discoveries.
Aethon Energy to buy Tellurian upstream assets for $260 MM
Aethon Energy will acquire Tellurian's upstream assets for $260 MM and purchase 2 MMtpy of LNG from its Driftwood LNG plant, the companies said on Wednesday.
UK's National Grid seeks buyer for Europe's biggest LNG terminal
British energy infrastructure operator National Grid said it is looking to sell its Grain liquefied natural gas (LNG) terminal in Britain, Europe's largest such facility, in a bid to streamline operations.
Norway's Nyhamna gas plant evacuated due to fire
Norway's Nyhamna natural gas processing plant, which supplies Britain through a pipeline under the North Sea, was evacuated on Tuesday following a fire.
Equinor to invest more than $1.1 B to further develop gas infrastructure in the Troll West gas province
Equinor and the Troll partners have decided to invest just more than $1.1 B to further develop the gas infrastructure in the Troll West gas province.
Tecnimont, Baker Hughes awarded an EPC contract for Hassi R'mel (Algeria) gas gathering system upgrade
MAIRE announced that a consortium composed by its subsidiary Tecnimont Integrated E&C Solutions and Baker Hughes has been awarded by SONATRACH an EPC contract for the implementation of three gas boosting stations and the upgrading of the gathering system, located at the Hassi R’mel gas field, 550 km south of Algiers.
Firm building QatarEnergy-Exxon LNG plant in Texas (U.S.) files for bankruptcy
The lead contractor building a Texas LNG plant for QatarEnergy and ExxonMobil on Tuesday filed for Chapter 11 bankruptcy protection, citing challenges at the project.
Phillips 66 to buy Pinnacle Midland for $550 MM
Phillips 66 agreed to acquire Pinnacle Midland, a midstream company owned by private equity firm Energy Spectrum Capital, for $550 million in cash, expanding the U.S. refiner's natural gas gathering and processing footprint in the Midland Basin.
KECO unveils new gas analyzer for real-time, continuous oxygen analysis
KECO introduces the OXYHOUND, a highly-efficient process gas analyzer that conducts real-time and continuous oxygen analysis of natural gas, biogas and other gas streams.
China LNG import capacity to grow to 250 MMtpy by 2028
PetroChina expects China's LNG import capacity to grow to 250 MMtpy by 2027-28 from about 140 MMtpy now, an official said.
U.S. Republican lawmakers urge FERC to approve LNG applications
Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for LNG projects.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- 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
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
