LNG
News
March 26, 2025
The addition of the Nguya floating liquefied natural gas (FLNG) vessel is part of the second phase of the Eni-operated Congo LNG project and is expected to increase the project’s production capacity by 2.4 million tons per annum (MMtpa).
News
March 24, 2025
Iraq is in talks with several companies to secure two floating storage regasification units (FSRUs) by early June, as OPEC’s second-biggest producer tries to address power shortages caused by a U.S. move against Iran.
News
March 24, 2025
Shell will update its strategy on Tuesday, just a month after rival bp unveiled a fundamental “reset.” Analysts and investors will be looking for plans for growth at the company’s crucial liquefied natural gas business and reassurance on oil reserves.
News
March 19, 2025
An analysis previously done by the U.S. Department of Energy that concluded only minor impact from increased LNG exports has now come to light, likely increasing criticism that Biden’s export pause was politically motivated.
News
March 19, 2025
Vitol will acquire stakes in projects in Ivory Coast and the Republic of Congo for at least $1.65 billion, according to a statement on Wednesday. The deal deepens the company’s longstanding relationship with Eni in West Africa.
News
March 18, 2025
OLT Offshore LNG Toscana has announced that its floating regasification terminal "FSRU Toscana" will be in operation until the end of 2044, following a successful extension of the useful life of the Terminal in 2024.
News
March 17, 2025
Cheniere Energy reached substantial completion of Train 1 at the Corpus Christi Stage 3 Liquefaction Project (CCL Stage 3) on March 16, 2025. CCL Stage 3 consists of seven midscale trains, with an expected total production capacity of over 10 MMtpa of LNG.
News
March 17, 2025
Baker Hughes and NextDecade have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology to perform maintenance work for Trains 4 through 8 at the Rio Grande LNG Facility.
News
March 14, 2025
The African Energy Chamber commends the Trump administration for its continued support of the Mozambique LNG project, following the re-authorization of a crucial $4.7 billion loan by the U.S. Export-Import Bank.
News
March 14, 2025
(WO) - In a Leadership Dialogue with Federal Energy Regulatory Commission (FERC) Chairman Mark Christie during CERAWeek 2025 by S&P Global, LNG was not only a staple of discussion but, in his view, a staple for present and future energy generation.
News
March 11, 2025
(WO) – The Gas Exporting Countries Forum (GECF) has released the 9th edition of its Global Gas Outlook 2050, offering an in-depth analysis of the future of natural gas. This latest edition explores key trends and developments in the natural gas market.
News
March 07, 2025
ADNOC is seeking to buy its first natural gas producing fields in the U.S. to deepen its presence in the country, according to people familiar with the matter. CEO Sultan Al Jaber is set to outline the investment strategy, including a U.S. focus, during a speech at the CERAWeek by S&P Global energy conference in Houston on Tuesday.
News
March 06, 2025
Today, Venture Global along with federal and state officials announced plans for a brownfield expansion at its Plaquemines LNG facility near New Orleans, Louisiana. The planned expansion will bring the expected total production capacity to over 45 MTPA at Plaquemines.
News
March 05, 2025
Aminex, the oil and gas exploration and development company focused on Tanzania, announced several key operations updates on its Ntorya gas development, including a successful seismic program, and plans for field and pipeline development.
News
March 05, 2025
Expro has secured more than $10 million in major contracts from OMV Petrom for the Neptun Deep gas project in the Black Sea. The contracts involve Expro’s subsea landing string (SSLS), SeaCure® cementing technology, tubular running services (TRS) and Coretrax Advance drilling tools.
News
February 25, 2025
Woodside is preparing to give the go-ahead for its Louisiana LNG project as it looks beyond its core markets in Asia. “Louisiana LNG helps us to secure a material presence in the Atlantic Basin into European consumers," CEO Meg O'Neill said in a Bloomberg TV interview.
News
February 20, 2025
Exxon Mobil Corp. outlined plans to increase natural gas production from Guyana and is considering export options, country manager Alistair Routledge said, citing pressure from the government to do more with the natural gas that’s found alongside its crude.
News
February 18, 2025
Malaysia’s state-owned oil company Petronas (Petroliam Nasional Bhd) is in talks with banks for a potential $1 billion loan to fund a liquefied natural gas (LNG) project, according to people familiar with the matter.
News
February 18, 2025
Mozambique stands out as a key player in natural gas production and plays a crucial role in Africa’s agenda to expand electricity access and clean cooking solutions, according to NJ Ayuk, Executive Chairman of the African Energy Chamber.
News
February 12, 2025
ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation for the export of up to 1.2 million tonnes per annum (mtpa) of liquefied natural gas (LNG) to India’s largest integrated and diversified energy company.
News
February 11, 2025
Hilong Offshore, a subsidiary of China-based Hilong Group, has secured a transportation and installation contract for phase two of Eni’s Congo LNG project. The deal is valued at approx. $55 million USD (400 million yuan).
