LNG
News
December 15, 2023
Shell Plc agreed to sell its stake in the Schwedt refinery, a plant that supplies much of eastern Germany with fuel and has been caught up in Europe’s standoff with Moscow over the war in Ukraine.
News
December 12, 2023
The London-based supermajor accused Venture Global of violating its contract by selling cargoes from its plant at Calcasieu Pass in Louisiana through one-off deals rather than supplying customers signed up for long-term deals, according to a letter BP sent to the Federal Energy Regulatory Commission on Monday.
News
December 07, 2023
The Santos-Woodside discussions also illustrate the growing importance of liquefied natural gas (LNG) to the industry, as executives expect the fuel to be needed for decades in Asia as part of the energy transition.
News
December 04, 2023
(WO) — EnerMech, and its alliance partner Offshore Technical Services (OTS), have been instrumental in helping fast track the first phase of a major project to import liquified natural gas (LNG) to Germany as the country races to reduce its dependence on Russian energy.
News
November 29, 2023
ARC Resources has agreed to sell 140,000 MMBtu per day of natural gas to SPL Stage 5 for a term of 15 years, commencing with commercial operations of the first train (“Train 7”) of the Sabine Pass Liquefaction Expansion Project.
News
November 28, 2023
Under the SPA, Delfin LNG will supply between 0.5 to 1.0 MMtpa of LNG to Gunvor on a free-on-board (“FOB”) basis at the Delfin Deepwater Port, located 40 nautical miles off the coast of Louisiana for a minimum duration of 15 years.
News
November 22, 2023
Egypt is set to resume exports of liquefied natural gas (LNG) following a months-long hiatus after supplies of the fuel from Israel increased.
News
November 20, 2023
Colombia is studying whether to import natural gas and light crude from Venezuela to cut fuel costs.
News
November 20, 2023
Orlen SA agreed to purchase oil and gas producing assets on the Norwegian continental shelf from Kuwait Foreign Petroleum Exploration Co. for $445 million to diversify shipments of natural gas to the eastern European country.
News
November 12, 2023
Venture Global said the “highly coordinated attack” by the European energy industry is an attempt to “modify their contracts and stifle competition” in the global LNG market.
News
November 06, 2023
The two sides also signed a long-term sales and purchase agreement (SPA) for the delivery of 3 MMtpa of LNG from the NFS project to Sinopec’s receiving terminals in China over a span of 27 years.
News
November 02, 2023
TotalEnergies is extending beyond 2024 its interest in Oman LNG, by ten years, and in Qalhat LNG, by five years. The parties agreed to finance investments to reduce the plant’s GHG emissions during this extension.
News
October 23, 2023
The hidden dangers of corrosion under insulation (CUI) span the oil and gas industry from upstream operations to midstream infrastructure to downstream applications, including the production of liquified natural gas (LNG).
News
October 23, 2023
The LNG volumes produced by the NFE project will increase Qatar’s LNG production by 45 Bcm in addition to the current 108 Bcm.
News
October 22, 2023
The start-up of Tangguh Train 3 will add 3.8 million tonnes per annum (MMtpa) of LNG production capacity to the existing two-train facility, bringing total plant capacity to 11.4 MMtpa.
News
October 18, 2023
The LNG volumes will be sourced from the two joint ventures between QatarEnergy and Shell that hold interests in Qatar’s North Field East (NFE) and North field South (NFS) expansion projects.
News
October 17, 2023
Workers accepted Chevron’s proposed settlement Tuesday on pay and working conditions and will not move forward with a labor action planned for Thursday, according to a statement from the Offshore Alliance union group.
News
October 17, 2023
Countries and companies are seeing LNG as a cleaner fossil fuel that can lower emissions, but supply is expected to be tight until around 2026, when new projects are scheduled to start operating.
News
October 10, 2023
Wintershall Dea GmbH, billionaire Mikhail Fridman’s energy venture with BASF, is reportedly in advanced talks to sell its minority stake in a Middle Eastern natural gas project to an arm of Thailand’s PTT.
News
October 10, 2023
Israel’s gas shipments to Egypt fell by 20% as safety concerns prompted the shutdown of a key offshore field, threatening onward deliveries to Europe. Israel ordered the shutdown of the Tamar gas field run by Chevron Corp., citing safety concerns as fighting between its military forces and Hamas escalates.
News
October 09, 2023
Workers at Chevron Corp.’s liquefied natural gas facilities in Australia gave notice Monday to resume strikes, a move that could disrupt supplies and send prices higher.
