LNG
News
January 06, 2023
The update suggests the company may avoid a repeat of what happened in the third quarter when Shell’s peers were much more successful in profiting from record gas prices in Europe.
News
January 03, 2023
The agreement opens a new supply route in southeastern Europe after Russia curbed shipments to the continent following its invasion of Ukraine. Previously, Bulgaria’s shortest way to access LNG was through Greece.
News
January 03, 2023
The Maria Energy is fully loaded with approx. 170,000 m3 LNG – enough to supply around 50,000 German households with energy for one year.
News
December 27, 2022
Under the agreement, INPEX Energy Trading Singapore Pte. Ltd., a Singapore-based subsidiary of INPEX, will purchase 1.1 million tons per year of LNG from CP2 LNG, Venture Global's third project.
News
December 22, 2022
The 380m long and 60m wide vessel will be anchored at a water depth of around 40m and will be able to store over 180,000m3 of LNG and 45,000m3 of LPG.
News
December 22, 2022
The outage comes just after Prelude resumed loading this week following roughly two months of maintenance. This is another setback for the world’s biggest floating LNG plant, which has struggled with ongoing technical issues since it started in 2019.
News
December 12, 2022
The EU faces a potential shortfall of almost 30 billion cubic meters of natural gas in 2023 – but they can close gaps and avoid shortages by improving energy efficiency, deploying renewables, installing heat pumps, promoting energy savings and increasing gas supplies.
News
December 08, 2022
Baker Hughes and Woodside Energy have entered an agreement on Dec. 8 to explore potential business arrangements and initiatives that may support Woodside’s climate strategy or its customers’ chosen decarbonization pathways.
News
December 07, 2022
Europe is facing high natural gas prices and high uncertainty due to the substantial reduction in Russian imports, according to a new report from Rice University’s Baker Institute for Public Policy.
News
December 06, 2022
Abu Dhabi National Oil Company (ADNOC) is accelerating operationalization of its board mandated low carbon growth strategy, by establishing a new low carbon solutions and international growth vertical that will focus on renewable energy, clean hydrogen and carbon capture and storage, as well as international expansion in gas, LNG and chemicals.
News
November 15, 2022
While the United States filled some of the supply gap by exporting huge quantities of liquefied natural gas from its seven plants, global markets are going to have to wait at least two more years before any new U.S. LNG supplies come online.
News
September 26, 2022
As global natural gas markets continue to tighten and Europe braces for a challenging winter, the American Petroleum Institute and the International Association of Oil and Gas Producers released a new analysis of Europe’s natural gas market and highlighted the immense potential of U.S. LNG to help Europe strengthen its energy security.
News
September 20, 2022
Tellurian Inc. withdrew a $1 billion high-yield bond sale, leaving the future of its U.S. natural gas export project in limbo. The stock plunged more than 24%.
News
September 19, 2022
Pakistan State Oil Co., the nation’s largest fuel importer and retailer, is planning to build a $500 million LNG terminal as part of its strategy to diversify into multiple businesses.
News
September 16, 2022
A Tellurian Inc. investor is urging the would-be U.S. energy exporter to put itself up for sale, saying poor governance, nepotism and “misleading communications” have doomed the company’s $12.8 billion aspiration to ship shale gas overseas.
News
August 29, 2022
Mozambique will have to wait a little longer to join the ranks of the world’s liquefied natural gas exporters, after a vessel that was destined for its first offshore production platform changed course at the weekend and sailed away.
News
August 15, 2022
Although natural gas exports from Mexico are today non-existent, seeing as it produces too little of the power-plant fuel to supply its own domestic needs, the country’s proximity to booming U.S. reserves positions it well to supply American gas to hungry buyers in Europe and Asia.
News
August 02, 2022
Eni SpA is planning a second liquefied natural gas production vessel offshore Mozambique that could be built in less than four years to help Europe diversify supplies of the fuel, according to a company executive.
News
July 21, 2022
TotalEnergies, as operator, announced the decision of the Papua LNG joint venture to launch the first phase of front-end engineering and design sudies for the Papua LNG project's upstream production facilities.
News
June 29, 2022
Shell Plc is set to follow other Western energy majors by taking a stake in a $29 billion project to boost Qatar’s exports of liquefied natural gas, just as Europe races to shore up new supplies of the fuel.
News
June 21, 2022
Exxon Mobil Corp. is investing in a $29 billion project to boost Qatar’s gas exports, joining others including ConocoPhillips, TotalEnergies and Eni SpA.