LNG
News
August 16, 2024
A second liquefied natural gas tanker left an export terminal in northern Russia that’s subject to U.S. sanctions, ship-tracking data show.
News
August 15, 2024
Avance Gas holding Ltd., whose largest shareholder is Norwegian shipping billionaire John Fredriksen, said it has agreed to sell its entire fleet of very large gas carrying ships to BW LPG Ltd.
News
August 12, 2024
To tap some of these new consumers, parent company ADNOC is building a new plant at Ruwais that will more than double the UAE’s LNG export capacity when it starts operating in 2028. Oman and Qatar are also expanding their LNG production facilities.
News
August 07, 2024
Wood will use its specialist CO2 and blue hydrogen expertise to design the integrated blue hydrogen and ammonia production facility, marine facilities including ammonia storage, 200 kilometre pipeline and CO2 injection facility.
News
August 07, 2024
The D.C. Circuit court ruling is a setback for the company, which inked a preliminary deal with Saudi energy giant Aramco to buy the super-chilled fuel from an expansion at the South Texas plant known as Rio Grande LNG.
News
August 06, 2024
Galp has agreed to purchase approximately 0.5 MMtpa of LNG for 20 years from Cheniere Marketing on a free-on-board basis for a purchase price indexed to the Henry Hub price, plus a fixed liquefaction fee.
News
August 04, 2024
The companies agreed other contractors could finish work on Golden Pass last month, paving the way for a restart after several setbacks this year. The new schedule means the 18 million-metric-ton-a-year facility, one of the country’s biggest, will begin operations about six months later than the previous plan, Exxon Chief Financial Officer Kathy Mikells said during an interview.
News
July 31, 2024
The Study, commissioned by NACEF and PAGE, and conducted by ICF, “Lifecycle GHG Emissions of U.S. LNG Exports: Concepts, Methodologies, Data and Results,” shows that U.S. LNG exports are likely to have represented a net reduction in the world’s GHG emissions compared to the mix of alternative fuels that would have likely substituted for the LNG exports had they hypothetically not existed in 2022.
News
July 30, 2024
The disruption caused by Hurricane Beryl led to temporary reductions in U.S. LNG exports, contributing to fluctuations in global gas prices. Freeport LNG's gradual return to full production is a significant step towards stabilizing these markets.
News
Texas’ Freeport LNG hub to restart three production trains in early August following Hurricane Beryl
July 25, 2024
Two production trains are increasing production already. They will be followed by the third train as early as the end of next week. Full production is expected in August, people said, asking not to be identified because the information was not made public.
News
July 25, 2024
A bankruptcy judge on Wednesday approved a settlement between the joint venture building Exxon Mobil Corp.’s $10 billion gas export project in Texas and lead contractor Zachry Holdings Inc., allowing other companies to finish work on the plant.
News
July 23, 2024
Saudi Aramco, which had previously been in talks to purchase a stake in Tellurian, is another potential partner, said Saul Kavonic, an energy analyst at MST Marquee in Sydney. Abu Dhabi National Oil Co., as well as Japanese buyers and U.S. infrastructure players, could also invest in Driftwood, he said.
News
July 22, 2024
NFE’s proprietary Fast LNG design is the first of its kind, pairing the latest advancements in modular liquefaction technology with jack up rigs or similar offshore infrastructure to enable a faster deployment schedule than traditional liquefaction facilities.
News
July 22, 2024
Woodside is targeting a final investment decision for the first phase of the Driftwood project from the first quarter of 2025. If all four phases are completed, the Louisiana facility would be able to export 27.6 million tons a year — almost triple Woodside’s current capacity and nearly 6% of the global total at the end of last year.
News
July 18, 2024
The companies hardest hit by the outage at Freeport LNG, which began on July 6, include Japanese companies Jera Co. and Osaka Gas Co., oil majors bp Plc. and TotalEnergies SE, and South Korea’s SK E&S Co., people familiar with the matter said.
News
July 17, 2024
The company plans to restart its first production line this week, with the intent to start the remaining units shortly thereafter, Browne said. Still, production is expected to be at reduced rates, a spokesperson said, without saying how long the reduction would last. The plant is designed to produce 15 million metric tons of LNG annually.
News
July 15, 2024
Wood has secured a six-year contract to provide brownfield engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia.
News
July 14, 2024
On Shell’s Capital Market Day in 2023, Shell committed to deliver upstream and integrated gas projects coming on stream between 2023 to 2025, with a total peak production of greater than 500,000 boed. Jerun is expected to contribute to this commitment.
News
July 11, 2024
Honeywell’s new holistic offering will encompass natural gas pre-treatment and state-of-the-art liquefaction, utilizing digital automation technologies unified under the Honeywell Forge and Experion platforms. This full-service solution will enable efficient, reliable and optimized management of natural gas assets.
News
July 10, 2024
ADNOC has signed several new long-term LNG sales commitments with international partners, including for the delivery of 1 million tonnes per annum (MMtpa) with Shell and 0.6mtpa with Mitsui & Co., taking the committed Ruwais LNG production capacity to 70%.
News
July 06, 2024
Shell Plc, TotalEnergies SE, bp Plc and Mitsui & Co. will each take a 10% stake in the Ruwais LNG plant, said the people, who asked not to be named as the information isn’t public. Agreements may be signed as soon as next week, the people said.
