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.
News
October 06, 2023
A spokesperson for Chevron Australia said the company has consistently engaged in an effort to finalize the agreements and will continue to do so.
News
October 04, 2023
The Ruwais LNG plant will be the first LNG project in the Middle East and North Africa region to run on clean power, making it one of the lowest carbon intensity LNG facilities in the world.
News
October 03, 2023
The project includes six mega trains, each with a production capacity of eight MMtpa of LNG, four of which are part of the North Field East expansion project, and two are part of the North Field South expansion project, contributing a total of 48 MMtpa to the global LNG supplies.
News
October 02, 2023
The contract was awarded under a master equipment supply agreement between Venture Global LNG and Baker Hughes for more than 100 million tons per annum (MMtpa) of production capacity.
News
September 28, 2023
Amin H. Nasser, Aramco President & CEO, said, “We anticipate strong demand-led growth for LNG as the world continues on its energy transition journey, with gas being a vital fuel and feedstock in various industries.
News
September 22, 2023
Ongoing discoveries confirm a growing energy opportunity for the continent – in export markets and to power domestic development.
News
September 22, 2023
Workers accepted a proposed settlement on pay and conditions put forward by the country’s labor regulator and will suspend industrial action, the Offshore Alliance, a grouping of two major unions, confirmed Friday in a statement.
News
September 21, 2023
If the unions also endorse the agreement, then it would end industrial action at the Gorgon and Wheatstone LNG facilities that has roiled global gas markets.
News
September 19, 2023
Commonwealth LNG has entered into a Heads of Agreement (HOA) with EQT, the largest producer of natural gas in the U.S., for 1 million tons per annum of LNG under a 15-year tolling agreement, and associated gas supply to Commonwealth LNG's facility in Cameron, Louisiana.
News
September 18, 2023
Scheduled LNG deliveries from the Wheatstone gas facility were not impacted by a fault that occurred on Sept. 14 and domestic supply was also unaffected, the company said Monday in a statement.
News
September 15, 2023
Decisions to continue the full-day strikes will be made daily, according to an official at one of the unions representing the workers.
News
September 15, 2023
Gate Terminal B.V., a joint venture of Vopak and Gasunie, is an LNG hub at the Port of Rotterdam that contributes to the natural gas supply in the Netherlands and northwest Europe.
News
September 14, 2023
This announcement comes as part of the increasing international recognition of Qatar’s role in meeting the world's growing need for energy, particularly natural gas.
News
September 14, 2023
Staff started a program of escalated action Thursday after beginning partial strikes on Sept. 8, and will ratchet up stoppages over the “coming days and weeks,” the Offshore Alliance, a group representing two major labor unions, said in a Facebook post.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.