Energy Transition
News
February 13, 2024
Investors have been looking for clues on Woodside’s next move after talks to create a A$86 billion ($56 billion) company with Santos ended. Santos’s portfolio would have made Woodside one of the biggest LNG producers in the Asia-Pacific, but executives warned any deal would need to reflect low premiums in recent oil and gas transactions.
News
February 12, 2024
The administration’s pause has potential implications for more than a dozen proposals now awaiting review at the Energy Department, including ventures in Louisiana by Commonwealth LNG and Energy Transfer LP.
News
February 11, 2024
Minister Al-Kaabi emphasized that, in order to face such challenges, especially in the context of the energy transition, the various stakeholders need to create a balance between energy security, affordability and sustainability, while encouraging investments in a diverse energy mix, including renewables, natural gas and other forms of energy sources to help mitigate risks associated with the volatility of energy markets.
News
February 09, 2024
CEO Nick Dell’Osso said the government’s “unfortunate” move will ultimately get resolved, but LNG projects take years to complete, “so a one-year pause, if it is a full year, is meaningful.”
News
February 08, 2024
Petronet on Tuesday renewed a contract to buy 7.5 million tons of LNG annually from Qatar from 2028 for 20 years in one of the largest ever deals for the super-chilled fuel. The country has so far found buyers for just about half of its new supply and needs to tie down others to long-term deals.
News
February 08, 2024
The collaborative energy innovation platform announced its rebrand and specialty board of advisors with executives from Nike, XPRIZE, and change-making innovators and entrepreneurs.
News
February 08, 2024
In a letter sent to Energy Secretary Jennifer Granholm, the House Committee on Science, Space, and Technology asks why the department’s study on how LNG shipments affect climate change, the economy and national security is needed and how the analysis will differ from previous studies on the issue.
News
February 07, 2024
EQT has several nonbinding deals with LNG developers in the U.S., including Texas LNG LLC, Energy Transfer LP’s Lake Charles and Commonwealth LNG. The pause most affects Energy Transfer and Commonwealth, as well as Venture Global LNG Inc.’s CP2 in Louisiana, that are moving forward with export projects.
Whitepaper
Energy Security, Affordability and Sustainability: The Grand Alliance
February 06, 2024
AspenTech
News
February 02, 2024
“Reducing production of LNG actually harms the world achieving net zero sooner rather than later,” Chief Financial Officer Kathy Mikells said during an interview. “It’s a mistake.”
News
February 01, 2024
API President and CEO Mike Sommers outlines what's at stake under the Biden administration's LNG permit freeze and warns of the real-world consequences for U.S. allies, American jobs and climate progress.
News
February 01, 2024
The contract includes responsibility for the design of the CO2 transportation system and is another important milestone for the project as it progresses its design, costs and schedule towards a final investment decision (FID).
News
January 31, 2024
The legislation, “Unlocking our Domestic LNG Potential Act,” was introduced by U.S. Congressman August Pfluger and seeks to place the Federal Energy Regulatory Commission in charge of all LNG export permitting in the United States.
News
January 30, 2024
During the first day of the Baker Hughes Annual Meeting on Monday in Florence, Italy, a U.S. DOE official tried to explain the Biden administration’s sudden move to stop issuing LNG export licenses.
News
January 30, 2024
In 2023, ADNOC Gas maintained a strong sales momentum signing several LNG agreements valued between $9.4 billion and $12 billion, while continuing to invest domestically to position itself to meet both local and international demand for natural gas.
News
January 30, 2024
A total of 55 operators contributed to the NSTA survey, which showed that innovations related to net zero ambitions and digital transformation have risen significantly.
News
January 29, 2024
Baker Hughes announced several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy. The milestones were announced during the 24th Baker Hughes Annual Meeting held in Florence, Italy, and included advancements in the company’s hydrogen enabling technologies, as well as progress in executing several customers’ hydrogen projects and new collaborations in the sector.
News
January 29, 2024
Manchin, a staunch advocate of his home state’s abundant supplies of natural gas, said he would hold a hearing in the coming weeks to “unveil the facts about the true state of play in the markets, this administration’s motivations, and their implications.”
News
January 29, 2024
The CorrosaLock system joins the WellLock resin system, ThermaLock cement, and CorrosaCem cement system as part of Halliburton’s advanced CCUS portfolio.
News
Restricting LNG exports harms global energy production and national security, Energy Workforce warns
January 28, 2024
Energy Workforce and Technology Council released a statement warning of the critical impacts that will be felt on both a national and international scale if the administration moves forward in halting permits for U.S. LNG export facilities.
News
January 26, 2024
Under the deal, bp will take Equinor’s 50% stake in the Beacon Wind project, and Equinor in turn will get bp’s 50% share in the Empire Wind development.
