Processing/LNG

Pembina Pipeline Expects Investment Decision on Cedar LNG Project in June

Pembina Pipeline Corp. said on Thursday progress on its proposed $4 billion Cedar project remains on track and a final investment decision is expected in June on what would be one of Canada's first liquefied natural gas export terminals.

CoolCo Secures Long-Term Charter Deal with GAIL for New LNG Carrier

Cool Company Ltd. has entered into a 14-year charter deal with India’s GAIL for one of the company’s two newbuild LNG carriers currently under construction.

Japan's JERA Plans $32 Billion Investment in LNG, Renewables, and New Fuels Over Next Decade

Japan's top power utility JERA said on Thursday it plans to invest $32.4 billion over the coming decade into renewable energy and new fuels such as hydrogen and ammonia, as well as LNG.

PetroChina Official Forecasts Record China LNG Imports in 2024

China's liquefied natural gas imports could hit record levels in 2024, a PetroChina official forecast on Wednesday.

Republican Lawmakers Press Regulators to Expedite LNG Project Approvals

Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for liquefied natural gas, or LNG, projects, saying any delays could force allies and partners to turn to countries like Qatar and Iran for the fuel.

Freeport LNG Plant in Texas Resumes Full Operations, Ships Queue for Loading

LNG tankers began loading at Freeport LNG in Texas this week as full operations resumed at the liquefied natural gas export plant after repairs and maintenance, data from financial firm LSEG showed on Wednesday.

QatarEnergy CEO: Qatar to Sign More Long-Term LNG Contracts This Year

Qatar has not had difficulty securing long-term liquefied natural gas contracts and will sign more this year, QatarEnergy CEO and State Minister for Energy Saad al-Kaabi said at an economic forum on Wednesday.

Federal Regulators Approve Venture Global's Repairs at Louisiana Plant

U.S. federal regulators said on Tuesday that they are satisfied Venture Global LNG is trying to correct faults at its heat recovery steam generator at its Calcasieu Pass LNG export plant in Louisiana and expects the work to be completed in the timeline promised by the exporter.

Golden Pass LNG in Talks with Contractor Amid Potential Project Impacts

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, on Thursday said it was in ongoing talks with a contractor that could have near-term impacts on activity at its site, but it did not tell any contractor to send workers home.

Panama Canal Considers Expansion to Accommodate U.S. LNG Transit Surge

The Panama Canal is in talks with U.S. LNG producers on how to meet increased demand for crossings as water levels recover after a prolonged drought, the canal's administrator Ricaurte Vasquez told Reuters in an interview.

Sempra LNG Rethinks Bechtel Pick for Cameron LNG Expansion Amid Cost Concerns, Sources Say

Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs, two people familiar with the matter told Reuters.

NextDecade Eyes Train 4 FID for Rio Grande LNG Phase 1 in Late 2024

NextDecade is advancing swiftly with its Rio Grande LNG Facility, as it eyes a significant milestone in the second half of 2024.

Black & Veatch Completes Feasibility Study for Andes Energy LNG Terminal

Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a LNG regasification terminal and power plant located near the port city of Buenaventura on Colombia’s Pacific coast.

Trump Targets LNG Exports in Meeting with Oil CEOs, Promises Reversal of Biden Policies

Republican presidential candidate Donald Trump vowed to reverse dozens of the Biden administration's environmental rules and policies at a meeting with top U.S. oil executives, where he also asked them to raise $1 billion for his presidential campaign, the Washington Post reported on Thursday.

Germany's EnBW Signs 15-Year LNG Supply Deal with ADNOC

German utility company EnBW said it has signed a 15-year LNG contract with ADNOC, as Europe boosts LNG imports after Russia's invasion of Ukraine curtailed westbound pipeline gas shipments.

New Fortress Delays Start of Mexico's First LNG Plant to Late May

New Fortress Energy said on Wednesday it delayed the start of its Altamira LNG plant in Mexico to May and expects to export its first cargo in June after an incident a few days before the country's first LNG export plant was due to begin production.

Williams Scraps Northeast Pipeline Project While Pennsylvania Gas Transport Plan Advances

Williams ambitious natural gas pipeline project, aimed at crossing New Jersey and extending under two bays to New York, has met its demise. Concurrently, another initiative involving the transportation of LNG from Pennsylvania via tanker truck is progressing.

Over 70 Democratic Lawmakers Back Biden's Pause on LNG Exports

Nearly 75 U.S. lawmakers from President Joe Biden's Democratic party on Tuesday praised his pause on approvals of exports of LNG saying it would protect Americans from pollution and potential higher prices.

Sinopec in Talks with Pembina Pipeline for LNG Offtake, Cedar LNG Stake, Sources Say

China's Sinopec is in discussions with Pembina Pipeline Corp. for an LNG offtake agreement and equity stake in the Canadian company's proposed Cedar LNG project, sources said.

TC Energy's Keystone Pipeline Shines in Q1, Achieving Record Operational Reliability

Total earnings from TC Energy's pipeline segments came in at $1.66 billion, primarily driven by the Keystone pipeline, which achieved 96% "operational reliability", TC Energy said.

Natural Gas Flows to Freeport LNG in Texas Reach Two-Month High

The amount of natural gas flowing to Freeport LNG's export plant in Texas rose to a two-month high on Sunday in what energy traders said was another sign that the plant was wrapping up a series of outages over the past month or so.

Kinder Morgan-Backed Gas Pipeline Expansion Prevails in U.S. Appeals Court Decision

The Kinder Morgan-backed Evangeline Pass Expansion project would expand existing pipelines to feed more fuel to Venture Global's Plaquemines liquefied natural gas export terminal in the Gulf of Mexico.

U.S. Faces Natural Gas Shortfall as LNG Canada Terminal Nears Operational Phase

The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said.

Energy Transfer Subsidiary Sunoco and NuStar Energy Merger Receives Green Light from Unitholders

The acquisition grants Sunoco access to NuStar's extensive transportation and storage infrastructure, encompassing approximately 9,500 miles of pipeline and 63 terminals.

Railroad Commissioner Criticizes Biden's LNG Export Pause at House Committee Hearing

Commissioner Christian denounced President Biden's actions as election year politics, asserting that the pause on LNG exports would neither reduce emissions nor benefit allies, instead making energy more expensive and less accessible.

Russia's Gazprom Sees Worst Loss in Decades as European Gas Sales Collapse

Kremlin-owned gas giant Gazprom said on Thursday it plunged to a net loss of $6.9 billion in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market.

Targa Resources Beats First-Quarter Core Profit Estimates on Higher Transportation Volumes

Targa Resources beat Wall Street estimates for first-quarter core profit, as the pipeline operator benefitted from higher volumes of natural gas liquids (NGL) transported through its system.

Exxon Pushing Forward with Mozambique LNG Project, Official Says

Exxon Mobil is "optimistic and pushing forward" with its delayed Rovuma LNG project in Mozambique and expects a final investment decision at the end of next year, a company official said on Thursday.

Shell Smashes Forecasts with $7.7 Billion Quarterly Profit Driven by Strong LNG Performance

Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas production rose.

Tellurian Sends Production Workers Home Amid Talks for Haynesville Shale Sale

The Houston-based company has been holding talks with potential buyers to sell its Haynesville shale gas business to raise capital for its proposed Driftwood LNG export plant.