Processing/LNG
TotalEnergies CEO Predicts Continued Gas Market Volatility Until New Supply Emerges
The CEO of French energy giant TotalEnergies said on Tuesday that the LNG market will continue to experience volatility until new supply is available, but prices are reasonable compared to 2022.
Freeport LNG Plant in Texas Set to Resume Operations After Monday Shutdown
U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to return to service on Tuesday after all of its liquefaction trains shut on Monday, according to data from financial firm LSEG.
Capital Product Partners Adds 11 New LNG Carriers in $3.1 Billion Deal
Vessel owner Capital Product Partners said on Monday it has acquired 11 newly built LNG carriers from Capital Maritime for $3.1 billion, opting for more fuel-efficient engine propulsions as part of the global energy transition.
BP, Edison, Shell Ask US, EU to Intervene in Venture Global LNG Dispute
BP, Edison and Shell pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the U.S. firm's failure to deliver contract supplies of the fuel.
Glenfarne Energy Transition’s Texas LNG Selects Baker Hughes Gas Technology
(P&GJ) — Texas LNG and Glenfarne Energy Transition chose Baker Hughes to supply gas compression technology, including electric motor drives, for their four MTPA LNG export terminal in the Port of Brownsville, Texas.
Regulators Say Loss of Everett LNG Terminal Threatens New England Energy Reliability
A possible loss of the Everett Marine LNG terminal can jeopardize the reliability of New England's energy supply during extreme cold weather, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corp. said on Monday.
US Collaborating with Allies on Sanctions for Russian Arctic LNG Project
The U.S. is working closely with partner countries over sanctions on a Russian LNG project in the Arctic as a January deadline looms on a wind-down of transactions with the plant, a State Department spokesperson said on Wednesday.
Electrical Incident Curtails LNG Output at Chevron's Gorgon Facility
An "electrical incident" last month has curtailed the output of LNG at Chevron's Gorgon facility in Western Australia, a company spokesperson said on Thursday.
Environmental Group Urges FERC Not to Extend License for Tellurian LNG Plant
The Sierra Club environmental group on Wednesday urged the U.S. energy regulator to reject a request by liquefied natural gas developer Tellurian Inc. for a three-year extension to complete construction of its $25 billion LNG export facility.
Seaside LNG Expands LNG Bunkering in Galveston, Texas, to Fuel Carnival Jubilee
(P&GJ) — Seaside LNG and Carnival Corp. have entered into a term bunkering agreement to fuel the first LNG-propelled cruise ship to call Galveston, Texas, its homeport, the Carnival Jubilee.
Excelerate Energy Inks 15-Year LNG Supply Deal with Petrobangla
Under the deal, Petrobangla has agreed to purchase 0.85 to 1.0 million tonnes per annum (MTPA) of LNG from Excelerate for a term of 15 years beginning January 2026. Excelerate will deliver 0.85 MTPA of LNG in 2026 and 2027 and 1 MTPA from 2028 to 2040.
New Fortress Delays Start of Mexico's First LNG Plant Until December
U.S. LNG developer New Fortress Energy has postponed the commercial start of Mexico's first LNG plant to December, company officials said on Wednesday, following delays in receiving the infrastructure.
Kosmos Energy Anticipates Possible Q2 2024 Start for Tortue LNG Project
Kosmos Energy said on Monday that the start-up of the BP-operated Greater Tortue Ahmeyim (GTA) gas project offshore Senegal and Mauritania could slip into the second quarter of 2024.
New Fortress to Charter FSRU for LNG Import Terminal in Brazil
Liquefied natural gas (LNG) developer New Fortress Energy said on Monday it has signed a deal to charter a floating storage and regasification unit (FSRU) from Brazil's Petrobras starting in December.
Sinopec Signs New 27-Year LNG Supply Deal with QatarEnergy
Under the agreement, the two companies will cooperate on the second phase of the Gulf Arab state's North Field expansion project, which will supply 3 million metric tons of LNG per year to Sinopec.
New Fortress Energy Considers Onshore LNG Facility in Mexico as Complement to Offshore Project
New Fortress Energy on Thursday disclosed it is weighing an LNG export facility in Mexico that would be an onshore complement to its offshore project.
Pipeline Operator Enbridge Beats Profit Targets on Higher Transport Volumes
Pipeline operator Enbridge on Friday beat third-quarter profit estimates, benefiting from transporting higher volumes of oil and other liquids.
Tellurian Says on Track to Produce LNG in 2027, Still Looking for Customers
U.S. energy company Tellurian Inc said on Thursday it remains on target to produce the first LNG at its Driftwood export plant in Louisiana in 2027.
New U.S. Sanctions Take Aim at Russia's Arctic LNG Project Amid Ukraine Conflict
The latest sanctions target a major entity involved in the development, operation and ownership of a massive project in Siberia known as Arctic-2 LNG, the State Department said in a statement. The project expected to ship chilled natural gas, known as LNG to global markets.
Cheniere Inks 20-Year LNG Supply Deal with China’s Foran Energy Group
(P&GJ) — Under the deal, Foran has agreed to purchase approximately 0.9 million tonnes per annum (MTPA) of LNG for 20 years from Cheniere Energy.
Gazprom Delivers Second LNG Shipment to China, Taking Suez Canal
Russia's Gazprom on Thursday delivered a second shipment of LNG to China, sending it via the Suez Canal rather than the northern sea route taken by the previous cargo, according to LSEG data.
Chevron Pursuing 15-Year LNG Supply Contracts into Europe
Chevron is negotiating contracts to supply LNG into Europe for up to 15 years as buyers expect the region to rely on imports for longer than previously thought, an executive at the U.S. oil and gas company said.
DOE Warns New Fortress Energy's Mexico LNG Permit Could Require Reapplication
The U.S. Department of Energy (DOE) has warned New Fortress Energy if any portion of its Altamira floating LNG project is located onshore Mexico, the company will have to resubmit its application for an export permit.
US October LNG Exports Reach Second-Highest Level on Record
U.S. LNG producers ramped up exports in October to 7.92 million metric tons, according to data provider LSEG, the second-highest monthly level on record.
FEED Awarded for QatarEnergy LNG’s CO2 Sequestration Project
Worley will develop the FEED and EPC scope of work for QatarEnergy LNG’s CO2 sequestration facility, in Ras Laffan, Qatar, capable of capturing 4.3 mtpa of CO2.
Origin Energy's Top Shareholder Opposes Brookfield's $9.8 Billion Takeover Offer
Origin Energy's largest shareholder said on Tuesday it plans to vote against a Brookfield-led consortium's $9.78 billion takeover offer for the company, casting doubt on the bid's future weeks ahead of a shareholder vote on the deal.
Enterprise Reveals Permian Growth Projects; Takes Seminole Pipeline Out of Crude Oil Service
(P&GJ) — Enterprise Products Partners L.P. has announced four new capital projects in the Permian Basin and also revealed that it has begun initial steps to return the Seminole Pipeline, which has a capacity of 210,000 bbl/d of crude oil, to natural gas liquid (NGL) transportation service in December 2023.
MPLX Completes Whistler Pipeline Expansion, Advances Permian Gas Processing Plant
In the Permian Basin, MPLX completed its Whistler pipeline expansion from 2 Bcf/d to 2.5 Bcf/d at the end of Q3. In the Delaware Basin, MPLX also progressed the construction of its sixth natural gas processing plant, Preakness ll, expected online in the first half of 2024, the company said.
India’s Petronet LNG Not Seeking Additional Volumes in Qatar Deal
India's top gas importer Petronet LNG is not seeking additional volumes when it renews its long-term liquefied natural gas deal with Qatar, its Head of Finance V. K Mishra said on Monday on an analyst call.
US Reviews of LNG Export Permits Slow Under Biden Administration
The average time for issuing an export license has climbed under the Biden administration to over 330 days from 155 days under the Obama administration and 49 days under the Trump administration, according to DOE data.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
