Processing/LNG
Shell Seeks Longer U.S. License Before Committing to Venezuela Gas Project
Oil major Shell is seeking a long-term license from the U.S. before making a final investment decision on the Dragon natural gas project in Venezuela, four people familiar with the matter said.
Enterprise Expands Permian Operations with New 300 MMcf/d Gas Processing Plant
Enterprise Products Partners will build a natural gas processing plant in Texas to expand its operations in the Permian Basin, the U.S. energy firm said on Wednesday.
White House Considers Ending LNG Export Pause for Ukraine Aid, Sources Say
U.S. officials are open to ending President Joe Biden's pause on approvals of LNG exports to get a Ukraine aid package passed in Congress, but want to wait to see the entire proposal before making any decisions, two White House sources said on Tuesday.
Cheniere's Reduced Output Leads to Decline in U.S. LNG Demand
There was a significant decline on Tuesday in the amount of U.S. natural gas being liquefied for export with a drop in demand from Cheniere Energy's Corpus Christi plant in Texas and its Sabine Pass operation in Louisiana, according to data from financial firm LSEG.
Russia's Arctic LNG 2 Suspends Gas Liquefaction Amid Sanctions, Tanker Shortage
Novatek, Russia's largest producer of LNG, has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers, two sources familiar with the matter told Reuters on Tuesday.
Mitsubishi Invests in EIG's LNG Company MidOcean Energy
Japanese trading house Mitsubishi has agreed to invest in MidOcean Energy, an LNG company owned by U.S. investment firm EIG, MidOcean said on Tuesday without giving details of the deal.
U.S. March LNG Exports Flat as Freeport Plant Woes Continue
U.S. exports of LNG fell slightly in March to 7.61 million metric tons (MT) from 7.73 MT in February as production of the superchilled gas from the country's second largest exporter remained constrained, preliminary data from financial firm LSEG showed on Monday.
GCL Revives Gas Business After Offloading Solar, Sets Sights on LNG Ambitions
Privately-run Chinese power company GCL Holdings is rebuilding a natural gas business after offloading hundreds of solar installations to set up gas import capacity and a trading operation, company executives told Reuters.
Canada Rejects Investment in LNG Facilities, Emphasizes Private Sector Role
Canada is not interested in subsidizing future LNG projects, including electrification of projects currently in the works, Energy and Natural Resources Minister Jonathan Wilkinson said in a television interview on Sunday.
Moldova Diversifies Gas Supply, Purchases U.S.-Origin LNG from Greece for Consumers
Moldova's domestic gas supplier Energocom said it will supply its consumers with test volumes of U.S.-origin LNG for the first time on Monday and Tuesday.
Gazprom Utilizes Replacement Vessel for Gas Loadings Amid Ship Repair
Russia's Gazprom is using a replacement vessel for ship-to-ship loadings of LNG from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.
QatarEnergy Signs Charter Deals for 25 LNG Vessels with Nakilat
QatarEnergy has entered time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 conventional-size LNG vessels.
Mitsui Invests $740 Million in Developing Vietnam Gas Field
Japanese trading house Mitsui & Co. said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 million.
MidOcean Energy Completes Acquisition of Tokyo Gas’ Australian LNG Interests
MidOcean Energy, managed by EIG, a prominent investor in the energy and infrastructure sectors, has finalized its acquisition of Tokyo Gas’ interests in a suite of Australian integrated LNG projects.
Exxon Sells Majority Stake in Italy's Largest LNG Terminal to IKAV and VTTI
Under the deal, Exxon Mobil will sell its 70.7% stake in the Adriatic LNG terminal, the U.S. oil and gas group said, as part of a broader strategy to divest non-strategic assets and focus efforts on doubling its LNG production by 2030 globally.
PetroVietnam Gas Signs Deal with QatarEnergy for LNG Purchase
PetroVietnam Gas said on Wednesday it has signed a contract with QatarEnergy to buy 70,000 metric tons of liquefied natural gas for delivery on April 12-13.
Osaka Gas Expects Minimal Impact from Freeport LNG Partial Shutdown
Japan's Osaka Gas expects to see little impact on its balance of supply and demand for LNG from a partial shutdown of U.S. Freeport LNG's facilities, the president of the city gas provider said on Wednesday.
Woodside Completes Sale of 10% Scarborough Interest to LNG Japan
Woodside has finalized the sale of a 10% non-operating participating interest in the Scarborough Joint Venture to LJ Scarborough Pty Ltd., also known as LNG Japan.
Gazprom Acquires Former Shell Stake in Sakhalin Energy for $1 Billion
Kremlin-controlled energy giant Gazprom has acquired a 27.5% stake, formerly owned by Shell, in Russian LNG producer Sakhalin Energy for around $1 billion, according to a government order.
Enbridge to Form Natural Gas Supply Venture Connecting Permian and Gulf Coast
Canadian pipeline operator Enbridge said on Tuesday it would form a venture with I Squared Capital and pipeline firms WhiteWater and MPLX to connect Permian supplies to the U.S. Gulf Coast to tap into strong LNG demand for exports.
U.S. Gas Producers Optimistic Amidst Low Prices, Banking on LNG Expansion
Energy executives say they are looking past current ultra-cheap gas prices and betting on a coming wave of new LNG plants to lift demand — and prices — for the fuel.
Credit Agricole Declines Funding for Exxon, Eni, and TotalEnergies’ LNG Projects
Credit Agricole said on Monday that it would not provide financing to two major LNG projects, citing commitments to refrain from new fossil fuel developments.
Concerns Over LNG Pause Overblown
Recently, the United States announced a pause on permits for new LNG export facilities. The move sparked outcry among industry groups in Asia, which quickly declared the move would hurt the region’s energy security and climate goals. However, their concerns are unfounded for five simple reasons.
Exxon Mobil Ahead of Schedule in Doubling LNG Portfolio, Executive Says
Exxon Mobil is ahead of schedule with its plan to double the size of its LNG portfolio to 40 million tons per annum by 2030 and will focus on selling its own gas rather than trading that of third parties, the company's LNG chief said.
Sixteen Republican-Led States Sue Federal Government Over LNG Export Permit Ban
Sixteen Republican-led states on Thursday filed a lawsuit to challenge the federal government's ban on approving applications to export LNG, saying the federal government lacks the authority to broadly deny those permits.
Enagas Raises Stake in Hanseatic Energy Hub to 15% for Germany's LNG Security
Spanish gas grid operator Enagas said on Thursday it had raised to 15% from 10% its stake in the Hanseatic Energy Hub consortium, which is developing a land-based terminal to secure Germany's supply of LNG.
CEO: Other Nations Will Fill LNG Gap if U.S. Retreats, Baker Hughes Affirms
If the U.S. pulls back from permitting new LNG export plants, demand for the fuel will still be met from projects in Qatar, Argentina and Africa, the CEO of Baker Hughes, the world's largest provider of equipment for the LNG sector, said on Thursday.
Williams Finds Tellurian Bid Unattractive, Cites Commercial Concerns, Executive Says
Pipeline operator Williams Companies looked at acquiring struggling LNG developer Tellurian, but considered its export project not that attractive, the company's strategy chief said on Tuesday.
Venture Global CEO: Shift Towards Internal Financing for LNG Projects Expected
More funding for future LNG plants will rely on internal financing instead of the project financing that has paid for most projects to date, Venture Global LNG 's CEO said on Tuesday.
Freeport LNG Expects Trains 1 and 2 at Texas Facility to Remain Offline Until May
Freeport LNG said on Wednesday that trains 1 and 2 at its LNG facility in Texas are anticipated to be down until May, while train 3 is now back online.
- 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
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- U.S. to Acquire 3 Million Barrels of Oil for Emergency Reserve in September
- AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal
- BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019
- Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector
