Processing/LNG

Freeport LNG Liquefaction Train Shuts Down at Texas Export Plant After Malfunction

One of three liquefaction trains at Freeport LNG's export plant in Texas tripped offline on Wednesday, the company told state environmental regulators in a report on Thursday.

Progressive Pipeline Management Acquired by Platform Partners

PPM, known for its trenchless pipeline rehabilitation services, specializes in restoring aging natural gas distribution pipelines using cured-in-place-lining (CIPL) technology, which minimizes surface disruption.

Pennybacker Acquires Miami LNG, Appoints New Leader for Growth Push

Pennybacker Capital Management has completed its acquisition of a small-scale liquefied natural gas (LNG) business in Miami from New Fortress Energy.

Key Leadership Lessons from WGLC 2024: Chevron’s Kelley Henderson Highlights Mentorship

Reflecting on her career journey, Chevron's Kelley Henderson discussed five key leadership behaviors that she has found crucial for anyone’s path to becoming not only a leader, but a mentor.

Argentina's Vaca Muerta Gas Export Plans Face Major Hurdles

Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government's free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade.

LNG Feedgas to Louisiana’s Plaquemines Plant Drives U.S. Total to 10-Month High

Feedgas to U.S. LNG export plants is poised to hit a 10-month high, driven by record flows to Louisiana's Plaquemines LNG plant as testing continues ahead of its anticipated launch. The U.S. remains the world’s leading LNG supplier, with exports fueling demand growth globally.

Kazakhstan’s 188-Mile Gas Pipeline to Expand Regional Gasification to 90% Once Completed

(P&GJ) — Kazakhstan’s Taldykorgan-Usharal gas pipeline, launched under the directive of the Head of State, aims to secure a consistent gas supply in a region where gasification currently stands below 50%.

BP Delays Whiting Refinery Restart, Fuel Prices Rise in Chicago Market

BP has delayed the restart of a crude distillation unit and a coker at its 435,000 barrel-per-day Whiting, Indiana, refinery from maintenance, boosting fuel prices in the Chicago market, industry sources said on Tuesday.

U.S. Natural Gas Prices Hit 5-Month High on Late-November Cold Snap Forecast

U.S. natural gas futures edged up about 1% on Tuesday to a five-month high, on forecasts for colder weather in late November that should boost heating demand and force utilities to start pulling gas from storage by the U.S. Thanksgiving Day holiday.

TC Energy Raises 2025 Profit Outlook Amid Natural Gas Demand, Updates on Mexican Operations

TC Energy forecasts a higher 2025 profit, driven by natural gas demand and growth projects, while providing updates on its Southeast Gateway pipeline and Mexican operations.

Brazil, Argentina to Study Gas Exports from Vaca Muerta

Brazil and Argentina signed an agreement on Monday to study the development of infrastructure for natural gas exports to Brazil, with Brazilian authorities saying the deal could lead to imports of as much as 30 million cubic meters of gas per day by 2030.

Venture Global LNG’s Louisiana Plant Runs $2.35 Billion Over Budget, Documents Disclose

Venture Global LNG's second liquefied natural gas export facility in Louisiana is $2.35 billion over budget, according to IPO documents. The company attributes the cost increase to inflation and construction challenges but remains confident in covering future overages.

ADNOC Gas to Acquire $5 Billion Stake in Ruwais LNG, Doubling Capacity by 2028

ADNOC Gas will acquire a $5 billion, 60% stake in Ruwais LNG, doubling its processing capacity by 2028. The plant, powered by clean grid electricity, will be one of the world’s lowest-carbon intensity LNG facilities.

Venture Global LNG Reports $4.85 Billion in 2023 Profits Amid IPO Buzz

Venture Global LNG reported $4.85 billion in operating income for 2023, marking its second year of operations. As the company prepares for a stock market listing, financial documents reveal ambitious plans for expanding its LNG export facilities and significant revenue growth.

ADNOC Gas Inks 10-Year LNG Supply Deal with India’s GAIL

ADNOC Gas has secured a long-term agreement with GAIL India Limited to deliver up to 0.52 million metric tonnes per year of liquefied natural gas (LNG) beginning in 2026.

Germany Blocks Russian LNG Shipment to Brunsbuttel Terminal in Policy Stand, Sources Say

Germany has refused to allow a Russian liquefied natural gas shipment at the Brunsbuttel terminal in northern Germany in line with Berlin's policy not to import LNG from Russia, industry sources said on Thursday.

PNOC and Pertamina Partner on LNG, Energy Projects

State-owned firms Philippine National Oil Company (PNOC) and Indonesia's Pertamina have signed a preliminary agreement to develop the liquefied natural gas (LNG) and other energy sources.

Investment Firm Aethon Explores Options for $10 Billion U.S. Natural Gas Assets, Sources Say

U.S.-based investment firm Aethon Energy Management is considering options for its natural gas assets valued at around $10 billion, according to sources. Aethon’s portfolio, primarily focused on the Haynesville shale, positions the firm as one of the largest privately held gas producers in the U.S.

Crown LNG Races to Develop and Start Texas LNG Plant Before Trump's Term Ends in 2029

Crown LNG aims to complete a Texas-based LNG export plant before President Trump’s term concludes in 2029, with a focus on expediting offshore development to streamline regulatory approval.

Acciona, RCM to Construct $230 Million Breakwater for Italy’s Ravenna LNG Terminal

Acciona and RCM will construct a $230 million breakwater for Italy's Ravenna LNG terminal, enhancing protection for the offshore facility managed by Snam. Completion is expected in early 2025.

Cheniere Study Shows Lower GHG Emissions in Updated LNG Life Cycle Analysis

Cheniere Energy recently published an updated life cycle assessment of greenhouse gas emissions tied to its liquefied natural gas operations, incorporating new data from its supply chain.

Pipeline Explosion at PDVSA Facility in Venezuela’s Monagas Region Causes Injuries

A pipeline explosion at a natural gas complex in Venezuela’s eastern Monagas state has left several people injured, causing outages and halting operations. The blast, which resulted in a fire, damaged pipelines and equipment at the PDVSA-operated facility.

Trump Prepares to Withdraw from Paris Climate Agreement, NYT Reports

U.S. President-elect Donald Trump's transition team prepares executive orders to withdraw from the Paris climate agreement, end the LNG export pause, and revoke California's pollution waiver, according to the New York Times.

U.S. Natural Gas Prices Hit 25-Year Low at Henry Hub, Drop into Negative at Waha

U.S. natural gas prices plunged to a 25-year low at Henry Hub and into negative territory at Waha, driven by mild weather, low demand, and pipeline constraints.

Freeport LNG Sets New Gas-Processing Record After Plant Overhaul

Freeport LNG drew record natural gas volumes on several days this week, according to financial firm LSEG, following completion of an overhaul that increased processing capacity.

Angola LNG Weighs Adding Capacity as Gas Output Grows

Angola LNG is exploring expansion options, including a mini train addition, as new gas supplies from Chevron and the New Gas Consortium are expected to bring the plant to full capacity in the coming year.

NuVista Energy to Supply Trafigura with Natural Gas in 13-Year Deal

NuVista Energy has signed a 13-year natural gas offtake agreement with Trafigura, providing the Canadian producer exposure to international LNG market pricing through JKM indexing.

Trump Win Expected to Lift Barriers on U.S. LNG Export Projects, Say Developers

U.S. LNG developers anticipate accelerated project approvals following Donald Trump’s election, as his administration promises to streamline Department of Energy reviews. Companies like Energy Transfer and Commonwealth LNG expect this shift to fast-track multibillion-dollar export projects, while environmental groups vow continued opposition.

Exxon Targets First LNG from $30 Billion Mozambique Project by 2030

Exxon Mobil projects the first LNG output from its $30 billion Mozambique project by 2030, with early site work slated to begin next year. The final investment decision is expected in 2026.

ADNOC L&S Signs $4.4 Billion Deal for 23 LNG, Ethane, and Ammonia Supertankers

ADNOC Logistics & Services signed contracts worth $4.4 billion to build 23 supertankers, primarily focused on LNG, with additional vessels for ethane and ammonia. These contracts with Chinese and Korean shipyards bolster ADNOC’s low-carbon energy shipping capacity.