Processing/LNG
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.
Petronas Begins Construction of Floating LNG Facility for Argentina's Gas Exports
Malaysia's state energy firm Petronas has begun the construction of a floating liquefied natural gas (FLNG) processing unit to be placed off the coast of Argentina, which aims to begin exports by 2027.
Texas LNG Secures 20-Year LNG Sales Deal with Gunvor Group
Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition LLC, has finalized a 20-year LNG sale and purchase agreement with Gunvor Group.
Tellurian Explores Sale Options, CEO Steps Down Amid Driftwood LNG Project Efforts
Tellurian said on Monday it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role, amid the liquefied natural gas developer's efforts to keep its Driftwood export project alive.
Venture Global LNG Acquires Nine LNG Vessels, Deepens Presence in LNG Value Chain
The nine vessels will be constructed in South Korea and the Arlington-based company said the move will deepen its involvement throughout the LNG value chain.
Reuniting EQT and Equitrans: Navigating a Volatile Gas Market
Gas producer EQT’s old management weathered an activist investor outcry, squeaked through an expensive deal, and spun off its pipeline division - only to be ejected by the executives they bought out.
TC Energy to Sell 470-Mile British Columbia Gas Pipeline to Ksi Lisims LNG Partners
The pipeline project, which TC will sell to Ksi Lisims co-developers Nisga'a Nation and Houston-based Western LNG, is permitted to move up to 3.6 billion cubic feet of natural gas per day across British Columbia.
Venture Global LNG Asks FERC to Keep Louisiana Export Facility Documents Confidential
Liquefied natural gas (LNG) exporter Venture Global LNG on Thursday delivered to U.S. regulators a proposed protective order seeking to keep documents on the construction of a Louisiana export facility confidential.
Russia's Gazprom Seeks Over $900 Million in Gas Dispute Damages from Polish Companies
In 2022, Poland terminated its agreement with Russia to receive Russian gas via the Yamal gas pipeline after Warsaw rejected a demand to pay for the fuel in rubles and Moscow responded by cutting off supplies.
FERC Asks Venture Global LNG to Justify Confidential Document Filings
The Federal Energy Regulatory Commission on Wednesday asked liquefied natural gas developer Venture Global LNG to explain the basis for its extensive filing of confidential documents in its Calcasieu Pass LNG export terminal.
Israel's NewMed Delays $2 Billion BP, ADNOC Buy-In Offer Amid Regional Uncertainty
A $2 billion offer by Abu Dhabi's national oil company and BP to buy a 50% stake in Israeli gas producer NewMed has been put on hold due to uncertainty in the region, NewMed said on Wednesday.
Freeport LNG's Feedgas Intake Plummets Amidst Operational Challenges
Feedgas intake at the second largest U.S. LNG plant has fallen by almost half over the last week, according to data provider LSEG.
NextDecade Targets Train 4 Final Investment Decision at Texas LNG Facility for Late 2024
NextDecade said on Monday it was targeting a final investment decision (FID) and plans to start construction of the fourth liquefaction train at its Rio Grande LNG facility in Texas by the second half of 2024.
European Energy Giants Urge U.S. Regulators to Reject Venture Global LNG's Permit Extension
Top European energy companies on Friday asked U.S. regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana export plant.
Shell's LNG, Gas, and Power Trading Chief Steve Hill to Depart Company
Hill joined Shell in 2016 following the $53 billion acquisition of rival BG Group. He has headed Shell Energy, which oversees business-to-business LNG, gas and power trading, part of the company's downstream division.
Japan Bolsters LNG Supplies, Relying More on Allies Australia and U.S.
Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key contracts from providers including Russia are set to expire by the early 2030s.
EQT and Equitrans Midstream to Merge in $5.5 Billion Natural Gas Deal
EQT Corp., the leading U.S. natural gas producer, is set to acquire Equitrans Midstream in a deal valued at $5.5 billion. The merger will bolster cost-effective production and transportation of natural gas by incorporating over 2,000 miles of pipeline infrastructure into EQT's operations.
Shell, Edison Urge U.S. Regulators to Reject Venture Global LNG's Permit Extension Request
Italian utility Edison and Shell on Friday asked U.S. energy regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana export plant.
Chevron's CEO Faces High-Stakes Battle Over Hess Acquisition
Chevron CEO Michael Wirth is facing a head-to-head match with Exxon Mobil with his $53 billion bid for Hess and its stake in oil hotspot Guyana, and could wind up trapped in a dispute between two of South America’s biggest energy rivals.
AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal
Singapore-based Atlantic, Gulf and Pacific LNG (AG&P), a unit of U.S. investment and development firm Nebula Energy, has acquired a 49% stake in Vietnam's Cai Mep LNG terminal, it said in a statement on Thursday.
Argentina's YPF to Invest $3 Billion in Shale, Eyes LNG Facility Expansion in 2024
Argentina's national oil company YPF on Thursday said it would invest $3 billion of a $5 billion capital spending plan this year in shale, as it looks to generate more cash by exiting some major conventional fields.
U.S. Natural Gas Prices Steady Ahead of Federal Storage Report
U.S. natural gas futures were little changed on Thursday as the market waited for direction from a federal report expected to show a much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.
Saudi Aramco, UAE's ADNOC in Talks for Investments in U.S. LNG Projects
Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are in talks to invest in U.S. liquefied natural gas projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market, sources aware of the matter said.
Vitol Nears Acquisition of Exxon, QatarEnergy Stakes in Italy LNG Terminal
Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy's biggest LNG import terminal from Exxon Mobil and QatarEnergy, two sources with knowledge of the matter said on Monday.
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- 208-Mile Mississippi-to-Alabama Gas Pipeline Moves Into FERC Review
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- Kinder Morgan Gas Volumes Climb as Power, LNG Demand Boost Pipeline Business
