Processing/LNG
VTTI Plans to Build New Floating LNG Platform in Netherlands by 2024
Dutch energy company VTTI said on Monday it plans to build a new floating LNG terminal in the Netherlands with capacity to import 5 billion cubic meters of gas annually.
Commodities Trader Trafigura Doubles Profit to Hit New Record in 2022
Global commodities trader Trafigura Group posted a record profit for its full year 2022, more than double last year's record, as it cashed in on unprecedented market volatility following Russia's invasion of Ukraine.
Australia In Talks to Help Papua New Guinea Buy $1.1 Billion PNG LNG Stake
Papua New Guinea's state-owned Kumul Petroleum is in talks with Australia's export credit agency to help fund a $1.1-billion acquisition of a 5% stake in the PNG LNG project from Santos Ltd., the PNG company's head said on Tuesday.
Sempra Energy Strikes 15-Year LNG Supply Deal with France's ENGIE
Sempra Energy said on Tuesday it would supply about 0.875 MTPA of LNG to French power company ENGIE for 15 years from its proposed Port Arthur LNG project in Texas.
Outrigger Energy Sells Nearly 200 Miles of Natural Gas, Crude Pipeline to Summit Midstream
(P&GJ) — Outrigger Energy II LLC has completed the sale of its midstream system in Weld County, Colorado to Summit Midstream Partners LP, which includes approximately 160 miles of low and high pressure natural gas gathering pipeline and 30 miles of crude oil gathering pipelines with delivery to the Pony Express Pipeline.
Ineos Signs 20-Year LNG Supply Deal with Sempra
(P&GJ) — INEOS has signed a 20-year contract with Sempra Infrastructure for the supply of approximately 1.4 MTPA of LNG from Phase 1 of the Port Arthur LNG facility under development in Texas North America.
JERA Expects Fire-Hit Freeport LNG Texas Shipments to Fully Resume by March
Japan's biggest buyer of LNG, JERA, expects Freeport LNG's production at its fire-hit Texas plant to partially resume in mid-December and its shipments to be fully back by March, President Satoshi Onoda said on Tuesday.
Excelerate Energy's LNG Plant in Argentina Could Be Completed by 2025
Excelerate Energy, a U.S. company that provides storage and regasification services for LNG globally, could complete its planned gas liquefaction plant in Argentina by 2025, according to an executive.
ConocoPhillips, QatarEnergy to Supply Germany with LNG Starting in 2026
Germany is set to receive new flows of Qatari LNG from 2026 after QatarEnergy and ConocoPhillips on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period.
India to Receive First LNG Cargo from Indonesia's Tangguh LNG
India will receive its first cargo from Indonesia's Tangguh LNG plant at the Dahej terminal on Monday, according to a Refinitiv analyst and Refinitiv ship tracking data.
China's Shenzhen Energy Signs Long-Term LNG Contract with BP
China's Shenzhen Energy Group has signed a long-term agreement with oil major BP to buy LNG, aiming to lock in supplies with gas-fired power generation poised to surge in the world's second-largest economy.
Israel's NewMed Energy Leaning Towards Floating LNG Expansion
Israel's NewMed Energy said on Thursday it was leaning towards building a floating liquefied national gas terminal to further develop its Leviathan gas field off Israel's Mediterranean coast.
Italian City of Piombino Challenges LNG Terminal Project
The Italian city of Piombino has launched a legal challenge against a government-backed project for a new LNG terminal in the Tuscan port that is seen as key to helping wean Italy off Russian gas.
Sempra Strikes LNG Supply Deal with ConocoPhillips
Sempra Energy said on Tuesday that ConocoPhillips will buy five million tonnes per annum of LNG from Phase 1 of the Port Arthur LNG project under development in Jefferson County, Texas.
Germany's LNG Terminals to Cost More Than Double Earlier Estimate
The purchase and maintenance of floating LNG terminals to help Germany secure energy supplies and diversify away from Russian gas, will cost more than 3 billion euros ($3.10 billion) more than planned, the economy ministry said on Sunday.
New Fortress Finalizes Deal to Develop Lakach Gas Project in Mexico
New Fortress Energy said on Tuesday it had finalized agreements with Mexican state oil company Pemex for the development of an LNG project associated with the country's Lakach offshore gas field.
US New England Set to Get First LNG Cargo Since Summer
New England could get a load of much needed LNG for the winter heating season in coming days from a vessel full of the super-cooled fuel that is sitting in Boston Harbor.
Qatar Signs 27-Year Deal with China as LNG Competition Heats Up
QatarEnergy has signed a 27-year deal to supply China's Sinopec with LNG, the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals.
Delfin Gets More Time to Build US Gulf of Mexico LNG Export Plant
U.S. energy regulators on Friday extended until September 2023 the amount of time liquefied natural gas developer Delfin LNG has to put the onshore part of its proposed Gulf of Mexico floating export project off Louisiana into service.
Green Groups Sue Louisiana Over Venture Global LNG Permit Exemption
Three environmental groups have sued the Louisiana Department of Natural Resources for exempting Venture Global LNG from needing an environmental permit to build a LNG terminal, the organizations said on Wednesday.
Malaysia's Petronas Interested to Join Abadi LNG Project
Malaysian state oil and gas company Petronas has expressed interest to participate in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.
EIG Targets Australia's Origin to Build Global LNG Company
EIG, teaming with Brookfield Asset Management in a A$15.5 billion ($10.5 billion) bid to split Australia's Origin Energy, is looking to use the deal to help build a global LNG company, its boss said on Wednesday.
New Fortress to Sign Deal for Mexico's Lakach Gas Project Next Week
U.S. company New Fortress Energy expects to sign an agreement next week with the Mexican government for the development of a LNG project associated with Mexico's Lakach offshore gas field, a company executive said on Wednesday.
Germany Completes Construction of Wilhelmshaven Floating LNG Terminal
Germany on Tuesday completed construction of its first floating terminal for LNG at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas.
Norway's Aker BP Wants "Price Floor" in European Gas Supply Deals
European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, the chair of Norwegian producer Aker BP told Reuters.
Mauritania and BP to Explore Green Hydrogen Projects
BP has signed an agreement with Mauritania to explore ways to develop low-carbon hydrogen on a large scale in the West African country, the British energy company said on Tuesday
UK to Announce US Gas Deal After Climate Change Summit
Britain hopes the United States will promise about 10 billion cubic meters of LNG over the coming year, the Telegraph newspaper reported, adding that discussions about the deal are in their final stages and an announcement could come in a week or two.
Italy's Emilia Romagna Region Backs $1 Billion Floating LNG Project in Adriatic Sea
Italy's Emilia Romagna region has approved a project for a new floating LNG terminal off the coast of Ravenna in the upper Adriatic Sea, it said on Monday, part of the country's broader efforts to replace dwindling Russian gas supplies.
Trinidad Asks US to Allow Venezuelan Gas Imports for LNG Plant
The government of Trinidad and Tobago is asking the United States to authorize Venezuelan gas imports to restart an idled liquefaction train in the Caribbean nation, four sources close to the talks said.
Sempra Set to Approve Port Arthur LNG Export Plant in Q1 2023
California energy company Sempra Energy said Thursday that its Sempra Infrastructure unit planned to greenlight the first phase of its proposed Port Arthur LNG export plant in Texas during the first quarter of 2023.
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
