Processing/LNG
Canada Says Hydrogen Better Than LNG for German Needs
Providing clean hydrogen to Germany and the rest of Europe is a better opportunity for Canada than trying to build LNG terminals, Canada's natural resources minister said last week, but it would require the construction of a new pipeline to transport the gas from Alberta to Europe.
Britain Set to Receive Rare LNG Shipment from Australia
Britain is set to receive a rare shipment of LNG from Australia later this month, as countries across Europe strive to secure enough supplies ahead of winter.
FERC Grants Trans-Foreland Pipeline Extension for Alaska LNG Import Project
Marathon Petroleum Corp.'s Trans-Foreland Pipeline Co. unit received more time to convert the Kenai LNG export plant in Alaska into an import terminal, U.S. energy regulators said on Tuesday.
Germany Secures Deal with Uniper, RWE for Floating LNG Terminals
Germany signed a memorandum of understanding on Tuesday with the country's top gas importers to safeguard the supply of two floating LNG gas terminals it needs to reduce reliance on Russian energy.
Uniper Open to Trade Australian LNG for US Gas to Supply Europe Quicker
Germany's Uniper is prepared to swap LNG it gets from Australia's Woodside for U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said.
LNG Traders Report Huge Losses After Supply Outages Hinder European Storage
Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug an LNG supply gap after several outages hampered efforts to fill European storage ahead of the winter heating season.
Centrica Strikes $8.5 Billion LNG Deal with US Supplier Delfin Midstream
Centrica has signed a 15-year, $8.47 billion deal with U.S.-based Delfin Midstream to purchase 1 million tonnes of LNG per annum from the Delfin Deepwater Port offshore Louisiana from 2026.
Saipem Enters Negotiations to End Arctic LNG 2 Project Contracts
Saipem is in talks to end two contracts related to Russia's $21-billion Arctic LNG 2 project led by Moscow-listed gas producer Novatek, the Italian energy services group said in its interim financial statement.
Shell Defers Prelude LNG Turnaround Due to Industrial Action
Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating LNG facility that was due to go ahead in September because of industrial action at the site off northwest Australia.
Eni Acquires Floating Liquefaction Facility to Produce LNG in Congo Republic
Energy group Eni said on Friday it had acquired Tango FLNG to produce and export LNG from the Republic of Congo, as Italy rushes to find alternative supplies to Russian gas.
Cheniere Posts Q2 Profit on Strong LNG Demand
Cheniere Energy Inc., the largest U.S. liquefied natural gas (LNG) exporter, reported a second-quarter profit on Thursday, and raised its full-year outlook, boosted by demand from buyers seeking to replace gas from Russia.
Sakhalin Energy Asks LNG Buyers to Pay Via Moscow Bank
Russia's Sakhalin Energy Investment Co. has asked its LNG customers to pay for supplies via a Moscow unit of a European bank, a source familiar with the matter told Reuters on Friday.
Enbridge Set to Invest $1.5 Billion in Pacific Energy's Woodfibre LNG Project
Canada's Enbridge Inc. said on Friday it will invest $1.5 billion in the joint construction and operation of the Woodfibre LNG project and also said it will spend an additional $2.1 billion on new projects, including expansions of its British Columbia and Texas gas pipeline systems.
Bulgaria Secures Deal to Receive US LNG Gas Deliveries from October
Bulgaria has secured seven cargo shipments of U.S. LNG from October to ensure gas inflows in the winter, outgoing Prime Minister Kiril Petkov said on Thursday, adding the deal still had to be confirmed by the next government by Aug. 19.
PM Sanchez: Spain Has Capacity to Become Gas Hub in Europe
Spain has the capacity to become a gas hub for Europe to help support regional efforts to curb dependence on Russian gas, Spanish Prime Minister Pedro Sanchez told a news conference with his Polish counterpart on Wednesday.
Australian Unions Extend Strike at Shell's LNG Facility
Unions extended industrial action on Tuesday until Aug. 11 over a long-running wage dispute at Shell Plc's Prelude floating liquefied natural gas facility.
NextDecade Strikes 20-Year LNG Supply Deal with Exxon Mobil
NextDecade Corp. has entered a 20-year sale and purchase agreement with an affiliate of Exxon Mobil for the supply of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
EIA: US Becomes Top LNG Exporter in First Half of 2022
The United States became the top LNG exporter in the first half of 2022, the Energy Information Administration (EIA) said, citing data from CEDIGAZ, as the country increased supply to Europe amid the Ukraine crisis.
Cheniere Inks 20-Year LNG Supply Deal with Thailand’s PTT
Cheniere Energy Inc. has entered an agreement to supply 1.0 MTPA of LNG for 20 years beginning in 2026 to a subsidiary of PTT Public Co. Ltd., Thailand’s largest state-owned energy company, to supply.
Snam, Edison Team Up to Develop Small-Scale LNG Market in Italy
Italy's gas infrastructure group Snam and France's EDF unit Edison said on Monday they signed a memorandum of understanding to work together to develop small-scale LNG.
Pipelines Flow Small Amounts of Natural Gas to Shuttered Freeport LNG Plant in Texas
Small amounts of natural gas were flowing from interstate pipelines to Freeport LNG's shuttered liquefied natural gas export plant in Texas this week.
Cheniere Strikes LNG Supply Deal with PetroChina International
Cheniere Energy Inc. has entered into a long-term LNG sale and purchase agreement to supply up to approximately 1.8 million tonnes per annum of LNG to a subsidiary of PetroChina.
Germany Plans to Build Fifth Floating LNG Terminal by Year End
A fifth floating LNG terminal, to be located about 250 km (155 miles) north of Berlin, will be built by a private consortium, in addition to the four already planned by the government, the country's economy ministry said on Tuesday.
Portugal's Sines Port Set to Ship LNG to Rest of Europe
Portugal's Sines port is ready to start onward shipment of LNG, which arrives in large tankers and will be transferred to smaller vessels to head to other European states, a government spokesman said on Tuesday.
ConocoPhillips Buys 30% Stake in Sempra's Port Arthur LNG Project
ConocoPhillips on Thursday agreed to take a 30% stake in Sempra Energy's proposed Port Arthur, Texas, LNG plant, advancing the long-delayed gas export project.
Siemens Energy to Power Low-Emission LNG Facility in Canada
Siemens Energy has been selected as the single solution supplier for the all-electric Woodfibre LNG project in British Columbia, Canada, the company said on Tuesday.
Fluor Wins Contract for New Fortress Energy Fast LNG Project
Fluor Corp. has been awarded a full notice-to-proceed contract by New Fortress Energy Inc. for the engineering, procurement and fabrication management of the NFE Fast LNG 2 project.
Trans-Foreland Pipeline Seeks Extension for Alaska LNG Import Project
Marathon Petroleum Corp.'s Trans-Foreland Pipeline Co. unit said it has yet to make a final investment decision to build the project because the COVID-19 pandemic and the war in Ukraine have worsened economic and logistical conditions.
Strong LNG Demand to Keep Tanker Rates Firm in 2022, Beyond
Tanker rates to ship LNG are expected to remain firm as market players try to secure cargoes for winter demand amid soaring LNG prices and tight global supply, Reuters reported on Friday.
Spain Minister Urges Firms to Curb Russian LNG Imports
Spain's Energy Minister Teresa Ribera urged Spanish companies on Monday to reduce imports of LNG from Russia and search for alternatives and said the country was readying a contingency plan for the winter in order to help EU neighbors.
- 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
