Processing/LNG
US, German Officials to Meet This Week on LNG, Hydrogen Supplies
U.S. and German government officials will meet with energy executives in Berlin to discuss ways to boost Germany's energy supplies, as Russia's war in Ukraine ratchets up pressure on Europe to find alternate sources of energy.
Tellurian’s Driftwood LNG Facility Begins Construction
Driftwood LNG is an approximately 27.6 million tonnes per annum (mtpa) liquefaction export facility near Lake Charles, Louisiana. Phase one will include two LNG plants with an export capacity of up to 11 mtpa.
NextDecade, China’s Guangdong Ink Deal for Rio Grande LNG
Guangdong Energy will purchase up to 1.5 million tonnes per annum of LNG indexed to Henry Hub and the LNG supply will initially be from train one of Rio Grande LNG, which is expected to start commercial operations in 2026.
France Wants to Build Floating LNG Terminal at Le Havre
The French government is in talks with energy company TotalEnergies to build a floating LNG terminal in the northern port of Le Havre.
Industry Groups Welcome Biden Administration's Agreement with EU to Expand US LNG Exports
API President and CEO Mike Sommers and Energy Workforce & Technology Council CEO Leslie Beyer said their associations welcome President Biden's LNG export agreement with EU.
US, EU Strike LNG Deal as Europe Seeks to Cut Russian Gas
The United States will work to supply 15 billion cubic meters (Bcm) of LNG to European Union markets this year, as Europe seeks to wean itself off Russian gas supplies.
Chesapeake Energy Eyes Greater Role in LNG Market, CEO Says
U.S. natural gas producer Chesapeake Energy is seeking to become more involved in the growing liquefied natural gas (LNG) market, CEO Nick Dell'Osso said.
Shell Signs Deal to Receive LNG at Future German Brunsbuettel Terminal
Shell has committed to booking a substantial part of a yet-to-be built landing terminal for LNG at the North Sea port of Brunsbuettel, as companies strive to lower their dependency on Russian pipeline gas.
Italy Eying Two Floating LNG Plants to Cut Russia Gas Reliance
The units are expected to have a combined capacity of more than 10 Bcm and will be located close to existing pipeline infrastructure in the Tyrrhenian Sea and, possibly, in the Adriatic Sea.
Gasunie Talking with Germany Over Floating Terminals at New LNG Facility
Gasunie is in talks with Germany to use floating storage and regasification units in Brunsbuettel to help accelerate LNG imports as part of a plan to phase out dependence on Russian gas.
Australia's First LNG Import Terminal Seen Ready by Late-2023
Squadron Energy, the private company building Australia's first LNG import terminal, expects its Port Kembla facility in New South Wales to be ready to take its first gas shipment by the end of 2023.
NFE Announces LNG Agreements with Venture Global LNG
New Fortress Energy Inc. has entered two 20-year sale and purchase agreements with Venture Global LNG. Under the deals, Venture Global will supply 2 MTPA of LNG on a free on board (FOB) basis from its LNG facilities in Louisiana.
Infrastructure Rollout Will Enable Africa to Expand LNG Exports, Meet Global Demand
An increase in investment towards infrastructure development and gas E&P activities will enable Africa to position itself as a leading LNG exporter.
US Gulf of Mexico Brimming with LNG Tankers as Exports Rise
LNG export terminals are running near full capacity with U.S. exports in high demand amid Russia's invasion of Ukraine and Europe's drive to rebuild shrunken natural gas stocks.
Biden Administration Approves More LNG Exports to Europe
The Biden administration authorized additional exports of LNG from Cheniere Energy in a move that can likely help Europe deal with an energy crunch worsened by Russia's invasion of Ukraine.
US Natural Gas Inventories Near 5-Year Average
After starting the winter heating season (November–March) below its previous five-year average, the Lower 48 working natural gas in storage surpassed its five-year average in mid-December during one of the warmest Decembers on record.
Williams’ Expanded Transco System Delivers Record Volumes
Williams delivered a record amount of natural gas on its Transco interstate pipeline, providing essential and reliable service to natural gas distribution companies, electric power generators, LNG exporters and other customers located along the Eastern Seaboard and Gulf Coast.
New Midstream Heavy Crude Oil Processing Technique for Transportation
Transporting heavy crude oils through pipeline or by other transportation means is challenging, often requiring the petroleum industry to distribute via truck or rail and adding significant expense and hazards to transportation.
Whitney Fairbanks Named President of Cameron LNG
Fairbanks spent over a decade at Hunt Oil Company, where he managed Hunt LNG Operating Company, the operator of Peru LNG, consisting of a 4.4 MTPA LNG liquefaction plant and a 400-km natural gas pipeline.
Denmark Resumes Construction of Norway-Poland Gas Link
Construction of the Danish part of Baltic Pipe, which will connect Poland to Norwegian gas fields, is resuming following a nine-month hiatus
Shell Faces $400 Million Writedown on Russian Downstream Assets
In February, the oil major quit its ventures in Russia with Gazprom and related entities including the flagship Sakhalin 2 LNG plant and the Nord Stream 2 pipeline project.
US Push to Export LNG Amid Ukraine Crisis Slowed by Climate Concerns
White House efforts to boost U.S. LNG exports and cut Europe's reliance on Russian gas after the invasion of Ukraine are proceeding slowly, because of concerns about the impact on climate change.
Cheniere and Engie Increase Volume, Extend Term of LNG Agreement
Under the agreement, Engie has agreed to purchase approximately 0.9 MTPA of LNG from Cheniere on a free-on-board basis for a term of approximately 20 years, which began in September 2021.
TC Energy Offers 10% Stake in Coastal Gaslink Project to Indigenous Groups
TC Energy signed an option agreement to sell 10% stake in Coastal GasLink to Indigenous communities, in an attempt to give more authority to the groups who traditionally held the land for the pipeline project.
Remorseful Shell Abandons Russian Oil
Shell stopped buying Russian crude and said it would phase out its involvement in all Russian hydrocarbons from oil to natural gas over Ukraine, becoming one of the first major Western oil companies to abandon Russia entirely.
Enel Ready to Resume LNG Plan as Italy Steps Up Gas Hunt
Italy's biggest utility Enel is ready to dust off plans to build an LNG terminal in southern Italy as Rome steps up its efforts to find alternative supplies to replace Russian gas.
Europe's Plan to Wean Itself Off Russian Gas
The European Union laid out plans to cut its reliance on Russian gas by two-thirds this year and end it "well before 2030", in a bid to wrest countries free from depending on Moscow for energy.
Venture Global Says Shell to Buy LNG from Louisiana Plaquemines Plant
U.S. LNG exporter Venture Global LNG said that oil and gas major Shell has agreed to buy LNG produced at its proposed Plaquemines LNG export plant in Louisiana.
Hess CEO: Petroleum Reserve Releases Should Double, Quadruple to Aid Markets
Energy consuming nations should release more crude oil from their strategic reserves to bring down the skyrocketing price of petroleum products, the CEO John Hess said.
Exxon to Exit Russia, Leaving $4 Billion in Assets
The decision will see Exxon pull out of managing large oil and gas production facilities in Russia's Far East and puts the fate of a proposed multibillion-dollar LNG facility there in doubt.
- 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
