Processing/LNG
Opinion: Tough for China to Buy Enough U.S. crude, LNG
The big, unresolved question from the initial trade agreement between the United States and China is what happens if Beijing cannot meet the massive jump in required commodity purchases.
Epic Approves Second Greenfield Fractionator at Robstown Complex
EPIC Y-Grade will construct its second fractionator in Robstown, Texas, bringing the total fractionation capacity of the project to 270,000 bpd.
Asian LNG Prices Rise for First Time Since October
Asian spot prices for LNG edged up this week after almost two months of declines on new demand and amid signs that the U.S. was close to reaching a trade deal with China.
Vessel Loadings Show Record U.S. LNG Exports in Oct-Nov
U.S. exports of LNG set two consecutive records in October and November 2019, according to U.S. Energy Information Administration estimates. LNG exports averaged 5.8 Bcf/d with 52 exported cargoes in October and 6.3 Bcf/d with 55 exported cargoes in November.
FERC Approves Site Prep for Tellurian's Driftwood LNG Export Plant
Federal regulators said Tellurian can begin site preparation at the site of its proposed $27.5 billion Driftwood LNG export project, a facility that calls for major pipeline construction projects in Texas and Louisiana.
MET Energy Holding Plans Billion-Euro M&A Deals in Europe
Swiss-based MET Energy plans to expand rapidly in Europe over the next three years via acquisitions worth at least 1 billion euros ($1.10 billion) once a deal with Singapore conglomerate Keppel Corporation is finalized next month, MET's CEO said on Monday.
Asian LNG Buyers Target Record Low Prices in Contract Talks
Asian LNG buyers are starting talks with producers to renew long-term contracts due to expire over the next few years, aiming to secure all-time low prices in deals likely to set new industry benchmarks.
State Sponsored Qatari LNG Projects Could Hurt North American Projects
Proposed North American LNG export projects may face an uphill battle against Qatar, which announced plans to further ramp up production to hold onto its position as the world’s leading LNG exporter.
Billion-Dollar LNG Project in Southern Mozambique Expected in 2020
A final investment decision on a $3.15 billion liquefied natural gas (LNG) project near Mozambique’s capital will be taken around the middle of 2020, France’s Total and its partners in the project said on Wednesday.
FERC Approves Construction of Four LNG Export Projects in Texas
The U.S. Federal Energy Regulatory Commission (FERC) on Thursday approved the construction of four proposed liquefied natural gas (LNG) export facilities in Texas totaling about 6.2 billion cubic feet per day (bcfd) of capacity.
Dominion's Cove Point LNG Terminal Loads 100th Commercial Ship
Dominion Energy's Cove Point LNG Terminal said it loaded its 100th commercial LNG ship this week—nineteen months after the facility entered commercial service for natural gas liquefaction and export.
Mild Winter, Softer Economy Weaken Asian LNG Markets
LNG spot prices in Asia have dropped to seasonal lows on expectations of a mild winter depressing demand for gas for heating. A slowdown in China's coal-to-gas switch amid a weaker economy is also having an impact.
Leased Russian Tanker Heads for U.S. to Load LNG Cargo
A gas tanker once hailed by President Vladimir Putin as a bulwark of Russian energy security is heading for an LNG terminal in the United States, according to ship-tracking data from Refinitiv's Eikon.
Moda Midstream to Expand Loading Center, Evaluate New Pipeline
Along with expanding its Ingleside Energy Center to allow for VLCC loading, Moda Midstream is also evaluating building a new pipeline.
Energy Transfer Expects Supertanker Facility in Service by 2023
Energy Transfer said on Thursday that it is expecting to have its offshore export facility in Texas capable of loading supertankers in service by early 2023.
Cheniere Targets Early Start of Texas LNG Exports: First Half 2021
Cheniere Energy Inc said on Friday it expects to reach substantial completion of the third liquefaction train at its Corpus Christi LNG export plant in Texas earlier than previously expected in the first half of 2021.
EPCM to Build Pipelines for South Africa's First Helium Plant
Renergen said it has commissioned South Africa’s first commercial LNG and liquid helium plant and appointed EPCM Bonisana to install the pipeline and manage the interface.
Phillips 66 Beats Profit Estimates with Help from Midstream Assets
Phillips 66 midstream assets helped the company produce better than expected profits last quarter.
FERC Issues Commonwealth LNG’s Notice of Schedule for Environmental Review
FERC has issued a Notice of Schedule for Environmental Review for the Commonwealth LNG project.
Woodside Targets FIDs on Browse, Scarborough Gas Projects
Australia's Woodside Petroleum has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project. Combined, the projects would require construction of 826 miles of subsea pipeline
U.S. Sanctions Turkish Energy Operations
The United States has sanctioned Turkey’s energy ministry in response to the Turkish cross-border offensive in northeast Syria, including BOTAS, which operates the country's gas infrastructure and is party to gas import contracts.
In a Twist, LNG Takes NatGas Market Share in Europe
Europe’s two biggest suppliers of pipeline gas lost market share for the first time in at least four years as LNG imports into the region tripled between October and August.
Price Spikes in New England Limited by Natural Gas
It seems like each winter we see consumers in New England suffering not just from freezing temperatures but also the highest energy prices in the country – largely because there’s not enough natural gas infrastructure to serve the region during periods of peak winter demand. This past winter, the news was a little bit better.
Investors Flock to Finance Calcasieu Pass LNG Construction
Venture Global LNG said it has made a final investment decision to proceed with development of its $5.8 billion Calcasieu Pass liquefaction facility after financing was nearly two times oversubscribed with more than $10 billion in binding commitments.
Brazil’s LNG-to-Power Complex Funded; Phase 2 Underway
The Gas Natural Açu (GNA) joint venture between Prumo Logistica, BP and Siemens – developer of Brazil’s largest infrastructure project – has gained regulatory approval for LNG imports and satisfied lender conditions for $750 million in project financing to complete the 1.3 GW first phase of its LNG-to-Power complex at the Port of Açu.
Laguna-Aguascalientes Gas Pipeline Propels Growth in Mexico
It is estimated that by 2026 in Mexico, natural gas demand will double the total amount of natural gas produced in 2012. Meanwhile, the current conditions suggest production will increase 2.8% annually.
Global Oil Majors See Surge in Indian Demand for Natural Gas
Global oil and gas majors are looking to India, the world's third biggest oil importer, to buy some of their excess liquefied natural gas (LNG) as the South Asian nation improves its gas infrastructure and strives to reduce emissions.
Norway Gas Production to Decline in 2020 with Maintenance
Maintenance at Norway's natural gas fields and processing plants is scheduled to cut production capacity by some 5.35 Bcm in 2020, less than in 2019, according to a Reuters calculation based on data from system operator Gassco.
Exxon to Make $500 Million Initial Investment in Mozambique LNG Project
Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural gas (LNG) project in Mozambique.
Kinder Morgan Announces Commercial in Service of First Unit at Elba Island Liquefaction Facility
The Elba Liquefaction Company, L.L.C. (ELC), a joint venture between Kinder Morgan and EIG Global Energy Partners (EIG), has announced the commercial in service of the first of ten liquefaction units of the approximately $2 billion Elba Liquefaction project.
- 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
