Processing/LNG
Mexico Pacific Signs 20-Year LNG Deal with POSCO International
Mexico Pacific has finalized a 20-year sales and purchase agreement with POSCO International, a leading energy trading company from Korea.
Musk's xAI Accused of Running Unpermitted Gas Turbines at Tennessee Data Center
"Despite installing nearly 20 gas turbines with a combined capacity of about 100 MW - enough electricity to power around 50,000 homes - xAI apparently has not applied for any air permits for these turbines," the Southern Environmental Law Center said in a letter to the EPA.
Nigeria's NNPC Expands LNG Shipments to China and Japan
State-owned Nigerian oil company NNPC has expanded shipments of liquefied natural gas (LNG) cargoes to a port in China after its first delivery to Japan in June, it said on Monday.
Spotlight on Permian: Pipeline Activity Still Pushing Toward Texas-Louisiana Border
While most of the Permian Basin natural gas pipelines built in recent years have targeted LNG export markets south of the Houston area, two proposed intrastate projects have emerged within the last couple of years that will deliver Permian Basin gas to the Texas-Louisiana border region.
New Haynesville Pipeline Projects Near Completion Amid LNG Demand Surge
New pipeline projects in the Haynesville region, such as the 155-mile Louisiana Energy Access Pipeline (LEAP) expansion, are approaching completion to support the increasing LNG export demand from Gulf Coast facilities.
Freeport LNG Texas Export Plant Unexpectedly Shut During Routine Maintenance
U.S. liquefied natural gas company Freeport LNG said on Wednesday it shut its export facility in Texas due to the unexpected activation of a fire suppression system in the control room of the pre-treatment facility during routine maintenance.
Enbridge Predicts Rising Oil Demand Through 2050 as U.S. Supply Grows
Enbridge CEO Greg Ebel predicts global oil demand could surpass 110 million barrels per day by 2050, prompting significant investments in U.S. supply and LNG expansion.
Inpex Plans October Restart for Ichthys LNG's Train 2 Following Repairs
The production train at the plant in Darwin, Australia, was halted on Aug. 20 and is the plant's second train outage in the past month.
Exxon to Sell $1 Billion in Non-Core Permian Basin Oil Assets
Top U.S. oil company ExxonMobil is looking to sell oil assets in the U.S. Permian Basin that could fetch $1 billion, Bloomberg Law reported on Tuesday.
Norwegian Piped Gas Exports Could Rival Historic Highs in 2024, Gassco Says
Norwegian pipeline gas exports to Europe could approach a 2017 historic record this year, after rising 10% so far in 2024 following a decline in 2023, the head of system operator Gassco told Reuters on Tuesday.
Mexico Spotlight: Nation Moving Toward Role as LNG Exporter with Expansion Projects
In an ongoing effort, Mexico is developing 31 mtpa of LNG export capacity on its west coast, with most of the feed expected to come through imports — primarily from the United States.
CNPC Eyes Global Expansion, Aims to Revive Bold Dealmaking
CNPC, Asia's top oil producer, is reviewing its global strategy as it looks to revive dealmaking, eyeing gas liquefaction and deepsea drilling as well as building on its record of producing more from aging wells, the head of its research arm said.
Qatar Strikes Another 15-Year LNG Supply Deal with Kuwait
Qatar agreed on Monday to supply Kuwait with 3 million tons per annum of LNG for 15 years, the second such deal since 2020 as Kuwait imports the fuel to help meet rising demand for power generation.
U.S. Sanctions Hit Key Entities in Russia’s Arctic LNG 2 Project
The Arctic LNG 2 project by Russia's Novatek is subject to Western sanctions over Russia's conflict with Ukraine. The project had been due to become Russia's largest LNG plant with eventual output of 19.8 million metric tons per year of LNG from three trains.
New Zealand to Reverse Oil and Gas Exploration Ban, Ease LNG Import Rules
New Zealand said on Monday it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration and take urgent steps to remove regulatory hurdles to import LNG amid energy shortages.
Venture Global LNG Prepares Plaquemines Plant for Test-Mode Startup
Venture Global LNG received a vessel loaded with imported LNG this week and an authorization from a federal regulator to use nitrogen at its Plaquemines facility in Louisiana, signs of preparations for a test-mode start up.
Oil Tycoon Emmanuel Fritz Paret Acquires 100-Mile Natural Gas Pipeline in Kentucky Reserve Deal
The deal includes a 100-mile natural gas pipeline, which is crucial for supplying natural gas to Kentucky's aluminum industry, ensuring a steady energy flow.
Vietnam's Newest LNG Terminal Prepares for Commissioning with October Cargo
Vietnam's Cai Mep LNG terminal is seeking a cargo to initiate commissioning tests, two industry sources said, putting it on track to become the country's second terminal to bring in the fuel.
Tanker Arrives for Cooldown at Louisiana’s Plaquemines LNG Plant, Signaling Startup Phase
A tanker full of LNG has docked at Venture Global LNG's Plaquemines export plant in Louisiana, with another vessel, the Kwangyang, on its way to the facility, according to shipping data from LSEG on Friday.
Projects August 2024
Explore recent developments in energy infrastructure: Allseas completes the 163-mile Barossa pipeline, FERC approves Mountain Valley's $7.85 billion Virginia gas pipeline, Nigeria's AKK pipeline set for 2025 completion, Wison exits Arctic LNG 2, Enbridge faces Line 5 legal challenges, and more!
Global News August 2024
Latest industry developments from around the world!
Inpex Shuts One Train at Ichthys LNG Plant, Second Outage in a Month
One of the two trains at the Ichthys LNG plant in Darwin, Australia, has been shut since Aug. 20, operator Inpex Corp. said in an emailed statement on Thursday.
Russia's Novatek Postpones Arctic LNG 2 Third Line to 2028
Russian natural gas company Novatek has postponed the start of operations at the third line of the Arctic LNG 2 project to 2028 from 2026, RBC media reported on Thursday.
Editor’s Notebook: Alaska’s New LNG Pipeline Push Faces Long Odds
Pipeline & Gas Journal Exclusive: Alaska’s ambitious LNG pipeline project might seem like a game-changer, but significant hurdles remain. In this Editor’s Notebook, we dive into the latest developments, investor concerns, and what it all means for the future of U.S. energy exports. Can the Last Frontier overcome the odds?
Kuwait and Qatar Discuss New 15-Year LNG Supply Deal from North Field
The deal would see Qatar providing Kuwait with 3 million metric tons per annum of the seaborne fuel over 15 years from its North Field project, which is expected to commence operation in 2026, four of the sources said.
India's Petronet Signs 5-Year LNG Supply Deal with Sri Lanka's LTL Holdings
Indian state-run firm Petronet LNG said on Tuesday it signed a deal to supply liquefied natural gas to Sri Lankan engineering firm LTL Holdings' power plants in Colombo.
New Fortress Energy’s Fast LNG 1 Resumes Production After Maintenance Outage
New Fortress Energy Inc. has resumed production at its 1.4 MTPA Fast LNG 1 unit offshore Altamira, Mexico, following a scheduled maintenance outage.
Woodside Wins Approval for $12.5 Billion Scarborough Project After Green Group Backs Down
Woodside's $12.5 billion Scarborough gas project in Western Australia has all primary environmental approvals in place, the firm said on Monday, after a green group agreed to dismiss its challenge in a federal court.
Spain’s Cepsa Sells Iberian Gas Unit for $302 Million to Empresas Copec
Spain's second-largest oil company Cepsa has agreed to sell its liquefied gas division Gasib in Spain and Portugal to a unit of Chile's Empresas Copec for $302.42 million, the companies said on Friday.
Brazos Midstream Nears Completion of 175-Mile Gas Pipeline in Midland Basin
The pipeline network covers several counties including Ector, Howard, and Midland, and will connect to 10 compressor stations. Once this phase is completed, Brazos will manage around 260 miles of gathering pipelines in the Midland Basin.
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export 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
- 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
