Processing/LNG
BASF Shares Rise on Report of ADNOC Exploring Wintershall Dea Deal
Shares in chemicals giant BASF rose on Friday after a report that Abu Dhabi National Oil Co. (ADNOC) is exploring an acquisition of the German group's energy business Wintershall Dea.
Indian Oil Plans to Double Ennore LNG Terminal's Capacity
Indian Oil Corp., the country's top refiner, aims to double the capacity of its LNG import terminal at Ennore in southern India, Sandeep Jain, the company's executive director for gas business, said on Friday.
Santos Forecasts Lower 2024 Output as Bayu-Undan Gas Field Nears End of Life
Australia's Santos forecast a fall in 2024 output on Wednesday, as its Bayu-Undan gas field's life comes to an end and production from the West Australian offshore field declines.
CEZ Books 2 Bcm Capacity at German LNG Terminal
Czech majority state-owned utility CEZ has agreed to book 2 billion cubic meters (Bcm) of annual capacity at the Stade LNG terminal in Germany from 2027, Prime Minister Petr Fiala said on Thursday.
FERC Approves Full Operations Restart for Freeport LNG in Texas
U.S. liquefied natural gas (LNG) company Freeport LNG received approval to return part of its export plant in Texas to full operation, the Federal Energy Regulatory Commission (FERC) said on Wednesday.
Full Production Restored at Chevron's Gorgon LNG Facility After Electrical Incident
Full production has returned to a liquefied natural gas (LNG) train at Chevron's Gorgon facility in Western Australia, a company spokesperson said on Wednesday.
Nigeria, Germany Sign Gas Export Agreement
A gas export partnership deal was reached between Riverside LNG of Nigeria and Germany's Johannes Schuetze Energy Import AG. Under the agreement, Nigeria will annually supply 850,000 tons of natural gas to Germany, with expectations for this to rise to 1.2 million. The initial deliveries are scheduled for 2026.
Turkey Extends LNG Deal with Algeria for Three Years
Turkish state energy company Botas has signed a deal with Algerian state oil and gas company Sonatrach to extend their existing gas supply contract for three years, Turkey's energy minister said on Tuesday.
Capital Power Acquires Two Natural Gas-Fired Power Plants in US for $1.1 Billion
Canadian energy company Capital Power said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona for a net cost of $1.1 billion.
Venezuela Close to Approving Offshore Gas License with Trinidad, Shell
Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country, two people close to the matter said.
Endesa to Safeguard LNG-Focused Dividend Despite $570 Million Court Order
Spanish power utility Endesa said on Monday it plans to shield its dividend payment from the impact of a court order to pay $570 million following a price review of a long-term LNG supply contract.
Cedar LNG Secures Exclusive FLNG Shipyard Deal with Samsung and Black & Veatch
(P&GJ) — Pembina Pipeline and Haisla Nation, partners in the development of the proposed Cedar LNG Project, have signed an exclusive agreement with Samsung Heavy Industries and Black & Veatch for shipyard capacity.
Environmental Groups Call for Funding Halt to TotalEnergies' Mozambique LNG Project
Banks and other financiers should withdraw their support of TotalEnergies' $20 billion LNG terminal in Mozambique, environmental lobby groups urged in a letter sent to more than two dozen project funders on Friday.
ENI: Egypt Expected to Resume LNG Exports in December or January
Egypt is expected to resume exports of LNG in December or January as domestic demand declines during winter and as it receives more gas from Israel, an executive at Italy's ENI said on Tuesday.
CEZ Abandons Planned Polish LNG Terminal Capacity Over Disputed Conditions
Majority state-owned Czech utility CEZ has shelved a plan to secure capacity for LNG at a new Polish terminal because it was unhappy with the conditions offered, two sources with knowledge of the matter told Reuters.
DOE Rejects Repsol's Bid to Reopen Approval for Venture Global LNG Export Plant
The U.S. Department of Energy (DOE) on Tuesday rejected for a second time oil major Repsol SA's request to reopen regulators' approval of Venture Global LNG's Calcasieu Pass export plant in Louisiana.
U.S. Court Invalidates Sempra's Port Arthur LNG Permit Over Emission Limits
A U.S. court has removed an emissions permit for Sempra's Port Arthur LNG export terminal in Texas, potentially halting construction of the facility.
Snam to Invest $1.1 Billion in Ravenna Offshore LNG Terminal
Italian gas grid operator Snam will invest a total of $1.1 billion in a new LNG offshore terminal near Ravenna, the company's CEO said on Tuesday.
M6 System Expansion Nears Completion, Set to Enhance Gulf Coast Connectivity
(P&GJ) — A critical aspect of the M6 system expansion is the completion of the New Generation Gas Gathering (NG3) project, expected in 2024. This project will add approximately 275 miles of natural gas gathering pipelines and 2.2 Bcf/day of capacity to premium Gulf Coast and LNG markets, playing a pivotal role in serving the Gulf Coast market.
TotalEnergies CEO Predicts Continued Gas Market Volatility Until New Supply Emerges
The CEO of French energy giant TotalEnergies said on Tuesday that the LNG market will continue to experience volatility until new supply is available, but prices are reasonable compared to 2022.
Freeport LNG Plant in Texas Set to Resume Operations After Monday Shutdown
U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to return to service on Tuesday after all of its liquefaction trains shut on Monday, according to data from financial firm LSEG.
Capital Product Partners Adds 11 New LNG Carriers in $3.1 Billion Deal
Vessel owner Capital Product Partners said on Monday it has acquired 11 newly built LNG carriers from Capital Maritime for $3.1 billion, opting for more fuel-efficient engine propulsions as part of the global energy transition.
BP, Edison, Shell Ask US, EU to Intervene in Venture Global LNG Dispute
BP, Edison and Shell pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the U.S. firm's failure to deliver contract supplies of the fuel.
Glenfarne Energy Transition’s Texas LNG Selects Baker Hughes Gas Technology
(P&GJ) — Texas LNG and Glenfarne Energy Transition chose Baker Hughes to supply gas compression technology, including electric motor drives, for their four MTPA LNG export terminal in the Port of Brownsville, Texas.
Regulators Say Loss of Everett LNG Terminal Threatens New England Energy Reliability
A possible loss of the Everett Marine LNG terminal can jeopardize the reliability of New England's energy supply during extreme cold weather, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corp. said on Monday.
US Collaborating with Allies on Sanctions for Russian Arctic LNG Project
The U.S. is working closely with partner countries over sanctions on a Russian LNG project in the Arctic as a January deadline looms on a wind-down of transactions with the plant, a State Department spokesperson said on Wednesday.
Electrical Incident Curtails LNG Output at Chevron's Gorgon Facility
An "electrical incident" last month has curtailed the output of LNG at Chevron's Gorgon facility in Western Australia, a company spokesperson said on Thursday.
Environmental Group Urges FERC Not to Extend License for Tellurian LNG Plant
The Sierra Club environmental group on Wednesday urged the U.S. energy regulator to reject a request by liquefied natural gas developer Tellurian Inc. for a three-year extension to complete construction of its $25 billion LNG export facility.
Seaside LNG Expands LNG Bunkering in Galveston, Texas, to Fuel Carnival Jubilee
(P&GJ) — Seaside LNG and Carnival Corp. have entered into a term bunkering agreement to fuel the first LNG-propelled cruise ship to call Galveston, Texas, its homeport, the Carnival Jubilee.
Excelerate Energy Inks 15-Year LNG Supply Deal with Petrobangla
Under the deal, Petrobangla has agreed to purchase 0.85 to 1.0 million tonnes per annum (MTPA) of LNG from Excelerate for a term of 15 years beginning January 2026. Excelerate will deliver 0.85 MTPA of LNG in 2026 and 2027 and 1 MTPA from 2028 to 2040.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Evacuation Technologies to Reduce Methane Releases During Pigging
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Russian LNG Unfazed By U.S. Sanctions
