Natural Gas News

 

EU Sanctions Target Russian Gas for the First Time

Jun 21, 2024

European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, diplomats said on Thursday, including their first restrictions on Russian gas.The package bans re-exports of Russian liquefied natural gas (LNG) in EU waters but stops short of banning imports as the bloc did in 2022 for Russian seaborne oil. Some EU countries still import pipeline gas from Russia via Ukraine…

Italy's New FLNG Terminal to Be Operational by March 2025

Jul 12, 2024

Italy's gas grid group Snam SRG.MI said on Friday it expected a new liquefied natural gas (LNG) terminal to become operational by March 2025, allowing the country to diversify further its energy supplies.The floating terminal in the Adriatic…

Aramco, Sempra Set Sale and Purchase Terms for Port Arthur LNG Expansion Project

Jun 26, 2024

Saudi Arabian state-owned oil and gas giant Aramco and Sempra, one of North America’s leading energy infrastructure companies, have executed a non-binding Heads of Agreement (HoA) for a 20-year sale and purchase agreement (SPA) for liquefied natural gas (LNG) offtake of 5…

Full LNG Production Restored at Gorgon Facility in Australia

Jun 03, 2024

Chevron has resumed full liquefied natural gas (LNG) production at its Gorgon Gas facility in Australia, after a mechanical fault caused one production train to go offline in late April.'Chevron Australia has resumed full LNG production from…

Extreme Asian Heat Spurs LNG Demand Ahead of Summer Months

May 31, 2024

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April…

Gazprom Uses Replacement Vessel to Maintain Gas Loadings

Apr 01, 2024

Russia's Gazprom is using a replacement vessel for ship-to-ship loadings (STS) of liquefied natural gas from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.The floating storage and regasification…

TC Energy to Sell Prince Rupert Pipeline Project

Mar 14, 2024

TC Energy has agreed to sell its Prince Rupert natural gas pipeline project to two partners in Ksi Lisims LNG, a proposed Canadian export terminal, the North American pipeline operator said on Thursday.The pipeline project, which TC will sell…

Germany's Stade LNG Project Expects Floating Terminal in February

Dec 13, 2023

Germany's emerging liquefied natural gas (LNG) terminal in the Elbe river port of Stade expects its floating regasification vessel (FSRU) to arrive in February, allowing seaborne gas cargoes to be fed into local pipeline grids, its management said on Wednesday…

Environmental Groups Ask Lenders to Avoid LNG Project in Papua New Guinea

Dec 12, 2023

Major global lenders should refuse to finance a liquefied natural gas (LNG) project in Papua New Guinea to help keep global warming in check, civil society groups said on Wednesday, as some owners tap banks ahead of a final greenlight next year…

Vessel to Complete Mexico's First Floating LNG Plant Sets Sail

Dec 05, 2023

A storage vessel for Mexico's first liquefied natural gas (LNG) plant departed U.S. waters on Monday for Altamira, Mexico, according to ship tracking data, putting the offshore project on track to soon inaugurate exports.LNG developer New Fortress Energy last week said its 1…

Snam Finalizes Purchase of FSRU for Ravenna

Dec 04, 2023

Snam has finalized the 400 million euro acquisition of a new floating liquefied natural gas (LNG) terminal that will be located offshore from the city of Ravenna, the Italian gas grid operator said on Monday.The new ship dubbed BW Singapore has a storage capacity of about 170…

New FSRU Arrives in France as Greenpeace Blocks Port

Sep 18, 2023

A new LNG floating storage regasification unit (FSRU) arrived in western France on Monday morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.Demand for liquefied natural gas (LNG) in Europe has grown in the wake of the war in Ukraine…

Gazprom's First LNG Cargo via Arctic Destined for China's Jingtang

Aug 23, 2023

A liquefied natural gas (LNG) cargo from Russia's Gazprom being sent via the Northern Sea Route (NSR) for the first time is destined for the Chinese port of Jingtang, Refinitiv ship tracking data shows.The Velikiy Novgorod tanker was loaded at the Portovaya LNG plant on the Baltic Sea on Aug…

TotalEnergies Prepares for Mozambique LNG Restart

May 23, 2023

French energy company TotalEnergies will make good on an action plan to address the rights of residents near its Mozambique LNG project over the summer, the oil major said on Tuesday, taking a step closer towards a restart.'At this time there is no date for a restart…

Exxon Considers Selling Stake in LNG Terminal Offshore Italy

Mar 16, 2023

Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…

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Authorities Make Major Cocaine Bust in Port of Barcelona

Authorities Make Major Cocaine Bust in Port of Barcelona

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European Commission Urged to Take Action on Calves

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Roll Group Expands Heavy Gantry Capability in Indonesia

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Saipem Sees Business Opportunities in Green Ammonia, Offshore Wind

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