For the first time in a decade, a massive new liquefied natural gas (LNG) project has been approved for construction in Australia, but the Scarborough venture's structure and market realities indicate it may well be the last of its kind.Woodside Petroleum and BHP Group gave final backing on Monday to the $12 billion plan to develop the Scarborough natural gas field off Western Australia and expand the onshore Pluto LNG plant to process the fuel…
Australia's Woodside Petroleum on Monday took a big step toward funding its biggest growth project, announcing the sale of a 49% stake in the planned expansion of its Pluto liquefied natural gas (LNG) plant in Western Australia.In a statement…
Chevron Corp and its partners in the Gorgon liquefied natural gas (LNG) project in Western Australia have agreed to buy carbon credits likely to cost more than $180 million as a penalty for failing to meet a five-year target for carbon capture and storage (CCS)…
Indonesian oil and gas regulator SKK Migas has approved the Plan of Development (POD) for the Ubadari gas field and Vorwata Carbon Capture Utilization and Storage (CCUS) project, as the next stage of development at the Tangguh LNG project in Papua Barat…
Singapore LNG Corp, operator of the city-state's liquefied natural gas (LNG) terminal, is designing a new facility to extract chemicals from the super-chilled fuel, in a project that could help boost the island's energy security.The company…
TotalEnergies, a France-based oil major with green energy aspirations, is partnering up with energy services giant Technip Energies to develop low-carbon solutions for LNG production and offshore facilities.As part of the partner-up, which the duo says is set up to accelerate the energy transition…
French energy major Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation…
U.S. oil and gas major Chevron has signed a deal with Japan's Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to Japan's Hokkaido area.Under the agreement, Chevron will supply Hokkaido…
Australian oil and gas company Santos on Tuesday announced a final investment decision (FID) has been taken to proceed with the US$3.6 billion gas and condensate project, located offshore the Northern Territory, Australia.The Barossa development will comprise a BW Offshore supplied FPSO…
Avenir LNG on Thursday announced the launch of the Avenir Allegiance, dubbed the world’s largest dual-purpose, LNG supply and bunkering vessel, built by CIMC Sinopacific Offshore & Engineering Co. (CIMC SOE).The vessel was launched at 7 am on January 27th…
Partners in Australia's North West Shelf (NWS) project have executed gas processing agreements for processing third-party gas through the NWS Project facilities.The agreements were signed with Woodside Burrup Pty Ltd (Woodside Burrup), in respect of gas from the Pluto fields…
Woodside Energy shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese companies a few months ago because of a growing diplomatic row between Australia and China, the company's chief said on Thursday.Chief…
French oil and gas major Total said Thursday it had delivered its first shipment of carbon-neutral liquefied natural gas (LNG) to the Chinese National Offshore Oil Corporation (CNOOC).Total explained that the carbon footprint of the LNG shipment…
Delta Offshore Energy (DOE), a company developing an offshore gas to power project in Vietnam, has signed a technology license agreement with Stena Power & LNG Solutions.Under the agreement, Stena will grant DOE a license to use its Jetty-Less…
India will gradually end federal controls on gas pricing as it seeks to attract foreign investment and technology to lift local output, oil minister Dharmendra Pradhan said on Friday.India, which is a large emitter of greenhouse gases and has multiple gas pricing regimes…