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Energy trader Gunvor posts record year after oil market turmoil
-5/5/2021 3:36:39 PM
Commodities trader Gunvor Group posted a record $1.66 billion gross profit for 2020 even though revenue fell by a third as its trading desks profited from the unprecedented volatility in the oil market triggered by the coronavirus pandemic.
Cheniere and Shell deliver carbon-neutral U.S. LNG to Europe
-5/5/2021 3:19:36 PM
U.S. liquefied natural gas company Cheniere Energy Inc said Tuesday it supplied a carbon neutral cargo to Royal Dutch Shell as part of a long-term agreement, joining a list of sellers neutralizing emissions as more buyers commit to environmental targets.
Australia's Origin locks in domestic gas supply tied to Asian LNG price
-5/5/2021 3:18:08 PM
Australia's Origin Energy said on Wednesday it has lined up a four-year natural gas supply deal with Australia Pacific LNG (APLNG) starting from 2022 that could help fill a shortfall looming in the country's southern states.
Total presses ahead with Papua LNG, sees 2023 investment decision
-5/5/2021 3:14:39 PM
French energy group Total said it had agreed with the Papua New Guinea government to proceed with a liquefied natural gas (LNG) project in the country, which had been delayed due to the pandemic, with a final investment decision due in 2023.
Russia and China set to ramp up small-scale LNG
-5/4/2021 1:40:34 PM
Russia and China will lead global small-scale liquefaction natural gas (LNG) capacity additions by 2025. According to a report “Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook, 2021–2025 – Russia and China Lead Global Capacity Additions” the global small-scale LNG liquefaction capacity is expected to expand by 30% over the next four years increasing from 33,900 thousand tonnes per annum (ktpa) in 2021 to 43,920 ktpa in 2025.
Asia LNG prices rally as China moves early on summer demand
-5/4/2021 1:38:00 PM
The price of spot liquefied natural gas (LNG) for delivery to north Asia has started its traditional summer rally early this year as buyers fret about the potential for supply shortages when the peak demand season arrives.
Brazil's Petrobras to offer natural gas contracts tied to U.S. benchmark
-5/4/2021 1:30:53 PM
Brazilian state-controlled energy company Petroleo Brasileiro SA said it will add the U.S. natural gas pricing benchmark as an option to future sales contracts with distributors.
Tennessee Valley Authority plans to shut coal plants by 2035
-5/4/2021 12:40:28 PM
The Tennessee Valley Authority, a U.S.-owned utility, confirmed on Monday it plans to shut four remaining coal plants by 2035
Heavy lifting and transport solutions for Saudi Aramco’s gas storage project
-5/4/2021 12:12:07 PM
Mammoet was awarded a contract by Samsung Engineering for heavy lifting and transport for The Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project
Bratislava port to get an LNG terminal (1)
-5/3/2021 6:44:25 PM
A liquefied natural gas (LNG) terminal, which will cost approx €40 million, is being built in a public port in Bratislava, Slovakia. The development of the LNG terminal in the public port of Bratislava is currently in the preparation phase, the port informed in its statement.
Santos and Eni sign MOU to collaborate in northern Australia and Timor-Leste
-5/3/2021 6:30:50 PM
Santos and Eni have signed a Memorandum of Understanding (MOU) to cooperate on opportunities in northern Australia and Timor-Leste.
LNG cargoes diverted from India as COVID crisis dampens demand
-5/3/2021 2:13:28 PM
LNG cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand
Indonesia to stop LPG and fuel imports by 2030
-5/3/2021 2:11:28 PM
Indonesia will stop both liquefied petroleum gas (LPG) and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target
Equinor LNG plant broke rules ahead of 2020 fire, watchdog says
-5/3/2021 2:06:49 PM
Equinor must fix a series of rule breaches exposed by a fire at its Melkoeya liquefied natural gas (LNG) plant in Norway last year for the plant to reopen, the country's safety watchdog said
Gazprom reports 89% profit fall in 2020, sees recovery this year
-4/30/2021 4:05:10 PM
Russia's Gazprom on Thursday reported an 89% fall in 2020 net profit to 135.3 billion roubles ($1.8 billion), hurt by lower prices and sales and a huge rise in costs including a foreign exchange-related loss, but it expects a recovery in 2021.
Silverstream Technologies completes trials onboard LNG carrier
-4/30/2021 3:56:06 PM
Clean technology company Silverstream Technologies announced that its pioneering air lubrication system, the Silverstream System, has delivered significant fuel and emissions savings during testing on the Shell-chartered 170,000 cbm LNG carrier Methane Patricia Camila.
Total estimates at least one year of delays to Mozambique project
-4/30/2021 3:48:05 PM
Total declared force majeure on its $20 billion LNG project in Mozambique and confirmed it had withdrawn all staff from the construction site following insurgent attacks last month.
U.S. LNG and pipeline exports on track for record high
-4/30/2021 3:45:08 PM
U.S. LNG and pipeline exports are on track to hit record peaks in April amid high prices in Europe and a steady decline in production in Mexico.
Rosneft aims to complete LNG plant feasibility study in 2021
-4/30/2021 3:39:50 PM
Rosneft plans to complete a feasibility study of an LNG plant in Russia's Far East this year and start marketing gas from the project.
CenterPoint to sell Arkansas, Oklahoma gas utilities for $2.15 B
-4/29/2021 7:17:53 PM
U.S. electricity provider CenterPoint Energy Inc said it has agreed to sell its natural gas utility businesses in Arkansas and Oklahoma to privately-held Summit Utilities for $2.15 billion in cash.
Iraq plans to import natural gas from Syria
-4/29/2021 6:49:18 PM
Iraq plans to import natural gas from Syria, the state-run Iraqi News agency reported, citing Iraqi oil minister Ihsan Abdul Jabbar.
Zachry-KBR JV to build Plaquemines LNG plant
-4/29/2021 6:16:01 PM
U.S. LNG company Venture Global LNG said that construction firm Zachry Group will work with engineering firm KBR Inc in a joint venture to build the first phase of the Plaquemines LNG export plant in Louisiana.
LNG spot price, tanker rates jump on global restocking demand
-4/29/2021 3:59:30 PM
Asian spot prices for LNG and shipping rates to carry the super-chilled fuel soared to unusual highs this week on the back of strong demand to restock gas inventories in Europe and Asia
Malaysia's Petronas adds new vessels to global LNG fleet
-4/29/2021 3:58:26 PM
Malaysia’s state oil firm Petroliam Nasional Bhd has expanded its global LNG fleet with three newbuild 174,000 cubic meters vessels
OPAL, NextEra Energy Marketing to build RNG facility in Minnesota
-4/28/2021 7:51:59 PM
Privately held OPAL Fuels LLC and a unit of NextEra Energy unveiled plans to build the first landfill renewable natural gas (RNG) production facility in Minnesota.

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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
What are “green technologies,” and why do we need them in gas processing and LNG?
Executive Viewpoint: GTI’s Hydrogen Technology Center makes big strides in H2 projects, advocacy
-Kristine Wiley
To address the many challenges and opportunities in the world’s energy future, the U.S.-headquartered, global-focused GTI recently launched a Hydrogen Technology Center with world-class research and development capabilities.
Regional Focus: India leaps forward on natural gas infrastructure
-Gordon Feller
The operator of Europe’s largest natural gas transmission network is working to invest in the Indian gas pipeline business.


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