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International lenders back $9.5 billion financing for Russia's Arctic LNG 2 - document
-9/18/2020 2:25:51 PM
International lenders have lined up about $9.5 billion (7.33 billion pounds) in financial support for a Russian Arctic liquefied natural gas (LNG) project, a document seen by Reuters showed, even as such projects come under greater scrutiny over climate concerns.
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U.S. natgas futures slide to 7-week low as output rises after Hurricane Sally
-9/18/2020 2:20:06 PM
U.S. natural gas futures slipped 2% on Friday to a seven-week low with output rising as Gulf of Mexico producers return wells shut for Hurricane Sally. That price decline came despite an increase in U.S. liquefied natural gas exports to their highest since April as rising global prices in Europe and Asia make U.S. gas more attractive.
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Pandemic to trim China's 2020 gas demand growth to 4.2%
-9/18/2020 2:17:57 PM
China's natural gas consumption is expected to grow at 4.2% in 2020, the slowest pace in five years, a government research report said, after the coronavirus pandemic slowed economic activity and dented demand for energy.
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Eni proposes building bio-refineries in Abu Dhabi
-9/18/2020 2:12:37 PM
Italy’s Eni has proposed building bio-refineries in Abu Dhabi, the energy group’s chief executive Claudio Descalzi said.
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Aker group's owner eyes less dependence on oil
-9/18/2020 1:56:48 PM
Norway's Aker ASA will create more value from IT and low carbon energy businesses in the next decade than from its traditional oil and gas operations, billionaire investor Kjell Inge Roekke said.
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Pepperl+Fuchs expands portfolio of Industry 4.0 solutions with DeviceMaster® products
-9/17/2020 4:53:55 PM
With the 2019 acquisition of Comtrol Corporation, Pepperl+Fuchs expanded its portfolio of Industry 4.0 solutions. Enhancements include DeviceMaster gateways, which have recently been fully integrated into the Pepperl+Fuchs’ product line.
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Bright Sensor SA secures funding to develop second-generation, state-of-the-art gas sensor
-9/17/2020 4:06:07 PM
Bright Sensor SA, the Swiss based gas sensor and analyzer manufacturing company, has secured a 10-year CHF 900.000 ($989,385 USD) loan guarantee from the Technology Fund of the Swiss government`s Federal Office for the Environment (FOEN). Bright Sensors is working to further develop its second-generation state-of-the-art gas sensor aimed for increased energy efficiency, CO2 reduction, biomethane and hydrogen applications.
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H2scan deploys new automated sensor calibration manufacturing technology
-9/17/2020 3:29:14 PM
H2scan has announced its new proprietary automated sensor manufacturing (ASM) capability, a cutting-edge system that combines hardware and custom-built software to automatically track, calibrate and analyze H2scan sensors throughout the production process.
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LNG-related solutions provider Hygo looks to raise $485 million in U.S. IPO
-9/17/2020 3:06:57 PM
LNG solutions firm Hygo Energy Transition Ltd, which is owned by Golar LNG, is looking to raise up to $485 million in its initial public offering, according to a regulatory filing.
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Hyundai Samho delivers world's first LNG-powered very large container ship
-9/17/2020 3:01:20 PM
South Korean shipbuilder Hyundai Samho Heavy Industries Co Ltd has delivered the world’s first very large container ship powered by LNG to Singapore’s Eastern Pacific Shipping Pte Ltd.
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U.S. energy firms tally damages from Hurricane Sally, begin restarts
-9/17/2020 2:49:14 PM
Storm-tossed U.S. offshore energy producers and exporters began clearing debris on Thursday from Hurricane Sally and booting up idle Gulf of Mexico operations after hunkering down for five days.
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Two-thirds of process industry companies anticipate fully autonomous operations by 2030
-9/16/2020 3:56:06 PM
Yokogawa Electric Corporation revealed the results of a global end-user survey on the outlook for industrial autonomy*, which shows that 64% of respondents from companies in process industries are anticipating fully autonomous operations by 2030.
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LNG-fueled tankers to more than double by 2030
-9/16/2020 2:47:19 PM
The number of ships fueled by LNG are expected to more than double by 2030, driven by the shipping industry's desire to cut emissions.
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Hurricane shifts from offshore U.S. oil fields, heavy rains to dampen fuel demand
-9/16/2020 2:34:25 PM
Hurricane Sally crawled offshore along the U.S. Gulf Coast on Wednesday, moving away from oil fields while soaking the region with heavy rains that could dampen fuel demand in the U.S. southeast.
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Germany offered to build LNG terminals to avert U.S. pipeline sanctions
-9/16/2020 2:13:16 PM
Berlin offered to spend 1 billion euros ($1.2 billion) to build two LNG terminals in a bid to dissuade the United States from imposing sanctions over the Nord Stream 2 pipeline, due to bring gas directly from Russia to Germany.
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Aramco facility, Khurais to join prestigious WEF Global Lighthouse Network
-9/16/2020 2:00:53 PM
The World Economic Forum (WEF) has recognized Aramco’s Khurais oil facility as a leader in the adoption and integration of cutting-edge technologies of the Fourth Industrial Revolution (4IR). Khurais is the company’s second facility, after Uthmaniyah Gas Plant, to be included in WEF’s prestigious Global Lighthouse Network.
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Australia pushes gas growth to boost economic recovery
-9/15/2020 4:57:41 PM
Australia's government has set out a strategy to boost gas supplies and drive down energy prices, including a possible state-funded gas-fired power plant, as part of an effort to drive economic recovery after COVID-19.
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U.S. natural gas flat as cooler weather offsets lower output from Hurricane Sally
-9/15/2020 4:48:32 PM
U.S. natural gas futures were little changed on Tuesday as forecasts for milder weather over the next two weeks offset an output decline as producers shut some Gulf of Mexico wells before Hurricane Sally smashes into the coast.
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More U.S. oil and gas producers, refiners shut ahead of hurricane
-9/15/2020 4:41:28 PM
More than a fifth of U.S. offshore oil production was shut and key exporting ports were closed on Tuesday as a precaution ahead of Hurricane Sally’s landfall on the U.S. Gulf Coast, the second significant storm to shutter oil and gas activity over the last month.
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BP and Microsoft form partnership to drive digital energy innovation and net zero goals
-9/15/2020 4:01:39 PM
BP and Microsoft Corp. announced that they have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net zero carbon goals of both companies.
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Argentina pitches pipeline to Brazil for Vaca Muerta shale gas
-9/15/2020 3:50:50 PM
Argentina is making a new push to pitch the building of a billion-dollar gas pipeline from its Vaca Muerta shale gas reserves to Brazil, and is seeking financing for the project.
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Dow to sell U.S. Gulf Coast marine, terminal operations for $620 million
-9/15/2020 3:16:00 PM
Dow Inc has agreed to divest some of its U.S. Gulf Coast marine and terminal operations to a joint venture owned by Royal Vopak and BlackRock's Global Energy & Power Infrastructure Fund for $620 million.
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Glenfarne seeks five more years to build Louisiana Magnolia LNG export plant
-9/14/2020 9:47:19 PM
Units of Glenfarne Group LLC and Kinder Morgan Inc have asked federal regulators for five more years to complete the Magnolia LNG export plant and associated gas pipeline expansions, according to filings.
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U.S. natgas futures rise near 2% as output falls ahead of Hurricane Sally
-9/14/2020 9:35:57 PM
U.S. natural gas futures rose near 2% as LNG exports continued to rise and output dipped as Gulf Coast producers shut some production before Hurricane Sally smashes into the Gulf Coast.
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Pennsylvania orders Sunoco to reroute section of Mariner East 2 NGL pipe
-9/14/2020 8:57:09 PM
Pennsylvania environmental regulators ordered Energy Transfer LP's Sunoco Pipeline unit to reroute a section of the Mariner East 2 natural gas liquids pipeline after spilling 8,000 gallons of drilling fluid in Marsh Creek State Park.
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