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NEWS ARCHIVE



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L.A. Turbine releases ARES AMB Turboexpander-Compressor
-7/13/2018 3:37:41 PM
L.A. Turbine (LAT) announced the release of the first ARES Active Magnetic Bearing (AMB) turboexpander-compressor designed for a 200MMSCFD gas processing plant.
SGS and Baker Hughes GE Partner on Predictive Corrosion Management solution
-7/13/2018 3:35:41 PM
SGS and Baker Hughes, a GE company have announced a Strategic Alliance Agreement (SAA) for the joint deployment and commercialization of BHGE’s real-time software and sensor-based Predictive Corrosion Management (PCM) solution.
Natural gas-fired electricity generation this summer expected to be near record high
-7/13/2018 3:30:02 PM
EIA’s July 2018 Short-Term Energy Outlook (STEO) expects natural gas-fired power plants to supply 37% of U.S. electricity generation this summer (June, July, and August), near the record-high natural gas-fired generation share in summer 2016. EIA forecasts the share of generation from coal-fired power plants will drop slightly to 30% in summer 2018, continuing a multi-year trend of lower coal-fired electricity generation.
Keynote Announcement: Kristen Holmquist, Forecasting Specialist, Poten & Partners
-7/13/2018 3:24:37 PM
Join Hydrocarbon Processing's second keynote speaker, Kristen Holmquist, Forecasting Specialist at Poten & Partners, as she discusses the implications of LNG structural changes on project finance and markets in her presentation, "Changing LNG contract structures."
NLNG awards FEED contracts for Train 7
-7/13/2018 1:34:43 PM
Nigeria LNG Limited (NLNG) has awarded the contracts for Front End Engineering Design (FEED) of its planned plant expansion project, Train 7, to B7 JV Consortium and SCD JV Consortium, inching closer to realising its expansion goals of increasing liquefied natural gas production output from 22 Million Tonnes Per Annum (MTPA) to 30 MTPA.
BCCK Holding Company Appoints Bob Swann as Director of Project Management and Controls
-7/13/2018 12:06:33 PM
MIDLAND, Texas – BCCK Holding Company (BCCK), a leader in engineering, procurement, fabrication and field construction services, has appointed Bob Swann as director of project management and controls.
Total closes acquisition of Engie’s upstream LNG business, becomes world #2 LNG player
-7/13/2018 11:35:50 AM
Total announces the closing of the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion. Additional payments of up to $ 550 million could be payable by Total in case of an improvement in the oil markets in the coming years.
GTT receives an order from Samsung Heavy Industries for the tank design of a new LNG Carrier
-7/12/2018 12:22:01 PM
GTT has received a new order from Samsung Heavy Industries (SHI) concerning the tank design of a new 174,000 m3 LNG carrier, on behalf of a European ship-owner. The delivery of the ship is planned for the third quarter 2020.
Alaska officials still confident on China natural gas partnership
-7/12/2018 11:15:55 AM
Alaska officials said they remain confident that China will help the state achieve its decades-old dream of building a pipeline to carry now-stranded natural gas from the North Slope to markets, despite growing U.S.-China trade tensions.
Exxon expands Mozambique LNG project to cut costs ahead of bank talks
-7/12/2018 11:08:56 AM
Exxon Mobil will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book the plant’s supply and formally tap lenders in September, the company told Reuters.
Inpex to ship first Ichthys LNG cargo by end of Sept
-7/11/2018 2:08:24 PM
Inpex said it expects to ship first liquefied natural gas (LNG) cargo from its Ichthys project in Australia by end of September after safety issues resolved, maintaining earlier schedule.
Honeywell to provide cryogenic gas processing plant to Navitas Midstream Partners
-7/10/2018 11:16:52 AM
Honeywell announced that its UOP Russell business will provide a gas processing plant to Navitas Midstream Partners, LLC. The 200-million-cubic-foot-per-day nameplate capacity plant will remove natural gas liquids (NGLs) from natural gas produced from several counties in the Midland Basin.
Cheniere to launch first U.S. LNG futures contract
-7/10/2018 10:31:05 AM
(Reuters) - CME Group Inc and Cheniere Energy Inc said they will launch the first physically deliverable liquefied natural gas futures contract with delivery to Cheniere’s Sabine Pass LNG export terminal in Louisiana.
Cyprus to invite expressions of interest for gas procurement 'soon'
-7/9/2018 10:30:02 AM
ATHENS, (Reuters) - Cyprus plans to invite expressions of interest for the supply of natural gas soon, the head of its natural gas public company said, as it moves to cut its reliance on heavy fuel oil. Oil and gas company Energean said it had offered to build a pipeline from its Israeli offshore gas fields and sell 0.5 to 1 billion cubic metres of gas a year to the island.
Siemens, China's SPIC eye link-up in gas turbines
-7/9/2018 10:23:25 AM
ZURICH, (Reuters) - Siemens and China’s State Power Investment Corporation (SPIC) have entered into a memorandum of understanding confirming their intention to collaborate on heavy-duty gas turbines, the German group said.
Australia regulator finds safety problems on Inpex offshore gas platform
-7/9/2018 10:05:35 AM
MELBOURNE, (Reuters) - An Australian regulator said it had found some safety problems on the offshore gas platform for Japanese firm Inpex Corp's Ichthys LNG project off northern Australia and was considering enforcement action.
Pertamina discontinues LNG terminal project, seen as unfeasible
-7/9/2018 10:03:12 AM
JAKARTA,(Reuters) - Indonesia's state owned energy holding company, Pertamina, has decided not to go ahead with what would have been the country's second land-based receiving terminal for liquefied natural gas (LNG), its chief executive said.
Rovuma LNG Phase 1 development plan submitted to government of Mozambique
-7/9/2018 9:37:37 AM
MAPUTO, Mozambique--(BUSINESS WIRE)--Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique.
China keeps LNG off tariff list for now
-7/6/2018 4:07:03 PM
China’s omission of liquefied natural gas (LNG) from its vast list of U.S. products that face hefty import duties from Friday has preserved a potential weapon should the trade war with Washington deepen.
Shell: An exciting time for floating LNG projects
-7/6/2018 4:01:16 PM
As natural gas is fundamental to the energy transition, companies are welcoming FLNG, which have a smaller environmental footprint.
Natural gas execs see 'century of supply' in U.S. shale
-7/6/2018 3:09:06 PM
Natural gas production from U.S. shale fields can keep growing for decades, giving Washington a powerful diplomatic tool to counter the geopolitical influence of other energy exporters such as Russia, industry executives and government officials said at a conference here.
Japan's Inpex delays production from giant Australia gas project
-7/5/2018 4:09:13 PM
Ichthys will send gas from an offshore central processing facility through an 890-km (550-mile) pipeline to the mainland near the city of Darwin, where it will be processed into LNG for export.
Peninsular Malaysia remains over-contracted in gas through to 2023; stronger demand in East Malaysia
-7/5/2018 3:12:26 PM
The market will remain in an oversupply situation with uneasy competition between piped gas supply and LNG imports.
Natural gas supply and consumption grow significantly from the first half of 2017 to the first half of 2018
-7/5/2018 2:27:18 PM
Natural gas supply and consumption have grown significantly from the first half of 2017 through the first half of 2018.
Taiwan agrees preliminary LNG purchase deal with U.S. producer
-7/5/2018 2:23:22 PM
Taiwan’s CPC Corp announced a preliminary deal to buy liquefied natural gas (LNG) from U.S. producer Cheniere Energy for 25-years, according to a statement.

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FEATURED COLUMNS

Editorial comment
-Adrienne Blume
According to GIIGNL’s 2018 Annual Report, global LNG trade expanded by 3.5 Bft3d in 2018, to 38.2 Bft3d—a record 10% increase.
Power, LNG projects drive pipeline construction in Africa
-Shem Oirere
Increasing public investment in gas-fired power plants in Africa, the continuing recovery in global oil prices and persistent insecurity in key producer markets, such as Nigeria, are likely to impact gas transmission pipeline projects on the continent, even as more international companies express interest in the region’s stranded gas resources.


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