Africa
European and Asian companies affected by U.S. pause on LNG export permits
U.S. President Joe Biden's administration announced a pause on pending and future permits to export LNG to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts.
Gas exporting group sees tight global LNG markets until 2026
The Gas Exporting Countries Forum sees tight global LNG markets until 2026 as demand rises 1.5% this year and up to 22% through 2050.
Gas, LNG prices to remain relatively weak in 2024 amid subdued demand
Global prices of gas and LNG are expected to remain relatively weak in 2024, with demand subdued due to high storage levels in Europe and Asia and a mild Northern Hemisphere winter.
Vopak consortium selected to operate new LNG terminal in South Africa
South Africa has selected a Vopak consortium as the preferred bidder to develop and operate a LNG terminal at the Port of Richards Bay for 25 years.
Algeria held oil and gas investment talks with ExxonMobil
Algerian energy minister Mohamed Arkab has discussed oil and gas investments in Algeria with the U.S. oil major ExxonMobil.
TotalEnergies to restart its delayed Mozambique LNG project in early 2024
French energy firm TotalEnergies plans to restart its long-delayed $20-B Mozambique LNG project in the first quarter of next year.
Shell sees $6 B in oil and gas investments in Nigeria
Shell sees a $5-B offshore oil investment opportunity in Nigeria and pledged to spend a further $1 B in five to 10 years to boost natural gas output for domestic supplies and exports, a presidential spokesperson said, citing Shell's director of upstream operations.
Countries in the Middle East and North Africa supply about one-third of global LNG
Exporting countries in the Middle East and North Africa region supplied nearly one-third (29%) of global LNG exports in 2022, according to data from the International Group of Liquefied Natural Gas Importers.
Nigeria and Germany sign $500 mln renewable energy and gas deal
Nigerian and German companies signed two accords in Berlin that include a $500-MM renewable energy pact and a gas export deal.
Environmental groups urge funding halt for TotalEnergies' Mozambique LNG project
Banks and other financiers should withdraw their support of TotalEnergies' $20 B LNG terminal in Mozambique, environmental lobby groups urged in a letter sent to more than two dozen project funders.
Mitigating Corrosion Under Insulation (CUI) with Liquid Coatings
The hidden dangers of corrosion under insulation (CUI) span the oil and gas industry from upstream operations to midstream infrastructure to downstream applications, including the production of liquified natural gas (LNG).
TES and University of Liège to complete first joint research on "e-NG for Closing the Carbon Loop from Morocco to Belgium"
TES and the Smart Grids group of the University of Liège have successfully wrapped up their first joint research aimed to evaluate the practicality and efficiency of creating carbon-neutral synthetic methane, also known as e-NG, in sun-rich areas of Morocco for use in Belgium.
Egypt's natural gas imports drop to zero from 800 Mf3d
Egypt's natural gas imports fell to zero from 800 Mf3d, leading to more power cuts.
Germany's Scholz says his country willing to invest in Nigerian gas, minerals
German Chancellor Olaf Scholz said his country was willing to invest in gas and critical minerals in Nigeria, Africa's largest oil producer, as he started a two-nation visit to sub-Saharan Africa.
Ghana hit by power outages due to limited gas supply
Several areas of Ghana were hit by power outages due to a drop in electricity generation after the West African country's power transmission company warned of limited gas supply for power generation.
TotalEnergies targets FID on Matola LNG by Sept 2024
French energy company TotalEnergies expects to take a final investment decision on a planned new LNG import terminal at Mozambique's Matola port by September next year.
IEA says "unprecedented" supply surge could lead to LNG glut from 2025
An expected strong rise in LNG production capacity will ease prices and gas supply concerns, but also risks creating a supply glut.
Amid gas scramble, Africa leads a boom in nimble export facilities
Africa is at the forefront of a global wave of new floating gas facilities as countries on the continent seek to meet surging demand in Europe as quickly and cheaply as possible.
Marathon Oil signs deal with Glencore for Alba gas in Equatorial Guinea
Marathon Oil said it has entered into a five-year LNG sales agreement with a unit of Glencore for a portion of its natural gas produced from the Alba Field in Equatorial Guinea, boosting its presence in the European LNG market.
Eni and partners to decide on Mozambique LNG investment by mid 2024
Italy's Eni SpA hopes to reach a final investment decision on its second floating LNG project in Mozambique by the end of June next year.
Niger bans exports of liquefied petroleum gas
Niger has banned all exports of LPG until further notice, the government said in a statement.
Egypt to resume LNG exports this month, minister says
Egypt, which faces growing demand for gas from its population of 105 million, will resume LNG exports this month as planned.
ADNOC top exec says oil and gas could remain relevant until 2050
Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.
Egypt approves GASCO project to increase capacity of Western Desert Gas Complex
Cabinet approves GASCO project to increase capacity of Western Desert Gas Complex with fourth production line of 600 MMcf/d.
North Africa will be Italy's key gas supplier for years, Eni top exec says
Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources said, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects.
Technip Energies launches SnapLNG by T.EN, a solution for low-carbon and accelerated time to market LNG production
Technip Energies presents SnapLNG by T.EN, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production and accelerated time to market with unparalleled certainty and plant reliability.
Three countries began importing LNG this year, and more will follow
Global LNG import capacity is set to expand by 16%, or 23 Bcf/d, by the end of 2024 compared with 2022.
Tanzania names new energy minister to oversee LNG development
Tanzania President Samia Suluhu Hassan named a new energy minister as part of a cabinet reshuffle, ahead of expected cabinet approval for a $42-B LNG project.
bp urges more gas and oil investment while speeding energy transition
Global oil major bp said the world must invest in the production of gas and oil to avoid sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.
Nigeria LNG's force majeure declared in October to continue
Nigeria LNG said the force majeure it declared in October due to widespread flooding that disrupted supply is continuing.
- Gasum powers Equinor's platform supply vessel with bio-LNG
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
