US based UGI Energy Services (UGIES), a subsidiary of UGI Corp, has commissioned a new LNG facility at Carlisle, Pennsylvania.
A consortium of domestic private equity fund (PEF) managers, IMM Private Equity and IMM Investment have claimed that they have signed the deal to sell Hyundai LNG Shipping to an affiliate of Indonesia’s Sinar Mas Group, despite opposition to the sale to an overseas company.
Osaka Gas seeks to expand its oversees LNG business via US upstream and power plant investments through subsidiary Sabine Oil&Gas, with Texas shale gas production expected to reach 3.8 mt LNG-equivalent this fiscal year.
Global climate finance commitments remain stuck at $100 billion annually – far below the $300 billion target. The widening finance gap and slow coordination on carbon policy translate into a growing role of LNG in Asia’s energy mix, particularly in emerging markets.
Negotiations are underway to sell Hyundai LNG Shipping to Indonesian conglomerate, Sinar Mas.
Abu Dhabi’s energy giant, ADNOC has approved a $150 bill capital spending plan from 2026 to 2030.
Oman’s Sohar Port and Freezone, in partnership with Oman Arab Bank and another local Omani bank, has signed a finance agreement worth $220 mill to support expansion projects in the southern area of the port.
Russia is urging China to ensure the necessary conditions for implementing its Arctic LNG projects that involve Chinese companies.
Golar LNG has closed and drawn a new $1.2 bill asset backed debt facility agreement with a consortium of banks.
WhiteWater has announced an expansion of Eiger Express, adding 1.2 Bcf/d of incremental transport capacity to increase LNG feedgas supply for US Gulf Coast terminals. The mid-2028 in-service date will not be affected by the expansion.