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Australian oil and gas developer, Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, to establish a framework to collaborate on LNG project development, engineering services and shipping logistics.
Last month, Swiss-based trading house, BGN handled its inaugural physical LNG cargo at the Mukran FSRU facility, utilising the chartered LNGC ‘Celsius Gandhinagar’.
If the Brent crude oil market begins to “flirt with contango,” OPEC+ will likely cut production, Rystad reckons. The primary goal of oil and gas producers remains maintaining a backwardated market structure, with crude prices impacting oil-indexed gas and LNG contracts.
United Energy LNG (UE LNG) is working on a scalable liquefaction platform to serve industry, power gen, and transport markets. Front-End Loading (FEL) Phase 1 is underway at a site in Houston, a second site is underway, and a third site in Kansas set to start FEL in a few…
Major US export plant developer, Venture Global’s  subsidiary, Venture Global Plaquemines LNG, has closed an offering of $4,000,000,000 aggregate principal amount of senior secured notes.
The Italian Government is to debate a long-awaited measure to offer gas at reduced prices to energy-intensive companies by the end of this month, the country's energy minister said yesterday.
Petroliam Nasional Berhad (PETRONAS) has reported the successful departure of its first LNG cargo from the newly opened LNG Canada facility in Kitimat, British Columbia.
GTT has signed of a Joint Development Project with seven major maritime players to design a next-generation LNGC.
Novatek’s Arctic LNG 2 project is back with the apparent restart of a 9 bcm/y liquefaction train. The carrier Iris reportedly departed from the terminal, direction Murmansk. Analysts doubt Novatek has found a buyer for its sanctioned product.
Start-up of the first repowered block of Taipower’s Hsinta plant is accelerating Taiwan’s switch from coal to LNG-fuelled power generation. The Government is actively promoting new nuclear and LNG in an effort to decarbonise.