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Monday, 07 July 2025
Saudi Armaco, the world’s largest oil producer, is reportedly preparing to divest up to five plants that currently power its refineries. The sale could generate around $4 billion and is part of the Government’s strategy to streamline Aramco’s operations, cut costs and diversify assets.
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Friday, 04 July 2025
Australia’s oil and gas developer, Santos, the subject of a takeover bid from an Abu Dhabi led consortium, has signed a mid-term LNG supply contract with QatarEnergy Trading (QET).
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Friday, 04 July 2025
Major US LNG plant developer, Venture Global has signed a new 20-year sales and purchase agreement (SPA) with PETRONAS LNG (PLL), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS.
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Friday, 04 July 2025
Singapore-based engineering company, Seatrium has won another FSRU conversion contract from Kinetics, an energy transition company owned by Karpowership.
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Friday, 04 July 2025
Bangladesh’s state-run gas company RPGCL has issued a tender to buy two further spot LNG cargoes by mid-August. Bid submission deadline is on July 7.
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Thursday, 03 July 2025
In an update, US LNG plant developer, Delfin Midstream said it had agreed to an early works programme with Samsung Heavy Industries (SHI) and Black & Veatch to further detail FLNG vessel design specifications as a basis for a lumpsum turnkey engineering, procurement, construction, and integration (EPCI) contract.
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Thursday, 03 July 2025
In the first half of this year, Russia's LNG exports fell by 4.4% from a year earlier to 15.2 mill tonnes, LSEG preliminary data showed this week, amid international sanctions over Ukraine.
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Thursday, 03 July 2025
At the recent 29th World Gas Conference held in Beijing, Hudong-Zhonghua Shipbuilding (Group) unveiled two ship designs - a 201,000 cu m LNGC featuring a three-cargo tank design, and a 42,000 cu m carbon dioxide (CO₂) carrier.
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Thursday, 03 July 2025
Pakistan LNG Ltd (PLL) is looking to resell excess cargoes and considers storing tankers offshore. Excess term LNG deliveries could incur state energy companies nearly $400 million in losses, especially since the rapid solar PV build-out cuts short the need of burning gas for generating electricity.
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Thursday, 03 July 2025
Free ReadOrders for LNG-fuelled vessels reached 14.2 million gross tonnes in H1 2025 alone, more than 70% of the total alternative-fuelled tonnage ordered during the period, data from DNV’s Alternative Fuels Insight (AFI) platform shows. This surge reflects industry’s confidence in LNG as a scalable transitional fuel. DNV analysts see a…
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