UK-based engineering firm Wood Plc has been chosen as lead consultant for an independent study of the next big potential Asia-Pacific LNG export project, the Greater Sunrise Development using gas resources from the Timor Sea.
A Federal judge in Louisiana has put the US Department of Energy’s pause on liquefied natural gas export permits on hold in a setback for the Biden Administration’s more radical measures to mitigate climate change by curbing gas industry emissions.
Egypt, the nation with oil and gas reserves and which imports and exports LNG, is now planning to secure large quantities of US ethane made from shale gas to avoid shortages of fertilisers and a food crisis because of an acute shortage of natural gas in the domestic market.
Free ReadNew Fortress Energy Inc., the US LNG and power company that owns and operates facilities in five countries, has agreed to sell its small-scale liquefaction and storage facility in Miami in Florida. The facility is being sold to a US middle-market infrastructure fund, which NFE declined to name along with…
Australia said that liquefied natural gas demand is expected to increase by just under 2.5 percent in 2024, largely driven by the needs of customers in Asia-Pacific nations and by market dynamics in China.
Saudi Arabian Oil Company (Aramco), which recently signed two US LNG accords in Texas, has awarded contracts worth $25 billion to boost its own strategic natural gas production in the Middle East Kingdom.
Gazprom shareholders have just held their annual general meeting and despite Western sanctions wiping out profits in the past year and leading to a net loss, one of the world’s largest gas companies has started rebuilding new markets to replace the European Union.
Free ReadA German onshore LNG import terminal project has formally started construction using Spanish regasification terminal expertise at Stade, on the Elbe Estuary between Hamburg and Cuxhaven. The project called the Hanseatic Energy Hub has just held a ground-breaking ceremony at the site of the project and attended by executives of…
The number of liquefied natural gas cargoes pointing at Asian import terminals and being delivered this week increased as prices also edged higher while European natural gas benchmark values declined as storage levels roseacross Europe.
ExxonMobil Corp. and its partners in the huge oil and gas discoveries offshore the tiny nation of Guyana in the northeast corner of South America are moving forward on an LNG export project.