The US Mexico-Pacific Ltd (MPL) LNG project company based in Houston has joined with LNG engineering firm Bechtel Inc. on developing a Mexican liquefaction and export facility on the Pacific Coast using US natural gas as the feed gas and processing technology from ConocoPhillips.
Hilcorp Energy of the US, a major operator on Alaska's North Slope after the departure of UK major BP from the state, is now set to take over operations of the largest natural gas field run by ExxonMobil Corp. and which would underpin any future Alaska LNG export project.
Mongolia, the Central Asian nation between Russia and China, has established solar and wind projects, but most citizens and herders prefer hydro-electric power and wood, dung or coal to burn on home or yurt fires for heat, while welcoming plans for LNG fuel output.
Oil Search, the Papua New Guinea liquefied natural gas and oil player, posted impressive third-quarter results making the US$6.25-billion merger with Australian LNG plant operator Santos even more enticing as PNG LNG expansion plans also advanced.
The Arctic LNG II project being developed on the Gydan Peninsula in northern Siberia has amended a project financing agreement signed earlier in 2021 with several Russian banks to increase the maximum allowed under the facility
Free ReadCheniere Energy has entered into a binding liquefied natural gas sale and purchase agreement with a subsidiary of global commodities firm Glencore Plc. Under the SPA, Glencore has agreed to purchase about 800,000 tonnes per annum of LNG from Cheniere Marketing on a free-on-board basis for a term of around…
Russian natural gas company Gazprom has repaired pipelines and facilities nationwide in preparation for an increase in Russia’s winter supplies to domestic and foreign customers as prices for pipeline natural gas and LNG stay at very high levels.
Australian utility Origin Energy has sold a 10 percent shareholding in the Australia-Pacific LNG plant in Queensland for A$2.12Bln (US$1.58Bln) to a global investment fund.
Indian liquefied natural gas imports dropped by over 7 percent, even more than in the previous month, as the costs of LNG shipments soared and the nation’s supply security was enabled by offshore domestic natural gas pipeline supplies that jumped more than 26 percent.
Free ReadTellurian Inc., the owner of the Driftwood LNG export plant in Louisiana that has sealed supply deals with commodities trading firms Gunvor and Vitol, is transferring the listing of its own shares from the Nasdaq to the NYSE American, formerly known as the American Stock Exchange (AMEX) and now the…