LNG

Shell Trinidad and Tobago has announced the final investment decision (FID) to start production at the Aphrodite gas field in the East Coast Marine Area (ECMA) offshore.

Venture Global has initiated full mobilisation and started site work at the company’s third LNG export facility, CP2 LNG.

Russia's oil and gas revenue fell by 35% year-on-year in May to Rubles512.7 bill ($6.55 bill), according to data from the country’s finance ministry this week.

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Vietnam’s Prime Minister, Phạm Minh Chính has welcomed US LNG company Excelerate Energy efforts to strengthen co-operation with his countries’ partners.

As Europe envisages shunning Russian gas and LNG by 2027, changes in trade patterns and strategies are likely to unfold.

India’s oil regulator has tightened up the rules for companies wishing to build new LNG import terminals or expand existing facilities.

Arctic shipping utilising the Russian-controlled Northern Sea Route (NSR) is poised for major growth this year.

LNG plant developer, Sempra has confirmed that the US Department of Energy (DoE) has issued a permit to the Port Arthur LNG Phase 2 project allowing the export of up to 13.5 mill tonnes per annum of US-produced LNG to countries that do not have a free-trade agreement (FTA) with the US.

The Philippines energy company, First Gen has revealed it’s selling 60% of its domestic gas business to Prime Infra in a deal worth Pesos500 bill ($890 mill).