Natural gas and oil prices firm
European natural gas benchmark prices rose strongly yesterday, as market participants reassessed the risks to winter supply, financial newswires reported.
Venture Global on track with project FIDs
US large LNG plant developer, Venture Global exported 127 cargoes and sold 466.4 TBtu of LNG in the second quarter of this year, an increase of 38 cargoes and 137.2 TBtu, or 42%, from the 2Q25 figures.
FEED contract awarded for Malaysian LNG terminal
French-based engineering and technology company Technip Energies has been awarded a front-end engineering design (FEED) contract for the Yan offshore regasification terminal project in Kedah, Malaysia.
Delfin appoints surveyor for its deepwater offshore project
Delfin LNG has awarded the offshore geophysical and geotechnical survey services for its Delfin Deepwater Port project, located offshore Louisiana, to TDI-Brooks.
All change at Grain LNG
The UK’s largest LNG terminal operator, Grain LNG, a 50/50 joint venture between Centrica and Energy Capital Partners (ECP), has appointed energy veteran, Peter Abdo as CEO, effective 1st October.
Abdo has had more than 30 years of experience across the global LNG, natural gas, power and commodities markets.
He was most recently Uniper’s CCO, LNG and Global Origination, where he led the company's global LNG activities, including trading, origination and shipping.
ADNOC Gas takes major projects’ FID
The UAE’s ADNOC Gas has awarded $8.2 bill in EPC contracts for Phases 2 and 3 of its Rich Gas Development (RGD) project in the Emirate.
ONGC to explore LNG opportunities with Shell India
India’s Oil and Natural Gas Corp (ONGC) and Shell Energy India have signed a non-binding memorandum of understanding (MoU) to explore joint opportunities in deepwater oil and gas exploration, plus LNG sourcing.
Algeria is Spain’s major gas supplier
Algeria has again increased its gas sales to Spain, confirming its position as the country's main supplier at 10,707 GW in July.
Honduras receives first LNG cargo
The first LNG cargo has arrived in Honduras under UK’s Centrica Energy's long-term sale and purchase Agreement (SPA) with local energy company, Exodus.
px to operate Bahamas’ new LNG terminal
px Group has been appointed by New Providence Gas as the operations and maintenance partner for the LNG import and regasification terminal under development at Clifton Pier in New Providence, The Bahamas.
px is a portfolio company of Ara Partners, a private equity and infrastructure firm focused on de-carbonising the industrial economy.
Under the multi-year agreement, px will support commissioning and operational readiness before assuming responsibility for the terminal’s long-term operation and maintenance.
This contract expands px Group’s presence in the Americas and adds a strategically important LNG asset to its international operations portfolio, the company said.
New Providence Gas is a joint venture between Shell, which holds a 40% interest, and Sun Oil, a subsidiary of FOCOL Holdings, which holds the remaining 60%.
The terminal is being developed to receive, store and regasify LNG for delivery as natural gas to power-generation facilities at New Providence, utilising an ECOnnect jettyless infrastrucure system.
