GLNG - Global LNG

Australia's Origin Energy warns of slower and more costly transition to renewables

Origin Energy reported a stronger full-year profit last week, boosted by higher contributions from its LNG operations and cost efficiencies.

ADNOC-led group delays finalising takeover of Australia's Santos

“The market is telling you there’s increased risk and uncertainty,” one analyst said.

Greece's Alexandroupolis FSRU starts back up

Greek gas company Gastrade has resumed operations at its floating LNG terminal in Alexandroupolis after a technical fault forced a shutdown earlier this year.

Seatrium, Karpowership pen letter on converting LNG carriers into FSRUs

Singapore’s Seatrium has signed a letter of intent with Turkish floating power plant company Karpowership to expand their partnership into new floating energy projects.

Centrica to acquire Isle of Grain LNG terminal in $2bn deal

Centrica announced last week it would buy the UK’s Isle of Grain LNG terminal in Kent with US private equity firm Energy Capital Partners for $2bn.

Iraq advances LNG floating terminal plans to meet energy needs

Saipem begins construction on BP’s $7bn integrated gas project off Indonesia

Italy’s energy engineering and construction group Saipem has launched fabrication work on BP’s $7bn integrated project in Indonesia, marking a significant step forward in the expansion of the country’s LNG capacity.

Indonesian company Cikarang Listrindo faces gas supply disruption after Pertamina field shutdown

PT Cikarang Listrindo has reported a disruption in its natural gas supply following an unexpected shutdown at Pertamina EP’s (PEP) Subang Gathering Station on August 5

Venture Global wins arbitration case with Shell over delayed cargo deliveries

Venture Global’s court victory over Shell has given the company confidence it will win its remaining court cases and has boosted the firm’s beatdown share price.

Asian LNG prices head south as markets await any Trump–Putin talks fallout

Some suggested Moscow may seek to reopen discussions on Arctic LNG 2, its 19.8mn tonnes per annum project, which is currently constrained by US measures.

China ramps up LNG imports after several sluggish months

Chinese LNG imports have climbed over the past month amid dropping prices and efforts to refill stock levels, reversing a trend of several months of declining imports;

Aramco continues asset monetisation with $11bn Jafurah deal

BlackRock-led consortium takes 49% stake in key gas infrastructure as questions emerge over the kingdom’s long-term strategy for its core energy assets

UK’s Centrica buys Grain LNG terminal

British energy firm Centrica has agreed to purchase the UK’s largest LNG terminal, Grain LNG from electricity and gas utility National Grid for GDP1.7bn.

TotalEnergies passes on investing in NextDecade’s Rio Grande Train 5

France’s TotalEnergies has chosen not to finance NextDecade’s fifth liquefaction unit at its Rio Grande LNG export terminal even as it prepares to commit equity to Train 4 at the project.

Tokyo Gas starts operations at subsidised solar plant in Kanagawa

Tokyo Gas has commenced electricity supply from the RYM Ogishima Solar Power Plant, a 2MWAC/3MWDC facility, to several district heating and cooling centres in Tokyo managed by its subsidiary, Tokyo Gas Engineering Solutions.