GLNG - Global LNG
Pieridae Energy abandons plans to transport gas from Western Canada to Nova Scotia
The company is seeking to build a facility to export LNG from Nova Scotia, on Canada’s East Coast, to Europe.
Baker Hughes selected as main supplier of equipment for Port Arthur LNG
Houston-headquartered energy technology company Baker Hughes was selected by construction firm Bechtel on March 27 to serve as the main supplier of liquefaction equipment for Sempra Infrastructure’s Port Arthur LNG Phase 1 project.
Brookfield, EIG to acquire Origin for $12.4bn
Brookfield and EIG's MidOcean Energy consortium have agreed to purchase Origin Energy, which operates in the power and LNG markets in Australia. The acquisition is worth AUD18.7bn ($12.4bn) and will pay AUD8.91 ($5.9) per share.
Excelerate’s Excelsior FSRU will interrupt German charter for seasonal service in Argentina
Excelerate Energy has confirmed that its FSRU Excelsior will suspend its German charter to serve as an LNG import facility on a seasonal basis at the Bahia Blanca terminal in Argentina.
Shell signs third supply deal with MPL for supplies from Saguaro Energia
A subsidiary of Shell (UK) has signed a 20-year LNG supply contract with Mexico Pacific Ltd (MPL), the developer of Saguaro Energia.
Rio Grande LNG suffers another setback with Societe Generale withdrawal
French bank Societe Generale revealed on March 28 that it pulled out of NextDecade’s Rio Grande LNG project in Texas last year. It is the first time the bank has disclosed that it withdrew from the long-delayed LNG facility.
Carrier sale in Korea sends ripples through local, foreign LNG industry
South Korea’s premier LNG shipping firm, Hyundai LNG Shipping (HLS), has seen its leading investor put 100% of its stake in the regional carrier powerhouse up for sale.
Freeport LNG experiences rocky restart, cancels several March cargoes
Freeport LNG has cancelled up to four LNG cargoes scheduled to be delivered in March as the US’s second-largest export plant encounters bumps on its road back to full production after an eight-month long outage.
EU countries agree to seek legal option to curb imports of Russian LNG
European Union countries have agreed to explore a legal avenue to prevent Russian companies from sending LNG to member states.
Brookfield to invest in $13.4bn Australian renewables plan
Brookfield Asset Management is leading a consortium that will invest at least AUD20bn ($13.4bn) during the next decade to construct up to 14 GW of new renewable generation and storage facilities in Australia.
ADNOC, BP make joint offer for NewMed Energy
Gazprom LNG supplies to GAIL India to resume
A one-time subsidiary of Russian energy giant Gazprom is set to resume a long-standing LNG supply contract to GAIL India.
India considers building strategic LNG reserve
India is giving thought to creating a strategic reserve for LNG following serious supply storages and price fluctuations during the Covid pandemic and the war in Ukraine, according to the finance director at Petronet, Vinod Kumar Mishra.
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