GLNG - Global LNG
Australia's future gas strategy needs to recognise value of LNG, industry says
Australian oil and gas producers have urged the government’s future gas strategy to stress the importance of LNG exports.
Australian gas firms need new strategy for declining market: IEEFA
A report recently released by the Institute for Energy Economics and Financial Analysis (IEEFA) warns Australian gas companies that a declining market will make it necessary for them to devise a new strategy in order to stay in business.
GLNG: PetroChina to expand LNG fleet fourfold
PetroChina to expand LNG fleet fourfold
State-owned China National Petroleum Corp. (CNPC) revealed ambitious plans to significantly ramp up its fleet of LNG vessels to position itself to take a larger slice of the pie in the global LNG resale market.
Germany’s Mukran LNG import terminal receives operating permit
Germany’s LNG import terminal at Mukran port on Ruegen Island in the Baltic Sea has been granted its final operating permit, the terminal’s operator, private firm Deutsche ReGas revealed.
Jamie Dimon calls US LNG pause "enormously naive"
Jamie Dimon, the chief executive of leading US investment bank JPMorgan Chase, harshly criticised President Biden’s LNG pause in his annual letter to shareholders.
Cedar LNG moves ahead with notice to proceed issued to EPC contractors
Pembina Pipeline and its partner the Haisla Nation have issued a notice to proceed to engineering, procurement, and construction contractors Black & Veatch and Samsung Heavy Industries for its Cedar LNG project the partners revealed.
Italy’s Piombino terminal receives first cargo from Eni’s Tango project
Italian gas grid operator Snam’s Piombino floating storage and regasification unit has received the first LNG cargo shipped from Eni’s Tango floating LNG terminal off the waters of the Republic of Congo.
TotalEnergies, Sonatrach expand partnership in Algeria
Angola and Brazil forge deeper ties in oil and gas collaboration
Angola and Brazil are poised to strengthen their collaboration within the oil and gas sectors, driven by their sustained growth trajectories and a shared vision for mutual development.
Lack of ice-breaking vessels puts damper on Russia’s Arctic oil and gas ambitions
Oil and gas projects in the Russian Arctic will need around 200 ice-class tankers to ship their production to markets by 2035.
Russian government, Novatek to provide $263mn in funding for domestic LNG equipment
The Russian government and the country’s biggest LNG exporter Novatek plan to provide $262mn in funding for the development of LNG industry equipment.
Vietnam unveils ambitious power plan: LNG, renewables & grid expansion
Vietnam has laid out a comprehensive roadmap for its power sector with Decision No. 262/QD-TTg. The plan prioritises a mix of imported liquefied natural gas, domestic gas, and renewable energy sources to achieve a total capacity of 56.3 GW by 2030
Shell seeks long-term US licence for Venezuela's Dragon Gas project
Shell is pursuing a long-term licence from the US before committing to the $1bn Dragon natural gas project in Venezuela near the maritime border with Trinidad and Tobago.
Brazil's oil and gas reserves grow in 2023 to 15.9bn barrels
Brazil posted sharply higher oil and gas reserves in 2023, with proven oil reserves up 6.98%, year on year, to 15.894bn barrels, according to the oil and gas regulator the ANP.
Mexico’s CFE, Engie sign $2bn agreement to expand Mayakan gas pipeline in Yucatan
Mexico’s state-owned utility CFE and Energía Mayakan, a subsidiary of the Engie group, have entered into an agreement to expand the Mayakan gas pipeline in Mexico’s Yucatan Peninsula with an investment of $2bn.
Egyptian Natural Gas Holding buys LNG for delivery next May
The Egyptian Natural Gas Holding Company (EGAS) bought at least one shipment of liquefied natural gas for delivery next May, as the country tries to avoid potential shortages in summer.
Tanzania to highlight $40bn LNG venture, potential gas projects at IAE 2024 summit
Tanzania is poised to take centre stage at the Invest in African Energy 2024 conference, slated for the middle of May in Paris. The East African country will highlight its ambitious $40bn LNG venture as well as other burgeoning gas prospects.
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