GLNG - Global LNG
New Fortress Energy faces market backlash
New Fortress Energy (NFE) faced a harsh market reaction on August 9 as its shares tumbled 25% on the Nasdaq.
Petronas facing operational woes at one of Malaysia’s three LNG export plants
Malaysia's state energy firm, Petronas, has requested some of its buyers defer scheduled LNG cargo loadings from one of its export plants due to operational issues.
Petronas unveils supplier support programme to boost sustainability in OGSE sector
Petroliam Nasional Bhd (Petronas) has launched a Supplier Support Programme (PSSP) to motivated Malaysia's oil and gas services and equipment (OGSE) suppliers to integrate sustainability practices into their operations
Sembcorp temporarily shuts down the Myanmar power plant amid unrest
Singapore-based Sembcorp Industries announced that it has temporarily halted operations at its natural gas-fired power plant in Myingyan, Mandalay Region, Myanmar, due to ongoing security concerns
ADNOC Gas announces Q2 results and dividend increase
ADNOC Gas has reported financial results for Q2, exceeding market expectations with an adjusted net income of $1.19bn, marking a 21% year-on-year increase and driving a sizeable increase in dividends.
Rivals not expected to challenge Woodside’s bid for Tellurian
Australia’s Woodside Energy is not expected to face any competitor bids in its purchase of US LNG developer Tellurian.
VTTI buys 50% stake in UK’s Dragon LNG terminal
Dutch energy infrastructure firm VTTI has acquired a 50% stake in the UK’s Dragon LNG terminal.
UK plans new LNG import terminal in Scotland
The UK could soon be getting another LNG import terminal, with plans in the works for a proposed facility in Grangemouth, Scotland.
GLNG: UK plans new LNG import terminal in Scotland
Second LNG vessel docks at sanctioned Arctic LNG 2 terminal
Russia’s efforts to create a shadow fleet of LNG tankers appear to be gaining momentum after a second LNG vessel was spotted docked at the sanctioned Arctic LNG 2 facility on the Gydan Peninsula in northern Siberia.
Petronas explores new floating LNG project in Suriname following drilling success
Petronas, Malaysia's leading energy company, is considering the development of a new standalone floating liquefied natural gas project off the coast of Suriname, following a recent drilling achievement in Block 52.
New Fortress Energy's Fast LNG asset offshore Mexico prepares for first cargo delivery
ING: LNG flows to Europe remain under pressure
European and Asian gas prices have remained well supported over the last month. Stronger Asian demand, supply disruptions and geopolitical risks in the Middle East have all provided support. However, US gas prices have come under renewed pressure.
US Court of Appeals vacates permits for two LNG projects
A US Appeals Court vacated federal regulatory permits for Next Decade’s Rio Grande LNG project and Glenfarne’s Texas LNG plant
Multiple South Korean LNG projects face the axe on back of lack of economic benefits
In the same month that even mainstream media outlets are highlighting the increased shipments of US-origin LNG to Asia in recent weeks, to China and South Korea in particular. A number of LNG projects in peninsula Korea are facing closure.
Argentina's Vaca Muerta to double LNG output through new plant
Argentine Minister of Energy and Natural Resources, Gustavo Medele, welcomed the announcement by national oil company YPF and Malaysia’s Petronas to build an LNG plant in Punta Colorada, Río Negro.
ADNOC signs offtake deal for Ruwais LNG with Osaka Gas
ADNOC has signed an LNG offtake deal with Osaka Gas for 0.8mn tonnes per year
Malaysia’s Sarawak state looks to take over Petronas gas assets on Borneo
Malaysia’s largest state, Sarawak, which is located on the island of Borneo, now finds that it can move ahead with plans to exercise autonomy due to the political conditions in the country.
Indonesia’s PT Pertamina International achieves higher oil and gas production in first half of 2024
PT Pertamina International Exploration and Production reported oil and gas production of 227,000 barrels of oil equivalent per day in the first half of 2024.
Cheniere signs 20-year LNG supply deal with Galp
US LNG producer Cheniere Energy has agreed to a 20-year LNG supply deal with Portugal’s Galp Energia.
Venture Global sues contractor Kiewit alleging disclosure of confidential documents
US LNG upstart Venture Global LNG is taking legal action against Kiewit, a construction contractor, alleging the company shared confidential information with Shell.
QatarEnergy reportedly nearing multibillion-dollar vessel deal
Media in South Korea reported this week that QatarEnergy negotiating with local shipbuilders for up to 20 new LNG vessels to support a massive expansion.
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