GLNG - Global LNG

Singapore’s PIL buys five LNG dual-fuel container ships from China

Singaporean shipping firm Pacific International Lines is purchasing five LNG dual-fuel container ships from China’s Hudong Zhongua Shipbuilding company.

Scarborough gas project gets all-clear after green group backs down

Australian producer Woodside now has the all-clear to push on with its $12.5bn offshore Scarborough gas project in Western Australia, after an environmental group agreed to dismiss its challenge at court.

Arrow moves ahead with second phase of Australia's Surat gas project

Shell and PetroChina’s joint venture Arrow Energy has decided to move ahead with the second phase of development of the Surat gas project in Queensland, Australia.

New Fortress Energy completes maintenance of Fast LNG 1 unit offshore Mexico, resumes LNG production

New Fortress Energy (NFE) has completed the scheduled maintenance of its 1.4mn tonnes per annum (mtpa) Fast LNG 1 unit offshore Altamira, Mexico.

New Zealand late to the party as possible LNG imports make headlines

In New Zealand, the relatively modest total of NZ$80mn ($49mn) could adequately retrofit an old refinery dock at Marsden Point, 140 km northwest of Auckland to receive LNG imports

Islamabad, Moscow in talks over future LNG trade

Russia has informed Pakistan that its LNG export terminals will be fully operational by 2026, helping to facilitate a potentially lucrative gas trade between the two nations

Indonesia’s Pertamina's Sukowati Field innovates to save IDR32bn and reduce emissions

Pertamina EP Sukowati Field, part of Pertamina's Upstream Subholding in Eastern Indonesia, has introduced an innovative solution to mitigate the risks of unplanned upstream oil and gas operational shutdowns caused by power plant shutdowns.

Pakistan's July power generation sees slight increase

Pakistan generated 14,880 GWh of electricity in July, up 0.3% y/y.

Japan’s MOL studying if biomethane can replace LNG to fuel vessels

Japanese shipping giant Mitsui O.S.K. Lines is among a handful of organizations participating in a study to determine if biomethane from animal manure can be used to fuel ships and factories.

YPF and Petronas target FID by end of 2025 for Argentine LNG project

Argentina’s state-run firm YPF and its joint partner Malaysia’s Petronas are targeting a final investment decision before the end of 2025 for the country’s flagship LNG export terminal.

Thailand renews call for joint oil and gas development with Cambodia

Thailand has reiterated its call for Cambodia to resume talks on jointly developing oil and gas resources in the disputed Overlapping Claims Area (OCA) in the Gulf of Thailand

India’s Swan to sell LNG terminal to Turkey’s Botas for $339mn

India’s Swan to sell LNG terminal to Turkey’s Botas for $339mn

LatAmOil: New Fortress Energy faces market backlash

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 New York-based Nasdaq. The plunge followed the company's revelation of a $80.75mn net loss in its second-quarter report.

Burford Capital advances efforts to secure $16bn court ruling against Argentina's YPF

Burford Capital announced that it is leveraging remarks made by a provincial governor in Argentina to strengthen its efforts to secure a $16bn U.S. court judgment against the Argentine government, which it claims controls national oil company YPF SA.

Southeast Asian national oil companies propel 4.8% growth in Asian oil and gas capex for 2024

BMI projects a substantial increase in capital expenditure (capex) for 15 key oil and gas (O&G) companies across Asia, predicting a rise to $136.40bn in 2024

Natural gas exports plummet as Bolivia seeks to boost production

In the first half of 2024, Bolivia's natural gas exports experienced a significant downturn, with values falling by 18.1% compared to the same period in 2023.

Woodside faces dilemma after WA EPA says offshore Browse project ‘unacceptable’

Australia is again facing a big environmental issue over Woodside Energy’s plan to sink AUD30bn into a gas development and LNG project that is located near an ecologically pristine region of the Indian Ocean called Scotts Reef.

Excelerate Energy to increase global FSRU share, expand into Vietnam

US gas company Excelerate Energy has recently announced plans to develop a large-scale 1.2mn tonne per year (tpy) LNG import terminal in Haiphong, northern Vietnam.

Petronas shakes up leadership, appoints Jukris Abdul Wahab to take over upstream operations

Malaysia’s state-owned energy conglomerate, Petronas, has restructured its leadership team, affirming previous reports by Upstream about significant management changes.

Uzbekistan eyes private sector for liquefied gas distribution

Uzbekistan is exploring involving the private sector in liquefied gas distribution, which could impact nearly half of the country's population.

KPC opens trading office as merger momentum builds

The state-owned Kuwait Petroleum Corp. has become the latest Gulf NOC to expand its global trading footprint, opening a new trading hub in Dubai.