GLNG - Global LNG

6 November 2024

US sanctions four Singapore-based LNG firms over alleged ties to Russia’s Novatek

5 November 2024

The United States has imposed sanctions on four Singapore-based LNG shipping companies linked to Russian energy producer Novatek, targeting their role in circumventing sanctions on Russia's gas industry

US maintains sanctions pressure on Russian LNG

4 November 2024

The US Treasury Department maintained pressure on the Russian liquefied natural gas (LNG) sector with a number of designations in the October 30 sanction update.

Russia's Zvezda shipyard delays deliver of Arc7 carriers for Arctic LNG-2

1 November 2024

The Zvezda shipyard in the Russian Far East is not expected to deliver the lead Arc7 LNG carrier for Novatek’s Arctic LNG-2 terminal by the end of this year as initially planned, Moscow-based newspaper Kommersant reported on October 30.

TotalEnergies' unreceived dividends from Russia to reach $1.5-2.0bn by year-end, says CEO

1 November 2024

French oil major TotalEnergies’ dividends from its joint projects with Novatek that cannot be transferred out of Russia could reach between $1.5-2.0bn by the end of this year.

Peru to streamline environmental permits for hydrocarbon exploration

31 October 2024

The Ministry of Energy and Mines (Minem) is set to reduce the lengthy environmental permitting process for oil and gas exploration in Peru, potentially cutting approval times by up to two years.

Colombia's gas and oil sectors face critical developments

31 October 2024

The future of Colombia's gas supply has received a significant boost with the resumption of activities at the Sirius gas well, previously known as Uchuva-2.

Mexico Pacific set to transform energy landscape with major LNG investment

31 October 2024

Mexico Pacific is gearing up for a significant investment decision in 2025 regarding its Saguaro Energía LNG project on the Pacific Coast.

YPF creates subsidiary Argentina LNG

31 October 2024

Argentine national oil company YPF has established Argentina LNG, a new subsidiary aimed at developing a liquefied natural gas plant in Río Negro to capitalise on the vast reserves of the Vaca Muerta's shale formation.

US elections could have impact on global LNG markets

31 October 2024

The US election is in its final few days, and Vice President Kamala Harris and ex-President Donand Trump have been in a razor-edge race. The vote, for the US president and much of Congress, is on November 5.

Argentina seeks to become net energy exporter buoyed by Vaca Muerta

31 October 2024

Argentina is edging toward becoming a net energy exporter as the Vaca Muerta shale formation attracts rising investor interest. It is the world's fourth-largest shale oil deposit and the second-largest shale gas resource.

Sunda delays Chuditch-2 well off Timor-Leste

31 October 2024

AIM-quoted upstream operator Sunda Energy, focused on gas assets in Southeast Asia, has postponed the start of drilling operations for the Chuditch-2 appraisal well off Timor-Leste to the second quarter of 2025.

AG&P buys take in Australian LNG import project developer

30 October 2024

Singaporean firm AG&P LNG has reached an agreement to acquire Venice Energy, an Australian LNG import terminal developer operating the 2mn tonnes per year Outer Harbour LNG project in Adelaide, South Australia.

MidOcean Energy expands stake in South America's first LNG export terminal

30 October 2024

MidOcean Energy, an LNG company managed by U.S.-based EIG, has increased its investment in Peru LNG, South America’s first liquefied natural gas (LNG) export terminal located in Pampa Melchorita, 170 kilometres south of Lima.

Panama Canal eyes LNG traffic recovery after 65% plunge as drought restrictions end

30 October 2024

The Panama Canal Authority (ACP) is working to restore vessel traffic for US liquefied natural gas (LNG) shipments to Asia, following a 65% drop in its second-largest transit segment and as water levels improve after a months-long drought.

Thailand’s B.Grimm Power on the hunt for LNG

30 October 2024

Thailand’s B.Grimm Power, one of the nation’s leading energy companies, is actively pursuing both short-term and long-term supply agreements for LNG supplies to support its expanding energy demands