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With significant investment going into LNG export projects in the US, Australia and across Asia-Pacific and continued concerns about gas imports into Europe and Asia, LNG is expanding as a major sector of the global gas market that has attracted super-majors and independent companies alike.
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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.
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.
GLNG: UK plans new LNG import terminal in Scotland
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.
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
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