GLNG - Global LNG

BP and Venezuela in talks with Trinidad & Tobago for offshore gas field development

BP and Venezuela have confirmed their engagement in discussions with the Trinidad and Tobago government concerning the joint development of an offshore gas field located in the Caribbean region.

BP and ADNOC pause offer for NewMed

The major deal has been put on hold, citing external uncertainties, but conflict in Gaza may scupper the plan altogether.

GECF strikes bullish tone on gas demand growth

The Gas Exporting Countries’ Forum (GECF) has come out with a bullish prediction that consumption of the fuel will surge by 34% by the middle of the century.

Europe needs to expand gas infrastructure to end Russian imports, CERAWeek execs say

Europe will need to further expand its natural gas infrastructure to eliminate Russian gas imports.

UTM offshore delays FID to second quarter for Nigeria’s first floating LNG project

Nigeria’s UTM Offshore has again been forced to push back taking a final investment decision on the country's first floating LNG project.

Indonesian government bolsters natural gas supply amidst deficit

The Joko "Jokowi" Widodo administration has taken steps to ensure the supply of natural gas to PT Perusahaan Gas Negara through liquefied natural gas amidst a gas deficit in Central Sumatra, South Sumatra, and Western Java

ADNOC signs second offtake deal for Ruwais LNG

Abu Dhabi National Oil Co. (ADNOC) this week agreed terms on a 15-year offtake deal with SEFE Marketing & Trading Singapore as the Emirati firm prepares to launch major engineering work.

British Petroleum aims for 176 LNG cargoes production from Tangguh Plant in West Papua

British oil giant BP has set its sights on producing 176 liquefied natural gas cargoes this year from the Tangguh LNG Plant in Bintuni Bay, West Papua, with approximately 55 cargoes expected to come from Train 3

Indonesian state electricity firm PLN explores new financing model to boost gas power plant investments

Gas shortages challenge Bangladesh power sector growth amid new plant launches

Bangladesh confronts a pressing challenge in ensuring adequate gas supply for a slate of new gas-fired power plants, collectively boasting a generation capacity of approximately 3,510MW

EQT, Equitrans Midstream to combine in $5.5bn deal

The largest natural gas producer in the US, EQT Corp, has agreed to buy Equitrans Midstream in a deal worth around $5.5bn. It will be an all-stock transaction with a combined company enterprise value of more than $35bn.

Shell looks to switch from oil to LNG assets in Singapore

Glencore, the Swiss commodity trading major, is reportedly in talks to acquire Shell’s oil operations in Singapore, according to sources familiar with the matter speaking to Reuters earlier in the month.

Dalian Shipbuilding begins construction of LNG carriers for CMES

The two 175,000 cubic metre vessels bring the total number of LNG carriers DSIC has built for CMES to five. The ships have a length of 295 metres, a width of 46.4 metres, and a depth of 26.2 metres, and possess a service speed of 19.5 knots.

LNG Canada set to begin commissioning activities

Shell-led LNG Canada is nearly finished with construction work and will be commencing commissioning and start-up activities shortly, the company revealed in a statement on March 7.

BP and ADNOC pause buy-in offer for Israel’s NewMed

Israeli gas producer NewMed has announced that a $2bn offer to purchase a 50% interest made by British supermajor BP and the United Arab Emirates Abu Dhabi National Oil Company (ADNOC) has been frozen.

First North Field modules shipped by Saipem to Qatar

Italian oilfield services firm Saipem has loaded and shipped the first three North Field modules from Indonesia to Qatar to be installed. The modules include one wellhead production as well as two riser platforms.

Shell's head of LNG steps down shortly after company posts $2.4bn profit

Shell’s long-time head of LNG, natural gas and power trading unit, Steve Hill, is stepping down from his position on March 28. The March 1t announcement comes just weeks after posting $2.4bn in trading profits from LNG in the fourth quarter of 2023.

Regulator asks Venture Global for clarification on Calcasieu Pass terminal

LNG developer Venture Global has been asked by the Federal Energy Regulatory Commission to provide more clarity on the basis for its filing of confidential documents concerning the Calcasieu Pass LNG export terminal.

AG&P LNG purchases 49% interest in Vietnam’s Cai Mep terminal

Atlantic, Gulf and Pacific LNG, the Singapore-based unit of US asset management company Nebula Energy, announced that it has bought a 49% stake in the Cai Mep LNG terminal in southern Vietnam.

TotalEnergies strikes 16-year deal with Sembcorp Fuels of Singapore

TotalEnergies, a leading player in the Asian and global LNG market, has agreed a significant deal with Sembcorp Fuels, for the supply of up to 0.8mn tonnes of LNG annually for a period of sixteen years.

A first ever integrated LNG facility for the Philippines

Philippine power giants, Meralco PowerGen Corporation (MGen), Aboitiz Power Corporation (AP), and San Miguel Global Power Holdings Corp. (SMGP), are set to inaugurate the nation's first ever integrated LNG facility in Batangas Province.

Eni’s Tango floating LNG project set to ship first cargo

Italian energy firm Eni is slated to deliver its first LNG cargo this week from the company’s Tango floating LNG facility located in Congolese waters, according to shipping data.

Freeport’s feedgas usage drops as restart remains unclear

The Freeport LNG terminal’s feedgas intake was down by close to 50% over the last week, data from the London Stock Exchange revealed.

GLNG: Japanese LNG purchasers facing oversupply issue

ADNOC awards early EPC deal for Ruwais LNG project

ADNOC has awarded a contract for early engineering works on its planned Ruwais LNG project to a consortium of services firms.