GLNG - Global LNG

Golar LNG discussing gas cooperation with Equatorial Guinea

Golar LNG has reportedly held talks with the government of Equatorial Guinea on cooperation in the development and export of offshore natural gas deposits.

GLNG: Petronas awaits final decision on new Argentinian LNG law

Petronas awaits final decision on new Argentinian LNG law

Malaysia’s state-run energy firm Petronas is watching closely developments in Argentina’s Congress of the country’s draft LNG law, which is aimed at giving a jolt to the nation’s LNG sector.

EU LNG imports sink to lowest level in year and a half in August

The EU received 9.8bn cubic metres of gas in liquid form last month, which was 2.8% less than in August 2022 and 10.6% less than in July this year. It marks the second month in a row that imports have fallen on a year-on-year basis.

Santos offloads minor stake in PNG LNG project to Kumul

Australian oil and gas company Santos Ltd revealed on September 1 that it has finalised the initial sale to Papua New Guinea’s state-run Kumul Petroleum of a 2.6% interest in its PNG LNG project.

Peru LNG sees export volumes drop in August due to maintenance

Peru LNG, the operator of a gas liquefaction plant and export terminal in Pampa Melchorita, saw export volumes drop slightly more than 36% m/m in August 2023.

Can Europe simply ban Russia's soaring LNG imports too?

Europe has cut itself off from Russian gas following the destruction of the Nord Stream 1 & 2 pipelines last year, but imports of Russian liquefied natural gas have soared as it seeks sources of fuel and has few other options. Or does it?

Buyers of US LNG reportedly facing higher liquefaction fees

Buyers of US LNG are reportedly agreeing to higher liquefaction fees at newer export projects in the country.

Malaysia's state-owned energy company Petronas to permanently shut part of Sabah Sarawak gas pipeline amid safety concerns

Petronas, Malaysia's state-owned energy company, has announced its decision to permanently shut down a portion of the Sabah Sarawak Gas Pipeline (SSGP), a vital conduit delivering feed gas to the Petronas LNG Complex.

Thai-Vietnam LNG project a potential ground-breaker in regional LNG co-operation

In a recent meeting between the head of Vietnam’s Thanh Hóa Province and Thai energy developer Gulf Group it was provisionally agreed to build an LNG terminal in the province just south of Hanoi.

ExxonMobil says world will fail to meet Paris goal in 2050

Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.

Workers at two Chevron LNG plants in Australia to strike from September 7

Unions at Chevron’s two large Australian LNG facilities have stated they will take industrial action beginning September 7.

Colombia cancels tender for Pacific LNG regasification project

The competitive bidding process for Colombia's proposed Pacific LNG regasification project has been invalidated due to insufficient interest, the government’s Mining and Energy Planning Unit (UPME) announced on August 28.

Colombia increases LNG imports amid fears over El Niño

The Latin America had already bought 309,000 tonnes of LNG as of August 28, almost 60% higher than in the whole of 2022.

Cyprus rejects Chevron’s Aphrodite development plan

A further delay in developing the Aphrodite gas field has come due to the Cypriot government’s rejection of a development plan for the island’s main offshore hydrocarbon resource proposed this summer by Chevron and its partners Shell and NewMed.

BRICS+: what could this future political alliance mean for oil and gas markets?

Gazprom ships first LNG cargo from Baltic plant using Northern Sea Route

Kinetiko considers secondary listing to fund South African LNG plans

Australia’s Kinetiko Energy is debating listing on a secondary stock exchange in either London or Johannesburg in order to secure additional funds for its LNG development plans in South Africa, CEO Nick de Blocq said.

GLNG: Kinetiko considers secondary listing to fund South African LNG plans

LNG trader Gunvor reports lower net profit and volumes in first half

Gunvor, the Geneva-headquartered energy and LNG trader, reported a lower net profit and volumes of the super-chilled fuel in the first half of 2023.

Protest erupts against Krk LNG terminal expansion

Shell to pump INR35bn into renewable power, LNG imports and EV charging in India

This substantial infusion of funds aims to establish a multi-faceted energy ecosystem comprising renewable energy infrastructure, electric vehicle charging stations, and a cutting-edge liquefied natural gas regasification terminal.

Russia stems gas output decline in July

The year-on-year decline in Russian natural gas production in 2023 continued to slow in July, state statistics cited by the Moscow-based Vedomosti newspaper on August 24 showed, in part reflecting a recovery in exports to the European market.

Delays to Baltic coast LNG terminal spark concerns in Germany

Concerns are mounting in Germany that a second planned LNG terminal near the island of Rugen may not begin operating before winter as the project faces stiff opposition from the nearest town and environmental groups.

Completion of Serbia-Bulgaria gas pipeline expected in October