McDermott International’s CB&I Storage Solutions will provide the engineering, procurement and construction work for storage tanks at Atlantic Gulf and Pacific Company’s (AG&P’s) liquefied natural gas (LNG) import and regasification terminal in the Philippines.
Investors are in the dark about the financial implications of emissions from Woodside Petroleum’s proposed Scarborough liquefied natural gas (LNG) development at the North West Shelf offshore Western Australia, according to the Institute for Energy Economics and Financial Analysis (IEEFA)
Japan’s Mitsui aims to invest in India’s nascent small-scale liquefied natural gas (LNG) infrastructure, including logistics and receiving facilities, after signing a memorandum of understanding with Indian company Inoxcva.
Meg O’Neill, a leading candidate for the top job at Australia’s Woodside Petroleum, will act as interim chief executive from 20 April as current boss, Peter Coleman, steps down from the board on 19 April.
Japan’s Toho gas is the latest Japanese company to receive a liquefied natural gas (LNG) cargo that has had its emissions offset by carbon dioxide (CO2) credits. Significantly, the Nagoya-based gas company has pledged to buy more carbon neutral LNG after receiving its first shipment on 8 April.
Santos chief executive Kevin Gallagher, reportedly one of the top candidates to replace Peter Coleman as Woodside chief executive later this year, has been offered a one-off, A$6 million ($4.5 million) “growth projects incentive” to see through the delivery of major developments at the Australian company until 2025.
East Timor, which is considering converting its oil-fired power plants to gas in an effort to slash energy supply costs, estimates it will need about 0.37 million tonnes per year (t/y) of imported liquefied natural gas (LNG).
JERA, the largest power generation company in Japan, producing about 30% of the nation’s electricity, has opened an office in the city of Akita as a base for offshore wind projects off the coast of Akita Prefecture.
Japanese company Mitsui O.S.K. Lines (MOL) – one of the world’s largest shipping companies - is set to focus on developing ships that run on liquefied natural gas (LNG), ammonia and hydrogen in order to hit its 2050 net-zero goal.
Chevron will supply liquefied natural gas (LNG) to Japan’s Hokkaido Gas for five years starting April 2022 under a new deal.
First Gen has awarded a five-year deal that will see Norway’s BW Gas Limited supply a floating storage regasification unit (FSRU) to support its Interim Offshore LNG Terminal project in the Philippines.
India’s liquefied natural gas (LNG) demand will rise from 25 million tonnes per year (mtpy) in 2020 to almost 45 mtpa in 2030. And it will surge to 85 mtpa by 2040, as domestic production falls sharply, data from Rystad Energy shows.
East Timor is considering building a liquefied natural gas (LNG) import terminal and converting oil-fired power plants to gas in an effort to slash energy supply costs and cut greenhouse gas emissions. The move seems slightly ironic given the country advocated developing an LNG export complex for much of the past decade.
Italy’s Eni and China’s Zhejiang Energy will work together to pursue gas and liquefied natural gas (LNG) opportunities as part of a strategic switch towards cleaner fuels.
Santos’ proposed offshore Barossa gas field development off Australia’s Northern Territory has the unfriendly tag of having more carbon dioxide than any gas currently made into liquefied natural gas (LNG), finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).
Asia remains the world’s largest and fastest expanding energy demand centre. Significantly, regional investments in the transition towards a cleaner energy system have maintained pace during the coronavirus pandemic.
Anglo-Dutch supermajor Shell has received a notice to proceed (NTP) for a proposed liquefied natural gas (LNG) import scheme in the Philippines.
Santos has approved final investment for its $3.6 billion Barossa gas and condensate project off Australia’s Northern Territory that is targeting production in 2025. The go-ahead marks the biggest investment in Australia’s oil and gas sector since 2012.
Analysts at Bernstein see tighter liquefied natural gas (LNG) markets ahead as limited supply growth meets strong demand, particularly from Asia, which could push prices higher.
Singapore’s Energy Market Authority (EMA) has awarded ExxonMobil and Sembcorp Fuels the right to import liquefied natural gas (LNG) as pipeline supplies dwindle.
Malaysia’s Petronas has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities following the first cargo delivery by the company’s floating LNG DUA (PFLNG DUA).
Australia’s Santos has awarded the biggest contract tied to its $3.6 billion Barossa liquefied natural gas (LNG) project in northern Australia that will backfill Darwin LNG. This offers a strong signal that a final approval for the scheme is imminent.
Total is set to supply of up to 1.4 million tonnes per year (mtpy) of liquefied natural gas (LNG) to China’s Shenergy Group for a 20-year term. The pair will also form a joint venture to expand LNG marketing in China.
Qatar Petroleum will supply China’s Sinopec with 2 million tonnes per year of LNG for a ten-year term.
First Gen will award a deal for the charter of a floating storage regasification unit (FSRU) to support its Interim Offshore LNG Terminal project in the Philippines by the end of March.