Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure company Pembina Pipeline, has selected South Korean shipbuilding major Samsung Heavy Industries (SHI) and U.S. LNG infrastructure solutions company Black & Veatch to provide engineering, procurement and constructio
Should the world aim for a balancing act to satisfy both energy security and green future aspirations or pick just one?
According to news agency Reuters, U.S. liquefied natural gas (LNG) exports have hit monthly and annual record highs in December, with analysts saying it has positioned the U.S. to become the largest exporter of LNG in 2023. “The U.S. was the stand out in global LNG supply growth in 2023,” Alex Munto
Russia’s liquefied natural gas (LNG) producer Novatek has begun production at its Arctic LNG 2 project despite U.S. sanctions, media company Bloomberg reported. According to Bloomberg, Russia’s Deputy Prime Minister Alexander Novak said in an interview with the state-run Rossiya 24 TV channel that t
Papua New Guinea’s (PNG) Kumul Petroleum Holdings has secured funding to acquire 2.6% of PNG LNG stake from Australian energy company Santos. According to Santos, Kumul paid approximately $250 million into escrow with Santos as part payment of the purchase price and executed binding funding arrangem
While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.
Shell has tucked a green light for its environment plan (EP) under its belt for a seabed survey on the Crux natural gas field off Australia.
The oil and gas industry become a hotspot for multi-billion mergers and acquisitions in 2023 while hinting at further consolidation in the fossil fuel machinery.
Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.
Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.
Italian oil and gas company Eni has introduced the first gas into the Tango floating LNG (FLNG) facility moored in Congolese waters. Eni revealed this ‘key milestone for the Congo LNG project’ on December 28, 2023, noting that gas introduction has been achieved in record time – only twelve months af
U.S. energy company New Fortress Energy (NFE) has signed a definitive agreement to acquire a 1.6 GW capacity reserve contract (PortoCem PPA) from Ceiba Energy that will be transferred to new power assets connected to NFE’s existing LNG terminals in Brazil, enabling NFE to become “leading LNG-to-powe
Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast of India. According to Petronet LNG’s social media update, sub-concession agreement, sub-lease deed, and port service agreement with Gopalpu
On January 1, 2024, German energy operator RWE will hand over the LNG infrastructure built in Brunsbüttel to the federally-owned operator Deutsche Energy Terminal (DET), around ten months after the first LNG import flow. DET is the authorized operator of the floating storage and regasification unit
