Port Arthur LNG Phase 2 receives FERC authorisation
Sempra Infrastructure has announced that the Federal Energy Regulatory Commission (FERC) has approved the permit authorising the Port Arthur LNG Phase 2 expansion project.
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NextDecade announces US$356 million of senior loans for Rio Grande LNG Phase 1
NextDecade has announced that its subsidiary, Rio Grande LNG, has entered into a credit agreement with a group of lenders for US$356 million of senior loans.
JERA invests in Immaterial
JERA has invested approximately £1 million in Immaterial, a UK company with gas adsorption technology.
EIA: changes in US residential natural gas prices lag spot prices
Monthly average natural gas wholesale spot prices at the US benchmark Henry Hub have been generally declining so far in 2023, but these relatively low prices do not immediately translate into lower retail prices for residential consumers.
EIA: US exported a record volume of natural gas 1H23
The US exported more natural gas in 1H23 than in any other previous six-month period, 11% more than in the same period in 2022.
ConocoPhillips to further diversify global LNG portfolio
ConocoPhillips has announced further progress on its global LNG strategy, signing a commercial agreement to secure additional regasification capacity in Europe.
North America to lead global ammonia capacity additions by 2030
North America is set to lead the global ammonia industry capacity additions with a share of 37% by 2030, according to GlobalData.
US top LNG exporter in 1H23
The EIA reports that the US exported more LNG than any other country in the first half of 2023.
Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1
Sempra Infrastructure has announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
LR and COSCO join forces on LNG fleet decarbonisation pathway project
Lloyd’s Register and COSCO intend to join forces to assess the decarbonisation pathway for COSCO Shipping’s existing LNG carrier fleet.
BP enters third long-term LNG offtake contract from Woodfibre’s British Columbia LNG facility
BP has entered its third long-term LNG offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.
Tellurian and Baker Hughes announce agreement for liquefaction equipment
Tellurian Inc. and Baker Hughes have announced an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.
Venture Global and Baker Hughes announce expanded master equipment supply agreement
Venture Global LNG has announced its long-term expansion plan to increase production from 70 million tpy to more than 100 million tpy of nameplate LNG export capacity.
BASF commences construction of syngas plant
BASF has commenced construction of its syngas plant at the Verbund site in Zhanjiang, China.
Technip Energies to offer new solution for LNG production
Technip Energies has launched SnapLNG by T.EN™, a modular, pre-engineered and standardised solution for low-carbon and accelerated time to market LNG production.