Natural gas storage injections remain low
Natural gas storage injections have remained below the five-year average so far for the 2024 summer.
Tanks & terminals
See below for the latest news covering the oil, gas and petrochemical storage sector.
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Baker Hughes awarded services frame agreement
Baker Hughes has been awarded a multi-year services frame agreement by Woodside Energy to support Australian LNG operations.
Aramco and Sempra announce Heads of Agreement
Aramco and Sempra have announced a Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2.
Argent LNG selects Chart Industries’ technology
Argent LNG has selected Chart Industries' mid-scale modular liquefaction solution for its upcoming 20 million tpy LNG facility in Port Fourchon, Louisiana, US.
IGU releases World LNG Report
Despite lower prices, the growing global LNG market remains tight amid supply constraints, according to the 2024 IGU World LNG Report.
Higher LNG prices to limit Asian demand and turbocharge European gas storage levels
A Wood Mackenzie report has suggested that European gas storage could hit 100% by end of September 2024.
TotalEnergies launches Marsa LNG project
The ambition of the Marsa LNG project is to serve as the first LNG bunkering hub in the Middle East.
More Tanks & terminals news
Chart to supply liquefaction equipment to Cedar LNG project
Chart Industries Inc. has been chosen to supply critical liquefaction equipment to the Cedar LNG project, including natural gas liquefaction cold boxes and brazed aluminium heat exchangers.
Black & Veatch receives full notice to proceed for FLNG project
Black & Veatch, in partnership with Samsung Heavy Industries (SHI), has received full notice to proceed with construction of Cedar LNG’s floating liquefaction facility to be located in Kitimat, British Columbia, Canada.
Baker Hughes to supply technology for Cedar LNG project
Baker Hughes has received an order from Black & Veatch to supply Cedar LNG in Canada with electric driven liquefaction technologies.
Pembina awards contract for RFS IV expansion
Pembina has awarded Worley a contract for the expansion of its existing Redwater propane-plus fractionation and storage complex in Alberta, Canada.
Technip Energies, JGC and NPCC receive LNTP for Ruwais LNG Project
Technip Energies, JGC and NPCC have received a Limited Notice To Proceed (LNTP) from ADNOC to commence early EPC activities at the Ruwais low-carbon LNG project.
IEEFA: Japan’s declining gas demand will leave utilities with persistent LNG oversupply through 2030
A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) notes that Japan's gas and power utilities are increasingly focused on marketing and selling LNG abroad.
QatarEnergy’s plans for North Field shows massive scale of reserves
A Wood Mackenzie report suggests that Qatar will play pivotal role in LNG markets for decades.
First modules arrive for Scarborough Energy Project
The first three Pluto Train 2 modules for the Scarborough Energy Project have arrived in Karratha, Western Australia, marking a significant milestone for the project.