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Liquefied Natural Gas

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Fossil EnergyLow-Carbon TransitionOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersMarket OutlooksTransitionVesselsExploration & ProductionOperations & MaintenancePorts & LogisticsAuthorities & GovernmentCollaborationRegulation & PolicyInterconnectorsSubseaOutlook & StrategyCarbon Capture Usage & StorageFPSO & Vessels
FSRU Excelsior; Source: Excelerate
Liquefied Natural Gas

Installation jobs for Germany’s Wilhelmshaven 2 LNG terminal go to Norwegian and French firms

ECOnnect Energy has been hired to install a jettyless ready IQuay solution for LNG import to Wilhelmshaven.

about 2 years ago
Illustration; Source: ADNOC Logistics and Services
Liquefied Natural Gas

Twofold increase in LNG vessel orders playing out against the backdrop of elevated newbuilding prices

The number of LNG newbuilding values is perceived to be at a record high with twice as many newbuild orders in 2024 as there were last year.

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about 2 years ago
FSRU Toscana; Source: OLT Offshore LNG Toscana
Liquefied Natural Gas

Italy’s FSRU embarks on final stage of maintenance works in Marseille

OLT Offshore LNG Toscana has confirmed the start of the second and final phase of maintenance activities for its FSRU.

about 2 years ago
Rendering of Woodfibre LNG project; Source: Woodfibre LNG
Liquefied Natural Gas

Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas

Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.

about 2 years ago
Ougarta LNG carrier; Source: Sonatrach
Liquefied Natural Gas

Sonatrach hands over first LNG cargo to Croatia and seals natural gas deal with Slovenian firm

Sonatrach has strengthened natural gas ties with Slovenia, thanks to an agreement with Geoplin.

about 2 years ago
Weathervane of Freedom on FSRU Independence; Source: KN Energies
Liquefied Natural Gas

Lithuania’s FSRU marks its tin anniversary with folk art depicting energy independence road

Lithuania’s FSRU has been decorated with a traditional weathervane to mark ten years since the vessel docked at the Klaipėda LNG terminal.

about 2 years ago
Illustration; Source: National Grid
Liquefied Natural Gas

Over $76 billion set aside for energy projects across the Atlantic over next five years

National Grid has unveiled its investment plan for the 2024-29 period, earmarking £60 billion (close to $76.5 billion) for energy projects that will step up its decarbonization game and propel the energy transition momentum forward on both sides of the Atlantic Ocean.

about 2 years ago
Illustration; Courtesy of Shell
Liquefied Natural Gas

Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023

Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bankroll oil and gas projects.

about 2 years ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Liquefied Natural Gas

Türkiye reinforces gas ties with US and Azerbaijan, notches up renewable electricity milestone

In the wake of the BOTAŞ-ExxonMobil LNG deal, Türkiye has taken steps to strengthen its energy bonds with the United States and Azerbaijan.

about 2 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Liquefied Natural Gas

‘Large’ orders for floating production systems coming soon

The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

about 2 years ago
Dragon LNG
Liquefied Natural Gas

Shell gets Dutch partner at one of UK’s three LNG terminals

VTTI has put the wheels into motion to join Shell in Dragon LNG, the owner of a major onshore import terminal for the supply of LNG to the UK market.

about 2 years ago
Ruwais; Source: ADNOC
Liquefied Natural Gas

Germany and UAE bolster natural gas ties as ADNOC strikes third 15-year deal for giant LNG project

Germany’s EnBW has sealed its first liquefied natural gas (LNG) deal in the Middle East by inking a long-term contract with the UAE’s ADNOC.

about 2 years ago
Atlantis platform in the Gulf of Mexico; Source: BP
Liquefied Natural Gas

BP’s profit plunges to $2.7 billion amid oil & gas price headwinds

BP has recorded a fall in profit on a quarterly and year-over-year (y-o-y) basis driven by the downturn in energy prices.

about 2 years ago
Port of Gdańsk; Source: Gaz-System
Liquefied Natural Gas

MOL and Gaz-System shake hands on deal for Poland’s first FSRU

Poland’s Gaz System has signed a long-term TCP agreement for a FSRU with a subsidiary of Japan’s shipping major Mitsui O.S.K. Lines (MOL).

about 2 years ago