China’s tanker major COSCO Shipping Energy Transportation Co. revealed that it will take part in the investment and construction of three LNG carriers. This endeavor will see COSCO Shipping LNG Investment acquire a 49% stake in three single-ship companies established by Japanese Mitsui O.S.K. Lines,
The CEO of QatarEnergy has spotlighted the role of natural gas in the evolving energy landscape and the energy transition era.
Australia’s engineering company Worley has secured a contract with Qatargas, which recently rebranded to QatarEnergy LNG, to provide front-end engineering design (FEED) services for a CO2 sequestration project in Ras Laffan, Qatar. According to Worley, the contract covers the FEED study and engineer
With only two months left until the COP28 climate summit in Dubai, all eyes are turned to global leaders to take concrete steps to keep the goal of limiting global warming to 1.5 °C within reach. While the fossil fuels industry faces growing dissatisfaction from environmental activists, leaders from
The Federal Energy Regulatory Commission (FERC) has approved the permit authorizing the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas, by Sempra Infrastructure, a subsidiary of Sempra. Sempra announced the authorization on September 21, sta
There is almost an insurmountable gap between the latest energy policies being advocated by Florida Governor and California’s governor.
Texas-based energy company NextDecade has entered into a credit agreement with a group of lenders for $356 million of senior loans to finance a portion of the first three LNG trains (Phase 1) at its Rio Grande LNG export facility in Brownsville. According to NextDecade, the senior loans were disburs
Aramco’s CEO has called upon world leaders and energy players to devise concrete transition steps in a bid to ensure a just transition and avert a potential energy crisis, as a result of a premature phasing out of fossil fuels.
French LNG containment specialist GTT has received an order from the Chinese shipyard Dalian Shipbuilding Industry (DSIC) for the tank design of three new liquefied natural gas carriers (LNGCs), on behalf of China Energy. GTT said it will design the tanks of the three vessels, which will each offer
After a FSRU, chartered by TotalEnergies, arrived in France, climate activists took steps to express their dissatisfaction with its arrival.
Société Nationale des Pétroles du Congo (SNPC), Eni Congo, and Lukoil have signed a long-term contract for the purchase and sale of LNG with Eni SPA, marking an advancement in the LNG Marine XII project. According to SNPC, the contract was signed on September 14, 2023, and will run for a period of 2
U.S.-based Commonwealth LNG has entered into a heads of agreement (HoA) with compatriot EQT for one million tons per annum (mtpa) of LNG under a 15-year tolling agreement, and associated gas supply to Commonwealth LNG’s facility in Cameron, Louisiana, U.S. According to Commonwealth, the terms antici
As COP28 nears, concerns surrounding climate change are heating up and the pressure on the oil and gas industry is mounting day in, day out.
Russia’s Gazprom has announced that its own-produced shipment of liquefied natural gas (LNG) at the complex near the Portovaya CS was completely unloaded from the Velikiy Novgorod LNG tanker at the Tangshan LNG import terminal in China. Gazprom noted it was the first time its own-produced LNG was de
