GLNG - Global LNG
How well thought-out is a US ban on LNG exports to China?
In a recent analysis it was speculated that a recent understated move by the US Department of Energy could signify a significant shift in American policy regarding trade, energy, and its relationship with China.
ExxonMobil chief expects Guyana to become one of world's most successful deepwater developments
ExxonMobil’s Chief Executive Officer Darren Woods has claimed that Guyana is emerging as one of the most successful deepwater projects in the history of the oil and gas sector.
Venture Global to begin LNG production at Plaquemines in summer
US LNG upstart Venture Global LNG is planning to begin production of the super-chilled fuel at its Plaquemines export facility in southern Louisiana by mid-year.
Qatar signs record deal with China State Shipbuilding for 18 LNG carriers
State-run QatarEnergy has signed a deal to purchase 18 LNG carriers from China State Shipbuilding Corporation at a price of $6bn, the company announced.
Egypt to cut LNG exports in May over anticipated summer power shortages
Egypt will temporarily halt its LNG exports beginning May in order to combat expected power shortages this summer, the North African country announced.
Turkey begins talks with ExxonMobil on LNG deal in quest to diversify gas supply
In an effort to diversify its supply portfolio and reduce its dependence on Russian gas and also strengthen national security, Turkey, a Nato member, is now in the midst of discussions with the US supermajor.
US LNG exports soar to record highs
US LNG exports have reached record highs in the first four months of 2024 amid skyrocketing natural gas production.
Italy vows not to stand in way of EU sanctions on Russian LNG
Italy’s Energy Minister Gilberto Pichetto Fratin says Italy has “no reason to oppose a process of new sanctions" placed on LNG from Russia.
Turkey seeks LNG from ExxonMobil, starts pipeline gas stream to Hungary
Turkey is seeking to secure a new LNG import deal with ExxonMobil, according to a report in the Financial Times. It is part of Turkey’s plans to diversify its gas imports and reduce its reliance on Russian gas.
LNG Energy Group strikes deal to revamp Venezuela oil fields amid US sanctions uncertainty
LNG Energy Group, backed by Texas oil magnate Rod Lewis, inked a pact with Venezuela's state-run oil giant PDVSA to revitalise five ageing oil fields, positioning itself for potential growth in a market grappling with a tumultuous political landscape
Turkey reportedly in talks with ExxonMobil for LNG that would help curb Russian energy dependence
Petrobras sells idle fields to Perenco, signs MoU with Argentina’s Enarsa for gas projects
Brazil’s national oil company Petrobras has finalised contracts to sell its entire interest in the Cherne and Bagre fields, situated in the Campos Basin's shallow waters, to Perenco for $10mn.
Guinea lawmakers approve West Africa LNG’s $3bn gas project serving mining sector
Guinea lawmakers have approved an agreement signed last year between the government and West Africa LNG Group (WA-LNG) for a potential $3bn investment in liquefied natural gas (LNG) import infrastructure.
Russian LNG to fall short of government targets, warns Rystad
The Norwegian consultancy believes new projects could face delays of five or more years.
Iran’s output at South Pars gas field topped 196 bcm last year
South Pars, Iran’s mammoth gas field, cranked out more than 196bn cubic metres of sweetened natural gas in the past Persian calendar year which ended on March 19, the CEO of South Pars Gas Complex said.
TotalEnergies CEO warns Russian LNG sanctions would trigger price spike
EU sanctions on the Yamal LNG project would trigger a spike in global gas prices, raking in profits for global suppliers including TotalEnergies.
Romania’s Neptun Deep project advances towards 2027 debut
Energy security for Romania and its Eastern European partners is due to see a noted improvement as momentum builds at Neptun Deep. Once in operation, the Black Sea project could become the largest gas producer in the European Union.
Bangladeshi government to increase LNG spot imports
The government of Bangladesh has opted to increase its intake of LNG with plans to import a total of 23 spot cargoes between January and June.
MidOcean Energy completes acquisition of SK Earthon's stake in Peru LNG
MidOcean Energy completes acquisition of SK Earthon's stake in Peru LNG, boosting South America's LNG export capacity
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