Category: LNG
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Canada’s $4 billion LNG project facing another legal challenge
Canada’s $4 billion LNG project facing another legal challenge Steelhead LNG is mounting one more legal challenge against an LNG project on Canada’s West Coast. Legal proceedings are underway against Pembina Pipeline Corporation and ARC Resources in connection with a floating LNG (FLNG) solution for this development. The post Canada’s $4 billion LNG project facing…
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Gazprom greenlights $15 billion investment plan to bolster gas production capacity
Gazprom greenlights $15 billion investment plan to bolster gas production capacity Russia’s giant Gazprom has set its investment program and budget for next year at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% compared with the planned spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024. The post Gazprom greenlights $15…
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Op-Ed: Urgent reality of regulations to set in for the shipping industry
Op-Ed: Urgent reality of regulations to set in for the shipping industry By Steve Esau, COO of SEA-LNG In 2025, the urgent reality of regulations will set in for the shipping industry. With the arrival of the new year, we begin the five-year countdown to IMO’s first notable deadline – reducing greenhouse gas emissions by a…
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Steel cut for Donsötank’s second LNG dual-fuel tanker
Steel cut for Donsötank’s second LNG dual-fuel tanker Swedish tanker shipping company Donsötank has marked the beginning of the construction of its second LNG dual-fuel chemical tanker at Wuhu Shipyard in China. The post Steel cut for Donsötank’s second LNG dual-fuel tanker appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while ramping up oil & gas and LNG output
ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while ramping up oil & gas and LNG output ExxonMobil has unveiled its new corporate plan up to 2030, expecting to deliver a growth potential of $20 billion in earnings and $30 billion in cash flow. The post ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while…
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US LNG export projects on hold until environmental reviews are out of the way
US LNG export projects on hold until environmental reviews are out of the way As the Department of Energy (DOE) has confirmed the environmental reviews will need to be completed with all agencies before pending projects can get back on track, the pause appears to still be in effect, even though a preliminary injunction from…
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US-Qatar oil & gas ties are ‘win-win’ but EU’s green agenda bound to cause exodus, QatarEnergy’s CEO warns
US-Qatar oil & gas ties are ‘win-win’ but EU’s green agenda bound to cause exodus, QatarEnergy’s CEO warns QatarEnergy’s CEO has pinpointed the potential detriments the EU’s new sustainability rules may bring, including energy security woes for the top global liquefied natural gas (LNG) import market, given the high penalties gas and LNG importing club…
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Alternative-fueled vessels: DNV reports latest AFI numbers
Alternative-fueled vessels: DNV reports latest AFI numbers DNV has now released the November figures from its Alternative Fuels Insight (AFI) platform. They show that 27 new orders for alternative-fueled vessels were placed in November 2024. Although this was a slightly slower month for new orders for alternative-fueled vessels, it follows a record-breaking month in October,…
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Op-Ed: Shipping must innovate for a seamless fuel transition
Op-Ed: Shipping must innovate for a seamless fuel transition By Johannes Schurmann, commercial director, FincoEnergies (GoodFuels) Shipping is currently at a critical juncture, as it continues its transition to sustainable fuel. Decarbonization by 2050 is now the target, set by the IMO, but the path forward is uncertain. Factors including the costs of decarbonization on…
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FLNG milestone keeps Eni’s next chapter of African LNG story on track (Gallery)
FLNG milestone keeps Eni’s next chapter of African LNG story on track (Gallery) Eni has made inroads in bringing its new floating liquefied natural gas (FLNG) unit to life in line with its start-up timeline, thus, the unit is still slated to come into operation mode in the fourth quarter of 2025 at the Italian player’s…
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Malaysia and China fostering oil & gas and LNG collaboration
Malaysia and China fostering oil & gas and LNG collaboration Two state-owned companies, Malaysia’s Petronas and China’s China National Petroleum Corporation (CNPC), have signed a memorandum of understanding (MoU) for strategic cooperation in the oil and gas and liquefied natural gas (LNG) arena. The post Malaysia and China fostering oil & gas and LNG collaboration…
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Cheniere’s LNG emissions footprint lower than thought, report shows
Cheniere’s LNG emissions footprint lower than thought, report shows U.S. liquefied natural gas (LNG) exporter Cheniere Energy has published an updated life cycle assessment (LCA) study for the intensity of greenhouse gas (GHG) emissions produced by its exported natural gas according to which their levels are lower than formerly assumed. The post Cheniere’s LNG emissions…
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Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security
Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security Germany’s Brunsbüttel Ports is poised to play an important role in the country’s energy supply security and make a significant contribution to achieving climate goals. The post Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security appeared first on Offshore Energy. Naida Hakirevic Prevljak…