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LNG

ConocoPhillips
International News

ConocoPhillips seals gas supply deal with Germany’s Uniper

September 20, 2024 Mariel Alumit

According to a statement by Uniper, the two firms have extended their long-term gas partnership for the supply of up to 10 billion cubic meters of natural gas over the next 10 years. Under the […]

Atlantic
Exports

Atlantic LNG shipping rates rise for first time in six weeks

September 20, 2024 Mariel Alumit

Last week, Atlantic rates continued to decrease. “Spark30S Atlantic rates experienced a weekly increase for the first time in six weeks, rising by $2,000 to $59,750 per day,” Qasim Afghan, Spark’s commercial analyst told LNG Prime on […]

Chevron
Fossil

Chevron retrofits LNG fleet to cut methane slip

September 20, 2024 Mariel Alumit

Wärtsilä, in partnership with Chevron Shipping, is converting one engine on six of Chevron’s LNG carriers from dual-fuel (DF) to spark gas (SG) operation, a first-of-its-kind project in the marine industry aiming to reduce methane […]

Chevron CEO
Energy Policy

Chevron CEO: Biden’s LNG Moratorium Fails on All Fronts

September 19, 2024 Mariel Alumit

Chevron CEO Mike Wirth argues that the Biden administration’s green policies, particularly the moratorium on new LNG export permits, are undermining US energy security and raising energy costs. Wirth warns that these policies are hindering […]

LNG Industry
Geopolitical

LNG Industry Faces Uncertain Future

September 19, 2024 Mariel Alumit

The LNG industry is facing a series of challenges, including regulatory hurdles, supply chain disruptions, and price sensitivity, which could impact its future growth. Asian demand for LNG, a key driver of the industry’s expansion, […]

TotalEnergies
International News

TotalEnergies and CNOOC extend LNG supply deal

September 19, 2024 Mariel Alumit

TotalEnergies revealed this in a statement on Thursday saying it is part of its strategy to grow its long-term LNG sales. The company announced a 5-year extension of its SPA with CNOOC, for the delivery […]

China
LNG

China boosts August LNG imports

September 18, 2024 Stu Turley

Data from the General Administration of Customs shows that the country received 6.54 million tonnes during the last month, up 5.1 percent year-on-year. The data shows that during January-August, China imported 50.29 million tonnes of […]

Golar
LNG

Golar inks $1.6 billion EPC deal for FLNG conversion

September 18, 2024 Stu Turley

Golar announced the final investment decision on the FLNG project on Wednesday. Under the deal with CIMC Raffles, Black & Veatch will provide its licensed PRICO technology, perform detailed engineering and process design, specify and […]

LNG imports
LNG

Japan’s LNG imports up in August

September 18, 2024 Stu Turley

According to provisional data released by the country’s Ministry of Finance, the country’s LNG imports rose 1 percent year-on-year to 5.72 million tonnes last month. LNG imports rose compared to 5.62 million tonnes in July, which marked […]

Woodside
LNG

Woodside, Jera seal long-term LNG supply deal

September 18, 2024 Stu Turley

According to a Woodside statement, under the sales and purchase deal (SPA), Woodside will supply about 0.4 million tonnes, or six cargoes, of LNG per year over 10 years on a delivered basis to Japan, […]

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