The company has delayed FID due to the pandemic and adjustments needed due to climate change.
Something unusual is happening on the way to 2022. The “shoulder months” are barely shoulder months. A one-year wonder or a new gas paradigm? Outlooks are favoring the latter. Here’s why.
With state-owned refineries completing overhauls, the number of refineries resuming operation is gradually increasing, analysts said.
Italian energy group Eni said on Aug. 5 it has reached an agreement with Taiwan's CPC Corp. for the delivery of a carbon-neutral LNG cargo to CPC Corp. at the Yung An receiving terminal in Taiwan.
PGNiG, Poland’s biggest gas company, signed a 20-year agreement for LNG supples with Sempra in 2018, as part of its bigger plan to cut reliance on gas imports from Russia.
The Shell agreements mark the third deal Tellurian has finalized in 10 weeks, totaling 9 mtpa, which Tellurian said is nearly all the capacity of the proposed 27.5-mtpa Driftwood LNG export facility’s first two plants.
U.S. LNG exports surged as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather, according to IEA.
U.S. natural gas futures rose to a fresh 31-month high on July 23 on forecasts for hotter weather and higher air conditioning demand over the next two weeks than previously expected.
Barracuda is Shell’s first greenfield project in Trinidad and Tobago and one of its largest in the country since its BG Group acquisition.
Innovative floating LNG design will produce 12 million tonnes per year of low-cost LNG.