BRUSSELS (AP) — The European Union on Monday slapped new sanctions on Russia over its war on Ukraine, targeting Moscow’s shadow fleet of tankers moving liquefied natural gas through Europe as well as several companies. In a statement issued at a meeting of EU foreign ministers, the bloc said that it will “forbid reloading services […]
The EU nations have reached an agreement on a 14th package of sanctions against Russia in response to its war in Ukraine. Diplomats confirmed the sanctions, including the first measures targeting Russian LNG, on Thursday. The EU has restricted the re-export of Russian LNG in its waters but hasn’t completely banned imports, unlike the ban […]
BRUSSELS (AP) — European Union ambassadors have reached agreement on a “powerful and substantial” new series of sanctions that are part of its ongoing response to Russia’s invasion of Ukraine, the bloc’s Belgian presidency said Thursday. “This package provides new targeted measures and maximizes the impact of existing sanctions by closing loopholes,” the presidency posted […]
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(Bloomberg) — A section of a key liquefied natural gas export facility in Australia halted production Monday, threatening to further tighten global supplies after a pipeline issue in Norway curbed flows in Europe. Most Read from Bloomberg Chevron Corp.’s Gorgon liquefied facility halted production on one of its three units, according to people familiar with […]
Woodside Energy will receive a $1 billion loan from the Japan Bank for International Cooperation (JBIC) to support the Scarborough LNG project’s development, the company announced May 30. The project will be part of Woodside’s Scarborough gas field, located about 230 miles off the northwest coast of Australia. The project’s first LNG cargo is scheduled […]
By Curtis Williams HOUSTON (Reuters) -The lead contractor building a Texas liquefied natural gas (LNG) plant for QatarEnergy and Exxon Mobil on Tuesday filed for Chapter 11 bankruptcy protection, citing challenges at the project. Zachry Holdings, which held the lion’s share of the $10 billion construction project called Golden Pass LNG, said it was pursuing […]
(Bloomberg) — Since the start of Russia’s invasion of Ukraine, Europe and its allies have looked for ways to curb Moscow’s fossil fuel revenues without inflicting higher energy costs on their own citizens. The latest plan: ban use of European Union ports for re-exporting liquefied natural gas. Most Read from Bloomberg Russian producer Novatek PJSC […]
By Rod Nickel and Scott DiSavino The start-up of LNG Canada, the country’s first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion […]
May 2—PORT ARTHUR — Texas Oil and Gas Association President Todd Staples and TXOGA Chief Economist Dean Foreman on Thursday testified before the Texas House Select Committee on Protecting Texas LNG Exports’ hearing in Port Arthur, which focused on the Biden Administration’s recent decision to pause liquified natural gas (LNG) export permit approvals. “We commend […]
QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) to construct 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to the company’s LNG fleet expansion programme. On Monday, the Chinese state-owned conglomerate signed a contract in Beijing with QatarEnergy for 18 superheavy LNG tankers. Qatar’s Energy Minister, Saad Sherida Al-Kaabi, said: […]
PORTSMOUTH – State energy regulators are in an unusual position as they consider whether to extend the life of what was supposed to be a temporary liquefied natural gas facility in Portsmouth that has attracted the ire of neighbors. While the Energy Facility Siting Board heard evidence that there’s a need, at least for now, […]