Stonepeak in $6.2bn move on Teekay LNG
Stonepeak and Teekay LNG have set out a $6.2 billion merger plan, in a deal expected to close by the end of 2021.
LNG
Nasdaq nixes Tellurian bond offering
Tellurian has opted to scrap its planned note sale after Nasdaq refused to list the bonds.
Two hours, two fans sees LNG Canada tank roof raised
LNG Canada has raised the roof at its LNG storage tank, which will be one of the largest in the world.
Quebec kills LNG plan citing IEA net zero plans
Quebec has officially rejected a proposed LNG export project, citing the International Energy Agency’s (IEA) net zero report from May.
First Nation-backed LNG project eyes net zero
A new floating LNG (FLNG) export plan is taking shape off Canada’s west coast, with an eye on achieving net zero.
TotalEnergies pulls out of Tellurian’s Driftwood LNG
TotalEnergies and Tellurian have parted ways over an ambitious LNG supply and shares agreement.
Supplying Asia with LNG got much costlier for the US, but strong demand brings export records
Supplying liquefied natural gas (LNG) to the expanding Asian market has become more expensive for US producers this year, a Rystad Energy report reveals. Even so, US exporters are unlikely to repeat last year’s cost-related shut-ins as global demand has rebounded to strong levels. Instead, US LNG exports climbed to a record monthly high of 6.5 million tonnes in May and may keep rising to new peaks, according to the energy consultancy.
Tellurian adds Vitol to Gunvor for LNG offtake
Tellurian has signed a sale and purchase agreement with Vitol for the supply of 3 million tonnes per year.
Venture Global ties CCS plan to LNG exports
Venture Global has set out plans to capture 500,000 tonnes per year of carbon at its Calcasieu Pass and Plaquemines LNG projects.
Woodside seeks exit for struggling Kitimat LNG project
Australia’s Woodside Petroleum said today that it has decided to exit its 50% non-operated interest in the proposed Kitimat liquefied natural gas (LNG) export project in Canada. However, finding a buyer for the Chevron-operated development, will prove challenging.
Shell receives carbon neutral Cheniere LNG cargo
Cheniere Energy has supplied a carbon neutral LNG cargo to Shell in Europe.
Worley wins Cheniere LNG work
Cheniere Energy has awarded a number of master service agreements to Worley, for work on LNG facilities on the US’ Gulf Coast.
Annova LNG scraps Brownsville plan
Annova LNG has scrapped its plans for an LNG export facility in Brownsville, in Texas.
New Fortress pulls trigger on floating LNG plan
New Fortress Energy has taken a final investment decision (FID) on its Fast LNG plan.
Keppel delivers small-scale LNG carrier
Singapore’s Keppel Offshore & Marine (Keppel O&M) has delivered its second newbuild liquefied natural gas (LNG) carrier to small-scale integrated supplier Avenir LNG.
Qatar signs on to cut LNG carrier costs
Qatar Petroleum (QP) has signed a deal backing LNT Marine's LNG containment system for new medium and large LNG carriers.
Leif Höegh, Morgan Stanley team up to buy Höegh LNG
Leif Höegh & Co. (LHC) in a joint venture with Morgan Stanley Infrastructure Partners have made a 23.5 krone ($2.73) per share offer for Höegh LNG Holdings.
Shell warns of LNG under-investment
Demand for LNG will continue rising, Shell expects, leading the company to warn of a supply shortage by the mid-decade.
Cheniere aims for carbon accountability on LNG cargos
Cheniere Energy has set out plans to provide greenhouse gas emissions data from its LNG cargoes as of 2022.
BlackRock takes GasLog off the market
BlackRock’s Global Energy & Power Infrastructure (GEPIF) will acquire all publically held shares of GasLog, taking the LNG carrier private.
Fluor rethinks risks, sets out Stork sale plans
Fluor plans to sell off its Stork asset within the next 12-18 months, the company said, while also moving the unit’s results into discontinued operations in the first quarter of this year.
LNG Canada plans return after COVID-19 outbreak
Staffing levels are increasing at LNG Canada following a COVID-19 outbreak in November and December.
Costa Azul hits first LNG FID of the year
Backers of the Costa Azul LNG export plant in Mexico have reached a final investment decision (FID), the first to be taken globally this year.
Engie drops US LNG amid energy transition shift
France’s Engie has pulled out of a proposed agreement to secure LNG from NextDecade’s Rio Grande LNG project, over concerns about shale gas development.
France says ‘non’ to Engie’s US LNG plans
The French government is delaying plans for Engie to secure a deal to import US LNG, citing concerns over emissions.