The UK is about to receive liquefied natural gas from far-off Australia for the first time in at least six years, highlighting the European region’s desperation in grappling with its worst energy crisis in decades.
Indonesian upstream regulator SKK Migas has confirmed that Repsol’s (BME:REP) Kali Berau Dalam (KBD) gas discovery, initially thought to be the country’s biggest find in 18 years, is significantly smaller than expected, putting the mega project in doubt.
Japan’s Inpex has reiterated that it is targeting start-up of the stalled Abadi LNG project in the Masela Block offshore Indonesia in the early 2030s.
Australia’s carbon capture, utilisation, and storage (CCUS) sector looks set for a boost as oil and gas companies, including BP (LON:BP), Santos (ASX:STO), and Woodside Energy (ASX:WDS), are investing heavily in large-scale projects.
Strohm has been contracted to manufacture and deliver two thermoplastic composite pipe (TCP) flowlines to Australian liquefied natural gas (LNG) developer Woodside Energy. The technology will form an integral part of the relief well emergency response plans for the well construction phase of the Scarborough field development.
Japan’s Inpex (TYO:1605) has filed a claim for $975 million against South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) relating to the construction of a floating production storage & offloading (FPSO) vessel for its Ichthys LNG project in Australia.
A longstanding US lawsuit filed against ExxonMobil (NYSE:XOM) that alleges the oil and gas giant was responsible for human rights violations, including sexual assault, battery and wrongful death, that was committed by members of the Indonesian military, looks set to be heard after 20 years, as the company’s repeated attempts to block the trials have been overturned.
Britain’s relative immunity to natural-gas supply cuts from Russia may be about to run out.
Beach Energy (ASX: BPT) has signed a sale and purchase agreement with BP (LON: BP) for 3.75 million tonnes of liquid natural gas (LNG).
South Korea is looking to buy more liquefied natural gas to replenish stockpiles before winter.
The Indonesian government is directing national oil company Pertamina to buy Shell’s (LON:SHEL) 35% equity in the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japan’s Inpex (TYO:1605).
Russia’s government ordered the establishment of a new operator for the Sakhalin-2 liquefied natural gas (LNG) project in the Far East region, according to a document published in the nation’s legal database.
Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the Philippines, one of Southeast Asia’s fastest growing economies. The news comes as plans to import maiden liquefied natural gas (LNG) cargoes into the country have stuttered due to surging global prices.
AG&P aims to commission the Philippines' first liquefied natural gas (LNG) import terminal this December as part of the company’s strategy to operate five LNG regasification facilities across Asia by 2025.
Australia should tighten measures to curb natural gas exports from one of the world’s biggest suppliers to avoid a domestic fuel crunch, according to the nation’s competition watchdog.
A potential resurgence in nuclear power combined with increasing renewable energy capacity could see less liquefied natural gas (LNG) fueled power projects built in South Korea than previously anticipated.
An unprecedented energy crisis that’s gripping some of the most densely-populated and impoverished parts of South Asia may soon worsen as more fuel suppliers avoid selling oil to these nations.
Cheniere will supply 1 million tonnes per year (t/y) of LNG to Thailand’s PTT from its Corpus Christi export terminal in the US after the pair signed a 20-year contract starting in 2026. Significantly, it marks the first US liquefied natural gas (LNG) deal agreed with PTT, Thailand’s largest state-owned, multinational energy company.
At a time when natural gas buyers are fighting over every last molecule, China -- the world’s top importer -- is noticeably quiet.
The coal plus renewables energy transition led by Asia Pacific’s largest growth markets – China and India – is gathering speed. Significantly, it is a lot cheaper than the natural gas plus renewables path followed by the EU and US to lower emissions.
Russia is once again sharply reducing the flow of piped gas to Germany, reminding Europe of the daunting challenge the continent faces to build up its energy stockpiles before winter.
Santos (ASX:STO) has lodged revisions relating to the environmental plan for the export pipeline connecting the Bayu Undan gas field offshore East Timor to the Darwin LNG facility in northern Australia with the Australian regulator .
Japan’s Inpex and Japanese gas distributor Sakata Natural Gas have signed an agreement that will see Inpex supply carbon neutral liquefied natural gas (LNG) to Sakata.
Australia’s Woodside Energy Group (ASX:WDS) today issued a clarification on full year 2022 production guidance after confusion reigned yesterday after it appeared that production guidance had been reduced by 4 million barrels of oil equivalent (boe) in yesterday’s trading update.
Japan’s Inpex has signed a statement of commitment to a net zero emissions future with the government of Australia’s Northern Territory, where the Ichthys liquefied natural gas (LNG) project’s onshore gas liquefaction plant is located.