Downstream

This post was originally published on this site PetroVietnam Gas said on Monday it had received a certificate from local authorities to become the country’s first company eligible to import and export LNG.

This post was originally published on this site Australia will change its Petroleum Resource Rent Tax (PRRT) to increase the tax paid by the offshore LNG industry, moves that should increase revenue by $1.6 billion over the next four fiscal years, Treasurer Jim Chalmers said on Saturday.

This post was originally published on this site The expansion is part of the Italian government’s strategy for replacing Russian gas with alternative supplies.

This post was originally published on this site The expansion is part of the Italian government’s strategy for replacing Russian gas with alternative supplies.

This post was originally published on this site U.S. energy company New Fortress Energy Inc. said on Thursday it could install the second and third of its Fast LNG production units onshore at Altamira in Mexico in the second half of 2024.

This post was originally published on this site The head of East Timor’s national oil company said he expects a decision by November on whether to pipe natural gas from its offshore Greater Sunrise project to the Southeast Asia island or to Australia for liquefaction and export.

This post was originally published on this site Mexico Pacific is set to build a natural gas pipeline and liquefaction plant in the northern state of Sonora for an investment of up to $14 billion, Mexican President Andres Manuel Lopez Obrador and his office said on Tuesday.

This post was originally published on this site Saudi Arabian oil giant Aramco is in a “listening phase” on proposals from refining giant Sinopec Corp. and French oil major TotalEnergies for a slice of a shale gas development project worth about $10 billion, two sources with knowledge of the matter said on Tuesday.

This post was originally published on this site U.S. producers of LNG exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America, data showed on Monday.

This post was originally published on this site BP has agreed to buy rival giant Shell’s 27% stake in the Browse joint venture, expanding its holding in Australia’s largest untapped gas resource in a move that could improve the development prospects for the long-stalled project.