Downstream

This post was originally published on this site Sempra has strategically positioned LNG as a burgeoning sector within its portfolio and is making noteworthy strides in expanding its LNG infrastructure, with key projects in the pipeline. Among these ventures is the Costa Azul LNG export plant in Mexico, which is on track to contribute to […]

This post was originally published on this site (P&GJ) — Sypris Technologies Inc. has won an award for specialty high-pressure closures for use in the Venture Global CP2 LNG export terminal and the Venture Global CP Express natural gas pipeline project.

This post was originally published on this site Crown LNG Holdings, which develops LNG terminals to operate in harsh weather conditions, has agreed to go public in New York by merging with a blank check firm in a deal that values the combined company at $685 million.

This post was originally published on this site ConocoPhillips has signed 20-year deals to receive a collective 2.2 million tons of LNG a year from Mexico Pacific’s Saguaro export facility, the U.S. oil and gas producer said on Thursday.

This post was originally published on this site The deal would be part of GAIL’s plans to lock in new supply contracts by 2030 to diversify its gas imports and hedge against supply disruptions like those seen after Russia’s invasion of Ukraine last year, when LNG prices surged to a record high.

This post was originally published on this site BP will defend its rights “to the absolute fullest” in an arbitration case against U.S. exporter Venture Global LNG for failing to supply contracted cargoes, CEO Bernard Looney said on Tuesday.

This post was originally published on this site (P&GJ) — The strategic partnership aims to leverage the expertise and resources of both companies to expand UNRG’s processing capabilities of LNG and unlock its immense potential as a clean and versatile energy source.

This post was originally published on this site Venture Global LNG’s proposed Calcasieu Pass 2 project in Louisiana has received FERC’s environmental approval, clearing the way for a final vote by the commission on expanding the company’s natural gas liquefaction facility.

This post was originally published on this site (P&GJ) — BP and OMV have announced the signing of a long-term sale and purchase agreement covering supply of up to 1 million tonnes of LNG per year for 10 years from 2026.

This post was originally published on this site Mario Mehren, CEO of Wintershall Dea, stated that the company’s exit from Russia, announced in January, is challenging due to deep ties, including a stake in the Nord Stream gas pipeline shipping gas directly from Russia to Germany.