Downstream

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.

This post was originally published on this site Top LNG trader Shell expects its agreement with Venture Global LNG to supply liquefied natural gas to be honored, but does not see this happening at the moment, CEO Wael Sawan said on Thursday.

This post was originally published on this site Italian energy services group Saipem on Thursday said efforts to restart a multibillion-dollar LNG project in Mozambique for TotalEnergies were underway but refrained from giving a precise timeline.

This post was originally published on this site Edison said its first-half net profit fell 7% year-on-year to $207 million, dented by a delay in LNG deliveries from the United States. Likewise, Shell and BP have separately filed for arbitration against Venture Global LNG for failing to supply contracted cargoes.

This post was originally published on this site EQT, the biggest U.S. natural gas producer, entered into an LNG agreement with U.S. energy firm Energy Transfer’s proposed Lake Charles LNG export plant in Louisiana.

This post was originally published on this site The shutdown of part of Canadian energy company TC Energy’s Columbia Gas Transmission Pipeline in Virginia after a fire on Tuesday has reduced the amount of gas flowing to the Cove Point LNG export plant in Maryland, the plant told customers.

This post was originally published on this site Indonesia’s Pertamina and Malaysia’s Petronas signed an agreement with Shell on Tuesday to buy its 35% stake in the Masela natural gas block for up to $650 million, moving the project forward after years of delay.