management

UAE's ADNOC planning US trading expansion

Abu Dhabi National Oil Company (ADNOC) is planning to set up a trading desk in the U.S. as part of the United Arab Emirates-backed oil and gas producer's global expansion efforts.

Waste manager WM explores $3 billion sale of renewable natural gas unit

Waste management firm WM is exploring a sale of its renewable natural gas business that could be worth about $3 B.

U.S. Republican lawmakers urge FERC to approve LNG applications

Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for LNG projects.

Sempra revisits choice of Bechtel on Cameron LNG expansion to cut costs

Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs.

Gazprom loss shows struggle to fill EU gas sales gap with China

Gazprom could face a long period of poor performance as it struggles to fill the gap of lost European gas sales with its domestic market and Chinese exports.

NextDecade plans to take FID on LNG train 4 in 2H of this year

In the company's Q1 business update, NextDecade's Chairman and Chief Executive Officer, Matt Schatzman, provided an update on the company's LNG terminal project in south Texas (U.S.).

Golden Pass LNG in discussions with contractor, may delay startup

Golden Pass LNG, a JV between QatarEnergy and Exxon Mobil, said it was in ongoing talks with a contractor that could have near-term impacts on activity at its site.

Karpowership and Petrobras forge strategic alliance to enhance integrated natural gas projects in the Americas

Karpowership and Petrobras have signed a Memorandum of Intent to combine their respective expertise in the natural gas and power sectors to guarantee supply and meet the demand of the energy industry across the Americas.

EU eyes Russia LNG transhipment ban, tighter control of sanction busting

The European Union is looking to enact harsher sanctions against Russia, including holding LNG owners more accountable for receiving Russian natural gas shipments.

Sinopec in talks with Pembina for LNG offtake of Cedar LNG project

China's Sinopec is in discussions with Pembina Pipeline Corp for a LNG offtake agreement and equity stake in the $4-B, 3-MMtpy Cedar LNG project in British Columbia, Canada.

Three emerging threats: Climate change, vandalism and cyber-attack

4/16/2024

Pipeline integrity management systems (PIMSs) are now common practice, driven by the Pipeline and Hazardous Materials Safety Administration (PHMSA) requirements in the U.S. This article discusses the threats associated with climate change, vandalism and cyber-attack from the perspective of existing risk models.

The illusion of accuracy in analyzing plant failures

This article highlights the challenges faced by plant engineers in accurately determining damage mechanisms, discussing three common illusions of accuracy including temperature limits, reliance on single references, and confirmation bias during failure investigations.

LNG developer Tellurian to explore sale among other options, CEO steps down

Tellurian said it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role, amid the LNG developer's efforts to keep its Driftwood export project alive.

Navigating the complex LNG value chain

3/7/2024

Capturing efficiency and visibility across the LNG value chain is possible with modern technologies. This article examines how boundless automation is managing data seamlessly from the field to the edge and into the cloud. This includes a move toward holistic, seamlessly integrated energy logistics software solutions that help operators visualize and manage the LNG value chain from end-to-end.

Optimized high-pressure injection system design

3/7/2024

This article details an optimization opportunity that was taken in a high-pressure injection system after a thorough evaluation during the Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project in Saudi Arabia.

bp awards Kent a five-year global commissioning framework agreement

Kent, a global integrated energy services company, announced that it has been awarded a five-year global commissioning framework agreement by bp.

API launches Standards Subscription Service

The American Petroleum Institute is pleased to announce the latest addition to the API Webstore -  the new Standards Subscription Service which offers Webstore customers unlimited, 24/7 access to API’s comprehensive suite of safety standards and technical documents for use across their organization.

Chatterjee Fund Management boosts stake in LNG developer Tellurian to 7.3%

Chatterjee Fund Management has increased its stake in U.S. LNG developer Tellurian to 7.3%, up from 5.2% previously.

NextDecade files to allow TotalEnergies to exit LNG stake

NextDecade has filed for a shelf registration that would allow TotalEnergies to sell its 17.5% stake in the U.S. LNG company over time.

Samsung Heavy says it has stopped making blocks for Russian shipyard's LNG carriers

Samsung Heavy Industries said it has stopped making blocks and equipment for 10 out of 15 Arctic LNG carriers contracted with Zvezda.

Brazil's Petrobras to invest $102 billion in next five years

Brazil's Petrobras will invest around $102 B within the 2024-2028 period, representing a major boost in expected investments by the state-run oil company.

Energy Transfer seeks new LNG export license after extension denied

Pipeline operator Energy Transfer requested a new and expedited export license for its proposed Lake Charles, Louisiana, LNG plant, according to a filing with the U.S. Department of Energy.

TotalEnergies and INPEX to buy 100% of Timor Sea gas field interest from PTTEP

TotalEnergies has teamed up with INPEX to acquire 100% of the interest in the AC-RL7 permit in the Timor Sea from PTTEP.

Asian buyers may seek U.S. LNG if Australia worker disputes worsen

Major Asian buyers of LNG could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate.

Chevron, Woodside in talks to avert Australian LNG strikes

Chevron and Woodside Energy Group are holding talks with unions to avert threatened strikes over pay and conditions at facilities that together supply about 10% of the LNG market.

How tech is laying the foundation for future LNG success and compliance

5/19/2023

This article details some of the ways LNG operators are embracing and deploying technology to close the gaps that exist in their ESG compliance infrastructures and emerging operational needs.

Tellurian faces setback in $12.5-B Driftwood LNG project

Commodities trader Gunvor can walk away from a 10-year, $12 B commitment to buy LNG if Tellurian's Driftwood LNG project lacks a financial go-ahead, project financing and a full construction authorization by March 1.

WFW advises Hoegh LNG on refinancing options for German FSRUs

Watson Farley & Williams advised Höegh LNG on the refinancing of the Höegh Esperanza and Höegh Gannet FSRUs that will service Germany’s new FLNG terminals in the North Sea ports of Wilhelmshaven, Lower Saxony and Brunsbüttel, Schleswig-Holstein.

Executive Q & A: How oil & gas companies can navigate the energy transition

2/1/2023

Gas Processing & LNG had the opportunity to speak with Alexandra Gajewski, Vice President, Energy Transition Solutions for Quorum Software, to discuss environmental, social and governance (ESG) and energy transition strategies.

Protecting the workplace and employees: The critical role of security technology

12/1/2022

When it comes to the benefits that an integrated security solution offers to suppliers in the energy sector, the first topic of discussion is almost always centered on minimizing risk to physical site assets and data.