Canada
Investments surge on strong demand outlook for LNG bunkering
Drewry projects more than 1,000 LNG-fueled vessels to be in service by 2027. However, development of the bunkering infrastructure appears to be lagging in comparison to the growth in fleet as well as the potential demand, which could take a leap of 30 MMtpy by 2028.
Air Products to build network of H2 refueling stations in Alberta, Canada
Air Products announced in late April that it intends to build a network of permanent, commercial-scale multi-modal hydrogen refueling stations stretching from Edmonton to Calgary, Alberta, Canada.
Canadian Utilities plans C$2-B Alberta natural gas pipeline
Canadian Utilities is developing a C$2-B ($1.46-B) natural gas pipeline project in Alberta to transport natural gas to a Dow petrochemicals plant and other industrial facilities.
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.
Squamish Council rejects Woodfibre LNG's "floatel" amid safety/environmental concerns
The District of Squamish council voted to reject a 1-yr temporary use permit for Woodfibre LNG's use of a renovated cruise ship to house more than 600 workers.
Plug expands cryogenic sales with multiple customer agreements
Plug Power Inc., a global leader in comprehensive hydrogen (H2) solutions for the green H2 economy, has been awarded contracts to supply cryogenic equipment to a multinational industrial gas company and a statewide electric utility company.
U.S. stands to lose Canadian natural gas when LNG Canada terminal starts up
The startup of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high.
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA).
Steep discounts, new vessels spur demand for LNG to power ships
Demand for LNG to power ships will rise this year on attractive prices, while more dual-fuel vessels join the global fleet, industry executives said.
Rupture on TC Energy's NGTL gas pipeline sparks wildfire in Alberta
A section of TC Energy's NGTL gas pipeline system in Alberta ruptured and caught fire, sparking a wildfire in a remote area, the company said.
Global pipelines construction outlook 2024: New LNG terminals sound call for more pipelines—Part 1
Mike Reed, Editor-in-Chief, Pipeline & Gas Journal, provides an overview of capital investments in pipeline construction. Part 1 examines capacity builds in North America, and Central and South America.
Global Projects Data
A quick look at total project numbers by region.
Tamarack Valley shuts Alberta output after gas plant fire
Canada's Tamarack Valley Energy has temporarily halted production at a Canadian Natural Resources Ltd gas plant in Alberta following a fire.
Shell sees significantly lower Q1 LNG trading results
Shell said it expects significantly lower results from its LNG trading business in the first quarter of 2024 compared with the previous three months.
Pembina Pipeline enters LNG offtake agreement with ARC Resources
Pembina Pipeline said it has entered into an agreement with Canadian firm ARC Resources, which will deliver about 200 MMcf per day of natural gas for liquefication to the Cedar LNG project.
Baker Hughes to supply electric-driven liquefaction technology for Cedar LNG project
Baker Hughes, an energy technology company, announced it was awarded an order from Black & Veatch, a global engineering, construction and consulting leader, to supply Cedar LNG in Canada with electric driven liquefaction technologies.
ExxonMobil ahead of schedule on doubling LNG portfolio, exec says
ExxonMobil is ahead of schedule with its plan to double the size of its LNG portfolio to 40 MMtpy by 2030 and will focus on selling its own gas rather than trading that of third parties.
Global LNG market will 'be tight' until 2026 - TotalEnergies CEO
The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.
Shell publishes Energy Transition Strategy 2024
Shell has published its first energy transition update since the launch of its Powering Progress strategy in 2021 and with this energy transition update, Shell is focusing on how the same strategy delivers “less emissions”.
Global Project Data
A snapshot of the global gas processing and LNG project landscape.
TC Energy to sell Portland Natural Gas Transmission System for $1.14 B
TC Energy said it has agreed to sell Portland Natural Gas Transmission System to a BlackRock-managed fund and Morgan Stanley Infrastructure Partners for $1.14 B as part of its ongoing efforts to reduce debt and fund investments.
Global LNG demand seen rising in 2024 from China, Europe
Global LNG demand will grow in 2024 with top buyer China back in the market and consumption in Europe rising.
MAMII expands membership with Chevron, Seapeak, and TotalEnergies joining the initiative
Leading energy companies TotalEnergies and Chevron, and major gas carrier Seapeak, have joined the Methane Abatement in Maritime Innovation Initiative, led by SafetyTech Accelerator.
Heidelberg Materials North America announces latest step in Edmonton CCUS Project
Heidelberg Materials North America announced a significant milestone in its two-stage competitive procurement process as it works to select the capture technology and contractor for providing the CO2 separation solution for its Edmonton, Alberta, Carbon Capture, Utilization, and Storage Project.
Shell expects 50% rise in global LNG demand by 2040
Global demand for LNG is estimated to rise by more than 50% by 2040, as China and countries in South and Southeast Asia use more LNG to support their economic growth.
Shell target asset management efficiencies across new projects
Shell has contracted ABL's specialist master data build and optimization software - Effio, to support a number of its large-scale newbuild projects including LNG Canada, Crux and Jackdaw.
European and Asian companies affected by U.S. pause on LNG export permits
U.S. President Joe Biden's administration announced a pause on pending and future permits to export LNG to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts.
U.S. pause on LNG exports raises pressure on Canada, BC to do same
U.S. President Joe Biden's decision to pause expansion of American LNG exports has raised pressure from environmental groups on the British Columbia and Canadian governments to do the same, although following suit may be politically difficult.
Canada's Trans Mountain pipeline expansion to start in April
Canada's Trans Mountain Corp will begin adding crude oil to its long-delayed pipeline expansion in February and expects it to start operating in the second quarter.
Gas exporting group sees tight global LNG markets until 2026
The Gas Exporting Countries Forum sees tight global LNG markets until 2026 as demand rises 1.5% this year and up to 22% through 2050.
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Credit Agricole says it will not fund two major LNG projects
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
- Shell exits China power market businesses, renews focus on natural gas
