Archive for the ‘LNG’ Category

LNG-fueled ships still account for only a fraction of the US and global fleets, and it may take several decades for significant benefits of LNG-powered vessels to be realized.

Shell Australia’s Prelude floating LNG facilities in the Browse basin offshore Western Australia have produced and shipped their first cargo of condensate. The 116,000-dwt tanker Advantage Atom loaded the cargo last week.

Energy Transfer LP and Shell US LNG have moved toward a final investment decision on the conversion of Energy Transfer’s regasification terminal at Lake Charles, La., into a 16.45 million-tonne/year natural gas liquefaction plant.

International news for oil and gas professionals

European mainland gas prices have fallen now to about $5/MMbtu, a 50% decline from late September peaks. The loss in supply-demand is due to warmer weather, large LNG imports, and more active renewables. Morgan Stanley argues that poor pricing conditio…

The natural gas agreement for the $13-billion Total SA-operated Papua LNG (Elk-Antelope) project in the Eastern Highlands of Papua New Guinea is likely to be signed on Apr. 5, according to the country’s Prime Minister Peter O’Neill. He made the announc…

The natural gas agreement for the $13-billion Total SA-operated Papua LNG (Elk-Antelope) project in the Eastern Highlands of Papua New Guinea is likely to be signed on Apr. 5, according to the country’s Prime Minister Peter O’Neill. He made the announc…

Western Australia’s Environmental Protection Authority (WAEPA) has revised its guidance on mitigating greenhouse gas emissions from large new or expanding projects in the state, drawing the ire of the petroleum industry.

As the Jan. 1 deadline for implementing IMO 2020 regulations moves closer, most discussion has centered on three paths by which shippers might reach the new global 0.5% sulfur limits on maritime fuels: burning the cleaner fuel, installing exhaust scrub…

Construction of Texas Brownsville LNG LLC’s proposed LNG project could result in adverse environmental consequences, the US Federal Energy Regulatory Commission said in a Mar. 15 final environmental impact statement. Impacts would be less than signific…