Gas News


Woodside, BHP Sanction $12B Scarborough LNG Project

Nov 22, 2021

Woodside Petroleum and BHP Group gave their final go-aheads to spend $12 billion to develop the Scarborough gas field off Western Australia and expand the Pluto liquefied natural gas (LNG) plant, with the first cargo expected in 2026.The approval…

U.S. Republicans in Push to Sanction Nord Stream 2 Gas Pipeline

Nov 09, 2021

A group of U.S. Senate Republicans said on Monday they had introduced legislation that would impose mandatory sanctions on Nord Stream 2, a Russian-backed natural gas pipeline that opponents believe would be harmful to U.S. allies in Europe…

Lebanon-Israel Maritime Border Talks Need to Be Quick, U.S. Mediator Says

Oct 22, 2021

The U.S. mediator for indirect talks on border demarcation between Lebanon and Israel said on Thursday that the negotiations he was hoping to revive should be concluded in a short period if they were to succeed.Amos Hochstein, speaking to Al Hadath TV during a visit to Beirut…

Gas Exports Lift Norway Trade Surplus Record High

Oct 15, 2021

Norway's trade surplus rose last month to a record level thanks to soaring revenues from selling gas from its offshore fields, national statistics agency (SSB) data showed on Friday.With a daily output of around four million barrels of oil equivalent…

Shah Deniz Field: Azerbaijan Signs New Gas Supply Deal with Turkey

Oct 14, 2021

Azerbaijan has signed a new deal with Turkey to supply gas from its giant offshore Shah Deniz I field, Azerbaijan's energy minister Parviz Shahbazov told Reuters on Thursday.Azerbaijan halted gas supplies from Shah Deniz I to Turkey in April after the contract expired…

Putin: Russia Not Using Gas as a Weapon

Oct 13, 2021

President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the region's bloc called an emergency summit to tackle skyrocketing prices.Energy demand has surged as economies have rebounded from the pandemic…

Qatar Strikes Long-Term LNG Supply Deal with China's CNOOC

Sep 30, 2021

Qatar Petroleum has signed a long-term LNG sales deal with China's CNOOC Gas and Power Trading & Marketing Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC).QP will supply of 3.5 million tons per annum (MTPA) of LNG to CNOOC over a 15-year period starting January 2022…

MAN Energy Solutions' Subsea Compressors for Chevron's Jansz-Io Project in Australia

Aug 31, 2021

Norwegian firm Aker Solutions has awarded MAN Energy Solutions the contract to supply subsea compressor units for Chevron's Jansz-Io Compression (J-IC) Project offshore Western Australia.The Jansz-Io field was first discovered in April 2000 and is a part of the Gorgon project…

Thailand: PTTEP, Chevron Yet to Reach Deal on Erawan Offshore Gas Field

Aug 10, 2021

Thai oil and gas company PTT Exploration and Production Pcl (PTTEP) said last Thursday it had not yet been able to reach an agreement with Chevron about accessing the Erawan gas field in the Gulf of Thailand before it takes over the concession from the U…

LNG Price Recovery Spurs Spending in Race against Carbon Targets

Jul 28, 2021

The investment outlook for liquefied natural gas (LNG) has improved this year but project go-aheads will not match the bonanza of 2019, as the fight against climate change clouds the prospects for gas demand growth longer term.Renewed optimism as the industry emerges from the pandemic…

Wintershall Dea: Europe Needs More Gas from All Sources

Jul 27, 2021

Oil and gas producer Wintershall Dea, which has a 70% gas portfolio, on Tuesday said Europe needed multi-sourced gas to support decarbonization away from coal and to create a platform for future hydrogen production from carbon-free energy.Wintershall…

Shell Brings Online Barracuda Gas Project Offshore Trinidad and Tobago

Jul 22, 2021

Shell has started production from Block 5C in the East Coast Marine Area (ECMA) off Trinidad and Tobago. Block 5C, also known as Project Barracuda for which the FID was announced in January 2020, is a backfill project with approximately 25,000…

U.S. and Germany Strike Nord Stream 2 Pipeline Deal

Jul 22, 2021

The United States and Germany on Wednesday unveiled an agreement on the Nord Stream 2 gas pipeline under which Berlin pledged to respond to any attempt by Russia to use energy as a weapon against Ukraine and other Central and Eastern European countries…

Biden, Merkel Fail to Settle Nord Stream 2 Pipeline Dispute

Jul 16, 2021

President Joe Biden and German Chancellor Angela Merkel failed on Thursday to settle their dispute over Russia's Nord Stream 2 natural gas pipeline but said they agreed that Moscow must not be allowed to use energy as a weapon to coerce its neighbors…

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