Yamal Lng News

 

US Government Scraps Two Offshore Wind Leases for Fossil Fuel Investment Pledge

Apr 27, 2026

President Donald Trump's administration said on Monday that it had reached a deal to end two more U.S. offshore wind leases in exchange for $885 million in pledged investments in domestic fossil fuels.The projects, one in the Atlantic and one in the Pacific, are managed by Ocean Winds, a joint venture between France's ENGIE and Portugal's EDP Renewables.The announcement comes a month after French energy…

Norway’s Hammerfest LNG Set for Restart After Valve Repairs

6 hours ago

Norway's Hammerfest LNG export terminal is undergoing repairs for a mechanical fault in a valve that halted production last week, a spokesperson for operator Equinor said on Tuesday.Europe's largest export terminal for liquefied natural gas (LNG)…

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

May 13, 2026

Petronas LNG (PLL) has signed a 20-year time charter agreement with MISC Group for five newbuild liquefied natural gas (LNG) carriers as the Malaysian energy company strengthens long-term LNG supply capacity.The agreement covers five 174,000…

Eni Eyes FLNG-Backed Deal with Big Investment Firms

May 13, 2026

Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal backed by its floating liquefied natural gas (FLNG) assets, three people familiar with the matter said…

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

May 13, 2026

Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with knowledge of the matter, in a demonstration of Tehran's ability to control energy flows through the Strait of Hormuz…

Woodside’s Delayed Browse LNG Project Cost Estimate Climbs to $35B

May 11, 2026

Woodside Energy's long-delayed Browse liquefied natural gas project is now expected to cost A$48.7 billion ($35.2 billion), according to a new report commissioned by the company.The proposal to develop Australia's largest untapped gas resource…

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

May 08, 2026

UTC Overseas and Transoceanic Development have launched UTC Transoceanic (UTC Transo), a joint venture aimed at supporting the growing logistics needs of energy, power and industrial infrastructure projects along the U.S. Gulf Coast.Headquartered in New Orleans…

Turkey Looks to Expand LNG Imports from Algeria

May 08, 2026

Turkey is looking to extend its liquefied natural gas (LNG) agreement with Algeria ahead of its expiry in September 2027, Energy Minister Alparslan Bayraktar said, adding that some of the gas could potentially be transported to southeastern Europe…

Delfin Signs Long-Term LNG Supply Deal with Gunvor

May 07, 2026

Delfin Midstream has signed a long-term liquefied natural gas supply agreement with commodity trader Gunvor Group tied to its offshore Louisiana export project.Under the agreement, Delfin LNG, a subsidiary of Delfin Midstream, will supply 0…

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

May 07, 2026

The Iran war has already led to a loss of about 120 billion cubic metres of global liquefied natural gas supply over the 2026 to 2030 period, Gergely Molnar, an analyst from the International Energy Agency, said on Thursday.Speaking at the Budapest LNG Summit…

Southeast Asia Sees New Wave of Deepwater Gas Projects

May 04, 2026

Southeast Asia is entering a critical second wave of deepwater gas development targeting 28 trillion cubic feet of resources across Indonesia, Malaysia and Brunei. However, delivering these projects won’t be easy, says Wood Mackenzie.The models suggest these projects have fragile economics…

Woodside Energy Appoints COO

Apr 30, 2026

Woodside Energy has appointed Breyden Lonnie as Executive Vice President and Chief Operating Officer Australia.Lonnie has acted in the role since December 2025, with responsibility for Woodside’s portfolio of operations and projects in Western Australia and the Bass Strait…

Woodside Completes Scarborough FPU Subsea Link Ahead of LNG Start-Up

Apr 30, 2026

Woodside Energy has connected its floating production unit (FPU) offshore Western Australia to onshore operations via fibre optic cable, marking a key milestone for the Scarborough Energy Project as it targets first LNG cargo later this year…

Apollo, Blackstone, KKR Eye Shell Stake in LNG Canada

Apr 30, 2026

Apollo Global Management, Blackstone and are battling it out to acquire a significant stake in the mammoth LNG Canada project from energy major Shell, three people familiar with the matter said.The trio, among the world's largest asset management firms…

Woodside Plans Review as Quarterly Revenue Tops Forecasts

Apr 29, 2026

Australia's Woodside Energy said on Wednesday it would review its business to simplify operations and improve accountability, as stronger realised prices helped first-quarter revenue beat expectations despite cyclone-related disruptions.Shares of the firm were up as much as 1…

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