LNG
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
Increased capacity from new terminals and expansions drove up exports of liquefied natural gas at the quickest rate since 2016.
While discussions on the commercial terms for gas sales continue, the release of the jackup rig intended to drill production wells calls into question Shell’s plans for first gas in 2027.
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This paper describes a chemical-free process with a small footprint designed to capture exhaust from natural gas drive compressors and supporting gas-fueled production equipment.
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The integration of new technologies and innovative approaches plays a pivotal role in driving sustainable advancements and value gains. These advancements are crucial for enhancing operational efficiency, reducing environmental impacts, and meeting the increasing global demand for natural gas as a key fuel powering the energy evolution.
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Canadian independent sees divestment occurring in the first half of 2024, putting it out of the LNG business.
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The project advances toward the final investment decision expected this year.
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With its North Field development project in full swing to the south and east, Qatar is now turning west to supercharge its plan to raise LNG production by almost 85% before 2030.
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The Scarborough energy project is targeting first LNG cargo in 2026.
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Sales price will be linked to the Japan Korea Marker for a 20-year period.
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The company looks to focus its efforts on getting phase one of its Driftwood LNG up and running by shedding Haynesville acreage.
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Two supermajors exit California, and the US put the brakes on permits to export LNG.
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Republicans have been raising concerns for weeks about a possible administration clampdown on natural gas exports. Now that it’s official, expect the congressional pushback to intensify.