LNG
Project financing raised by JP Morgan will enable YPF and its partners Eni and ADNOC’s XRG to launch Phase 2 of Argentina LNG, boosting production to 18 mtpa by 2030–2031.
The Gorgon Phase 3 project aims to counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.
By resuming work on the Rovuma LNG project, ExxonMobil tees up a final investment decision expected in 2026 as East Africa’s LNG hub begins to take shape with three separate projects now in construction.
-
Baker Hughes has acquired the power generation division of the UK’s BRUSH group to grow its turbomachinery portfolio and decarbonization solutions capabilities. -
Eni has proposed that its partners in the Rovuma LNG project construct a second floating liquefied natural gas processing facility to circumvent political risks that have disrupted ExxonMobil from building an onshore megaplant.
-
New liquefaction facility planned for Squamish, British Columbia, is expected online in 2027.
-
ExxonMobil LNG Asia Pacific will purchase 1.0 mtpa from Rio Grande LNG plant over a 20-year period.
-
As the US bests Qatar and Australia for top LNG supplier, Europe is overtaking Asia as the top destination for US cargoes.
-
Energy trader Vitol also made an unspecified strategic investment in Delfin Midstream.
-
New Fortress Energy again taps the engineering giant for one of its modular LNG plants, this one using fixed platforms.
-
QatarEnergy has selected Shell as its fifth and final international partner on the expansion project.
-
The Russian president has signed a decree that appears to nationalize the Sakhalin-2 offshore oil and gas production-sharing agreement and related LNG facilities to squeeze out its foreign partners.
-
The LNG provider has firmed up financing that will allow it to proceed with construction of the third stage of the Texas coast liquefaction project.
