LNG
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
A series of major advances will move Phase One of the Alaska LNG Project from the development phase into execution.
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Contractor will engineer and construct the 2.1 mtpa plant in British Columbia to be fully powered by hydroelectric technology. -
Woodside and BHP make final investment decision on $12 billion offshore development and additional LNG train in Australia. The approval on Monday came at the same time the operators signed an agreement to merge BHP’s petroleum unit into Woodside, originally announced in August.
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Pavilion Energy, QatarEnergy, and Chevron have revealed their new methodology with the hopes of increasing transparency and helping the industry move toward a lower-carbon future.
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Companies join forces in carbon capture project near LNG facility.
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JERA Americas will receive just over a quarter stake in the LNG exporter for $2.5 billion.
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Africa’s first floating LNG facility will be towed from South Korea to its new home on the Coral South project.
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A new deal between China and Venture Global is the latest in a string of US LNG commitments to Asia.
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Gas production from the new field will be used to backfill the joint venture’s LNG plant at Caution Bay.
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Alternative investment firm acquires LNG transportation specialist for $1.5 billion.
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The price of natural gas has more than doubled this year in many parts of the world. The ripple effects are starting to be felt, but how wide they will spread may not be known until winter comes.
