LNG
The global oil and gas industry is reimagining natural gas processing and handling in response to environmental pressures, economic realities, and technological opportunities. The predominant narrative is one of transition.
This paper describes the operator’s initiative to reduce greenhouse-gas emissions and recover additional hydrocarbon, monetizing it as sales gas, by integrating upstream and downstream gas facilities in a unified approach.
This paper highlights the effects of tax credits on business operations for midstream companies in the Permian Basin.
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Petronas has become the first global energy company to own and operate two floating LNG production facilities. The PFLNG DUA loaded its first shipment on an LNG carrier bound for Thailand. Petronas is also stepping up promotion of its 2021 licensing round for new fields. -
The sale of the minority stake is part of its larger 2021 program to raise an average of $4 billion annually by shedding noncore holdings.
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Russia’s largest oil company is moving quickly to shed underperforming brownfield assets to raise capital and transform itself into a major LNG player this decade. The state-owned giant is making the move as natural gas positions itself for a growing role in the energy transition.
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WaveCrest Energy will develop, build, and own LNG assets to service underserved markets.
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China is seen as leading the way for consumption growth in the coming decades.
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Disputes that closed the plant 8 years ago are now resolved, said Italy’s Eni.
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Driftwood gets the green light, as demand rebounds and the stars align at last.
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This year gas is expected to look only a bit better, but after 2019 that is a relief.
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The US Department of Energy has extended export terms for seven long-term LNG licenses until 2050. The extension affects projects currently under construction or pending the start of construction.
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China independent distributor Jiasheng Gas Co. is set to build a $380-million LNG storage and receiving facility in east China, as the country opens up to more private participation and investments surge in LNG import terminals.
