LNG
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.
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
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The offshore plant is expected to produce up to 2.8 mtpa in early 2023. -
Anticipating making a final investment decision later this year, NextDecade made a 20-year deal with Guangdong Energy Group Natural Gas Co. to be supplied from its Rio Grande LNG export project.
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A transatlantic task force will be formed to oversee the EU’s goal of reducing Europe’s dependence on Russian fossil fuels and strengthen European energy security.
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Discussions on long-term LNG supplies from Qatar to Germany to re-engage after years of uncertainty held up potential deals.
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Venture Global is closing in on FID for Plaquemines LNG terminal in Louisiana and has already sold 70% of its planned nameplate capacity.
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The plants are expected to be put into operation no later than 2024.
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Bechtel gets the go-ahead to begin early engineering and procurement work under a limited notice to proceed.
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Baker Hughes will supply a plug-and play modularized liquefaction train system for the Plaquemines LNG project.
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The proposed LNG terminal will expand Germany's alternatives for gas supply and reduce its dependence on Russian imports.
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Deal between P’nyang partners and independent state a step forward for the proposed development of the P’nyang LNG project.
