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Australia's Carbon Emissions Drop 5 per cent in 2020
Australia's carbon emissions fell by 5 per cent in 2020 with growth in wind and solar energy, a hit to transport from coronavirus lockdowns, and a rise in carbo…
Qatar Could Offer Chinese Firms Stakes In World’s Largest LNG Project
Qatar is in discussions with Chinese state energy giants to potentially make them equity partners in the world’s largest LNG project, in what could be a strate…
Gas power plant
Millennium Proposes $15 B LNG-to-Power Project in Vietnam
Millennium Energy Vietnam, a member of the U.S.-based Millennium Petroleum Group, has proposed to develop a $15 billion LNG project in Soc Trang province.
Japan Backs LNG Project Financing Ahead of Biden Climate Change Summit
State-owned Japan Oil, Gas and Metals National Corporation said April 20 that it will step up financial support for LNG projects and enhance its market informat…
ABB Brought on Board to Power Total-Led Mozambique LNG Project
CCS JV, comprising Saipem, McDermott and Chiyoda, has signed a deal with ABB to provide the integrated electrical systems for a Mozambique LNG field.
Gas power plant
Siemens, BP and Prumo Transfer Brazil LNG Projects Stake to SPIC
SPIC Brasil has acquired a 33% stake in two LNG-to-power projects from Siemens, BP and Brazilian company Prumo.
Shell Divests LNG Stake For $2.5 Billion
Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non…
GE Makes Deal for Vietnam LNG Project
General Electric Co. and a Vietnamese company signed a memorandum of understanding to develop an LNG power plant near Ho Chi Minh City.
Mexico's Costa Azul Takes First LNG Project FID of 2020
US firm Sempra Energy has taken a final investment decision (FID) on its Energia Costa Azul LNG export terminal in Mexico, making it the first liquefaction proj…
Siemens Energy Scores a Deal in the Mozambique LNG Project
A joint venture between Saipem and McDermott has selected Siemens Energy to supply emissions-reducing power generation equipment and boil-off gas compressors fo…
Pakistan LNG Signs Initial Deal to Sell LNG to Karachi Electric
PLL will supply up to 150 million cubic feet per day of gas to Karachi Electric's 900-megawatt project which will have two units.
Oil & Gas Trade
Russia's Novatek Says on Track for up to 70 mln T/yr of LNG By 2030
Novatek is on track to produce 57-70 million tonnes of liquefied natural gas per year by 2030 despite the pandemic, the Russian company said on Tuesday, around …
Chevron Sells More Domestic Gas to Alcoa in Australia
Chevron has signed an agreement to supply a further 37PJ of gas sourced from the three LNG projects located offshore Western Australia to US aluminium group Alc…
Russia's Arctic LNG Project Receives US$9.5 Billion in Financing
International lending institutions have arranged approximately US$9.5 billion in financial support for Russia’s Arctic Liquefied Gas project.
Low Gas Prices Could Derail Papua New Guinea’s LNG Ambitions
Papua New Guinea first started producing liquefied natural gas in April 2014 when the flagship $19bn PNG LNG project came on-line months ahead of schedule.