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Natural gas back in focus as New Zealand faces energy crisis …
Aug 29, 2024 · Natural gas back in focus as New Zealand faces energy crisis [Global Gas Perspectives] New Zealand's government has vowed to lift a six-year-old ban on the issue of oil and gas exploration permits, and wants to fast-track an LNG import project. New Zealand is preparing to pass laws to reverse a ban on offshore oil and gas exploration by the end ...
Technip Energies, JGC secure FEED contract for Mozambique's …
Sep 26, 2024 · Technip Energies and JGC Corporation have been awarded the front-end engineering design (FEED) contract by ExxonMobil, on behalf of Mozambique Rovuma Venture (MRV), for the Rovuma LNG project in Palma, located on the Afungi peninsula, Mozambique, the companies announced on September 25. The Rovuma LNG project will …
South African LNG plans still uncertain [Global Gas Perspectives]
Sep 25, 2024 · South African LNG plans still uncertain [Global Gas Perspectives] Sep 25, 2024 8:00:am. Summary. South Africa could use more gas, that much is clear, and LNG imports appear the most certain path forward. But slow project development – across the energy sector – suggests the country will struggle on with its ageing coal-fired coal plants and ...
Chesapeake, Southwestern close $7.4bn merger as Expand Energy
Oct 1, 2024 · Chesapeake Energy and Southwestern Energy said October 1 they had closed on their previously announced $7.4bn business combination and rebranded the combined company as Expand Energy. With the close, Expand Energy supplants EQT as the largest independent US natural gas producer, with pro forma Q2 2024 gas production of some 6.3bn ft 3 /day ...
Norway's Equinor remains committed to Tanzania LNG project
CAPE TOWN, Oct 8 (Reuters) - Norway's Equinor remains committed to a $42 billion liquefied natural gas (LNG) project in Tanzania that has stalled after proposed government changes to a financial agreement reached last year, a senior company executive said on Tuesday. Negotiations have been delayed for the East African country's mega gas project ...
Kyiv will not extend gas transit deal, Ukraine tells Slovakia
KYIV, Oct 7 (Reuters) - Ukraine will not extend its gas transit agreement with Russia after it expires at the end of 2024, Ukrainian Prime Minister Denys Shmyhal told Slovak Prime Minister Robert Fico on Monday. The two held talks in Uzhhorod in western Ukraine and, according to a Ukrainian official, were focuse d on infrastructure cooperation ...
Global LNG markets seen 'finely balanced' in 2024 as demand …
SINGAPORE/LONDON, Dec 19 (Reuters) - New liquefied natural gas (LNG) projects coming online this year and high stocks in Europe and North Asia in early 2024 capping demand are seen curbing spot price growth for the next six months as analysts forecast a "finely balanced" market. Asian spot prices <LNG-AS> averaged around $18 per million British ...