Industry News

Freeport LNG ships first commissioning cargo from Texas plant

The Freeport liquefied natural gas (LNG) project in the United States has shipped its first commissioning cargo, adding to the glut of supply of the super-chilled fuel globally.

Shell delays LNG export project to 2025

Royal Dutch Shell, one of the world's largest liquefied natural gas (LNG) suppliers, has asked U.S. regulators to extend the time by which it should complete an LNG export project in Louisiana by five years to 2025, regulatory filings showed.

Russia, OPEC sources say Saudi shake-up won't affect oil pact

Leadership changes in Saudi Arabia's oil industry will have no effect on cooperation between Moscow and Riyadh, two top Russian officials said, indicating the shake-up won't derail a global pact to support oil prices by curbing output.

Lender says it will not be future owner of Antipinsky refinery

Russia's largest lender Sberbank does not see itself as the future owner of the Antipinsky oil refinery, which filed for bankruptcy earlier this year, Sberbank deputy board chairman Anatoly Popov said.

Refinery increases environmental friendliness in coke production

Gazprom Neft’s Omsk Oil Refinery has completed the installation of the main section of its new delayed coking unit.

U.S. Construction Spending Rose a Slight 0.1% in July

U.S. construction spending ticked up just 0.1% in July, aided by government spending on schools, sewers and the water supply.

Petrobras extends period for companies to flag interest in buying its refineries

Brazil’s state-owned oil company Petroleo Brasileiro SA said that it would extend the deadline for parties to state their interest in buying four refineries it has put up for sale, based on high investor interest.

Europe set to buy more Asian gasoil as shippers switch to cleaner fuels

More Asian gasoil is expected to head to Europe as buyers take advantage of the biggest seasonal price gap between the two regions in at least seven years to build up stocks ahead of a switch to cleaner marine fuels, traders and ship brokers said.

Refiner hints it could offer asset swap with competitors to ease merger

Poland's biggest oil refiner PKN Orlen signaled that it could offer to swap assets with competitors in order to ease EU regulators' concerns about its planned merger with rival Lotos .

Ukraine looks at U.S. LNG as part of diversification plan

Ukraine is interested in buying U.S. liquefied natural gas (LNG) via infrastructure in Poland as it seeks to reduce reliance on Russian gas, a top Ukrainian security official said.

U.S. LNG grabs 10% market share as Jan-Aug exports equal 2018 volumes

U.S. exports of liquefied natural gas (LNG), negligible just three years ago, now amount to 10% of the global market and at 22 million tonnes so far this year are equal to the total volumes pumped out in 2018

Orbital secures orders from leading US energy producer and transporter

Orbital Gas Systems announced that it has received orders to supply GasPTi systems for deployment across multiple natural gas plants by one of the largest U.S.-based producers and transporters of energy.

U.S. Water, Wastewater Costs on Rise

U.S. municipal water and wastewater utility bills grew at an inflation-adjusted 3.6% during the past year to an household average $104 per month, according to a new index that has raised concerns about both affordability and regional volatility.

Cheniere Completes Second Train at Corpus Christi LNG Project

Cheniere Energy, the largest U.S. exporter of LNG, on Tuesday announced that Train 2 of its Corpus Christi, Texas, liquefaction project has been declared substantially complete.

Sabine Pass LNG berth expansion receives positive environmental review

Cheniere Energy received a positive environmental assessment from the Federal Regulatory Commission (FERC) for a marine berth expansion project.

Höegh LNG: Delivery of FSRU number ten

Hamilton, Bermuda,- Höegh LNG Holdings Ltd. took delivery of Höegh Galleon, its tenth floating storage and regasification unit (FSRU).