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Gas Processing/LNG

bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth

bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.

New DNV survey highlights oil and gas sector paradox

The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.

China's LNG imports set to slow

China appears to have taken advantage of low prices in the spot market so far in 2024 to boost the amount of gas in storage, absorbing some of the extra fuel that would otherwise have been sent to Europe.

Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries

The national oil refining company of Kuwait has two state-of-the-art refineries: Mina Abdullah (MAB) and Mina Al-Ahmadi (MAA).

Crude oil tanker market grapples with aging fleet, shipyards focus on large container and LNG ships

The crude oil tanker market is grappling with an aging fleet of vessels which need to be replaced, posing a challenge as shipyards are focused on building other types of ships.

SUBLIME Energies introduces novel biogas liquefaction technology

SUBLIME Energies' new biogas liquefaction process efficiently transports and pools biogas produced by multiple farms, reducing initial investments and operating costs. 

Gulfstream LNG export terminal (U.S.) receives U.S. FERC approval

Gulfstream LNG, under development in Plaquemines Parish, Louisiana, announced that it has received the U.S. Federal Energy Regulatory Commission approval to commence the pre-filing permitting process, kicking off the regulatory review for its proposed 4-MMtpy modular export facility.

China's refinery output falls for first time in 20 mos due to maintenance

China's refinery output fell 3.3% in April from a year earlier, the first annual decline in 20 mos, as large refiners carried out regular maintenance and small independent plants curbed production due to thin profit margins.

NextDecade plans to take FID on LNG train 4 in 2H of this year

In the company's Q1 business update, NextDecade's Chairman and Chief Executive Officer, Matt Schatzman, provided an update on the company's LNG terminal project in south Texas (U.S.). 

ADNOC signs third long-term Heads of Agreement for Ruwais LNG project

ADNOC has signed a 15-yr Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 600,000 metric tpy of liquefied natural gas (LNG).