Gas Processing/LNG
Woodfibre LNG receives project funding
Pacific Oil & Gas Ltd. has authorized the funds necessary for the Woodfibre LNG Project to proceed.
Mozambique expects Eni decision on LNG investment this year
Italy's Eni should make a final investment decision on its first offshore deep-water LNG project in Mozambique by the end of this year.
Industry Metrics
US margins fell due to the slowing of domestic gasoline demand, as the driving season ended amid high inventories.
Chevron Wheatstone LNG cost blowout to $34 B hits Woodside
Woodside Petroleum faces an 8% rise in its expected costs on the Wheatstone LNG project in Australia, after operator Chevron Corp. flagged total costs would jump to $34 B.
Honghua, Argo LNG enter into offshore LNG platform construction HOA
Shanghai Honghua Offshore Oil and Gas Equipment Co. entered into the first offshore LNG platform construction heads of agreement with Argo LNG Partners.
Panama Canal readies for surge in tonnage after upgrade
The Panama Canal is likely to attract up to 15% more tonnage next year after an upgrade which means it can now accommodate gas tankers previously too large to transit.
KBR awarded pre-FEED study for Indonesian LNG regas project
KBR has been awarded a pre-front end engineering and design study for Australasia LNG’s proposed LNG Hub terminal in Probolinggo, East Java, Indonesia.
Pacific Northwest LNG receives regulatory approval from Canada
The Government of Canada approved Pacific Northwest LNG’s Environmental Impact Statement, subject to 190 conditions.
Chevron plans to start Gorgon condensate sales
Chevron Corp. could this month start selling condensate produced at the Australian Gorgon gas field.
Bechtel completes Curtis Island LNG program
Bechtel has completed construction of the Curtis Island LNG program that has concluded with Australia Pacific LNG starting sustained production from Train 2 of its facility
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
