NextDecade has entered into framework agreements with Global Infrastructure Partners (GIP) and TotalEnergies to enable the final investment decision for the Rio Grande LNG project Trains 1, 2 and 3 (Phase 1) in Brownsville, Texas and to provide momentum for the further development of RGLNG Train 4 and Train 5.
In terms of the agreement, GIP would become a majority investor in Phase 1, and TotalEnergies would become a 16.67% investor, both subject to execution of definitive documentation...
A Federal Parliamentary Committee has recognised the importance of carbon capture technology to Australia and regional climate mitigation efforts.
Pipeline gas to Europe declined 10% in May but robust Europe and Latin America demand saw LNG exports rise 3.5% year-on-year as gas storage sites continued refilling in the USA and Europe, the latest report from the Gas Exporting Countries Forum has revealed.
Concerned mining and energy employers are calling for a multi-factor test to ensure specialist contractors are not caught up in the government’s proposed “Same Job, Same Pay” laws.
Gas Exporting Countries Forum (GECF) Energy Economics Analyst Galia Fazeliyanova says demand projections for LNG are forecasting 36% growth, reaching 5,460bcm by 2050.
Australia’s oil and gas industry looks forward to working with Western Australia’s new Cook Government to strengthen the state’s economy and accelerate the energy system transformation to net zero.
Chevron New Energies, a division of Chevron U.S.A. Inc., and JERA have signed a Memorandum of Understanding (MOU) that provides a framework for their collaboration on carbon capture and storage (CCS) projects in the United States and Australia.
CGG has announced that Sercel has made a major sale of its GPR300 seabed nodal solution to Chinese O&G company, Sinopec.
Rystad senior analyst Lu Ming Pang says gas and LNG prices have picked up slightly, but continue to remain deflated worldwide.
