Tuesday, July 1, 2025

Gas Project News

Shell approves Aphrodite offshore gas project

Shell Energy said that it has taken a final investment decision in its Aphrodite Gas Project offshore Trinidad and Tobago. In a press release, the company said that…

Polish utility Tauron’s net profit for the first quarter of 2014 increased by 40% year-on-year

The Polish utility Tauron posted on Wednesday a 40% increase in its net profit for the first quarter, largely due to strong performance in its distribution and supplies segments.

WGC-TotalEnergies CEO wants to lift the force majeure on Mozambique Liquefied Natural Gas project

TotalEnergies, said Chief Executive Patrick Pouyanne on Tuesday, will ask Mozambique for its approval to lift the force majeure on their $20 billion liquefied gas (LNG)…

Santos Australia gets the green light on $2.3 billion Narrabri Gas Project

Santos’ A$3.6 billion (2.32 billion) Narrabri Gas Project in Australia, can proceed. A tribunal has ruled that the project is allowed to go ahead, as the increase in…

TotalEnergies signs Canada LNG deal with Ksi Lisims LNG

TotalEnergies, a French energy company, said in a Monday statement that it had signed a contract with Ksi Lisims LNG to purchase 2 million tons of LNG per year for 20…

Woodside Australia and Saudi Aramco Sign Deal for Potential Louisiana LNG Share Buy

Woodside Energy, a company based in Australia, announced on Wednesday that it had signed a non-binding deal with Aramco for the exploration of opportunities. This included…

Woodside, Australia's largest coal company, faces protests and investor anger at its annual meeting

On Thursday, climate change activists shouted and blew whistles as they disrupted the annual general meeting of Australian gas producer Woodside Energy. They also heckled Chief Executive Meg O'Neill.

European Commission proposes 17th Russia sanctions package

EU diplomats confirmed on Tuesday that the European Commission has proposed to add more individuals and over one hundred vessels connected to Russia's Shadow Fleet to its 17th package against Moscow.

Woodside Energy, Australia signs LNG deal with BP to supply Louisiana project

Woodside Energy, a major Australian oil and natural gas company, announced on Wednesday that it had signed a deal with BP under which the British energy company would…

Woodside greenlights $17.5 billion US LNG project, targets 2029 start

Woodside Energy, a company based in Australia, has made the final investment decision for a Liquefied Natural Gas project (LNG) in Louisiana. The total capital expenditures (capex)…

Sinopec's quarterly net income falls 28% on slower fuel sales

Sinopec Corp. reported on Monday that its first-quarter profits fell 27.6% from a year ago, due to lower oil prices, and to the fact that its refinery operations were…

Shell completes survey of Venezuelan gas field as winding down of license approaches

Shell, the oil and gas company, plans to finish a marine survey of the offshore Dragon gas field in Venezuela before the May deadline set by the United States to close all energy licenses in the country.

Asian countries are looking to purchase more US energy in order to balance trade imbalance

As they try to reduce their trade surpluses with Washington, Asian governments are buying more U.S. gas and oil in order to ease their tariff burdens due to President Donald Trump’s new import duties.

Indian gas firm GAIL seeks 26% stake in US LNG

GAIL India Ltd. issued a tender Friday for a maximum 26% stake in an American liquefied gas project, along with a 15 year gas import agreement. This will help New Delhi to reduce its trade surplus.

Inpex, a Japanese company, has begun engineering design work for Indonesia's Abadi Liquefied Natural Gas project

Inpex Corp., a Japanese oil and natural gas exploration company, started Wednesday the front-end design process of its Abadi project for liquefied gas in Indonesia as…

Trinidad: Key gas project in Venezuela is not slowing down, despite US pressure

Trinidad Prime Minister Stuart Young stated on Thursday that companies planning an offshore gas project between Venezuela and Trinidad and Tobago have "not slowed down"…

BP approves Ginger Gas Project in Trinidad and Tobago

BP said that it has approved the Ginger gas project in Trinidad and Tobago. This is one of ten projects named by Murray Auchincloss, CEO, in a recent strategy overhaul…

Energy assets affected due to sanctions and standoff between Russia and the West

On Tuesday, the United States and Russia reached separate agreements to stop attacks on energy and maritime targets. Washington also agreed to press for the lifting of some sanctions against Moscow.

The drilling of the offshore gas project in Romanian Black Sea has begun.

On Tuesday, the owners of Romania's Neptun Deep offshore project announced that drilling had begun in the Black Sea. This could lead to the production of one the EU's biggest gas deposits in 2027…

South Korea hosts Alaska Governor, energy team amid talks of gas pipeline

Alaskan state officials, including the governor, and energy officials will visit South Korea Tuesday amid expectations that talks with U.S. ally countries in Asia can…

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