USA exported 30% of the energy it produced in 2024
The US Energy Information Administration has reported that in 2024, the US exported about 30% of its domestic primary energy production.
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EIA expects the price of crude to fall by the end of 2025
The US Energy Information Administration (EIA) expects a significant decline in the price of oil as growth in the global supply of oil vastly surpasses growth in demand for petroleum products.
Cheniere and JERA sign long-term LNG SPA
Cheniere Marketing, LLC and JERA have entered into a long-term LNG sale and purchase agreement.
Baker Hughes acquires Continental Disc
Baker Hughes has announced that it has completed its all-cash, US$540 million acquisition of Continental Disc Corp. (CDC) from investment partnerships managed by Tinicum Inc.
Axpo completes bio-LNG bunkering operation
Axpo has completed Spain's first ship-to-ship bio-LNG bunkering operation at the Port of Algeciras in the large container shipping industry.
SAMSUNG E&A secures FEED contract for Abadi LNG project
SAMSUNG E&A has received a letter of award for the FEED contract for the Indonesia INPEX Abadi Onshore LNG project from INPEX Masela Ltd.
KBC launches Petro-SIM 7.6 simulation software
KBC (A Yokogawa Company) has announced the launch of Petro-SIM® v7.6, the latest release of its digital twin process simulation platform for the upstream and downstream oil and gas sectors.
More Gas processing news
KMG PetroChem and TECNIMONT sign for Tengiz GSC project
The official signing ceremony for the previously announced Tengiz Gas Separation Complex (GSC) project was held today at KMG PetroChem’s headquarters in Astana, Kazakhstan.
ADNOC Gas signs 10 year LNG supply agreement with Hindustan Petroleum
ADNOC Gas plc has announced the signing of a heads of agreement with Hindustan Petroleum Corp. Ltd to supply 0.5 million tpy of LNG for a 10-year term.
Uniper and Tourmaline sign long-term natural gas supply agreement
German energy company Uniper and Tourmaline Oil Corp. have finalised an eight-year physical gas agreement.
Fluor’s joint venture awarded FEED for LNG Canada Phase 2
Fluor’s joint venture with JGC Corp. has been awarded the Front End Engineering and Design for a proposed Phase 2 expansion of the LNG Canada Facility in British Columbia.
US-Canada energy trade valued at US$151 billion in 2024
The value of energy trade between the US and Canada remained steady in 2024 at an estimated US$151 billion compared with US$154 billion in 2023.
Eastern US natural gas increasingly meets LNG-fuelled demand growth in AEO2025
In the AEO2025, the US EIA has projected regional differences in natural gas markets that will encourage increased natural gas flows from the mid-Atlantic to the southern Gulf Coast in the coming decades.
Chart Industries terminates agreement with Flowserve Corp.
Chart Industries has terminated a merger agreement with Flowserve Corp.
Baker Hughes to acquire Chart Industries
Baker Hughes is set to acquire Chart Industries, accelerating its energy and industrial technology strategy.