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Shell Bets $16.4 Billion On Canadian Gas In Major LNG Growth Push

Shell is doubling down on North American gas in a major bet on long-term LNG demand, agreeing to buy Canada’s ARC Resources in a $16.4-billion deal that will add roughly 370,000 barrels of oil equivalent per day to production and strengthen the supermajor’s position in one of the continent’s most strategic gas corridors. The acquisition gives Shell […]

QatarEnergy, ExxonMobil Ship 1st Cargo from Texas LNG Project

Golden Pass LNG, designed to export about 18 million metric tons per annum (MMtpa), has dispatched its inaugural cargo. “Marking an important step towards the project’s commencement of full commercial and export operations, the project’s historic LNG cargo was safely and successfully loaded onboard QatarEnergy’s Al-Qaiyyah LNG carrier, recently built in the Republic of Korea […]

New Fortress secures long-term lease for Brazil FSRU LNG terminal

 New Fortress Energy’s Brazil platform has signed a long-term lease and capacity agreement for its Terminal de Gás Sul (TGS) LNG import facility in Santa Catarina, marking a key step in bringing the asset into commercial operation. The agreement, which is expected to begin in August 2026, is projected to generate approximately $50 million in […]

McDermott, Chiyoda deliver first LNG from Golden Pass Train 1

cDermott Golden Pass LNG has achieved first LNG from Train 1 at its Sabine Pass, Texas facility, marking a major milestone in expanding U.S. liquefied natural gas export capacity. The project, delivered by a joint venture between McDermott and Chiyoda, has completed construction and commissioning of the first of three planned liquefaction trains. Startup operations are now underway, with […]

Técnicas Reunidas wins Canada LNG FEED contract

 LNG Canada has selected Técnicas Reunidas subsidiary TC Canada E&C to deliver FEED services for Phase 2 of the Coastal Gas Link Pipeline, under consideration in British Columbia, Técnicas Reunidas announced on Thursday. TR Canada E&C’s scope of work covers initial engineering and project design, as well as an assessment of project costs. It will […]