A Barrel Full

Exxon has two seperate news items today, both about is Qatari Gas Business.
They have a new LNG train up and running.
Ras Laffan Liquefied Natural Gas Company Limited (3) (Ras Laffan 3) today announced the completion and start-up of Train 7 at Ras Laffan Industrial City, Qatar.
They also have news of new production.
Qatar Petroleum and Exxon […]

Woodside, the Australian company, is now on the look out for a new partner for an LNG project.
A deal worth up to $45 billion between Woodside Petroleum and a Chinese company is in doubt after terms were not be settled by a deadline.
Perth-based Woodside says the agreement penned in 2007 with China’s largest oil and […]

Exxon have announced another major LNG Deal.  
Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation (NYSE:XOM) and operator of the PNG LNG Project, today announced that the Project participants have finalized a Sale and Purchase Agreement with Osaka Gas Co., Ltd. for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 1.5 million […]

Lots more gas in the news. First we have news of a new LNG plant coming on stream.
Total announces that the Yemen LNG liquefaction plant started producing Liquefied Natural Gas (LNG) on October 15, 2009.  
This adds to the global glut of gas that is keeping prices down. It is a massive investment for the […]

Its been a while since I have been able to post, and in the meantime, one of the most significant developments has been the continuation of the Gorgon story.
Exxon Mobil Corporation announced today that the Gorgon liquefied natural gas (LNG) project has been approved for development by the project participants.  
It was hardly a surprise, […]

Australia is fast become as much a world power in LNG as it is in swimming. It has big reserves and is located far from major consumers, so LNG is the only option. Now a joint Chevron, Shell, Exxon project has been given the green light, despite being in an environmentally sensitive area.
Chevron Australia Pty […]

Exxon has announced the opening of another LNG export terminal.
Ras Laffan Liquefied Natural Gas Company Limited (3) (Ras Laffan 3) today announced the completion and start-up of Train 6 at Ras Laffan Industrial City, Qatar. The project is a joint venture of Qatar Petroleum (70 percent interest) and ExxonMobil Ras Laffan (III) Limited (30 percent […]

 
Exxon Mobil, together with its partners, have announced another first.
Exxon Mobil Corporation today announced that the first liquefied natural gas (LNG) cargo arrived at the Adriatic LNG3 regasification Terminal located offshore of Porto Levante, Italy aboard the LNG carrier, Dukhan.  
The terminal is an interesting one.
The Adriatic LNG Terminal is the first offshore Gravity Based […]

Chevron announced that it has awarded the contracts for its Australian LNG plant.

Chevron Corporation (NYSE:CVX) today announced the award of a major front-end engineering and design (FEED) contract for the first phase of the Wheatstone natural gas development in northwest Australia. Chevron awarded the contract for the first phase of the project – which consists […]

We have touched on FLNG before. LNG terminals that are floating rather than on land, get past the problems of political risk, as well as enabling smaller resources to be accessed. At least that is the theory. Up until now, it has all been on paper. Now Shell has made an important announcement.
Shell Gas & […]