Top 5 news of the week March 11-17

LNG Prime brings you the five most popular news on our platform during the week of March 11-17, 2024.

1) UK-based LNG giant Shell said on Monday that Steve Hill, executive vice president of Shell Energy, has decided to leave the company.

2) Argentina’s state-owned oil and gas company YPF expects to take a final investment decision on the first phase of the planned Argentina LNG export project it is developing with Malaysia’s Petronas in 2025, according to YPF’s CEO, Horacio Marin.

3) UAE’s Adnoc has issued a limited notice to proceed for early engineering, procurement, and construction activities to a joint venture led by France’s Technip Energies for its planned LNG terminal in Al Ruwais.

4) Energy behemoth Aramco is in talks to further invest in liquefied natural gas, including in US LNG projects, according to Aramco’s CEO, Amin Nasser.

5) China’s Wison New Energies has installed the first SPB liquefied natural gas (LNG) tank on Eni’s Congo FLNG.

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

Singapore LNG bunkering volumes rise in September

Singapore’s monthly LNG bunkering sales rose in September compared with the same month last year, according to the Maritime and Port Authority of Singapore.

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