liquefied natural gas (LNG)
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Venture Global and Tokyo Gas Announce 20-Year LNG Sales and Purchase Agreement
Businesswire· 2025-11-26 00:00
ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global and Tokyo Gas announced the execution of a new, long-term liquefied natural gas (LNG) Sales and Purchase Agreement (SPA). ...
France: TotalEnergies Demobilizes Its Floating LNG Terminal in Le Havre
Businesswire· 2025-11-25 14:31
PARIS--(BUSINESS WIRE)--In 2022, when Europe faced a major energy crisis due to a sharp decline in gas imports from Russia, France had to increase its imports of liquefied natural gas (LNG) to ensure its own energy security and contribute to that of Europe. To this end, and at the request of the authorities, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) provided France, at its own expense and without any public subsidies, with a LNG floating storage and regasification unit (FSRU) in the port o. ...
Venture Global and Mitsui Announce 20-Year LNG Sales and Purchase Agreement
Businesswire· 2025-11-11 23:00
Venture Global and Mitsui Announce 20-Year LNG Sales and Purchase Agreement Share ARLINGTON, Va.--(BUSINESS WIRE)--Today, Venture Global, Inc. (NYSE: VG) and Mitsui & Co., Ltd. of Japan announced the execution of a new, long-term liquefied natural gas (LNG) Sales and Purchase Agreement (SPA). Under the SPA, Mitsui will purchase 1.0 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years, starting in 2029. Venture Global and Mitsui announce 20-year, 1.0 MTPA LNG Sales and Purchase Agreement. ...
Venture Global Reports Third Quarter 2025 Results
Businesswire· 2025-11-10 11:30
Three months endedSeptember 30, Nine months endedSeptember 30, | (in billions) | 2025 | 2025 | | --- | --- | --- | | Revenue | $3.3 | $9.3 | | Income from operations | $1.3 | $3.4 | | Net income | $0.4 | $1.2 | | Consolidated Adjusted EBITDA | $1.5 | $4.3 | Expand Generated revenue of approximately $3.3 billion (an increase of 260% from Q3 2024), income from operations of approximately $1.3 billion (an increase of 598% from Q3 2024), net incomeof approximately $0.4 billion (an increase from a net loss in Q3 ...
India's Petronet LNG to get 500,000 T LNG from Exxon in 2026 under new deal
Reuters· 2025-11-07 12:47
Core Viewpoint - India's top gas importer, Petronet LNG, has secured a supply deal with ExxonMobil for 500,000 tons of liquefied natural gas (LNG) in 2026 from the Gorgon project in Australia, as part of a larger agreement for 1.2 million tons per year [1] Group 1 - Petronet LNG is set to receive 500,000 tons of LNG in 2026 [1] - The supply deal with ExxonMobil is part of a 1.2 million ton per year agreement [1] - The LNG will be sourced from Australia's Gorgon project [1]
Energy Transfer Seeks LNG Project Partners Before FID
Yahoo Finance· 2025-11-06 06:51
Energy Transfer will only make the final investment decision on the Lake Charles LNG project after it finds buyers for 80% of its equity, the company said in its third-quarter earnings call. The Lake Charles LNG facility is a conversion of an import and regasification terminal into an export terminal. Earlier in the year, Energy Transfer said it aimed to make the final investment decision for the project by the end of 2025. Now, things look different. “We are in advanced discussions with MidOcean Energy ...
ADNOC, Shell sign 15-year LNG supply deal for Ruwais project
Yahoo Finance· 2025-11-05 09:50
Core Insights - ADNOC has signed a 15-year sales and purchase agreement with Shell for the supply of liquefied natural gas from the Ruwais LNG project, marking ADNOC's first long-term LNG supply contract with Shell [1][2] - The agreement formalizes a previous heads of agreement and is the eighth long-term offtake agreement for the Ruwais project, securing over 8 million tonnes per annum of the project's planned 9.6 million tonnes per annum total capacity [2][3] - The Ruwais LNG project is advancing rapidly, with commercial operations expected to begin by the fourth quarter of 2028, and it will be the first LNG export facility in the Middle East and Africa to operate using clean power [5][4] Company and Industry Developments - The contracts were finalized within 16 months of the project's final investment decision in July last year, showcasing ADNOC's efficiency in securing long-term contracts [3] - The Ruwais LNG project is designed with two liquefaction trains, each with a capacity of 4.8 million tonnes per annum, which will increase ADNOC Gas' total LNG production capacity to around 15 million tonnes per annum once operational [4][5] - Shell has a 10% interest in the Ruwais project and views this agreement as a significant milestone in its long-standing partnership with ADNOC, aimed at strengthening global energy security [4][6]
ADNOC Secures 15-Year LNG Supply Deal with Shell for Ruwais Project
Yahoo Finance· 2025-11-05 06:00
Abu Dhabi National Oil Company (ADNOC) has signed a 15-year sales and purchase agreement with Shell International Trading Middle East Limited for up to 1 million tons per annum (mtpa) of liquefied natural gas (LNG) from the Ruwais LNG project, marking ADNOC’s first long-term LNG deal with Shell and the eighth such offtake agreement for the facility. The agreement, signed during ADIPEC 2025, converts a prior Heads of Agreement into a definitive deal and brings ADNOC’s total contracted LNG volumes from Ruwa ...
Mozambique says it may dispute TotalEnergies proposals on LNG project
Reuters· 2025-10-31 05:26
Core Viewpoint - The government of Mozambique may have counter-arguments regarding the updated budget and schedule proposed by TotalEnergies for the liquefied natural gas (LNG) project in the country [1] Group 1 - Mozambique's President Daniel Chapo indicated potential disagreements with TotalEnergies' updated budget and schedule for the LNG project [1]
Venture Global (VG) Receives Final Approval to Export LNG from CP2 Plant
Yahoo Finance· 2025-10-31 01:38
Venture Global, Inc. (NYSE:VG) is one of the 10 Stocks Under $20 to Buy According to Analysts. On October 22, Venture Global, Inc. (NYSE:VG) announced that the US Department of Energy gave the final non-Free Trade Agreement (FTA) export authorization for its CP2 facility in Cameron Parish, Louisiana. This approval from the Trump administration will allow the company to supply liquified natural gas from its CP2 plant to countries that do not have a free trade agreement with the US. Venture Global, Inc.’s ( ...