Natural gas news

XRG has reached deal completion on its acquisition of Galp’s 10% interest in the Area 4 concession in Mozambique’s Rovuma Basin.

Excelerate Energy, Inc. has entered into a definitive agreement with New Fortress Energy Inc. under which Excelerate will acquire NFE’s business in Jamaica for US$1.055 billion in cash.

Federico Ricco, Development Director at Congo LNG, has announced that the Nguya floating LNG is set to sail from China in September 2025.

Wärtsilä will supply three Wärtsilä 25DF dual-fuel engines for a new LNG bunkering vessel being built for Ibaizabal.

Noatum Maritime has taken delivery of its first LNG-powered pure car and truck carrier Ro-Ro vessel which will be utilised by the recently formed JV with Erkport, United Global Ro-Ro.

SEFE Securing Energy for Europe and Delfin Midstream Inc. have signed a heads of agreement for the long-term supply of 1.5 million tpy of LNG for at least 15 years.

The Minister of Energy and Natural Resources has announced a contribution agreement under the Strategic Innovation Fund of up to US$200 million for the Cedar LNG project.

Wood Mackenzie has used its proprietary data as well as credible third-party sources to prepare a rigorous comparison of lifecycle emissions of US LNG and coal in power generation.

The EU must strengthen its approach to methane reduction in shipping by adopting policies that support innovation and align with new International Maritime Organization guidelines, says the Methane Abatement in Maritime Innovation Initiative.

Axpo has concluded its first delivery of LNG to MSC in the port of Málaga.