Saudi Finance Ministry says Aramco Jafurah Gas Plant has begun production
Saudi Finance Ministry announced on Tuesday that the first phase of Aramco’s Jafurah Gas Plant is completed and production with a capacity 450 million cubic foot per day has started. The ministry included the achievement in its budget statement for 2026. Jafurah could be the largest shale-gas project outside of the U.S. It is expected to achieve sustainable production levels of 2 billion cubic foot per day by 2030. Aramco's CEO Amin Nasser said that the first phase of the project was expected to be completed by the end this year during a quarterly earnings call held last month.
Equinor Explores Role in Germany Gas Plant Capacity Expansion
Norwegian energy producer Equinor is looking at options for participating in a planned German gas-fired power plant tender but requires more detail before making any decision, a senior executive said on Tuesday.Germany plans to tender eight gigawatts (GW) of new gas-fired power plant capacity next year, with a further 2 GW to be offered in 2026 and 2027 to strike a balance between decarbonisation and backing up intermittent renewables."We have had, and are having, conversations with actors who will most certainly be in the picture and then we need to see whether we can play a role in this," Helge Haugane, head of Equinor's powe
Woodside and East Timor target first LNG from Greater Sunrise by 2032
East Timor and Australia's Woodside Energy have agreed to investigate sending gas from large, undeveloped Greater Sunrise field to a new plant that will produce liquefied gas in Southeast Asia. The plant could begin exporting gas in seven years. In a Tuesday joint statement, Woodside and East Timor’s Petroleum and Mineral Resources Ministry said that the agreement requires the two parties to examine the commercial and technological viability of a 5 million-metric-ton LNG project. The plan is to begin production as soon as 2032-2035.
Woodside and East Timor target first LNG from Greater Sunrise by 2032
East Timor and Australia's Woodside Energy have agreed to investigate sending gas from large, undeveloped Greater Sunrise field to a new plant that will produce liquefied gas in Southeast Asia. The plant could begin exporting gas in seven years. In a Tuesday joint statement, Woodside and East Timor’s Petroleum and Mineral Resources Ministry said that the agreement requires the two parties to examine the commercial and technological viability of a 5 million-metric-ton LNG project. The plan is to begin production as soon as 2032-2035. This is the first time that the two sides have given a possible start date.
Sources say that Russia's Orenburg plant has increased its gas imports from Kazakhstan
Two industry sources reported on Thursday that the Russian Orenburg gas plant had increased its gas intake from the Karachaganak gas field in Kazakhstan at the beginning of November, in an effort to recover gradually after it was attacked by drones last month. The first disruption of Western oil majors in Russia was caused by the strike at the Orenburg plant, located 1,056 miles (1 700 km) east of Ukraine. This was part of Kyiv’s campaign against Russian infrastructure. The incident resulted in a reduction of oil and gas condensate production at Karachaganak.
How BP won a $1 billion plus case against Venture Global
Five sources familiar with the case said that BP's $1 billion arbitration win against liquefied gas producer Venture Global was won by arguing unfair behavior by the U.S. firm. This strategy could be used in similar cases by other claimants. BP won in October. Two months earlier, Shell had lost a similar lawsuit when it was unable to prove Venture Global's breach of long-term LNG agreements. Shell didn't push the argument that Venture Global acted unfairly in its arbitration. Legal and industry experts say that lawyers across the industry are chasing the details of BP’s winning strategy…
Woodside signs Williams as an investor for Louisiana LNG construction to accelerate
Woodside Energy, a company based in Australia, has hired U.S.-based Williams to be an investor and operator of the Louisiana Liquefied Natural Gas Plant. This is to benefit from its infrastructure expertise and reduce costs as construction increases. Williams will receive a 10% stake of Louisiana LNG Holding Company and 80% ownership in the Driftwood Pipeline, which will provide feed gas for the $17.5 billion project. Williams, which operates over 33,000 miles (53.108 km) of pipe across 24 U.S. States, will pay Woodside $1.9 billion and contribute $378 million towards the project's costs.
Energy Minister: Orenburg plant in Russia restarts gas imports from Kazakhstan field
Kazakhstan's Energy Minister said that the Russian Orenburg gas plant was damaged by a drone strike on Sunday. It has since resumed receiving natural gases from Kazakhstan's Karachaganak gas field. As part of Kyiv’s campaign to destroy Russian energy infrastructure, the strike on Orenburg, located approximately 1,700 km (1.056 miles east of Ukraine), marked the first disruption known for Western oil majors that operate in Russia. The Orenburg incident highlighted the vulnerability of energy assets across the border to the growing conflict.
Woodside Energy reaches two-week peak after increasing 2025 production forecast
Woodside Energy shares rose to their highest level in two weeks on Wednesday, despite a 9.4% drop in revenue for the third quarter due to lower average realized prices. The largest independent energy company in the country expects its fiscal 2025 production will be between 192 and 197 millions barrels of oil-equivalent, higher than their previous forecast of 188 to195 mmboe. The company's shares rose up to 4.1%, reaching A$23.31 at 2316 GMT. If current trends continue, this will be the best day for the stock since late July, while the overall market fell 0.7%.
Karachaganak, a Kazakh gas producer, reduces output after a drone strikes a Russian gas plant
The operator of Kazakhstan's Karachaganak Oil and Gas Condensate Field said in an email on Tuesday that production levels have been reduced following "an accident" at Russia's Orenburg Plant. Two industry sources said that on Monday, a Ukrainian drone strike against the Orenburg Gas Processing Plant, one of the largest in the world, forced Kazakhstan to reduce its production at the Karachaganak Field by 25 to 30 percent. Ukraine has intensified its strikes against Russia's energy infrastructure in recent months.
Santos' GLNG facility will stop purchasing Australian domestic gas by 2027
Santos' Gladstone Liquefied Natural Gas plant (GLNG) in Australia will cease buying gas produced domestically to meet export contracts, according to its CEO on Tuesday. This could help ease the supply shortages on Australia's east coast. GLNG's CEO Stephen Harty stated that the company spent about A$1billion ($650m) a year on developing its own tenements, building its own supply and eventually would cease all domestic purchases of gas. "We have been on the path of phasing out purchases for a while, and we've…
Venture Global to add natural gas to final part of Plaquemines LNG Plant, a filing shows
Venture Global asked federal regulators to allow it to inject natural gas into the final section of its Plaquemines Liquefied Natural Gas plant by Thursday, according to an official filing made on Monday. Venture Global, if the Federal Energy Regulatory Commission gives the permission, will be producing LNG soon from its entire Plaquemines facility, and more than a full year before it's expected to deliver its first batch of long-term customers their contracted quantities of gas. The Plaquemines Export Facility in Louisiana, once completed, will reach its maximum capacity of 27,2 million metric tonnes per year (mtpa).
After a drone attack in Ukraine, a giant Russian gas plant has suspended its intake of Kazakh gas
Kazakhstan's Energy Ministry said that a drone attack in Ukraine forced the Orenburg gas processing facility, the largest of its kind anywhere, to stop receiving gas from Kazakhstan. Yevgeny Solntsev, the regional governor of Orenburg, had stated earlier in the day that the drone attack had partially damaged the plant and caused a fire at an atelier at the plant. Kommersant, a Russian media outlet, reported that the fire was put out later, citing an operator. Ukraine has intensified its attacks against Russian refineries…
Nigeria's daily crude oil production plunged by 16% after a brief Dangote refinery strikes
According to an impact study, Nigeria's daily production of oil and gas dropped during the short nationwide strike called by the oil workers' union PENGASSAN on Wednesday. The talks between Dangote Refinery and government mediators were called off after. The strike began on 28 September after Dangote, Africa's biggest refinery with a crude-processing capacity of 650,000 barrels a day, fired more than 800 unionised employees. According to a report from the state oil company NNPC Ltd, the walkout resulted in a reduction of 283…
Shell begins production at Victory gas fields in the North Sea
Shell announced on Tuesday that it has begun production at its Victory field in the North Sea. At peak production, this gas can heat nearly 900,000 households per year. The gas field is capable of producing 150 million standard cubic foot of gas per day, which is about 25,000 barrels equivalent to oil per day. The gas field will supply Britain's homes and businesses with gas, as well as power generation. Shell will be able to achieve its goal of delivering gas projects that produce more than one million boed of total production by the end decade.
Sources say that the Astrakhan Gas Plant in Russia has ceased operations following a drone attack.
Three industry sources have confirmed that the Astrakhan Gas Processing Plant, owned by energy giant Gazprom in Russia, stopped producing motor fuel after an attack by drones caused a fire on September 22, according to three sources. The fire was said to have engulfed an entire condensate unit that had a production capacity of three million metric tonnes per year. It produces diesel and gasoline. The plant near the Caspian sea, about 1,675 km from the Ukrainian border could only resume production within a few weeks or months. Gazprom didn't immediately respond to a comment request.
South African court cancels Eskom's permission to build new gas-powered plant
A top court in South Africa on Wednesday revoked a government permit that allowed state utility Eskom build a large natural gas-burning power plant, claiming there was not a proper consultation with the public. The government is planning to build a 3,000-megawatt plant on the east coast in the port city of Richards Bay as part of its plans to boost the country's power generation capacity following years of blackouts, and move away from coal. The Supreme Court of Appeal's judgment stated that "the effect of this order was to nullify the authorisation".
Australia approves the North West Shelf Gas Plant to operate until 2070
Australia approved Woodside's application to operate Australia's second largest and oldest liquefied gas plant, the LibNaGa Plant, until 2070. The new emission rules were imposed to reduce its environmental impact. North West Shelf, a plant in Western Australia, is expected to emit up to 4.3 million metric tons carbon dioxide over its lifetime. Critics say this will endanger nearby ancient rock art as well as set back climate change efforts. Murray Watt, the Environment Minister, told a Friday press conference that Woodside had accepted a number of conditions to protect Indigenous art.
Aramco signs an $11 billion Jafurah agreement with BlackRock-led consortium
Saudi Aramco announced on Thursday that it had signed a $11 billion lease-and-leaseback agreement with Global Infrastructure Partners, a part of BlackRock. The consortium was led by Global Infrastructure Partners. The Saudi company said in a press release that under the agreement, Jafurah Midstream Gas Company, a newly-formed subsidiary, will lease the development and usage rights of the Jafurah Field Gas Plant, and the Riyas NGL Fractionation Facility for 20 years and then lease them back Aramco. This latest financial arrangement…
ExPro analyst says that Ukrainian gas reserves are at their lowest level in 12 years.
ExPro, an analysis firm, said that Ukraine's reserves of gas are the lowest they have been in 12 years. Storage facilities are currently less than one-third full. This estimate comes after Ukrainian president Volodymyr Zelenskiy accused Moscow earlier of deliberately undermining Ukraine's winter preparations following a Russian attack on a gas plant in the southern Odesa Region. ExPro reported on Wednesday that Ukraine had 10 billion cubic meters of gas stored underground as of August 5. One bcm was pumped into storage over the past 19 day. ExPro said that Ukraine needs to store around 13 billion cubic metres of gas for winter.