A Barrel Fulll Archive

2 May 2025 Harbour and its partners – Pan American Energy, YPF, Pampa Energia and Golar LNG – have taken Final Investment Decision (FID) for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina.  Harbour has a 15% interest in the project which envisages deploying two of Golar LNG’s FLNG vessels – the Hilli Episeyo and MK II – off the coast of the Rio Negro province. The project is expected to have processing and export capacity of c.6 million tonnes per year of LNG, equivalent to 27 million cubic metres per day (or 1.0 billion cubic feet per day) of natural gas.  The Southern Energy partners are targeting production start-up from the Hili Episeyo around year-end 2027 with the MK II expected to commence operations end 2028. Harbour’s capex requirement to the point of commercial operations is expected to be c.$100 million.  Under the recently enacted legislation, the ‘RIGI’ (Régimen de Incentivo para Grandes Inversiones), Southern Energy ha...

July 8, 2026 Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced that the ECA LNG Phase 1 project in Ensenada, Mexico, has safely and successfully loaded and shipped its first cargo of liquefied natural gas (LNG), an important milestone toward full commercial operations. “At a time of increased uncertainty in the global LNG trade, we are excited to begin shipping a new and reliable source of natural gas from North America’s Pacific Coast to customers around the globe,” said Justin Bird, chief executive officer of Sempra Infrastructure. “This achievement underscores the exceptional talent of the entire ECA LNG Phase 1 team and our company’s steadfast commitment to safe and strong project execution.” “The start-up of ECA LNG, whose strategic location provides privileged access to Asian markets, strengthens the quality of our integrated LNG portfolio in North America. TotalEnergies is pleased to contribute to the project’s ramp-up by exporting its first LNG cargoes...

4th Jun 2024 Axens has been awarded by Uzbekneftegaz, the Uzbekistan’s state-owned oil and gas company, a Basic Engineering and License contract for the modernization project of Bukhara Oil Refinery . The target of this project is to enable the production of Euro 5 gasoline in compliance with the highest international standards. As a major licensor in the refining field, Axens has long-standing partnership with Uzbekneftegaz, accompanying Bukhara Oil Refinery with technical services and catalyst supply for the optimum operation of the plants since the first process units licensed by Axens’ were put in operation in 1997. As part of the project, Axens is providing the best-in-class process technologies coming from continuous research and development for the Naphtha Hydrotreating, C5/C6 Isomerization and 2-Stage PyGas Hydrogenation units. Together with the existing Naphtha Hydrotreater and CCR-Reforming Units originally licensed by Axens, these five units of the gasoline block will enable...

05 Nov 2025 Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) and Petroliam Nasional Berhad ("PETRONAS") today announced the signing of a 20-year agreement (the "Agreement") for 1.0 million tonnes per annum ("mtpa") of Pembina's liquefaction capacity at the Cedar LNG facility ("Cedar LNG") by their subsidiaries. The Agreement is a synthetic liquefaction service structure for 1.0 mtpa of capacity, under which Pembina will provide transportation and liquefaction capacity to PETRONAS LNG Ltd over a 20-year term. It enables PETRONAS to access an additional natural gas export outlet for its sizeable Canadian upstream investment, while providing Pembina with a stable long-term, take-or-pay revenue stream and the potential for value enhancement. The Agreement also demonstrates the shared commitment of both Pembina and PETRONAS to realize the long-term potential of Canadian LNG, supporting energy security and advancing the tra...

Tue, 25 Jun 2024 The Haisla Nation and Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA), partners in Cedar LNG Partners LP ("Cedar LNG"), today announced a positive Final Investment Decision ("FID") on the Cedar LNG Project, a floating liquefied natural gas ("LNG") ("FLNG") facility with a nameplate capacity of 3.3 million tonnes per annum ("mtpa"), located in the traditional territory of the Haisla Nation, on Canada’s West Coast (the "Project"). The Project is strategically positioned to leverage Canada’s abundant natural gas supply and deliver a lower-carbon energy option to global markets. The facility will be powered by renewable electricity from BC Hydro, making it one of the lowest emitting LNG facilities in the world. "Today, the Haisla Nation, with our partner Pembina, have made history as the world’s first Indigenous community to develop an LNG facility as majority owners," said Crys...

July 13, 2022  Buckeye Partners, L.P. (“Buckeye”) today announced that it closed on the previously announced acquisition of Bear Head Energy, Inc. (“Bear Head”) , which is developing a large-scale green hydrogen and ammonia production, storage and export project in Point Tupper, Nova Scotia with hydrogen electrolyzer capacity of over two gigawatts. “Buckeye’s intention with this acquisition is to develop a large-scale green energy production, distribution and export hub,” said Buckeye CEO Todd Russo. “Given the project’s unique features and the geographic advantages of the region, including its status as one of the top locations globally for wind energy generation, we believe that this has the potential to become one the world’s premier green hydrogen production facilities. As Buckeye continues to evolve into a more diversified energy company, acquisitions like Bear Head represent an opportunity for us to invest in growth that aligns with our customers’ evolving needs and ESG prior...