Gas Processing/LNG
South Korea, Australia agree to strengthen energy supply chain resilience
South Korea is a key energy partner of Australia as the largest supplier of diesel and third-largest source of jet fuel, Wong said. Australia is South Korea's largest source of liquefied natural gas (LNG).
Sinopec refinery utilization drops, but chemical exports rise due to Iran war
Sinopec, the world's biggest refiner by capacity, cut refinery utilization rates between January and March by 7.6% on an annualized basis to average at around 83%.
Burckhardt Compression wins several orders for LNG terminals in Thailand and Taiwan
Across the two terminals, the orders comprise a total of eight Laby® compressor units for boil-off gas (BOG) services and one for minimum send-of service, supporting safe, efficient and low-emissions LNG handling in the region.
Shell to acquire Canada's ARC in output-boosting $16.4-B deal
ARC's production lies near Shell's existing Canadian fields which feed into the LNG Canada plant, in which Shell holds a 40% share and whose liquefied natural gas can reach Asian buyers more quickly than most other North American LNG.
Energy services group Saipem ‘well positioned’ to win Iran war repair contracts
The cost of repairing damage resulting from the war and restoring energy-linked infrastructure could hit $58 B, Rystad Energy said in a recent report, with oil and gas facilities alone facing a potential bill of $50 B.
What's in the EU's 20th package of sanctions against Russia?
The EU had initially aimed to adopt the package to mark the fourth anniversary of Russia's full-scale invasion of Ukraine on February 24.
Europe's response to the Iran war energy crunch
Central to the EU proposals is a focus on reducing reliance on oil and gas, to cushion against future fossil fuel supply disruptions and price spikes.
EU warns of prolonged energy shock, forced cuts if Iran war continues
Europe has not yet faced supply shortages, but is grappling with soaring oil and gas prices and airports have warned the first jet fuel shortages could hit within weeks.
How China is plugging energy supply gaps left by U.S.-Iran conflict
China secured roughly half of its total imports of crude oil, refined fuels, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) from the Middle East in 2025.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- Commonwealth LNG gets green light to start construction of $13-B, 9.5-MMtpy LNG terminal 5/15
- ARENA to drive Australia's $1.1-B Cleaner Fuels Program 5/15
- Japan’s first green ammonia plant based on KBR’s K-GreeN process now fully operational 5/15
- Repsol's Chairman asserts the role of refining as a strategic industry for Spain and for Europe 5/15
- Hazer and Continental Renewable Ventures sign MoU to explore low-carbon fuels projects in Australia 5/15
