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U.S. liquefied natural gas export company Freeport LNG’s export plant in Texas was on track to pull in small amounts of natural gas on Monday after shutting on July 7 before Hurricane Beryl hit the Texas coast, according to data from financial firm LSEG. Freeport is one of the most-watched U.S. LNG export plants because …
Freeport LNG in Texas on Track to Take in Natgas Again After Hurricane Beryl Read More »
Summary Companies invest in downstream gas assets in Asia Japanese firms build gas markets to help sell excess LNG LNG seen as transitional fuel in move to renewables Activist investors raise alarm TOKYO, July 12 (Reuters) – Japanese companies foreseeing a growing surplus in stocks of liquefied natural gas (LNG) as their demand for the …
Japan Builds Gas Markets in Asia to Boost LNG Trading, Energy Security Read More »
(Reuters) – Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan’s bet on growing demand for the fuel as he reduces the focus on renewable energy. The new projects in the United Arab Emirates and Trinidad and Tobago and the acquisition …
Shell’s Bet on Gas Boom Takes Shape with String of Deals Read More »
Shell, Total, BP acquire 10% stakes in Ruwais site; Mitsui too Two of the firms also agree to take shipments from the project Bloomberg News Four international companies signed up to invest in Abu Dhabi National Oil Co.’s next liquefied natural gas export project on a bet that demand for the fuel will continue to climb. Shell …
Big Oil Invests in Adnoc LNG Plant in Bet on Future Demand Read More »
The amount of natural gas flowing to Freeport LNG’s export plant in Texas fell close to zero on Sunday as Hurricane Beryl roared towards the Texas coast, with the amounts to remain near zero on Monday, according to data from financial firm LSEG. “We have safely ramped down production at our liquefaction facility and intend …
Texas Freeport LNG Natgas Flows Fall to Near Zero Ahead of Hurricane Beryl Read More »
Shell, Total, BP and Mitsui will each take 10% stake Ruwais will raise the UAE’s export capacity to 15.4m tons/year Four international companies have agreed to invest in Abu Dhabi National Oil Co.’s next liquefied natural gas export project, according to people with knowledge of the matter. Shell Plc, TotalEnergies SE, BP Plc and Mitsui & Co. will each take a …
Shell and BP Among Big Firms Taking Stakes in Adnoc’s LNG Plant Read More »
East coast markets face challenge, independent inquiry says Report calls for increase in domestic production and supplies Australia, one of the world’s largest liquefied natural gas shippers, faces a shortage within a little more than two years, according to an independent inquiry, which urged a boost to production to meet the challenge of rising demand. …
Australia Runs the Risk of Gas Shortfall by 2027, Watchdog Says Read More »
Company has received multiple takeover offers in recent years It has operations in Australia, Papua New Guinea, Alaska Saudi Aramco and Abu Dhabi National Oil Co. have been separately studying potential bids for Santos Ltd., people with knowledge of the matter said, becoming the latest companies to show an interest in the Australian producer’s liquefied natural gas assets. The …
Aramco and Adnoc Are Considering Bids for Gas Producer Santos Read More »
Soaring production from shale, wind and solar helped create the biggest glut since at least 1949. Yet demand may soon catch up. Energy scarcely got a look-in during last week’s US presidential debate, but its brief mention is still worth a closer look. In response to a question about the events of Jan. 6, 2021, …
U.S. is Enjoying a Growing Energy Surplus – For Now Read More »
Fired co-founder Charif Souki plans to raise $100 million Tellurian is exploring options, sale with other investors Charif Souki said he plans to raise $100 million from investors to buy a stake in Tellurian Inc., the US natural gas development firm he co-founded and which fired him in December. “Various members of my family are already significant …
LNG Pioneer Ousted From Tellurian Attempts to Buy Back Stake Read More »
