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Europe likely to require more LNG imports next year: report IEA sees gas consumption in Europe dropping slightly this year Global demand for natural gas will hit an all-time high next year as competition for seaborne fuel intensifies between Asia and Europe, according to the International Energy Agency. After a drop in imports this year, …
World Gas Use to Hit Record in 2025 Amid Fight for LNG, IEA Says Read More »
Vladimir Putin’s ambition to triple exports by 2030 looks like a stretch, and that bodes well for Washington. Vladimir Putin’s strategy to expand liquefied natural gas exports hinges on finding buyers willing to circumvent US sanctions. So far, that’s proven a challenge. Key to the Russian president’s plans is the vast Arctic LNG 2 plant, which started …
Russia’s Struggle to Sell Its LNG Is a Double Win for the US Read More »
Company delays payout as it seeks agreement with debtholders Second LNG export cargo is heading to Europe, firm says Shares of New Fortress Energy Inc. plunged as much as 16% after the US-based natural gas provider delayed its dividend payment. The company founded by Wes Edens said its previously declared dividend of $0.10 a share will be delayed until it …
LNG Supplier New Fortress Falls After Delaying Dividend Paymen Read More »
By Jarrett Renshaw ERIE, Pennsylvania Sept 26 (Reuters) – Drillers in energy-rich Pennsylvania this week called on Democratic presidential candidate Kamala Harris to detail her position on natural gas, a fuel the energy industry bills as clean but which climate activists say is a global warming menace. President Joe Biden put a freeze on new …
Natural Gas Producers Press Harris For Answers in Battleground State Read More »
(Reuters) – U.S. energy firm Berkshire Hathaway Energy shut its Cove Point liquefied natural gas (LNG) export plant in Maryland for about three weeks of annual autumn maintenance, according to a company notice to customers. The amount of natural gas flowing to the plant, which shut around Sept. 20, fell to near zero from an …
Berkshire Hathaway’s Maryland Cove Point LNG Export Plant Shut for Maintenance Read More »
Chevron does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company’s capital and it can easily sell its U.S. gas, said a top official on Thursday. The head of Chevron’s midstream, Colin Parfitt, also ruled out taking an equity stake in Woodside Energy’s …
Chevron Not Looking to Invest in Building U.S. LNG Plants Read More »
(Reuters) – Construction contractor Kiewit on Thursday said it has settled a lawsuit with LNG developer Venture Global LNG over disclosures to Shell of information on the Calcasieu Pass LNG plant, the president of Kiewit Energy said. Venture Global on August 2 filed for arbitration against Kiewit alleging it passed confidential documents to Shell in a …
Kiewit Settles Dispute With Venture Global LNG Over Construction Disclosures Read More »
The Indian Apartment Behind Russian Efforts to Break US Gas Sanctions A network stretching from Dubai to China is involved in a multi-billion dollar effort to ship gas from Russia’s Arctic LNG facility. The crayon marks on the wall of the sparsely furnished apartment hint at it being a conventional family home. But the single …
Russia’s LNG Shadow Fleet Looks to Circumvent US Energy Sanctions Read More »
Energy Department enacted gas terminal moratorium in January Shale boom transformed US into world’s biggest LNG exporter The oil and gas industry is zeroing in on the Biden administration’s moratorium on new liquefied natural gas export permits as the key policy they want changed under the next US president. Chevron Corp. Chief Executive Officer Mike Wirth called on …
Chevron CEO Attacks Biden LNG Export Pause on Costs, Carbon Read More »
Crown LNG also pursuing import projects in Scotland, India To-be-disclosed location in US would directly supply importers An upstart liquefied natural gas developer that first considered constructing import terminals in Scotland and India is now turning its sights to building out export capacity from the US Gulf Coast, joining a slew of projects vying to supply the world. Norwegian …
Norwegian Developer Eyes New LNG Export Project in US Gulf Read More »
