LNG

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U.S. Natgas Prices Ease to 2-Week low on Output Rise, Lower Demand Forecast

Conventional Energy, Latest, LNG, US News / By

U.S. natural gas futures eased about 1% to a two-week low on Monday as output slowly rises and on forecasts for less hot weather and lower cooling demand next week than previously expected. That price decline came despite forecasts for more hot weather and cooling demand this week than previously expected. Front-month gas futures for …

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EU Adopts New Sanctions Against Russia, Including LNG

CDN and International News, Conventional Energy, Latest, LNG, Oil / By

European Union countries adopted a 14th package of sanctions on Russia that aims to close some circumvention loopholes and hits Russia’s gas exports for the first time, EU foreign affairs ministers said in a statement on Monday. Western powers imposed sweeping sanctions on Moscow after Russia launched a full-scale invasion of Ukraine in February 2022, …

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U.S. Natgas Flows Fall to 11-Month Low at Cheniere Sabine LNG Export Plant

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The amount of natural gas flowing to U.S. liquefied natural gas firm Cheniere Energy’s Sabine Pass export plant in Louisiana was on track to drop to an 11-month low on Friday, according to data from financial firm LSEG. Reductions at Sabine and other U.S. LNG export plants have often had a major impact on global …

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Major Chinese Asset Managers Have No Plans to Phase Out Fossil Fuel Investments

CDN and International News, Coal, Conventional Energy, Latest, LNG, Natural Gas, Oil / By

(Reuters) – Major Chinese asset managers have billions of dollars invested in fossil fuels with no plans for a phase out, a new Greenpeace report said. The environmental organisation’s analysis of 16 major Chinese asset managers released on Thursday said that they have invested a combined 267.2 billion yuan ($36.79 billion) in high-carbon sectors and …

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NextDecade, Saudi Aramco Sign 20-Year LNG Supply Deal

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(Reuters) – U.S. liquefied natural gas (LNG) provider NextDecade  has signed a non-binding agreement with Saudi Aramco  to supply 1.2 million tonnes per annum (MTPA) of LNG for 20 years, the companies said on Thursday. The deal comes at a time when Aramco is seeking to strengthen its position in the LNG market, which is set to …

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Abu Dhabi’s Adnoc Greenlights Its Biggest LNG Export Project

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Company makes final investment decision for Ruwais project UAE seeking to become self sufficient in gas, bolster trading The United Arab Emirates’s biggest energy company approved a major liquefied natural gas export terminal as it seeks to tap into a growing global market for the fuel. Abu Dhabi National Oil Co. made the final investment decision to …

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The Duo Atop the Biggest and Most Contentious U.S. LNG Exporter

Conventional Energy, Latest, LNG, Pinned Primary, US News / By

Summary The two industry outsiders upending LNG markets Venture Global LNG has shot up the ranks of gas exporters Customers BP, Shell say the pair flout industry norms HOUSTON, June 11 (Reuters) – U.S. liquefied natural gas (LNG) exporter Venture Global LNG this year became one of the country’s largest producers of the superchilled gas …

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What’s Next For Canada? With Major Projects Wrapping Up, What Does Canada’s Energy Future Hold

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, LNG, Natural Gas, Oil, Pipelines / By

‘This is the first time Canada will enter the global marketplace as a global player, so it is an incredibly important change for the industry’ By Mario Toneguzzi With the recent completions of the Trans Mountain expansion and Coastal GasLink pipelines, and the looming completion of LNG Canada within the next year, there are few major …

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Golden Pass LNG Construction Turmoil to Delay Texas Plant’s Startup, Analysts Say

Conventional Energy, Latest, LNG, US News / By

The startup of Golden Pass LNG, the QatarEnergy and Exxon Mobil $11 billion joint venture liquefied natural gas project in Texas, has been delayed by at least six months due to construction turmoil, analysts said on Thursday. The project at the Sabine Pass site of a former gas-import terminal that was converted to process natural …

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Shell CEO Warns of Risk From Volatile Policy in DC Visit

Conventional Energy, Energy Topics & Technology, Hydrogen, Latest, LNG, US News / By

Policy charted in US capital weighs on spending, Sawan says Sawan touts LNG as flexible option to meet industrial demand Shell Plc’s chief executive officer used a trip to Washington to deliver a plea for stability months before a US presidential election that threatens more upheaval in the global energy sector. Wael Sawan’s remarks during …

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