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Top executives of U.S. liquefied natural gas developer Tellurian Inc could earn tens of millions of dollars if its proposed Driftwood LNG plant gets a green light, or if company is sold, a proxy filing released on Thursday showed. Tellurian had previously said that it was looking at all options, including a potential sale, to …
Top Tellurian Executives Poised for Big Payday if LNG Plant Goes Ahead Read More »
The second-largest U.S. liquefied natural gas (LNG) export facility has been running below 80% of its capacity due to technical problems, data from financial firm LSEG showed, denting U.S. exports. Since Jan. 15, Freeport LNG’s Quintana, Texas, liquefaction plant has been operating without at least one of its three gas-processing trains. In the last two …
As Demand for U.S. LNG Booms, One Plant Struggles to Stay Online Read More »
The first tanker in 12 days set sail from Freeport LNG’s Texas export terminal on Tuesday, signaling the resumption of gas processing after an outage this month. Freeport LNG, one of the largest U.S. liquefied natural gas export facilities, has suffered several outages this year with all processing units recently out of service, pressuring U.S. …
First Tanker in 12 Days sets sail from Freeport LNG in Texas Read More »
The first liquefied natural gas tanker to dock at Freeport LNG’s gas liquefaction plant in 11 days arrived on Saturday, vessel tracking data from financial firm LSEG showed. Saturday’s arrival of tanker BW Pavilion Leeara signaled a potential restart in coming days of one of the facility three gas-processing trains. Freeport LNG has suffered a …
First Tanker in 11 Days Arrives at Troubled Freeport LNG Export Plant Read More »
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Yawen Chen (Reuters Breakingviews) – It is generally a good thing when a chief executive worries about his company’s share price. The danger is seeking superficial fixes. Ever since Shell CEO Wael Sawan took charge last year, he has made it his …
Shell’s Value Gap is More Strategy Than Geography Read More »
Freeport LNG’s liquefaction plant remains mostly offline for a fifth straight day, with gas utilization rates at 125 million cubic feet per day (mmcf/d), or 5% of its fully operational use, data from financial firm LSEG showed on Monday. Freeport LNG has been the second-largest U.S. LNG exporter, with an installed capacity of 15 million …
Freeport LNG Gas Consumption Running Near Zero for Fifth Day Read More »
Criticizes White House freeze on LNG approvals in annual letter to shareholders Bloomberg News Jamie Dimon said U.S. delays of liquefied natural gas projects were done for political reasons to pacify those who believe oil and gas projects should simply be stopped — a position he calls “wrong” and “enormously naïve.” The head of JPMorgan …
The amount of natural gas flowing to Freeport LNG’s liquefied natural gas (LNG) export plant in Texas was on track to rise for a second day in a row on Tuesday, according to data from financial firm LSEG. Energy traders said gas futures were trading about 2% higher so far on Tuesday on the possibility …
U.S. Natgas Flows to Texas Freeport LNG Export Plant Seen up on Tuesday Read More »
Bloomberg The Biden administration has dismissed a deal with House Speaker Mike Johnson to tie Ukraine aid to lifting the Biden administration’s pause of new liquefied natural gas export licenses. “The president has been clear that House Republicans should pass the bipartisan national security agreement that already passed the Senate as soon as possible to get Ukraine …
White House Rejects Tying Ukraine Aid to Reversing Natural Gas Policy Read More »
There was a significant decline on Tuesday in the amount of U.S. natural gas being liquefied for export with a drop in demand from Cheniere Energy’s Corpus Christi plant in Texas and its Sabine Pass operation in Louisiana, according to data from financial firm LSEG. Cheniere is the largest U.S. producer and the world’s second …
U.S. Natural Gas Demand for LNG Falls as Cheniere Reduces Output Read More »
