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Liquefied natural gas shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at a faster rate than LNG production is rising and spot demand still tepid. New LNG tankers, built in anticipation of rising U.S. exports after a plunge in Russian …
LNG Shipping Rates Tumble to Multi-Year Lows as New Vessels Come Online Read More »
Health care, energy also among businesses with most at stake Retailers would face major impact from tariff increases The US election on November 5 will be a clash of visions that reverberates through the global economy for years to come. Kamala Harris and Donald Trump in some cases have skirted how they will handle pivotal …
Here Are 5 Industries With the Most at Stake in Presidential Election Read More »
HOUSTON, Oct 24 (Reuters) – Federal regulators on Thursday gave an Exxon Mobil (XOM.N) and Qatar Energy LNG joint venture a 3-year extension to finish building their Golden Pass LNG plant, a regulatory document showed. The extension was granted due to delays caused when lead construction contractor Zachry Holdings filed for bankruptcy in March, according …
Exxon Mobil, Qatar get 3-Year Extension to Build Their LNG Plant in Texas Read More »
JPMorgan Chase is in talks to resume trading physical liquefied natural gas (LNG) after more than a decade, Bloomberg News reported on Wednesday, citing people familiar with the matter. The bank has had talks with at least three projects under development in the Gulf Coast to get a long-term LNG supply, the report said. The …
`JPMorgan Looks to Resume Trading Physical LNG, Bloomberg News Reports Read More »
Senior energy official says that the policy on gas is working Geoffrey Pyatt says he couldn’t speculate on future sanctions Bloomberg News The US will continue to “tighten the screws” on Russian liquefied natural gas exports to deprive Moscow of funds for its war in Ukraine, according to a senior State Department energy official. “Our …
U.S. Will Continue to ‘Tighten the Screws’ on Russia LNG Flows Read More »
Oct 22 (Reuters) – Cheniere Energy expects China gas demand to grow to more than 600 billion cubic meters (bcm) by 2040 from 400 bcm today, a company executive said at the Asia Gas Markets conference on Tuesday. “There’s no doubt that gas demand growth in China, in absolute terms, is substantially driven by energy …
Cheniere Energy Expects China Gas Demand to Rise More Than 50% by 2040 Read More »
A U.S. appeals court on Monday appeared likely to reject a challenge by environmental groups to the Biden administration’s decision to approve exports from a planned $39 billion liquefied natural gas project in Alaska. Two members of a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit posed skeptical questions …
U.S. Appeals Court Likely to Reject Challenge to Alaska LNG Exports Read More »
Australia’s top energy firm Woodside Energy sees an opportunity to beef up LNG sales to Japan, including supply from the United States, where the company just bought Tellurian and its LNG export project, CEO Meg O’Neill said on Monday. With this new position in the U.S., Woodside will be able to “offer our Japanese buyers …
Australia’s Woodside Says It’s Open to Supplying LNG to Japan From US Read More »
Summary Qatar facing increasing competition from US, UAE Competitors offer flexible terms, cheaper prices Talks with Japan, South Korea buyers stalled Destination clause, terms of contracts among key disagreements Japan long term LNG outlook remains uncertain Oct 21 (Reuters) – Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) …
Qatar LNG Sales to Key Asian Markets Confronted by US, UAE Rivalry Read More »
HOUSTON, Oct 17 (Reuters) – Cheniere Energy (LNG.N) moved one step closer to producing first liquefied natural gas from a Corpus Christi, Texas, expansion project on Thursday after it received permission from federal regulators to put a supply line into operation. Cheniere is the largest U.S. LNG exporter and the world’s second largest producer of …
Cheniere Energy Moves Closer to Starting New Texas LNG Export Operation Read More »
