LNG

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US Natgas Prices Drop 7% on Reduced Flows to LNG Export Plants, Lower Demand Forecasts

Conventional Energy, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures dropped about 7% to a five-week low on Friday on a decline in daily liquefied natural gas (LNG) exports and forecasts for mild weather and lower demand over the next two weeks than previously expected. That price drop occurred despite a decline in output so far this month. Gas …

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US Oil Rig Count Rises to Highest Since June, Baker Hughes Says

Conventional Energy, Latest, LNG, Natural Gas, Oil, US News / By

(Reuters) – U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early …

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Venture Global says it Exported 29 Cargoes from Plaquemines LNG Plant in Q1

Conventional Energy, Latest, LNG, Natural Gas, US News / By

U.S. liquefied natural gas developer Venture Global exported 29 cargoes from its Plaquemines facility in Louisiana during the first quarter of 2025, the company said in a regulatory filing on Thursday. Venture Global realized an average fixed liquefaction fee of $7.26 per million British thermal units (mmBtu) from the Plaquemines plant, it said in the …

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EU Plans Countermeasures to New US tariffs, Says EU Chief

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

European Commission President Ursula von der Leyen described U.S. President Donald Trump’s universal tariffs as a major blow to the world economy and said the European Union was prepared to respond with countermeasures if talks with Washington failed.   Von der Leyen said the EU was already finalising a first package of tariffs on up …

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HARD FACT: FINLAYSON – Energy Sector Will Fuel Alberta Aconomy and Canada’s Exports For Years to Come

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

Most of Canada’s oil reserves are in Alberta, along with a majority of natural gas reserves. Alberta is the beating heart of the Canadian energy economy. JOCK FINLAYSON By any measure, Alberta is an energy powerhouse — within Canada, but also on a global scale. In 2023, it produced 85% of Canada’s oil and three-fifths …

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US LNG Exports Soar in March on Ramp Up of Plaquemines Plant

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(Reuters) – The U.S. exported a record amount of liquefied natural gas (LNG) in March, selling more than 9 million metric tons (MT) of the superchilled gas, according to preliminary data from LSEG. The U.S. is already the world’s largest exporter of LNG and President Donald Trump has promised to unleash American energy by declaring …

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Energy Leads S&P 500 Sector Advances as Q1 Draws to Close

Conventional Energy, Energy Topics & Technology, Finance, Latest, LNG, Natural Gas, Oil / By

** As Q1 draws to a close, energy looked set to come out the top performer among the S&P 500’s major industry sectors for the quarter, with a ~9% gain for the period  ** Energy, up 0.7% on Mon, is also among the best-performing sectors of the day, outperforming the broader market, with the S&P …

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Canadian Conservative Leader Pierre Poilievre To Create ‘Canada First’ National Energy Corridor

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

Poilievre will create the ‘Canada First’ National Energy Corridor to rapidly approve & build the infrastructure we need to end our energy dependence on America so we can stand up to Trump from a position of strength. Saint John, NB — Conservative Leader Pierre Poilievre announced today he will create a ‘Canada First’ National Energy Corridor …

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US regulators Issue Preliminary Environmental Support for Rio Grande LNG

Conventional Energy, Latest, LNG, US News / By

  The Federal Energy Regulatory Commission issued a preliminary decision on Friday supporting environmental approval for NextDecade’s Rio Grande LNG project in southern Texas. In August, a Washington, D.C. Circuit court quashed the regulator’s approval for the plant at the Port of Brownsville, Texas, saying it failed to issue a supplemental Environmental Impact Statement on …

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US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says

Conventional Energy, Latest, LNG, Natural Gas, Oil, US News / By

(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by one to 592 in …

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