LNG

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Biden LNG Study Shelved After Pollution Impacts Deemed Minor

By Jennifer A Dlouhy and Ari Natter Backers of LNG exports argue that when gas displaces coal as a source of electricity.Photographer: Brandon Bell/Getty Images When the Biden administration stopped approving licenses to export US liquefied natural gas in January of last year, officials said they first needed to determine how those shipments would affect …

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Citadel Expands Further in US Natural Gas With $1 Billion Deal

By Devika Krishna Kumar and Ruth Liao Citadel made one of its biggest investments yet in the physical US natural gas market, expanding in one of its most profitable business areas. The hedge fund, led by Ken Griffin, agreed to buy assets from closely held Paloma Natural Gas LLC in a deal valued at about …

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US Natgas Prices Jump 5% to One-Week High on Record LNG Flows, Daily Output Drop

(Reuters) – U.S. natural gas futures jumped about 5% to a one-week high on Wednesday on record flows to liquefied natural gas (LNG) export plants and a second drop in daily output. Front-month gas futures for April delivery on the New York Mercantile Exchange rose 19.5 cents, or 4.8%, to settle at $4.247 per million …

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Trump to Clear Venture Global LNG Exports From Louisiana Project, Bloomberg News Reports

(Reuters) – U.S. President Donald Trump’s administration is set to grant Venture Global LNG conditional approval to export natural gas from a proposed Louisiana facility, which had faced delays under former President Joe Biden, Bloomberg News reported. The Energy Department is set to authorize widespread exports from the company’s CP2 project as soon as Wednesday, …

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COMMENTARY: America Will Lose If the EU and China Become Energy Buddies – David Fickling

Fossil exporters’ status will dwindle from the shift to clean power. By David Fickling The electrons coursing through our grids, turbines and engines are invisible to the human eye, but without them, all the machinery that powers our industrial economy would grind to a halt. Unseen flows of energy drive international relations, too. What’s often …

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US Court Revises Energy Regulator’s Order for NextDecade’s Texas LNG Facility

March 18 (Reuters) – Energy company NextDecade (NEXT.O) said on Tuesday that the U.S. Court of Appeals for the District of Columbia had revised its August 2024 judgment against the energy regulator’s order allowing the construction of the company’s LNG project in Texas. NextDecade’s flagship facility has been in development for several years and has …

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US Natural Gas Prices Ease to 2-Week Low on Record Output, Negative Waha Prices

(Reuters) – U.S. natural gas futures eased to a two-week low on Monday on record output, negative spot prices at the Waha Hub in West Texas and forecasts for the weather to remain mild through the start of April, which should keep the amount of gas utilities pull from storage to heat homes and businesses …

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Alaskan Officials to seek Investors in Japan as Trump Touts LNG

Summary • Alaska wants investors for proposed $44 billion LNG pipeline • Japanese firms have yet to commit to Alaska LNG project • Trump’s Japan ambassador says he will pursue LNG commitment (Reuters) – Alaskan state representatives will visit Japan this month to court investors for a natural gas project President Donald Trump says could …

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Alaska LNG Project Could Start Up as Soon as 2030, State Governor Says

(Reuters) – Exports of liquefied natural gas from Alaska could begin by 2030 or 2031, Alaska Governor Mike Dunleavy said on Friday. U.S. President Donald Trump talked up the proposed $44 billion Alaska LNG project in his address to Congress last week. The project is expected to deliver about 3.5 billion cubic feet of gas …

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Brazil’s Petrobras in Talks With US LNG Suppliers for Long-Term Deal, Executive Says

By Marianna Parraga HOUSTON, March 14 (Reuters) – Brazil’s state-run oil firm Petrobras (PETR4.SA) is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said. Brazil is Latin America’s largest oil producer, but consumes more gas than it produces and relies on imports to fill the gap. …

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