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The US appears to have ambitions to dominate the global market for liquefied natural gas with growing exports of gas produced from shale rocks. The volumes are certainly available and Continue Reading
BEIJING (Reuters) – ExxonMobil Corp said on Thursday it has signed a preliminary deal to build a petrochemical complex and invest in a liquefied natural gas (LNG) terminal in China, Continue Reading
Since the early days of the oil and gas industry, a group of Western companies has dominated the industry. These companies have been named ‘Big Oil’ due to the size Continue Reading
The U.S. energy regulator has approved a request by Cheniere Energy to feed the first gas into its new liquefied natural gas (LNG) facility in Corpus Christi, Texas, marking the Continue Reading
Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities Continue Reading
President Donald Trump’s first year in office must have been a pleasant surprise for Chinese President Xi Jinping. A successful state visit in Beijing and an apparent personal chemistry between Continue Reading
Cheniere Energy wants to introduce feedgas to the first liquefaction unit at its LNG export facility in Texas as it prepares to begin production before the end of the year. Continue Reading
This winter could be a bleak one for America’s natural gas exporters as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade war. PetroChina, a Continue Reading
President of the European Commission Jean-Claude Juncker said Europe is ready for liquefied natural gas from the United States if the price is competitive. – If the price is right, Continue Reading
Two weeks ago, it looked as if Canada’s fledgling LNG hopes would finally be resuscitated. Shell’s chief financial officer Jessica Uhl told analysts during the company’s second quarter conference call Continue Reading
A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long hiatus in investments as energy giants sense a widening supply gap within Continue Reading
China’s proposed tariffs on U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White Continue Reading
China rattled investors in the US LNG export sector when it said Friday it may impose 25% tariffs on American cargoes if President Donald Trump follows through on his threat Continue Reading
U.S. President Donald Trump expects the European Union to fund 9 to 11 liquefied natural gas (LNG) ports to absorb “vastly” more shipments from the United States but current EU Continue Reading
Japan’s largest exploration and production company, Inpex, said on Monday that it had started producing gas at the Ichthys liquefied natural gas (LNG) project, which has cost US$40 billion and Continue Reading
A visit from Jean-Claude Juncker, the President of the European Commission, to Washington last week resulted in an agreement between two of the biggest economic blocs in the world, which Continue Reading
Japan’s LNG imports dropped 10.3% year on year in June, hitting the lowest monthly volume in almost two years as supply from major producing countries such as Australia, Qatar and Continue Reading
President Donald Trump’s plan for “vast amounts” of U.S. liquefied natural gas (LNG) to be sold to the European Union after trade talks with its top representative faces a reality Continue Reading
Europe will build more terminals to import U.S. liquefied natural gas, the head of the European Commission told U.S. President Donald Trump during a meeting aimed at averting a transatlantic Continue Reading
Cheniere Energy is ahead of schedule and expects to begin producing LNG by the end of the year from the first liquefaction unit at its Corpus Christi export terminal in Continue Reading
The U.S. Energy Department on Wednesday cleared the way for faster approval of small-scale exports of natural gas including liquefied natural gas to Latin American countries by issuing a rule Continue Reading
The relatively young industry of projects using floating storage and regasification units (FSRU) has enjoyed boom years since 2015 as many new importers of liquefied natural gas (LNG) used these Continue Reading
Russian energy company Novatek said Thursday it shipped its first batch of liquefied natural gas to China using a so-called Northern Sea Route. The northern passageway is a shipping lane Continue Reading
Russian natural gas producer Novatek delivered on Thursday the first ever liquefied natural gas (LNG) cargo to China via the Northern Sea Route (NSR) alongside the Arctic coast, which drastically Continue Reading
Russia’s energy ties to China have been discussed at length throughout our website – the construction of the 38 BCm per year Power of Siberia gas pipeline, seaborne sales of Continue Reading
As liquefied natural gas (LNG) markets mature, trying to establish itself against decades of crude oil dominance, developments far removed from most of the action are taking unusual turns that Continue Reading
North America’s production of natural gas, increasingly derived from fracturing the continent’s extensive shale deposits, has in just a few short years radically scrambled the global gas market. When viewed Continue Reading
Alaska officials on Wednesday said they remain confident that China will help the state achieve its decades-old dream of building a pipeline to carry now-stranded natural gas from the North Continue Reading
CME Group Inc said on Tuesday it will develop the first physically deliverable U.S. liquefied natural gas futures contract as growing worldwide demand has made the United States a key Continue Reading
Russian Novatek-led Yamal LNG project has sent two Arc7 ice-class LNG carriers destined to China via the Northern Sea Route in just nine days with no icebreaking support, marking the Continue Reading
President Donald Trump’s trade war with China may be just the edge Canadian LNG export developers need as they try to woo Asian buyers and siphon market share from the Continue Reading
The world’s biggest oil and gas players are gathering for a summit in Washington D.C. this week that will be overshadowed by the specter of shifting trade patterns due to Continue Reading
When China last week set out a list of US exports threatened with retaliatory tariffs, almost all fossil fuels were covered, including oil, coal and liquefied petroleum gases such as Continue Reading
“It appears that the Western public, both relatively ‘educated’ and thoroughly ignorant, could, after some persuasion, agree on certain very basic facts – for instance that Russia has historically been Continue Reading
American gas prices could double by 2040 as the U.S. exports more liquefied natural gas, but consumers will be shielded as production of the fuel increases and trade balances improve. Continue Reading
Global trade in liquefied natural gas (LNG) reached 38.2 billion cubic feet per day (Bcf/d) in 2017, a 10% (3.5 Bcf/d) increase from 2016 and the largest annual volume increase Continue Reading
Through its emerging role in the global energy space, U.S. liquefied natural gas supports security for South Korea, a State Department spokesman said. U.S. Deputy Assistant Secretary of State for Continue Reading
Growing demand from China should soak up some of the spare capacity of LNG to the modest relief of emerging suppliers like the United States, analysis finds. Chinese economic policymakers Continue Reading
U.S. major ExxonMobil and Russian energy company Rosneft ( ROSN.MM ) expect their future joint project to produce more than 6.2 million tonnes of liquefied natural gas per year, Interfax Continue Reading
While formerly on the shelf, a pipeline that could feed a liquefied natural gas terminal in British Columbia can proceed, federal regulators said. The National Energy Board gave Nova Gas Continue Reading
China will take in more natural gas from the United States to satisfy growing domestic demand, a Chinese consultancy has said amid trade talks between Washington and Beijing seeking to Continue Reading
Cheniere Energy Inc said on Tuesday it had approved the construction of a third liquefaction unit, known as a train, at its Corpus Christi export terminal in Texas, the first Continue Reading
BP has secured 2 million mt/year of LNG from the Venture Global Calcasieu Pass LNG export facility in Louisiana, under a 20-year sales and purchase agreement with Venture Global LNG, Continue Reading
PetroChina has begun cutting natural gas deliveries to certain industrial clients signaling still tight supply of the fuel that caused rather severe shortages in northern China in December. Reuters quotes Continue Reading
The United States is on pace to become one of the largest LNG exporters in the world, federal data show. Photo courtesy of Royal Dutch Shell May 17 (UPI) — Continue Reading
Construction on TransCanada Corp’s ( TRP.TO ) Coastal Gaslink pipeline will start in early 2019, pending a positive investment decision on the LNG Canada liquefied natural gas project, the head Continue Reading
The expected growth in the global LNG market in the coming years will mean buyers can do without long-term contracts, leading industry players said late Tuesday at the Flame conference Continue Reading
The United States began exporting LNG just two years ago, and last year it was already a net exporter of the fuel, despite a global glut. By the end of Continue Reading
US investors’ difficulties in financing a second wave of LNG export projects have given Western Canada the chance to prove it can be more competitive than the Gulf Coast as Continue Reading
