OPEC Deal Is Bad News for U.S. Gas and Good News for LNG
OPEC’s decision to shrink oil production is both a blessing and a curse for natural gas markets. It’s bad news for the U.S. gas bulls enjoying a rally that has Continue Reading
U.S. LNG Is Changing The Global Gas Game
In the emotion-laden aftermath of the U.S. presidential elections, the focus of all energy attention seems to be exclusively on crude oil and domestic production. Specifically, on whether energy independence Continue Reading
Is The U.S. Set To Become An LNG Powerhouse
The LNG industry has been turned on its head by forces that could not been foreseen just few years ago. Continuous drop in demand for gas in Asian markets (down Continue Reading
Growing LNG supply glut redefining global flows, long-term contracts: PIRA
Global flows of liquefied natural gas (LNG) are set to change as the growth in a supply glut will peak in 2018 because of new production from Australia and the Continue Reading
Are Market Conditions For U.S. LNG Improving?
As Cheniere Energy shuts down its LNG terminal at Sabine Pass for a month of repairs, it seems like a good time to take stock of the global LNG situation. Continue Reading
Big Break Through For Small Scale LNG
With the price differential between oil and LNG sending mixed signals to the market, is the time right to look at Small Scale LNG (SSLNG)? Below we outline six key Continue Reading
The First U.S. LNG Shipment To China Arrives
The fist LNG shipment to China from the lower 48 states arrived last week, marking the official entry of the U.S. into the Asian LNG market. The shipment was chartered Continue Reading
Gas Leak Has California Preparing for LNG Imports, Capping Use
State recommends monitoring refiners’ gas use, pump prices Agencies say state should also prepare for LNG imports California is looking at capping the amount of natural gas burned by power Continue Reading
Cheniere’s first LNG export cargoes: A contrarian indicator for U.S. natural gas prices?
Cheniere Energy has long been my favorite contrarian indicator in the U.S. natural gas market. For those unfamiliar with the term, a contrarian indicator is an event which suggests that Continue Reading
UK’s Brexit vote leads to bearish impact on LNG as currencies weaken
The UK’s Brexit vote is expected to have a bearish effect on the global LNG market due to the weakening of European currencies, several trading sources said Friday. News of Continue Reading
Cheap LNG May Lure 50 More Nations to Gas From Oil, WoodMac Says
The number of liquefied natural gas importers may more than double as a glut damps prices and encourages nations to ditch crude, according to Wood Mackenzie Ltd. More than 50 Continue Reading
US set to become major global natgas supplier as exports soar: DOE official
Demand for US natural gas for export — including both pipeline and LNG exports — is set to skyrocket through the next few decades, a US Department of Energy official Continue Reading
Shell And Gazprom Set To Sign A Deal On LNG Development In The Baltic
Shell has plans to ink a deal with the Russian gas company Gazprom sometime this week. The deal is related to Gazprom’s plan to begin a liquefied natural gas project Continue Reading
LNG Players to Seek New Markets, IEA Says
Major traders and sellers of liquefied natural gas will begin to look to new markets over the next five years as demand from traditional centers wanes, the International Energy Agency Continue Reading
Cheniere completes Train 1 commissioning at Louisiana LNG terminal
Cheniere Energy Partners has completed the commissioning of its first liquefaction train at the Sabine Pass liquefaction project in Cameron Parish, Louisiana, the company said in a statement Tuesday. Bechtel, Continue Reading
LNG industry tension to rise as price breaks link to crude oil: Russell
The price of spot cargoes of liquefied natural gas (LNG) in Asia has broken its long-standing link to crude oil this year, a development likely to fuel tensions in an Continue Reading
International Markets Prove Hard To Conquer For U.S. LNG
Marcellus Shale Tower The latest drilling productivity report from the Energy Information Administration (EIA) has shown that the Marcellus shale continues to be the largest source of natural gas in Continue Reading
Big Oil’s Big Plans for New Gas Markets
Natural gas transported across the world’s oceans by ship has helped to displace coal burned in European power plants and Chinese household cookers. Now, producers want it to become a Continue Reading
Goldman Sachs emerges as growing natural gas player
Goldman Sachs has quietly overtaken Chevron and ExxonMobil to become one of the biggest natural gas merchants in North America, expanding in physical commodities trading even as other banks pull back. Continue Reading
It’s Not Looking Good For Canadian LNG
As the Keystone XL saga made clear, Alberta has had trouble getting its oil and gas to markets outside of the province. That trouble continues for Canada’s oil industry. The Continue Reading
Russia’s Rosneft ships its first cargo of LNG
For the first time in its history, Russian energy company Rosneft said Friday it delivered a shipment of liquefied natural gas to an Egyptian customer. A trading arm of Rosneft Continue Reading
Oil Price Drop Vanquishes Cutting-Edge Projects
The Prelude, a floating LNG tanker, is one of the first to test a new… The world’s largest energy companies are sidelining big ideas that they touted just a couple Continue Reading
Russian NatGas Mega Project Finds Funding Despite Sanctions
Big news in energy project finance this week, with a mega-project that no one thought could succeed coming through with a massive finance package. That’s the Yamal liquefied natural gas Continue Reading
Gazprom Wants to Turn Bahrain Into A Gas Hub
Russian state-owned oil and gas giant Gazprom is currently working out the matter of creating a liquefied natural gas (LNG) distribution hub in Bahrain. The hub will be meant to Continue Reading
Gazprom questions price mechanisms for LNG
Russian energy company Gazprom said liberalizing the market for liquefied natural gas means contractual talks with China are under threat. Gazprom Deputy Chief Executive Officer Vitaly Markelov said counterparts at Continue Reading
First U.S. Gas Shipment En Route to Europe
A tanker from Louisiana loaded with U.S. natural gas is en route to Portugal, the first shipment in a trade relationship that could shake up the European market. The 970-foot Continue Reading
A Good Day For U.S. LNG As Senate Passes Energy Bill
As recently as a week ago, the energy bill that the U.S. Congress was considering was stalled and faced an uphill battle. But the Senate has sprung into action, and Continue Reading
The Great Glut: Why LNG Markets Might Not Balance Before 2025
The LNG Glut and the Golden Age of Gas, Part 1 ‘Where are all the LNG postponements?’ was the puzzled, plaintive warning heard from Oil & Gas experts Wood Mackenzie Continue Reading
Gazprom taking long view on LNG
Taking a long view on the global market, Russian energy company Gazprom said it selected St. Petersburg as the 2022 host of a liquefied natural gas summit. Billed as the Continue Reading
LNG producers need to go downstream to build industry
The falling dominoes that are major liquefied natural gas (LNG) projects show that the industry needs a re-think on how it is structured and operates. Up until now LNG has Continue Reading
New Market for U.S. Shale Gas Opens in Europe
Swiss petrochemicals giant Ineos Group Holdings SA plans to accept the first American shipment of a type of shale gas to Europe on Wednesday—a milestone that marks the opening up Continue Reading
Chevron Ships First LNG From Gorgon Project Off Australia
Chevron Corp. has shipped its first cargo of liquefied natural gas from its new multibillion-dollar plant off Australia’s west coast to a customer in Japan, the U.S. energy company said Continue Reading
Finland gets backing for LNG development
The European Commission said Friday it supported Finland’s strategy to invest in a small-scale liquefied natural gas terminal as an energy security option. The commission said it supported the government’s Continue Reading
Cheniere preparing to load second LNG cargo from Sabine Pass: sources
The Cheniere-operated Sabine Pass LNG terminal in Louisiana is preparing to load its second cargo, market sources said Friday. The facility is understood to be taking more feed gas than Continue Reading
Growth in domestic natural gas production leads to development of LNG export terminals
The first export shipment of liquefied natural gas (LNG) produced in the Lower 48 states on February 24 is a milestone reflecting a decade of natural gas production growth that Continue Reading
As U.S. shale exports begin, Australia readies world’s costliest gas project
The timing couldn’t be worse for the first production of natural gas from Australia’s $54 billion Gorgon project – the world’s most expensive. Prices for liquefied natural gas (LNG) have Continue Reading
Potential for Texas LNG export facility building
Australian gas leader Woodside said it was wading into the growing liquefied natural gas sector in the United States with an agreement to tap Texas port developments. Woodside announced it Continue Reading
U.S. LNG Exports Make Waves Abroad, Not at Home
The first seaborne export of natural gas this week from the continental U.S. is a game changer. Coming just two months after another major milestone —the lifting of a decadeslong Continue Reading
With U.S. Gas, Europe Seeks Escape From Russia’s Energy Grip
On the deck of this floating gas terminal, Mantas Bartuska awaits a tanker to pass a narrow inlet on the Baltic Sea with the first natural gas shipments from the Continue Reading
Petrobras Said to Buy Cheniere’s First U.S. Shale Gas Export
Petroleo Brasileiro SA, Brazil’s state-owned energy company, is scheduled to receive the first cargo of shale gas to be shipped from the U.S., according to a person familiar with the Continue Reading
America’s Chance to Help Break Russia’s Energy Dominance
Earlier this month, the U.S. Senate began considering a bill that, if passed, would certify the central role of liquefied natural gas in American foreign policy and help many European Continue Reading