Duke Energy Corp. will need another way to shuttle natural gas to customers in the U.S. Southeast if the troubled Atlantic Coast shale pipeline fails to overcome legal setbacks. (Bloomberg) Continue Reading
The slump in the spot price of liquefied natural gas (LNG) in Asia to its lowest in three years should give pause for thought to the slew of companies planning Continue Reading
Exxon’s negotiations with Algeria for the development of local shale gas resources are being delayed because of the widespread anti-government protests in the North American country, Reuters reported this week, Continue Reading
You can’t see it, touch it or smell it, and lately you haven’t had to pay much for it either. Natural gas is America’s leading heating fuel, but a decadelong Continue Reading
The amount of natural gas in US storage facilities decreased 47 Bcf to 1.143 Tcf in the week that ended Friday, the US Energy Information Administration reported Thursday. The draw Continue Reading
Last month, ExxonMobil and Qatar Petroleum announced that they will proceed with construction of the >$10 billion Golden Pass liquefied natural gas (LNG) export facility on the Texas Gulf Coast. Continue Reading
U.S. exports of liquefied natural gas (LNG) to Europe will be the main competition for Gazprom this year, the Russian gas giant said on Thursday in an abrupt change of Continue Reading
Just a few years ago, instead of watching just how far spot LNG prices in Asia could tumble, the opposite was true. In the aftermath of the Fukushima nuclear disaster Continue Reading
The liquefied natural gas industry has become too reliant on demand for the fuel from China, industry executives warned at last week’s CERAWeek, advising players in the LNG field to Continue Reading
The UK is on track to import this month its highest volume of liquefied natural gas (LNG) since October 2015, as a wave of new global LNG supply and muted Continue Reading
Liquefied natural gas (LNG) producers must avoid becoming over-reliant on the strong Chinese demand growth seen in the past two years and should intensify efforts to broaden their marketsThe warnings Continue Reading
Cheniere Partners says the newest SPL train was completed ahead of schedule and within budget. Train 5 of the Sabine Pass Liquefaction (SPL) Project in Cameron Parish, La., achieved the Continue Reading
The U.S. and China are closing in on a trade deal, and the result could be a lot more U.S. LNG heading east. Reports suggest that Trump is eager to Continue Reading
US-based LNG exporter Cheniere Energy is in talks with China’s state-run Sinopec about a long-term LNG supply agreement, with the parties awaiting further instructions from government authorities, a source with Continue Reading
Alaska Gasline Development Corp (AGDC) said on Wednesday it received the last major federal permit needed before it can decide on its proposed $10 billion Alaska Stand Alone Pipeline (ASAP) Continue Reading
Moscow — Russian independent gas producer Novatek said late Wednesday that it has closed a deal to sell a 10% stake in the Arctic LNG 2 project to its long-term Continue Reading
Russia has long been established as a crucial component of most European natural gas import portfolios, with most imports received via pipeline through the Yamal-EuroPol pipeline (Poland) or the Baumgarten Continue Reading
Even if you just casually follow global energy news, you can’t help but notice that liquefied natural gas prices (LNG) in Asia keep dropping. Last week, prices for the super-cooled Continue Reading
Mexico Pacific Limited is pursuing a mid-scale LNG export project in Mexico’s Sonora state. Mexico Pacific Limited (MPL) has awarded KBR, Inc. a pre-front end engineering design (pre-FEED) contract for Continue Reading
Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to Continue Reading
The U.S. suffered though multiple bouts of severe cold in the last few weeks, but the weather has done very little to rescue low natural gas prices. Henry Hub gas Continue Reading
Los Angeles Mayor Eric Garcetti recently announced the city is scrapping plans for a multi-billion-dollar update to three natural gas power plants, instead choosing to invest in renewable energy and Continue Reading
More developments are underway that show just how far global liquefied natural gas (LNG) markets have progressed in the last five years. Until recently, the super-cooled fuel was mostly bought Continue Reading
Global liquefied natural gas (LNG) trade will rise 11 percent to 354 million tonnes this year as new facilities increase supplies to Europe and Asia, Royal Dutch Shell said in Continue Reading
The European Union recently updated its gas pipeline rules in a bid to assuage concerns about its deepening dependence on Russian gas. The move was generally praised by Nord Stream Continue Reading
India’s largest LNG importer might join Driftwood. Petronet LNG Limited INDIA (PLL) may invest in Tellurian Inc.’s proposed Driftwood LNG liquefaction and export facility near Lake Charles, La., Tellurian reported Continue Reading
Southern California Gas Co. (SoCalGas) and biogas producer Calgren Dairy Fuels announced that renewable natural gas produced at Calgren’s dairy digester facility in Pixley, California is being injected into SoCalGas Continue Reading
In the previous article, I discussed the global nature of the oil markets. But the shale oil boom in the U.S. temporarily increased the localized impact on the West Texas Continue Reading
It has now been over two months since Qatar made the decision to leave OPEC , with many analysts providing informed views on Qatar’s future energy strategy. This article aims Continue Reading
U.S. dry natural gas production will rise to an all-time high of 90.16 billion cubic feet per day (bcfd) in 2019 from a record high of 83.26 bcfd in 2018, Continue Reading
The fracked gas industry’s long borrowing binge may finally be hitting a hard reality: paying back investors. Enabled by rising debt , shale companies have been achieving record fracked oil Continue Reading
Germany will likely build two terminals to import liquefied natural gas (LNG), Economy Minister Peter Altmaier said on Tuesday, in a move to appease the U.S. while Berlin also supports Continue Reading
In a move that should not surprise energy pundits nor even those that follow geopolitical news in Europe, on Thursday Russian gas giant Gazprom said it’s looking to gain an Continue Reading
Top US energy and agriculture officials will return to China next week for the latest round of trade talks that could signal whether crude and LNG flows will pick up Continue Reading
‘King Coal’ dominated the energy mix during the industrial revolution of the 19 th century. The replacement of the steam engine by the internal combustion engine made oil the most Continue Reading
Britain’s government has no plans to review regulations for fracking gas in the country, it said on Thursday, following calls from industry to revisit the rules. Chemical giant Ineos and Continue Reading
Tokyo Gas Co, Japan’s largest gas utility and a major LNG player, and British energy supplier Centrica agreed on Tuesday to jointly purchase 2.6 million tonnes of LNG per year Continue Reading
Storage tanks already cool from decade-oil import Sempra Energy’s Cameron LNG export terminal is “very close” to startup and could be ready to begin producing LNG in the next few Continue Reading
Tests of the first shale well at Cuadrilla’s site in northwest England show a rich reservoir of high quality and recoverable gas, the British firm said on Wednesday, adding that Continue Reading
Russia’s gas giant Gazprom aims to further increase its 35-percent market share in Europe, amid higher natural gas demand and expected lower production at key western European natural gas producers, Continue Reading
It is the legally mandated purpose of a for-profit corporation to make money for its owners and to prioritize that goal above all else. So, it is no surprise that Continue Reading
The most extreme period of volatility in U.S. natural gas futures in nearly 10 years is set to a close as the winter weather turns warmer, but not before the Continue Reading
UK’s oil, gas, and chemicals group Ineos called on the UK government on Monday to either lift the seismicity limit on fracking from a currently “unworkable” and too-low ceiling, or Continue Reading
Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a liquefied natural gas (LNG) export facility Continue Reading
Singapore — China LNG demand is expected to rise further this year in line with its industrial and residential gas use, but the pace of that growth is set to Continue Reading
Several utilities on Thursday urged U.S. customers to cut back on power and gas consumption during a brutal freeze blanketing the eastern half of the country after homes and businesses Continue Reading
China is planning to apply the same technology used to detonate a nuclear bomb over Hiroshima during the second world war to access its massive shale gas reserves in Sichuan Continue Reading
Exxon has inked a preliminary agreement with Germany Uniper for future LNG supplies to a new import terminal in Wilhelmshaven, Reuters reports , citing the German company. The Wilhelmshaven project Continue Reading
The British Columbia project will boast unimpeded access to LNG customers in Asia. Contracts and subcontracts totaling more than 937 million Canadian dollars (CA$) (US $705.3 million) have been approved Continue Reading
Britain could safely raise the limit for tremors at gas fracking sites, two seismologists said on Tuesday. Fracking at Cuadrilla’s Preston New Road site in Lancashire, northwest England was halted Continue Reading
