The market for LNG is getting tighter
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
US gas storage expectations dip on warmer temperatures
A survey of analysts expects the US Energy Information Administration to announce a storage injection of 92 Bcf for last week, which is once again below the five-year average and Continue Reading
ExxonMobil sees Russian LNG plant’s capacity at 6.2 million T/year: Ifax
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
Proposed permit fee increase in Pennsylvania not expected to slow drilling in state
Industry and state leaders agreed that a plan by Pennsylvania regulators to more than double permit fees for unconventional wells would likely not put a damper on producers’ plans to Continue Reading
US Gas Caps Biggest May Gain Since 2010 as Deficit Sticks
U.S. natural gas futures are having their best May rally since 2010 as hot weather boosts demand for the power plant fuel, slowing efforts to refill depleted inventories. Prices rose Continue Reading
Russia Just Won Big In The European Gas War
There’s been a lot of talk on both sides of the Atlantic about the U.S. pivot and efforts at locking in natural as market share in Europe. Much of this Continue Reading
Shale gas no panacea, U.N. report finds
Shale natural gas serves as a bridge to a low-carbon economy, but it’s still a fossil fuel that could contribute to climate risks, a U.N. report round. The U.S. Energy Continue Reading
Possibility opens for LNG exports from Canada
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
Europe tries to correct Gazprom’s behavior
Russian energy company Gazprom is obliged to address concerns about the price of natural gas for some regional markets, the European government said. The European Commission adopted a measure that Continue Reading
China Set To Import More LNG From U.S.
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 Moves Ahead With Corpus Christi LNG Expansion
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
EU’s energy chief says ‘time has come’ for new Russia, Ukraine gas talks
The European Union’s energy chief said on Wednesday he had reached out to Russia and Ukraine to relaunch EU-mediated talks over their gas dispute and continued gas transits via Ukraine Continue Reading
BP secures 2 mil mt/year of LNG from Louisiana’s Venture Global Calcasieu Pass
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
LNG Remains In Tight Supply In This Key Market
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
U.S. LNG export reshaping global markets, government finds
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
Canada gas pipeline build to start in 2019, pending LNG plant FID
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
Industry casts doubt over future of long-term LNG supply contracts
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
Can The U.S. Avoid The LNG Export Trap?
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
Western Canada sees chance to one-up US Gulf Coast in LNG export efforts
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
Indiana natural gas plant repowering marks shift from coal to gas, renewables
The startup of Indianapolis Power & Light Company’s Eagle Valley combined-cycle natural gas plant marks a shift toward gas as the utility’s largest power generation source, replacing coal, the company Continue Reading
US LNG still making no dent on European natural gas markets
US LNG is still a rare visitor to European shores despite low LNG stocks — especially in northwest Europe — and high European hub prices. Only three cargoes to UK, Continue Reading
Europe Buys More Russian Gas Despite Strained Relations
The West-Russia relations have reached a new low since the Cold War amid the spy poisoning scandal in the UK, allegations of Russian meddling in elections, and fresh U.S. sanctions Continue Reading
The Permian Can Help Satisfy China’s LNG Appetite
Global liquefied natural gas (LNG) demand could exceed available supply by up to 150 million tons per annum (mtpa) by 2025, and planned LNG projects outside North America could supply Continue Reading
Cheniere to decide on Corpus Christi 3 LNG export terminal within weeks
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Friday it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi Continue Reading
Exxon Proceeds With Russian LNG Project Despite Sanctions
Despite the fact that ExxonMobil has been forced to withdraw from some joint projects with Russian oil giant Rosneft due to the sanctions on Russia, the U.S. supermajor is proceeding Continue Reading
Nord Stream 2, other disputes fail to dent Russian natural gas flows to EU
Russia’s Gazprom continues to supply high volumes of natural gas to the EU despite long-running disputes over pipelines, competition and Ukraine, the latest S&P Global Platts guide to EU-Russian natural Continue Reading
Continental books room on shale gas network
More shale natural gas from basins in Oklahoma can find its way to the market with increased network access, shale producer Continental Resources said. Continental secured a transportation agreement for Continue Reading
Gazprom Continues To Ship Gas To Europe Like It’s Winter
Gazprom is currently shipping as much gas to Europe as it typically does in winter months, and expects demand this summer to be close to winter levels, Alexander Medvedev, Deputy Continue Reading
UK’s Tullow to halt UK natural gas production in Q3 as fields reach life-end
The UK’s Tullow Oil said Wednesday it would cease all natural gas output from its assets in the UK Southern North Sea in the third quarter of this year in Continue Reading
UK Needs A Fracked Well A Day To Reduce Gas Imports
The UK will need to have one well per day fracked in the period between 2021 and 2035 if it wants to reduce its natural gas imports by 50 percent, Continue Reading
Pennsylvania’s natural gas production continues to increase
Pennsylvania’s marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf/d) in 2017, 3% higher than the 2016 level. This production is largely from shale plays Continue Reading
Maritime shippers need more LNG
The maritime fleet industry needs to use more liquefied natural gas as a fuel in order to lower its emissions, a Finnish company said Friday. Wärtsilä Corp., a Finnish company Continue Reading
Cheniere advances financing plan to fund third unit at Texas LNG export terminal
Cheniere Energy said Friday it had engaged more than two dozen banks and financial institutions to help it finance a third liquefaction train at its Corpus Christi LNG export facility, Continue Reading
German government confirms plan to add LNG infrastructure
Germany’s new government plans to add LNG infrastructure with the planned import terminal at Brunsbuttel the most likely project as the cleaner fuel will become key to reducing shipping emissions, Continue Reading
To frack or not to frack? Australia’s natural gas dilemma: Russell
The decision by the government of Australia’s Northern Territory government to allow the resumption of fracking for natural gas will do little to immediately solve the country’s energy woes, but Continue Reading
Freeport LNG confirms Train 1 start seen in September 2019, cites flooding of yards
Freeport LNG has confirmed that its engineering, procurement and construction contractor has pushed back the expected commercial start date for the export terminal’s first train to September 1, 2019, a Continue Reading
China shale gas progressing, but work remains
China’s shale natural gas production is accelerating fast, costs are moving lower, but the situation is still not comparable to the U.S. boom, analysis finds. Consultant group Wood Mackenzie expects Continue Reading
China To Double Shale Gas Output
In a note released yesterday and cited by Reuters, Wood Mac said China will add almost 700 new wells by 2020 at three large fields, two of them operated by Continue Reading
U.S. natural gas production and consumption increase in nearly all AEO2018 cases
EIA’s Annual Energy Outlook 2018 (AEO2018) projects that U.S. dry natural gas production will increase through 2050 across a wide variety of alternative assumptions about the future. In the Reference Continue Reading
A Natural Gas Giant Like No Other
A Houston-based LNG company is hoping to chart a course that hasn’t really been tried before: owning upstream natural gas assets, building the pipelines to get the gas to port, Continue Reading
West Africa emerging as LNG player
British energy company BP is moving ahead with development of a liquefied natural project off the West African coast with early design work, a contractor said. French services company TechnipFMC Continue Reading
First Commercial LNG Cargo From US East Coast Hits the Seas
The first export of natural gas from the U.S. East Coast has set sail. Dominion Energy Inc.’s Cove Point terminal in Maryland shipped its first commercial cargo of liquefied natural Continue Reading
Texas LNG Signs Non-Binding Deals With Chinese, Southeast Asian Buyers
Texas LNG has signed eight non-binding deals with potential buyers of liquefied natural gas (LNG) in China, southeast Asia and Europe, the company’s chief executive said on Wednesday. They include Continue Reading
What Will It Take to Keep Up With Shale Gas Boom? $170 Billion
Bottlenecks on the U.S. natural gas superhighway are starting to stack up, raising concerns about whether the infrastructure can be built fast enough to meet surging supplies. Gas output will Continue Reading
High U.S. natgas storage draws raise alarm for coming seasons
U.S. natural gas prices could rise in 2018 after utilities pulled the second biggest amount of gas from storage on record over the winter, even though the season was slightly Continue Reading
Is This Natural Gas Major About To Be Taken Over?
As Australia’s second largest independent gas producer continues to recover from years of financial doldrums, posting an impressive 433 percent surge in underlying profit in 2017 over the previous year. Continue Reading
NYMEX May natural gas futures down to $2.677/MMBtu on bearish outlook
The NYMEX May natural gas futures was down in morning trading on Thursday, as a mild weather outlook, an expectation for falling demand and continued strong production have put downward Continue Reading
Cuadrilla completes first shale well in the United Kingdom
The first-ever hydraulic fracturing effort in the United Kingdom is set for the third quarter following well completion in Lancashire, Cuadrilla Resources said. Cuadrilla said Tuesday it completed the first-ever Continue Reading
China cuts resources tax on shale gas production
China has cut resources tax on shale gas production by 30 percent from April 1, the Ministry of Finance said on Tuesday, as the world’s largest energy consumer aims to Continue Reading
China’s Sinopec To Significantly Boost Natural Gas Capacity Supply
In an effort to increase the share of natural gas in its energy supply, China’s state energy company Sinopec plans to nearly triple receiving capacity for liquefied natural gas (LNG) Continue Reading