U.S.
U.S. natgas prices edge up 1% on rising feedgas to Freeport LNG in Texas (U.S.)
U.S. natural gas futures edged up around 1% as the amount of gas flowing to the country's LNG export plants increases after Freeport LNG's facility in Texas returned to near full service over the past few days.
Chevron's Wheatstone LNG facility faced turbine trip
A turbine at Chevron's Wheatstone LNG facility tripped, causing one of the trains, which are units that LNG to operate at 50% capacity.
Freeport LNG feedgas intake cut for fifth day
Freeport LNG's natural gas intake at its plant in Texas fell to zero, marking a fifth straight day of operating well below capacity according to LSEG data and suggesting a persistent outage at the plant.
Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR
Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
The United States exported more LNG than any other country in the first half of 2023
The United States exported more LNG than any other country in the first half of 2023 (1H23), according to data from CEDIGAZ.
Freeport LNG gas intake remains well below capacity, at about 695 mcf
Freeport LNG's natural gas intake remained well below capacity for a fourth day, at about 695 million cubic feet.
Feedgas flows to U.S. Freeport LNG drop sharply
Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and were still down for the third day in a row.
Tellurian drops equity-ownership condition for Driftwood LNG project
Tellurian Inc will sell LNG supplies to non-equity holders to bring its long-delayed Driftwood LNG project to fruition.
Exxon eyes China LNG downstream opportunities
Energy major ExxonMobil sees China as a strong long-term growth market for LNG despite a recent slowdown in demand there and is looking at potential downstream opportunities in the country.
Japan's Inpex interested in buying U.S. LNG linked to Henry Hub prices
Inpex, Japan's top oil and gas producer, is interested in buying LNG from the United States linked to the Henry Hub prices.
Tellurian and Baker Hughes announce agreement for Driftwood LNG Phase 1 liquefaction equipment
Tellurian Inc. and Baker Hughes announced Wednesday an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.
Venture Global and Baker Hughes announce expanded master equipment supply agreement
Venture Global LNG announced its long-term expansion plan to increase production from 70 mtpa to more than 100 mtpa of nameplate LNG export capacity.
MET Group signs energy supply deal with Commonwealth LNG
Switzerland-based energy trader MET Group said it has signed a preliminary agreement with Commonwealth LNG to buy LNG from the U.S. company's facility currently under development in Cameron, Louisiana.
Technip Energies launches SnapLNG by T.EN, a solution for low-carbon and accelerated time to market LNG production
Technip Energies presents SnapLNG by T.EN, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production and accelerated time to market with unparalleled certainty and plant reliability.
Black & Veatch expects floating LNG capacity to more than quadruple by 2030
U.S.-based engineering and construction group Black & Veatch said it expects global floating LNG capacity to increase more than four-fold to 46.4 million mtpa by 2030, as they have become competitive with fixed terminals for smaller fields.
Aliso Canyon to store more gas to prevent winter price spikes
California's utilities regulator raised the inventory level of Aliso Canyon natural gas storage to prevent price spikes seen last winter, while seeking to wean the state off the facility that in 2015 caused the biggest gas leak in U.S. history.
U.S. natural gas prices up 2% to 3-week high on output decline, hot forecasts
U.S. natural gas futures climbed about 2% to a three-week high on Friday on a drop in daily output and forecasts for continued hot weather.
Three countries began importing LNG this year, and more will follow
Global LNG import capacity is set to expand by 16%, or 23 Bcf/d, by the end of 2024 compared with 2022.
U.S. LNG projects win higher processing fees as interest rates climb
Long-term buyers of U.S. LNG are willingly agreeing to higher liquefaction fees at newer export projects.
Prospect of strong El Niño weighs on U.S. gas prices
Rapidly forming El Niño conditions over the central and eastern Pacific Ocean have increased the probability of a strong episode this winter that would likely raise temperatures and cut gas consumption in the United States.
Sempra Infrastructure to develop carbon-neutral gas production and LNG supply chain
Sempra Infrastructure, a subsidiary of Sempra, announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company., Ltd. and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.
Norway's Equinor acquires a stake in U.S. Bayou Bend CCS project
Norwegian oil and gas company Equinor said it has acquired a 25% stake in Bayou Bend CCS LLC, a U.S. project to capture and store CO2 emissions along the Gulf Coast in southeast Texas.
U.S. natural gas prices slide 2% ahead of demand destroying Florida hurricane
U.S. natural gas futures slid about 2% with a major, demand-destroying hurricane expected to hit Florida on Wednesday and forecasts for less hot weather and lower gas use next week than previously expected.
bp urges more gas and oil investment while speeding energy transition
Global oil major bp said the world must invest in the production of gas and oil to avoid sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.
U.S. power system gets gasier, but not much cleaner, in 2023
U.S. power producers increased output of electricity from natural gas by more than from clean power sources in the opening eight months of 2023, as electricity firms grappled with low wind speeds and heavy demand from power-hungry air conditioners.
Cheniere Corpus Christi, Texas, LNG export plant gas flows reduced
The amount of natural gas flowing to U.S. energy company Cheniere Energy's Corpus Christi LNG export plant in Texas was on track to decline, a day after Tropical Storm Harold hit South Texas.
Energy Transfer seeks new LNG export license after extension denied
Pipeline operator Energy Transfer requested a new and expedited export license for its proposed Lake Charles, Louisiana, LNG plant, according to a filing with the U.S. Department of Energy.
China LNG buyers expand trading after adding more US, Qatari contracts
China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.
Asian buyers may seek U.S. LNG if Australia worker disputes worsen
Major Asian buyers of LNG could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate.
Cheniere Energy strikes LNG supply deal with BASF
Cheniere Energy said it would supply 800,000 tpy of LNG to Germany's BASF.
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Credit Agricole says it will not fund two major LNG projects
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
