U.S.
U.S. natgas falls on bets for bigger-than-expected storage build
U.S. natural gas futures fell and were bound for their first daily decline in four days on expectations of a bigger-than-expected injection into gas inventories.
Biden administration grants Mountain Valley Pipeline permit
The Biden administration has approved a permit to allow the Mountain Valley natural gas pipeline to run through the Jefferson National Forest straddling Virginia and West Virginia.
Cheniere strikes LNG supply deal with Korea Southern Power
Cheniere Energy Inc said it has entered a long-term deal to supply LNG to Korea Southern Power Co Ltd.
U.S. permit crackdown poses new hurdles for proposed LNG projects
The U.S. Department of Energy's refusal to grant export permit extensions to LNG developers that fail to meet a construction deadline poses a new hurdle for greenfield plants.
Carbon capture and hydrogen are the main tools in Biden’s power plan
The Biden administration unveiled its plan to slash greenhouse gas emissions from the U.S. power sector, part of its broader effort to decarbonize the economy to fight climate change.
AXPC releases statement on EPA’s rule proposal on natural gas power plants
EPA released a new proposal that requires very aggressive emissions reductions and imposes requirements not only on new power plants, but also existing ones – making it significantly harder to rework an existing power plant and deterring investment in natural gas generating facilities.
Texas Waha natural gas prices turn negative on low spring demand
Spot natural gas prices at the Waha hub in the Permian Shale in West Texas fell into negative territory as pipeline maintenance prevented some gas from leaving the basin and mild spring weather reduced demand for the fuel.
U.S. natural gas futures ease to 3-week low on record output and lower LNG exports
U.S. natural gas futures eased about 1% to a fresh three-week low on output and after the amount of gas flowing to U.S. LNG export plants declined due to spring maintenance.
New Fortress Energy could install Fast LNG units onshore at Altamira, Mexico
U.S. energy company New Fortress Energy Inc said it could install the second and third of its Fast LNG production units onshore at Altamira in Mexico in the second half of 2024.
Global gas markets rebalancing and remains tight in 2023
Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe.
New York State bans natural gas in some new construction
New York has become the first U.S. state to pass legislation banning the use of natural gas for heating and cooking in some new buildings, a plan designed to reduce carbon emissions but opposed by industry groups as excessive and costly.
Cheniere raises 2023 core earnings forecast after strong quarter
Top U.S. LNG exporter Cheniere Energy Inc raised its 2023 core earnings forecast after reporting a quarterly profit compared with a year-ago loss, sending its shares up about 1.8% in premarket trading.
Equitrans may still complete Mountain Valley natural gas pipeline by end of 2023
U.S. energy company Equitrans Midstream Corp said it expects federal agencies to issue the required authorizations for its $6.6-B Mountain Valley natural gas pipeline from West Virginia to Virginia by the early summer.
Wood and CMG work to advance carbon capture storage solutions
Wood has signed a Memorandum of Understanding with Computer Modelling Group Ltd. specializing in CCS projects.
US natgas futures slide 2% on record output due to milder weather
U.S. natural gas futures slid about 2% on record output and forecasts for milder weather and less heating demand next week than previously expected.
U.S. LNG exports go full steam ahead, sales to Latin America rise
U.S. producers of LNG exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America.
U.S. natural gas production and LNG exports will likely grow through 2050 in AEO2023
U.S. EIA projects U.S. natural gas production to increase 15% and LNG exports to increase 152% between 2022 and 2050.
Xcel Energy awards Worley with hydrogen blending study in the US
Worley alongside its consulting business, Advisian, has been chosen to undertake a detailed assessment of Xcel Energy’s natural gas system in the US.
Green hydrogen startup Ohmium raises $250 MM in latest funding round
Electrolyzer maker Ohmium said it had raised $250 MM in a fresh round of funding led by private equity firm TPG Inc's Rise Climate fund, to expand its manufacturing capacity for green hydrogen.
Glenfarne set to decide to build Texas LNG export plant in 2023
U.S. energy company Glenfarne Group LLC said it expects to make a final investment decision in 2023 to build its proposed Texas LNG export plant in Brownsville with first liquefied natural gas production expected in 2027.
Tellurian receives US approval for Driftwood gas pipelines
Liquefied natural gas developer Tellurian Inc said the U.S. energy regulator had authorized Line 200 and Line 300 of its $1.4-B Driftwood natural gas transmission pipeline project.
US Energy Dept clamps down on LNG export project extensions
The U.S. Department of Energy announced it will change how it approves requests by companies to push back start dates for liquefied natural gas export projects to get a better picture of true demand for the fuel.
Biden EPA to issue power plant rules that lean on carbon capture
The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions as President Joe Biden's administration enacts new rules to help decarbonize the power sector in 12 years.
Delfin to sell LNG to Hartree from proposed Louisiana export plant
U.S. liquefied natural gas company Delfin LNG said on Monday it had signed a binding 20-year sale and purchase agreement with a unit of energy and commodities firm Hartree Partners LP.
US settles air pollution cases with three natural gas processors
The Biden administration said it had agreed on separate settlements worth about $25 MM in total with three natural gas processors to reduce air pollution across 12 states, including in communities disproportionately hit by health-harming emissions.
Japan's Mitsui buys U.S. gas asset in 'pragmatic solution' for energy transition
Japan's Mitsui & Co Ltd has bought a 92% stake in an unconventional gas asset in Texas and plans to promote its gas business as a "pragmatic solution" for the energy transition.
Innovation accelerates drive to sustainability
Climate change poses a very real threat to life as we know it, and we must all work together if we hope to address it. For asset-intensive industries, one of the most powerful steps in addressing that threat is the energy transition.
U.S. natgas futures drop 5% on forecasts for mild weather
U.S. natural gas futures fell about 5% on Wednesday from a one-month high in the prior session on forecasts confirming the weather will remain mostly mild and heating demand low for the next two weeks.
Svanehøj acquires US-based LNG specialist
Marine pump specialist Svanehøj continues to expand its service solution business by taking over California-based Complete Cryogenic Services, a specialist in service and overhaul of submerged pumps on LNG tankers.
U.S. natural gas retreats 2% in run-up to storage report
U.S. natural gas futures retreated more than 2% on forecasts for less demand for the fuel next week in the run-up to a federal report expected to show nearly a normal injection into stockpiles.
- 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
- 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
- Shell exits China power market businesses, renews focus on natural gas
