U.S.
U.S. natural gas prices up 1% on higher demand, record LNG feedgas
U.S. natural gas futures edged up about 1% from a six-month low in the prior session on raised demand forecasts for this week, and as record amounts of gas flowed to LNG export plants.
Pembina Pipeline to buy Enbridge's JV interests for $2.30 B
Pembina Pipeline said it would buy Enbridge's interests in the Alliance Pipeline, Aux Sable and NRGreen joint ventures for $2.30 B.
U.S. natural gas prices fall 3% to near 6-month low on milder forecasts
U.S. natural gas futures fell about 3% to a fresh near six-month low on record output and forecasts for milder weather and lower heating demand than previously expected that should allow utilities to leave more gas in storage than usual through late December.
New pipelines will bring significant volumes of natural gas to new LNG export terminals
More than 20.0 Bcf/d of natural gas pipeline capacity is under construction, partly completed, or approved to deliver natural gas to five U.S. LNG export terminals that are currently under construction, according to the Natural Gas Pipeline Project Tracker.
bp challenges U.S. energy regulator's oversight of Venture Global LNG plant
bp has challenged U.S. energy regulators' approvals of a Venture Global LNG export facility, arguing the Federal Energy Regulatory Commission has failed to enforce its regulations.
New Renewable Fuel Standard volume targets facilitate renewable natural gas production
The U.S. Environmental Protection Agency announced a final rule that established biofuel volume requirements and standards for cellulosic biofuel for 2023–25 as part of the Renewable Fuel Standard program.
Two Japan energy companies seek U.S. approvals for Venture Global's CP2 LNG
Two Japanese energy companies, oil and gas producer Inpex Corp and power utility JERA, urged a U.S. energy regulator to give prompt approvals for Venture Global to begin construction on its CP2 LNG project in Louisiana.
Venezuela prods bp, Chevron to revive gas project near Trinidad, Guyana
Venezuela has begun contacting energy firms involved in an long-idled offshore gas project to push them to begin new exploration and operations near its maritime border with Guyana.
Tellurian Board appoints Daniel Belhumeur as President and Meredith Mouer as General Counsel and Chief Compliance Officer
Tellurian Inc. announced that following the appointment of Martin J. Houston as Chairman of the Board, the Board of Directors has named former General Counsel Daniel Belhumeur as President of Tellurian, and former Deputy General Counsel Meredith Mouer as General Counsel and Chief Compliance Officer of Tellurian.
U.S. LNG developer Tellurian ousts co-founder Souki as chairman
Tellurian ousted its chairman and co-founder Charif Souki as an executive officer, weeks after auditors raised doubts about the company's ability to cover future expenses.
Continental U.S. kicks off winter with most natural gas in storage since 2020
The continental United States entered the winter heating season with the most natural gas in storage since 2020, according to the U.S. Energy Information Administration.
U.S. natgas slides to 3-month low on mild weather, Golden Pass LNG delay
U.S. natural gas futures slid about 2% to a three-month low on forecasts for milder weather and lower heating demand as investors worried LNG exports would not grow much in 2024.
Asia-Europe LNG spread at widest level in almost a year
The Asia-Europe LNG spread has hit its widest level in about a year, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.
Venture Global LNG expects extended start-up at second plant
A Venture Global LNG export plant due to begin operating in 2024 will undergo a lengthy startup similar to its Calcasieu Pass LNG facility, with customers likely to receive their first cargoes in 2026 at the earliest.
U.S. natural gas prices edge up on colder forecasts, record LNG feedgas
U.S. natural gas futures edged up about 1% on forecasts for colder weather and higher heating demand next week than previously expected and as record amounts of gas flowed to U.S. LNG export plants.
Countries in the Middle East and North Africa supply about one-third of global LNG
Exporting countries in the Middle East and North Africa region supplied nearly one-third (29%) of global LNG exports in 2022, according to data from the International Group of Liquefied Natural Gas Importers.
Trinidad's Atlantic LNG restructuring to shrink Shell's stake, boost bp's
Shell's ownership in Trinidad and Tobago's Atlantic LNG facility will shrink, while bp and Trinidad's state-owned National Gas Co will increase their stakes in a restructuring agreement to be signed this week.
OMV and Cheniere sign long-term LNG supply agreement
OMV announced the signing of a long-term sale and purchase agreement with US-based company Cheniere Energy, Inc. covering the supply of up to 850,000 tpy of LNG beginning in late 2029.
U.S. natgas prices hold steady as surprise storage build offsets rising demand
U.S. natural gas futures were little changed as a surprise build in weekly storage and forecasts for less cold weather through mid-December than previously expected offset a drop in output over the past few days and forecasts for higher demand over the next two weeks.
Train 1 restarts after trip at Freeport LNG plant, Texas (U.S.)
Freeport LNG reported that during the operation of its liquefaction plant in Texas.
U.S. November LNG exports approach record levels amid higher output
U.S. LNG exports in November rose to the second highest monthly production level on record, 7.99 Mmt of the superchilled gas.
Venture Global seeks approval to start utilities systems at Calcasieu Pass LNG
Venture Global LNG sought permission from federal regulators to place utilities systems into service at its Calcasieu Pass export plant in Louisiana, in a filing with the U.S. Federal Energy Regulatory Commission.
Shell authorizes engineering, construction work on Manatee gas field
Shell PLC has authorized contractor McDermott International Ltd to start engineering work on its Manatee gas field development project off Trinidad and Tobago's east coast.
Cheniere inks natural gas supply deal with ARC Resources
Cheniere Energy has signed a natural gas supply deal with Canada-based ARC Resources as the U.S. LNG exporter ramps up its efforts to commercialize the expansion of its Sabine Pass facility.
EY partners with Aspen Technology to enhance clients’ sustainability, streamline manufacturing, and modernize utility grids
The EY organization announces an alliance between Aspen Technology, Inc. and Ernst & Young to enhance clients’ sustainability, streamline manufacturing, and modernize utility grids.
ABB to deliver integrated automation, electrical and digital solutions to Phase 1 of Rio Grande LNG
ABB has been awarded an order by Bechtel Energy Inc. to deliver integrated automation, electrical and digital solutions for Phase 1 of the Rio Grande LNG facility in Brownsville, Texas, a project developed by NextDecade Corporation. Bechtel Energy Inc. is undertaking construction of RGLNG Phase 1 under an engineering, procurement, and construction contract.
Delfin signs 15-year LNG supply agreement with Gunvor
Delfin Midstream Inc said it had entered into a long-term LNG supply agreement with global commodity trader Gunvor.
Federal regulator green-lights Freeport LNG's full operations
Freeport LNG received approval to return part of its export plant in Texas (U.S.) to full operation, the Federal Energy Regulatory Commission said.
Capital Power acquires two U.S. LNG-fired power plants for $1.1 B
Capital Power Corp. has entered into two separate definitive agreements with CSG Investments Inc., a subsidiary of Beal Financial Corp.
U.S. natural gas prices hold near 7-wk low on record output, ample storage
U.S. natural gas futures held near a 7-wk low on Tuesday on record output that should enable utilities to keep injecting gas into storage for longer than usual through late November.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
