LNG

News
March 28, 2022
Despite having shale-gas deposits to rival those in Appalachia, Argentina's domestic gas production sector has suffered from years of underinvestment that has left it unable to meet domestic demand, never mind the needs of the export market.

News
March 25, 2022
API President and CEO Mike Sommers said the association welcomes the announcement establishing a joint task force to help increase U.S. LNG exports to Europe and reduce their dependency on Russian natural gas.

News
March 25, 2022
The U.S. and the European Union will push to boost supplies of LNG to European countries by the end of 2022 in a bid to begin to displace some Russian gas, a political framework that now leaves companies to sort out the details.

News
March 22, 2022
TotalEnergies SE said it will stop buying Russian crude and diesel by the end of the year, becoming the latest energy giant to shun the country’s oil in protest against the invasion of Ukraine.

News
March 21, 2022
The EU should be buying Liquified Natural Gas from friendly countries like America, Australia, and other western democracies to meet their firm generation needs, Texas Railroad Commissioner Wayne Christian says.

News
March 16, 2022
American Petroleum Institute President and CEO Mike Sommers applauded the U.S. Department of Energy’s decision to approve two new liquified natural gas export permits.

News
March 10, 2022
Europeans are very lucky that it was a warm winter, panelists said during CERAWeek by S&P Global energy conference, referring to an ongoing natural gas crisis that start long before Russia invaded Ukraine.

News
February 10, 2022
Black & Veatch performed the pre-FEED study and now proceeds with full FEED to deliver the proposed Cedar LNG Project that will produce low carbon, cost-effective LNG for the global market.

News
February 10, 2022
Instead of supporting increased natural gas production and the construction of natural gas pipelines, processing stations, power plants and other infrastructure, some senators’ proposed solution is to go after U.S. LNG exports.

News
February 07, 2022
LNG imports will not be able to meet shortfall and the additional supply levers required if Russian gas delivery disruption spreads beyond Ukraine to all European exports.
News
January 25, 2022
Tanzania has selected U.S. law firm Baker Botts LLP as an adviser to help conclude talks with international oil companies over a long-delayed $30 billion liquefied natural gas terminal.

News
January 24, 2022
The European Commission has been told by a key expert group that planned adjustments to its green rulebook risk raising greenhouse gas emissions and undermining the bloc’s reputation as a bastion for environmentally friendly finance.

News
January 24, 2022
Eni SpA’s Norwegian joint venture, Var Energi AS, will apply for an initial public offering in Oslo on a bet there’s still investor demand for shares in oil and gas companies in Europe.

News
January 21, 2022
Oil and gas drilling is big business once again, if the leap in demand for services from Baker Hughes Co., the world’s No. 2 oilfield contractor, is any gauge.

News
January 20, 2022
Vistra Corp. said two units of Energy Transfer LP are threatening to cut off natural gas supplies to power generation facilities it owns in Texas because of a payment dispute over last year’s catastrophic winter storm.
News
January 19, 2022
Ghana’s state-owned oil company is progressing with plans to sell liquefied natural gas throughout West Africa after shipments of the fuel begin to flow to an import terminal this year.

News
January 14, 2022
Higher natural gas prices and lower shipping rates are increasing the draw of U.S. liquefied natural gas cargoes to Europe over more traditional winter markets in Asia.
News
January 04, 2022
Electricity prices in New England jumped on Tuesday as a frigid start to the day spurred demand when the cost of natural gas used to fuel power plants soared.
News
January 04, 2022
The U.S. became the world’s No. 1 exporter of liquefied natural gas for the first time ever last month, as deliveries surged to energy-starved Europe.

News
January 29, 2021
While progress has been made in recent years on the commercial framework for the Tanzania LNG project, overall project economics have not yet improved sufficiently to justify keeping it on the balance sheet, Equinor said in a statement.

News
January 22, 2021
“By 2030, we still need to have capacity of approximately 650 to 700 million tons of LNG in place,” Chief Executive Officer Lorenzo Simonelli told analysts and investors Thursday on a conference call. “You’re looking at 50 to 100 million tons FIDing over the course of the next three to four years.”