(Oil Price)– U.S. LNG developer NextDecade Corporation has decided to invest $6.7 billion in the expansion of its Rio Grande LNG facility in Texas in another boost to America’s LNG export capacity in the coming years. NextDecade has just announced a positive final investment decision (FID) on Train 5 at Rio Grande LNG, closed financial transactions to fully fund Train 5 and
Natural Gas Inventories as of October 10, 2025 The EIA has released its natural gas inventory report, showing a net increase of 80 Bcf as of October 10, 2025. Working gas in storage was 3,721 Bcf as of Friday, October 10, 2025, according to EIA estimates. This represents a net increase of 80 Bcf from the previous week. Stocks were
(Investing)– Liquefied natural gas exporters in the U.S. have announced plans to more than double U.S. liquefaction capacity, adding an estimated 13.9 billion cubic feet per day (Bcf/d) by 2029, the U.S. Energy Information Administration said on Thursday. The EIA cited its Liquefaction Capacity File and trade press reports for the forecast, and added that the U.S. is already the
(Oil Price) – The world needs more investment in oil and gas as they will continue to account for a large part of the global energy mix in 2050, OPEC Secretary General Haitham Al Ghais said on Wednesday, reiterating the cartel’s view that investment in new supply will be needed in the foreseeable future. Primary energy demand will jump by 23%
(Oil and Gas 360) – Energy Advisors released its 3Q A&D Special Report as a continuation of our thought leadership efforts. According to Brian Lidsky, Director of Energy Advisors, “following a volatile 2Q for oil & gas prices, 3Q stabilized with spot oil up 2% to $65.78 and spot gas dipping 2% to $3.03. P/E selling slowed to just 15% of deal value,
(World Oil) – A looming surge in liquefied natural gas supply through the end of the decade is poised to create demand that won’t go away, said an ADNOC Gas executive. Prices of the super-chilled fuel are widely expected to drop as a number of LNG projects go online in the coming years, including Abu Dhabi National Oil Co.’s plant at
Natural Gas Inventories as of October 3, 2025 The EIA has released its natural gas inventory report, showing a net increase of 80 Bcf as of October 3, 2025. Working gas in storage was 3,641 Bcf as of Friday, October 3, 2025, according to EIA estimates. This represents a net increase of 80 Bcf from the previous week. Stocks were
(World Oil) – Shell’s LNG Canada is currently on track to load its first liquefied natural gas cargo from the facility’s second unit as soon as this week as the project continues to ramp up in the next month, according to people familiar with the matter. The unit, known as Train 2, began activities to start on Tuesday, according to reports.
(Oil & Gas 360) – More In The World Seeing Opportunity To Do/Be/Have Better Needs Much More Oil & Natural Gas, The Best When-Needed/Where-Needed Energy Sources. Providing-Ingredients expectations depressed, especially oil & nat. gas, to fuel more prosperity & healthier living, has us heading to much more needed and Wise Investing of Free Markets funding a Drilling boom to fuel a billion
(BOE Report)- Led LNG Canada has begun the process of starting up its second 6.5 million tonnes per annum (mtpa) liquefied natural gas processing unit known as Train 2 in Kitimat, British Columbia, a company spokesperson told Reuters on Thursday. The startup of Train 2, however, is happening as the company continues to experience technical problems at Train 1, according
(World Oil)– EnerMech has won a significant contract to provide subsea pre-commissioning and specialist services for a major offshore gas development in Australia’s East Browse basin. The work will support the second phase of the project’s installation campaign, scheduled between October 2025 and April 2026. The contract scope includes riser and umbilical services such as flooding, top-up, and leak testing
(BOE Report)– With the advice and technical support of three major pipeline companies, Alberta’s government, acting as proponent, will develop and submit a formal application for a project of national significance to the Federal Major Projects Office under the Building Canada Act. Indigenous communities in Alberta and British Columbia are being engaged from Day 1. Indigenous co-ownership, partnership and perspectives
