LNG

Source: Reuters

Pembina Pipeline to buy 50% stake in Canada’s proposed Cedar LNG

Reuters


Pembina Pipeline Corp said on Tuesday it would buy a 50% stake in Canada’s proposed Cedar LNG Project to develop the floating liquefied natural gas facility in British Columbia in partnership with indigenous group, The Haisla Nation.

Pembina expects …

Source: Reuters

Enbridge, Fluxys, EIG bid for Brazil’s top import pipeline, sources say

Reuters


RIO DE JANEIRO/SAO PAULO – A consortium of Canada’s Enbridge, Belgium’s Fluxys and U.S. private equity firm EIG Global Energy Partners has submitted a non-binding offer for Brazil’s largest natural gas import pipeline, three people with knowledge of the …

Source: Reuters

Shell exits Philippine gas field in $460 million deal

Reuters


LONDON -Royal Dutch Shell has agreed to sell its stake in an offshore gas field in the Philippines for $460 million as part of its strategy to narrow its oil and gas operations.

Shell sold its 45% stake in …

Source: Reuters

Germany confirms U.S. waiver on some Nord Stream 2 sanctions

Reuters


BERLIN -The United States is waiving sanctions on the company behind Russia’s Nord Stream 2 pipeline to Europe and its chief executive, Germany said on Wednesday, giving Berlin and Washington three more months to resolve a long-standing row.

The

Source: Reuters

LNG cargoes diverted from India as COVID crisis dampens demand -sources

Reuters


Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday.

Six LNG tankers diverted away from India since April 20, …

May 3, 2021 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, LNG
Source: Reuters

Australia shies from backing net zero by 2050 ahead of Biden climate summit

Reuters


CANBERRA – Australian Prime Minister Scott Morrison stopped short of endorsing a 2050 target for net zero greenhouse gas emissions ahead of U.S. President Joe Biden’s climate summit this week.

In a speech on Monday, he said only that …

Source: Reuters

Clean crude? Oil firms use offsets to claim green barrels

Reuters


In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.

While the two-million-barrel cargo to India was destined to produce more than

Source: Reuters

U.S. LNG export bonanza reshapes energy map in Asia

Reuters


TOKYO – U.S. exports of liquefied natural gas (LNG) to China, Japan and South Korea, the biggest importers of the fuel, have surged to record highs in recent months as the heavily industrialised region recovers from the COVID-19 pandemic, …

April 2, 2021 - 11:00 am Closing Bell Story‎, Energy News, LNG
Source: Reuters

Suez ship congestion could delay 10 LNG deliveries to Europe, analysts say

Reuters


Dislodging a container ship blocking the Suez Canal, one the world’s busiest trade routes, may delay delivery to Europe of around 1 million tonnes of liquefied natural gas (LNG) on 10 vessels if the blockage lasts for two weeks, …

Source: Reuters

U.S.’s Blinken warned Germany’s Maas about Nord Stream 2 sanctions

Reuters


BRUSSELS  – U.S. Secretary of State Antony Blinken said on Wednesday he had told his German counterpart that sanctions against the Nord Stream 2 natural gas pipeline were a real possibility and there was “no ambiguity” in American opposition …

Source: Reuters

U.S. LNG exports on track to hit record high in March

Reuters


U.S. liquefied natural gas (LNG) exports are on track to hit record highs in March as tumbling shipping rates and lower prices than in Europe and Asia continue to attract buyers.

The amount of gas flowing to U.S. LNG …

Source: Reuters

Global LNG demand expected to almost double by 2040: Shell

Reuters


LONDON – Global liquefied natural gas (LNG) demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell said in its annual LNG market outlook.

Demand was 360 million tonnes last year, up slightly from …

February 25, 2021 - 10:00 am Carbon Capture, Closing Bell Story‎, Energy News, LNG
Source: Reuters

Cheniere expects gradual rise in LNG demand with COVID-19 vaccine rollout

Reuters


Cheniere Energy Inc raised its full-year adjusted core earnings forecast on Wednesday, expecting incremental growth in demand for liquefied natural gas as COVID-19 vaccinations boost economic activity that had slumped due the health crisis.

Lockdown measures implemented to curb …

February 24, 2021 - 10:30 am Closing Bell Story‎, Energy News, LNG
Source: Reuters

Column: Big freeze exposes Asia’s underlying energy crisis

Reuters


LONDON – Northeast Asia has been hit by a midwinter energy crisis as an extended period of much lower than normal temperatures across the region has strained supplies of coal, gas and electricity to breaking point.

China has been …

Source: Yahoo.com

Cheniere Mourns Passing of Board Member Michele Evans

Oil and Gas 360


Cheniere Energy, Inc. President and CEO Jack Fusco issued the following statement on the passing of Cheniere board member Michele Evans:

“All of us at Cheniere are profoundly saddened at the passing of board member Michele …

January 4, 2021 - 12:00 pm Closing Bell Story‎, Energy News, LNG, People
Source: Reuters

China’s Sinopec plans record LNG imports to battle cold snap

Reuters


SINGAPORE – Sinopec Corp pledged on Tuesday to maximise domestic gas productions and raise imports of liquefied natural gas (LNG) to record rates as a cold spell hitting large parts of the country this week lifts demand for the …

December 29, 2020 - 11:00 am China, Closing Bell Story‎, Energy News, LNG
LNG Prices Soar To Six-Year High

LNG Prices Soar To Six-Year High

Oil Price

Spot prices for liquefied natural gas (LNG) delivery in Asia jumped to a six-year high this week as lower-than-normal temperatures in key LNG importers and continued growth in China’s industrial activity boost demand.

Spot LNG prices for January …

December 18, 2020 - 3:00 pm Closing Bell Story‎, International, LNG
Source: nasdaq

Cheniere Energy Partners strikes deal to sell 30 LNG cargoes in 2021

Reuters


Cheniere Energy Partners announced a deal on Wednesday for its unit to sell up to 30 cargoes of Liquefied Natural Gas to a unit of Cheniere Energy Inc..

Sabine Pass Liquefaction, a unit of Cheniere Energy Partners (CEP), will …

December 10, 2020 - 12:00 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Australia’s LNG exports at nine-month high – even with the 13 billion floating LNG venture offline

Australia’s LNG exports at nine-month high – even with the 13 billion floating LNG venture offline

Dutch Royal Shell

…the Shell-operated…Prelude floating LNG venture remaining off line. The plant offshore Western Australia is unlikely to restart before next year, and has been off line since February.

Australia’s LNG exports rose to a nine-month high of 7.04mn …

December 4, 2020 - 4:54 am International, LNG
Source: Sentinel Midstream

Sentinel Midstream’s “Texas GulfLink” Deepwater Port Achieves Major Milestone

Sentinel Midstream’s “Texas GulfLink” Deepwater Port Achieves Major Milestone P…

November 30, 2020 - 4:39 am LNG, Midstream, Natural Gas News, Offshore, Press Releases
Courtesy of Qatargas

Qatargas delivers first Q-Max cargo to Tianjin LNG

Offshore Energy

Qatargas Operating Company Limited (Qatargas) has completed the delivery of the first cargo of liquefied natural gas (LNG) on a Q-Max LNG carrier to the Tianjin LNG receiving terminal in China.

The cargo aboard the Qatargas-chartered LNG vessel, …

November 18, 2020 - 8:22 am International, LNG
The head of the Peruvian Congress, Manuel Merino, waves after being sworn in as interim President in Lima on November 10, 2020 day after the Congress voted to impeach and oust President Martin Vizcarra over corruption allegations. - Merino, 59, was sworn in at a special session of Congress on Tuesday, becoming Peru's third president since 2016, reflecting the institutional fragility which has characterized the South American country. Under the constitution, he will take over the presidential functions until the end of the current term in July 2021. (Photo by Luka GONZALES / AFP) (Photo by LUKA GONZALES/AFP via Getty Images)

Peru’s interim president quits, successor unclear – What does civil unrest mean for the energy sector?

Argus

Lima, 15 November (Argus) — Peru’s interim president Manuel Merino resigned today just five days after assuming office, deepening the copper and LNG-exporting country’s constitutional crisis.

The 130-member unicameral congress will now pick a new president, the third in …

November 15, 2020 - 1:29 pm Crude Oil News, International, LNG, Political News
Source: Reuters

Mexico president offers Sempra LNG export permit on condition

Reuters


MEXICO CITY  – U.S.-based Sempra Energy will be granted an export permit for a liquefied natural gas facility in northwest Mexico if the company helps address excess supply in the area, Mexican President Andres Manuel Lopez Obrador said on …

November 13, 2020 - 3:00 pm Closing Bell Story‎, Energy News, LNG, Mexico, Natural Gas News
Source: Reuters

Sour China-Australia ties hit talks over LNG deal, says Woodside

Reuters


MELBOURNE/SYDNEY – Australia’s Woodside Petroleum shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese firms because of the diplomatic row between Australia and China, the company’s chief executive said on Thursday.…

November 12, 2020 - 11:00 am Closing Bell Story‎, Energy News, LNG
GasLog Ltd. Reports Financial Results for the Three-Month Period Ended September 30, 2020

GasLog Ltd. Reports Financial Results for the Three-Month Period Ended September 30, 2020

Piraeus, Greece, Nov. 10, 2020 (GLOBE NEWSWIRE) — GasLog Ltd. and its subsidiaries (…

November 10, 2020 - 5:04 am Earnings, Finance, International, LNG, Press Releases
Cheniere Reports Third Quarter 2020 Results and Provides Guidance Update

Cheniere Reports Third Quarter 2020 Results and Provides Guidance Update

Reconfirms 2020 Guidance and Provides 2021 Guidance Increases Run Rate Produc…

November 6, 2020 - 7:29 am Earnings, Finance, LNG, Natural Gas News, Press Releases
First Japan-built LNG-fueled PCC with FGSS Supplied by Mitsubishi Shipbuilding Has Entered Service

First Japan-built LNG-fueled PCC with FGSS Supplied by Mitsubishi Shipbuilding Has Entered Service

First Japan-built LNG-fueled PCC with FGSS Supplied by Mitsubishi Shipbuilding Has Entered …

November 4, 2020 - 8:24 am International, LNG, Press Releases
Source: Reuters

U.S. senator warns France’s Macron over gas exports deal delay

Reuters


WASHINGTON – Any French involvement in holding up a multi-billion dollar natural gas deal over environmental concerns could damage the country’s trade ties with the United States, a Republican senator has warned in a letter to French President Emmanuel …

November 3, 2020 - 11:00 am Closing Bell Story‎, Energy News, International, LNG
Putin decrees development of Arctic with more nuclear icebreakers – This will help Russia cash flow from fossil fuels.

Putin decrees development of Arctic with more nuclear icebreakers – This will help Russia cash flow from fossil fuels.

WNN

Oil & Gas Publishers Note: These large investments will help Russia maintain the cashflow from fossil fuels which make a substantial portion of their GDP. 

Russian President Vladimir Putin has signed an executive order, On the Strategy for Developing

October 30, 2020 - 10:32 am International, LNG, Natural Gas News, Nuclear, Popular 1
Costa Cruises Completes Italy’s First LNG Bunkering Operation

Costa Cruises Completes Italy’s First LNG Bunkering Operation

Costa Cruises Completes Italy’s First LNG Bunkering Operation The LNG bunkering…

October 27, 2020 - 5:18 am International, LNG, Press Releases