Post Tagged with: "LNG"

LNG Projects Ramping Up in Response to Growing Market

LNG Projects Ramping Up in Response to Growing Market

From the Alaska Journal of Commerce

Oil and gas companies are responding to the growing market for liquefied natural gas by ending their hiatus from new projects, while more liquefaction capacity is coming online in Russia, Australia and the U.S. …

August 3, 2018 - 12:23 pm Closing Bell Story‎, Energy News
Source: Novatek

Russian Icebreaking LNG Carrier Sets Record Gas Delivery to China: 7 Days and Change

First vessel in a series of 15 icebreaking LNG carriers on order can sail independently through ice of up to 2.1 meters thick

From MarineLog

Christophe de Margerie, the icebreaking LNG carrier owned and operated by Russia’s Sovcomflot (SCF Group), …

August 3, 2018 - 12:02 pm Closing Bell Story‎, Energy News, LNG
5 Main Competitors to U.S. LNG Dominance

5 Main Competitors to U.S. LNG Dominance

From E&E News

The United States is rapidly increasing its exports of liquefied natural gas. But it isn’t the only nation doing so or that has plans to do so.

The addition of the Cove Point LNG plant in Maryland …

July 20, 2018 - 12:15 pm Closing Bell Story‎, Energy News, LNG
LNG Permitting: FERC Chairman Says No Delay Letters Were Sent

LNG Permitting: FERC Chairman Says No Delay Letters Were Sent

McIntyre says FERC is streamlining the LNG plant permitting process, reducing the timing 

The Federal Energy Regulatory Commission has issued a news release saying the commission has not sent letters to LNG project applicants announcing delays of 12 to 18 …

Liquefied Natural Gas Plant, Australia

Piedmont Natural Gas Bringing New LNG Facility to North Carolina

Piedmont Natural Gas (NYSE: PNY) today announced plans to build and operate a liquefied natural gas (LNG) facility in Robeson County, N.C. The facility will help Piedmont Natural Gas continue providing customers with a reliable supply of natural …

July 13, 2018 - 12:23 pm Closing Bell Story‎, Energy News, LNG
U.S. Shale Gas Export Projects Face Much Longer FERC Permitting Delays

U.S. Shale Gas Export Projects Face Much Longer FERC Permitting Delays

From Bloomberg

FERC backlog after a surge in plant applications: unexpected wait could affect commercial viability of projects

The approval of U.S. shale-gas export projects could be delayed by as many as 18 months as the top energy regulator struggles …

July 13, 2018 - 9:09 am Closing Bell Story‎, LNG, Regulatory
Window is Closing for the U.S. to Become World LNG Leader, Sempra Energy Chief Strategy Officer Tells Congress

Window is Closing for the U.S. to Become World LNG Leader, Sempra Energy Chief Strategy Officer Tells Congress

U.S. opportunity may be closed for decades

On June 26, the U.S. House of Representatives’ Energy & Commerce Committee held a hearing entitled “The Shifting Geopolitics of Oil & Gas.”

The four energy sector experts who testified at the hearing …

July 13, 2018 - 8:01 am Closing Bell Story‎, LNG, Oil and Gas 360 Articles
Shell Ramps Up Activity in Kitimat, Raising Canada’s US$30 Billion LNG Hopes

Shell Ramps Up Activity in Kitimat, Raising Canada’s US$30 Billion LNG Hopes

From Bloomberg/Calgary Herald

VANCOUVER – July 9 – A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a …

July 9, 2018 - 3:26 pm Canada, Closing Bell Story‎, LNG
China Keeps LNG Off Tariff List for Now, Could be Trade Weapon Later

China Keeps LNG Off Tariff List for Now, Could be Trade Weapon Later

From Reuters

China’s omission of liquefied natural gas (LNG) from its vast list of U.S. products that face hefty import duties from Friday has preserved a potential weapon should the trade war with Washington deepen.

It also underscores Beijing’s desire …

How Important is the American Shale Renaissance to the World?

How Important is the American Shale Renaissance to the World?

This is what happens when you turn the private sector loose to innovate, develop new technologies and improve efficiency

Some interesting testimony came out of last week’s House of Representatives Energy & Commerce Committee hearing. The intention of the committee …

Cove Point Fall Colors, Nov. 2017

Three Maryland Counties Begin FY 2019 with Balanced Budgets as a Result of Cove Point LNG Project

Calvert County lowers property tax rate, bumps allocation to education, restores step salary increases

From BayNet

Hollywood, MD – In case you missed it, this past Sunday was not only the beginning of a new week and new month but …

July 5, 2018 - 1:20 pm Closing Bell Story‎, Energy News, LNG
LNG Ltd. Gets Tied Up in Trump Trade Dispute

LNG Ltd. Gets Tied Up in Trump Trade Dispute

From Bloomberg

The Trump administration’s trade dispute with China is delaying one U.S. company’s bid to sign long-term natural gas export deals.

While liquefied natural gas is excluded from the trade tariffs imposed in recent weeks, buyers are waiting to …

China Becomes World’s Biggest Natural Gas Importer

China Becomes World’s Biggest Natural Gas Importer

But when Power of Siberia pipeline begins, LNG imports may take a back seat to Russian pipeline gas 

From Maritime Executive

China has outpaced Japan to become the world’s largest importer of natural gas, a welcome sign for the developers …

June 25, 2018 - 4:03 pm China, Closing Bell Story‎, LNG, Natural Gas News
Global Gas Continues to Shape the Future of Big Oil

Global Gas Continues to Shape the Future of Big Oil

From Bloomberg

Big Oil’s fortunes are becoming tied more closely to natural gas than ever before.

Majors including Royal Dutch Shell Plc and BP Plc have boosted their proportion of gas output in recent years, helping them trim Exxon Mobil …

Cheniere Energy to Acquire Cheniere Partners; Charters an LNG Carrier

Cheniere Energy to Acquire Cheniere Partners; Charters an LNG Carrier

Cheniere Energy, Inc. (NYSE American: LNG) announced today that it has reached a definitive agreement to acquire all of the publicly-held shares of Cheniere Partners Holdings (NYSE American: CQH). Cheniere Partners Holdings shareholders will receive a fixed ratio of 0.475 …

Contract Let for Gas Pipeline Serving Proposed LNG Canada Export Project

Contract Let for Gas Pipeline Serving Proposed LNG Canada Export Project

Macro Enterprises Inc. (TSXV:MCR) (the “Company” or “Macro”) is pleased to announce that its Joint Venture with Spiecapag Canada Corp. (“Spiecapag”) has successfully negotiated and executed a construction contract with Coastal GasLink Pipeline Limited Partnership for pipeline construction services on …

June 19, 2018 - 12:17 pm Canada, Closing Bell Story‎, Energy News, LNG, Natural Gas News
Source: Gazprom Sakhalin II LNG

Cheniere Energy Grows with Help from Baker Hughes

Cheniere Energy Inc. (NYSE: LNG) announced today that it has reached a positive FID and plans to continue the construction of its third liquefaction train for its LNG facility in Corpus Christi, Texas.

Baker Hughes, a GE company (NYSE: BHGE), …

$11-Billion Canadian East Coast LNG Project Sees Soft FID in Q3, FID in Q1 2019

$11-Billion Canadian East Coast LNG Project Sees Soft FID in Q3, FID in Q1 2019

Proposed 10 mtpa export project already has nearby pipeline; Germany’s Uniper is contracted for $45 billion in gas over 20 years

From Daily Commercial News

Thousands of Nova Scotia construction workers are at the starting gate ready to get to …

June 11, 2018 - 2:37 pm Canada, Closing Bell Story‎, LNG, Natural Gas News
Source: Royal Dutch Shell

Global LNG Market Exits Oversupply Status, as Rebalancing Starts: WoodMac

Firms sees price levels high enough to facilitate full U.S. LNG utilization

Fears about an oversupplied liquefied natural gas (LNG) market are beginning to ease as indications point towards a more modest rebalancing, according to consultancy Wood Mackenzie in its …

Trans-Alaska oil pipeline

LNG Project Closes In With Key Executive Additions

An Oil & Gas 360® Exclusive

In the first half of 2018, Canada’s Steelhead LNG has been busy.

The Vancouver-based LNG project added two key North American natural gas and pipeline industry leaders to its executive team as the …

Россия. Санкт-Петербург. 17 июня 2015. На территории выставочного комплекса Ленэкспо во время подготовки к Петербургскому международному экономическому форуму 2015. Евгений Курсков/ТАСС|A view of the Lenexpo Exhibition Complex ahead of the 19th St. Petersburg International Economic Forum in St. Petersburg, Russia, June 17, 2015. Yevgeny Kurskov/TASS

Russia Plans to Outproduce U.S. and Australia in Global LNG Markets

From Reuters

Russia plans to raise its annual production of seaborne liquefied natural gas (LNG) to as much as 120 million tonnes by 2035 and take market share from Australia and the United States by capitalizing on low costs, a …

June 1, 2018 - 1:38 pm Closing Bell Story‎, Energy News
PETRONAS Back In: Buys 25% of LNG Canada

PETRONAS Back In: Buys 25% of LNG Canada

Malaysian energy company PETRONAS is apparently back as an active LNG player in Canada, with the announcement today that it is buying a 25% equity stake in LNG Canada. LNG Canada is a proposed natural gas export project that is …

Africa’s Largest non-OPEC Producer is on a Roll

Africa’s Largest non-OPEC Producer is on a Roll

Egypt is the largest non-OPEC oil producer in Africa and the third-largest dry natural gas producer on the continent, according to the EIA’s newest report on Egypt. In recent years, the country has seen political instability accompanied by growing power …

Courtesy of Cheniere

Cheniere’s LNG Express Moves Forward with FID for Train 3 at Corpus

Cheniere Energy, Inc. (ticker: LNG) made a positive final investment decision, clearing the way for its Train 3 project at Corpus Christi to reach the goal line. Cheniere said it plans to issue a full notice for Bechtel Oil, Gas …

BP Signs Binding Gas Sales Agreement to Supply Gas to Alaska’s $45 Billion LNG Export Project

BP Signs Binding Gas Sales Agreement to Supply Gas to Alaska’s $45 Billion LNG Export Project

BP helps Alaska LNG shore up gas supply for project

The wheels haven’t stopped turning in Alaska’s quest to lure the necessary resources that will push its long-desired LNG mega-project toward fruition.

After sales trips to meet Asian customers, including …

May 9, 2018 - 12:17 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles
Pioneer Selling Oil at Premium Pricing, Looks to Add 250-275 Wells to Production in 2018

Pioneer Selling Oil at Premium Pricing, Looks to Add 250-275 Wells to Production in 2018

Forecasts cashflow of approximately $3.2 billion at current strip prices for the remainder of 2018 – $66 per barrel for oil and $2.80 per Mcf for natural gas

Running 20 Permian Hz rigs

Pioneer Natural Resources Company (ticker: PXD) reported …

First Tanker of Cove Point Gas Transits Panama Canal en route to Japan

First Tanker of Cove Point Gas Transits Panama Canal en route to Japan

From Seatrade Maritime News

Underscoring changing trade patterns the first-ever liquefied natural gas (LNG) shipment from the Dominion Cove Point terminal in the US to Japan has transited the Panama Canal.

The transit of the LNG Sakura, which occurred last …

May 1, 2018 - 2:54 pm Closing Bell Story‎, Energy News, LNG
Iran’s LNG Exports Jump as China, U.S. Lock Horns in Trade War

Iran’s LNG Exports Jump as China, U.S. Lock Horns in Trade War

From Hellenic Shipping News

Iran’s National Gas Company is intent on raising the country’s share in the global gas trade as the Islamic Republic is shifting its focus to international markets.

Iranian liquefied natural gas (LNG) exports reportedly rose to …

April 25, 2018 - 7:28 am Closing Bell Story‎, Energy News, LNG
A First for LNG: Three Tankers Cross the Panama Canal in One Day

A First for LNG: Three Tankers Cross the Panama Canal in One Day

From Bloomberg

The increased traffic will bolster confidence in U.S. LNG’s ability to get to China

Three liquefied natural gas tankers sailed through the Panama Canal on the same day this week, marking a first for the newly expanded waterway …

April 19, 2018 - 1:47 pm Closing Bell Story‎, LNG
Source: Novatek

Russian Agency Says Country Doubled LNG Exports, Revenues Grew Threefold in Jan., Feb. 2018

From Russia Today

Exports of liquefied natural gas (LNG) from Russia doubled to five million cubic meters in the first two months of the current year compared to the same period in 2017, the Federal Customs Service reports.

Revenues from …

April 10, 2018 - 2:23 pm Closing Bell Story‎, Energy News, LNG