Total net energy imports to the United States fell to 7.3 quadrillion BTUs (quads) in 2017, a 35% decrease from 2016 and the lowest level since 1982, when both gross imports and …
Calgary’s Canacol Energy Ltd. (ticker: CNE) recorded a net loss of USD$148 million for the year ended December 31, 2017, or $(0.48) per share – this compares to a net income of $23.6 million for the same period in 2016. …
From LNG World Shipping
Two LNG cargoes due to arrive at Indian subcontinent receiving facilities in April will mark the inauguration of important new trades. The first shipment is scheduled to arrive at Dabhol on India’s west coast on 5 …
Tellurian Inc. (ticker: TELL) wrapped up its first year as a public company, ending 2017 with $128.3 million of cash and cash equivalents. The company remains debt free, but reported a net loss of $231.5 million, or $(1.23) per share …
Reuters Column
LAUNCESTON, Australia – Crude oil is likely to spring to mind if one is asked to name a commodity where the United States is disrupting the market by becoming a swing producer and challenging traditional trade flows, especially …
U.S. crude oil exports grew to an average of 1.1 MMBOPD in 2017, the EIA said, which is the second full year since restrictions on crude oil exports were removed. Crude oil exports in 2017 were nearly double the level …
When Shell (ticker: RDS.A) released its 2018 LNG Outlook in late February, the global oil and gas major said that surging global LNG demand could lead to possible shortages in the Mid-2020s. Shell …
From Reuters
LONDON, March 15 (Reuters) – The first liquefied natural gas (LNG) cargo exported from a new plant in the United States at Cove Point will arrive in Britain later this month …
From CBC News
The once sky-high aspirations to develop a liquefied natural gas (LNG) industry on Canada’s West Coast have crashed to the ground, but experts say …
After a journey of more than seven years, on Mar. 5, 2018, the Federal Energy Regulatory Commission issued a letter to Dominion Energy (ticker: D) that …
From the Financial Post
From Reuters
MELBOURNE (Reuters) – A consortium including Japan’s JERA and Marubeni Corp is aiming to ship liquefied natural gas (LNG) to Australia’s east coast, looking to supply industrial gas users and possibly a new power plant, the group said …
Shell (ticker: RDS.A) released its annual LNG Outlook today with robust LNG demand and natural gas usage predictions.
The global liquefied natural gas (LNG) market showed demand growing by 29 million tonnes to 293 million tonnes in 2017, according to …
In 2017 China surpassed South Korea to become the world’s second-largest importer of LNG, according to data from IHS Markit and official Chinese government statistics, the EIA said. Driven by government policies designed to reduce air pollution, LNG imports increased …
Cheniere Energy, Inc. (ticker: LNG) has entered into two LNG sale and purchase agreements (SPA) with China National Petroleum Corporation (CNPC).
Under the SPAs with Cheniere’s subsidiaries, Corpus Christi Liquefaction, LLC and Cheniere Marketing International LLP, CNPC subsidiary PetroChina International …
From Reuters
PANAMA CITY, Feb 7 (Reuters) – The number of liquefied natural gas (LNG) tankers traversing the Panama Canal is expected to jump 50 percent by September due to rising exports of the fuel from the United States, the …
U.S. Elba Island is example
From Reuters
VANCOUVER (Reuters) – The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking.
The booming sector’s next-generation infrastructure is being designed for a …
From Reuters
SINGAPORE (Reuters) – Japanese imports of liquefied natural gas (LNG) hit their highest in at least five years in January, with shipments expected to continue at a brisk pace this month as freezing weather keeps its grip on …
Dominion Energy’s Cove Point LNG facility in Lusby, Maryland, is sprinting into the stretch on the final lap in the race to export U.S. energy. When it crosses the finish …
From Reuters / Russell
LAUNCESTON, Australia, Jan 18 (Reuters) – There is little doubt that China’s voracious appetite for liquefied natural gas (LNG) is the prime mover behind the spot price for the fuel reaching its highest in more than …
Cheniere Energy, Inc. (ticker: LNG) and its subsidiary Cheniere Marketing, LLC have entered into a LNG sale and purchase agreement (SPA) with Trafigura Pte Ltd., a Geneva-based independent trader of oil and petroleum products. Trafigura’s LNG team is based in …
From Reuters
A vessel that picked up liquefied natural gas from the United Kingdom that was headed to the United States has turned toward the Mediterranean, according to Thomson Reuters shipping data on Wednesday.
Engie SA’s Gaselys tanker picked up …
Australia is expected to become the world’s biggest natural gas exporter by next year as huge projects near completion.
According to the latest quarterly resources outlook from the chief economist at the federal department of industry, innovation and science, the …
Royal Dutch Shell plc (ticker: RDS.A) and Kuwait Petroleum Corp. have signed an LNG contract that secures Kuwait’s domestic energy needs for the next 15 years.
A private source told Bloomberg that the contract will cover 2-3 million metric tons …
From Asia Times
A joint venture between China LNG shipping and Teekay LNG has reportedly signed a US$1.6 billion deal to finance six LNG carriers, which will service Russia’s Yamal LNG project.
The carriers, currently being built by South Korea’s …
From LNG World Shipping
Among the reverberations felt by the LNG industry in 2017, none echoed more loudly than the healthy build-up in US exports; the start of LNG shipments from the Russian Arctic; the rapid emergence of China as …
Dominion Energy (ticker: D) issued a statement today saying it would begin commercial operations early next year under the terms of previously negotiated 20-year contracts with ST Cove Point, which is the joint venture of Sumitomo Corporation and Tokyo Gas, …
From Platts
Dominion Energy’s Cove Point LNG export terminal in Maryland received its first tanker on Thursday as the company prepares to join Cheniere Energy shipping US supplies overseas.
Inspectors boarded the Maran Gas Delphi and the vessel was being …
Tellurian Inc. (ticker: TELL) has priced an underwritten public offering of 10,000,000 shares of its common stock at a price to the public of $10.00 per share, for total gross proceeds (before underwriters’ compensation and estimated expenses) of $100.0 million.…
“China supports domestic enterprises to increase natural gas output and at the same time to diversify imports of the resource,” …
