Monday, July 14, 2025

LNG

Abu Dhabi’s ADNOC mulls bid for Aethon’s US natgas assets, Bloomberg News reports- oil and gas 360

Abu Dhabi’s ADNOC mulls bid for Aethon’s US natgas assets, Bloomberg News reports

(BOE Report) – Abu Dhabi state oil company ADNOC is considering a bid for natural gas assets of investment firm Aethon Energy Management that could potentially be worth about $9 billion, Bloomberg News reported on Friday, citing people familiar with the matter. ADNOC has done a string of acquisitions in gas and chemicals, which along with LNG and renewables it

Shell CEO seen focusing on LNG as key part of growth strategy- oil and gas 360

Shell CEO seen focusing on LNG as key part of growth strategy

(World Oil) – Shell Plc will update its strategy on Tuesday, just a month after rival bp Plc unveiled a fundamental “reset.” Shell CEO Wael Sawan is in the final stages of a two-year effort to shake up Shell by cutting costs, improving reliability and shedding under-performing units. Analysts and investors will be looking for plans for growth at the company’s

Energy CEOs call on Canada to accelerate new pipeline plans- oil and gas 360

Energy CEOs call on Canada to accelerate new pipeline plans

(Oil Price) – The chief executives of some of the largest Canadian energy companies called on Canada’s main political parties to declare a Canadian energy crisis and key projects in the “national interest,” which would speed up reforms, planning, and construction of new oil and gas pipelines and LNG terminals. The open letter from 14 CEOs representing the four largest pipeline companies and 10 largest

Cheniere completes train 1 at Corpus Christi Stage 3 LNG project- oil and gas 360

Cheniere completes train 1 at Corpus Christi Stage 3 LNG project

(World Oil) – Cheniere Energy has announced that substantial completion of Train 1 at the Corpus Christi Stage 3 Liquefaction Project (CCL Stage 3) was achieved on March 16, 2025. Commissioning is complete and Cheniere’s engineering, procurement and construction partner, Bechtel Energy, has turned over care, custody and control of Train 1 and associated systems to Cheniere. “The substantial completion of

African national oil companies (NOCs) partnering with independents to drive E&P- oil and gas 360

African national oil companies (NOCs) partnering with independents to drive E&P

(World Oil) – Africa’s national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. By strengthening their balance-sheets through partial privatization, transferring their regulatory roles to independent entities and acquiring more assets, NOCs are emerging as strong partners for foreign firms. Boosting production  Major oil producers in Africa are striving to boost production

Key US energy data trends to track as tariffs kick in: Maguire- oil and gas 360

Key US energy data trends to track as tariffs kick in: Maguire

(BOE Report) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States’ largest trade partners, which kicked in on Tuesday. New 25% tariffs on imports from Mexico and Canada, along with a doubling of duties on Chinese goods to 20%, took effect on March

LNG takes the crown in Trump's energy push-oil and gas 360

LNG takes the crown in Trump’s energy push

(Oil Price) – Last week, U.S. President Donald Trump unveiled the National Energy Dominance Council that is tasked with enhancing America’s energy security and cutting reliance on foreign entities. According to a White House statement, the Biden-Harris Administration dramatically slowed the growth rate of American energy production and development, including by instituting a federal oil leasing moratorium and removing hundreds of million acres

Trump unleashes LNG and drilling free-for-all- oil and gas 360

Trump unleashes LNG and drilling free-for-all

(Oil Price) – President Donald Trump wasted no time flexing his pro-fossil fuel stance, approving the first LNG export permit since Biden’s controversial pause last year and creating a new energy council to expand U.S. oil and gas production. The move is a sharp policy reversal and seeks to reinforce America’s position as the world’s top hydrocarbon producer. Commonwealth LNG, the

LNG is a sellers market for now- oil and gas 360

LNG is a sellers market for now

(Oil Price) – Europe has been driving global LNG trade since the start of the year, buying every cargo it can to secure energy supply during the coldest months of the year. Once spring comes, however, it will need to begin to refill its fast-emptying storage to prepare for next winter—and its fondness for overregulation may turn suicidal. Global LNG imports

ADNOC to shift U.S. hydrogen, LNG assets in push to create $80 billion global venture- oil and gas 360

ADNOC to shift U.S. hydrogen, LNG assets in push to create $80 billion global venture

(World Oil) – ADNOC will transfer stakes in some U.S. assets to its new international investment firm, XRG PJSC, part of a push to create a $80 billion global venture. Abu Dhabi National Oil Co.’s holdings in a hydrogen venture with Exxon Mobil Corp. and NextDecade Corp.’s LNG export project will move to XRG, according to CEO Sultan Al Jaber.

Japan may see LNG demand up if renewables are slow; Canada there to deliver, officials say

(BOE Report) – Japan’s demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than expected, a senior industry ministry official said. Japan’s domestic LNG demand continued to fall last year, dropping by 0.4% to 66 million tons due

Big oil set to book lowest quarterly profits in Three years- oil and gas 360

Big oil set to book lowest quarterly profits in three years

(Oil Price) – The five biggest international oil and gas majors are expected to report in the coming weeks their lowest quarterly earnings in three years, data compiled by Bloomberg showed on Tuesday. Lower oil and gas prices, weaker oil trading and LNG business at some of the European majors, and declining margins across the board are expected to weigh on the fourth-quarter