Post Tagged with: "LNG"

Commonwealth LNG Lays Groundwork for 1.5 Mtpa Deal

Commonwealth LNG Lays Groundwork for 1.5 Mtpa Deal

Signs HOA anticipating the negotiation of a 15-year SPA
Commonwealth LNG, a subsidiary of Commonwealth Projects, LLC, has signed a heads of agreement (HOA) with commodities trading house Gunvor Singapore Pte Ltd., a subsidiary of Gunvor Group Ltd.

The HOA

Cheniere Appoints New Board Member

Cheniere Appoints New Board Member

Michele A. Evans joins the company as an independent director
Michele A. Evans has been elected to serve on the Cheniere Energy, Inc. (stock ticker: LNG) board of directors as an independent director. She was also appointed to the audit

NextDecade Names New Chairman

NextDecade Names New Chairman

NextDecade Corporation (stock ticker: NEXT) said that its board has elected company CEO Matthew K. Schatzman to serve as chairman, effective June 4, 2019.

Schatzman replaces Matthew W. Bonanno, who served as interim chairman since May 14, 2019, following the …

June 6, 2019 - 5:57 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles
A Rough Day at the Park for Crude Oil

A Rough Day at the Park for Crude Oil

By Tyler Losier, Energy Reporter, Oil & Gas 360

Actually, it’s been a rough few weeks for crude oil.

West Texas Intermediate near-month futures are down just about 20% since WTI peaked at $66.60 in late April of this year,

Energy Consultant Doubts Jordan Cove Economics

Energy Consultant Doubts Jordan Cove Economics

From the Grand Junction Sentinel

Oregon energy researcher and consultant Robert McCullough has done work in the liquefied natural gas realm while keeping an eye on the controversial Jordan Cove LNG proposal in his home state.

“We were watching the …

June 3, 2019 - 8:35 am Closing Bell Story‎, Energy News, LNG
Source: Cameron LNG Media Kit

Cameron LNG Exports First Commissioning Cargo

By Tyler Losier, Energy Reporter, Oil & Gas 360

FERC authorization expected in mid-2019
Cameron LNG, owned in part by Sempra Energy (stock ticker: SRE) subsidiary Sempra LNG, has shipped its first commissioning cargo of liquefied natural gas from its

ExxonMobil backs LNG imports to world’s biggest exporter

ExxonMobil backs LNG imports to world’s biggest exporter

From Reuters


BRISBANE (Reuters) – Imports of liquefied natural gas (LNG) to Australia – the world’s biggest LNG exporter – now appear “highly realistic” as the country struggles to fill a looming gas shortage, U.S. energy giant Exxon Mobil Corp …

UPS Purchases Largest Quantity of Renewable Natural Gas in U.S. History

UPS Purchases Largest Quantity of Renewable Natural Gas in U.S. History

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Clean Energy Fuels Corp. to supply 170 million gallon equivalents, sells for same price as traditional natural gas
UPS (stock ticker: UPS) announced today that it would be making the

Saudi Arabia Negotiating to Buy U.S. Natural Gas from Sempra Energy

Saudi Arabia Negotiating to Buy U.S. Natural Gas from Sempra Energy

From The New York Times

Saudi Arabia is planning to buy large volumes of American natural gas for the first time, signaling a new strategy for its state-owned company Saudi Aramco and the growing importance of the United States as …

May 22, 2019 - 6:20 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
A Small Shift in the LNG Market May Mean a Big Boost for Ship Owners

A Small Shift in the LNG Market May Mean a Big Boost for Ship Owners

From Bloomberg

With so much cheap liquefied natural gas around, traders are again looking at tankers to store the fuel in the hope of better prices.

A long-established practice in oil trading, the complexity and cost of keeping natural gas …

May 17, 2019 - 5:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
U.S. LNG Export Industry Loses a Strong Founder, Chairman

U.S. LNG Export Industry Loses a Strong Founder, Chairman

On Friday, NextDecade Corporation (stock ticker: NEXT) reported that Kathleen M. Eisbrenner, 58, the company founder and chairman of the board, had died.

Kathleen M. Eisbrenner, NextDecade founder and former CEO

“It is with great sorrow that we announce the

Source: Gazprom. LNG Tanker

Cooler Asia Summer May Add to LNG Woes as World Awash With Gas

From Bloomberg

Don’t count on a summer heatwave to rescue Asia’s liquefied natural gas prices. Weather forecasts signal lackluster demand in the largest importing region, raising prospects a global glut will deepen.

Temperatures across North Asia this summer will be …

U.S. Liquefied Natural Gas Shipments to China Face Mounting Tariffs

U.S. Liquefied Natural Gas Shipments to China Face Mounting Tariffs

From Reuters

China said on Monday it would raise tariffs on liquefied natural gas (LNG) imports from the United States amid a series of additional levies, a move that could further reduce U.S. LNG shipments to the world’s fastest growing …

Europe Bailed Out by Cheap LNG

Europe Bailed Out by Cheap LNG

From Bloomberg

In the Netherlands, once Europe’s largest natural gas supplier, one of the big questions is how to deal with declining production and increasing reliance on imports.

For hundreds of energy traders, utility executives and analysts gathering in Amsterdam …

May 13, 2019 - 5:29 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Panama Canal Handles Largest LNG Tanker to Ever Transit the Canal

Panama Canal Handles Largest LNG Tanker to Ever Transit the Canal

Q-Flex class LNG carriers fit the expanded Panama Canal

From AJOT

Expanded Panama Canal commemorates a milestone transit by a Q-Flex vessel, the world’s second largest LNG tanker class

The Panama Canal yesterday welcomed Qatargas’ Al Safliya, the first Q-Flex …

May 13, 2019 - 3:09 pm Closing Bell Story‎, Energy News, LNG
Anadarko, Mozambique expect FID Announcement for Mozambique LNG Project on June 18

Anadarko, Mozambique expect FID Announcement for Mozambique LNG Project on June 18

Offshore Area 1: 75 Tcf await liquefaction, sales

The president of Mozambique met with Anadarko CEO Al Walker Tuesday and announced plans for Mozambique LNG to announce the final investment decision (FID) during a celebratory event on June 18, 2019 …

Energy Transfer, Shell Issue Invitation to Tender for Lake Charles LNG Project

Energy Transfer, Shell Issue Invitation to Tender for Lake Charles LNG Project

Energy Transfer, Shell Issue Invitation to Tender for Lake Charles LNG Project

May 3, 2019 - 8:00 am Closing Bell Story‎, LNG, Press Releases
Trump Tells Louisiana Senators He Won’t Waive Jones Act to Ship LNG

Trump Tells Louisiana Senators He Won’t Waive Jones Act to Ship LNG

From the Washington Examiner

A pair of Republican Louisiana senators said Wednesday they received assurances from President Trump that he would not grant waivers to bypass the Jones Act, a century-old law regulating domestic maritime commerce, to ease the transport …

May 2, 2019 - 3:12 pm Closing Bell Story‎, Law, LNG
NextDecade’s Rio Grande LNG Receives Final Environmental Impact Statement from FERC

NextDecade’s Rio Grande LNG Receives Final Environmental Impact Statement from FERC

NextDecade’s Rio Grande LNG Receives Final Environmental Impact Statement from FERC

April 26, 2019 - 11:51 am Closing Bell Story‎, LNG, Press Releases
Venture Global Proposes Third LNG Project on Gulf Coast

Venture Global Proposes Third LNG Project on Gulf Coast

From The Houston Chronicle

Venture Global has proposed a third LNG project on the Gulf Coast called Delta LNG. The above rendering shows a proposal for a separate LNG project also proposed by Venture Global on the Gulf Coast called  …

April 26, 2019 - 7:44 am Closing Bell Story‎, Energy News, LNG
Saudi Aramco Sells First LNG as Oil Behemoth Expands Into Gas

Saudi Aramco Sells First LNG as Oil Behemoth Expands Into Gas

From Bloomberg

Saudi Aramco, the world’s biggest oil exporter, dipped a toe into the natural gas business by selling its first cargo of the fuel.

Aramco sold the shipment of liquefied natural gas from Singapore, Chief Executive Officer Amin …

April 25, 2019 - 4:08 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Source: Royal Dutch Shell

Glut Forces LNG Producers to Offer Flexible Deals from Global Portfolios

From Reuters

The world’s biggest liquefied natural gas (LNG) producers including Shell, Total and Petronas are increasingly selling from global supply pools instead of dedicated projects as buyers leverage a fuel surplus to force ever more flexible deals.

This marks …

April 24, 2019 - 3:24 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
America’s Gas Export Clout Is About to Grow

America’s Gas Export Clout Is About to Grow

From Bloomberg

America is set to become an even bigger player in the global liquefied natural gas market after the nation’s top regulator approved two more projects to export the super-chilled fuel.

Tellurian Inc.’s proposed $28 billion Driftwood terminal …

April 22, 2019 - 12:01 pm Closing Bell Story‎, Energy News, Natural Gas News
Newest FERC Approval Puts Tellurian’s Driftwood LNG on Track for 2019 FID, Construction Start

Newest FERC Approval Puts Tellurian’s Driftwood LNG on Track for 2019 FID, Construction Start

Tellurian’s Driftwood Receives Order Granting Authorization From FERC

April 18, 2019 - 11:02 am Closing Bell Story‎, LNG, Press Releases
In Booming LNG, the Most Precious Commodity May Be the Ships

In Booming LNG, the Most Precious Commodity May Be the Ships

From Reuters

A global quest for cleaner energy has fired up demand for liquefied natural gas (LNG), which produces less carbon dioxide than coal. But an abundance of supply has helped keep prices subdued, meaning the most profitable trade is …

April 16, 2019 - 11:48 am Closing Bell Story‎, Energy News, LNG, Natural Gas News
Exxon Is in Talks Over Floating LNG Partnership in Israel

Exxon Is in Talks Over Floating LNG Partnership in Israel

From Bloomberg

Exxon Mobil Corp. is in discussions to build a platform that would expand the export reach of Israel’s biggest natural gas field, according to people familiar with the matter. Israeli gas stocks rose.

The world’s largest publicly-traded oil …

Source: Gazprom LNG Storage Tanks

Shell Exits Gazprom-Led LNG Project In Russia

From Reuters

Royal Dutch Shell has decided to exit a Baltic liquefied natural gas (LNG) project led by Russian state gas major Gazprom on the Russian Baltic coast.

The development comes as Western firms struggle to expand in Russia because …

April 10, 2019 - 3:52 pm Closing Bell Story‎, Energy News, Natural Gas News
Source: Rosneft

Russia Eyes Greater Energy Dominance as Novatek Taps Arctic

From Bloomberg

Almost 1,500 miles from Moscow, the tiny port of Sabetta nestles in a desolate Russian Arctic peninsula. A former outpost for Soviet geologists, it’s now the site of Russia’s most ambitious liquefied natural gas project, operated by a …

April 9, 2019 - 12:05 pm Closing Bell Story‎, Energy News, Natural Gas News
China Gas Demand to Surge In 2019, But Maybe Not Enough to Sop Up LNG Glut

China Gas Demand to Surge In 2019, But Maybe Not Enough to Sop Up LNG Glut

From Reuters

China’s natural gas demand is set to grow by 14 percent in 2019 amid a huge government push to spur consumption of the fuel, a senior industry executive said, requiring the nation to import huge amounts of liquefied …

April 8, 2019 - 2:38 pm China, Closing Bell Story‎, Energy News, LNG, Natural Gas News
Shell Breaks Market Mold With Deal Linking Gas Prices to Coal

Shell Breaks Market Mold With Deal Linking Gas Prices to Coal

From Bloomberg

Royal Dutch Shell Plc agreed to sell liquefied natural gas to a Japanese utility at prices that include a link to coal, the latest innovation in the booming LNG market where buyers are seeking to diversify risks.

In …

April 5, 2019 - 3:58 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News