Since the end of April, U.S. LNG export facilities have made agreements totaling 16 mtpa, or 72% of the year’s 22.5 mtpa in offtake agreements.
Despite oil futures prices sliding since August, OPEC continues to keep supplies up, to the bafflement of analysts.
Venture Global’s Plaquemines LNG export facility in Plaquemines Parish, Louisiana has received its initial cool-down cargo just three days after the FERC granted it's request to commission the introduction of nitrogen gas to the facility.
Most of the additional gas in storage came from the Appalachian Basin. The Midwest added 19 Bcf and the East added 12 Bcf, according to the EIA.
Lake Charles LNG has selected KTJV, the joint venture between Technip Energies and KBR, for the engineering, procurement, fabrication and construction of an LNG export terminal project on the Gulf Coast.
Crescent will work with SAMSUNG E&A and Honeywell on the project.
Throwing out the permit for Williams’ operational REA project in the mid-Atlantic region was a mistake that could cost people “desperately” reliant on it, Chairman Willie Phillips said.
Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.
From LNG to direct air capture, Chris Ashton, CEO of Worley, said economic incentives aren’t “on a pace and scale that are necessary for us to move things forward.”
As global power demand rises, much of the world is unable to grasp the need for gas or the connection to LNG, experts said.
Methane emissions are falling in parts of the world as companies such as EQT, led by CEO Toby Rice, make strides to reduce emissions in their operations, although the task is not without challenges.
ConocoPhillips aims to ingrain itself into the global LNG ecosystem, from shale gas output at the wellhead to liquefaction to shipping to regasification in Europe and Asia, CEO Ryan Lance said.
BKV Corp. has positioned itself as an LNG supplier near Gulf Coast markets with production averaging 718 MMcfe/d across about 460,000 Barnett acres, supported by 778 miles of associated gas gathering pipelines and 65 compression units.
Energy executives from companies such as Cheniere and Woodside are planning for the energy transition—and natural gas as part of it.