Liquefied Natural Gas

Liquefied Natural Gas

Natgas Stops Flowing to Freeport LNG Export Plant in Texas

The plant is not expected to return to full power until at least March and is still waiting for permission from federal regulators to start loading LNG on ships to free up storage tank space.

February 7, 2023

Liquefied Natural Gas , Trade , International

India's Petronet Seeks More LNG Under Long-term Qatar Deal

"We are seeking an additional 0.75 to 1 mtpa on top of existing 8.5 mtpa contact," Petronet LNG CEO A.K. Singh said.

February 7, 2023

Earnings , Liquefied Natural Gas

ConocoPhillips More Than Doubles Profits in 4Q 2022 Report

While pleased with fourth-quarter 2022 results, ConocoPhillips will also look to continue growth as it announced progress with its Willow and Port Arthur projects.

February 6, 2023

Liquefied Natural Gas

Bangladesh Could Buy 10-12 Spot LNG Cargoes in Feb-June

Bangladesh depends on imported natural gas for the majority of its power generation, but with European sanctions on Russia, the country fears it will be unable to secure LNG supplies due to high prices.

February 6, 2023

Liquefied Natural Gas , Exports

Freeport LNG Seeks US Approval to Restart Loading at Texas Export Plant

"Reinstatement of Dock 1 LNG loading services will allow Freeport to recommence normal LNG ship dockage and loading operations," according to the company's U.S. Federal Energy Regulatory Commission filing.

February 3, 2023

Liquefied Natural Gas , Policy & Regulations , International

Chesapeake CEO, Commonwealth LNG Chair Say Europe Must Prepare for Next Winter

In 2022, Europe raced to fill gas storage with LNG imports; now its focus must turn to next year’s winter, top executives at Commonwealth LNG and Chesapeake Energy said Feb. 1 during a panel discussion at the NAPE summit in Houston.

February 2, 2023

Markets , Liquefied Natural Gas , Natural Gas

European Gas Prices Mixed on Cold Weather Forecast, Strong LNG Flows

British and Dutch wholesale gas prices were mixed on Feb. 2 on cold weather forecasts, reduction in gas storage and Norway outage, although strong flows of LNG were lending some support.

February 2, 2023

Earnings , Liquefied Natural Gas , Crude Oil , Energy Transition

Shell 2022 Profit More Than Doubles To Record $40 Billion

The British company's record earnings, which more than doubled from a year earlier, mirror those reported by U.S. rivals earlier this week and are certain to intensify pressure on governments to further raise taxes on the sector.

February 2, 2023

Liquefied Natural Gas , Natural Gas

Chart Talk: Trinidad Eyes Venezuelan Gas Supply from Mariscal Sucre Project

Washington granted Trinidad and Tobago the right to develop Venezuela’s Dragon gas field in the first sign of a potential bilateral trade deal that could see Venezuela commercialize its strained offshore gas via idled LNG, methanol and ammonia plants in its neighbor’s backyard.

January 31, 2023

Liquefied Natural Gas , Natural Gas

Fire-idled Freeport LNG Seeks U.S. Approval to Start One Unit

Freeport LNG's request represents a milestone in efforts to restore production after a seven-month outage at the second-largest U.S. LNG.

January 31, 2023