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US Natural Gas Futures Climb 3% on Record LNG Flows, Colder Forecasts

Conventional Energy, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures climbed about 3% to a one-week high on Wednesday on record flows to liquefied natural gas (LNG) export plants, the expiration of a lower-priced contract, forecasts for colder weather and higher demand, and a bigger-than-expected storage withdrawal. Limiting gains were record output, ample amounts of gas in storage and …

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Venture Global Accuses Shell of Campaign to Harm LNG Business

Conventional Energy, Latest, LNG, US News / By

(Reuters) – U.S. LNG producer Venture Global  accused Shell   of waging a “three-year campaign” to damage its business after Shell appealed an arbitration loss, according to a staff note confirmed by Reuters on Wednesday. Venture Global has faced arbitration claims from Shell, BP and other European buyers alleging contract breaches after the company sold LNG on the spot …

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Venture Global, Tokyo Gas Sign 20-Year LNG Supply Deal

Conventional Energy, Latest, LNG, US News / By

Venture Global said on Tuesday it has signed a 20-year sales and purchase agreement, or SPA, with Japan’s capital city gas supplier, Tokyo Gas, to supply it with 1 million metric tonnes per annum of liquefied natural gas, starting in 2030. The agreement marks Venture Global’s fourth long-term contract with a Japanese company and the …

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US Funds From Federal Energy Production Slid 11% in 2025

Conventional Energy, EnergyNow News and Press Releases, Latest, LNG, Natural Gas, Oil, US News / By

Revenue from energy production on U.S. public lands and waters fell 11% in the latest fiscal year to $14.61 billion, the Interior Department said on Monday, citing lower prices for commodities like oil. WHY IT’S IMPORTANT The total was the lowest since 2021, the first year of the administration of U.S. President Joe Biden, but …

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FERC Grants Five-Year Extension to Sempra’s Cameron LNG Project in Louisiana

Conventional Energy, Latest, LNG, US News / By

Nov 24 (Reuters) – The U.S. Federal Energy Regulatory Commission, or FERC, said on Monday it has granted a five-year extension to complete construction of Sempra’s (SRE.N) Cameron LNG export facility in Louisiana and place it into service. In October, Cameron LNG had filed an extension request for five years (until March 16, 2033) to …

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LNG Freight Rates Extend Rally on Strong North American Exports

Conventional Energy, Latest, LNG, US News / By

By Sing Yee Ong Spot freight rates for liquefied natural gas tankers extended a surge as record-breaking exports from North America tied up more vessels. The cost to hire a ship transporting LNG from the US to Europe jumped by about 12% on Friday to $130,750 a day, the highest since December 2023, according to …

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Natural Gas Use For Electricity Falls In California As Solar Output Rises, EIA Says

Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. Energy Information Administration: Says although natural gas generation still provides more electricity than any other source in california, electricity generation from natural gas has decreased over the past several years while generation from solar has increased Reports solar generation by utility-scale power plants in california totaled 40.3 billion kilowatthours (bkwh) in the …

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US Senators say Trump Has Failed to Prevent Russian LNG from Helping Fund War in Ukraine

Conventional Energy, Latest, LNG, Natural Gas, US News / By

Four Democratic U.S. senators said on Monday lax enforcement by the Trump administration of sanctions on Russia’s Arctic LNG 2 export terminal allows China to buy discounted liquefied natural gas and helps Moscow to fund the war against Ukraine. The lawmakers, including Senator Elizabeth Warren, urged the Trump administration in September to resume targeted sanctions …

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NextDecade Begins Pre-Filing Process to Expand Rio Grande LNG Project

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NextDecade Corp said on Monday it has started the U.S. regulatory pre-filing process to add a sixth liquefaction unit and an extra marine berth at its Rio Grande liquefied natural gas project in Texas, with a full application expected in 2026. The U.S. LNG sector has been rapidly expanding after President Donald Trump lifted the …

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COMMENTARY: Limp COP30 Deal Matters Little in Renewables vs Fossil Battle

CDN and International News, Conventional Energy, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, Wind / By

Clyde Russell Summary (Reuters) – The weak statement that omitted any mention of fossil fuels was probably the best outcome that could have been realistically expected of the COP30 climate summit. It was always going to be a tall order to put nearly 200 countries with massively different perspectives together and deliver a strong statement …

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