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By Reshmi Basu The New Fortress Energy liquefied natural gas terminal near the Port of San Juan in Puerto Nuevo, Puerto Rico. Photographer: Alejandro Granadillo/Bloomberg New Fortress Energy Inc. is asking its creditors for yet more time to hash out a debt restructuring before a forbearance period on some of its borrowings expires, according to …
New Fortress Seeks to Push Debt Deadline as Restructuring Looms Read More »
(Reuters) – Shell narrowed its projected range for fourth-quarter liquefied natural gas production but kept it within previous guidance, it said in a trading update on Thursday, as it warned of a loss in its chemicals business. It said its chemicals and products segment’s earnings will be below break-even in the fourth quarter, dragged down …
Shell Sticks to LNG Output Outlook, Warns of Chemicals Loss Read More »
Global investors are facing a fresh surge in geopolitical risk after the U.S. capture of Venezuelan President Nicolas Maduro, a move that could unlock the nation’s vast oil reserves and boost risky assets over the longer-term but prompt a flight to safety when trading resumes. President Donald Trump said the U.S. would take control of …
Investors Face More Geopolitical Whiplash From Trump’s Venezuela Gamble Read More »
The U.S. in 2025 became the first country to export more than 100 million metric tons (mmt) of liquefied natural gas in a single year, powered by the startup of production from new plants, preliminary data from LSEG showed.The world’s largest LNG exporter sold 111 mmt of the fuel, almost 20 mmt more than its …
US Sets New LNG Export Records in Banner Year Marked by New Capacity Read More »
By Ron Bousso (Reuters) – Energy markets enter 2026 in a downbeat mood as geopolitical uncertainty clouds the outlook and increasing signs of swelling oil and gas supplies threaten to sink prices. This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald …
Five Energy Market Trends to Track in 2026, the Year of the Glut Read More »
By Yogi Schulz Information technology continues to develop rapidly, changing what’s possible. 2025 was no exception. Here are my Top 10 developments. Undoubtedly, there are multiple opportunities to apply these technologies more widely across your energy industry organization. 1. AI dominated every conversation In 2025, AI concepts, experimentation with generative AI, and speculation about future …
TOP 10 RELECTIONS on Information Technology Developments in 2025 – Yogi Schulz Read More »
U.S. liquefied natural gas company Freeport LNG said all three trains at its LNG export plant in Texas experienced a trip due to an interruption of feed gas to the facility, according to a regulatory filing on Wednesday. “The plant operators managed the cooldown and restarts of train 1, train 2, and train 3 as …
Freeport LNG Reports All Three Trains at Texas Export Plant Experienced a Trip Read More »
Australia will make exporters of liquefied natural gas from the country’s east coast keep up to a quarter of their output for domestic use from 2027, under a scheme unveiled on Monday to curb price spikes and help fill a long-forecast supply gap. The centre-left government of Prime Minister Anthony Albanese said it would work …
Australia Forces LNG Exporters to Keep a Minimum Amount for Home Market Read More »
Energy Transfer Cites Focus on Capital Allocation Discipline DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE:ET) announced today that it is suspending development of the Lake Charles LNG project in order to focus on allocating capital to its significant backlog of natural gas pipeline infrastructure projects that Energy Transfer believes provides superior risk/return profiles. Energy Transfer management has determined …
Energy Transfer Announces Suspension of Development of Lake Charles LNG Read More »
By Nathan Risser and Christopher Charleston A woman stands in a street as the snow falls in the Manhattan borough of New York on Dec. 14. Photographer: Charly Triballeau/AFP/Getty Images Four northeastern US states are under emergency transport orders after an outage at one of the largest underground heating fuel storage facilities in the region …
US Declares Energy Emergency as Cold Snap Hits Northeast Read More »
