LNG

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US Natgas Prices Jump 5% to 1-Week High on Hotter Weather Forecasts, Rising LNG Exports

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

(Reuters) – U.S. natural gas futures jumped about 5% to a one-week high on Monday on forecasts for hotter weather over the next two weeks than previously expected and rising flows of gas to liquefied natural gas (LNG) export plants. Front-month gas futures for August delivery on the New York Mercantile Exchange rose 15.2 cents, …

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Trump to Unveil $70 Billion in AI and Energy Investments

Artificial Inteligence, Coal, Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, LNG, Natural Gas, Nuclear, Oil, US News / By

PITTSBURGH, July 14 (Reuters) – U.S. President Donald Trump will announce $70 billion in artificial-intelligence and energy investments on Tuesday, according to a White House official and a person familiar with the initiatives. Trump will reveal details of these new initiatives at an event near Pittsburgh, where he will be joined by Republican Senator David …

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Venture Global Begins Producing LNG From Phase 2 of Plaquemines Plant, Sources Say

Conventional Energy, Latest, LNG, US News / By

(Reuters) – Venture Global has started producing liquefied natural gas from Phase 2 of its Plaquemines export facility in Louisiana, according to two people familiar with its operations as well as LSEG ship tracking data and federal filings. In the last six months, the United States’ second-largest LNG producer has exported LNG from Phase 1 …

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US Natgas Prices Steady as Rising LNG Exports Offset Less Hot Forecasts

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

(Reuters) – U.S. natural gas futures held steady on Friday as rising flows to liquefied natural gas (LNG) export plants offset forecasts for less hot weather and lower demand next week than previously expected. Front-month gas futures for August delivery on the New York Mercantile Exchange rose 1.4 cents, or 0.4%, to $3.351 per million …

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US Natgas Prices Climb 3% on Small Storage Build, Rising LNG Export Flows

Conventional Energy, Latest, LNG, Natural Gas, Tri-Pinned, US News / By

(Reuters) – U.S. natural gas futures climbed on Thursday on a smaller-than-expected storage build, rising gas flows to liquefied natural gas export plants and forecasts for hotter-than-normal weather over the next two weeks than previously expected. Front-month gas futures for August delivery on the New York Mercantile Exchange rose 10.3 cents, or 3.2%, to $3.317 …

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Oil Giant Saudi Aramco in Talks With Commonwealth LNG for Offtake Agreement, Sources Say

Conventional Energy, Latest, LNG, US News / By

(Reuters) – Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company’s facility in Cameron, Louisiana, as it seeks to strengthen its position in the superchilled fuel market, four people told Reuters on Wednesday. Talks are for 2 million tons per annum (mtpa), two of the …

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Venture Global Cashes in on Exports from Plaquemines LNG Plant, SEC Filing Shows

Conventional Energy, Latest, LNG, US News / By

Venture Global exported more liquefied natural gas (LNG) cargoes from its Plaquemines export facility in Louisiana and earned more than double in fees compared with its other U.S. plant, a company filing showed on Monday. The LNG company exported 51 cargoes from Plaquemines at an average liquefaction fee of $7.09 per million British thermal units …

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Petronas Ships its first LNG Cargo to Japan from its New Facility in Canada

CDN and International News, Conventional Energy, Latest, LNG / By

By Reuters (Reuters) – Malaysia’s state energy firm Petronas on Monday said it has successfully shipped its first liquefied natural gas (LNG) cargo to Japan from its newly operational LNG facility in Kitimat, Canada. Petronas has a 25% stake in the Kitimat LNG plant in British Columbia on Canada’s west coast. The shipment departed for Japan …

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US Ambassador Says ‘Win-Win’ Trade Deal With Canada Is Within Reach

Latest, LNG, Natural Gas, Oil, US News / By

The US ambassador to Canada, Pete Hoekstra, is optimistic about trade talks between the US and Canada, believing a fair deal will emerge soon. The US and Canada have an existing trade pact, but the US has placed import taxes on Canadian products, prompting Canada to impose counter-tariffs on US-manufactured items. The two leaders have …

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Canada LNG is the First Sign of a Global Gas Oversupply

CDN and International News, Conventional Energy, Latest, LNG / By

A tidal wave of new production — the biggest yet — could transform the market for the fuel.. After years of tight supply and wild price swings in the global gas market, there are signs of something different: too much of a good thing. LNG Canada, the Shell Plc-led project in British Columbia, just exported its …

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