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(Reuters) – U.S. natural gas futures climbed about 2% to a one-week high on Friday with flows to liquefied natural gas export plants back near record highs on the expected return to full service of Freeport LNG’s plant in Texas and on a planned jump in demand in two weeks with the coming of some …
US Natgas Futures Up 2% on Near-Record LNG Flows and Cold December Forecast Read More »
By Gavin Maguire LITTLETON, Colorado, Nov 21 (Reuters) – A potent mix of American ingenuity and full-throated political backing has propelled the U.S. to the top of global LNG exporter rankings, and promoted a narrative that shipments of “freedom gas” will continue climbing to all markets for years to come. But while U.S. liquefied natural …
COMMENTARY: US LNG Export Dominance to be Tested as Sellers Look Beyond Europe Read More »
U.S. liquefied natural gas company Freeport LNG’s export plant in Texas was on track to take in more natural gas on Friday in a sign that one of its three liquefaction trains has returned to service after shutting on Thursday, LSEG data and regulatory filings show. Freeport is one of the world’s most closely …
Freeport LNG’s Texas Export Plant to Take in More Natural Gas on Friday, Data Shows Read More »
The United Arab Emirates said on Friday it will invest up to $50 billion in Canada under a framework that includes projects in artificial intelligence, energy, and mining sectors. The UAE has been looking to expand its energy investments abroad, especially through its recently launched firm XRG, the foreign investment arm of Abu Dhabi’s oil …
UAE to Invest up to $50 Billion in Canada in Industries Such as AI, Energy Read More »
By Emma Sanchez The biggest natural gas pipeline boom in nearly 20 years is unfolding in the US South as companies build systems to feed massive export terminals rising along the Gulf of Mexico. As many as 12 projects to install new pipelines or expand existing ones are on pace to be completed next year …
Biggest Gas Pipeline Buildout Since 2008 Propels Trump Energy Push Read More »
By Francois de Beaupuy TotalEnergies SE Chief Executive Officer Patrick Pouyanne said European nations should avoid becoming too reliant on imports of US liquefied natural gas as they prepare to further trim supplies from Russia. US President Donald Trump “seeks somehow to replace the Russian dependency with an American dependency” as Europe looks for energy, …
TotalEnergies CEO Warns Europeans Not to Overrely on US LNG Read More »
(Reuters) – U.S. natural gas futures climbed about 4% on Wednesday on near-record flows to liquefied natural gas export plants and forecasts for higher demand than previously expected as the weather turns colder than normal going into December. Front-month gas futures for December delivery on the New York Mercantile Exchange rose 16.8 cents, or 3.8%, …
US Natural Gas Futures Climb 4% on Near-Record LNG Flows and Cold December Forecast Read More »
Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August to entice Chinese buyers to purchase sanctioned gas from its Arctic LNG 2 project, sources familiar with the matter told Reuters. The purchases have ended the commercial limbo for the $21-billion project, which is subject to …
By Ruth Liao and Stephen Stapczynski The Golden Pass liquefied natural gas terminal under construction in Sabine Pass, Texas. Photographer: Callaghan O’Hare/Bloomberg The Texas joint venture between QatarEnergy and Exxon Mobil Corp. is targeting February to load its first liquefied natural gas cargo, in what would be a major milestone for US exports of the …
Qatar-Exxon LNG Plant in Texas Plans First Shipment in February Read More »
By Sing Yee Ong and Stephen Stapczynski The cost of transporting liquefied natural gas across the Atlantic Ocean surged to the highest in almost two years, as expanding exports from North America boosted demand for tankers. The spot rate to hire an LNG vessel for delivery from the US to Europe jumped 19% to $98,250 …
Atlantic LNG Freight Rates Surge to Highest Since Early 2024 Read More »
