LNG

Auto Added by WPeMatico

Kimmeridge Plans to Invest More in U.S. LNG Despite Biden’s Pause

Kimmeridge Energy Management Co. plans to continue to invest in the US liquefied natural gas export industry, even though new permitting is on hold while the Biden administration scrutinizes the sector. The company expects to make additional investments in the proposed Commonwealth LNG project in Louisiana, according to Ben Dell, Kimmeridge’s co-founder and managing partner. Kimmeridge is …

Kimmeridge Plans to Invest More in U.S. LNG Despite Biden’s Pause Read More »

U.S. Natgas Flows to Freeport LNG in Texas Rise to 2-Month High – LSEG

The amount of natural gas flowing to Freeport LNG’s export plant in Texas rose to a two-month high on Sunday in what energy traders said was another sign that the plant was wrapping up a series of outages over the past month or so.The startup and shutdown of Freeport and other U.S. liquefied natural gas …

U.S. Natgas Flows to Freeport LNG in Texas Rise to 2-Month High – LSEG Read More »

Pipeline Operator TC Energy Beats Profit Estimates on Strong LNG Demand

By Reuters (Reuters) – Pipeline operator TC Energy  beat first-quarter profit estimates on Friday, helped by robust demand for liquefied natural gas (LNG). Demand in the U.S., the largest importer of Canada’s oil and gas, rose in the first quarter according to the U.S. Energy Information Administration, benefiting Canadian energy firms. Total earnings from TC Energy’s pipeline …

Pipeline Operator TC Energy Beats Profit Estimates on Strong LNG Demand Read More »

U.S. Stands to Lose Canadian Natural Gas When LNG Canada Terminal Starts Up

The marine offloading facility at the LNG Canada site is pictured, in Kitimat, Canada, September 2022. LNG Canada/Handout/ File Photo May 3 – The start-up of LNG Canada, the country’s first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where …

U.S. Stands to Lose Canadian Natural Gas When LNG Canada Terminal Starts Up Read More »

Shell Smashes Forecasts with $7.7 Billion Quarterly Profit

Summary Shell announces further $3.5 bln in buybacks Oil trading boosted by Red Sea diversions and Russia disruption LNG earnings beat expectations LONDON, May 2 (Reuters) – Shell  reported first-quarter profit of $7.7 billion on Thursday, sharply beating expectations after disruptions in the Red Sea and Russia lifted oil refining and trading. The company also said …

Shell Smashes Forecasts with $7.7 Billion Quarterly Profit Read More »

Pacific Energy in Talks With NextDecade, Tellurian on US LNG

Bloomberg Pacific Energy is in talks with Tellurian Inc. and NextDecade Corp. for natural gas cargoes from planned export terminals along the US Gulf Coast, according to people familiar with the matter. The discussions involve liquefied gas to be produced at Tellurian’s proposed Driftwood LNG project in Louisiana and NextDecade’s Rio Grande terminal in Texas, said …

Pacific Energy in Talks With NextDecade, Tellurian on US LNG Read More »

Global Upstream Sector Set for deals Worth $150 billion Over Rest of 2024, Report Says

The global upstream industry could see dealmaking worth another $150 billion throughout the remainder of the year, with focus shifting to shale plays in U.S. other than the Permian Basin, analysts at Rystad Energy said in a report. M&A activity in the global upstream industry has already crossed the $64 billion mark this year, most …

Global Upstream Sector Set for deals Worth $150 billion Over Rest of 2024, Report Says Read More »

Next U.S. LNG Export Plant Aims to Begin Production in Mid-2024

Plaquemines requests to import cargoes for start-up process The US became the world’s top LNG exporter last year Venture Global LNG Inc. expects to begin production at its second liquefied natural gas export facility in Louisiana in mid-2024, further cementing to the US as the world’s biggest supplier of the super-chilled fuel. The Arlington, Virgina-based …

Next U.S. LNG Export Plant Aims to Begin Production in Mid-2024 Read More »

Turkey in Talks with ExxonMobil Over Multibillion-Dollar LNG Deal, FT Reports

Turkey is in talks with US energy giant ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas, in an effort to curb its dependence on Russian energy, the Financial Times reported on Sunday. The country is seeking to build a “new supply portfolio” that will make it less reliant on any single partner, Turkey’s …

Turkey in Talks with ExxonMobil Over Multibillion-Dollar LNG Deal, FT Reports Read More »

Top Tellurian Executives Poised for Big Payday if LNG Plant Goes Ahead

Top executives of U.S. liquefied natural gas developer Tellurian Inc could earn tens of millions of dollars if its proposed Driftwood LNG plant gets a green light, or if company is sold, a proxy filing released on Thursday showed. Tellurian had previously said that it was looking at all options, including a potential sale, to …

Top Tellurian Executives Poised for Big Payday if LNG Plant Goes Ahead Read More »