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Enbridge
Energy Policy

Enbridge Plan to Keep Oil Pipelines Full Rejected by Canadian Regulator

November 26, 2021 Mariel Alumit

Enbridge Inc.’s proposal to keep its massive Mainline oil pipeline network full through long-term contracts was rejected by Canada’s top energy regulator in a win for some producers who want more flexibility to ship their […]

Crude Oil News

Biden Releases Sour Crude That’s Out of Favor With U.S. Refiners

November 24, 2021 Stu Turley

ENB Publishers Note: The SPR release is a political stunt. The average price for oil in the reserves is an estimated $29 per barrel. Coupled with releasing the sour crude that the refiners don’t want […]

LNG - Carrier - ENB
Commodities

LNG Tanker Rates Surge to Record as Asia Buys More U.S. Gas

November 18, 2021 Stu Turley

Spot freight rates for liquefied natural gas tankers in the Asia-Pacific have surged to record highs as a steady flow of U.S. cargoes to the region boosts demand for ships. The cost of chartering a […]

Exports

Cheniere CEO Jack Fusco on the global energy crisis

November 11, 2021 Mariel Alumit

Jack Fusco, CEO of LNG producer Cheniere, joins Worldwide Exchange to discuss the global energy crisis and the role that LNG will play in solving it.

Exports

Two U.S. Gas Exporters Are Closer to Easing the Energy Crisis

November 7, 2021 Stu Turley

Two U.S. natural gas exporters said they’re moving closer to expanding supplies of the power-plant and heating fuel as a global shortage roils economies from the U.K. to China. Venture Global LNG is “very close” to […]

Exports

Natural gas powerhouse Venture Global signs largest-ever supply deal by an American company

November 7, 2021 Stu Turley

U.S.-based Venture Global LNG on Thursday announced a 20-year supply deal with China’s Sinopec. Venture Global CEO Mike Sabel told CNBC the deal is worth $30 billion. The deal also makes Venture Global the top […]

Gasprom - Bloomberg -ENB
Commodities

European Gas Market on Edge as Russia Keeps Grip on Supply

November 2, 2021 Mariel Alumit

Russia kept Europe’s energy markets on edge after Gazprom PJSC declined to book more pipeline capacity later this winter when freezing temperatures will buffer the region. While President Vladimir Putin has said his country is […]

Commodities

Asia Snaps Up American Shale Gas to Keep Boilers, Furnaces Lit

October 26, 2021 Mariel Alumit

Asian liquefied natural gas traders are rushing to secure shipments from the U.S., where prices are among the cheapest in the world, amid a dash to replenish supply before the winter. Firms in China and […]

China Magnesium mining - ENB
Exports

Magnesium Buyers Warn Crunch Threatens Millions of European Jobs

October 25, 2021 Mariel Alumit

Europe’s magnesium shortage could shutter industrial operations within weeks, threatening thousands of businesses and millions of jobs in sectors from cars to packaging, associations warned. Chinese exports of magnesium — a critical material for hardening […]

LNG Ship -3 -ENB
EIA News

EIA projects non-OECD Asia to become the largest importers of natural gas by 2050

October 20, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, International Energy Outlook 2021 In our International Energy Outlook 2021 (IEO2021), we project that non-OECD countries in Asia will collectively become the largest importers of natural gas by 2050. In 2020, the countries of […]

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