Europe, which has been luring liquefied natural gas cargoes away from Asia, will now have less competition from Brazil as rains are refilling the South American country’s hydroelectric dams. Brazil’s hydro power generation is up […]
Getting LNG to gas-starved Europe is so profitable that one tanker carrying the fuel made a U-turn in the Pacific Ocean, crossed the Panama Canal twice and spent nearly $1 million in tolls just to […]
Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic and the hurdles imposed by the Omicron variant. An analysis […]
ENB Publishers Note: This development is wonderful for reducing carbon emissions from shipping. This will have a gigantic impact on the environment over the next several decades. Orders for new LNG-fueled ships reached record highs […]
The U.S. was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe. Output from American facilities edged above […]
Traders watching for signs of Russia’s supply plans in January The number of U.S. LNG cargoes heading for Europe jumped European natural gas extended its declining streak to the longest in more than a year […]
For a glimpse of how much longer this year’s energy crunch is going to last, look no further than the European natural gas market. Forward prices have more than doubled over the past month, with […]
WASHINGTON (Bloomberg) –The Biden administration has ordered an immediate halt to new federal support for coal plants and other carbon-intensive projects overseas, a major policy shift designed to fight climate change and accelerate renewable energy worldwide. The […]
Source: U.S. Energy Information Administration, database of U.S. LNG export facilities U.S. liquefied natural gas (LNG) export capacity has grown rapidly since the Lower 48 states first began exporting LNG in February 2016. In 2020, the United States became the world’s […]
Source: U.S. Energy Information Administration, database of U.S. LNG export facilities U.S. liquefied natural gas (LNG) export capacity has grown rapidly since the Lower 48 states first began exporting LNG in February 2016. In 2020, the United States became the world’s […]
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