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HomeLNG

LNG

Golden Pass
Big Oil Companies

ExxonMobil CEO says Golden Pass LNG launch could slip into 2026

November 4, 2024 Mariel Alumit

State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 […]

Climate Crisis

After Court Blocks Texas LNG Projects, Ted Cruz and Lawmakers Request Rehearing

November 2, 2024 Stu Turley

DC Circuit stalls Texas LNG projects by voiding key permits over environmental reviews. Cruz urges Congress to reclaim public interest decisions. ​   Republican Texas Sen. Ted Cruz and other lawmakers filed a “friend of […]

Atlantic LNG shipping rates
International News

Atlantic LNG shipping rates dip to just $18,250 per day

November 1, 2024 Mariel Alumit

Last week, LNG shipping rates continued to slide in both basins. “Spark30S Atlantic rates have dropped to record lows, reducing by $2,500 to $18,250 per day” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. […]

Cheniere Energy
Earnings

Cheniere Energy Q3 Earnings Dip on Lower LNG and Gas Prices

October 31, 2024 Mariel Alumit

The biggest U.S. LNG exporter, Cheniere Energy Inc (NYSE: LNG), reported on Thursday a decline in third-quarter revenues and profits amid decreased market volatility and lower international LNG and natural gas prices. Cheniere Energy booked $3.763 billion […]

Panama Canal
Exports

Panama Canal Bets on Asian Demand to Boost Flailing LNG Traffic

October 31, 2024 Mariel Alumit

The Panama Canal has had to navigate several headwinds in recent months. Restrictions at the Panama Canal have been eased in recent months, and the canal authority hopes ship traffic will begin to rise. Panama […]

LNG Emissions
Energy Policy

Watchdog: Biden-Harris Allegedly Buried LNG Emissions Study, GOP Wants Answers

October 28, 2024 Mariel Alumit

GOP lawmakers demand answers from DOE over allegations it buried a study on LNG emissions, claiming Biden-Harris admin has hurt US energy interests. ​Forty-five GOP lawmakers are demanding answers from the Department of Energy (DOE) […]

Bill Ackman
Energy Crisis

Bill Ackman on Squawk Box has a fantastic interview and perspective on our election.

October 23, 2024 Mariel Alumit

ENB Pub Note: The following is copied from @BillAckman’s X account and the interview he just had on CNBC Squawk Box. – He articulates critical reasons for why a Democrat should vote for President Trump. […]

Gas Demand
Imports

Top U.S. LNG Exports: China’s Gas Demand Is Booming

October 22, 2024 Mariel Alumit

Cheniere Energy: Chinese demand for natural gas is set to jump by more than 50% by 2040. Cheniere expects China to become the world’s first market with 100 million tons of LNG demand very soon. […]

Exports

Qatar Faces Rising Competition in Asia From Flexible LNG Suppliers

October 21, 2024 Stu Turley

Shorter-term and more flexible LNG contracts offered by sellers from the United States, the United Arab Emirates (UAE), and Oman are challenging Qatar’s dominance in liquefied natural gas supply to north Asia, trade sources have […]

Vitol
LNG

Vitol enters long-term LNG swap deal with China Gas

October 21, 2024 Stu Turley

Under the deal, Vitol will purchase 500,000 metric tons of LNG from China Gas Hongda Energy Trading’s contracted US volume on a FOB (free on board) basis and sell 500,000 metric tons of LNG to […]

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