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LNG

FERC
LNG

FERC approves Venture Global’s CP2 LNG project

June 28, 2024 Stu Turley

The US FERC has given the green light to Venture Global LNG for its proposed CP2 LNG project in Louisiana. In a 2-1 decision, FERC commissioners approved the project and the pipeline during a meeting […]

US LNG exports
Exports

US weekly LNG exports reach 29 shipments

June 28, 2024 Mariel Alumit

US liquefied natural gas (LNG) exports reached 29 shipments in the week ending June 26, and pipeline deliveries to US terminals decreased compared to the week before, according to the Energy Information Administration. The agency […]

Biden administration
Energy Policy

Texas regulator calls on Biden administration to restart LNG exports to support Ukraine

June 27, 2024 Mariel Alumit

(WO) – Following recent reports that the Biden Administration’s federal moratorium on new liquified natural gas (LNG) export plants is prohibiting Ukraine from purchasing American LNG, Railroad Commissioner Wayne Christian slammed the administration’s policy and […]

Aramco
LNG

Aramco, Sempra ink non-binding Port Arthur LNG deal

June 27, 2024 Stu Turley

Saudi Arabia’s energy behemoth Aramco has signed a non-binding deal with US LNG exporter Sempra to buy liquefied natural gas from the second phase of the latter’s Port Arthur LNG export project in Texas. Under […]

Energy consumption
EIA News

U.S. energy production exceeded consumption by record amount in 2023

June 27, 2024 Mariel Alumit

  In 2023, energy production in the United States rose 4% to nearly 103 quadrillion British thermal units (quads), a record. Energy consumption in the United States fell 1% to 94 quads during the same period. Production […]

Saudi Aramco
Finance

Saudi Aramco Set to Buy 25% in U.S. LNG Project

June 26, 2024 Mariel Alumit

Saudi Arabia’s oil giant Aramco has signed a non-binding agreement to buy LNG from Sempra’s Port Arthur LNG project and potentially acquire 25% in the project’s Phase 2, the U.S. and Saudi firms said on Wednesday. Under […]

Guyana
International News

Guyana Taps U.S. Firm Led by Ex-Exxon Executive for Natural Gas Project

June 26, 2024 Mariel Alumit

The government of Guyana has picked Fulcrum LNG, a U.S. firm founded and led by a former senior executive at ExxonMobil, to develop the country’s natural gas resources. After scoring huge success in oil discoveries […]

Dutch and French terminals
Exports

Dutch and French terminals remain top destinations for US LNG supplies

June 26, 2024 Mariel Alumit

Dutch and French LNG import terminals remained the top destinations for US liquefied natural gas supplies in April, as European terminals continue to receive the majority of US LNG volumes, according to the Department of Energy’s […]

Kimmeridge
Finance

Kimmeridge takes 90 percent stake in Commonwealth LNG

June 26, 2024 Mariel Alumit

US private equity firm Kimmeridge is taking a 90 percent stake in Commonwealth LNG, the developer of the 9.5 mtpa plant in Cameron, Louisiana founded by Paul Varello, who is retiring. In August last year, […]

Oil
Crude Oil News

EU Sanctions 17 Ships that Carried Oil for Russia

June 25, 2024 Mariel Alumit

The European Union placed sanctions on more than two dozen vessels, including 17 that hauled oil for Moscow. The sanctions follow similar steps taken by the UK, which included so-called dark fleet ships on a list of […]

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