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HomeLNG

LNG

New England
LNG

Could Russia’s invasion of Ukraine make it more expensive to keep the lights on in New England this winter?

September 23, 2022 Clark Savage

Like much of Europe, New England is transforming its electric grid, retiring coal, oil and nuclear plants, leaving it largely dependent on natural gas to keep the lights on and power its homes. And, like […]

Freeport LNG
Exports

Freeport LNG Extends Force Majeure Until September

September 22, 2022 Clark Savage

Freeport LNG has declared a force majeure on LNG exports from its Gulf Coast location until September, Bloomberg sources said on Friday. The company had reported earlier in the week that its Gulf Coast facility […]

Electric
LNG

Electric Prices Skyrocket with Gruesome Green Energy Policy

September 21, 2022 Clark Savage

Power prices are expected to increase as the price of natural gas—the swing fuel for electric generation—increases to meet domestic and international demand. The Energy Information Administration (EIA) expects the natural gas price at the […]

Europe
Energy Policy

Europe Is Losing the Energy War

September 19, 2022 Clark Savage

Wars are fought on many fronts. So far, Russian president Vladimir Putin is winning the energy war. High energy prices, triggered by supply disruptions, have neutered Western sanctions. Russia’s current account balance stands at record highs. […]

Asean sees strong oil -gas market recovery from pandemic
ENB Pub Note

Asean sees strong oil, gas market recovery from pandemic

September 17, 2022 Stu Turley

ENB Pub Note: This is important as the Asean recognizes LNG as part of the future energy mix to support renewables.  The Nineteenth Asean Ministers on Energy Meeting Plus Three (China, Japan, Korea) (19th AMEM+3) […]

Qatar
International News

Emir: Qatar Can’t Supply Europe With Gas, Urges End to Conflict Read more: Emir: Qatar Can’t Supply Europe With Gas, Urges End to Conflict | Newsmax.com

September 16, 2022 Clark Savage

The emir of Qatar on Wednesday made an urgent appeal to Russia and the West, saying his nation will not be able to re-supply Europe with enough liquefied natural gas to stave off an energy […]

Italy
International News

Italy must increase LNG capacity in 2023, Eni CEO says

September 15, 2022 Clark Savage

MILAN, Sept 14 (Reuters) – Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni’s (ENI.MI) chief executive said on Wednesday. Italy has already secured additional gas imports from Algeria and […]

U.S. LNG
Coal

U.S. natgas jumps 5% on possible rail strike, higher demand forecast

September 14, 2022 Clark Savage

U.S. natural gas futures jumped about 5% to a near two-week high on Wednesday on forecasts for higher demand over the next two weeks and worries a possible railroad strike could threaten coal supplies to […]

Devon
Finance

This Large U.S. Driller Just Made A Big Move Into LNG

September 13, 2022 Clark Savage

Devon Energy announced its participation in Delfin Midstream last week. Delfin says that it is on schedule to make the FID on the first FLNG vessel by the end of this year. Devon’s move to […]

China
Geopolitical

China is benefitting from LNG sales to Europe as some traders resell non-Russian cargoes at high prices while restocking with cheap Russian fuel

September 13, 2022 Clark Savage

China has become an unlikely supplier of natural gas to energy-strapped Europe, which is scrambling to load up on the fuel ahead of winter after Russia slowed supplies to the region. The unusual development comes as China snaps up cheap […]

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