Sunday, December 22, 2024

Liquefied Natural Gas News

Germany's Wilhelmshaven Terminal offers May LNG Capacity

A Wilhelmshaven LNG Terminal (c) HansPeter Adobestock

Deutsche Energy Terminal (DET) said on Thursday that Germany's Wilhelmshaven liquefied natural gas terminal intends to market capacity for ships to discharge LNG in May 2025…

US LNG Rises 2% on LNG Plant Volume Data

(c) Mike Mareen / Adobestock

U.S. natural gas futures climbed about 2% on Wednesday on rising flows to the nation's liquefied natural gas (LNG) export plants and expectations utilities pulled more gas…

Biden's DoE LNG Export Study Tepid on New Permits

(c) alexyz3d Adobestock

The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying…

DET: Germany's Wilhelmshaven Liquefied natural gas terminal will not operate in Q1

According to its operator, the government-owned Wilhelmshaven terminal in Germany, which was built to address Europe's energy shortage, will not be able to receive any LNG…

Venture Global Louisiana Plaquemines LNG Plant "on track"

(c) Mike Mareen Adobestock

U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana was on track to pull in enough natural gas on Friday to produce first LNG…

Woodside's North West Shelf Project Extension approved by Western Australia

Woodside Energy, Australia's largest oil and gas producer in terms of market value, announced on Thursday that the state of Western Australia had granted Woodside Energy…

OPEC+ Passes on Oil Output Increase, Weighs the "Trump Effect"

(U.S. Air National Guard photo by Tech. Sgt. Darrell Hamm)

It was likely a fairly easy decision for OPEC+ to once again delay plans to increase oil output.The soft state of global demand is by itself sufficient reason to justify…

Pakistan Pushes Qatar LNG Contract with Qatar for a Year

Copyright aerial-drone/AdobeStock

Pakistan has deferred its liquefied natural gas (LNG) contract with Qatar for a year, Petroleum Minister Musadik Malik said, adding that the country will now get LNG cargoes from Qatar in 2026 instead of 2025.A

Poten & Partners addresses Rising LNG Terminal Costs

(c) Mike Mareen / Adobestock

Rising costs of building and equipping new U.S. liquefied natural gas plants will reduce the competitiveness of U.S. gas exports, LNG analysts at Poten & Partners predicted…

LNG traders divert cargoes to Asia from Europe as demand in the east increases

Analysts and shipping data indicate that three LNG cargoes bound for Europe were diverted to Asia in order to meet the stronger Asian demand, and because gas prices have decreased in Europe.

What impact Trump's tariffs on commodities and energy might have

President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement…

Woodside: LNG Market to Grow by 50% in Next Decade

LNG carrier at sea (c) Moofushi / Adobestock

Australia's Woodside Energy WDS.AX expects the global market for liquefied natural gas (LNG) to grow by 50% in the coming decade, its CEO said on Tuesday."Over the last decade the LNG market grew by 50%.

Eni, the Italian LNG company, is preparing a second floating LNG plant for Congo

Eni, the Italian energy company, announced on Saturday that it had launched in the shipyard of Wison Heavy Industry in Nantong in China the hull of Nguya Floating Liquefied Natural Gas facility…

Germany Preps for More FSRU Vessels

Copyright Timon/AdobeStock

Germany is expanding its natural gas import options to replace Russian supply. Following are updates on key facilities and terminals being developed to host floating storage…

US natgas exports to LNG plants are on track to reach a 9-month high

According to data provided by financial firm LSEG, the amount of gas going to seven large U.S. liquefied gas export plants is on track to reach a new nine-month record on Thursday.

Angola LNG is considering expansion as gas supply increases

Angola Liquefied Natural Gas is looking at future expansion options, including adding a three-million-metric ton mini train, as gas supplies ramp up in the plant over the next year.

Commodities Weigh Trump Win, Tariff Threats

Copyright GestureShot/AdobeStock

Commodities reacted with trepidation to the election of Donald Trump to a second term as U.S. President, with most losing ground over fears the global economy will be hit…

Origin Energy's APLNG revenues rise on higher gas prices and sales

Origin Energy, a company based in Australia, reported a sequential increase in revenue for its first quarter from its stakes in the Australia Pacific Liquefied Natural Gas (APLNG)…

Italy's largest insurance company expands its oil and gas exclusion list

Generali, an Italian insurer, will not provide new insurance to companies that are involved in the transportation, processing, and distribution of oil and gas if their energy transition plans are inadequate…

Prabowo wants to increase Indonesia's energy independence through biofuels and oil and gas reforms

Officials have stated that Indonesia's new Government aims to revitalize oil and gas production. They plan to reduce regulations, reactivate inactive wells, and increase…