LNG Archives - Page 4 of 10 - Energy Analytics Institute (EAI)

New Fortress Reports on 2Q:24 Results, Fast LNG

(New Fortress, 9.Aug.2024) — New Fortress Energy Inc. reported its financial results for the second quarter of 2024. Summary Highlights — Adjusted EBITDA(1) of $120mn in the second […]

Pennybacker Acquires Miami LNG Business

(Pennybacker Capital, 9.Jul.2024) — Pennybacker Capital Management, LLC, a real assets investment manager, has entered into a definitive agreement to acquire a small-scale LNG business (Miami […]

Tellurian Closes $260mn Asset Sale, Retires Senior Secured Debt

(Tellurian, 1.Jul.2024) — Tellurian Inc. closed the previously reported sale of its integrated upstream assets for $260mn to affiliates of Aethon Energy Management LLC, fulfilling […]

IGU Releases 2024 World LNG Report

(IGU, 26.Jun.2024) — Despite lower price, the growing global LNG market stays tight amid supply constraints, according to the 2024 IGU World LNG Report. Released […]

Venture Global Launches First Vessel from State-of-the-Art LNG Fleet

(Venture Global, 25.Jun.2024) — Venture Global announced the successful launch of its first LNG vessel, the Venture Gator at a ceremony which took place at the Samsung Heavy […]

Cedar LNG Announces Positive $4bn FID

(Cedar LNG, 25.Jun.2024) — The Haisla Nation and Pembina Pipeline Corporation, partners in Cedar LNG Partners LP, announced a positive final investment decision (FID) on the […]

Shell Inks Deal to Acquire Pavilion Energy

(Shell, 18.Jun.2024) — Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has reached an agreement with Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary […]

NFE Eyes First LNG in Days, First Cargo in July

(Energy Analytics Institute, 14.Jun.2024) — New Fortress Energy (NFE) updated the timing of its first LNG expectation for its first Fast LNG unit located offshore […]

Higher LNG Prices to Limit Asian Demand, WoodMac Says

(WoodMac, 12.Jun.2024) — European gas storage is forecast to reach 100% by the end of September and remain full until the end of October, with […]

Clean Energy Expands Boron LNG Plant Capacity

(Clean Energy, 11.Jun.2024) — Clean Energy Fuels Corp. (NASDAQ: CLNE), the largest provider of the cleanest fuel for the transportation market, announced that construction of a […]

Glenfarne Energy Transition’s Texas LNG Receives Key Local Tax Abatement

(Glenfarne Energy, 6.Jun.2024) — Texas LNG, a four million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal to be constructed in the Port […]

Developer Seeks Permit to Send US Gas to Mexico for LNG Exports

(Reuters, 21.May.2024) — A Mexican energy developer is seeking U.S. permission to export gas to Mexico, turn it into liquefied natural gas (LNG) and send it […]

NextDecade Provides 1Q:24 Business Update

(NextDecade, 9.May.2024) — NextDecade Corporation (NASDAQ: NEXT) provided an update on developmental and strategic activities for the first quarter 2024 and early second quarter 2024. […]

Marathon Oil Reports 1Q:24 Results

(Marathon, 1.May.2024) — Marathon Oil Corporation (NYSE: MRO) reported first quarter 2024 net income of $297mn or $0.52 per diluted share, which includes the impact of certain items not typically […]

EAI’s NRGBriefs: April 2024

(Energy Analytics Institute, 30.Apr.2024) — Energy briefs as well as others related to finance and projects during April 2024 including ExxonMobil, Hess and CNOOC announcing […]

Deals Show Enduring Appeal of US Gas

(Rystad Energy, 19.Apr.2024) — European companies have been cautiously adding to their upstream positions. More deals could follow. Ed Crooks examines the forces shaping the […]

White House Open to Ending LNG Export Pause

(Reuters, 2.Apr.2024) — U.S. officials are open to ending President Joe Biden’s pause on approvals of liquefied natural gas exports to get a Ukraine aide […]

Exmar Released its 2023 Results-PDF Download

(Energy Analytics Institute, 26.Mar.2024) — Exmar released details and highlights related to its activities in 2023 spanning the Marine XII project in Congo to Exmar re-entering […]

Woodside to Divest 15.1% Scarborough Interest to JERA

(Woodside, 23.Feb.2024) — Woodside has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; […]

Mexico Begins LNG Buildout as US Developers Look to South

(Canary Media, 15.Feb.2024) — At least a half-dozen LNG export projects are underway in the country — but whether most are completed will depend on politics […]

Stena RoRo Takes Delivery of E-Flexer RoPax Vessel

(Stena RoRos, 7.Feb.2024) — Today, number ten of the Stena RoRo E-Flexer series was delivered from the CMI Jinling, Weihai Shipyard. The vessel, named Ala’suinu, will […]

Biden’s Gas Export Review has Uncertain Consequences

(The Hill, 30.Jan.2024) — President Biden’s pause on gas export projects may not have significant impacts by itself, energy analysts say. But the changes he’s making […]

Leaders on Biden-⁠Harris Pause on Pending Decisions of LNG Exports

(The White House, 27.Jan.2024) — This week, the Biden-Harris Administration announced a temporary pause on pending decisions for exports of Liquefied Natural Gas (LNG). During this period, […]

DOE Halting LNG Export Projects

(DOE, 26.Jan.2024) — The United States Department of Energy (DOE) today provided notice that it will initiate a process to update the assessments used to […]

Gas Prices Down 45% as 2024 Set to Remain Bearish

(Wood Mackenzie, 17.Jan.2024) — The market sentiment for gas and liquefied natural gas (LNG) will remain bearish into 2024 with European prices having fallen by […]

Exxon to Buy Another 1.2 mtpa of LNG from Mexico Pacific

(Reuters, 16.Jan.2024) — Mexico Pacific said on Tuesday it had reached a deal to supply Exxon Mobil with an additional 1.2 million tonnes per annum […]

Mexico Pacific Inks Optional LNG Offtake with ExxonMobil

(Mexico Pacific, 16.Jan.2024) — Mexico Pacific signed a third long-term Sales and Purchase Agreement (SPA) with ExxonMobil LNG Asia Pacific (EMLAP) for an additional 1.2 […]

S&P Global Releases its 2024 Energy Outlook

(S&P Global, 14.Dec.2023) — Analysts at S&P Global Commodity Insights, an independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, […]

Companies Ask US, EU to Intervene in Venture Global LNG Dispute

(Reuters, 11.Nov.2023) — BP (BP.L), Edison (EDNn.MI) and Shell (SHEL.L) pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the […]

New Fortress to Charter FSRU for LNG Import Terminal in Brazil

(Reuters, 6.Nov.2023) — Liquefied natural gas (LNG) developer New Fortress Energy said on Monday it has signed a deal to charter a floating storage and […]

bp’ 3Q:23 Results: Focused on Delivery [PDF Downloads]

(bp, 31.Oct.2023) — Our results this quarter show how we are making progress on our strategy to transform from an international oil company to an […]

Rowley: LNG Restructuring Saving T&T

(Trinidad Guardian, 27.Oct.2023) — Prime Minister Dr Keith Rowley yesterday described the signing in early December of the agreements to restructure the shareholding in Atlantic […]

Eni Inks Deal to Ensure Further LNG Volumes from Indonesia

(Eni, 26.Oct.2023) — Eni signed a 0.8 billion cubic meters (bcm) LNG sales and purchase agreement with Merakes LNG Sellers, starting from January 2024 for […]

France’s TotalEnergies Reports 3Q:23 Results [PDF Download]

(TotalEnergies, 26.Oct.2023) — Paris-based TotalEnergies reported its financial and operational details for the third quarter of 2023. ____________________

TotalEnergies Commissions its LNG Floating Terminal in the Port of Le Havre

(TotalEnergies, 26.Oct.2023) — TotalEnergies announces the commissioning of the Cape Ann, its floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) located in […]

Venture Global Closes $4bn Senior Secured Notes Offering

(Venture Global LNG, 24.Oct.2023) — Venture Global LNG, Inc. closed its offering of $4bn aggregate principal amount of senior secured notes which have been issued in two […]

Eni Inks LNG Deal Related to Qatar’s North Field East Expansion Project

(Eni, 23.Oct.2023) — Eni signed a long-term contract with QatarEnergy LNG NFE (5), the JV between Eni and QatarEnergy for the development of the North […]

Trinidad Approved to Pay PDVSA

(Welligence, 19.Oct.2023) — Trinidad & Tobago (T&T) has received approval from the US government to pay PDVSA, the Venezuelan NOC, in cash for gas from Venezuela. […]

CNOOC says Train 3 of Tangguh LNG commences production

(CNOOC, 19.Oct.2023, Words: 173) — CNOOC Limited announces that the first LNG cargo from the newly-built liquefaction train (Train 3) of the Tangguh LNG project in Indonesia has […]

Enbridge CEO on LNG to Reduce Emissions, Energy Poverty [PDF Download]

(Enbridge, 6.Oct.2023) — Greg Ebel, President & Chief Executive Officer of Enbridge Inc. (TSX: ENB) (NYSE: ENB) called on Canada to show leadership to the world in lowering […]

Aramco Enters LNG Business by Buying Interest in MidOcean Energy

(Aramco, 28.Sep.2023) — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in […]

Aramco Enters Global LNG Business with $500mn Stake in MidOcean Energy

(Aramco, 28.Sep.2023) — Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in […]

TotalEnergies Issues Strategy & Outlook 2023 [PDF Download]

(TotalEnergies, 27.Sep.2023) — France’s TotalEnergies released its ‘2023 Strategy & Outlook’ report, which highlights themes around “more energy, less emissions, growing cash flow.” ____________________

Mexico’s First LNG Plant to Receive Final Piece in Days

(Reuters, 22.Sep.2023) — The last major piece of infrastructure needed to start production at Mexico’s first floating liquefied natural gas (LNG) plant is set to […]

Venture Global and Baker Hughes Expand Master Equipment Supply Agreement

(Venture Global, 5.Sep.2023) — Venture Global LNG announced its long-term expansion plan to increase production from 70 million tonnes per annum (MTPA) to more than […]

An African Gas Renaissance En Route to a ‘Just Energy Transition’ [PDF Download]

(The Oxford Institute for Energy Studies, 5.Sep.2023) — The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt […]

Shell, Trinidad Weigh Venezuela’s Natural Gas Investment Plans

(Reuters, 5.Sep.2023) — Shell (SHEL.L) and Trinidad and Tobago’s National Gas Company (NGC) are close to agreeing to credit Venezuela’s state-run oil firm for its $1 billion […]

bp Enters LNG Offtake Deal for British Columbia LNG Facility

(bp, 5.Sep.2023) — bp has entered its third long-term liquefied natural gas (LNG) offtake contract from the Woodfibre LNG facility based in British Columbia, Canada. […]

Commonwealth LNG and Baker Hughes In Strategic Deal

(Commonwealth, 21.Aug.2023) — Commonwealth LNG has signed a strategic agreement with Baker Hughes related to Commonwealth LNG’s liquefied natural gas facility under development in Cameron Parish, […]

IGU 2023 World LNG Report [PDF Download]

(IGU, 20.Jul.2023) — The International Gas Union (IGU) presented its 14th annual edition of the IGU World LNG report. ____________________