Friday, 21 February 2025

Focus on Liquefied Natural Gas

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump gestures as he speaks during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado//File Photo
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Trump to end need for some LNG export permit renewals, sources say

Trump plans to end LNG export permit renewals, aiming to boost projects stalled by Biden's restrictions, sources reveal.

Chris Wright, U.S. President-elect Donald Trump’s nominee to be secretary of energy, testifies during a Senate Energy and Natural Resources Committee confirmation hearing on Capitol Hill in Washington, U.S., January 15, 2025. REUTERS/Elizabeth Frantz
ElectricityEmissionsLiquefied Natural GasNatural GasNewsNuclear PowerOil

Trump’s energy department pick calls for more LNG and nuclear power

Trump's Energy Department pick, Chris Wright, prioritizes expanding U.S. energy production.

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Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports

Will the EU shun Russian gas by 2027, or could peace spark a U-turn, reshaping Russia’s gas export strategy?

FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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LNG exporter Venture Global targets up to $110 billion valuation in blockbuster US IPO

Venture Global targets a $110.38B valuation in its IPO, set to capitalize on surging global LNG demand in 2025.

Shell’s liquefied natural gas production dropped in the final quarter of last year (Yui Mok/PA)
BusinessClimateEmissionsEmissions MarketsEnvironmentLiquefied Natural GasNatural GasNewsOilVoluntary Carbon Markets (VCMs)

Shell warns of £1bn cash hit from emissions certificates payments

The energy major said on Wednesday that the charge is “related to timing of payments of emissions certificates” in Germany and the US.

FILE PHOTO: A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse/ File Photo
BusinessLiquefied Natural GasNews

Shell warns of weaker fourth quarter LNG, oil trading

Shell trimmed its LNG production forecast for the quarter to 6.8-7.2 million metric tons, from a previous forecast of 6.9-7.5 million tons.

FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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Trump promised swift action on LNG exports, but advisers preaching patience

Trump advisers urge a patient approach to LNG export approvals to avoid rapid approvals being overturned in court.

FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo
BusinessEconomyLiquefied Natural GasNewsPoliticsTrade

U.S. LNG exports soar in December, lifting full-year growth by 4.5%

U.S. LNG exports hit near-record 8.5 MT in December, boosting 2024 shipments 4.5 per cent amid new plant startups, LSEG reports.

Map of Europe showing operational LNG import terminals, pipelines and transmission networks (AFP)
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End of Russian gas via Ukraine sparks unease in eastern Europe

Ukraine has halted Russian gas transit to Europe, prompting Moldova's state of emergency and Slovakia's threats of retaliation.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo/File Photo
BusinessEconomyInfrastructureLiquefied Natural GasNewsTransmission

US LNG gas demand hits record high on last day of the year

U.S. LNG demand hit a record 15.2 bcf on New Year's Eve, with forecasts predicting growth to 17.8 bcf in 2025 amid new...

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