Wednesday, 2 April 2025

Focus on Liquefied Natural Gas

FILE PHOTO: A trader walks next to Siemens Energy AG logos during Siemens Energy's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 28, 2020. REUTERS/Ralph Orlowski/File Photo
BusinessCourtsInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsPoliticsRegulations

Siemens Energy agrees to settlement with US in case over gas turbine contracts

Siemens Energy to pay $104 million in U.S. settlement over using stolen trade secrets in bids for contracts in 2019.

Utility companies work to restore power in the wake of Hurricane Helene in Perry, Florida, U.S., September 29, 2024.   REUTERS/Kathleen Flynn
BusinessLiquefied Natural GasNatural GasNewsWeather

US natural gas prices ease, power outages from Hurricane Helene reduce demand

A small output increase came as some drillers restarted their Gulf of Mexico production now that Hurricane Helene passed through the area.

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
BusinessFuelLiquefied Natural GasNatural GasNews

Low gas prices, LNG demand in spotlight at Gastech conference

Energy executives, experts and politicians to meet in Houston for Gastech conference as US surpasses Qatar as world's largest exporter of LNG.

A sign is seen at the entrance of the convenience store of a gas station as Tropical Storm Francine intensifies and is on track to become a hurricane before its expected landfall on the U.S. Gulf Coast, in Morgan City, Louisiana, U.S. September 10, 2024.  REUTERS/Marco Bello
BusinessClimateEnvironmentLiquefied Natural GasNews

US Gulf Coast residents flee, oil production shut as Francine intensifies

Energy companies began evacuating offshore workers and shut-in output at several production platforms ahead of the storm.

Pembina Pipeline Corp. logo is shown in a handout. Pembina Gas Infrastructure Inc. has signed a deal to buy a group of midstream assets from Veren Inc. for $400 million.
PGI is owned by Pembina Pipeline Corp. and private equity firm KKR. THE CANADIAN PRESS/HO
BusinessFuelInfrastructureLiquefied Natural GasNatural GasNews

Pembina Gas Infrastructure signs $400M deal to buy midstream assets from Veren

PGI will acquire four batteries in the Gold Creek and Karr areas, which handle natural gas and liquids.

A child plays at Surfside Beach as France-flagged vessel LNG Adventure departs from Freeport, Texas, bound for the Panama Canal, in Freeport, Texas, U.S. July 28, 2023. REUTERS/Marianna Parraga/ File Photo
BusinessEconomyLiquefied Natural GasNewsTrade

US LNG exports rebound in August on higher output from Freeport LNG

U.S. LNG exports rose to 7.48 MT in August as output increased and Freeport LNG resumed operations post-shutdown.

FILE PHOTO: New Fortress Energy's liquefied natural gas (LNG) import terminal is pictured near San Juan, Puerto Rico, July 28, 2022.  REUTERS/Gabriella N. Baez/File Photo
BusinessLiquefied Natural GasNewsTrade

New Fortress Energy receives authorization to export LNG to non-FTA countries

New Fortress Energy said on Tuesday it has received authorization to export liquefied natural gas to non-free trade agreement countries.

Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/ File Photo
BusinessLiquefied Natural GasNews

Venture Global seeks OK to unload first LNG commissioning cargo at Louisiana plant

Venture Global LNG seeks U.S. approval to unload its first LNG commissioning cargo at the Plaquemines plant by Aug. 30.

FILE PHOTO: A Gazprom worker walks next to pipelines at a gas measuring station at the Russian-Ukrainian border in Sudzha near Kursk, some 500 km (311 miles) south of Moscow, December 5, 2008.   REUTERS/Denis Sinyakov//File Photo
Liquefied Natural GasNatural GasNewsPoliticsTrade

Kremlin says Europe will pay more unless gas deal extended

Ukraine gas transit deal will not be renewed, says Kyiv, as Russia warns of higher prices from other sellers.

Gastech 2023 participants gather at the Australia's Woodside Energy's booth in Singapore September 7, 2023. REUTERS/Florence Tan/File Photo
BusinessFuelLiquefied Natural GasNews

Woodside profit beats estimates, flags much interest for Driftwood sale

Woodside Energy profits slump but still beat expectations, while proposed sale of stake in US LNG project sparks interest.

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