Monday, 21 April 2025

Focus on Freeport LNG

FILE PHOTO: Morning sunlight falls on the facade of the New York Stock Exchange (NYSE) building in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar/File Photo
BusinessEconomyElectricityFuelNewsPolitics

Venture Global aims for $64 billion valuation at debut in test for energy IPOs

Venture Global's shares were indicated to open up to 6% above their offer price in their debut on the New York Stock Exchange...

FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceLiquefied Natural GasNewsTrade

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.

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
FuelLiquefied Natural GasNatural GasNewsPoliticsTrade

Natural gas demand from US LNG export plants heads for first decline in 8 years

The U.S. is the world's largest exporter of the superchilled gas and a key provider of gas to Europe.

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 GasNewsRegulationsTrade

US LNG exports to Europe surge in November on higher prices

U.S. LNG exports to Europe surged in November, with 68 per cent of shipments heading to the continent amid rising gas prices.

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 GasNewsTrade

US LNG exports to rise at smallest pace since 2016

The dollar value of U.S. LNG exports peaked at $47.33 billion in 2022, when prices skyrocketed after Russia's invasion of Ukraine.

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.

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.

A drone view shows rain clouds approaching a damaged residence in the aftermath of Hurricane Beryl in Surfside Beach, Texas, U.S., July 9, 2024.  REUTERS/Adrees Latif
InfrastructureNewsOilResiliencyWeather

Texas power outages hinder Hurricane Beryl recovery, delay oil infrastructure restarts

Critical oil infrastructure in Texas has yet to be restored after state battered by Hurricane Beryl.

People walk in the Houston's southwestern neighborhood as they remove fallen tree branches and debris after Hurricane Beryl, in Houston, Texas, U.S., July 8, 2024. REUTERS/Marianna Parraga
BusinessNewsOilResiliencyWeather

Oil companies in Texas try to restore operations following storm Beryl

Oil and gas companies in Texas are making efforts to restart operations after Hurricane Beryl lashed the state with 80-mph winds.

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