Sunday, 19 January 2025

Focus on Venture Global LNG

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: 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.

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...

FILE PHOTO: A tree decorates the lounge of Houston-based liquefied natural gas company Cheniere during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo
FuelLiquefied Natural GasNewsRail

Cheniere produces first LNG at Corpus Christi Stage 3 project

Cheniere has played a key role in helping the U.S. become the world's largest exporter of LNG.

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: 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
FuelLiquefied Natural GasNatural GasNews

Venture Global’s Plaquemines plant to produce first LNG ahead of controversial long commissioning

U.S. regulators gave Venture Global permission on Thursday to commission its sixth of 18 blocks at Plaquemines.

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

Venture Global says new LNG environmental review unnecessary

Venture Global criticizes FERC's call for extra environmental review of its CP2 LNG project, claiming standards are met.

FILE PHOTO: A general view of oil drilling equipment on federal land near Fellows, California, U.S.
LegislationLiquefied Natural GasNatural GasNewsOilPoliticsRegulationsTradeTransmission

Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say

Trump's team plans an energy package to boost LNG exports and expand U.S. oil drilling on coasts and federal lands.

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
AnalysisBusinessEconomyLiquefied Natural GasPoliticsRegulations

US LNG developers see Trump win lifting pall over expansions

U.S. LNG developers expect Trump's win to fast-track export permits, easing Biden-era DOE reviews focused on climate impacts.

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.

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