Processing/LNG

New Pipelines Needed to Bring Appalachia Shales Natural Gas to Gulf Coast LNG Facilities, Study Shows

While other plays near the Gulf Coast are better located to provide natural gas to meet LNG feedstock demand, the Marcellus and Utica can play a relevant role in supplying natural gas to the new LNG facilities located on the Gulf Coast, but additional pipeline capacity will be needed.

Future Looks Bright for LNG in Post-COVID-19 Era

The onset of COVID-19 caused a decline in gas demand of around 4% with a similar decline in the LNG trade. Most forecasts expect gas demand to recover in 2021 to pre-pandemic levels. But what happens thereafter?

China’s 2020 Crude Oil Imports Surged 7.3%

Customs data also showed imports of natural gas, including fuel supplied as liquefied natural gas and via pipeline, reached a record 11.23 million tons in December.

Waha Hub Prices Rise with Permian Highway Pipeline in Service

The Permian Basin basis to the Henry Hub briefly went positive as the Permian Highway pipeline entered service, the U.S. Energy Information Administration’s latest weekly natural gas update announced.

Despite a Late Surge, Oil Ends 2020 Down 20%

Brent and U.S. crude benchmarks have more than doubled from April's nadir as producers cut output to match weaker demand. News of coronavirus vaccine distributions also bolstered prices in the fourth quarter, helping futures recover to the highest in about 10 months.

Energy Sector Could Get Reprieve from ‘Golden Cross’ Chart Signal

Energy could see its fortunes improve in the new year after its price action surfaced a technical buy signal on the charts on Wednesday. The bullish development in S&P 500 energy sector is called a “golden cross,” which is conventionally defined by technical analysts as the 50-day moving price average rising above the 200-day moving average.

LNG Prices Reach 6-Year High as Winter Storm Hits Asia

As an early winter chill grips China, South Korea and Japan, prices for LNG and power are rising due to supply crunches and a surge in demand with more cold weather expected.

China Hits 26% of 2020 Target for U.S. Energy Imports under Trade Deal

China has accelerated imports of crude oil, propane and LNG from the United States since July, but total energy product purchases through October remain far short of targets for 2020 set out in the Phase 1 trade deal with Washington.

Trump Administration Rule Would Reduce Environmental Reviews of LNG Projects

The U.S. Energy Department issued a rule to exclude some licensing of LNG projects from environmental reviews that have been required by law, in a show of support for the fossil fuel industry.

Asia Needs Flexible LNG Deals Not Linked to Oil Prices - India Oil Minister

Asia needs flexible LNG contracts with no links to oil prices to reflect changes to the market as demand recovers from the impact of the coronavirus pandemic, India's oil minister said.

Eni Strikes Deals to Reopen Egypt's Damietta LNG Plant

Italian energy group Eni has struck deals with Spanish gas firm Naturgy and Egyptian partners to resolve disputes over a shuttered gas plant it part owns in northern Egypt.

Mexico Shuts Off Natural Gas Supply to Brazil's Braskem

Mexico has cut off natural gas supply to Braskem's Mexican operations, the company and government said, intensifying a dispute between President Andres Manuel Lopez Obrador and the Brazilian petrochemical company.

Fire Shuts Equinor Gas Processing Terminal, Methanol Plant

A fire at Norway's Tjeldbergodden industrial facility on Wednesday triggered an evacuation of staff and the shutdown of Europe's largest methanol plant and a gas processing terminal, state-controlled oil firm Equinor said.

Simoes Succeeds Gentle as Tellurian CEO

U.S. LNG developer Tellurian said its president and chief executive, Meg Gentle, is leaving the company and will be succeeded by Octavio Simoes, previously executive vice president of LNG Marketing and Business Development.

Exxon, Total in Talks over Mozambique LNG Deal

ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, sources said.

China Hits 26% of Planned 2020 U.S. Energy Imports

China has accelerated imports of crude oil, propane and LNG from the United States since July, but total energy product purchases through October remain far short of targets set out in the Phase 1 trade deal.

Russia's Novatek Starts LNG Ship-to-Ship Operations in Murmansk

Russian gas producer Novatek has started ship-to-ship loadings of LNG near the northern port of Murmansk, following U.S. pressure to stop terminal deliveries in Norway.

Venture Global Delays Plaquemines LNG Export FID to 2021

Sempra Energy's Costa Azul liquefied natural gas plant in Mexico will be the only North American LNG export project to go forward this year now that Venture Global delayed its plan to start on its proposed Plaquemines project in Louisiana until 2021.

First LNG Trains Delivered to Calcasieu Pass from Italy

Venture Global LNG moved a step closer to startup of its Calcasieu Pass LNG export facility with Baker Hughes’ delivery of the first two pre-built liquefaction trains to the project site in Cameron Parish, La.

Mexico Sets Condition for Sempra LNG Export Permit

Mexico will give the local unit of U.S.-based Sempra Energy an export permit for an LNG facility in northwest Mexico, as long as the company helps offset an oversupply of gas in the area, the president said on Friday.

Firm Led by Former Alaska Governor Seeks to Take over LNG Project

Former Alaska Governor Bill Walker said this week he is a founding member of a firm that wants to take over the state's Alaska LNG export project and complete it by March 2028.

Plans for LNG Terminal at German Port Being Reconsidered

A German company said it is re-evaluating plans for a liquefied natural gas terminal in the North Sea port of Wilhelmshaven after failing to receive sufficient commitments from potential customers.

French Power Utility Engie Pulls Out of U.S. LNG Deal

French gas and power utility Engie has pulled out of a major U.S. LNG import deal after government concerns about its environmental implications.

Freeport LNG Loads 100th Cargo

Freeport LNG today announced that it has loaded its 100th LNG cargo, which departed from Freeport LNG's terminal on Saturday.

IEnova Expects Mexican Export Permit for Costa Azul LNG This Year

IEnova, a unit of Sempra Energy, still expects to receive a permit from Mexico for its Costa Azul LNG export facility by the end of the year.

French Government Asks Engie to Delay U.S. LNG Deal Over Environment Concerns — Source

According to a source familiar with the matter, the French government has asked Engie to reevaluate its U.S. LNG import deal over environmental concerns.

FERC Approves Kinder Morgan Acadiana Expansion Project

The U.S. Federal Energy Regulatory Commission has approved Kinder Morgan Louisiana Pipeline’s Acadiana Project.

U.S. LNG Jumps to 20-Month High on Rising Exports, Cold Weather

Natural gas prices in the U.S. jumped to their highest level in nearly two years on Tuesday on higher volumes of LNG exports and forecasted colder weather than previously expected.

IEA Raises 2020 Gas Demand Forecast, Still Expects Record Fall

The International Energy Agency raised its forecast for global LNG demand this year but still expects to see the biggest fall on record due to the impact of the coronavirus pandemic.

U.S. Energy Companies Begin Restoring Oil and Gas Output After Hurricane

Several U.S. oil and gas companies began the process of restarting production at facilities along the country's Gulf Coast on Sunday, two days after Hurricane Delta hammered the area with 100 mph winds.