Archive for the ‘Markets’ Category
The US Department of Energy has approved Magnolia LNG LLC’s application to export LNG to countries that do not have a free-trade agreement with the US, DOE’s Fossil Energy Office said in a Dec. 6 Federal Register notice.
Venezuela on Dec. 5 reportedly will sign an agreement with neighboring Trinidad and Tobago to supply the Caribbean twin-island nation with as much as 500 MMcfd of natural gas from its fields in the Mariscal Sucre region.
Energy reform bill compromise stalled, House committee official says
November 30th, 2016 by Latest News
Prospects for a joint US House-Senate conference to send compromise energy-reform legislation to the White House before yearend are growing dim because so many significant disagreements have remained unresolved, a House Natural Resources Committee offi…
Today’s low natural gas prices and abundant supplies do not reflect inherent inflexibilities in global LNG markets, according to the International Energy Agency’s first Global Gas Security Review.
Accelerating LNG exports is lame-duck session priority, lawmakers say
November 15th, 2016 by Latest News
Passing legislation aimed at accelerating US LNG exports is a priority in the 115th Congress’ lame-duck session that’s just getting under way, three federal lawmakers said on Nov. 15.
Eastern European ambassadors call for expedited US LNG export process
November 14th, 2016 by Latest News
Ambassadors to the US from seven Central and Eastern European nations asked US congressional leaders to support legislation that would address the US Department of Energy’s review process and expedite LNG exports to their countries.
Eastern European ambassadors call for expedited US LNG export process
November 14th, 2016 by Latest News
Ambassadors to the US from seven Central and Eastern European nations asked US congressional leaders to support legislation that would address the US Department of Energy’s review process and expedite LNG exports to their countries.
Chevron Corp. has encountered a $5-billion cost blow-out with its Wheatstone LNG project in Western Australia.
BP Trinidad & Tobago’s Regional Pres. Norman Christie confirmed that Trinidad and Tobago has lost billions of dollars in potential revenues because of the contractual arrangements between the Caribbean twin-island nation and partners in the Atlantic LNG (ALNG) venture surrounding LNG exports.
Reconfigured LNG markets are creating major uncertainties, book says
September 29th, 2016 by Latest News
Global LNG markets, which have changed dramatically over the last few years, have created uncertainties that producers and customers will have to address, contend authors of a recent report.