Tag

Lng

All articles tagged with #lng

energy18 days ago•7 min saved

EU’s Russian gas ban aims for a lasting shift, but loopholes could blunt impact

The European Union approved a long-promised ban on Russian gas to cement a shift away from Moscow, with LNG fully banned by January 2027 and pipeline gas phased out by September 2027, but national security clauses, legal challenges, and loopholes such as gas laundering via Turkey, re-exports through the Western Balkans, and opaque origin tracking could delay or dilute the impact. Experts say the move signals a lasting structural shift that will erode Russia’s revenue and leverage over time, even if near-term price effects are muted.

via The Kyiv Independent|

#energy #energy-security #eu-energy-policy

technology18 days ago•4 min saved

SpaceX's Starbase expansion nearly doubles launch site, enabling Pad 1 overhaul and LNG facilities

SpaceX has won approval to nearly double the Starbase launch site footprint, enabling the ongoing Pad 1 redesign, a new flame trench with CFA piles, and space for LNG liquefaction and expanded ground-support infrastructure as part of a lengthy, phased expansion overseen by the US Army Corps of Engineers.

via NASASpaceFlight.com -|

#launch-site-expansion #lng #pad-1-redesign

world21 days ago•6 min saved

Germany eyes Gulf pivot to diversify energy and trade away from the US

Chancellor‑designate Friedrich Merz travels to Saudi Arabia, Qatar and the UAE to broaden energy and trade ties, aiming to cut Germany’s growing reliance on US LNG and on China, while pursuing investment and defense partnerships as part of a broader pivot to Middle East partners in a new era of great-power politics.

via politico.eu|

#energy-diversification #friedrich-merz #germany

energy1 month ago•31 min saved

Cold Weather, LNG Demand Lift U.S. Natural Gas Prices, Analysts Say

U.S. natural gas rose to about $3.50/MMBtu as colder weather boosts heating demand, and steady LNG purchases plus short-covering support prices; there’s no sign of a supply disruption and U.S. production/storage remain comfortable, with longer-term forecasts offering mixed outlooks depending on winter weather and demand.

via Rigzone|

#energy #energy-markets #henry-hub

business1 month ago•2 min saved

Mitsubishi to buy U.S. shale gas assets in $7.5B deal to expand LNG footprint

Mitsubishi Corporation will acquire Aethon Energy Management LLC's U.S. shale gas assets in Texas and Louisiana for about $7.53 billion (roughly $5.2 billion in equity and $2.33 billion in debt) to bolster its natural gas and LNG earnings and accelerate an integrated U.S. value chain from upstream gas development to power generation and related businesses; the assets are expected to add about the same LNG capacity Mitsubishi already has (roughly 15 million metric tons per year), effectively doubling its LNG output.

via CNBC|

#aethon-energy-management #business #lng

environment1 month ago•5 min saved

South Korea's Climate Goals Clash with US LNG Push

South Korea aims to reduce coal reliance and cut emissions by 2040, but its plans to increase US LNG imports for energy security may conflict with its climate goals, raising concerns about a potential shift from coal to fossil fuels rather than a true green transition.

via AP News|

#climate-pledges #coal-power #environment

industry2 months ago•1 min saved

Gas Industry Transition Set for December 2025

The global gas industry remains optimistic about its future role in supporting growth and social progress, with a special focus on LNG innovations and upcoming industry events like LNG2026 in Doha, Qatar.

via International Gas Union|

#energy-transition #gas-industry #industry

world3 months ago•3 min saved

IEA Predicts Continued Oil Demand Growth Until 2050 Amid Renewable Supply Boom

The International Energy Agency predicts that global oil and gas demand could continue to grow until 2050 under current policies, with no peak expected before then, and warns that the world is unlikely to meet the 1.5°C temperature rise limit without significant technological advancements. Despite recent shifts towards clean energy, existing policies suggest energy demand will increase, and LNG capacity is set to expand significantly, driven by rising power sector needs and data center growth.

via Reuters|

#climate-goals #energy-transition #iea

business5 months ago•16 min saved

Sempra Sells $10 Billion Stake in Infrastructure Unit to Fuel Growth and Expansion

Sempra announced strategic actions including selling a 45% stake in Sempra Infrastructure Partners for $10 billion, which enhances its financial strength and supports its goal of becoming a leading U.S. utility growth business. The company also reached a final investment decision for Port Arthur LNG Phase 2, with commercial operations expected in 2030-2031, and updated its EPS guidance for 2025 and 2026.

via Sempra|

#business #infrastructure #lng

business5 months ago•2 min saved

Exxon CEO Expresses Concerns Over EU Climate and Recycling Regulations

Exxon CEO expresses pessimism about Europe's strict ESG and climate reporting rules, which could impact US LNG exports to Europe. While Europe aims to balance climate goals with energy needs amid high prices and geopolitical tensions, Exxon is concerned that current regulations may hinder long-term deals and economic viability. The CEO advocates for repealing some legislation, criticizing Europe's approach as ideologically driven and confusing.

via Semafor|

#business #climate-policy #esg-rules

world5 months ago•4 min saved

Canada's Carney Launches Key Projects to Boost Economy and Infrastructure

Canada's Liberal government announced a series of major national projects including LNG expansion, nuclear, port, and mineral mines to boost the economy and counter US trade tensions, notably excluding new oil pipelines, which has sparked political debate and environmental concerns.

via The Guardian|

#canada #economic-projects #environment

business6 months ago•2 min saved

Shell's Legal Battle with Venture Global Ends in Loss

Venture Global won an arbitration case against Shell and other energy companies, defending its practice of selling LNG on the spot market before its Louisiana facility was fully operational, which could influence future LNG contract disputes. Despite the win, Shell expressed disappointment, emphasizing the importance of trust in long-term LNG contracts.

via Financial Times|

#arbitration #business #contracts

business7 months ago•1 min saved

EU-U.S. Energy Deal Faces Challenges Amid Market Uncertainty

LNG stocks surged after the EU agreed to buy $750 billion worth of US energy, including LNG, to reduce dependence on Russian gas, as part of a broader US-EU trade deal involving tariffs and investment.

via CNBC|

#business #energy-security #eu

world7 months ago•2 min saved

EU's Energy Deals with US: Shifting Dependencies and Ambitious Goals

The EU and US have a new trade agreement where the EU commits to purchasing $750 billion worth of US energy over three years, aiming to reduce dependence on Russian fossil fuels, especially LNG, amid ongoing geopolitical tensions. The deal signifies a major shift in energy sourcing for Europe, although specific implementation details remain unclear.

via Axios|

#eu #lng #russian-fuels

business8 months ago•12 min saved

Cheniere Approves $2.9B Expansion of Corpus Christi LNG Project

Cheniere Energy announced a positive final investment decision on the Corpus Christi Midscale Trains 8 & 9 project, which will increase the company's LNG capacity by over 10% to more than 60 million tonnes per annum by 2028, and plans to deploy over $25 billion through 2030 for growth, share repurchases, and dividends, with an expected dividend increase of over 10%.

via Cheniere|

#business #capacity-expansion #cheniere