Sempra, the US utility whose LNG unit Sempra Infrastructure owns Cameron LNG in Louisiana and other projects in Mexico, has taken a positive final investment decision to build the Port Arthur liquefaction and export plant in Texas.
Free ReadGaztransport and Technigaz (GTT), the French LNG storage technology company for shipping and onshore, has created a new smart-shipping brand from subsidiaries based in Singapore and Iceland. The brand merger of the units is under the name Ascenz Marorka, taking the name of the Singaporean company Ascenz and the Europe-based…
Vitol, the world’s largest independent energy and commodities firm, said its traded liquefied natural gas volumes increased slightly to 17.6 million tonnes during 2022 and with 67 percent sold to Europe in the fourth quarter.
Chinese liquefied natural gas imports dropped by almost 12 percent in January and February compared with the same period of 2022.
Dynagas LNG Partners, the owner of six liquefied natural gas carriers and mostly involved in Russian cargo liftings, reported an increase in net income for 2022.
Intercontinental Exchange, the leading global provider of energy trading platforms for futures and options, reported record Open Interest across its global commodity and energy futures and options markets, including European natural gas and with record volumes also seen in oil options.
Free ReadNew Fortress Energy Inc. the US developer of floating LNG production and import terminal and power projects, has signed agreements to provide gas-fired power and natural gas to the US Caribbean territory of Puerto Rico. NFE said its Puerto Rican subsidiaries, NFE Power PR and NFEnergia, had entered into agreements…
European natural gas prices and LNG values of the Dutch Title Transfer Facility (TTF) fell by more than 5 percent on the week while the Japan-Korea Marker for spot cargoes remained solid as other energy markets including crude oil dropped towards mid-2021 levels amid mixed economic and demand signals.
The US Department of Energy has published its latest LNG monthly export data showing that the United Kingdom and France are consolidating their lead over China in the overall list of countries receiving the most cargoes.
Free ReadNextDecade Corp., the developer of the Rio Grande LNG export project on the Brownsville Ship Channel in Texas, has amended its engineering contract agreement with US company Bechtel Energy to extend the price validity. The engineering, procurement and construction contract with Bechtel for the building of the first three liquefaction…