In this issue
Wednesday, 02 October 2019
MISC Berhad, the Malaysian shipping line with an LNG fleet of more than 30 vessels, has agreed with Nippon Yusen Kabushiki Kaisha (NYK) and Mitsubishi Corp to co-own two new-build…
Monday, 02 September 2019
Free ReadTit-for-tat trade tariffs keep escalating the Sino-U.S. trade war and threaten to delay the second wave of American LNG export projects. Tellurian and other developers are expected to delay final…
Monday, 02 September 2019
Natural gas deliveries to U.S. LNG export plants set a monthly record in July, although gas use for power generation spiked to 44.5 billion cubic feet (Bcf) on July 19.…
Monday, 02 September 2019
The U.S. fracking sector “disappoints yet again” is the bleak verdict of IEEFA’s second quarter earnings review of oil and gas companies. Only 11 of the 29 scrutinized companies achieved…
Monday, 02 September 2019
In the Permian, the gas-to-oil ratio keeps rising at mature shale plays. The mismatch between surging gas production and constrained takeaway pipelines has pushed down gas prices into negative territory,…
Monday, 02 September 2019
Free ReadShale gas is now dominating the overall gas production in the United States and is forecast to reach an average 91.3 Bcf/d in 2019, up 8.0 Bcf/d from the previous…
Monday, 02 September 2019
Venture Global LNG has confirmed the closing of the project financing for its Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana. The proceeds of the debt…
Monday, 02 September 2019
Developers of Commonwealth LNG have filed a formal application with U.S. regulators for a permit to build an 8.4 million tonnes per year export terminal and affiliated feedgas pipeline interconnect…
Monday, 02 September 2019
Free ReadWith Europe’s gas demand forecast to surge nearly 30% to 400 Bcm by 2035, Russia is eager to grow its market share. Eager to top rival suppliers, Gazprom is seen…
Monday, 02 September 2019
Brazilian infrastructure company Prumo Logistica is gearing up to start construction of its second gas power plant at the Port of Acu in Rio de Janeiro state before the end…
Monday, 02 September 2019
Jamaica’s Prime Minister Andrew Holness has confirmed the country is on track to generate half of its electricity from imported natural gas and renewables. The recent commissioning of New Fortress…
Wednesday, 03 July 2019
Capex-intensive Alaska LNG has been given another life-line, with supermajors ExxonMobil and BP committing to spend a further $20 million to help advance the $43 billion Alaska LNG project. Critics…
Wednesday, 03 July 2019
Free ReadTight oil and gas production in the United States could soon become less sensitive to price as super-majors like Chevron and ExxonMobil increase their shale acreage and commit to development…
Wednesday, 03 July 2019
Australian-owned LNG trading platform GLX is now allowing European gas buyers and sellers to access its digital bid-offer system for global spot LNG cargo dealings. U.S. and Russian cargoes are…
News Nudges
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Kinder Morgan boost gas storage capacity in Texas US pipeline company Kinder Morgan has announced plans to expand the working gas storage capacity at its Markham facility in Matagorda County along the Texas Gulf Coast. To that end, it will lease an additional storage cavern under an agreement with Underground Services Markham, part of Texas Brine Company. The cavern will help provide more than 6 billion cubic feet of incremental working gas storage capacity and 650 million cubic feet per day of incremental withdrawal capacity on KMI’s extensive Texas intrastate pipeline system. Anchor shippers have subscribed to approximately half of the available capacity under long-term agreements and the commercial in-service date for the project is January 2024. |
