In this issue

 

Canada's Whitecap Resources has agreed to deliver 50,000 MMBtu/day — equivalent of five LNG cargoes annually to the British utility Centrica starting from April 2028. The price of the delivered…
• January-February exports amounted to 20.08MMt • Down by 1.56MMt (-7pct) from November-December period • Shipments up by 2.98MMt (17pct) over period year-on-year • Comb. US LNG capacity utilisation at 101pct for the…
Tuesday, 10 March 2026
Period between 1 January 2026 and 28 February 2026, inclusively
Energy Aspects remains bearish against JKM–TTF Q1 26 spreads amid dwindling freight rates. Some recent fixtures for two-stroke LNG vessels in the Atlantic basin fell below $100,000 per day, opening…
US midstream company Energy Transfer is targeting financial close on its 16.5 mtpa Lake Charles LNG project in early 2026, having secured sufficient offtake commitments to underpin project finance.
Not a single US LNG cargo transited the Panama Canal during the first three weeks of November, according to S&P Global Commodities at Sea data, as the arbitrage window prompted…
Aktor Group’s joint venture with Greece’s state run gas supplier Depa Commercial has signed a supply deal with Venture Global to import US LNG to Greece for domestic use and…
American LNG exports have sustained their record volumes in December — as sellers sought to match or exceed November’s peak of 10.7 mtpa — in a quest to cash in…
The US Federal Reserve’s interest rate cut has had little effect on oil and LNG prices and related demand as uncertainty about the macro-economic outlook stays high. “For commodity markets,…
Glenfarne has signed a definitive agreement to supply 1 mtpa of LNG to the South Korean trading house POSCO International over 20 years from its planned 20 mtpa Alaska LNG…
Swiss commodity trading house Gunvor is in talks to buy US upstream acreage – notably Baytex Energy assets in the Eagle Ford Shale — in a bid to mend relations…
The US Federal Energy Regulatory Commission (FERC) has approved Trans-Foreland Pipeline Co.’s request for more time to convert the dormant Kenai LNG terminal from an export to an import facility, according…
Qatar is progressing to expand its LNG production from 77 to 142 million tonnes per annum (mtpa) in-country. QatarEnergy CEO Saad Al-Kaabi announced the first new mega-train from the North…
Galveston LNG Bunker Port has signed a Heads of Agreement with an international shipping company to supply LNG as marine fuel starting from 2029.

News Nudges

Canada to export Alberta oil via BC

Canada has moved closer to unlocking a new Pacific Coast crude outlet from Alberta while fast-tracking British Columbia LNG projects with the aim of tripping LNG production and export beyond 2030. Prime Minister Mark Carney said a proposed pipeline capable of carrying about 1 million barrels per day could begin construction in September 2027, as Ottawa and Alberta lined up support for the project. The route would run through southern British Columbia to the Pacific coast, giving Canadian crude a shorter path to Asian buyers and reducing reliance on the United States, officials said. The new pipeline, with 1 million barrels per day throughput, could turn Canada into a global oil exporter — in addition to LNG. British Columbia already has several LNG projects at different stages, including LNG Canada in Kitimat, Woodfibre LNG near Squamish and expansions tied to Tilbury LNG and related pipeline infrastructure. Together, the Alberta-to-BC pipeline plan and LNG acceleration signal a broader federal strategy to scale up Canada’s energy exports without depending solely on U.S. demand. Canada used to sell almost its entire surplus oil and gas production to its large southern neighbour.