In this issue

 

Antero Resources, with stakes in the Marcellus and Utica Shales, said it signed a 10-year agreement with the US unit of Japanese utility Chubu Electric Power to provide 70,000 MMBtu/day…
Two Houston-based companies, Targa Resources Partners and Sanchez Energy Corp., are planning to build a liquefied natural gas processing plant and feed-gas pipelines in the first LNG project targeting resources…
Tuesday, 01 December 2015
Gloomy predictions by Moody’s low global LNG prices anticipate that most of the 30 proposed liquefaction projects in North America will be cancelled. The collapse in oil prices narrows the…
Collapsing Henry Hub gas prices have shed 30% since recent high, making the US LNG exports more attractive. According to Morgan Stanley analysis, the US LNG price still shows a…
Though Shell's acquisition of BG is creating the world's largest LNG seller, Wood Mackenzie believes that regardless of the Tepco/Chubu merger, the buy-side is getting more fragmented.
ConocoPhillips, operator of the small-scale Kenai LNG export plant in Alaska, has filed an application with the US Department of Energy for authority to export cargoes to Free Trade Agreement…
Despite the fall in global oil and gas prices, growth of LNG use in Asia's power sector is limited by coal. "Only very competitively priced LNG has a chance to…
Gas Natural Fenosa has increased its interest in Metrogas of Chile, lifting its shareholding to more than 60% in the utility that also holds 20% of the South American country's…

News Nudges

Chevron decarbonises LNG fleet

Chevron has signed an agreement with Sempcorp Marine Repairs & Upgrades to help reduce the carbon-intensity of its LNG fleet operations. The tankers will be retrofitted with new technologies such as a reliquefication system, hull air lubrication and new gas compressors. These measures expected to reduce cargo boil-off, lower fuel consumption and increase volumes of cargo delivered.


Shell’s profits double

Global energy major Shell said its adjusted earnings in the final three months of 2022 had more than doubled to $39.9 billion on the back of soaring oil and gas prices in the wake of Russia’s invasion of Ukraine. Shell posted its record earnings just days after US-based Exxon Mobil announced annual profits of $55.7 billion.