New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the coming years, a senior Exxon Mobil Corp. executive said.
Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centres and AI, a senior executive told Reuters.
Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually,
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could provide relief for gas importers and help pad profits for traders.
The European Union is unlikely to propose a gradual phase-out of Russian liquefied natural gas (LNG) as part of its new sanctions package targeting Russia over its full-scale invasion of Ukraine. Source: Bloomberg,
The European Union is unlikely to propose phasing out Russian liquefied natural gas as part of a new package of sanctions targeting Moscow for its invasion of Ukraine, according to people familiar with the matter.
This is the first major US LNG supply deal since President Donald Trump took office on Monday, and according to the parties, reflects industry confidence in the new administration's pro-energy policie
Venture Global, a producer of liquified natural gas, made its stock market debut on Friday as President Trump plans to boost US energy.
"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an interview Friday.
Venture Global is the second-largest exporter of liquefied natural gas, or LNG, in the United States, and one of Trump's first moves after his inauguration was to sign an executive order to end a moratorium on new LNG export permits, which clears an obstacle to Venture Global's expansion plan.