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Energy Transfer, SK Gas ink 18-year Lake Charles LNG supply deal

U.S. firm Energy Transfer will supply LNG to South Korean firm SK Gas from its Lake Charles LNG export facility under an 18-year deal,...
Oil tanks

Why U.S. oil companies aren’t rushing to increase production

Oil and gasoline prices continue to climb, and energy company profits are surging. President Biden, who came into office promising to reduce the use...

Energy Department OKs additional LNG exports from future Louisiana terminal

The Energy Department on Wednesday authorized additional exports of liquefied natural gas from planned terminals in Texas and Louisiana, reports The Associated Press. The orders...

New Fortress Energy seeks permits for offshore LNG terminal

New Fortress Energy Inc. announced last week that it has filed applications with the U.S. Maritime Administration, the U.S. Coast Guard and U.S. Department...

Cheniere’s Louisiana, Texas LNG plants gain DOE approval for more exports

The U.S. Department of Energy has given a liquefied natural gas exporter operating in Louisiana and Texas permission for additional sales to every country...

Shell sees global LNG trade nearly doubling by 2040

Shell's recently released LNG Outlook predicts global LNG demand will "cross 700 million tons a year by 2040,” a 90% increase from 2021, Reuters...

Loren Scott to petrochemical industry: Expect ‘cheap’ natural gas

The Capital Region’s petrochemical industry likely will continue to benefit from low domestic natural gas prices over the next two years, economist Loren Scott...

How companies are changing their shipping to ease supply chain issues

The pandemic created a global supply chain backlog that has lasted for months, but some companies are beginning to find long-term solutions to get...
Cameron LNG

LNG export terminal utilization remains robust despite price declines

Overall, U.S. LNG export activity remained robust with cargo values almost four times higher than at the same time a year ago, despite recent...

Foreign LNG demand sends buyers flocking to Gulf Coast

Outside interest in American natural gas is surging, with LNG developers along the Gulf Coast landing a record number of contracts this year, boosting...

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