LNG Shipping Rates Dip on Lower Demand Despite Red Sea Chaos
It’s getting cheaper — at least for now — to rent a liquefied natural gas tanker despite turmoil in the Red Sea that is forcing some vessels to take longer and more costly routes.
BP Asks Regulators to Aid in Venture Global LNG Cargoes Feud
BP asked U.S. energy regulators to intervene in its fight with Venture Global LNG over liquefied natural gas cargoes, escalating a feud that’s roiled the market for the super-chilled fuel.
Greek Shipping Giant Warns Panama Canal Chaos May Hit Suez
Congestion at the Panama Canal could result in delays at Egypt’s Suez Canal, possibly affecting cargoes of liquefied natural gas, according to an official at Angelicoussis Group.
Stuck Australian Gas Tanker May Spur Global LNG Price Rise
A loaded liquefied natural gas tanker is stuck at an export terminal in Australia and will disrupt some shipments, adding to supply concerns ahead of the Northern Hemisphere winter.
LNG Market Supply to Remain Tight for Years, Top Producers Say
Liquefied natural gas will be in short supply in the coming years as production lags behind surging demand from Europe, according to the world’s top producers of the fuel.
EPA Denies Cheniere Energy Request for LNG Pollution Waiver
WASHINGTON — The Environmental Protection Agency on Sept. 6 denied a request by Cheniere Energy, a leading U.S. producer of liquefied natural gas, to exempt two Gulf Coast plants from a federal air pollution rule.
US Export Bank Approves Plan Seen as Boost for LNG Exporters
The U.S. Export-Import Bank approved a plan April 14 that could yield a flood of financing for U.S. energy ventures, including wind and solar projects, battery manufacturing and terminals to sell LNG overseas.
US LNG Players Tout Carbon Capture in Bid to Boost Green Image
U.S. LNG developers seeking to burnish their green credentials and boost their competitiveness on a crowded global stage are touting a costly and largely untested technology: carbon capture.
Baker Hughes Sees Up to Four LNG Investment Decisions in 2021
Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after last year’s pandemic-induced collapse.
Winter LNG Boom Creates Most Expensive Cargo Ships in History
An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities.