Excelerate Energy ‘Open for Business’ When Natural Gas Prices Spike
A red-hulled tanker is drifting in Massachusetts Bay, trying to capitalize on the two-month window when natural gas in this region can become the most expensive in the United States, and sometimes the world.
Los Angeles Nixes Plan to Upgrade Three Natural Gas Generators
Los Angeles will ditch a plan to spend billions rebuilding three natural gas-fired power plants as the city moves toward getting all of its electricity from renewable energy.
As China Reduces Pollution, Value of Vessels Transporting LNG Increases
The world’s biggest shipbuilder sees China’s cleanup of its smoggy skies lifting prices of the vessels this year.
Crowley Launches Second LNG Cargo Vessel
Taino’s arrival gives Jacksonville a fourth cargo ship powered by natural gas for Puerto Rico shipments, putting the port at the vanguard in using a fuel source that only recently became tried and tested in cargo ships. Jacksonville-based Crowley Maritime owns two of the ships.
Amid an Export Boom, the US Is Still Importing Natural Gas
The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting new imports. A tanker with fuel from Nigeria is sitting near the Cove Point import terminal in Maryland, while a second ship with Russian gas is idling outside Boston Harbor.
Natural Gas Holds Gains After Biggest Jump in Eight Years
Natural gas took a breather after its biggest gain in eight years as forecasts for lingering U.S. cold spurred concern supplies may not be enough to meet winter demand.
Crowley Maritime Christens LNG-Powered Cargo Ship
Fair winds and following seas greeted El Coqui — hailed as the future of modern maritime trade with its cleaner-burning liquefied natural gas engines and cutting-edge technology — as she sailed Oct. 20 from Jacksonville with cargo bound for Puerto Rico.
Shipping Costs for Liquefied Natural Gas Expected to Rise
Liquefied natural gas shipping costs will increase, driven by rising charter rates, higher fuel costs and the growth in interbasin trade flows, according to estimations by Fitch Solutions Macro Research.
Melting Arctic Ice Opens New Energy Trade Route
A new trade route for energy supplies is opening up north of the Arctic Circle as some of the warmest temperatures on record shrink ice caps that used to lock ships out of the area.
August 28, 2018Trump Trade Spat Threatens US LNG Exporters
PetroChina, a unit of the state-owned China National Petroleum Corp., may suspend its buying of U.S. liquefied natural gas cargoes during the colder months, just as new American LNG terminals start up.