Federal regulators on Tuesday gave Venture Global LNG permission to introduce natural gas into the seventh block of its Plaquemines plant in Louisiana as the company continues to ramp up production of the superchilled gas.
The world's imports of liquefied natural gas are set to jump to the highest in a year in January as Europe's winter demand draws cargoes away from top-consuming region Asia.
US gas producers could gain Asian market share at the expense of Australian exporters in the long run, as countries running a trade surplus with the US, like Japan and South Korea, are compelled to buy more American LNG to avoid Trump’s tariffs,
Distribution services provider Stolt-Nielsen, through its subsidiary Stolt-Nielsen Gas, has signed a share purchase agreement (SPA) to take over shareholding in Avenir LNG from Golar LNG and Aequitas. Big Tech earnings, a key Fed meeting, and Trump's first full week in office: What to know this week
Even so the deal solidifies Venture Global’s place in the public markets with an impressive $50 billion market cap. And it underscores a real feat of wealth creation on the part of cofounders Robert Pender and Mike Sabel, whose holdings in Venture Global now amount to $20 billion, each.
Energy ministers from Belgium, France and Spain, whose ports receive shipments from Russian LNG tankers, have insisted that very little of the gas arriving is used domestically and that most is piped on to other EU countries. In November, Germany ordered its state-operated import terminals to reject any Russian LNG cargoes.
New research findings will disappoint both oil-and-gas companies and environmental groups, write Ben Cahill and Arvind Ravikumar in a guest commentary.
French oil company TotalEnergies CEO Patrick Pouyanné met with Mozambique President Daniel Chapo to discuss a controversial liquified natural gas (LNG) project that has undergone multiple delays, according to Chapo's social media.
Mozambique's President Daniel Chapo has met with Patrick Pouyanne, the chief executive of TotalEnergies, to discuss the company's stalled $20 billion liquefied natural gas project in the southern African country.
Separate from LNG, the sanctions package will propose penalties on more aging oil-exporting tankers operating as part of Russia's so-called shadow fleet, the diplomats added. The EU will target 74 new vessels, two other EU diplomats said.
Golar LNG's 4th Quarter 2024 results will be released before the NASDAQ opens on Thursday, February 27, 2025. In connection with this a webcast