LNG News Updates

GovernmentBusinessSafetyFuel

Daily Fuel Tanker Costs Eclipse $100,000 for Some in Red Sea

Some oil tanker earnings have soared above $100,000 a day as the disruption of shipments through the Red Sea persists.

January 25, 2024
BusinessFuelLogistics

Deep Freeze Forces US LNG Exporters to Cancel, Delay Cargoes

The recent freeze across Texas and Louisiana disrupted scheduled exports of U.S. liquefied natural gas, temporarily tightening some supply of the heating and power-plant fuel.

January 18, 2024
GovernmentBusinessSafetyFuel

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.

December 20, 2023
GovernmentBusinessFuel

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.

December 12, 2023
GovernmentFuelLogisticsGlobal Freight

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.

November 29, 2023
GovernmentBusinessFuel

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.

November 28, 2023
BusinessTechnologyFuel

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.

October 5, 2022
GovernmentBusinessFuel

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.

September 7, 2022
GovernmentBusinessFuel

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.

April 14, 2022
GovernmentBusinessFuel

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.

May 6, 2021