LNG News Updates

Business, Fuel

Natural Gas Nears $2 Amid Work on Largest US Export Terminal

Natural gas futures slid toward $2 per million British thermal units, a level that hasn’t been breached in three years, as fading summer heat and maintenance on the largest U.S. export terminal leave the market struggling to absorb a barrage of supply from shale basins.

August 5, 2019
Business, Fuel, Logistics, TCA

Cameron LNG Poised for First Export Shipment With First LNG Tanker

Cameron LNG is poised to load its first export shipment of liquefied natural gas after the arrival of the first LNG tanker at its Louisiana facility.

May 29, 2019
Government, Business, Logistics

Trump Said to Consider Waiving US Ship Mandate for Natural Gas

President Donald Trump is considering waiving the requirement that only U.S.-flagged vessels can move goods from American ports to Puerto Rico or energy-starved areas of the Northeast, according to sources familiar with the deliberations.

April 24, 2019
Business, Fuel

Chevron to Buy Anadarko in $33 Billion Bet on Permian Oil, LNG

Chevron Corp. agreed to buy Anadarko Petroleum Corp. in a $33 billion deal that adds U.S. shale oil and African liquefied natural gas and puts it in the top ranks of the world’s largest energy companies.

April 12, 2019
Business, Fuel, Logistics

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.

February 25, 2019
Government, Business, Technology, Fuel

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.

February 14, 2019
Business, Logistics

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.

January 29, 2019
Business, Fuel, Logistics, TCA

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.

January 9, 2019
Government, Business, Fuel

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.

December 28, 2018
Government, Business, Fuel

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.

November 15, 2018