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“Gasmaggedon” Sweeps Over Global Gas Market
“Gasmaggedon” Sweeps Over Global Gas Market China’s state-owned gas importers are considering declaring force majeure on LNG imports, which would amplify the turmoil in global gas markets. LNG prices have already plunged to their lowest levels in a decade in Asia as the ramp up of supply in 2019 came at a time when demand has slowed. […]
Green Myths Canada’s LNG Sales Force Tells the World
Green Myths Canada’s LNG Sales Force Tells the World No, methane’s no fix for global coal-fired energy. Here’s why. Representatives of the British Columbia, Alberta and federal governments are making the global rounds these days to sell the notion that liquefied natural gas exports can help the climate crisis. Dave Nikolejsin, deputy minister of the […]
‘Clean’ natural gas is actually the new coal, report says: Don Pittis
‘Clean’ natural gas is actually the new coal, report says: Don Pittis Global investment of more than $1 trillion in planned LNG plants at risk There’s no question that when you burn it, methane, the main component of natural gas, is much cleaner than coal. With that in mind, you might think a newly released report […]
Latest Weapon of US Imperialism: Liquified Natural Gas
Latest Weapon of US Imperialism: Liquified Natural Gas One of the most important energy battles of the future will be fought in the field of liquid natural gas (LNG). Suggested as one of the main solutions to pollution, LNG offers the possibility of still managing to meet a country’s industrial needs while ameliorating environmental concerns caused by other energy sources. At […]
Multipolar World Order in the Making: Qatar Dumps OPEC
Multipolar World Order in the Making: Qatar Dumps OPEC The decision by Qatar to abandon OPEC threatens to redefine the global energy market, especially in light of Saudi Arabia’s growing difficulties and the growing influence of the Russian Federation in the OPEC+ mechanism. In a surprising statement, Qatari energy minister Saad al-Kaabi warned OPEC on Monday December […]
Natural Gas Skyrockets As China Pledges Huge Supply Boost
Natural Gas Skyrockets As China Pledges Huge Supply Boost With an eye on last winter’s natural gas supply debacle, Chinese state-owned energy giant CNOOC has pledged a 20 percent rise in gas supply, the company said on Tuesday. The company, one of three state-run oil majors, said that it will supply 24.6 billion cubic meters […]
Nord Stream 2 Could Still Be Derailed By U.S. Sanctions
Nord Stream 2 Could Still Be Derailed By U.S. Sanctions The potential for more tensions in relations between the U.S. and Russia continue to mount. Late last week, U.S. Energy Secretary Rick Perry said that Washington could still impose sanctions related to the building of the controversial Nord Stream 2 pipeline, which would bring Russian […]
Germany Admits it Needs More from Russia than Nordstream 2
Germany Admits it Needs More from Russia than Nordstream 2 During the years the U.S. and its satraps in Poland and the Baltics fought the Nordstream 2 pipeline it was always apparent Germany was in the driver’s seat. It was also apparent that this would be the wedge issue that would ultimately force Germany to […]
Is The U.S. Using Force To Sell Its LNG To The World?
Is The U.S. Using Force To Sell Its LNG To The World? The Trump Administration trade policy is nowhere so clear as in the energy area. For years it was thought that the younger Bush Administration was one of the most energy industry friendly in history. But the Trump Administration has gone far beyond that. […]
Australia Looks To Tackle Its Looming Gas Shortage
Australia Looks To Tackle Its Looming Gas Shortage In a strange about-face for the world’s soon to be top liquified natural gas (LNG) exporter, Australia is now considering importing the fuel. On Monday, ExxonMobil, Australia’s top gas supplier, said it is considering importing the super-cooled fuel to help offset an anticipated gas shortage from 2021 […]
Huge Chinese Demand Fuels The Next U.S. Gas Boom
Huge Chinese Demand Fuels The Next U.S. Gas Boom China’s push for cleaner air and fuel is driving an unprecedented demand for natural gas, and the United States is well-positioned to seize this opportunity and export even more of its growing gas production to the thirsty nation. U.S. companies have plans for even more liquefied […]
Momentous Shift in US Natural Gas, with Global Consequences
Momentous Shift in US Natural Gas, with Global Consequences And this is just the beginning. The year 2017 was when the US became a net exporter of natural gas for the first year in history. The production of natural gas has been surging since 2007, when fracking turned into a boom, whittling away at the […]
Something Unexpected Just Happened In LNG Markets
Something Unexpected Just Happened In LNG Markets In the increasingly topsy-turvy world of liquefied natural gas (LNG) markets, the world’s largest LNG importer could soon be exporting the super-cooled fuel to the world’s second largest LNG exporter – a situation unimaginable, even laughable just a few years ago. On Monday, news broke that a Japanese […]
China Is Erasing The Gas Glut
China Is Erasing The Gas Glut China and other countries in Southeast Asia are helping erase the LNG glut, which was thought to last well into the next decade. China is in the midst of a radical overhaul of how many of its citizens heat their homes. The government has made an aggressive push to […]
U.S., Canada Face Off For LNG Dominance
U.S., Canada Face Off For LNG Dominance Considering that the North American shale revolution is the key global energy development of the past decade, it’s surprising that Canada’s natural gas production has actually been falling. Canada is still the world’s fifth largest gas producer, but output has dropped around 15 percent over the past 15 […]
