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Tag Archives: liquified natural gas
From Zero to Hero… The Incredible Story of American LNG, Personified
From Zero to Hero… The Incredible Story of American LNG, Personified Mezzaluna, Mr. Souki and the Journey to the Top “If you keep digging, digging, digging, you find something.” ~ Charif Souki O.J. Simpson died last month. Unless you’ve been living under a rock, you probably know that. Well, I guess I sort of have […]
The Four Key Reasons Why The U.S. Will Never Stop Targeting Russia’s LNG Sector
The Four Key Reasons Why The U.S. Will Never Stop Targeting Russia’s LNG Sector LNG has become the most important swing energy source in an increasingly insecure world. Energy exports remain the foundation stone of Russia’s essentially petro-economy. Russia’s LNG industry is closely associated in Russia with President Vladimir Putin personally. Perhaps even more than […]
EU Prepares to Tighten Screws on Russian LNG Imports
EU Prepares to Tighten Screws on Russian LNG Imports In a move that could reshape Europe’s energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports. According to Reuters sources close to the matter, the proposed measures will include a ban on shipments within the EU and […]
Peter Zeihan: You’re Being Instructed Not to Notice This!!!
Peter Zeihan: You’re Being Instructed Not to Notice This!!! https://youtu.be/6pLAaWUUM6c
Europe May Face LNG Crisis This Winter
Europe May Face LNG Crisis This Winter Rush to wean off Russian gas has made European consumers highly vulnerable to LNG price shocks. Global LNG demand outstrips supply in 2022. New LNG projects are unlikely to provide relief until 2024. A liquified natural gas (LNG) crisis is brewing for European countries dealing with energy insecurity […]
US Gas Prices Soar As Europe And Asia Scramble For LNG
US Gas Prices Soar As Europe And Asia Scramble For LNG U.S. gas prices have surged to the highest level in real terms since the financial crisis in 2008 as strong demand for LNG from buyers in Europe and Asia puts pressure on inventories. Front-month futures for gas delivered to Henry Hub in Louisiana are […]
Why liquefied coal (CTL) and natural gas (GTL) can’t replace oil
Why liquefied coal (CTL) and natural gas (GTL) can’t replace oil Preface. Here are just a few of the reasons why we aren’t likely to convert enough coal to diesel to matter as oil decines (see Chapter 11 Liquefied Coal: There Goes the Neighborhood, the Water, and the Air for more details on this in When Trucks […]
European LNG Imports Hit Two-Year High As US Flotilla Delivers Much-Needed Supplies
European LNG Imports Hit Two-Year High As US Flotilla Delivers Much-Needed Supplies A flotilla of liquefied natural gas (LNG) from the US has finally arrived in Europe, increasing LNG imports on the fuel-starved continent to a two-year high. The fresh injection of natural gas is helping to offset declining Russian shipments. Prices of European natural […]
This economy is going down
This economy is going down UK gas prices have fallen back this week – although they are still some 400 percent higher than at the start of 2021. And the reasons for the fall in price should not breed complacency. First, the arrival of a south-westerly airflow off the Atlantic has finally begun to spin […]
BC Looks like an LNG Loser: Report
BC Looks like an LNG Loser: Report Prospects have been battered by global competition, volatility, delays and cost overruns. Facing a world of challenges: Artist’s rendition of the sole LNG project under construction in BC, the LNG Canada terminal in Kitimat. Image via Fluor. Once touted as an economic powerhouse, the liquified natural gas industry is […]
Worst Drought in 91 Years Turns Brazil Into Hot Spot for LNG
Worst Drought in 91 Years Turns Brazil Into Hot Spot for LNG State-run oil company is seeking liquefied natural gas cargoes Water crisis curbs hydropower supplies across South America Brazil’s worst water crisis in almost a century is turning Latin America’s biggest economy into a hot spot for liquefied natural gas. As hydropower output declines, […]
LNG in BC Is a ‘Losing’ Bet, Report Finds
LNG in BC Is a ‘Losing’ Bet, Report Finds New analysis calls out rosy job projections for industry ‘misleading’ and unrealistic. BC’s LNG Canada project under construction earlier this year. Photo by Robin Rowland, the Canadian Press. A respected U.S. energy group has criticized a rosy Conference Board of Canada report championing more liquefied natural gas development […]
Shell’s Colossal Miscalculation in 2011 of Today’s LNG Price: Largest-Ever $12-$17-Billion “Floating Facility” Shut Down, Months After Shipping First LNG. Done in by Long Price Collapse
Shell’s Colossal Miscalculation in 2011 of Today’s LNG Price: Largest-Ever $12-$17-Billion “Floating Facility” Shut Down, Months After Shipping First LNG. Done in by Long Price Collapse Built to profit from sky-high LNG Prices in Japan. Sunk by surging US LNG Exports, multi-year collapse in LNG prices, global LNG glut. The Great East Japan Earthquake and […]
By Many Calculations, LNG Is a Fail for BC: Report
By Many Calculations, LNG Is a Fail for BC: Report The math for liquefied natural gas is bad on emissions, revenues, jobs, even offsetting coal in China, finds a new study. David Hughes, one of the nation’s foremost energy analysts, has a simple message for the governments of British Columbia and Canada when it comes to […]
The LNG Market Is “Imploding”
The LNG Market Is “Imploding” While everyone is understandably watching the meltdown in the crude oil market, the global market for natural gas is also cratering. At least 20 cargoes of U.S. liquefied natural gas (LNG) have been cancelled by buyers in Asia and Europe, according to Reuters. The global pandemic and the unfolding economic crisis […]