The European Commission did not propose a ban on Russian liquefied natural gas in its latest package of sanctions because member states raised concerns about first securing alternatives including from the United States,
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.
"Venture Global LNG advances production at Plaquemines plant with gas injection" was originally created and published by Offshore Technology, a GlobalData owned brand.
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,
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.
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.
New research findings will disappoint both oil-and-gas companies and environmental groups, write Ben Cahill and Arvind Ravikumar in a guest commentary.
Venture Global's IPO represents a test for investor appetite for fossil fuel projects in the Trump administration.
TotalEnergies chief executive was due to convene with Daniel Chapo shortly after early October election, but months of political violence forced a delay
The European Commission refrained from proposing a ban on Russian liquefied natural gas in its latest sanctions package as EU member states expressed concerns over securing alternative energy sources.
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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.