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Energy / Natural Gas

Pakistan Considers Iran Gas Pipeline Restart Despite U.S. Sanctions

Feb 22, 2024 at 08:17 | ZeroHedge

Via The Cradle Pakistan is mulling over completing a much-delayed pipeline project with Iran, which has been stalled for years…

Chesapeake's Production Cut Shakes Up Natural Gas Markets

Feb 22, 2024 at 08:06 | ZeroHedge

With US natural gas prices crashing to lows not seen since early Covid in recent days, around $1.60 per million British thermal units, major shale producer Chesapeake Energy…

Looking at the Pros and Cons of Biden’s Decision To Halt LNG Exports

Feb 21, 2024 at 08:17 | Gail Tverberg

In the US, companies that want to build liquefied natural gas (LNG) export terminals need to get advance approval for their plans from the US Department of Energy. There was…

The New BP-ADNOC Venture Signals A Western Fight Back Over Global Gas Assets

Feb 19, 2024 at 11:17 | Simon Watkins

From the moment the U.S. unilaterally withdrew from the ‘nuclear deal’ (the Joint Comprehensive Plan of Action) with Iran on 8 May 2018, it has been on the defensive in …

The Longer The U.S.’s Pause On LNG Projects Goes On, The Better It Is For Russia

Feb 19, 2024 at 08:43 | Simon Watkins

Last week’s attempt by the U.S.’s Republican-controlled House of Representatives to unblock the stoppage on approvals of permits for new liquefied natural gas (LNG) looks highly unlikely to succeed. Despite…

Climate vs. Commerce: Inside the Debate Over U.S. LNG Expansion

Feb 15, 2024 at 08:00 | Felicity Bradstock

Following a year of LNG production increases and plans for a massive gas project pipeline, the Biden administration is finally responding to calls to halt giant new LNG projects, in…

As U.S. Pauses New LNG Project Permits, Iran Moves Full Ahead On Its Own

Feb 13, 2024 at 09:49 | Simon Watkins

Since Russia invaded Ukraine on 24 February 2022, liquefied natural gas (LNG) has become the world’s key emergency energy supply. It does not require the years of planning and construction…

Southeast Europe's "Vertical Corridor" to Reshape Gas Transit

Feb 13, 2024 at 07:57 | Eurasianet

Countries in southeastern and central Europe have begun working together to create a new gas transit route to help compensate for the loss of Russian gas exports to…

Will Halt To New LNG Exports Ease U.S. Natural Gas Price Spikes?

Feb 12, 2024 at 11:34 | Tsvetana Paraskova

The recent pause on new permits for LNG export projects has divided America in the latest controversy surrounding the Biden Administration’s energy policies.   Environmentalists hailed the decision as…

Why Europe’s Energy Transition Leader Doubles Down On Natural Gas

Feb 09, 2024 at 12:11 | Irina Slav

Germany is building 10 GW in new natural gas generation capacity. It is spending 16 billion euro on this. The news emerged earlier this week and marks a key moment…

New Study Questions LNG as a "Bridge Fuel" in Decarbonization

Feb 09, 2024 at 10:02 | Haley Zaremba

For years, the petroleum industry has been trying to push liquefied natural gas as a clean energy source, or at least a cleaner energy source than other fossil fuels, touting…

Germany To Replace Nuclear With Natural Gas Plants for $16B

Feb 08, 2024 at 15:11 | Alex Kimani

Last April, Germany shut down its last three nuclear power stations, marking the end of the country’s atomic age. The controversial decision came at a time when Europe and the…

LNG Projects Poised for Bumper Season Despite Washington Freeze

Feb 07, 2024 at 16:21 | Alex Kimani

Last week, U.S. President Joe Biden paused new licenses for LNG export projects still in the planning pipeline to give his administration time to reassess whether additional infrastructure is…

Canada Looks To Capitalize As U.S. Pauses LNG Export Licenses

Feb 06, 2024 at 09:47 | Haley Zaremba

The Biden administration’s decision to pause approvals of new licenses to export liquefied natural gas (LNG) is making major waves both at home and internationally. While there is much…

White House’s Pausing Of Giant LNG Export Projects Is Just What Russia Wants

Jan 30, 2024 at 08:13 | Simon Watkins

Perhaps the single most important factor in NATO’s united stand against Russia’s invasion of Ukraine was the quick substitution of the cheap and plentiful Russian gas that had fuelled economic…

U.S. Natural Gas Exports: A Double-Edged Sword for Domestic Consumers

Jan 29, 2024 at 08:16 | Kurt Cobb

After reading Art Berman's excellent summary of how fast-growing U.S. natural gas exports are likely to reduce domestic supplies significantly over the next…

Shale Boom Fuels Third Year of Record U.S. Gas Output

Jan 29, 2024 at 08:00 | Robert Rapier

I previously reported that the U.S. set a new oil production record in 2023 and became the world’s top liquefied…

Biden’s LNG Dilemma: Please Voters or Expand as Exporter

Jan 27, 2024 at 08:56 | Irina Slav

A study from Cornell University released last November suggested that LNG is worse for the climate than coal. Little did anyone know at the time that this study would put…

Alaska’s State-Sponsored LNG Project Is Struggling To Find Investors

Jan 26, 2024 at 15:20 | Alex Kimani

Last year, the Biden administration issued the green light for ConocoPhillips’ (NYSE:COP) $8 billion Willow project in Alaska, ending the company’s long wait much to the consternation and chagrin of environmentalists.…

Exxon Looks to Tap Guyana's Gas Riches

Jan 22, 2024 at 08:06 | Tsvetana Paraskova

After boosting oil production to above 500,000 barrels per day in five years, the world’s newest crude oil exporter, Guyana, looks to develop its significant natural gas resources, too.    ExxonMobil,…

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