Latest News Updates From Ruth Liao

QatarEnergy signed a deal with Cheniere Energy to buy 4 million tons a year, the Middle East nation’s first such U.S. offtake deal as its own production has been throttled by the Iran war.

Expanding its network in the prolific Permian Basin will enable Energy Transfer to feed more gas into its downstream network as booming U.S. exports and development of data centers drive demand for the fuel. 

Shipowners and brokers are demanding more than $200,000 a day for LNG tankers in the Atlantic Basin, roughly double what they were commanding less than a day earlier, according to sources.

Venture Global won a dispute with Spain’s Repsol involving the sale of liquefied natural gas shipments from its export plant in Louisiana. 

Billionaire Kelcy Warren’s Energy Transfer suspended development of a Louisiana liquefied natural gas export project to concentrate on building and expanding pipelines. 

Venture Global lost a dispute with BP involving the sale of liquefied natural gas cargoes, a surprise defeat that comes eight weeks after Venture prevailed in a similar fight with Shell.

The oil giant will nearly double the amount of fuel it will buy from an export plant Sempra is expanding in Texas.

Venture Global prevailed over Shell in an arbitration case about a contract dispute, capping a two-year fight between the oil giant and the liquefied natural gas exporter.

President-elect Donald Trump has vowed to lift the Biden administration’s moratorium on new permits to export liquefied natural gas on his first day in office next week. 

U.S. natural gas futures soared as the weather outlook for January shifted colder, raising demand prospects for the fuel used in heating and power generation.