Business, Technology, Fuel

LNG Market Supply to Remain Tight for Years, Top Producers Say

LNG Pipeline pipes are offloaded at the construction site of a new liquefied natural gas terminal in Germany. (Morris MacMatzen/Getty Images via Bloomberg News)

Liquefied natural gas will be in short supply in the coming years as production lags behind surging demand from Europe, according to the world’s top producers of the fuel.

October 5, 2022
Government, Business, Fuel

EPA Denies Cheniere Energy Request for LNG Pollution Waiver

Cheniere LNG plant The Cheniere Energy Inc. liquefied natural gas export terminal in Corpus Christi, Texas. (Eddie Seal/Bloomberg News)

WASHINGTON — The Environmental Protection Agency on Sept. 6 denied a request by Cheniere Energy, a leading U.S. producer of liquefied natural gas, to exempt two Gulf Coast plants from a federal air pollution rule.

Matthew Daly | Associated Press
September 7, 2022
Government, Business, Fuel

US Export Bank Approves Plan Seen as Boost for LNG Exporters

LNG carrier An LNG carrier at an export terminal in Texas. (Lindsey Janies/Bloomberg)

The U.S. Export-Import Bank approved a plan April 14 that could yield a flood of financing for U.S. energy ventures, including wind and solar projects, battery manufacturing and terminals to sell LNG overseas.

April 14, 2022
Government, Business, Fuel

US LNG Players Tout Carbon Capture in Bid to Boost Green Image

The Cheniere Energy Inc. Liquefaction facility is seen in Portland, Texas, in February 2021. (Eddie Seal/Bloomberg News) The Cheniere Energy Inc. Liquefaction facility is seen in Portland, Texas, in February 2021. (Eddie Seal/Bloomberg News)

U.S. LNG developers seeking to burnish their green credentials and boost their competitiveness on a crowded global stage are touting a costly and largely untested technology: carbon capture.

Sergio Chapa | Bloomberg News
May 6, 2021
Business, Equipment, Fuel

Baker Hughes Sees Up to Four LNG Investment Decisions in 2021

Pipes are seen near an LNG tank in Japan. (Bloomberg News) (Bloomberg News)

Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after last year’s pandemic-induced collapse.

January 21, 2021
Business, Fuel, Logistics

Winter LNG Boom Creates Most Expensive Cargo Ships in History

Tug boats tow an LNG vessel in Geoje, South Korea, in February 2019. (SeongJoon Cho/Bloomberg News) Tug boats tow an LNG vessel in Geoje, South Korea, in February 2019. (SeongJoon Cho/Bloomberg News)

An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities.

January 11, 2021
Business, Fuel

LNG Surges to Six-Year High With Cold Snap in Importing Nations

LNG tanker A liquefied natural gas tanker is moored at a port in Incheon, South Korea. (SeongJoon Cho/Bloomberg)

Liquefied natural gas has made a dramatic rebound from a pandemic-induced demand collapse, and the rally in the heating and power-plant fuel could extend into next year.

December 18, 2020
Government, Business, Fuel

China to Buy $52 Billion of Additional US Energy Products

Oil tank farm in Midland, Texas Oil tank farm in Midland, Texas, by Luke Sharrett/Bloomberg

China agreed to buy $52.4 billion of additional U.S. energy products as part of a landmark trade deal signed by the world’s two top economic superpowers.

January 15, 2020
Government, Business, Safety, Fuel, TCA

States Question Safety of Shipping LNG by Rail

LNG Construction at Cheniere Energy Inc.'s LNG terminal. (Cheniere Energy via Bloomberg News)

The Trump administration’s plan to allow liquefied natural gas to be shipped by rail, in trains with as many as 100 tanker cars, lacks essential safeguards and exposes communities nationwide to the risk of lethal fires and explosions, representatives of California and other states said Jan. 13.

Bob Egelko | San Francisco Chronicle
January 14, 2020
Government, Business, Fuel, TCA

Japan Rushes to Establish LNG Bunkering Hub

Nippon Yusen KK container ship Nippon Yusen KK containership by Kiyoshi Ota/Bloomberg

A United Nations-led call for action to tighten sulfur oxide emissions also may be a trigger accelerating a shift to natural gas as fuel for the global shipping fleet, and Japan is wasting no time trying to establish a refueling hub in Asia.

Osamu Tsukimori | Japan Times (Tokyo)
October 21, 2019