New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the coming years, a senior Exxon Mobil Corp. executive said.
Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centres and AI, a senior executive told Reuters.
Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.
Shares of liquefied natural gas exporter Venture Global finished Friday's first day of trading below their initial public offering price of $25 per share.
Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could provide relief for gas importers and help pad profits for traders.
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
The European Union is unlikely to propose a gradual phase-out of Russian liquefied natural gas (LNG) as part of its new sanctions package targeting Russia over its full-scale invasion of Ukraine. Source: Bloomberg,
Venture Global is the second-largest exporter of liquefied natural gas, or LNG, in the United States, and one of Trump's first moves after his inauguration was to sign an executive order to end a moratorium on new LNG export permits, which clears an obstacle to Venture Global's expansion plan.
Nigerian National Petroleum Company Limited (NNPC) is about establishing some mini Liquified Natural Gas plants.
Described by Nigerians from all walks of life as unprecedented, President Bola Tinubu will be performing the groundbreaking ceremony for five mini-LNG plants in Ajaokuta, Kogi State. The NNPC Ltd’s Chief Corporate Communications Officer,
Bangladesh has built its industries and commercial enterprises on natural gas supplies—which was cheap and easily available till the late nineties