Jacob Dick

Egypt has resumed loading LNG cargoes after months of absence from the export market, adding a further supply buffer for Europe as prices continue dipping. A ship controlled by TotalEnergies SE loaded at the Idku liquefied natural gas terminal in Egypt Thursday (10/5) before making a possible voyage to an import terminal in Europe, according…

Freeport LNG Development LP has asked FERC for permission to move forward with the next phase of its operational restart, moving its Texas export facility closer to full commercial operations for the first time since last summer. In a recent filing, the firm asked the Federal Energy Regulatory Commission for permission to allow it to…

Renewable natural gas (RNG) and biofuels producer Aemetis Inc. has closed the sale of $53 million in investment tax credits created through the Inflation Reduction Act (IRA) as a part of its first wave of projects expected to be accelerated by the legislative program. The California-based company disclosed that it wrapped up at the end…

Boosted by North American projects, TotalEnergies plans to use LNG as one of its key “pillars” as it aims to grow natural gas and oil production by at least 2% annually until the end of the decade. In an outlook presentation as a part of TotalEnergies’ investor day in New York, executives outlined how the…

Ukraine’s storage contracts with western European gas traders are rising along with transported gas volumes despite Russia’s heightened campaign against the country’s energy infrastructure. As European Union storage has continued to outpace seasonal averages through the year, traders have been relying on Ukraine’s substantial underground storage facilities as a sink for the glut of liquefied…

LM Energy Holdings LLC is aiming to sell parts of its crude oil gathering business in the New Mexico portion of the Permian Basin to help fuel a focus shift to natural gas. The Dallas-based midstreamer disclosed it has entered into agreements to sell assets and subsidiaries of its Touchdown crude oil gathering system in…

Boosted by North American projects, TotalEnergies plans to use LNG as one of its key “pillars” as it aims to grow natural gas and oil production by at least 2% annually until the end of the decade. In an outlook presentation as a part of TotalEnergies’ investor day in New York, executives outlined how the…

Australia’s competition watchdog expects a slight natural gas supply surplus for domestic markets early next year, but the supply balance remains tight as LNG exports from the East Coast are expected to rise. In the Australian Competition & Consumer Commission’s (ACCC) outlook for 1Q2024, researchers reported the east coast gas market should have a 1.4…

Work stoppages at two of Chevron Corp.’s Australian LNG terminals have ended while union members finalize negotiations with the company after almost two months of labor disputes. The Australian Workers’ Union (AWU), one of two organizations representing offshore and liquefied natural gas workers at Chevron facilities, disclosed Friday that the two labor groups have endorsed…