Jacob Dick joined the NGI staff in January 2022 and was promoted to Senior Editor, LNG in February 2024. He previously covered business with a focus on oil and gas in Southeast Texas for the Beaumont Enterprise, a Hearst newspaper. Jacob is a native of Kentucky and holds a bachelor’s Degree in journalism from Western Kentucky University.
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Articles from Jacob Dick
TotalEnergies CEO Says U.S. LNG ‘Important’ to Strategy and European Natural Gas Supply
TotalEnergies SE is on the hunt for more opportunities for affordable LNG like its recent grabs in the United States as Europe’s energy volatility and rising costs are likely to persist. Despite Europe’s falling oil and natural gas prices during the second quarter, CEO Patrick Pouyanné said “tensions” in the global gas market will mean…
July 27, 2023
Baker Botts’ Bennett Says Question of U.S. LNG Capacity Isn’t How Much, but How Quickly
The U.S. LNG industry has appeared to emerge from a development slowdown after the Covid-19 pandemic to a boom in contracts and final investment decisions (FID) for new export projects thanks to global energy market disruptions. However, as the global market and supply chains continue adapting, rising hurdles for large-scale projects and the climate goals…
July 26, 2023
UK Natural Gas Supply Secure Through 2050 with Mix of LNG, Renewables, National Grid Says
The UK should have stable natural gas supplies through 2050, but could see more frequent price spikes as its reliance on LNG grows its exposure to global demand, according to the country’s energy systems operator. In National Grid plc’s latest future energy scenario report, the firm reported the UK’s ability to secure “diverse sources of…
July 25, 2023
TTF Spikes Despite High Storage as Market Weighs Tightening LNG Supply – LNG Recap
European natural gas prices ticked up again on Monday despite healthy storage on the continent and an apparent lull in Asia, hinting at anxiety over falling LNG imports. Upward movement in European prices was previously expected to be limited for the rest of July after several key gas facilities in Norway wrapped up heavy maintenance…
July 24, 2023
Emerging LNG Projects Forecast to Push U.S. Natural Gas Exports to 13.3 Bcf/d in 2024
U.S. LNG exports could reach 13.3 Bcf/d next year as developers prepare to launch the initial phases for two large-scale projects on the Gulf Coast, according to the Energy Information Administration (EIA). As the supply of liquefied natural gas took a global spotlight last during after Russia’s invasion of Ukraine, U.S. export projects also garnered…
July 21, 2023
U.S., Australia Join Natural Gas Buyers in Pledge to Cut Methane Emissions
Australia and the United States, respectively the world’s second and third largest LNG producers, have agreed along with major natural gas buyers to reduce methane emissions and leaks across the export value chain. The two major liquefied natural gas producers and representatives from the European Commission (EC), Japan and South Korea signed a joint statement…
July 18, 2023
BP Energy Partners Sells Flared Natural Gas Power Service Company Mesa
Private equity firm BP Energy Partners LLC (BPEP) has closed on the sale of Mesa Natural Gas Solutions LLC, a power solution company aimed at helping producers reduce volumes of flared natural gas. BPEP said it had closed the sale of Mesa for an undisclosed amount shortly after Houston-based Arroyo Investors announced it would be…
July 13, 2023
NextDecade’s Rio Grande FID Marks Year’s Third as LNG Export Deals Accelerate
NextDecade Corp. late Wednesday reached a final investment decision (FID) and is beginning construction of the first phase for the Rio Grande LNG (RGLNG) facility in deep South Texas near the Mexico border. The Houston-based company secured $18.4 billion for the 17.6 million metric ton/year (mmty) first phase, making it the largest greenfield energy project…
July 13, 2023
More Calcasieu Pass LNG Contract Holders May Seek Arbitration
Venture Global LNG Inc. could be facing more legal proceedings from contract holders as the prolonged commissioning process of its Calcasieu Pass LNG facility continues to drag on. Shell plc and BP plc reportedly have filed for arbitration with Venture Global at the London Court of International Arbitration (LCIA) for failing to supply the firms…
July 13, 2023
NextDecade Reaches FID on Rio Grande LNG First Phase, Gives Bechtel Notice to Proceed
NextDecade Corp. has officially reached a final investment decision (FID) and given a notice to proceed on construction of the first phase of its Rio Grande LNG (RGLNG) facility. The Houston-based company disclosed Wednesday afternoon that it had secured $18.4 billion for the 17.6 million metric ton/year (mmty) first phase, making it what the company…
July 12, 2023