Archive / Author

Subscribe

Jacob Dick

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.

Excelerate Remains ‘Agnostic’ in Global Search for More LNG Contracts, Says CEO

Excelerate Remains ‘Agnostic’ in Global Search for More LNG Contracts, Says CEO

Excelerate Energy Inc. is looking for more opportunities to grow its nascent LNG portfolio, but not only with U.S. projects, as it expands its role as a global natural gas supplier. CEO Steven Kobos said during a fourth quarter earnings call that the company, headquartered in The Woodlands near Houston, had pivoted its “near-term commercial…

March 29, 2023
Eastern Mediterranean Natural Gas Seen Boosting LNG Supplies for Europe

Eastern Mediterranean Natural Gas Seen Boosting LNG Supplies for Europe

The European Union (EU) has been eyeing a boom in Eastern Mediterranean natural gas production to ease price volatility, but new research suggests more volumes could be a mid-term source of relief rather than a long-term solution. In a report for Columbia University’s Center on Global Energy Policy, the authors posit that as much as…

March 28, 2023
ConocoPhillips Could Take Over APLNG Upstream if Brookfield, EIG Acquire Origin Energy

ConocoPhillips Could Take Over APLNG Upstream if Brookfield, EIG Acquire Origin Energy

A consortium of investment groups is planning to acquire Origin Energy Ltd., Australia’s largest integrated utility, in a deal that could make ConocoPhillips upstream operator of the natural gas fields that feed the Australia Pacific LNG (APLNG) facility. Brookfield Renewable Partners LP and U.S.-based institutional energy investor EIG reached an agreement with Origin’s board to…

March 27, 2023
Asian Contracting Trends, Volume Growth Said Setting Stage for Bifurcated LNG Prices

Asian Contracting Trends, Volume Growth Said Setting Stage for Bifurcated LNG Prices

As an influx of additional LNG volumes are set to hit markets later this decade, the next wave of long-term contracts – mostly by Asian buyers – could push global prices toward an “unprecedented moment,” according to Columbia University’s Center on Global Energy Policy (CGEP). CGEP researcher Ira Joseph said in a recent note that…

March 27, 2023
TC Eyes Haynesville Natural Gas as North America Growth Driver

TC Eyes Haynesville Natural Gas as North America Growth Driver

As TC Energy Corp. plans to continue investing billions to expand North American natural gas pipeline capacity through the decade, CEO Francois Poirier said political momentum for permitting reform and an appreciation for infrastructure could pave the way for expansions and greenfield projects to boost LNG exports. On the sidelines of the CERAWeek by S&P…

March 23, 2023
Australia’s Energy Market Operator Warns of Possible Cargo Diversions for LNG Exporters

Australia’s Energy Market Operator Warns of Possible Cargo Diversions for LNG Exporters

Exporters of LNG from Australia’s eastern coast could be required to divert spot cargoes for the domestic market this winter as the country’s energy market operator forecasts increased peak demand and greater future supply uncertainty. The Australian Energy Market Operator (AEMO) recently published an updated outlook of the country’s domestic supply risks and the potential…

March 21, 2023
TC Energy Sees Mexico Gas Supply for LNG Projects ‘Eminently Achievable’

TC Energy Sees Mexico Gas Supply for LNG Projects ‘Eminently Achievable’

Canada’s TC Energy Corp. thinks any capacity constraints in Mexico would be solved if the financing for LNG export projects were in place, CEO Francois Poirier told NGI on the sidelines of the CERAWeek by S&P Global Conference in Houston earlier this month. In Mexico, TC is solidifying partnerships with Mexico’s state power utility Comisión…

March 21, 2023
FERC Authorizes Amended Design for Sempra’s Cameron LNG Expansion

FERC Authorizes Amended Design for Sempra’s Cameron LNG Expansion

The Federal Energy Regulatory Commission has authorized Sempra Infrastructure’s amended design for the expansion of its Cameron LNG facility as the firm aims for a final investment decision (FID) this summer for the project. In early 2022, Sempra filed a request to amend the approval for its proposed 6.75 million metric tons/year expansion of the…

March 20, 2023
North American Natural Gas Pipeline Permitting Finding ‘Balance’ as Energy Security Concerns Grow, TC CEO Says

North American Natural Gas Pipeline Permitting Finding ‘Balance’ as Energy Security Concerns Grow, TC CEO Says

As TC Energy Corp. plans to continue investing billions to expand North American natural gas pipeline capacity through the decade, CEO Francois Poirier said political momentum for permitting reform and an appreciation for infrastructure could pave the way for expansions and greenfield projects to boost LNG exports. On the sidelines of the CERAWeek by S&P…

March 17, 2023
Bechtel Adapting to Workforce Shortage While Tackling Bevy of LNG Projects in Tight Labor Market

Bechtel Adapting to Workforce Shortage While Tackling Bevy of LNG Projects in Tight Labor Market

As U.S. LNG producers continue to progress a bevy of Gulf Coast export projects to meet global demand for natural gas volumes, Bechtel Energy President Paul Marsden said the engineering firm is focusing on innovative solutions for the region’s ballooning labor issues during the next wave of infrastructure build-out. Over the past few decades, Virginia-based…

March 16, 2023