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
Sunrise JV Could ‘Advance’ LNG Production from Timor Sea, Woodside Says
A joint venture (JV) formed by Woodside Energy Group Ltd., Osaka Gas Australia and Timor-Leste’s state-owned Timor Gap is studying development and LNG production from the Greater Sunrise natural gas fields near the Southeast Asian island. The partnership, called Sunrise Joint Venture, will expand on previous efforts to evaluate the feasibility of producing and shipping…
February 8, 2023
NextDecade Urges FERC to Act on Rio Grande LNG Approval
NextDecade Corp. has requested FERC respond to a court’s 18-month-old order to revisit the approval of Rio Grande LNG as it seeks to move the Texas export terminal project forward. In a letter to the Federal Energy Regulatory Commission, NextDecade CEO Matthew Schatzman urged Acting Chairman Willie Phillips to act on the remand issued by…
February 7, 2023
New Fortress Planning FLNG Stake Sale to Golar as Focus Turns Inward
New Fortress Energy Inc. (NFE) has agreed to sell its stake in Golar LNG Ltd.’s floating liquefied natural gas (FLNG) production platform in Cameroon as it focuses on increasing utilization of its fleet and strengthening returns to investors. New York-based NFE will sell its stake in the 2.4 million metric ton/year platform Hilli Episeyo for…
February 6, 2023
Tight LNG Market to Continue as EIA Sees Lowest Natural Gas Export Capacity Additions in Decade
The Energy Information Administration (EIA) estimated this year will bring the lowest amount of LNG export capacity additions in a decade, exacerbating expectations for a tight global natural gas market through 2025. In a recent report, EIA researchers projected four liquefied natural gas export projects would come online across the world this year, adding a…
February 6, 2023
Global Natural Gas Price Volatility Accelerating LNG’s Dominance, Says GECF
Natural gas is still expected to dominate the global energy mix and support decarbonization into the middle of the century despite recent market volatility, but the world’s current energy crunch could be accelerating LNG’s position as the trade of choice, according to researchers from the Gas Exporting Countries Forum (GECF). In a recently published Global…
February 2, 2023
ConocoPhillips Sees Continued ‘Tight’ Global Supply Supporting Lofty Production, LNG Investments
Despite softening natural gas and oil prices at the end of last year, ConocoPhillips expects stronger prices through 2023, sustaining multi-billion dollar investments planned for major LNG projects. In a fourth-quarter earnings call hosted Thursday, CEO Ryan Lance said the Houston independent planned to remain focused on capital returns this year. However, the company’s expectations…
February 2, 2023
Willow Project in Alaska Inching Forward as BLM Recommends Partial Approval
The Interior Department’s Bureau of Land Management (BLM) has outlined a preferred alternative for ConocoPhillips’ Willow project proposed for Alaska, creating a path for possible approval for one of the largest oil and gas developments on public lands. In a final supplemental environmental impact statement (SEIS) released Wednesday, BLM staff recommended approval of three of…
February 2, 2023
FERC Grants LNG Storage Construction Approvals to Venture Global, Tellurian – The Offtake
Venture Global LNG has been granted permission by FERC to progress limited construction at Plaquemines LNG in Louisiana.
February 1, 2023
Initial Expansion of TAP Natural Gas System Launches Bid to Double Azerbaijan Exports to Europe
An initial capacity expansion of 1.2 billion cubic meters/year (Bcm/y) is underway on the Trans Adriatic Pipeline (TAP), the western connection bridging Azerbaijan’s natural gas production to Europe, as the European Union (EU) seeks to double imports through the system by 2027. TAP AG, the transmission operator for the 546-mile system, disclosed Monday natural gas…
January 31, 2023
Alaska Governor Ready to ‘Unlock’ North Slope Natural Gas to Strengthen Energy Supplies
Alaska Gov. Mike Dunleavy sees the state’s future connected to its role as a global energy supplier, which means utilizing more natural gas resources and developing LNG exports to Asia, he said during the annual State of the State address. The Republican governor, who is beginning his second term, said he intended to build on…
January 31, 2023