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
Williams Exec Says More Industry-Led Certified Natural Gas Initiatives Needed to Build ‘Common Currency’
U.S. industries will need more independently certified natural gas to reach climate targets, Williams’ Brian Vogt, director of new energy ventures, said, but first, companies have to build trust in low-carbon fuels. Vogt said a lack of transparency and established measures in the certified natural gas space have left investors and international LNG buyers skeptical…
October 20, 2022
Japan, China Move to Conserve Natural Gas as LNG Price Volatility Rises
Asian countries that typically buy massive volumes of LNG are moving to build contingencies for procuring expensive cargoes and reserving excess volumes as risks of colder winter weather and continued competition with Europe sustain market volatility. Asian natural gas prices have been steadily descending for more than a week, following the Dutch Title Transfer Facility…
October 19, 2022
Energy Transition to Bring More Volatility, Opportunity for Natural Gas Firms, BP’s Alvarez Says
BP plc’s Orlando Alvarez, head of gas and power trading in the Americas, sees natural gas and other energy markets heading further into “unprecedented times” of market volatility and regulatory uncertainty, but those changes don’t all have to be challenges for the industry. During a keynote address at LDC Gas Forums’ Gulf Coast Energy Forum…
October 19, 2022
European Natural Gas Prices Drop to Three-Month Low Despite Russian Supply Threats
European natural gas prices continued declining Monday to the lowest point in three months on mild weather forecasts and reports of heightened storage, despite threats from Russia of a complete end to pipeline exports. After a brief mid-week jump last Wednesday (Oct. 12), natural gas linked to the Dutch Title Transfer Facility (TTF) benchmark continued…
October 17, 2022
FERC Approves Extension for Freeport LNG’s Fourth Train Expansion Project
Freeport LNG Development LP now has until August 2028 to complete the fourth train at its export facility on the Upper Texas coast after FERC granted an authorization extension for its expansion project. In an order published Thursday, the Federal Energy Regulatory Commission agreed that the Covid-19 pandemic and resulting supply chain issues had severely…
October 14, 2022
U.S. LNG Export Development Opens Door to Hydrogen, Sempra’s Brouillette Says
As Sempra Infrastructure continues to progress its LNG export terminal projects on the Gulf Coast and in Mexico, President Dan Brouillette said demand for natural gas is also helping influence the investments in alternative fuels. The subsidiary of San Diego-based Sempra and Avangrid Inc. disclosed a potential partnership on Wednesday to explore multiple projects to…
October 14, 2022
European Demand for Russian Natural Gas, Oil Continues to Drive Revenues
Despite a massive throttling of pipeline natural gas to Europe after Russia’s February invasion of Ukraine, European Union (EU) members in September still led the world in Russian oil and natural gas imports, according to a new report. Since the beginning of the conflict in Ukraine, EU members have imported around $97 billion in Russian…
October 12, 2022
Limits in Short-term Gulf Coast LNG Export Capacity Could Fuel Price Slump as Production Builds
Limited additions to pipeline infrastructure and a slower expansion of LNG terminals on the Gulf Coast are expected to stymie U.S. natural gas demand in early 2023 before helping fuel the region’s export growth over the long term. The Gulf Coast has become the epicenter for U.S. liquefied natural gas since the Lower 48’s first…
October 10, 2022
Damage to Nord Stream Natural Gas Systems Possibly ‘Gross Sabotage,’ Says Swedish Security
Damage to the Nord Stream (NS) pipeline systems that connected Russian natural gas supply to Western Europe was caused by detonations and more than likely sabotage, authorities with the Swedish Security Service said Thursday. Sweden’s counter-espionage and counter-terrorism officials disclosed some of the first official conclusions into the incident since gas leaks in the Baltic…
October 6, 2022
‘Comeback Story’ for U.S. Natural Gas, but Winter Price Pressures Said to Clash with Increased Production
The United States could see increased upward pressure on natural gas prices compared with last winter, as cold weather and surging demand threaten to offset production gains, according to the National Gas Supply Association’s (NGSA) Winter Outlook. In the forecast presented Wednesday, NGSA Chairman David Attwood, who is an ExxonMobil vice president, touted the “comeback…
October 5, 2022