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
National Grid Seeks to Keep Everett LNG Open Through the Decade as East Coast Supply Safeguard
National Grid plc has asked Massachusetts regulators to approve a deal with Constellation Energy Corp. that could keep the Everett LNG terminal open to serve almost one million East Coast natural gas customers during periods of peak demand. With its 1,400 MW Mystic Generating Station slated for retirement later in the year, Constellation has said…
February 13, 2024
U.S. LNG Contracting Slowed in 2023 as Global Natural Gas Prices Stabilized, EIA Says
While LNG export capacity in the United States is set to continue ballooning through the end of the decade, the pace of supply contracts could be cooling for terminal projects still in development, according to the Energy Information Administration (EIA). Last year marked another leap forward for U.S. liquefied natural gas export expansions, with three…
February 9, 2024
Santos, Woodside Abandon Potential Merger as Search for More Global LNG Supply Continues
Santos Ltd. and Woodside Energy Group Ltd. have decided not to pursue merger talks that could have created an Australian LNG super giant reportedly worth $52 billion. Both firms disclosed Wednesday that months-long talks had ended without a mutually beneficial deal. Combined, the companies control more than 40 million metric tons/year (mmty) of liquefied natural…
February 8, 2024
What Does A Pause of LNG Export Authorizations Mean for the U.S.? Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow podcast, in which NGI’s Jacob Dick explores the market implications of the Biden administration’s pause of new LNG export authorizations with Rapidan Energy Group’s Alex Munton. After the Jan. 26 announcement that the Department of Energy would be reviewing its policies for…
February 7, 2024
LNG Export Pause Facing Scrutiny as GOP Opposition Mounts
As congressional pushback against the Biden administration’s pause of LNG export permits heats up, EQT Corp. CEO Toby Rice said U.S. producers and exporters already have work ahead to abate the potential damage to project development. Rice joined a panel of witnesses Tuesday during a House Energy and Commerce subcommittee hearing. It was one of…
February 6, 2024
U.S. LNG Permits Are Frozen, What Now? An NGI Primer For Understanding the Export Pause
In the days since the Biden administration’s decision to review the process for approving more U.S. LNG export capacity, speculation has swirled about what a temporary pause of Department of Energy (DOE) authorizations means for the industry. NGI has compiled a brief primer with answers to some of the largest questions looming over the U.S.…
February 5, 2024
LNG Sector Tallies Permit Pause Impact to Earnings as Contract Holders Raise the Alarm
The U.S. Department of Energy’s (DOE) pause on new export project permits is not expected to impact the bottom lines of LNG equipment manufacturers in the mid-term, but others across the value chain are still assessing the temporary suspension’s potential effects. Following last week’s decision by the Biden administration to pause DOE approval of worldwide…
February 1, 2024
Tellurian Taps Lazard to Help Secure Equity Partners, Contracts for Driftwood LNG
Tellurian Inc. Chairman Martin Houston said the firm is exploring ways to secure contracts and partnerships for the proposed Driftwood LNG project with the help of a global financial adviser, pushing back on reports it may be looking to sell after an organizational shakeup. In a letter to investors Monday, Houston confirmed reports that Tellurian…
January 30, 2024
Freeport LNG Reporting Month-Plus Train Outage Following Winter Storm Heather
Freeport LNG has reported an outage of one of the three trains at its Texas export terminal, cutting into potential U.S. feed gas demand for at least the next month. The company confirmed Friday that freezing temperatures last week on the Texas coast during Winter Storm Heather caused electrical issues with one of the electric…
January 26, 2024
Biden Administration Officially Pauses New LNG Export Permits
The Biden administration on Friday did as rumored and said it would temporarily pause new federal export authorizations for LNG projects while the Department of Energy (DOE) reviews policies to determine whether more capacity is in the public interest. The White House and DOE ended days of speculation after a New York Times report earlier…
January 26, 2024