The U.S. government has committed to exporting up to 353 Bcf of natural gas to the UK next year as part of a strategic partnership aimed at strengthening commodity markets in Europe. As a part of the initiative disclosed Wednesday, called the UK-US Energy Security and Affordability Partnership, the countries have formed a joint action…
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High Demand for New U.S. Liquefaction Projects at Odds with FID Delays – Listen Now to NGI’s Hub & Flow
With much of Europe continuing to scramble to secure adequate natural gas supplies in the wake of the Russian invasion of Ukraine and the resulting ramifications, LNG is seen as a leading solution to help solve the global energy crisis, which experts believe could continue for the next two to three years until new global…
December 7, 2022
German Government to Nationalize Country’s Largest Natural Gas Importer Uniper SE
Uniper SE said Wednesday that the German government would spend 8 billion euros ($7.9 billion) to take a 99% stake in the company and nationalize the country’s largest utility. The German government would also acquire all the shares held by Uniper’s largest stakeholder, Finnish energy company Fortum Oyj. The deal amends a bailout announced in…
September 21, 2022
Mexico’s Dos Bocas Refinery Starting Operations Amid Controversy and Fanfare
Mexican President Andrés Manuel López Obrador’s campaign promise of a refinery for his home state of Tabasco is being delivered this week. The 340,000 b/d Olmeca refinery in Dos Bocas will be inaugurated on Friday, July 1, exactly four years after López Obrador won the presidency. “With president López Obrador inaugurating his flagship Olmeca refinery,…
June 28, 2022
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