LNG trading

Shell Overcomes Slumping Natural Gas Prices as Global LNG Volumes, Production Increase

Shell Overcomes Slumping Natural Gas Prices as Global LNG Volumes, Production Increase

Anyone wanting to perfect the basic fundamentals of trading and optimizing LNG sales on the global market probably need look no further than to Shell plc. The No. 1 global liquefied natural gas trader, and Europe’s leading oil and gas producer, overcame slumping commodity prices during the first quarter to deliver increased production and higher…

May 2, 2024
Prices Linked to Natural Gas Hubs Continue to Dominate Global Trade, IGU Says

Prices Linked to Natural Gas Hubs Continue to Dominate Global Trade, IGU Says

Natural gas buying at prices linked to dominant benchmarks like Henry Hub, the Japan-Korea Marker and the Title Transfer Facility last year again outpaced purchases linked to oil prices in a trend being driven largely by LNG trade growth, according to the International Gas Union (IGU). Between 2005 and 2023, the share of global gas-on-gas…

April 30, 2024
TotalEnergies Looks to Tap Gulf Coast Foothold to Grow U.S. LNG Business

TotalEnergies Looks to Tap Gulf Coast Foothold to Grow U.S. LNG Business

TotalEnergies SE CEO Patrick Pouyanné said the firm is leaning on its already outsized role as a leader in U.S. LNG to expand its supply chain positions and grow its hub of natural gas projects centered in Texas. TotalEnergies is currently the largest trader of U.S. liquefied natural gas and is the second largest LNG…

March 20, 2024
Shell’s LNG Sales, Volumes Dip on Seasonal Impacts, but Uncertain Winter Ahead, CEO Says

Shell’s LNG Sales, Volumes Dip on Seasonal Impacts, but Uncertain Winter Ahead, CEO Says

Shell plc, the world’s leading LNG trader, reported mixed results in the second quarter, buffeted by lower natural gas realizations and volumes from a year ago. The Integrated Gas (IG) business, which includes liquefied natural gas trading and optimization, reported a 69% decline in profits year/year. LNG liquefaction volumes were flat at 7.17 million tons…

July 27, 2023