Articles tagged NFE

October Nymex natural gas futures gave back most of their prior-day gains after shuffling on either side of the settlement through early afternoon trade on Wednesday.

The U.S. Department of Energy (DOE) is allowing New Fortress Energy Inc. to export up to 1.4 million metric tons/year of LNG to non-free trade agreement (FTA) countries from its recently commissioned Fast LNG facility in Mexico, marking the first non-FTA permit granted this year.

New Fortress Energy Inc. (NFE) expects its floating LNG (FLNG) platform offshore Altamira, Mexico to produce first volumes later this month after experiencing a mechanical issue in April.

New Fortress Energy Inc. has started the flow of natural gas to its offshore Altamira LNG terminal, which could become the first Mexico export project to supply U.S. gas to the international market when production begins in the “next few weeks,” management said Wednesday. 

New Fortress Energy Inc. (NFE) said Tuesday that part of the LNG export project offshore Mexico’s east coast is on track to load its first cargo in October. 

European natural gas prices hit their highest point in months on Tuesday, extending a series of gains as the continent continues to face the threat of supply shortages on a number of fronts.