ConocoPhillips Chief Says ‘Substantial’ Growth Ahead for Global LNG Business Daily Gas Price Index E&P Europe LNG By Carolyn Davis on September 18, 2024 All signs point to North America becoming the worldwide price setter for natural gas, ConocoPhillips CEO Ryan Lance said Tuesday.
Major Customers Showing Appetite for Mexican LNG Projects Despite Hurdles -- Spotlight Mexico Gas Price Index Natural Gas Prices By Christopher Lenton on August 29, 2024 North American natural gas futures were once again above the $2.00/MMBtu mark as the market turned to the post-summer season.
Amigo LNG Project in Mexico Signs Supply Deal Covering Nearly Half of Capacity Daily Gas Price Index LNG By Andrew Baker on August 28, 2024 Singapore-based LNG Alliance Pte Ltd., sponsor of the proposed Amigo LNG export project in Mexico, signed a long-term offtake agreement with Malaysia’s E&H Energy SDN BHD, the companies said.
Mexico’s Amigo LNG Project Lands Offtake Agreement with Malaysia’s E&H Energy Mexico Gas Price Index LNG By Andrew Baker on August 26, 2024 Singapore-based LNG Alliance Pte Ltd., sponsor of the proposed Amigo LNG export project in Mexico, signed a long-term offtake agreement with Malaysia’s E&H Energy SDN BHD, the companies said.
Russian Natural Gas Flows Continue Through Ukraine, Lowering Price Volatility For Now — LNG Recap Daily Gas Price Index International LNG By Jacob Dick on August 19, 2024 A rally in global natural gas prices cooled as traders eye the latest signs of volatility on the Russian-Ukrainian border, but searing heat and a possible spike in Asian demand are still lurking.
Mexico Keeps Demanding More U.S. Supplies as Natural Gas Prices Get Late Summer Boost — Spotlight Mexico Gas Price Index Mexico Natural Gas Prices By Christopher Lenton on August 15, 2024 North American natural gas prices have gathered some momentum for the first time in many months amid tighter supply balances.
Inaugural Mexican LNG Export Cargo Launches from Altamira, NFE Says Daily Gas Price Index LNG Mexico By Jacob Dick on August 14, 2024 After some delays and mixed signals from its vessel, New Fortress Energy Inc. (NFE) has confirmed the first shipment of U.S. natural gas liquefied in Mexico has been loaded and is on the water.
Where Are North American Natural Gas Prices Headed? Storage, Weather and Exports Are Key, Says NGI Daily Gas Price Index LNG Natural Gas Prices By NGI Staff Reports on August 12, 2024 Natural gas export capacity could explode within months on the Gulf Coast and in Western Canada, a signal for operators to begin ramping up activity. Still, storage is continuing to rise, and weather demand has remained tepid. What does it mean for prices? NGI’s experts have a few answers.
NFE Targets First Altamira LNG Shipment by Mid-August Daily Gas Price Index Infrastructure International Mexico By Jacob Dick on August 05, 2024 The first cargo of Texas natural gas liquefied in Mexico could be heading from the east coast to an import terminal on the country’s isolated Pacific Coast by mid-August, according to New Fortress Energy Inc. (NFE).
NFE Achieves First LNG at Mexico’s Floating Altamira Export Facility Daily Gas Price Index International LNG Mexico By Jacob Dick on July 19, 2024 New Fortress Energy Inc. (NFE) has reportedly achieved first LNG at its export terminal offshore of Altamira, indicating it could be close to loading Mexico’s first export cargo.
China Driving Asian LNG Import Surge as Mexico Liquefaction Projects Advance Mexico Gas Price Index LNG Mexico By Andrew Baker on July 02, 2024 Asian LNG imports rose by 10.5 million metric tons (mmt) in 2023 versus 2022, the largest year/year change for any market, according to the International Gas Union’s (IGU) newly published 2024 World LNG Report.
Bolivia Crisis Underscores Shifting Energy Landscape in South America Mexico Gas Price Index E&P LNG By Christopher Lenton on June 28, 2024 Bolivia’s General Juan José Zúñiga stormed the presidential palace in La Paz on Wednesday (June 26) in a short-lived attempted coup that laid bare political and economic chaos in the landlocked nation.
Mitsui Building Out Eagle Ford Natural Gas-Weighted Portfolio with Eye on LNG, CCS Daily Gas Price Index M&A By Carolyn Davis on June 25, 2024 Japan’s Mitsui & Co. Ltd. is continuing to build out its Lower 48 natural gas-weighted holdings after clinching another acquisition in the Eagle Ford Shale of South Texas.
Could North American LNG Construction Headwinds Impact Natural Gas Prices and Outlook? Daily Gas Price Index Infrastructure LNG Natural Gas Prices By Jacob Dick on June 21, 2024 An increasing number of construction-related issues at major LNG projects this year has kept a demand-hungry natural gas market wary of delays, but analysts say price and production forecasts remain mostly intact – so far.
Mexico’s New President Must Prioritize Electricity Grid Investment, Expert Says Mexico Gas Price Index Mexico By Adam Williams on May 31, 2024 On Sunday, June 2, Mexicans are headed to elect a new president at a time when the country has experienced nationwide power outages throughout May due to unseasonable heat and a surge in electricity demand.
Developers Ask DOE to Approve 4 MMty Gato Negro LNG Project in Mexico Daily Gas Price Index International LNG Mexico By Jacob Dick on May 22, 2024 Mexican developers backed by Big River Energy LLC are seeking approval from the Department of Energy (DOE) for a 4 million metric ton/year (mmty) LNG export project in Manzanillo that would be fed by U.S. natural gas.
NFE Expects First Cargo From Offshore Mexico LNG Project in June Daily Gas Price Index Earnings LNG Mexico By Jacob Dick on May 08, 2024 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.
Mexico’s Next Government Needs to Reinforce Competitive Market for Energy Security -- Column Mexico Gas Price Index Mexico Opinion By Eduardo Prud’homme on May 06, 2024 Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process.
Venture Global Aims for Plaquemines LNG First Production By Summer – The Offtake Daily Gas Price Index LNG By Jacob Dick on April 29, 2024 A roundup of news and commentary from the global gas market
Freeport LNG’s Extended Drop in Feed Gas Adds Pressure to U.S. Natural Gas Demand Daily Gas Price Index LNG By Jacob Dick on April 17, 2024 Flows of natural gas to Freeport LNG have remained at a trickle for a week, fueling market concern that possibly all three trains at the facility could be offline after a reported issue with Train 3 last week.