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February 23, 2024
If this doesn't take the cake. Venture Global has been screwing its contracted customers for more than two years by not officially christening its Calcasieu Pass LNG export facility in Louisiana as officially open for business (denying customers cargoes under contracted prices), yet during that time, Venture Global has exported (on the spot market) more
February 22, 2024
Last November, MDN warned you about delays with LPG (propane) and LNG ships transiting the Panama Canal (see Drought Along Panama Canal Causing Delays in Propane, LNG Exports). According to the Panama Canal Authority (APC), water levels at Gatรบn Lake were the lowest since at least 1995 due to an extended dry season and lower-than-normal
February 21, 2024
Last week, Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease (and the largest M-U driller in West Virginia), issued its fourth quarter and full-year 2023 update, which we covered (see Antero 4Q โ Production Up 6%, Profits Down 87%, 21 New Wells). While we picked up and
February 15, 2024
So-called "charities" (really nothing of the sort) controlled by Rockefeller family billionaires and charities controlled by billionaire Mike Bloomberg provided millions of dollars in recent years to environmental groups that are campaigning against fossil-fuel projects, including LNG terminals that have been proposed on the Gulf Coast, according to insiders. So says an article recently published
February 15, 2024
Pipeline giant Energy Transfer (ET), owner of the Mariner East Pipeline system, the Marcus Hook NGL terminal, and the Rover pipeline in the Marcellus/Utica region, issued its fourth quarter and full-year 2023 update yesterday. Net income for 4Q23 was $1.57 billion, up 9% from 4Q22's $1.44 billion. However, net income for 2023 was $5.29 billion,
February 14, 2024
In March 2023, Chesapeake Energy announced a 15-year deal to provide enough natural gas for 2.0 million tonnes per annum (MTPA) of LNG exports to Gunvor Singapore Pte (see Chesapeake Cuts Back on Marcellus, Signs Haynesville LNG Deal). The deal with Gunvor will tap Chessyโs Haynesville gas supplies, given that play is much closer to
February 14, 2024
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February 8, 2024
Politicians on Capitol Hill aren't the only people taking aim at Joe Biden's pause on LNG export approvals (see today's companion story, Repubs Attack, Dems Defend Biden LNG Pause at House Hearing). Some 23 "red" state Attorneys General wrote a letter to President Biden and the nutty Secretary of Energy, Jennifer Granholm, to inform them
February 8, 2024
The U.S. House Energy and Commerce Subcommittee on Energy, Climate and Grid Security held a hearing on Tuesday to challenge Joe Biden's so-called pause on new LNG permits to non-free-trade partners as it "studies the impacts," including on climate change, of LNG use. Republicans blasted the Bidenistas for the havoc they have created with the
February 6, 2024
The pressure on Joe Biden to renounce his so-called pause on approving new LNG export projects is growing white-hot intense. On Friday, Jan. 26, Biden announced he has put โa temporary pause on pending decisions of Liquefied Natural Gas exportsโ (see White House Makes it Official โ Biden Declares War on LNG Exports). The reason?