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July 27, 2023
Tuesday morning, a portion of the Columbia Gas Transmission pipeline in rural western Virginia exploded and caught fire (see Columbia Gas Pipeline Near Interstate 81 in Va. Explodes, Big Fire). Fortunately, the blast did not hurt nearby residents, nor were there any injuries among first responders who helped extinguish the fire. However, Columbia shut down
July 24, 2023
An Exxon Mobil executive told the Nikkei news service his company is looking to nearly double the volumes of liquefied natural gas (LNG) it is handling to more than 40 million tons per annum (MTPA) by 2030. Exxon currently handles roughly 22 MTPA now. The company plans to invest in LNG projects, offshore oil in
July 20, 2023
Cheniere Energy CEO Jack Fusco dropped a verbal bomb at the LNG 2023 conference held last week in Vancouver, British Columbia (Canada). Fusco told journalists that his company "will likely build a pipeline" that connects to other pipelines to flow even more natural gas to its Sabine Pass LNG export facility that sits near Sabine
July 20, 2023
The other thing as there are a lot of things in this economy that the new finance minister is trying to ride and one of those is a balance of payments crisis which means the country are spending far more in importing goods than it is making exporting goods which are something weve seen president erdogan this week in the gulf trying to secure deals from the uae and saudi arabia and yesterday it was announced the uae has announced $250 billion worth of investment deals across all kinds of investme...
July 19, 2023
Yesterday, Japanโs JERA Co. Inc. and Korea Gas Corp. (KOGAS) announced a new initiative called the Coalition for LNG Emission Abatement toward Net-zero (โCLEANโ). The private-public initiative has the support of the governments of Japan, South Korea, Australia, the U.S., and Europe, whose representatives signed a framework agreement for creating a mechanism to monitor methane
July 19, 2023
In April 2022, MDN told you about Nopetro LNGโs plans to construct and operate as many as three liquefaction trains in Port St. Joe, Florida, that will liquefy up to 3.86 billion cubic feet (Bcf) per year of natural gas for export and delivery to markets in the Caribbean, Central America, and South America (see
July 13, 2023
Driftwood LNG, a 27.6 million tonnes of LNG per year facility that will cost on the order of $16.8 billion to build, has not made an official final investment decision (FID) to proceed with building the FERC-approved project. However, construction began on the project in March 2022 (see Tellurian Begins Construction of Driftwood LNG with
July 10, 2023
LNG, or liquefied natural gas, is an important market for Marcellus/Utica drillers. It's also a big deal worldwide. In 2022, global trade in LNG set a record high, averaging 51.7 billion cubic feet per day (Bcf/d), a 5% increase compared with 2021. At one point in 2022, the U.S. became the largest LNG exporter in
July 7, 2023
ADDIS ABABA, July 7 (Xinhua) -- Coffee exporters in Ethiopia, known as the birthplace of Arabica coffee, are enjoying the rising coffee market in China as an in
July 5, 2023
Thats the problem. thats going to be the challenge. >> bill: here is the thing. silicon valley listened. when they were given a request they followed what was coming out of washington. got 30 seconds. there is a tit-for-tat between beijing and washington happening every week right now. china says it will restrict the exporting of two different metals used in electric vehicles and in semi conductors. janet yellen is going to china this week. put these two together. >> yeah, look. we give credit t...