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There is trouble brewing along the Gulf Coast between Venture Global LNG and its biggest customers: BP, Shell, Edison International (an Italian utility company), Repsol, and GALP Energia (a Portuguese energy company). Venture Global is building the Calcasieu Pass LNG export facility in southwestern Louisiana’s Cameron Parish, less than 50 miles south of Lake Charles.
We're more familiar perhaps with companies such as apple, such as google, meta, for example. but this is a huge, huge company that in fact, dwarfs many of the better known companies around the world. well, that's right. saudi aramco is one of the largest publicly listed companies in the world. its market value is in trillions, one of the few companies. and the reason is that it's the largest exporter of oil in the world. and saudi arabia, as a country, sits on about 16% to 17% of oil reserves in the world. so that makes saudi's a very significant market when it comes to energy and saudi aramco...
The U.S. Energy Information Administration (EIA) is reporting feed gas (natural gas) delivered to LNG export facilities for the first six months of this year hit a new all-time average high of 12.8 Bcf/d (billion cubic feet per day). We hit that high after the Freeport LNG facility finally came back online following a June
This type of stability has already been there. Have to see the lower spread also because whenever we go in a forward contract, there is a very big spread. So he can easily look on future exchange platform where as compared to other forward mechanism spreads are quite low.
Yesterday MDN brought you jammed-packed news about EQT Corporation, the country's largest natural gas driller and producer, from the company's second quarter update (see EQT Sets World Drilling Record; Tug Hill Deal to Close Next 30 Days). Tucked into all of the news and comments made by EQT management, we missed one important detail that