Oil and gas traders are likely to seek waivers from Beijing over tariffs that the Chinese government plans to impose on U.S. crude and liquefied natural gas (LNG) imports from February 10, trade sources said on Thursday.Shortly after tariffs on China imposed by U.S. President Donald Trump took effect on Tuesday, China's Finance Ministry said it would impose levies of 15% on imports of U.S.
BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday.The International Chamber of Commerce International Court of Arbitration found that Venture Global breached its obligations to declare commercial operations had begun at the
Venture Global will supply 2 million tonnes per annum (MTPA) of liquefied natural gas from its Calcasieu Pass 2 project over 20 years to Italian state-controlled energy group Eni, the two companies said on Wednesday.The deal is Eni's first long-term contract for LNG supply from the United States and will help it expand and diversify its global LNG footprint.
U.S. Secretary of Energy Chris Wright approved a liquefied natural gas (LNG) export authorization to the Venture Global CP2 LNG export project proposed for Cameron Parish, Louisiana.The issuance to CP2 marks the fifth LNG-related approval from DOE since President Trump took office, following an export approval to Commonwealth LNG on February 14
Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data.The diverted cargoes could help meet additional European demand as countries seek to replace piped Russian gas after the Ukraine transit deal expired on Jan.
Muddy Water Dredging’s new cutter suction dredge (CSD) Vaneta Marie “represents the future of dredging technology”, according to Bill Wetta, senior vice president, and chief technology officer of DSC Dredge, the Reserve, La. based company that built the dredge, and one of Maritime Reporter & Engineering News' 'Great Ships of 2024.
Venture Global LNG has begun commercial operations at its Calcasieu Pass plant in Louisiana, ending a more than a three-year commissioning process at the plant, the company said on Tuesday.Venture Global will now sell LNG to its long-term customers at lower prices rather than test cargoes to the highest bidders in the red-hot global market.
Three years after it shipped its first LNG cargo, and after a two-year dispute with its customers, Venture Global LNG will begin commercial operations at its Calcasieu Pass plant in Louisiana on April 15, the company said on Monday.Long-term customers including Shell and bp have been notified of the start of commercial operations, the company said.
The Federal Energy Regulatory Commission has granted approval to U.S. LNG developer Venture Global Inc to commence service on the remainder of the facilities at the Calcasieu Pass LNG Terminal in Louisiana, according to a filing on Thursday.Last week, U.S. LNG developer Venture Global had asked federal regulators for permission to begin operations at its entire Calcasieu Pass LNG export facility