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.
U.S. Gulf of Mexico energy firms on Friday were lumbering back from hurricane disruptions as offshore oil and gas producers ramped up operations after halving the key energy region's output, ports reopened, and onshore terminals accepted oil and liquefied natural gas (LNG) tankers.Hurricane Francine shut in up to 42% of the region's offshore oil and 53% of its natural gas production.
U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to prepare for Tropical Storm Francine on Monday as it churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South.Francine is likely to bring life-threatening storm surge to the upper Texas and Louisiana coasts and hurricane-force winds to Southern Louisiana this
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.
U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans.Their confidence is buoyed by Trump's promise to end an expanded Department of Energy review that has slowed new export permits.
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.
U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana, east of Cameron Parish that is home to several of the newly operating projects, with 90 mile-per-hour (145 kph) winds.
Oil and gas producer BP Plc told federal regulators on Wednesday that it has reviewed confidential commissioning documents and does not believe Venture Global LNG needs more time to begin commercial production.Venture Global LNG's Calcasieu Pass plant has been at the center of a long-running dispute involving energy companies including BP and Shell over access to LNG from the plant.
U.S. liquefied natural gas (LNG) exporter Venture Global LNG must refile emissions data for its Calcasieu Pass 2 plant construction permits, regulators said on Wednesday.The Alexandria, Virginia-based LNG developer had not included the impact of tanker and support vessel emissions in its recently revised filing, the Federal Energy Regulator Commission (FERC) said.
Venture Global LNG said on Sunday it would acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes.Venture Global LNG has exported hundreds of cargoes since it started liquefying gas for export in 2022 from the first of its three planned facilities in Louisiana. The vessels it used were owned by other companies and leased.