LNG
Increased capacity from new terminals and expansions drove up exports of liquefied natural gas at the quickest rate since 2016.
While discussions on the commercial terms for gas sales continue, the release of the jackup rig intended to drill production wells calls into question Shell’s plans for first gas in 2027.
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
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The US remained Europe’s biggest supplier of LNG in Q1 2021, a position it has held since mid-2019 when competition with Russia began to heat up.
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The LNG carbon-credit plan is just part of the operator’s overall ambition to be a net-zero company by 2050 or sooner.
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The latest move by Tellurian signifies a business model change from a financial partnership with LNG users to sales to traders.
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The authors write that the road to decarbonization will involve several technologies working in concert, not the use of only one at the expense of others.
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The sole bidder for the Bahia liquefied natural gas regasification terminal in Brazil was turned away for noncompliance of tender rules.
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Experts from around the world highlight that, while natural gas has an important role to play in the energy transition, it is one that changes from region to region.
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IGU report highlighted pandemic-related delays that kept many international projects from coming on line in 2020.
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The Canadian pipeline operator will also operate the proposed floating LNG project with a planned startup slated for 2027.
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Energy trader Vitol will take 3 mtpa over a 10-year period.
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The new facility is being built in partnership with RusGazDobycha and will become one the largest gas plants in the world.