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...LNG plants are big consumers of shale gas produced in areas such as western Pennsylvania — and drillers were banking on a wave of new planned projects to buy more fuel in future....
...But sharp falls in natural gas prices and reduced oil refinery margins dented their earnings in the first three months of the year, causing both companies’ shares to dip in early trading....
...Rising shale supplies also helped keep the lights on in Europe following Moscow’s full-scale invasion of Ukraine in 2022, with shipments of US liquefied natural gas — previously labelled “molecules of US...
...A Russian liquefied natural gas project subject to US sanctions is close to exporting its first cargo after Chinese expertise filled the technical and logistical void left by western companies....
...existing natural gas infrastructure....
...The White House’s decision to pause approvals for new liquefied natural gas projects has angered the shale gas industry, a big employer in Pennsylvania....
...At Total, he has maintained a strategy of pursuing profitable oil projects while shifting more into gas as the company’s core fossil fuel....
...A surge in demand for electricity to feed data centres and to power an artificial intelligence revolution will usher in a golden era for natural gas, producers say....
...The writer is professor of political economy at the University of Cambridge and author of ‘Disorder: Hard Times in the 21st Century’ The assumption that Europe could not forsake Russian natural gas did...
...Natural gas producer EQT has announced that it plans to acquire its former unit Equitrans Midstream, in a deal that would give the combined company an enterprise value of more than $35bn....
...Chevron’s first-quarter earnings beat analysts’ expectations but were lower than a year ago due to lower international natural gas prices and reduced margins in its refinery business....
...There is so much natural gas in west Texas that prices in March turned negative....
...But Equinor is still first and foremost an oil and gas company....
...The rules will set stricter emissions standards for existing coal plants and new natural gas plants — but not existing gas plants — and recommend controversial carbon capture and storage technology for the...
...Europe’s energy crisis began in 2021 as the region exited a prolonged cold winter with low natural gas storage levels....
...Qatar plans to further increase its liquefied natural gas (LNG) production capacity following the discovery of vast new gas reserves, as it looks to tap surging demand from China and other Asian nations....
...Italy, still buying Russian pipeline gas in 2023, has declared it will finally “kick the habit” in 2024 as more Algerian piped gas and global liquefied natural gas become available....
...Charif Souki, a pioneer of the US liquefied natural gas industry, has been ordered to repay $100mn to his lenders months after he was ousted from his latest venture....
...“As we enter the global era of natural gas, it is imperative for US natural gas companies to evolve their business models to compete on the global stage,” Rice said....
...US natural gas prices have plunged to a near-three-decade low as what is set to be the country’s warmest winter on record slashes demand for the heating fuel just as production surges to record levels....
...The changes reflect chief executive Wael Sawan’s plans to keep oil production flat and expand sales of liquefied natural gas while being more selective about the types of low-carbon energy products it sells...
...Oil and natural gas bring in about 90 per cent of Azerbaijan’s export revenues and finance about 60 per cent of the government budget, according to International Energy Agency figures....
...“There was a big shift against natural gas, of course, when the price was very high, and it was seen as unreliable....
...Almost half of Mexico’s energy mix comes from natural gas, with about 70 per cent of that demand met by the US....
...from western Europe”....
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