An increase in LNG production in the United States after President Donald Trump ended a moratorium on new export permits should benefit consuming nations like India, the chief executive of the country's top gas importer said on Monday.
If completed, the Argent LNG project in Port Fourchon could supply cargoes to Petrobangla, Bangladesh's state-owned company.
New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the coming years, a senior Exxon Mobil Corp. executive said.
The Texas construction contractor that last year quit the Golden Pass liquefied natural gas plant project, a joint venture between QatarEnergy and Exxon Mobil , could exit Chapter 11 bankruptcy before April,
US President Donald Trump’s unfreezing of his predecessor Joe Biden’s pause on new liquefaction permitting for exports could prompt developers to move ahead on six new LNG projects this year, creating demand for over 120 additional LNG carriers within this decade, Clarksons LNG said.
State-run Petronet LNG on Monday reported a 27 per cent Y-o-Y decline in its consolidated net profit at ₹867 crore during the October-December quarter in the current financial year. On a sequential basis, the profits rose by 2 per cent.
India’s largest liquefied natural gas (LNG) importer, Petronet LNG, registered a 25.6 per cent year-on-year decline in consolidated profit at Rs 901.7 crore for the third quarter (October-December) of FY25,
Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could provide relief for gas importers and help pad profits for traders.
And in recent years, Germany, Japan, South Korea, and Taiwan have reached out to Canada begging (or requesting) natural gas only to be rebuffed or met with disappointment. Infamously, Prime Minister Justin Trudeau’s asserted that there was no “business case” for supplying LNG to the EU.
European gas reserves are some 17 billion cubic metres (bcm) lower than at the same time in 2024, according to ICIS analyst Alex Froley
Increased oil supplies will moderate prices. But renewable energy will now have to compete with fossil fuel industry