US & Canada

Analysis

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U.S. LNG

Uncertainty looms over U.S. LNG, despite buyer interest

The month of April saw several modest commercial deals for U.S. LNG. But that is more than overshadowed by formidable obstacles facing new LNG projects.

drilling

Trade war drags down U.S. oil industry, drilling expected to slow

Drilling activity is expected to slow, and job losses will begin to mount as demand craters.

hydrogen hubs

U.S. Appalachia hydrogen hub facing bleak prospects

The struggling ARCH2 hydrogen hub in Appalachia is the latest in a series of failed economic development strategies based on gas, experts say.

trade war

Trump’s trade war hits oil and gas

Although Trump exempted oil and gas from tariffs, LNG could still become ensnared in trade retaliation, analysts say. And, of course, an unprovoked trade war could bring about economic recession.

NextEra Energy

Costs to build gas plants triple, says CEO of NextEra Energy 


The CEO of NextEra Energy said that gas turbines have a multi-year backlog, leading to soaring costs for new gas-fired power plants. Renewables “are cheaper and available right now.”

CERAWeek

Despite rising costs, LNG execs at CERAWeek see LT growth

At CERAWeek, gas executives boasted that demand would grow for years, or even decades to come. But they also see a problem of rising costs for their projects.

News

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أخبار

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energy security

U.S. says it will bring back “common sense” on energy security: IEA summit

The U.S. is seeking to bring “back common sense” on energy security, an IEA summit in London heard on Thursday.

US LNG

Trump pushes U.S. LNG projects forward

The Trump administration is aggressively supporting LNG, and some projects are starting to see momentum. Gulf Coast communities are paying the price.

Venture Global

Venture Global costs rise, stock price plunges

The controversial U.S. LNG exporter Venture Global reported lower revenues, and higher-than-expected costs for one of its LNG export terminals. The company has presided over the worst-performing energy IPO in three decades.

Biden breaks campaign promise with federal lands lease sale

Constrained by a court decision, the Biden administration said it would auction off land for new oil and gas drilling. But climate activists see the move as backtracking on climate progress

Long Reads

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تحقيقات

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LNG expands on Louisiana’s vanishing coastline

Already scarred by climate change, southwest Louisiana is on the frontlines of the rush to build new LNG.

U.S. LNG

Louisiana LNG could be “nail in the coffin” for local fishermen

Commercial fishing in southwest Louisiana is already facing hard times. But the rush to build Louisiana LNG export terminals may put an end to a once-vibrant industry.

Woodfibre LNG

Canada’s Woodfibre LNG rests on shaky financial prospects

The proposed Woodfibre LNG project has seen costs soar, and is not competitive with larger LNG projects on the U.S. Gulf Coast, despite generous public subsidies. Critics say it will not offer the economic benefit for which British Columbia is hoping.

Woodfibre LNG

Woodfibre LNG in Canada threatens UNESCO reserve

The scenic Howe Sound, in British Columbia, has seen a stunning improvement in marine life. But this “success story” is under threat from the proposed Woodfibre LNG project, critics say.

Texas LNG

Texas LNG buildout rests on unproven CCS claims

A major Texas LNG project is promising to be the “greenest” LNG project in the world. But critics say it rests on ‘speculative’ and unproven carbon capture and sequestration technologies.

Texas LNG

Coastal residents fear South Texas LNG buildout

While much of the Texas coast is inundated with oil and gas infrastructure, the southern coast remains largely untouched by heavy industry. That could change with big plans for Texas LNG export terminals.