US & Canada
The Trump administration is aggressively supporting LNG, and some projects are starting to see momentum. Gulf Coast communities are paying the price.
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.
The EU is phasing in methane regulations for imported gas over the next few years. At CERAWeek, there was disagreement over how easy it will be to comply.
Some oil and gas executives took a victory lap following a shift in the U.S. and Europe away from climate action. But volatile decision making in Washington, and market gyrations, cast a shadow over conference proceedings.
Canada and Mexico have expressed shock at the unprovoked trade war launched by the U.S. President. The energy sector will take a hit.
As part of the Trump administration’s deregulatory blitz, Congress scrapped a key climate policy from the Biden era.
Chevron boasted of returning $27 billion in cash to shareholders in 2024. But now the company is eliminating thousands of jobs even as it promises to keep increasing shareholder payouts.
The threat of punitive tariffs on Canada has highlighted the country’s dependence on the U.S. market. In response to the threat of a trade war, Canadian officials are eyeing more oil and gas pipeline and export projects to Europe and Asia, but critics warn of doubling down on fossil fuels.
Trump promised to supercharge U.S. LNG exports. But his trade war with China could backfire on the industry.
Already the largest LNG exporter in the world, U.S. LNG export capacity is set to climb. New government data sees domestic prices rising as a result.
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.
In a court filing, Rio Grande LNG and Texas LNG argue that a recent executive order by President Trump should clear up legal challenges against their projects. Environmental opponents say the executive orders cannot change existing laws, and that the projects should be stopped.
The controversial LNG export terminal Calcasieu Pass has had operational problems for more than two years, resulting in chronic air pollution. A landowner reports witnessing excessive gas flaring at the site in late September.
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
Already scarred by climate change, southwest Louisiana is on the frontlines of the rush to build new LNG.
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.
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.
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.
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.
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.