LNG Bubble Is Going To Deflate Rapidly With Harsh US Impacts

Credit to Author: Michael Barnard| Date: Fri, 31 Jan 2025 20:26:15 +0000

LNG exports are a big US success story in recent years. The first large export terminal was commissioned in 2018, and only seven years later, the country is the largest LNG exporter in the world, providing about 20% of the global supply. The industry has had a lot of favorable … [continued]

The post LNG Bubble Is Going To Deflate Rapidly With Harsh US Impacts appeared first on CleanTechnica.

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EIA Expects Higher Wholesale U.S. Natural Gas Prices As Demand Increases

Credit to Author: US Energy Information Administration| Date: Fri, 24 Jan 2025 04:40:59 +0000

We expect increases in the Henry Hub natural gas price in 2025 and 2026 as demand for natural gas grows faster than supply, driven mainly by more demand from U.S. liquefied natural gas (LNG) export facilities, reducing the natural gas in storage compared with the last two years. In our January Short-Term … [continued]

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Donald Trump Reverses Joe Biden’s LNG Pause on Day 1

Credit to Author: Zachary Shahan| Date: Tue, 21 Jan 2025 04:55:55 +0000

Donald Trump has taken office. One of his first actions as president (again) has been to end the pause on liquefied natural gas (LNG) exports. More fossil fuels are allowed to flow again. Here’s the full statement from the US Department of Energy: “The U.S. Department of Energy (DOE), effective … [continued]

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U.S. EIA Extends 5 Key Energy Forecasts through December 2026

Credit to Author: US Energy Information Administration| Date: Thu, 16 Jan 2025 04:44:57 +0000

In our January 2024 Short-Term Energy Outlook, which includes data and forecasts through December 2026, we forecast five key energy trends that we expect will help shape markets over the next two years. Electricity consumption will start growing, driven by new demand sources After almost two decades of relatively little … [continued]

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First of Several LNG-Fueled Power Plants Comes Online in Vietnam

Credit to Author: Darrell Proctor| Date: Tue, 14 Jan 2025 18:37:20 +0000

PetroVietnam Power (PV Power), a subsidiary of state-owned PetroVietnam, said it has started initial operation of the first of two 812-MW LNG-fired units at its Nhon Trach power plant, located […]

The post First of Several LNG-Fueled Power Plants Comes Online in Vietnam appeared first on POWER Magazine.

nhon-trach-3-0955-1107

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WoodMac Analysis Says Trump Energy Agenda Will Face Roadblocks

Credit to Author: Darrell Proctor| Date: Tue, 19 Nov 2024 00:13:30 +0000

An analysis from global data and analytics group Wood Mackenzie says Republican control of the White House and Congress means U.S. energy policy will move away from net-zero emissions targets, […]

The post WoodMac Analysis Says Trump Energy Agenda Will Face Roadblocks appeared first on POWER Magazine.

J.K. Spruce

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