Global liquefied natural gas (LNG) imports increased 9.9% in 2017 to 289.8 million tons, the highest annual growth rate since 2010, according to the latest annual report by the International Association of Liquefied Natural Gas Importers (GIIGNL). Despite several delayed start-ups, new liquefaction capacity continued to come online in various areas of the world ranging from the U. »

Trey Hamblet, Industrial Info's Vice President of Research for the Chemical Processing Industry, will present an outlook on the industry's spending trends at the Rice Global E&C Forum on Friday, June 8. The forum event will be held 11:15 a.m.-1:45 p.m. at Grand Hall in the Ley Student Center at Rice University. The »

Industrial Info is tracking more than $231 billion in active Oil & Gas Production projects in Canada, including more than $33 billion worth that are set to begin construction before the end of the year. Industrial Info also is tracking more than $40 billion in active Pipeline projects in Canada, including about $16 billion worth that are set to begin »

Industrial Info Resources is pleased to be holding a complimentary Market Outlook & Networking Event on May 2 in Valley Forge, Pennsylvania. Industrial Info’s industry experts will be discussing the latest trends that will impact project spending in North America. Among the market regions to be discussed are the Northeast and New England, where Industrial Info is tracking more »

The Dominion Energy Cove Point (DECP) liquefied natural gas (LNG) terminal in Maryland has begun commercial service for natural gas liquefaction and export, Dominion Energy announced Tuesday. After completing a planned maintenance outage, the facility has been ramping up to full production of LNG from natural gas provided by its export customers since late March. DECP will produce LNG for »

Demand for liquefied natural gas (LNG) is forecasted to grow at a rate of 4.5% per year. When combined with declining availability of LNG from traditional suppliers such as Indonesia, Malaysia, Algeria and Australia's Northwest Shelf, it will be necessary to approve another 28 million-30 million tons per year of production to meet demand by 2020. This means the »

The United States exported more natural gas than it imported in February, April and May of 2017, according to the Energy Information Administration. On an average annual basis, the United States has been a net natural gas importer for nearly 60 years. Declining net pipeline imports from Canada, growing natural gas pipeline exports to Mexico and increasing exports of liquefied »

Researched by Industrial Info Resources (Sugar Land, Texas)--The opening of the expanded Panama Canal last year has been a boon for growing U.S. liquefied natural gas (LNG) and liquefied petroleum gas (LPG) exports, according to a new report by Morningstar Commodities Research (Chicago, Illinois). The Panama Canal Authority opened up new locks on June 25, 2016, to allow »

The U.S. Energy Information Administration (EIA) projects liquefied natural gas (LNG) gross exports will average 1.9 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. By the end of 2017, trains 1 through 4 at Cheniere's Sabine Pass facility in Louisiana are expected to be fully operational, and Cove Point »

As President Donald Trump calls for a new era of U.S. energy dominance, South Korea energy companies have announced a slew of memorandum of understanding (MOU) agreements to promote the development and export of U.S. liquefied natural gas (LNG). As part of the administration’s Energy Week events, Trump said the “golden era of American energy” is under »

FERC to Prepare Environmental Impact Study for Jordan Cove LNG The Federal Energy Regulatory Commission (FERC) has issued a notice of intent to prepare an environmental impact statement for the planned $6 billion Jordan Cove liquefied natural gas (LNG) liquefaction facility and terminal project in Coos Bay, Oregon, and the 231-mile Pacific Connector pipeline project. Voters in Coos County rejected »

The U.S. Department of Energy (DoE) has signed an order authorizing Golden Pass Products LLC to export liquefied natural gas (LNG) to countries that do not have a free trade agreement (FTA) with the U.S. Golden Pass will be allowed to export the equivalent of 2.21 billion cubic feet per day (Bcf/d) of natural gas from »

In the first of three webinars on the Oil & Gas Industry to be held this year, experts from Industrial Info examined spending trends in the Americas. With more than 120,000 active projects in progress that boast a total investment value of nearly $14 trillion, the three major segments--upstream, midstream and downstream--are seeing an improvement in their fortunes. Gordon »

Industrial Info will offer its view of the global and U.S. footprint of current and future liquefied natural gas (LNG) assets and future assets during a panel discussion at the LNG U.S. Summit on February 24 in Houston, Texas. Shane Mullins, Industrial Info's vice president of product development for energy markets, will participate in a panel discussion on »

Followers of the Natural Gas Industry now have a new source of information at their fingertips for Natural Gas Traders – IIR Energy’s NatGas Weekly Beacon. The subscription-based publication includes the latest project information on pipelines, natural gas processing, liquefied natural gas (LNG) plants, power generation, and terminals and more, along with detailed updates on projects nearing completion. Jesus Davis, »

Cheniere Energy is reaping rewards following the start-up of production and exports at its Sabine Pass LNG Terminal earlier this year. Revenues have skyrocketed as the first U.S.-based exporter of liquefied natural gas (LNG) entered its ninth month of production at the facility, completed production on a major component and commissioned activities on a third. The company saw »

Petroliam Nasional Bhd, better known as Petronas, is considering selling its majority stake in the $27 billion Pacific NorthWest Liquefied Natural Gas (LNG) plant, three people familiar with the matter told Reuters. Petronas, however, "categorically denied" the Reuters story. "Petronas reiterates that, together with the project partners, it will study the conditions that come with the approval and conduct a »

Canada's federal government has approved the Pacific NorthWest LNG (Liquefied Natural Gas) project in British Columbia, with 190 legally binding conditions, according to CBC News. Environment Minister Catherine McKenna said the project is worth an estimated $11 billion and would be one of Canada's largest resource development projects. McKenna said the approval decision was taken following "extensive studies" on the »

Cheniere Energy Partners says it has achieved substantial completion of Train 2 of the Sabine Pass Liquefaction project in Louisiana. Engineering, procurement and construction (EPC) contractor Bechtel is turning over care, custody and control of the 4.5 million-tonne-per-year production train to Cheniere. Cheniere says it will start commercial delivery of liquefied natural gas (LNG) to Gas Natural Fenosa in »

A global overabundance of liquefied natural gas (LNG) is diminishing prices and proving tricky for Cheniere Energy (NYSE:LNG) (Houston, Texas), which began exporting the product earlier this year. Although the company lost just shy of $300 million in the second quarter of 2016, compared with a loss of about $118 million in the same period last year, executives are »