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TotalEnergies Agrees 15-year LNG Supply Deal with Enadom

Oil & Gas‚ Oil and Gas Industry | intent | April 17, 2025 | Comment off

Global energy major TotalEnergies SE signed a heads of agreement (HoA) with Energia Natural Dominicana Enadom, S.R.L. (Enadom) for the delivery of 400,000 tons of liquefied natural gas (LNG) per year. TotalEnergies said in a media release that the HoA with the joint venture between AES Dominicana and Energas in the Dominican Republic is subject to the finalization of sale and purchase agreements (SPAs). Once the SPAs are signed, the agreement will start in mid-2027, with a 15-year term, and the price will be indexed to Henry Hub.

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You Can’t LNG Your Way Out of a Trade Deficit

Oil & Gas‚ Oil and Gas Industry | intent | April 14, 2025 | Comment off

Taiwan was slapped with a 32% tariff, which has been halted for 90 days, although it had just made some big commitments to invest in the U.S., including in U.S. energy projects. Last month, Taiwan’s state-held oil and gas company CPC Corporation signed a letter of intent to invest in the $44-billion Alaska LNG export project and buy LNG from it as part of a move to bolster its gas supply and energy security.

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LNG Canada Moves Closer to Launch

Oil & Gas‚ Oil and Gas Industry | intent | April 3, 2025 | Comment off

LNG Canada is the country’s first project for the export of superchilled fuel, with a focus on Asian markets as the biggest demand driver. Eventually, however, Canada could potentially supply 36.2 million tons of LNG per year by 2040, according to estimates by Wood Mackenzie. That’s despite statements by the previous Canadian government that there was no business case for liquefied natural gas in the country. The statements were made in response to a request by the former German chancellor, Olaf Scholz, for potential LNG supply deals with Canada.

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Shell CEO seen focusing on LNG as key part of growth strategy

Oil & Gas‚ Oil and Gas Industry | intent | March 25, 2025 | Comment off

Shell Plc will update its strategy on Tuesday, just a month after rival bp Plc unveiled a fundamental “reset.”

Shell CEO Wael Sawan is in the final stages of a two-year effort to shake up Shell by cutting costs, improving reliability and shedding under-performing units. Analysts and investors will be looking for plans for growth at the company’s crucial liquefied natural gas business and reassurance on oil reserves.

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U.S. LNG’s Kingmaker Status Has an Expiration Date

Oil & Gas‚ Oil and Gas Industry | intent | March 12, 2025 | Comment off

Once upon a time, in the not-so-distant past, the United States was the world’s largest importer of energy, guzzling down foreign oil and gas like a frat boy at a kegger. But the script has since flipped. Thanks to the shale revolution and a penchant for hydraulic fracturing (fracking), the U.S. has transformed from energy junkie to pusher, with liquefied natural gas (LNG) as its hottest commodity.

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