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Natural gas is liquefied by lowering the temperature of the hydrocarbon to approximately -260 degrees Fahrenheit (-160 degrees Celsius). This temperature drop liquefies the methane present in the ...
Last month's start-up of LNG Canada, the country's first large-scale liquefied natural gas export facility, has failed to lift Western Canadian natural gas prices as quickly as some market ...
Equinor Chief Financial Officer Torgrim Reitan discusses the company's performance in the second quarter as profit fell on ...
Liquefied natural gas (LNG) ships carry the liquid gas to its destination. At destination, LNG is warmed, known as regasification, changing it back to gas. Natural gas is delivered to customers ...
As natural gas prices rose in 2022, heavy industries that require large amounts of natural gas or electricity — such as fertilizer production and aluminum smelting — saw their costs skyrocket.
Last year was the year of liquefied natural gas. Russia’s decision to curtail pipeline gas supplies to Europe sent prices through the roof and threatened to push Europe into recession. The panic ...
About 40% of the natural gas that Europe imports comes from Russia. And under a deal announced last Friday, the U.S. would start boosting supplies to Europe by next winter.
America’s liquefied natural gas boom has a climate change problem, according to a report released on Monday. The US energy industry is scrambling to build dozens of expensive export terminals ...
Liquefied Natural Gas Prices Will Steam Up Again LNG prices have mostly trended lower since hitting $40 per MMBtu this spring. But neither warmer weather nor lower gas bills are likely to last.
Natural gas flows to the seven big U.S. LNG export plants climbed an average of 14.9 billion cubic feet per day (bcfd) so far in January, up from a monthly record of 14.7 bcfd in December.
The deal he announced, in Brussels earlier on Friday, lacked many details but contained some big goals: The United States would send an additional 15 billion cubic meters of liquefied natural gas ...
New Fortress Energy Inc., a struggling company founded by billionaire Wes Edens, is withholding a liquefied natural gas ...