Japan's biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centres and AI, a senior executive told Reuters.
Venture Global expects to begin trading on Friday on the New York Stock Exchange with an initial public offering (IPO) priced at $25 per share, the US liquefied natural gas exporter said. Another 10.5 million shares will be made available to Venture Global’s underwriters.
Trump’s aggressive push for LNG may indeed unlock a new era of US energy dominance, but it comes at a steep cost. By sidelining clean energy initiatives and reversing progress on climate goals, the administration risks leaving the US isolated in a world increasingly committed to sustainability.
Japan's largest LNG buyer, JERA, is seeking to diversify its supply by increasing purchases from the United States.
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
LNG freight rates fell to record lows, with Atlantic rates dropping for a third straight week to $9,000/day on Friday driven by an influx of newly built vessels and the directing of U.S. spot cargoes to Europe, said Spark Commodities analyst Qasim Afghan.
Willems said: “Shell’s view is that burning methanol doesn’t make sense.” He pointed out that methanol has a higher carbon footprint than fuel oil. Willems added that, based on current technology, bio-methanol is also made from biogas and is less efficient to produce than bio-LNG.
Trump has pledged to ensure Europe’s LNG needs are met, even if it impacts domestic prices, while urging increased EU purchases to address trade imbalances.
(Reuters) -Liquefied natural gas exporter Venture Global said on Thursday it had raised $1.75 billion, marking the first big initial public offering of President Donald Trump's second term as investors bet on his plan to boost U.
Venture Global LNG has raised $1.75 billion after pricing its U.S. initial public offering within range, the second-largest exporter of liquefied natural gas in the United States said on Thursday. The company priced its offering of 70 million shares at $25 each,
Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centres and AI, a senior executive told Reuters.