LNG

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Citing Climate, Biden Pauses New LNG Export Terminals

Decision is a victory for Russia, industry groups say

(Newser) - The Biden administration is delaying consideration of new natural gas export terminals in the US, even as gas shipments to Europe and Asia have soared since Russia's invasion of Ukraine. The decision aligns with environmentalists who fear the huge increase in exports, in the form of liquefied natural gas,...

A Big First for OPEC as One Nation Pulls Out

Qatar will be leaving the oil cartel in January, the first time a Mideast nation has done so

(Newser) - The tiny Arab nation of Qatar announced Monday it will withdraw from the Organization of the Petroleum Exporting Countries, or OPEC, in January, mixing its aspirations to increase production outside of the cartel's constraints with the politics of slighting the Saudi-dominated group amid the kingdom's boycott of Doha....

6 Killed in Italy Train Explosion

(Newser) - A train carrying liquefied natural gas derailed in Italy tonight, causing explosions that killed at least six people and injured dozens more, the Times of London reports. The train jumped the tracks as it was leaving the station in the northern town of Viareggio, triggering the explosion of two gas-filled...

Exxon Plans $1B Floating Refinery
Exxon Plans $1B Floating Refinery

Exxon Plans $1B Floating Refinery

Platform 4 miles off New Jersey would supply natural gas for 5M

(Newser) - In an effort to bypass project-stalling terrestrial opposition, Exxon yesterday said it plans a $1 billion floating liquid natural-gas refinery 20 miles off New Jersey's coast, Market Watch reports. The project, which could open by 2015, would supply enough natural gas for 5 million residential customers in New York and...

4 Stories