In The News

AJOT - Port of Corpus Christi finishes fiscal year 2021 with record tonnage
Tuesday, 01/18/2022

January 18, 2022 – American Journal of Transportation

Port of Corpus Christi finishes fiscal year 2021 with record tonnage

LNG exports fueled much of the growth, reaching 15.7 million tons as the global energy markets continue to recover from the demand destruction wrought by the COVID-19 pandemic last year. In addition, the Port of Corpus Christi saw increases in break bulk cargo such as wind energy components, natural gas liquids, as well as refined products such as diesel and motor gasoline. The Port of Corpus Christi also saw its best quarter in Q4...

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NGI - For First Time in New Year, February Natural Gas Futures Eclipse $4
Monday, 01/10/2022

January 10, 2022 – Natural Gas Intelligence

For First Time in New Year, February Natural Gas Futures Eclipse $4

By: Kevin Dobbs

What’s more, U.S. LNG feed gas volumes held above 12 Bcf to start the week – near full capacity and within striking distance of recent records – reflecting solid demand from Asia and Europe. Both continents have entered the heart of winter. Europe, in particular, is light on supplies following extreme weather and robust demand in 2021. Modest flows of gas from Russia because of political strife between that country and...

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BOE Report - Heavy crude differential edges narrower
Thursday, 01/06/2022

January 6, 2022 – BOE Report

Heavy crude differential edges narrower

Western Canada Select heavy blend crude for February delivery in Hardisty, Alberta, last traded at $12.10 per barrel below the WTI benchmark, according to NE2 Canada Inc, having settled at $12.15 per barrel below the U.S. crude benchmark on Tuesday.

That was the narrowest WCS differential since early October.

RBN Energy analyst Martin King said stronger demand from refiners in the U.S. Midwest was helping support prices, while cold weather in northern...

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NGI - OPEC-Plus Agrees to Ramp Up Oil Output Despite Omicron
Wednesday, 01/05/2022

January 5, 2022 – Natural Gas Intelligence

OPEC-Plus Agrees to Ramp Up Oil Output Despite Omicron

By: Kevin Dobbs

A coalition of major oil producing countries agreed on Tuesday to further boost output to meet expectations for strong demand, despite concerns about the rapidly spreading Omicron variant of the coronavirus…

Read the full article here: https://www.naturalgasintel.com/opec-plus-agrees-to-ramp-up-oil-output-despite-...

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Reuters - NextDecade delays Rio Grande LNG decision until second half
Tuesday, 01/04/2022

January 4, 2022 – Reuters

NextDecade delays Rio Grande LNG decision until second half

By: Marcy De Luna

NextDecade has agreed to supply Royal Dutch Shell (RDSa.L) with 2 million metric tons per year of LNG over 20 years from the proposed facility near Brownsville, Texas.

The plant will have a minimum of two trains producing 11 million metric tons per year, the company said.

The project would include the capture and storage of more than 5 million metric tons per year of carbon dioxide.

Several U.S. LNG projects have been...

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