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.

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.

One of the president’s executive orders offers a new path for getting a gas development across the finish line.

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.

"Portugal to increase LNG purchases from US, Nigeria, reduce Russian imports" was originally created and published by Offshore Technology, a GlobalData owned brand.

Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could provide relief for gas importers and help pad profits for traders.

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,

LISBON (Reuters) - Portugal plans to increase purchases of liquefied natural gas (LNG) from the United States and Nigeria as it aims to end already dwindling supplies from Russia, Environment Minister Maria da Graca Carvalho said on Tuesday.

The San Francisco-based company, which is incorporated as Maplebear Inc, was priced at the top end of the marketed range in its IPO. It raised $660 million at a nearly $9.9 billion valuation in September 2023.

Despite President Trump's intentions, a significant uptick in U.S. oil production is highly unlikely', Rystad noted in a special U.S. policy oil and gas market update sent to Rigzone.