By Kelly Gilblom and Naureen S. Malik (Bloomberg) -- The billionaire evangelist of U.S. natural gas exports is finding himself having some surprising conversations these days. Charif Souki, who co-founded the only company shipping America’s shale gas bounty to foreign buyers, said when he flies to Asia or South America to sign deals for his new firm, no one’s … [Read more...]
First American Shale Gas Arrives in Stormy UK
By Russell Cheyne GRANGEMOUTH, Scotland, Sept 27 (Reuters) - Britain's first shale gas delivery from the United States sailed into a heated European political debate on fracking on Tuesday and immediately ran into its first practical problem - the Scottish weather. The huge "Ineos Insight" tanker had entered the Firth of Forth at sunrise, a lone Scots piper playing on its … [Read more...]
LNG Carrier ‘Asia Vision’ Arrives in Brazil with First Exported U.S. Shale Gas Cargo
By Harry R. Weber (Bloomberg) -- The tanker carrying the first cargo of natural gas from U.S. shale formations was entering Brazil on Tuesday after leaving Cheniere Energy Inc.’s Sabine Pass terminal in Louisiana on Feb. 24. The liquefied natural gas tanker Asia Vision was arriving at port in Rio de Janeiro, according to shipping data compiled by Bloomberg. Petroleo … [Read more...]
Delta Airlines’ Refining Arm Charters Jones Act Tanker
By Anna Louie Sussman NEW YORK, July 25 (Reuters) - Delta Air Lines Inc's refining unit has chartered a U.S.-flagged oil tanker for the first time, allowing it to tap directly into cheap Texas shale oil as the company overhauls its supply strategy. Monroe Energy LLC, the Delta subsidiary that runs the airline's 165,000 barrel per day (bpd) Trainer refinery, has … [Read more...]
China Makes Shale Gas “Strategic Breakthrough”
Jan. 23 (Bloomberg) -- China Petrochemical Corp., Asia’s biggest refiner, made a “strategic breakthrough” in shale gas exploration in southwest China’s Sichuan province. The company also had a significant advance in shale gas exploration technologies, Chairman Fu Chengyu said in a statement on the company’s official microblog at Sina.com amid its annual work conference in … [Read more...]