11 May 2024
Top news roundup: US LNG permit rules debacle, Sarim Sheikh urges coal phaseout, Trump's fossil fuel agenda
Publication date: 26 January 2024
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Ongoing speculation regarding a potential review of US LNG permitting hit the headlines this week as environmentalists, politicians and focus groups lobbied for – and achieved – a pause on approvals for projects to export LNG, announced by the Biden administration.
Ex-Shell exec Sarim Sheikh has called for continued LNG market loosening to drive the coal to gas transition in South Asia. “At least until 2040, we just need to get rid of coal and replace it with gas,” he told Gas Matters in an exclusive interview.
Italian infrastructure player Snam revealed plans to increase green energy investment by 20% to 2027, while Santos said resuming work on the Barossa project will mean taking a USD 300 million hit.
Here’s your weekly catch up service of the top issues that made the news this week:
New 4MPTA Texas LNG plant receives state-wide permit nods [1]
US industry risks LNG delays, disruption amid wait for stricter permit rules [2]
Japan sees rising imports of Russian LNG towards end of 2023 [3]
TotalEnergies wraps up second US offshore wind deal with 20-year New Jersey contract [4]
Snam hikes green investment by 20% in five-year plan [5]
QatarEnergy confirms LNG diversion as insurance, staff costs rise on Gaza conflict [6]
Santos reveals up to $300m hit from Barossa court case outage [7]
Trump’s energy stance is 'drill, baby, drill' – what about the other 2024 candidates? [8]
Energy sector’s M&A deals parallel 2000’s ‘supermajors’ surge, Enverus says [9]
LNG price loosening needs to last to block coal rebound, says ex-Shell exec Sarim Sheikh [10]
Mega election year 2024 set to be watershed moment for COP 28 goals, LSEG says [11]
Further delays to EDF's Hinkley Point C leave questions over UK's nuclear bet [12]
IEA says record nuclear, renewables use pushing power emissions into decline [13]
EDF takes 2.4 GW of nuclear power capacity offline in the UK for valve inspections [14]
TotalEnergies drives Nordic wind pact with European Energy against tough market [15]
Why EPA risks ‘overstepping’ bounds on TC Energy's GTN XPress project [16]
UK hikes funding for Sizewell C nuclear plant, FID expected later in 2024 [17]