U.S. LNG Risks Becoming Victim of Its Own Success Amid Global Glut
The U.S. LNG industry faces a looming global glut and rising domestic gas prices as export capacity surges while AI-driven power demand tightens supply at home.
The U.S. LNG industry faces a looming global glut and rising domestic gas prices as export capacity surges while AI-driven power demand tightens supply at home.
MPLX LP has appointed Ray N. Walker, Jr., former COO of Encino Energy and Range Resources, to its board of directors as the company advances its natural gas and NGL growth strategy.
Antero Resources and Antero Midstream named Michael Kennedy as CEO and president, succeeding Paul Rady, who transitions to chairman emeritus. The leadership changes also include new board chairs and CFO appointments.
President Trump will appoint Democrat David Rosner as FERC chair, an unexpected move that could shift U.S. energy policy priorities. The nomination comes as the White House seeks greater control over the commission and advances its America First agenda.
Hess Midstream appointed Chevron executives to its board and promoted Jonathan Stein to CEO following Chevron’s $53 billion merger with Hess. The midstream firm says it will continue focusing on operational strength and shareholder returns.
Brent crude reversed course after President Trump announced a ceasefire between Israel and Iran, dropping over 7%. While headlines credited the U.S. bombing campaign, the real influence may lie in the silence of Iran’s key allies like China and Russia.
The ROSEN Group has named Andreas Opfermann as its next chief executive officer, effective July 1, 2025. He succeeds interim CEO Erik Cornelissen, who will take on the newly created role of chief customer officer.
President Trump will nominate energy lawyer Laura Swett to lead FERC, according to current Chair Mark Christie. A former adviser at the agency, Swett must be confirmed by the Senate as FERC plays a key role in LNG and pipeline permitting.
Williams announced a leadership transition, with CEO Alan Armstrong moving to Executive Chairman and Chad Zamarin named as the company’s new CEO, effective July 1, 2025.
Czechia has the infrastructure, reserves, and access to alternative suppliers to eliminate its Russian oil imports. Yet, three years into Russia’s full-scale invasion of Ukraine, the Czech Republic continues to delay this strategic shift, despite the availability of viable alternatives.
Enbridge Inc. has appointed Steven W. Williams as its new Chair of the Board, effective May 7, 2025, following the retirement of current Chair Pamela L. Carter.
Fletcher, who has served as NSMP’s chief commercial officer for the past year, takes over as the midstream operator continues efforts to support UK energy security and transition efforts.
The U.S. Senate on Monday confirmed Chris Wright, a fracking executive, to be President Donald Trump's energy secretary.
The INGAA Foundation Board of Directors has elected Kim Tarr, Vice President of Field Operations at Boardwalk Pipelines, as chair and Dave Coffin, Chief Commercial Officer for Evraz Inc. North America, as vice chair for a one-year term.
INGAA has announced Michael McMahon, Senior Vice President and General Counsel of Boardwalk Pipelines, as its chairman for 2025. Alongside this news, INGAA extended congratulations to Mark Christie on his appointment as Chairman of FERC.
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