LNG

NV5 Awarded $8 Million in LNG Utility Projects to Begin Immediately

HOLLYWOOD, Fla., March 25, 2020 (GLOBE NEWSWIRE) — NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it has been awarded two new contracts valued at …

March 25, 2020 - 8:00 am LNG, Press Releases
Source: Houston Chronicle

A global natural gas market is starting to emerge

Houston Chronicle


Financial derivatives linked to liquefied natural gas are mushrooming as a market crash and a boom in physical trading creates an appetite to manage risk and provides opportunity to speculate on prices.

The growth is helping speed up …

March 12, 2020 - 2:30 pm Energy News, LNG, Natural Gas News
Source: Houston Chronicle

Canada’s LNG dreams fade as blockades add new costs to industry

Houston Chronicle


Hopes that Canada could turn into a gas export powerhouse seem to be waning fast.

The current climate for energy investments in the country and the global market for liquefied natural gas are a far cry from October …

March 6, 2020 - 12:00 pm Canada, Closing Bell Story‎, Energy News, LNG, Natural Gas News
Port Arthur LNG and Bechtel sign EPC agreement

Port Arthur LNG and Bechtel sign EPC agreement

LNG Industry


Sempra Energy and Bechtel have announced that their respective subsidiaries, Port Arthur LNG, LLC and Bechtel Oil, Gas, and Chemicals, Inc., have signed a fixed-price engineering, procurement and construction (EPC) contract for the Port Arthur LNG liquefaction project
Source: Houston Chronicle

Tellurian rattled as Indian buyer seeks competing deal

Houston Chronicle


Houston-based Telluraian, along with its $28 billion export project, has been rattled by the attempts of a potential major customer in India to probe the market for competing supplies, highlighting mounting pressure on sellers amid a global glut …

February 27, 2020 - 11:00 am Closing Bell Story‎, Energy News, LNG, Natural Gas News
Source: Houston Chronicle

LNG opponents sue feds over two Port of Brownsville permits

Houston Chronicle


Opponents of the liquefied natural gas industry have sued a federal agency that issued permits for a controversial LNG export terminal at the Port of Brownsville and a related pipeline.

In a petition filed before the U.S. Court …

February 21, 2020 - 11:00 am Closing Bell Story‎, Energy News, LNG, Natural Gas News
Höegh LNG Partners LP – Invitation to Presentation of Fourth Quarter 2019 Results

Höegh LNG Partners LP – Invitation to Presentation of Fourth Quarter 2019 Results

Höegh LNG Partners LP’s (NYSE: HMLP) fourth quarter 2019 results will be released on Thursday, February 27, 2020, before the market opens

February 20, 2020 - 4:15 pm LNG, Marine Shipping, Press Releases
Source: Houston Chronicle

Hottest fossil fuel market catches a chill as gas prices drop

Houston Chronicle


A plunge in prices is shaking some of the more marginal players out of the liquefied natural gas market, chilling what until recently was the hottest part of the energy industry.

Major utilities from Orsted A/S in Denmark …

Source: Reuters

Canada’s Trudeau scraps Barbados trip to try to resolve anti-pipeline protests

Reuters


TORONTO – Canadian Prime Minister Justin Trudeau has canceled his planned trip to Barbados to help resolve widespread rail disruptions caused by indigenous rights activists opposing the construction of a natural gas pipeline, his office said on Sunday.

Indigenous …

Source: Reuters

Exclusive: Qatar delays partnerships for natural gas expansion amid price collapse – sources

Reuters


LONDON – Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas (LNG) project by several months after surprising the industry with a big expansion plan despite a collapse in global gas prices, four sources said.…

February 17, 2020 - 11:00 am Closing Bell Story‎, Energy News, International, LNG, Natural Gas News
Enbridge expands role in LNG exports with deal to buy Rio Bravo Pipeline

Enbridge expands role in LNG exports with deal to buy Rio Bravo Pipeline

Natural Gas Intel


Enbridge Inc. has agreed to acquire the Rio Bravo Pipeline Co. and assume full ownership of the 4.5 Bcf/d system that would feed NextDecade Corp.’s proposed RioGrande liquefied natural gas (LNG) export facility.

Enbridge expands role in LNG exports with deal to buy Rio Bravo Pipeline -oilangas360The companies said late …

February 15, 2020 - 7:00 am Industry Insights, LNG, Pipeline News
Source: Houston Chronicle

U.S. LNG developers push forward despite record low prices in Asia

Houston Chronicle


U.S. liquefied natural gas developers are pushing forward with plans to build new export terminals along the Gulf Coast despite a global supply glut and record low prices in Asia.

Over the past year, the U.S. LNG industry …

February 14, 2020 - 3:30 pm Closing Bell Story‎, Energy News, LNG
Port of Corpus Christi Awarded $17M Federal Grant for First Phase of Avery Point Terminal Redevelopment

Port of Corpus Christi Awarded $17M Federal Grant for First Phase of Avery Point Terminal Redevelopment

Port of Corpus Christi


Corpus Christi, TX, USA  The Port of Corpus Christi has received a federal grant of more than $17 million from the U.S. Department of Transportation – Maritime Administration to expand Oil Dock 3 as the …

Four proposed liquefied natural gas export projects along the Texas coast landed federal permits to ship a combined 47 million metric tons of liquefied natural gas per year to non-free trade agreement nations such as Japan, South Korea and India.

Four LNG projects along Texas coast land non-FTA export permits

Chron


The Energy Department authorized the projects to annually send up to 47 million metric tons and to enter into contracts with utility companies and other customers in Europe, Asia and Latin America where natural gas prices are higher than …

February 12, 2020 - 11:59 am Closing Bell Story‎, LNG
The climate and equity dilemma: Bending the coal curve in South and Southeast Asia

The climate and equity dilemma: Bending the coal curve in South and Southeast Asia

Atlantic Council


Growth in energy demand and electrification

South and Southeast Asia are leading the world in terms of developing countries’ energy growth, with primary energy growth of over 5 percent per annum—India, Bangladesh, and Pakistan are leading the …

Qatargas signs LNG SPA with Kuwait

Qatargas signs LNG SPA with Kuwait

LNG Industry


Qatargas has announced the signing of a new, long term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tpy of LNG to the State of Kuwait, commencing this year.

Qatargas signs LNG SPA with Kuwait -oilandgas360Commenting on the signing of …

February 11, 2020 - 6:31 am Closing Bell Story‎, International, LNG
Chinese LNG demand set to be slashed by Coronavirus

Chinese LNG demand set to be slashed by Coronavirus

LNG Industry


The unseasonably warm weather in the northern hemisphere has undercut LNG demand and, combined with the steady rise of global supply levels, has resulted in record-low prices. Adding insult to injury, the coronavirus epidemic in China has reduced

February 10, 2020 - 11:50 am China, Closing Bell Story‎, Economy, LNG
NV5 Awarded $34 Million LNG Contract

NV5 Awarded $34 Million LNG Contract

NV5 Awarded $34 Million LNG Contract

February 10, 2020 - 8:00 am LNG, Press Releases
New Fortress Energy Signs Long-Term LNG Supply Agreement

New Fortress Energy Signs Long-Term LNG Supply Agreement

New Fortress Energy Signs Long-Term LNG Supply Agreement

February 10, 2020 - 6:00 am International, LNG, Press Releases
Image Courtesy: Novatek

Russia gives green light for new LNG transshipment terminal

World Maritime News


Russia’s federal autonomous institution Glavgosexpertiza has reviewed and approved the design documentation and engineering survey results for the construction of an LNG transshipment terminal in the Kamchatka Territory. 

Back in October 2017, the Kamchatka government and PJSC …

February 8, 2020 - 8:16 am Closing Bell Story‎, Energy News, International, LNG
Source: Reuters

Free-falling LNG prices wreak havoc on trade amid coronavirus fears

Reuters


SINGAPORE – Record low prices for liquefied natural gas (LNG) are roiling the global gas market, creating havoc as traders rush to find alternative locations for cargoes with Chinese buyers rejecting shipments amidst the coronavirus epidemic.

Asian spot prices …

Source: Reuters

Coronavirus paralyses short-term oil, gas sales into China

Reuters


SINGAPORE – Short-term sales of crude oil and liquefied natural gas into China almost ground to a halt this week as the coronavirus slows economic activity and cuts demand and buyers ponder legal action to avoid having to honor …

Source: Houston Chronicle

Former Cheniere executive now at helm of LNG export project in Mexico

Houston Chronicle


Former Cheniere Energy executive Doug Shanda is now at the helm of a Houston company seeking to build an liquefied natural gas export terminal along the Pacific Coast of Mexico.

In a Monday morning statement, Houston liquefied natural …

February 3, 2020 - 3:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Source: Houston Chronicle

Papua New Guinea calls off talks with Exxon

Houston Chronicle


WASHINGTON — Papua New Guinea has called off negotiations with Exxon Mobil over developing a natural gas field there, as the two sides clashed over their financial split on the project.

“The government has signaled it is willing …

February 3, 2020 - 1:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Cheniere to Ring New York Stock Exchange Opening Bell in Celebration of 1,000th LNG Cargo Milestone

Cheniere to Ring New York Stock Exchange Opening Bell in Celebration of 1,000th LNG Cargo Milestone

Cheniere to Ring New York Stock Exchange Opening Bell in Celebration of 1,000th LNG Cargo Milestone

Source: International Maritime Organization

Shipping Lines Turn to LNG-Powered Vessels, But They’re Worse for the Climate

Inside Climate News



Oceangoing ships powered by liquified natural gas are worse for the climate than those powered by conventional fuel oil, a new report suggests. The findings call into further question the climate benefits of natural gas, a fuel …

Source: Houston Chronicle

Judge dismisses Cheniere lawsuit against former CEO Charif Souki and Tellurian

Houston Chronicle


A lawsuit between rival liquefied natural gas companies Cheniere Energy and Tellurian has been dismissed just days before jury selection was set to begin.

State district court Judge Fredericka Phillips in Houston signed an order Thursday dismissing Cheniere’s …

January 31, 2020 - 2:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News, People
Source: Houston Chronicle

Cheniere Energy’s 1,000th LNG cargo headed to France

Houston Chronicle


Houston liquefied natural gas company Cheniere Energy hit a milestone 1,000th export shipment of LNG — and the cargo is headed to France.

The Norwegian-flagged LNG tanker Hoegh Galleon left the company’s Corpus Christi LNG export terminal with …

Source: Houston Chronicle

Halliburton wins offshore wells contract for Australian LNG project

Houston Chronicle


Houston oil-field service company Halliburton has landed a contract for offshore natural gas wells that will feed an LNG project in Northwest Australia.

In a statement released early Monday, Halliburton said it won drilling and completion services for …

Source: Houston Chronicle

Opponents inch closer to filing lawsuit over Port of Brownsville LNG terminal

Houston Chronicle


Environmentalists and other opponents of three proposed liquefied natural gas export terminals at the Port of Brownsville are one step closer to filing a federal lawsuit after losing one of their requests to have permits for the projects …

January 27, 2020 - 3:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News