Post Tagged with: "Exports"

Jones Act Changes Could Limit LNG’s Export Effect

Jones Act Changes Could Limit LNG’s Export Effect

The Jones Act is the nickname for a 94-year-old law entitled the Merchant Marine Act of 1920 that allows only U.S.-made, U.S.-manned, and U.S.-flagged ships to transfer goods or passengers between U.S. ports. Although it was meant to protect domestic …

July 14, 2014 - 5:04 pm Oil and Gas 360 Articles, Regulatory
Fueling Truck Fleet with Natural Gas Would Eliminate 3 MMBOPD of Crude Oil Imports: Pickens

Fueling Truck Fleet with Natural Gas Would Eliminate 3 MMBOPD of Crude Oil Imports: Pickens

Energy Entrepreneur T. Boone Pickens revisited CNBC on Monday, reiterating his call for natural gas as widespread transportation fuel. Pickens told CNBC that energy independence would come much faster if the country’s over-the-road truck fleet were converted to natural gas …

July 7, 2014 - 5:01 pm Oil and Gas 360 Articles, OPEC
Gardner’s LNG Bill Zips Through the House

Gardner’s LNG Bill Zips Through the House

According to govtrack.us, U.S. Representative Cory Gardner passed his H.R. 6 bill, also known as the Domestic Prosperity and Global Freedom Act, through the House on June 25, 2014. The bill passed on a count of 266-150, with 46 …

June 26, 2014 - 5:10 pm Oil and Gas 360 Articles
Japan Looks to Import U.S. Natural Gas

Japan Looks to Import U.S. Natural Gas

With its 55 nuclear reactors currently offline in answer to the devastating earthquake and tsunami it suffered in March 2011, Japan has been forced to import more expensive alternative fuels to replace the homegrown nuclear-fueled electrical generation capacity which previously …

Paving the Way for LNG Exports: FERC Approves Second LNG Terminal in the U.S.

Paving the Way for LNG Exports: FERC Approves Second LNG Terminal in the U.S.

Sempra Energy (ticker: SRE) has received approval from the Federal Energy Regulatory Commission (FERC) to build the second liquefied natural gas (LNG) export plant in the United States, according to a company press release on June 19, 2014. The …

British Columbia Seeking Investment in its LNG Opportunities but Costs, Russia Raise Concern

British Columbia Seeking Investment in its LNG Opportunities but Costs, Russia Raise Concern

Liquefied natural gas (LNG) is being touted as the next major movement in the energy industry. Supermajors like Chevron (ticker: CVX), ExxonMobil (ticker: XOM) and Shell (ticker: RDS.B) are investing billions to build up LNG networks while …

June 2, 2014 - 10:56 am International, Midstream, Oil and Gas 360 Articles, OPEC
Asia-Pacific Loads Up on LNG for Long-Term; Ukraine Crisis Clouds Global Short-Term Situation

Asia-Pacific Loads Up on LNG for Long-Term; Ukraine Crisis Clouds Global Short-Term Situation

The United States energy market has big decisions ahead of it: Do we export oil? How do we safely transport crude oil across our country? Should we build the Keystone pipeline? And perhaps more captivating is what the industry/country should …

Countries Unanimously Agree on Gas-pricing System at Second Gas Summit of Gas Exporting Countries Forum

Russian leader, Vladimir Putin, has been dipping his toes in to a lot of pools lately. Between his position on possibly allowing Edward Snowden to seek asylum in Russia and his hosting of the second Gas Summit of the Gas …

July 3, 2013 - 12:23 pm Oil and Gas 360 Articles, Regulatory

Cheniere and Centrica Sign 20-Year LNG Sale and Purchase Agreement for LNG Exports from Sabine Pass

Cheniere Energy Partners, L.P. (NYSE MKT: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC (“Sabine Liquefaction”), has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Centrica plc (“Centrica”) under which Centrica has agreed …

March 26, 2013 - 4:39 pm Oil and Gas 360 Articles