Post Tagged with: "liquefied natural gas"

Photo: TechnipFMC

French half of TechnipFMC split reveals new company name

Houston Chronicle


Anticipated split will create two publicly traded companies.

The French half of Houston and Paris oil field service company TechnipFMC has revealed its new company name months ahead of an anticipated split that will create two publicly traded …

October 30, 2019 - 7:15 am Closing Bell Story‎, Energy News, LNG, Offshore, Oilfield Services
Courtesy of Enbridge

Oil Services Firm TechnipFMC to Split Into Two Publicly Traded Companies

From Reuters


Franco-American oil services firm TechnipFMC Plc (FTI.N) said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies.

TechnipFMC, which had …

An Oryx Midstream facility (source: Oryx Midstream Services)

Qatar May be Losing the Top Spot as World’s Biggest LNG Exporter

From CNBC


Qatar will lose its title as the world’s largest exporter of liquefied natural gas (LNG) within the next year, as Australia ramps up production on a slew of multi-billion dollar export projects.

“Australia and Qatar continued to jostle …

Trump Calls on U.S. Firms to Exit China as Trade War Escalates

Trump Calls on U.S. Firms to Exit China as Trade War Escalates

From Reuters


President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession.

Trump, who has …

Source: Cameron LNG

Cameron LNG Commences Commercial Operations

By Tyler Losier, Energy Reporter, Oil & Gas 360

Train 1 of Sempra's Cameron LNG project commences commercial operations
Sempra LNG, a subsidiary of San Diego-based Sempra Energy (stock ticker: SRE), has begun commercial operations under tolling agreements at Train

UPDATE: Venture Global Announces Final Investment Decision for Calcasieu Pass LNG

UPDATE: Venture Global Announces Final Investment Decision for Calcasieu Pass LNG

UPDATE: Venture Global Announces Final Investment Decision and Financial Close for Calcasieu Pass LNG...

Source: Venture Global LNG

Venture Global Closes on Project Financing for Calcasieu Pass LNG

By Tyler Losier, Energy Reporter, Oil & Gas 360

Proceeds from Venture Global’s debt and equity financing will fully fund the construction and commissioning of its Calcasieu Pass LNG facility
Venture Global LNG Inc., headquartered in Arlington, Virginia, has closed

Source: Cameron LNG Media Kit

LNG Takes up 7 Percent U.S. Gas Production in July

From The Houston Chronicle


U.S. LNG exports have expanded to the point they made up 7 percent of total U.S. natural gas production in July, the Energy Information Administration reported Monday.

Last month gas deliveries to LNG export facilities reached …

August 19, 2019 - 6:03 am Closing Bell Story‎, Energy News, LNG, Natural Gas News, Trade
Trade War Impasse Casts a ‘Dark Cloud’ Over Outlook for US Oil Shipments, Analysts Warn

Trade War Impasse Casts a ‘Dark Cloud’ Over Outlook for US Oil Shipments, Analysts Warn

From CNBC


An escalating trade war between the world’s two largest economies is negatively impacting the outlook for U.S. crude shipments, energy analysts have warned, amid fears that China could soon dramatically reduce its intake of American oil.

Trade tensions …

Australia Poised to Become World’s Largest LNG Exporter

Australia Poised to Become World’s Largest LNG Exporter

From The Houston Chronicle


Within the next 12 months Australia is likely to surpass Qatar as the world’s largest exporter of liquefied natural gas, the Energy Information Administration is forecasting.

Australian LNG capacity reached 11.4 billion cubic feet a day …

Chevron Starts Burying CO2 off Australia at Huge Gorgon Storage Project

Chevron Starts Burying CO2 off Australia at Huge Gorgon Storage Project

From Reuters


Chevron Corp (CVX.N) said on Thursday it has launched one of the world’s largest carbon capture and storage projects, injecting CO2 into a deep reservoir under an island off Western Australia at its Gorgon LNG project.

The carbon …

Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

From Reuters


An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices, lawyers and analysts said.

The …

Japan’s Osaka Gas to Acquire Haynesville Shale-Focused American E&P

Japan’s Osaka Gas to Acquire Haynesville Shale-Focused American E&P

By Tyler Losier, Energy Reporter, Oil & Gas 360

Japanese company Osaka Gas to acquire Texas-based Sabine Oil & Gas Corporation
Osaka Gas, a vertically integrated Japanese energy company, has entered into a definitive agreement with Houston-based Sabine Oil &

Source: Freeport LNG

Freeport LNG Train 1 Reaches Final Commissioning Stage

By Tyler Losier, Energy Reporter, Oil & Gas 360

Facility will be able to produce a total of 2.2 Bcf per day upon completion
Train 1 of the Freeport LNG project, located on Quintana Island in Freeport, Texas, has reached

Source: Alaska Gasline Development Corporation

Draft EIS Released for $43 Billion Alaska LNG Project

By Tyler Losier, Energy Reporter, Oil & Gas 360

Alaska Gasline Development Corporation receives FERC input for large proposed gas export project
Last Friday, the Federal Energy Regulatory Commission (FERC) published its draft environmental impact statement (EIS) for Alaska Gasline

Source: Cameron LNG Media Kit

Cameron LNG Exports First Commissioning Cargo

By Tyler Losier, Energy Reporter, Oil & Gas 360

FERC authorization expected in mid-2019
Cameron LNG, owned in part by Sempra Energy (stock ticker: SRE) subsidiary Sempra LNG, has shipped its first commissioning cargo of liquefied natural gas from its

ExxonMobil backs LNG imports to world’s biggest exporter

ExxonMobil backs LNG imports to world’s biggest exporter

From Reuters


BRISBANE (Reuters) – Imports of liquefied natural gas (LNG) to Australia – the world’s biggest LNG exporter – now appear “highly realistic” as the country struggles to fill a looming gas shortage, U.S. energy giant Exxon Mobil Corp …

Source: Freeport LNG

How Investing in the American LNG Boom Backfired on Toshiba

From Bloomberg

 

  • Toshiba to pay ENN unit to take over its U.S. LNG business
  • Toshiba soured on Freeport deal when energy prices crashed

Buy high, sell low and guarantee a loss. It’s not exactly what Toshiba Corp. planned when …

November 9, 2018 - 11:22 am Closing Bell Story‎, International, LNG
The World Awaits: Cove Point Cleared for Takeoff by FERC

The World Awaits: Cove Point Cleared for Takeoff by FERC

Dominion’s Cove Point LNG export plant awarded official “Authorization to Commence Service” by FERC 

After a journey of more than seven years, on Mar. 5, 2018, the Federal Energy Regulatory Commission issued a letter to Dominion Energy (ticker: D) that …

March 9, 2018 - 2:52 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles
Former Cheniere Exec Becomes President, CEO of Tellurian Investments

Former Cheniere Exec Becomes President, CEO of Tellurian Investments

Meg Gentle will Drive Tellurian’s Driftwood Gulf Coast LNG Project Development  

Former Cheniere exec Meg Gentle will lead Tellurian Investments as the company’s president, CEO and a member of the board. Gentle has also made a $10 million private investment …

September 1, 2016 - 4:34 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles, People
Interview with Charif Souki, CEO of Cheniere Energy at The Oil & Gas Conference® 20

Interview with Charif Souki, CEO of Cheniere Energy at The Oil & Gas Conference® 20

Cheniere Energy (ticker: LNG) CEO Charif Souki  spoke with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. Cheniere has a number of hydrocarbons export projects underway in various stages of construction …

August 20, 2015 - 4:24 pm Oil and Gas 360 Articles, Straight Answers, TOGC, Videos
LNG Update:  Going Both Ways

LNG Update: Going Both Ways

Another U.S. Liquefaction Plant Breaks Ground, Lithuania Says ‘Goodbye Gazprom’

Construction is Underway on Cameron LNG’s U.S. Liquefaction/Export Facility

Last week Cameron LNG broke ground on its $10 billion export plant in Hackberry, Louisiana. This sets the company off on …

October 27, 2014 - 4:29 pm Oil and Gas 360 Articles, Politics & Opinions