Post Tagged with: "LNG"
Quebec Approves $800 Million LNG Project
Stolt LNGaz receives approval from Quebec government for new LNG plant
The Quebec government yesterday approved the Stolt LNGaz natural gas liquefaction plant in Becancour, Quebec. The LNG project will produce 500,000 tons of LNG to be distributed to customers …
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 …
EnerCom’s The Oil & Gas Conference® 20: Positive Expectations amid Falling Prices
With Q2 in the rearview mirror, presenters in the first few days of Enercom’s The Oil & Gas Conference® 20 were smiling and even optimistic about the future prospects for their companies. Completion formulas and directional drilling successes were discussed …
Charif Souki of Cheniere Offers Insight at The Oil & Gas Conference® 20
Cheniere’s head gives his unique perspective
Charif Souki, CEO of Cheniere Energy (ticker: LNG), presented at lunch during EnerCom’s The Oil & Gas Conference® 20 in Denver, Colorado, today. After his speech, conference attendees asked for Souki’s unique insight into …
Cheniere Energy – Day Three Breakout Notes
Charif Souki, Chief Executive Officer of Cheniere Energy, Inc. (NYSE MKT: LNG), presented today at EnerCom’s The Oil & Gas Conference® 20.
Cheniere Energy is developing natural gas liquefaction facilities at the Sabine Pass LNG terminal adjacent to the existing …
U.S. Congressman Ken Buck talks to Oil & Gas 360®
OAG360: Are there any models for tax reform that you would like to see implemented here in the United States?
Buck: Yeah. The chainsaw in my garage is what I think would work best.
U.S. Congressman Ken Buck’s congressional district …
What Lies Ahead for the Oil & Gas Industry?
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With share prices halved along with oil prices, investing opportunities abound
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What’s coming in 2016?
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Institutional investors head to Denver Aug. 16-20 to listen to the oil & gas sector’s go-forward strategies
Where is the industry today and where is
…B.C. First Nation Postpones Vote on $1.6 Billion LNG Plant
Squamish First Nation conditions can be met, just need time to work out the details
The Squamish First Nation has postponed a vote over a proposed $1.6 billion liquefied natural gas (LNG) plant in its traditional territory while it negotiates …
Murkowski/Cantwell’s Energy Modernization Bill Would Accelerate FERC’s LNG Decisions to 45 Days
Bipartisan bill hopes to renovate U.S. energy policy, facilitate infrastructure updates, protect the grid from attack, modernize SPR, identify “critical mineral supply”, fix national park maintenance backlog
Earlier this week, U.S. Senate Committee on Energy and Natural Resources (ENR) Chairman …
Colorado Gov. Hickenlooper Pushes for Approval on 6 Million Ton per Annum Jordan Cove LNG
The Jordan Cove project would directly link Colorado to new energy markets – Hickenlooper
Colorado Governor John Hickenlooper has written to U.S. Department of Energy Secretary Ernest Moniz and Federal Energy Regulatory Commission (FERC) chair Cheryl LaFleur in support of …
B.C. Government Passes LNG Act Allowing it to Advance a $36 Billion Project with PNW LNG
Pacific NorthWest LNG Project is forecast to create 4,500 jobs and up to $8.6 billion in tax and royalties
The government of British Columbia approved the Liquefied Natural Gas Project Agreements Act yesterday after a special summer session. The bill …
China Used 10.56 MMBOPD in June, but could Face Oversupply in NatGas by 2020
Oil demand driven by growth in air travel and vehicle usage
China’s implied oil demand grew 3.5% in June, as rising air travel and vehicle usage boosted fuel consumption, reports Reuters. A drop in passenger car sales amid recent …
Kinder Morgan Purchases 100% of Elba LNG, Raises Distribution 14%
KMI buys remaining 49% of joint venture with Shell
Kinder Morgan (ticker: KMI) announced today that it has reached an agreement with Royal Dutch Shell (ticker: RDSA) to purchase the remaining equity interest in Elba Liquefaction Company (ELC), a liquefied …
B.C. Releases Details on $36 Billion Tax Deal with Pacific NorthWest LNG
Pacific NorthWest LNG will be exempt from tax hikes for 25 years
British Columbian Finance Minister Mike de Jong released the details of the province’s deal with Petronas-led Pacific NorthWest LNG (PNW LNG) in order to attract a Final Investment …
Cheniere Energy Increases Scope: Will Export Crude Oil Condensate as well as LNG
– Building $550 Million Condensate Storage and Marine Terminal
– Cheniere Partners Taking on $5.8 Billion Debt to Build Train 5 at Sabine Pass LNG Export Facility
Cheniere Energy (ticker: LNG) is moving forward now on several energy export fronts.…
Russia to Finance a $2 Billion LNG Pipeline in Pakistan
New pipeline represents the first infrastructure deal between the two countries since the 1970s
Pakistan is expected to sign an agreement with Russia for the construction of a 1,100 km (about 684 mile) liquefied natural gas (LNG) pipeline from Karachi …
TransCanada, First Nations Sign Agreements for $4.8 Billion Pipeline that will Transport 2-3 Bcf/day of NatGas to LNG Canada
An estimated 32% of the $4.8 billion capital project will be spent locally in B.C. on the Coastal GasLink pipeline, with over 2,000 jobs expected to be created during construction and approximately $20 million in annual property tax payments.
TransCanada …
Western Australia’s Government will Sequester 15% of Production from Woodside LNG JV
Industry groups say the reservation policy adds unnecessary burdens on the project
Western Australia’s gas reservation policy has been applied to the Woodside Energy-led (ticker: WPL) Browse floating liquefied natural gas (FLNG) project, . The policy was started in 2006, …
Sabine Pass Construction Update
Cheniere Energy’s Sabine Pass LNG export facility reports progress on construction
Cheniere Energy (ticker: LNG) released an update on its Sabine Pass project in Cameron Parish, Louisiana, today. According to the company, engineering and procurement for the first two trains …
LNG Canada Receives Positive Environmental Assessment
The Shell-backed LNG project in B.C. received environmental approval for its four-train LNG terminal
LNG Canada, a consortium led by Shell (ticker: RDSA) with Asian partners including PetroChina (ticker: PTR) and Mitsubishi Corp, received approval for its LNG project in …
Teekay LNG Signs Contracts with BP for Two New LNG Vessels
Teekay LNG adds to its fleet
Teekay LNG Partnership (ticker: TGP) announced today that it has entered into a 13-year time-charter contract with BP Shipping Limited (ticker: BP) for one LNG carrier, with an option exercisable by BP by the …
Pacific NorthWest LNG Announces Final Investment Decision
Pacific NorthWest announces a conditional FID
Petronas-led Pacific NorthWest LNG announced today that the technical and commercial components of the project have been met, and the company plans to move forward with the final investment decision (FID) on two conditions, …
Cheniere Energy Bullish for LNG Growth: Plant Expansions Coming
Project expansions to be funded from internally generated cash flow
The United States’ first liquefied natural gas (LNG) export terminal is on target for completion by year-end 2015, and its operator, Cheniere Energy (ticker: LNG) is ramping up additional operations.…
Sempra LNG and Woodside Sign MOU for Potential Two Train LNG Project at Port Arthur
A non-binding memorandum of understanding was signed today between Sempra LNG, a unit of Sempra Energy (ticker: SRE), and Woodside Petroleum (ticker: ASX:WPL) to discuss and asses the possibility of developing Sempra’s proposed Port Arthur liquefaction project, according to a …
West Coast LNG Projects Make Advancements
Two large-scale liquefied natural gas (LNG) projects on North America’s west coast took another step forward in their development on June 1, 2015.
The Alaska LNG Project was granted approval by the United States Department of Energy to export LNG …
Alaska LNG Greenlighted to Export to Non-FTA Countries
DOE approves export license for Alaska LNG
The Department of Energy yesterday announced a conditional authorization for the Alaska LNG project to export to countries without a Free Trade Agreement (FTA) with the United States. Alaska LNG is authorized to …
Tokyo Gas Wants to Build a Natural Gas Pipeline to Russia
A consultant with Japan’s largest gas company said they are interested in building a $3.5 billion pipeline to obtain Russia’s natural gas at half the cost of its LNG
Tokyo Gas, Japan’s largest gas company, would like to build a …
LNG Could Contribute $55 Billion to Australia’s GDP
New research shows the LNG industry could grow Australia’s GDP by almost 3% from 2013 levels by 2020
A new report titled “Ready or Not? Creating a world-leading oil and gas industry in Australia,” found that the liquefied natural gas …
Oil & Gas 360® International Update
News from around the globe
China plans to spin off pipeline assets into a new company, Iran raises its oil prices by 9%, India attracts bids for a new LNG import facility and Russia is adjusting its mining taxes.