Post Tagged with: "LNG"

5 Oil & Gas Producers Earn Best 100 Corporate Citizen Status

5 Oil & Gas Producers Earn Best 100 Corporate Citizen Status

2 Midstream/LNG, 2 O&G Technology Companies Make the Cut

Corporate Responsibility Magazine released its newest company rankings, entitled “100 Best Corporate Citizens 2015.”

The top ten companies for 2015 were mostly mega-sized household names; only one in the top ten …

India Seeks to Expand Energy Relationships

India Seeks to Expand Energy Relationships

India is prioritizing new energy supply

India’s economy has been booming, but the country has struggled to meet growing energy demand. India suffers from chronic energy shortages, with nearly half of all homes receiving no power as many as 12 …

April 23, 2015 - 4:58 pm Canada, International, LNG, Offshore, Oil and Gas 360 Articles
Source: Royal Dutch Shell

Shell and BG Deal not Likely to Spur LNG M&A Boom

Shell/BG will not be the harbinger of more LNG M&A

The recent proposed $70 billion purchase of BG Group (ticker: BG) by Royal Dutch Shell (ticker: RDSA) will make the industry’s liquefied natural gas giant even bigger. Shell already had …

April 15, 2015 - 1:21 pm LNG, Mergers & Acquisitions, Oil and Gas 360 Articles
Chevron Moves Forward on Divesture Goal, Exits Australia Shareholding Venture

Chevron Moves Forward on Divesture Goal, Exits Australia Shareholding Venture

Chevron Corporation (ticker: CVX), the world’s third largest E&P by market capitalization, is selling its 50% shareholding in Caltex Australia Limited. The deal is reportedly worth about US$3.6 billion, according to the Sydney Morning Times Herald, and is the biggest …

Turkey Says No to LNG Tankers in the Bosporus Strait, Cuts off Black Sea Shipping

Turkey Says No to LNG Tankers in the Bosporus Strait, Cuts off Black Sea Shipping

Turkey’s decision could cut off Black Sea countries like Ukraine from LNG tankers

Turkey announced that it will not allow the passage of tankers with liquefied natural gas (LNG) across the Bosporus Strait for fuel supplies to Ukraine, Turkish Ambassador …

March 24, 2015 - 6:54 pm International, LNG, Oil and Gas 360 Articles
LNG Outlook in Limbo

LNG Outlook in Limbo

Is LNG Development Dying as Oil Prices Slide?

The idea of converting natural gas to liquid form in order to export vast amounts of U.S. shale gas to international customers has caught the attention of U.S. drillers, energy export entrepreneurs …

March 20, 2015 - 4:53 pm LNG, Oil and Gas 360 Articles, Regulatory
Egypt Signs Five-Year LNG Deal with Russia

Egypt Signs Five-Year LNG Deal with Russia

Russia will supply 35 LNG shipments to Egypt starting later this year

The Egyptian Natural Gas Holding Company (EGAS) has signed a five-year contract with Russia’s state-owned Gazprom (ticker: OGZPY) for the supply of liquefied natural gas (LNG). The contract …

March 19, 2015 - 3:13 pm International, LNG, Oil and Gas 360 Articles
Texas LNG Begins Pre-filing with FERC, Upgrades to Larger Location

Texas LNG Begins Pre-filing with FERC, Upgrades to Larger Location

Texas LNG announced today that it began the pre-filing process with the FERC

Houston Texas based Texas LNG Brownsville announced today that it has begun the pre-filing process with the Federal Energy Regulatory Commission (FERC), putting it one step closer …

March 12, 2015 - 5:44 pm LNG, Oil and Gas 360 Articles
Delfin LNG Expanding in the Gulf of Mexico

Delfin LNG Expanding in the Gulf of Mexico

Joint Development Agreement with Hoegh LNG to build first deepwater floating liquefaction terminal offshore U.S.

Houston based Delfin LNG LLC announced a Joint Development Agreement with Höegh LNG (ticker: HLNG) in relation to its U.S.-based Delfin Liquefied Natural Gas Deepwater …

March 3, 2015 - 3:22 pm LNG, Oil and Gas 360 Articles
Cameron LNG Set to Become Largest U.S. Export Facility

Cameron LNG Set to Become Largest U.S. Export Facility

If Approved, New Export Capacity would Exceed 3.5 Bcf/d

Sempra Energy’s (ticker: SRE) Cameron LNG plant, located in Hackberry, Louisiana, is about to get bigger.

Representatives for the $10 billion LNG export plant applied for a facility expansion on February …

February 25, 2015 - 1:45 pm Oil and Gas 360 Articles
Interview with Anatol Feygin, Senior Vice President, Cheniere Energy – Oil & Gas 360’s Top Minds in the Business

Interview with Anatol Feygin, Senior Vice President, Cheniere Energy – Oil & Gas 360’s Top Minds in the Business

View PDF of Interview Slides – Download Video File

U.S. Exports of liquefied natural gas (LNG) have been at the forefront of discussions about North America’s evolving energy revolution. U.S. LNG export projects are expected to come online throughout North …

February 25, 2015 - 1:13 pm Oil and Gas 360 Articles, Videos
Bear Head LNG Clears Hurdle in Further Development

Bear Head LNG Clears Hurdle in Further Development

The CEAA gives the go-ahead on construction of a LNG plant in Nova Scotia

Liquid Natural Gas Limited’s (ticker: LNGLY; LNG Ltd.) Bear Head LNG facility has received a green light from the Canadian Environmental Assessment Agency (CEAA). The CEAA …

February 17, 2015 - 4:13 pm Canada, Oil and Gas 360 Articles
MILESTONE:  U.S. Imports No LNG in Nov. – First Time Since 1996

MILESTONE: U.S. Imports No LNG in Nov. – First Time Since 1996

According to statistics from the Energy Information Administration, November, 2014, marked the first time since 1996 that the United States has not imported any liquid natural gas (LNG). U.S. LNG imports have been declining since 2007, with substantial decline …

January 30, 2015 - 6:41 pm Oil and Gas 360 Articles
Source: Royal Dutch Shell

New Bill to Expand U.S. LNG Exports

New legislation set to allow LNG export to WTO members without DOE approval

Congressman Mike Turner (R-OH) reintroduced legislation, titled the “American Job Creation and Strategic Alliances LNG Act,” yesterday in order to lift trade restrictions on the …

January 14, 2015 - 6:44 pm Oil and Gas 360 Articles, Politics & Opinions
Exxon to Invest $25 Billion in BC LNG

Exxon to Invest $25 Billion in BC LNG

Exxon and its Canadian partners have filed to move forward on a new LNG project in western Canada

ExxonMobil (ticker: XOM) and its Canadian partner Imperial Oil Ltd. (ticker: IMO) have taken a step forward in the process of developing …

January 14, 2015 - 6:15 pm Canada, Oil and Gas 360 Articles
Source: Petronas

Australia and India Look to Increase Cooperation in LNG

A memorandum of understanding signed between Woodside and Adani is set to strengthen ties in the LNG sector

Australian energy major Woodside Petroleum Ltd (ticker: WPL) and India’s infrastructure conglomerate Adani Enterprises Ltd (ticker: ADANIENT) signed a memorandum of understanding …

January 12, 2015 - 5:34 pm International, Oil and Gas 360 Articles
Despite Road Bumps for Other Projects, Alaska LNG Moves Forward

Despite Road Bumps for Other Projects, Alaska LNG Moves Forward

Alaska’s LNG “gigaproject” moving forward despite low prices

While many liquid natural gas (LNG) projects are being put on the back burner due to the low oil price environment, the Alaska LNG project continues to march on.

The project, which …

New Bill to Speed up NatGas Exports

New Bill to Speed up NatGas Exports

“LNG Permitting Certainty and Transparency Act” set to expedite LNG exports

Senators John Barrasso (R-WY) and Martin Heinrich (D-NM) introduced a bipartisan bill to Congress this week that will help to speed up approval times for liquid natural gas (LNG) …

January 8, 2015 - 6:19 pm Oil and Gas 360 Articles, Politics & Opinions, Regulatory
The State of LNG in Australia

The State of LNG in Australia

Some LNG projects in Australia in trouble

Planned Australian liquefied natural gas (LNG) export projects are at risk as sinking energy prices make investments unviable, reports Reuters. A nearly 50% slump in Asian LNG prices this year has pressured …

December 23, 2014 - 4:26 pm International, Oil and Gas 360 Articles
Apache Sells Stake in B.C. and Australia LNG Projects for $2.75 Billion

Apache Sells Stake in B.C. and Australia LNG Projects for $2.75 Billion

Apache Corporation (ticker: APA) announced on December 15, 2014, that it has agreed to sell its interest in two liquefied natural gas (LNG) projects to Australian E&P Woodside Petroleum Ltd. (ticker: WPL). The deal includes the accompanying upstream oil and …

December 16, 2014 - 6:11 pm International, Oil and Gas 360 Articles
Source: Royal Dutch Shell

More LNG Plants Being Built Even as Demand Slows

This week marked the announcement of plans for a new Liquefied Natural Gas (LNG) plant in Louisiana. The news came yesterday as Venture Global LNG said it would invest $4.0 to $4.5 billion to build a gas liquefaction processing plant …

December 11, 2014 - 5:41 pm Oil and Gas 360 Articles
BC LNG Project Delay Highlights U.S.-Canadian Competition

BC LNG Project Delay Highlights U.S.-Canadian Competition

News of delays to the Pacific NorthWest LNG Project have some Canadians concerned about Competitiveness

Malaysian oil giant Petronas announced earlier this week that it will delay its decision about proceeding with its Pacific NorthWest LNG terminal, saying that estimated …

December 5, 2014 - 6:26 pm Canada, Oil and Gas 360 Articles
Source: Petronas

Oil & Gas 360® LNG Update

Freeport LNG Closes on $11 Billion in Financing for new Facility

Freeport LNG Expansion, L.P. announced last week that it successfully closed on debt and equity financing commitments of approximately $11 billion in capital required for the development of the …

December 2, 2014 - 6:27 pm Oil and Gas 360 Articles
British Columbia LNG: Government Approval is the Easy Part

British Columbia LNG: Government Approval is the Easy Part

The Environmental Assessment Office of British Columbia approved three separate liquefied natural gas (LNG) projects on November 25, 2014, two of which are located at Prince Rupert Island. The island, roughly 750 kilometers (465 miles) north of Vancouver, is proposed …

November 26, 2014 - 5:26 pm Canada, Oil and Gas 360 Articles
Source: Royal Dutch Shell

Exxon Mobil joins British Columbia LNG Alliance

Multiple tax reductions target LNG investment

Exxon Mobil (ticker: XOM) announced last week that it will join an alliance of companies that is promoting the development of a liquefied natural gas industry in northern British Columbia, reported CBC News.…

November 25, 2014 - 4:54 pm Canada, Oil and Gas 360 Articles
Source: ECI Monthly Report

Will U.S. LNG Help Shore Up Japanese Economy?

In recent years there has become an acute awareness of the importance of energy security around the world, particularly in Japan. In 2011 a powerful tsunami from the Pacific knocked the Fukushima Daiichi nuclear power station offline, and led to …

November 19, 2014 - 3:28 pm International, Oil and Gas 360 Articles
Bill to Speed Up LNG Export Permits Delayed for Now

Bill to Speed Up LNG Export Permits Delayed for Now

Republican Sen. John Hoeven of North Dakota is holding back his legislation to fast-track the Energy Department’s reviews of LNG exports for now, reports E&E News. Hoeven said he made this decision after talking to Department of Energy (DOE) head …

November 14, 2014 - 11:48 am Oil and Gas 360 Articles, Politics & Opinions
Two More U.S. LNG Export Projects Move Forward

Two More U.S. LNG Export Projects Move Forward

Cove Point Begins Construction, Freeport Secures Financing

Japanese/Asian Customers Lock Up Capacity of Both Projects

With three years of governmental review and permitting out of the way, Dominion (ticker: D) announced today it has begun construction activities on its Cove …

October 30, 2014 - 6:43 pm Finance, International, Oil and Gas 360 Articles
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
An Oil & Gas 360® Exclusive Interview with John Gerdes, Head of Research for KLR Group

An Oil & Gas 360® Exclusive Interview with John Gerdes, Head of Research for KLR Group

A 30-year oil and gas veteran gives his perspective on the E&P space, oil prices, OPEC, LNG and New York’s shale

Oil & Gas 360® had an opportunity to speak with John Gerdes about the oil and gas industry from …

October 22, 2014 - 4:10 pm Oil and Gas 360 Articles, Straight Answers