Category: LNG

Tanzania’s energy minister says his African nation seeks U.S. partnership

The energy minister for Tanzania is in Houston seeking oil and gas investment in the East African nation.  More »

Investors go after Cheniere’s defense of stock grants

Cheniere Energy investors say the company can’t use stock exchange rules to justify $1.86 billion in stock grants they claim were never legally approved by shareholders.  More »

Industry pans feds’ plan for gas exports

The Obama administration says its new plan for vetting proposals to sell liquefied natural gas overseas is aimed at streamlining the review process, but energy companies and aspiring exporters say the government’s approach could have the opposite effect.  More »

Natural gas vote leaves fueling stations without standard

A group of statue regulators failed to agree on a standard for selling liquefied natural gas by its equivalence to a gallon of diesel fuel.  More »

Cheniere defends $1.77B in stock awards

Cheniere Energy wants a Delaware court to validate $1.77 billion in restricted stock awards to top brass and employees in the face of a shareholder lawsuit that alleges investors never approved the grants.  More »

Houston LNG startup to sell to Exelon Corp.

A Houston-based startup aiming to export U.S. liquefied natural gas is planning to sell itself to power generator Exelon Corp., the firm’s founder confirmed Friday.  More »

Lawmakers weigh in on debate about natural gas labels

Policymakers are trying to figure out how to measure consumer natural gas fuels.  More »

Exxon Mobil-Qatar venture seeks permit for Texas LNG plant

Golden Pass Products, a joint venture of Exxon Mobil Corp. and Qatar Petroleum International, has filed its formal application to build a liquefied natural gas export terminal in Sabine Pass.  More »

Change in direction leaves LNG importing units idle

From 1998 to 2008, the average annual spot price of domestic natural gas more than quadrupled, from $1.96 per million British thermal units to $7.97, and the price moved into double digits several times during that time. That is not the case now.  More »

Cheniere secures buyers for two Corpus Christi LNG trains

The Houston company due to be the first exporter of U.S. natural gas has lined up buyers for more than half of the supplies it plans to send overseas from its second proposed liquefaction facility in Corpus Christi.  More »

Cheniere won’t ask for billions in stock awards

Facing a shareholder lawsuit over “excessive” executive paydays, Cheniere Energy told a Delaware court last week it won’t ask investors to approve $2.2 billion in stock awards to its top brass.  More »

House passes bill to speed up natural gas exports

The House voted Wednesday to force the Obama administration to accelerate its scrutiny of dozens of proposed natural gas export projects, responding to energy companies’ clamor to sell the fossil fuel to Japan, Thailand and other countries. Houston Democrat Gene Green helped broker a critical compromise on the bill.  More »
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