Category: LNG

Apache will sell LNG stakes in Australia, Canada for $2.75 billon

Apache Corp. will sell its stakes in liquefied natural gas projects in Australia and Canada for $2.75 billion, marking one of its most significant steps yet toward paring back its portfolio to focus on North American activity.  More »

LNG co. plans $4 billion-plus Louisiana investment

Construction is expected to begin at the 203-acre site in the third quarter of 2016.  More »

Former BG exec hopes to win big with small LNG

Former BG Group chief operating officer Martin Houston is now in start up mode, serving as founder and chairman of Parallax Energy, a new Houston-based company focused on developing mid-scale liquefied natural gas export facilities.  More »

EPA raises environmental concerns about Corpus Christi LNG

The Environmental Protection Agency said it still has concerns about the impacts Corpus Christi LNG will have on minority neighborhoods and greenhouse gas emissions.  More »

Freeport LNG secures financing, clears way for construction

Crews are expected to begin work this week on the Brazoria County natural gas export terminal now that Freeport LNG has successfully closed on its financing commitments for two of three liquefaction trains.  More »

Freeport LNG obstacles cleared in two rulings

Executives stressed that the company would move swiftly to begin construction after the final regulatory hurdles fell away at a groundbreaking ceremony Monday.  More »

LNG exports could increase production and price of gas, report says

Liquefied natural gas exports could mean more natural gas production, more economic growth and an increase in consumer prices, according to a government analysis.  More »

Rail on track for LNG fuel, but schedule isn’t set

Those hoping for natural gas-powered car fleets on the nation’s highways might want to first look to railroads, where analysts say a there’s a more compelling case to pioneer a switch to natural gas-pulled trains.  More »

Freeport LNG holds groundbreaking ceremony

The first construction will build two liquefaction trains, which will cool natural gas until it becomes a liquid more suitable for shipping overseas.  More »

Cheniere’s tentative settlement could restrict stock grants through 2017

Cheniere Energy has reached a pre-settlement pact with investors that will put restraints on pay after CEO Charif Souki’s $142 million annual takehome had outpaced every other U.S. CEO’s last year.  More »

Freeport LNG announces financing for part of project

Freeport LNG has secured financing for the first of three liquefaction trains proposed for an export terminal in Quintana, Texas, the company announced Wednesday.  More »

Contractor: Freeport LNG to break ground within weeks

Freeport LNG could break ground on its initial two liquefaction trains within a matter of weeks, a major contractor working on the project told investors Thursday.  More »

Freeport LNG widens ship channel

The Port Freeport ship channel will be widened from 400 feet to 600 feet as part of a plan proposed eight years ago when the Freeport facility was envisioned as an import terminal capable of regasifying LNG offloaded from tankers.  More »

Corpus Christi LNG clears hurdle toward federal approval

The agency found that while construction and operation of the import and export terminal could have some adverse effects, mostly temporary and short-term, they will be minimal.  More »

Proposed LNG plant aims to fuel drilling rigs, pressure pumpers

Drilling companies in the booming Permian Basin may soon have an option to power their heavy-duty equipment with the same stuff they’re pumping from the ground.  More »
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