(Paul O'Driscoll/Bloomberg News)

Shell agrees to sell its French LPG business

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Shell, which is increasingly focusing on oil and liquefied natural gas with its planned acquisition of BG Group, said it is in exclusive talks to sell its subsidiary, France-based Butagaz LPG, to Ireland-based DCC Group, which largely focuses on LPG distribution throughout Europe.
A liquefied natural gas (LNG) tanker operated by Energy Advance Co., a unit of Tokyo Gas Co., is moored at the company's Sodegaura plant in Sodegaura City, Chiba Prefecture, Japan, on Thursday, March 22, 2012. (Tomohiro Ohsumi/Bloomberg)

Texas LNG export project quickly advances with new CB&I contracts

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NextDecade contracted with CB&I — both companies are headquartered in The Woodlands — to conduct the front-end engineering and design and to determine the project’s engineering, procurement and construction terms. The terms of the deal are not being released.
The Freeport LNG plant on April 9, 2014 at Quintana, TX.(Thomas B. Shea)

Freeport LNG says it was warned not to sign Chinese customers

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“Early on in our project, we were quite frankly warned by the Department of Energy that it would not be looked at as politically correct for us to have a large Chinese customer,Chief Executive Officer Michael Smith said.
Categories: Asia, featured, LNG
(Tomohiro Ohsumi/Bloomberg)

Natural gas prices rise on inventory data

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The Energy Department says natural gas in storage grew by 111 billion cubic feet for the week ending last Friday.
An artist rendering of Cheniere Energy's proposed LNG export terminal in Corpus Christi.

Feds hand key LNG export license to Cheniere’s Corpus Christi project

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With the move late Tuesday, the Energy Department is allowing Cheniere to export as much as 2.1 billion cubic feet per day of liquefied natural gas over the next 20 years from the planned facility to countries with which the United States does not have free trade agreements.
An LNG tanker. Photographer: Tomohiro Ohsumi/Bloomberg

EIA: The U.S. will be a net natural gas exporter by 2040, even with the most conservative projection

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The U.S. could be exporting anywhere between 0.2 trillion cubic feet and 10.3 trillion cubic of liquefied natural gas by 2040, according to the latest government projection.
Iris Smith, right to left, Michael Smith, Sig Cornelius, Charles Reimer, Hiroshi Ozaki, Yuji Kakimi, and Dennis Bonnen breaking ground at the Freeport LNG Liquefaction Project groundbreaking ceremony. (For the Chronicle/Gary Fountain, November 10, 2014)

Massive Freeport LNG project chugs forward with $12.5 billion in its back pocket

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Freeport LNG has secured the final piece of financing for its $12.5 billion liquefied natural gas export terminal, placing the company on track to begin producing within three years.
(Michael Stravato/The New York Times)

International LNG import terminals head offshore, EIA says

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The floating regasification facilities can be developed more quickly than onshore facilities of comparable size and can be moved around to serve other areas once larger projects are in place.
Panelists discuss the future of LNG amid collapsing crude prices on the third day of IHS Energy's CERAWeek conference in Houston. (Houston Chronicle)

CERAWeek: Weaker LNG projects could “lose their nerve” amid a slowdown, Parallax CEO says

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Falling oil prices are pumping the brakes on the global liquefied natural gas market, forcing a much-needed cooling-off period for a white hot market that has rapidly expanded in recent years, a panel of LNG experts said Wednesday.
A 40-year-old ban on U.S. crude oil exports means oil tankers in U.S. waters usually are bringing the cargo into U.S. ports. (Michael Stravato/The New York Times)

Natural gas industry lobbyists ask feds to put LNG projects on fast track

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America’s Natural Gas Alliance on Tuesday called on the federal government to revamp its lengthy and expensive permitting process for projects aimed at exporting supercooled gas to foreign markets, arguing that such exports are in the country’s national interest.