Posts filtered on Tag

Corpus Christi

LNG storage tanks are seen at Cheniere's Sabine Pass LNG facility.  (J. Patric Schneider)

Williams to pipe gas to Cheniere, Freeport LNG Texas projects

on
The arrangements come as U.S. LNG export projects are increasingly under pressure amid the continuing rout in global commodity prices.
The Theo T crude oil tanker docked in Corpus Christi (NuStar)

Here’s the first known U.S. crude oil cargo destined for export

on
San Antonio-based NuStar Energy is loading the oil cargo on New Year’s Eve at its dock at the Port of Christi.
Steven Schmidt, right, Terminal Manager of NuStar in Port Corpus Christi, talks with Greg Matula, also of NuStar, at the contraction site of the new pier for oil tankers.  Monday, Oct. 28, 2013. (Bob Owen/San Antonio Express-News)

Oil exports prompt splitter decisions in Corpus Christi

on
The lifting of a decades-old ban on crude oil exports primes Corpus Christi to become a key oil hub in the coming years, but it also dampens interest in expensive projects to export condensate, an ultralight oil not subject to the long-standing restriction.
(Screengrab, via Youtube)

Watch: Anadarko’s Heidelberg spar makes 400-mile trip to deep Gulf of Mexico

on
On Monday, the Woodlands-based oil explorer released a video showing the spar’s 23,000-ton hull traveling 400 miles over four days.
In an undated handout photo, Carl Icahn, chairman of Icahn Enterprises, during the Institutional Invester Delivering Alpha conference. Icahn has been pressuring Apple to return more money to shareholders, most recently by  by posting a letter he had sent to Timothy Cook, Apple's chief executive, on his website. (Heidi Gutman/CNBC via the New York Times) -- NO SALES; FOR EDITORIAL USE ONLY WITH STORY SLUGGED APPLE ICAHN BY ALEXANDRA STEVENSON and BRIAN X. CHEN. ALL OTHER USE PROHIBITED.

Icahn ups stake in Cheniere again

on
Icahn, an investor famous for buying into large companies and pushing management toward policies intended to benefit shareholders, now owns 11.43 percent of Houston’s Cheniere Energy, according to documents filed by the U.S. Securities and Exchange Commission.
NuStar Energy LP has invested millions of dollars to transform the only refinery in San Antonio’s city limits, which was once owned by AGE Refining. Photo: Photo By Robin Jerstad/Special T / SA

NuStar Energy’s net income declines

on
Pipeline partnership NuStar Energy LP on Friday reported second-quarter 2015 net income applicable to limited partners of $42.4 million, or 54 cents a unit, compared with $43.6 million, or 56 cents a unit, for the same period a year ago.
Cheniere Energy is considering building a terminal in Ingleside to store and and ship condensate. (Courtesy Cheniere Energy)

Cheniere exec says company is moving ahead on $550 million La Quinta project

on
A top Cheniere executive provided an update on the project at an energy conference in Houston on Monday, months after the company first revealed that it was hoping to build a marine and storage terminal on a 552-acre site along the La Quinta Ship Channel.
Charif Souki, former CEO of Cheniere Energy speaks during an interview. (James Nielsen/Houston Chronicle)

Cheniere reveals plans for additional LNG projects

on
Cheniere plans to expand its liquefied natural gas empire, adding two additional production units in Corpus Christi and partnering with a smaller Houston-based LNG company to build new projects in Louisiana.
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

on
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.
(AP Photo/The San Antonio Express-News, Bob Owen)

Cheniere LNG project marks milestone as Feds give OK

on
The facility, which would be able to process as much as 15 million metric tons of liquefied natural gas annually, is the first proposed greenfield export project — one that wouldn’t be built on the footprint of existing LNG infrastructure — to make it this far.