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KBR Tower in downtown Houston (AP file photo/Pat Sullivan)

KBR wins Louisiana LNG contract

The Houston-based engineering and construction firm is focusing on opportunities in natural gas as oilfield activity slows.
Categories: Deals, featured, LNG
(Brendon Thorne/Bloomberg)

Texas wind and solar power could compete with fossil fuels in just a few years

While Texas currently has very little solar power generation, there are several projects currently in development.
An LNG tanker offloads in Cove Point, Md., in 2003.  (AP Photo/ Matt Houston)

Commentary: Global oversupply is persistent in global oil, LNG markets

Seven score and twelve years after Abraham Lincoln delivered the Gettysburg Address, and the crude complex is examining its own principles: those of supply and demand. Given the current lack of equality betwixt the two, crude prices are heading lower once again, dipping below $40 for a second consecutive day. US and Canadian production provide […]
Categories: Crude oil, Texas
FILE — New York Gov. Andrew Cuomo speaks during a news conference at the John Jay College of Criminal Justice in New York, July 8, 2015. Cuomo intends to take a lead role in a broad campaign pressing for a crackdown on the improper dealing of firearms, swerving into national politics on an issue that has caused him some political heartburn in New York but has become a defining subject of the 2016 presidential campaign. (John Taggart/The New York Times)

New York Gov. Andrew Cuomo rejects proposed gas terminal off coast

The deep-water docking station known as Port Ambrose was to be built 19 miles off Jones Beach on Long Island and 29 miles off Long Brach, New Jersey.
An aerial view of Dominion's Cove Point LNG facility in Lusby, Md. Storage tanks are shown in the foreground; tankers dock at the receiving terminal in the background to transfer liquefied natural gas. (Photo: Dominion Resources Inc.)

Natural gas in storage reaches record level

The U.S. has tied and is set to surpass a record for the amount of natural gas in storage, according to the latest Energy Department data.

State Sen. Cathy Giessel, right, speaks on the floor of the Alaska Senate during debate on a bill to authorize the buyout of one of the state's partners in a proposed gas project, Tuesday, Nov. 3, 2015, in Juneau, Alaska. The bill passed the Senate 16-3. (AP Photo/Becky Bohrer)

Alaska Senate approves TransCanada buyout bill

The Alaska Senate on Tuesday approved legislation that would give the state a greater share in a proposed liquefied natural gas project by buying out one of the project’s partners.

Nearing Sabine Pass startup, Cheniere reports loss in third quarter

The first major Cheniere project due to come online is the massive liquefaction and export facility at Sabine Pass.

Today’s economic weakness, tomorrow’s natural gas oversupply

On the 70th birthday of the Fonz (aka Henry Winkler), commodities are trying to stay cool amid a bearish barrage of news. We have had Q3 earnings from Exxon Mobil and Chevron to round out big oil’s reporting; both fell in lockstep with the trend of the other members – falling profits but strong downstream […]
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Vincent Lee, of TransCanada Corp., center, appears before the House Finance Committee on Wednesday, Oct. 28, 2015, in Juneau, Alaska. The Alaska Legislature is considering a buyout of TransCanada from a major liquefied natural gas project that the state is pursuing. (AP Photo/Becky Bohrer)

TransCanada official expresses support for gas project

— TransCanada Corp. believes in the Alaska liquefied natural gas project, but it also agrees with Gov. Bill Walker’s recommendation that the state buy out the company’s interest in it, a TransCanada official said Wednesday.
(Tomohiro Ohsumi/Bloomberg)

LNG oversupply likely to burden spot prices

The large addition of supply and weakening demand growth could spark a downturn in LNG prices similar to the 2008-10 downturn.