On May 12, The US Department of Energy (DOE) announced that it gave final approval for Cheniere Energy to export liquefied natural gas (LNG) from its $11.5 billion proposed plant in Corpus Christi, Texas. Cheniere will build two LNG trains at the site, with a total 13.5 million tons a year of capacity, a mega-LNG… Keep reading →
WASHINGTON – The Energy Department announced today that it has issued a final authorization for the Corpus Christi Liquefaction Project (Corpus Christi) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The Corpus Christi Liquefaction Project in Corpus Christi, Texas is… Keep reading →
A staggering C$1.149 billion ($958 million) – that’s how much money developers had offered the Lax Kw’alaams Band, a First Nation community of 3,600 on British Columbia’s northwest coast, for clearance to build a liquefied natural gas terminal in their territory. They said no. “Hopefully, the public will recognize that unanimous consensus in communities (and… Keep reading →
Just a month after oil major Royal Dutch Shell announced that it would acquire BG Group, the UK’s third largest energy company, for $70 billion in cash and stock, making it the biggest energy deal in a decade, Shell’s CEO Ben Van Beurden was off to China to convince regulators there that the deal did… Keep reading →
WASHINGTON – The Energy Department announced yesterday that it has issued a final authorization for Dominion Cove Point LNG, LP to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The Cove Point LNG Terminal in Calvert County, Maryland is authorized to… Keep reading →
British Columbia’s (BC) once high-flying liquefied natural gas (LNG) ambitions are taking yet another hit. The one-time goal of the Canadian province to have several LNG projects exporting gas to the Asia-Pacific market has already stalled amid plunging global oil and natural gas prices. Now, the Petronas–led C$36 billion (US$32 billion) Pacific Northwest LNG Project… Keep reading →
The state of Hawaii: remote, tropical and a haven for tourists. But for locals the remoteness of the islands poses a problem. Since the state producers no hydrocarbon resources of its own, it has to import all of its energy needs, resulting in electricity prices as much as three to five times the national average.… Keep reading →
Insight for Industry – FERC Issues Target Date for Oregon LNG Project On April 17, 2015, the Federal Energy Regulatory Commission (FERC) issued a notice of Schedule for Environment Review of the $6 billion Oregon LNG export terminal, setting a final review date of February 2016. The FERC filing is a major step forward for… Keep reading →
Political infighting is taking place in Alaska over the state’s hydrocarbon future. This time, however, it’s not over its oil production which has been steadily declining since reaching a peak of over 2 million barrels per day (b/d) in 1988 to a current average of just over 500,000 b/d. Its over the state’s plans to… Keep reading →
The Western Canadian province of British Columbia (BC) is trying to get its liquefied natural gas (LNG) export plans together, they really are. However, problems are besetting the country’s once high-flying ambitions. As the price of crude oil, both global Benchmark Brent and NYMEX-traded West Texas Intermediate (WTI) plunged by over half since mid-June, BC’s… Keep reading →
