The chairman of the U.S. Federal Energy Regulatory Commission said on Thursday the panel will create a senior position on environmental justice, to make sure new energy projects, such as pipelines and liquefied natural gas facilities, do not unfairly harm minority communities.
Venture Global LNG Inc said on Thursday it closed a $500 million term loan with several banks and will use some of the proceeds to fund construction activities as its proposed Plaquemines liquefied natural gas (LNG) export plant in Louisiana.
Cheniere Energy Inc asked the U.S. Federal Energy Regulatory Commission (FERC) to approve the company's request to put in service the third liquefaction train at its Corpus Christi liquefied natural gas (LNG) export plant in Texas.
Mexico s energy reforms for market liberalization have struggled to take flight.
It has been a difficult era for Mexico since crude oil production peaked in 2004 with the collapse of giant field Cantarell. As the chart below from BP shows, output since then has been sliced in half to 1.8 million barrels per day. The fall has become a national crisis for a federal government that has relied on oil sales for 25 to 40 percent of its budget. In fact, this siphoning of funds has left oil and gas monopoly Pemex without the resources for reinvestment in exploration and production.
Adopted in 2013 under then-President Peña Nieto, Mexico’s energy reforms for market liberalization have struggled to take flight. The goal was to finally allow private and foreign investment, and also desperately needed technical expertise, into Mexico’s oil, gas, and power markets. Stagnant and inefficient Pemex and state-owned utility CFE would be forced to face stiff competition to improve their oper
US LNG feedgas demand rises as fog eases in some areas along Gulf Coast
Gas deliveries to US liquefaction terminals topped 11 Bcf/d for the first time in a week Jan. 25 as the impact of fog eased temporarily, S&P Global Platts Analytics data showed.
Pilot service resumed for LNG tankers heading inbound through the channel that feeds Cheniere Energy’s Sabine Pass facility in southwest Louisiana.
The rebound in activity could be short-lived, as fog was forecast to return to the area, possibly limiting activity in the coming days, according to a notice to shippers. Fog also has been impacting shippers elsewhere along the Gulf Coast, from Louisiana down to Houston and Corpus Christi in Texas.