Venture Global Plaquemines LNG has received an authorization order for its Plaquemines LNG Project in Louisiana from the US Department of Energy (DOE) to export domestically produced liquefied natural gas (LNG). The Plaquemines LNG facility, which is Venture Global’s second proposed LNG export project, is located on the Mississippi River, in Plaquemines Parish, nearly 20 […]
Gunvor Group has signed an LNG marketing and gas supply agreement with Commonwealth LNG pertaining to the latter’s $4 billion Commonwealth LNG export project in Cameron Parish, Louisiana. As per the agreement, the Swiss commodities trading house will help the LNG developor in getting binding LNG offtake and gas supply agreements for the full capacity […]
Petronet LNG Limited India and its affiliates will negotiate the purchase of up to five million tons per annum (5 mtpa) of liquefied natural gas (LNG) from Driftwood LNG export terminal following a memorandum of understanding (MOU) with Tellurian. For the supply of 5 mtpa of LNG a year for more than 40 years, Petronet […]
Florida-based infrastructure investment manager I Squared Capital has disclosed a previously made $460 million equity investment in Venture Global LNG, the developer of three US LNG projects in Louisiana with a combined capacity of 50 million tonnes per annum (mtpa). The assets of the Virginia-based Venture Global LNG are the Plaquemines LNG export project, the […]
The Cameron LNG project in Hackberry, Louisiana has been brought into production by Sempra Energy and its partners through the first liquefaction train of the $10 billion worth phase 1 of the LNG import/export facility. The first phase of the Cameron LNG project will have three liquefaction trains with an estimated export capability of 12 […]
Oil and gas industry news : Delek Group has agreed to acquire a stake of 22.45% in the producing Caesar Tonga oil field in the US Gulf of Mexico from Royal Dutch Shell’s subsidiary Shell Offshore for $965 million in an all-cash deal. The transaction will mark the exit of Shell from the Caesar Tonga […]
Oil and gas industry news : BHP has approved $696 million funding for the Atlantis Phase 3 project, an offshore oil project in the US Gulf of Mexico to be developed with an investment of $1.3 billion. BHP holds a 44% stake in the Atlantis Phase 3 project, located about 130 miles off the coast […]
Burns & McDonnell has been selected by Entergy New Orleans as the EPC project manager for its New Orleans Power Station, a new 128MW gas fired power plant to be built in New Orleans, Louisiana. Entergy New Orleans has given a full notice to Burns & McDonnell to move ahead with its contract. The design […]