Category: USA
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EU-US energy deal seen as political symbol, not LNG game-changer
EU-US energy deal seen as political symbol, not LNG game-changer A recent study by the international intergovernmental organization Gas Exporting Countries Forum (GECF) has highlighted the potential impacts the trade deal signed between the US and the EU could have on liquefied natural gas (LNG) market dynamics. The post EU-US energy deal seen as political…
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South Texas LNG project cleared for completion in late 2029
South Texas LNG project cleared for completion in late 2029 The U.S. Federal Energy Regulatory Commission has reissued the final order authorizing the construction and operation of the liquefied natural gas (LNG) project Texas LNG, a subsidiary of Glenfarne Energy Transition, proposes to build in the Port of Brownsville, Texas. The post South Texas LNG…
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UAE player’s stake buy prompts rebrand of US LNG developer
UAE player’s stake buy prompts rebrand of US LNG developer UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has closed the acquisition of an interest in a subsidiary of energy-focused alternative asset manager Kimmeridge. The post UAE player’s stake buy prompts rebrand of US LNG developer…
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Cheniere signs 20-year LNG supply deal with JERA
Cheniere signs 20-year LNG supply deal with JERA Cheniere Marketing, a subsidiary of U.S. player Cheniere Energy, has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Japan’s JERA. The post Cheniere signs 20-year LNG supply deal with JERA appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Amplify targets August startup for new oil well offshore California
Amplify targets August startup for new oil well offshore California U.S.-headquartered oil and gas company Amplify Energy Corp expects its well off the coast of California to start producing next month. The post Amplify targets August startup for new oil well offshore California appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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FERC easing rules to expedite construction of natural gas projects
FERC easing rules to expedite construction of natural gas projects The U.S. Federal Energy Regulatory Commission (FERC) has taken action to remove regulatory obstacles and speed up the construction of natural gas infrastructure projects in the United States. The post FERC easing rules to expedite construction of natural gas projects appeared first on Offshore Energy.…
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Atlas wins crewing contract for Noble’s Suriname drilling campaign
Atlas wins crewing contract for Noble’s Suriname drilling campaign U.S. offshore drilling contractor Noble Corporation has awarded Atlas Professionals with a crew management contract for its upcoming drilling campaign in Suriname. The post Atlas wins crewing contract for Noble’s Suriname drilling campaign appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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TotalEnergies follows in Aramco’s footsteps with 20-year US LNG offtake deal secured
TotalEnergies follows in Aramco’s footsteps with 20-year US LNG offtake deal secured TotalEnergies has exercised its purchase option and inked a multi-year LNG sale and purchase agreement (SPA) with NextDecade, enabling sufficient commercial agreements in place to back a positive final investment decision (FID) on the fourth train at an LNG export project in Texas, United…
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UAE firm makes its first foray into US by joining Kimmeridge’s gas and LNG business
UAE firm makes its first foray into US by joining Kimmeridge’s gas and LNG business Mubadala Energy is entering the U.S. energy market through an equity investment into the upstream gas and liquefied natural gas (LNG) business owned by a subsidiary of Kimmeridge, an energy-focused alternative asset manager. The post UAE firm makes its first…
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US eyes June 2025 lease round to reclaim ‘energy dominance’ with fresh Gulf of America acreage
US eyes June 2025 lease round to reclaim ‘energy dominance’ with fresh Gulf of America acreage The United States Department of the Interior has instructed its Bureau of Ocean Energy Management (BOEM) to hold the next scheduled oil and gas lease sale in the Gulf of America. The post US eyes June 2025 lease round…
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US LNG major buying compatriot’s Jamaican assets for $1.05B in pursuit of downstream growth
US LNG major buying compatriot’s Jamaican assets for $1.05B in pursuit of downstream growth U.S. energy infrastructure player New Fortress Energy (NFE) has entered into a definitive agreement for the sale of its assets and operations in Jamaica to compatriot liquefied natural gas (LNG) player Excelerate Energy. The post US LNG major buying compatriot’s Jamaican…
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With commissioning complete, Bechtel hands over LNG terminal’s train to Cheniere
With commissioning complete, Bechtel hands over LNG terminal’s train to Cheniere U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy has achieved substantial completion of the first train (Train 1) of the next development stage of its Corpus Christi LNG facility in Texas. The post With commissioning complete, Bechtel hands over LNG terminal’s train…
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Baker Hughes picked to work on making Texas LNG terminal ‘one of the largest’ in the world
Baker Hughes picked to work on making Texas LNG terminal ‘one of the largest’ in the world Houston-headquartered energy player NextDecade Corporation has inked two deals with compatriot energy technology giant Baker Hughes, a framework agreement for work on the former’s liquefied natural gas (LNG) terminal under development in Texas and a contractual services agreement…
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US order sets date for Chevron to grind oil exports from Venezuela to a halt
US order sets date for Chevron to grind oil exports from Venezuela to a halt Chevron has been given a 30-day deadline to bring a wind-down of its crude oil production and exports in Venezuela to an end, as its previous license has been revoked by the U.S. Treasury Department’s Office of Foreign Assets Control…
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US renews Serica’s North Sea field sanction exemption
US renews Serica’s North Sea field sanction exemption UK-based upstream oil and gas player Serica Energy has secured an extension of a sanction waiver from the United States Office of Foreign Assets Control (OFAC) for its field in the UK sector of the North Sea. The post US renews Serica’s North Sea field sanction exemption…
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Bangladesh books LNG from future export terminal in Louisiana
Bangladesh books LNG from future export terminal in Louisiana The United States-based Argent LNG has signed a heads of agreement (HOA) with the Government of Bangladesh for the purchase of liquefied natural gas (LNG) from the former’s proposed export facility in Port Fourchon, Louisiana. The post Bangladesh books LNG from future export terminal in Louisiana…
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Shell and Chevron cheer first oil as Whale song enriches energy security courtship in US Gulf of Mexico
Shell and Chevron cheer first oil as Whale song enriches energy security courtship in US Gulf of Mexico Shell, and its partner, Chevron, have boosted their oil and gas arsenal in the U.S. Gulf of Mexico by starting production from a deepwater project more than seven years after the original hydrocarbon discovery. The post Shell…
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First oil from ‘world class’ Gulf of Mexico project on track for mid-2025 as FPU nears completion
First oil from ‘world class’ Gulf of Mexico project on track for mid-2025 as FPU nears completion U.S.-headquartered LLOG Exploration is closing in on the first oil production from a deepwater project in the U.S. Gulf of Mexico as a floating production unit (FPU) destined for work at this oil development achieves refurbishment progress, which…
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Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on Trump’s energy agenda
Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on Trump’s energy agenda President Joe Biden’s legacy has now added an offshore drilling ban, spanning over 625 million acres of the U.S. ocean, to the mix. The post Biden’s US offshore oil & gas drilling…
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American LNG project cheers 800th cargo milestone
American LNG project cheers 800th cargo milestone A liquefied natural gas (LNG) export project in Texas, United States (U.S.), has marked the shipment of 800 cargos. The post American LNG project cheers 800th cargo milestone appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals
Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals Non-governmental research and campaigning organization Reclaim Finance and BankTrack, an international tracking, campaigning, and civil society support organization targeting private sector commercial banks and the activities they finance, have published a report asking banks to stop financing liquefied natural…
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Ukraine welcomes first US LNG cargo
Ukraine welcomes first US LNG cargo Ukraine’s DTEK Group has taken delivery of its first liquefied natural gas (LNG) shipment from the United States which is expected to bolster the country’s energy security. The post Ukraine welcomes first US LNG cargo appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks
Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks U.S.-based Commonwealth LNG, which is developing a liquefied natural gas (LNG) export terminal project near Cameron, Louisiana, has appointed a new member to the positions of General Counsel and Chief Commercial Officer. The post Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks appeared first on Offshore Energy.…
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Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays
Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays INEOS has embarked on a quest to expand its U.S. Gulf of Mexico footprint by inking a deal with CNOOC to take over its Gulf of Mexico business. The acquisition is seen as the British player’s…
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US-Qatar oil & gas ties are ‘win-win’ but EU’s green agenda bound to cause exodus, QatarEnergy’s CEO warns
US-Qatar oil & gas ties are ‘win-win’ but EU’s green agenda bound to cause exodus, QatarEnergy’s CEO warns QatarEnergy’s CEO has pinpointed the potential detriments the EU’s new sustainability rules may bring, including energy security woes for the top global liquefied natural gas (LNG) import market, given the high penalties gas and LNG importing club…
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Cheniere’s LNG emissions footprint lower than thought, report shows
Cheniere’s LNG emissions footprint lower than thought, report shows U.S. liquefied natural gas (LNG) exporter Cheniere Energy has published an updated life cycle assessment (LCA) study for the intensity of greenhouse gas (GHG) emissions produced by its exported natural gas according to which their levels are lower than formerly assumed. The post Cheniere’s LNG emissions…