Caroline Evans joined NGI as an associate LNG editor in March 2021. Prior to NGI, she was a reporter for five years at oil & gas newspaper Upstream, where she covered North American LNG and shale. Caroline holds a bachelor of arts degree in history from McGill University and a master of arts degree in journalism from the University of Missouri.
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Articles from Caroline Evans
Tellurian Terminates $700M Deal with TotalEnergies for Driftwood LNG
A deal with French supermajor TotalEnergies SE that would have injected up to $700 million into Tellurian Inc.’s planned Driftwood liquefied natural gas (LNG) export facility in Louisiana has fallen through after the project developer failed to meet a key deadline for sanctioning the project. In a filing with the U.S. Securities and Exchange Commission,…
July 12, 2021
Contango Snags ConocoPhillips’ Gassy Wind River Assets for $67M
U.S. independent Contango Oil & Gas Co. plans to boost its natural gas production by more than half later this year with the acquisition of ConocoPhillips’ conventional assets in Wyoming’s Wind River Basin for $67 million. The assets are estimated to have a net production run rate of about 78 MMcfe/d as of July 1.…
July 9, 2021
Freeport LNG Eyes 2022 to Sanction Fourth Train as Market Undergoes ‘Total Transformation’
The developers of the Freeport liquefied natural gas (LNG) export facility in Texas are targeting a mid-2022 final investment decision (FID) and a 2026 startup for the plant’s fourth train as customers indicate interest for long-term contracts. However, CEO Michael Smith told NGI last week that Freeport LNG will maintain a patient approach when it…
July 9, 2021
Petronas Inks $7B Deal to Supply LNG Canada Cargoes to CNOOC
Malaysia’s state-owned Petroliam Nasional Berhad, aka Petronas, has struck a $7 billion liquefied natural gas (LNG) supply deal with China National Offshore Oil Corp. (CNOOC) that includes cargoes from the LNG Canada facility currently under construction in British Columbia. Under the terms of the deal, Petronas would supply 2.2 million metric tons per year (mmty)…
July 7, 2021
Sempra Looking to ‘Optimize’ Mexico’s ECA Phase 2 Expansion
Sempra executives on Tuesday (June 29) said bringing the initial phase of the Energía Costa Azul (ECA) liquefied natural gas (LNG) project online in Baja California, Mexico was a top priority, but also said they are already looking at ways to lower the cost of a planned expansion. “It’s an optimization game,” Sempra LNG CEO…
July 2, 2021
Sempra Scaling Back Cameron LNG Expansion, Taking Breather on Port Arthur, but Mexico Top Priority
Sempra has scaled back plans to expand the Cameron liquefied natural gas (LNG) export facility in Louisiana, citing design innovations and the “high performance” of the existing three-train plant. The expansion originally called for two trains and two new storage tanks, adding 9.97 million metric tons per year (mmty) of capacity. However, Sempra (formerly Sempra…
June 30, 2021
Plaquemines LNG Receives Positive DEIS for Feed Gas Pipeline
FERC staff has issued an overall favorable draft environmental impact statement (DEIS) for a pipeline and related equipment to supply feedstock to one of Venture Global LNG Inc.’s planned liquefied natural gas (LNG) projects in Louisiana, though there was no conclusion regarding the impact on climate change. In the DEIS made public last week, the…
June 29, 2021
Bleak Picture Painted for Increasingly ‘Expensive and Fragile’ LNG Projects
Liquefied natural gas (LNG) suppliers may cede valuable market share to renewables as project costs skyrocket and buyers become more concerned about emissions associated with the super-chilled fuel, according to the Global Energy Monitor (GEM). The nonprofit, which tracks energy projects around the world, in a recent report said North American suppliers are particularly vulnerable…
June 25, 2021
Huge Oil, Natural Gas Discovery Reported in China’s Tarim Basin
A China National Petroleum Corp. (CNPC) subsidiary has made a giant oil and natural gas discovery totalling an estimated 1 billion tons of reserves in the prolific Tarim Basin in northwestern China, according to reports. “This has been the largest discovery of oil exploration in the Tarim Basin in the recent decade,” Tarim Oilfield Co.’s…
June 24, 2021
Rice-Backed Firm Prowling for Sustainable Energy Deals after $345M IPO
Former Rice Energy Inc. CEO Daniel Rice is doubling down on the energy transition with the debut of a second sustainability-focused blank-check firm. Rice Acquisition Corp. II (RAC II) raised $345 million in its initial public offering (IPO), which closed last week. The company, founded and led by Rice, plans to use the proceeds to…
June 22, 2021