Jacob Dick

Venture Global LNG Inc. could be facing more legal proceedings from contract holders as the prolonged commissioning process of its Calcasieu Pass LNG facility continues to drag on. Shell plc and BP plc reportedly have filed for arbitration with Venture Global at the London Court of International Arbitration (LCIA) for failing to supply the firms…

NextDecade Corp. has officially reached a final investment decision (FID) and given a notice to proceed on construction of the first phase of its Rio Grande LNG (RGLNG) facility. The Houston-based company disclosed Wednesday afternoon that it had secured $18.4 billion for the 17.6 million metric ton/year (mmty) first phase, making it what the company…

Delfin Midstream Inc. has finalized a sales and purchase agreement (SPA) with Centrica plc as it aims to make a final investment decision (FID) on the first phase of its Louisiana floating LNG export project later this year. UK-based energy firm Centrica has agreed to take 1 million metric ton/year (mmty) for 15 years on…

U.S. LNG exports and natural gas deliveries to Gulf Coast terminals are ticking up after a slump during June maintenance events, but global demand remains muted. Deliveries of feed gas to the Gulf Coast have increased since the beginning of the month, indicating that maintenance at Cheniere Energy Inc.’s Sabine Pass liquefied natural gas facility…

Gulfstream LNG Development LLC, a greenfield natural gas export project proposed for Louisiana, has received a permit to deliver to free trade agreement (FTA) countries from the U.S. Department of Energy (DOE). The firm in March requested an FTA and non-FTA permit for the estimated 237.5 Bcf/year or 650 MMcf/d project. In its order, DOE…

While the European Union has been working more than a year to replace Russian pipeline gas and decrease the country’s influence on the European economy, imports of Russian LNG have been ticking upward. The EU may need further sanctions on LNG if it’s serious about kicking Russian fossil fuels, according to a European think tank.…

The European Union’s (EU) independent energy regulator reported the bloc’s natural gas consumption has continued to drop even as trade liquidity and imports from the United States are still on the rise. The EU’s gas consumption has dropped 20.3% year-to-date, according to the latest market report from the European Union Agency for the Cooperation of…

NextDecade Corp. signed binding agreements with lenders to secure the more than $10 billion in financing it needs to fund construction of its Rio Grande LNG export project in Texas and is aiming for a final investment decision (FID) in the next few weeks. The Houston-based company disclosed it has received commitments from an international…

NextDecade Corp. signed binding agreements with lenders to secure the more than $10 billion in financing it needs to fund construction of its Rio Grande LNG export project in Texas and is aiming for a final investment decision (FID) in the next few weeks. The Houston-based company disclosed it has received commitments from an international…