Spot rates for LNG vessel charters are rising sooner than last year as natural gas buyers and sellers hone in on the winter supply scenario and global risks that still abound. Spot vessel rates for liquefied natural gas deliveries east of the Suez canal reached about $100,000/day Friday for the first time since January and…
Articles from Atlantic
BP plc and Shell plc have agreed to restructure ownership in Trinidad and Tobago’s Atlantic LNG partnership, allowing the country’s state-owned firm to increase its stake while the majors focus on further upstream investments. Under the agreement, the partnership amongst the four-train liquefaction facility would be restructured to allow the state-controlled National Gas Company of…
As the major LNG exporting country adapts to declining domestic production, the government of Trinidad and Tobago is exploring options to import natural gas from neighboring countries in order to re-export it to the global market, and in particular, Europe. One of the most viable options, according to Trinidadian officials, could be tapping ample Venezuelan…
The 2020 Atlantic hurricane season, which runs from June 1 to Nov. 30, will be a busy one, producing 13-19 named storms, including six-10 hurricanes, with up to six of them major hurricanes (Category 3 or higher), according to forecasters at the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center.
The upcoming Atlantic hurricane season is likely to be the fifth consecutive with above-average activity, producing 14-18 tropical storms, including seven to nine hurricanes, with two to four of them major hurricanes (Category 3 or higher), according to AccuWeather meteorologists.
Under scrutiny from the U.S. Court of Appeals for the District of Columbia Circuit, and facing criticism that it has impinged on the due process rights of pipeline challengers, FERC on Monday said it’s taking steps to address concerns over its handling of rehearing requests.
The U.S. Court of Appeals for the District of Columbia (DC) Circuit has agreed to rehear a case challenging FERC’s review of the Atlantic Sunrise Project, and while some analysts don’t see any immediate impact to service on the 1.7 Bcf/d expansion, the move could have implications for the Commission’s rehearing process.
NextEra Energy Partners LP said Monday that it has agreed to acquire a significant ownership stake in the Atlantic Sunrise natural gas pipeline in a deal valued at $1.37 billion.
The U.S. House of Representatives has approved a trio of measures that would block Trump administration efforts to expand areas of oil and natural gas drilling off shores of the United States.
A challenge to a state-issued air quality permit for the proposed Atlantic Bridge natural gas compressor station underway by Algonquin Gas Transmission in Weymouth, MA, was rejected Thursday, clearing the way for the project to move forward, pending additional permit approvals.