Atlantic

BP, Shell Sign Ownership Restructuring Agreement for Trinidad’s Atlantic LNG Facility

BP, Shell Sign Ownership Restructuring Agreement for Trinidad’s Atlantic LNG Facility

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…

December 9, 2022
Trinidad Eyes Increased Global LNG Re-Exports with Venezuela Natural Gas

Trinidad Eyes Increased Global LNG Re-Exports with Venezuela Natural Gas

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…

October 25, 2022

NOAA Expecting as Many as 10 Atlantic Hurricanes This Season

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.

May 21, 2020
‘Above-Average’ 2020 Atlantic Season Could Produce Four Major Hurricanes, Says AccuWeather

‘Above-Average’ 2020 Atlantic Season Could Produce Four Major Hurricanes, Says AccuWeather

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.

March 27, 2020

FERC Defends Tolling Orders in Atlantic Sunrise Case, Makes Effort to Appease Critics

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.

February 11, 2020

DC Circuit to Rehear Atlantic Sunrise Challenge; FERC Procedure Under Scrutiny

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.

December 10, 2019

NextEra to Acquire $1.37B Stake in Atlantic Sunrise Pipeline

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.

September 30, 2019
House Passes Bills to Block Trump Offshore Drilling Plans, Senate Unlikely to Agree

House Passes Bills to Block Trump Offshore Drilling Plans, Senate Unlikely to Agree

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.

September 12, 2019

Atlantic Bridge Compressor Project in Massachusetts Inches Forward

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.

July 2, 2019

Bad Omen? Atlantic May See 13 Named Storms, but ’19 Hurricane Forecast Below Average

The 2019 Atlantic basin hurricane season will bring 13 named storms but have slightly below-normal hurricane activity overall, according to forecasters with Colorado State University (CSU).

April 5, 2019
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