Cheniere

While Woodside Energy Group Ltd. is pushing ahead with multi-billion dollar natural gas development projects to secure the future of its Australian assets, it made moves in the third quarter to grow its exposure to European markets with help from some added U.S. LNG. The third quarter was Woodside’s first full earnings period since it…

Natural gas prices dropped again Wednesday as traders assessed receding domestic demand prospects, rising production and possible peril for American LNG exports. The October Nymex gas futures contract settled at $7.842/MMBtu, down 30.3 cents day/day. November fell 31.1 cents to $7.901. At A Glance: Production hovers around all-time high Forecasts call for cooler weather ahead…

The Environmental Protection Agency (EPA) this week denied Cheniere Energy Inc.’s request for an exemption from a reinstated air pollution rule that will now force the company to work toward compliance.  Cheniere spokesperson Eben Burnham-Snyder said the agency’s decision will likely result in “unwarranted expenditures,” but the company does not expect it to have a…

Natural gas futures continued to slide early Wednesday as traders mulled potential impacts to LNG exports from a reinstated pollution rule affecting two major U.S. terminals.  After plunging 64.1 cents in Tuesday’s trading, the October Nymex contract was down another 12.6 cents to $8.019/MMBtu at around 8:55 a.m. ET. Selling in Tuesday’s session occurred in…

Cheniere Energy Inc. outlined plans to add more than 3 million metric tons/year (mmty) of capacity and additional storage at its Corpus Christi LNG terminal in South Texas after inking deals for future capacity. The largest U.S. liquefied natural gas exporter is considering adding two midscale trains and a 220,000 cubic meter storage tank at…

As the world scrambles for more LNG, Chart Industries Inc. CEO Jillian Evanko sees the way that projects are built is changing rapidly in a way that’s allowing developers to deliver the super-chilled fuel faster. Timelines on projects that once took years to build are shrinking as more equipment for smaller, modular projects is being…

Houston super independent APA Corp., whose U.S. operations are focused in the Permian Basin, is taking a cue from higher natural gas and liquids prices to restart development in its almighty Alpine High portfolio. The executive team, led by CEO John J. Christmann IV, shared second quarter results in a recent conference call. The team…

The hot summer of long-term LNG supply contracts for U.S. exporters is continuing this week with another pair of separate sales and purchase agreements (SPA) by Cheniere Energy Inc. and NextDecade Corp. A Cheniere subsidiary secured a 1 million metric tons/year (mmty) SPA for liquefied natural gas with Thailand’s PTT Public Co. Ltd. (PTT). Houston-based…

Cheniere Energy Inc. announced it has inked an additional long-term LNG offtake contract with PetroChina Co. Ltd., building on its supply agreement hot streak and teasing its next generation of projects. Houston-based Cheniere has signed a 1.8 million metric ton/year (mmty) sales and purchase agreement (SPA) with existing customer, PetroChina. According to the SPA, liquefied…