Daily

Cheniere Energy Inc. co-founder Charif Souki and BG Group plc liquefied natural gas (LNG) veteran Martin Houston Tuesday announced the formation of Tellurian Investments, which will offer “mid-scale” LNG export projects along the U.S. Gulf Coast.

Mexico has no plans to slow its energy reforms, despite lower commodity prices, and the country will move forward with an offshore auction late this year, President Enrique Pena Nieto said Monday at IHS CERAWeek.

BG Group shareholders overwhelmingly approved the proposed merger with Royal Dutch Shell plc at their general meeting on Thursday, clearing one of the last hurdles to creating a global energy giant.

FERC Commissioner Tony Clark said Thursday he will not seek reappointment when his current term ends June 30.

Anadarko Petroleum Corp. and its partners have ramped up production from the first three wells at the Heidelberg field of the Lower Tertiary Trend in the Gulf of Mexico, the producer’s second major deepwater truss spar development in two years.

An end to the nation’s 40-year-old ban on crude oil exports appears to be in sight as the issue — a top priority for Republicans and industry advocates — has become a bargaining chip in ongoing budget negotiations in Congress.

Liquefied Natural Gas Ltd. (LNGL) has appointed Philip D. Moeller non-executive director. He is the Australian company’s third U.S.-based non-executive director. Former FERC Commissioner Moeller left the Federal Energy Regulatory Commission in October as the second-longest serving member in its history (see Daily GPI,Oct. 6). Prior to serving on the Commission, he headed the Washington office of Alliant Energy, worked in the Washington office of Calpine Corp., and served on the Washington, DC, staff of Sen. Slade Gorton from his home state of Washington. Previously, he was the staff coordinator of the Washington State Senate Energy, Utilities and Telecommunications Committee in Olympia, WA. Moeller is a graduate of Stanford University. “His experience and knowledge of U.S. government policy and interaction with other key government departments will be very important in achieving the company’s growth ambitions,” said LNGL Chairman Richard Beresford. “Being based in Washington, DC, will also enable him to interact regularly with our corporate and project teams in Houston.” LNGL unit Magnolia LNG LLC is developing an LNG export terminal in Louisiana (see Daily GPI,Nov. 16), and its Bear Head LNG Corp. unit is developing a terminal in Nova Scotia (see Daily GPI,July 20).

More than three-quarters of the companies participating in NGI’s 3Q2015 Top North American Gas Marketers Ranking, including heavyweights like BP plc, Shell Energy NA and ConocoPhillips, reported lower sales transaction numbers in the third quarter than they did in the same period last year, as they continue to wait for depressed commodities prices to right themselves.

More than three-quarters of the companies participating in NGI’s 3Q2015 Top North American Gas Marketers Ranking, including heavyweights like BP plc, Shell Energy NA and ConocoPhillips, reported lower sales transaction numbers in the third quarter than they did in the same period last year, as they continue to wait for depressed commodities prices to right themselves.