Gulf Coast

Tropical Storm Nicholas Shuts Down Freeport LNG, Threatens Other U.S. Export Terminals — LNG Recap

Tropical Storm Nicholas Shuts Down Freeport LNG, Threatens Other U.S. Export Terminals — LNG Recap

Tropical Storm Nicholas, which moved onshore Texas early Tuesday, has temporarily shut down the Freeport liquefied natural gas (LNG) terminal south of Houston, and is projected to sweep over all of the Gulf Coast’s major export facilities in the coming days. The storm’s turn toward Louisiana may threaten exports at a time when the global…

September 14, 2021
Stabilis Targeting First Gulf Coast LNG Fueling Event for Later This Year

Stabilis Targeting First Gulf Coast LNG Fueling Event for Later This Year

Small-scale liquefied natural gas (LNG) supplier Stabilis Solutions Inc. expects its first marine fueling events on the Gulf Coast to happen later this year after recently adding several projects to its portfolio.  CEO James Reddinger said last week the company is poised to benefit from expected growth in the bunkering sector as vessel owners move…

August 11, 2021
Oil, Natural Gas Rig Tallies Rise as Baker’s U.S. Count Climbs to 484

Oil, Natural Gas Rig Tallies Rise as Baker’s U.S. Count Climbs to 484

Amid a ramp-up in both oil- and natural gas-directed drilling, the United States added five rigs to raise its tally to 484 during the week ended Friday (July 16), according to the latest count from Baker Hughes Co. (BKR). Three natural gas-directed rigs and two oil-directed rigs were added domestically during the week. The U.S.…

July 16, 2021
Talos Diving into Carbon Capture Opportunities in U.S. Offshore

Talos Diving into Carbon Capture Opportunities in U.S. Offshore

Houston-based Talos Energy Inc. is diving into carbon capture and storage (CCS) opportunities along the Gulf Coast and offshore with UK expert Storegga Geotechnologies Ltd.  Through the joint venture (JV), the partners plan to “source, evaluate and develop” CCS opportunities on the coast and in the Gulf of Mexico (GOM) offshore Alabama, Louisiana, Mississippi and…

June 11, 2021
NOAA Forecasting Strong Chance for Another Stormy Atlantic Hurricane Season

NOAA Forecasting Strong Chance for Another Stormy Atlantic Hurricane Season

Another above-normal Atlantic hurricane season is predicted this year, with 13-20 named storms, but experts do not anticipate the historic level of activity seen last year. The Climate Prediction Center (CPC) of the National Oceanic and Atmospheric Administration (NOAA) on Thursday said there was a 60% chance of an above-normal season, a 30% chance of…

May 20, 2021
Corpus Christi Port Partnering with Ares on Green Hydrogen Project

Corpus Christi Port Partnering with Ares on Green Hydrogen Project

The Port of Corpus Christi, a leading U.S. oil and natural gas export hub, has unveiled plans to explore green hydrogen production at its facilities in South Texas. Under a memorandum of understanding (MOU) announced earlier this week, the Corpus Christi port is partnering with finance giant Ares Management Corp. to look into the potential…

May 13, 2021
Enbridge Sees ‘Renewed Interest’ in U.S. Gulf Crude, LNG Exports as Pandemic Fears Fade

Enbridge Sees ‘Renewed Interest’ in U.S. Gulf Crude, LNG Exports as Pandemic Fears Fade

Canadian pipeline giant Enbridge Inc. said Friday it was seeing an uptick in interest for crude and liquefied natural gas (LNG) exports from the U.S. Gulf Coast amid an anticipated global economic recovery from the Covid-19 pandemic. “Our solid regional footprint and premier North American integrated pipeline networks are ideally positioned to capitalize on these…

May 10, 2021
U.S. Coast Guard Calls Off Seacor Search in Gulf of Mexico

U.S. Coast Guard Calls Off Seacor Search in Gulf of Mexico

The U.S. Coast Guard (USCG) is suspending its search and rescue efforts for eight people still missing after a Seacor Marine-owned liftboat capsized off Louisiana last week. “This does not mean the case is closed,” Capt. Will E. Watson, sector commander in New Orleans, said Monday during a press conference. “At any time, we might…

April 19, 2021
Pilot LNG Moving Forward with Texas LNG Bunkering Port

Pilot LNG Moving Forward with Texas LNG Bunkering Port

Plans to build the first liquefied natural gas (LNG) bunkering port on the Gulf Coast are inching forward by awarding a front-end engineering and design (FEED) contract for a floating LNG unit. Developer Pilot LNG LLC said last week it had chosen partner Wison Offshore & Marine to carry out the FEED work. Wison also…

April 12, 2021
Vine Energy Going Public, Says Haynesville ‘Critical’ to Future Natural Gas Demand

Vine Energy Going Public, Says Haynesville ‘Critical’ to Future Natural Gas Demand

With its focus trained on fulfilling natural gas demand on the Gulf Coast and beyond, Haynesville Shale pure-play Vine Energy Inc. is preparing to go public. The Blackstone Group LP-backed private on Tuesday priced an initial public offering (IPO) for 18.75 million common shares at $16-19 each. At those prices, Vine could raise $328 million…

March 10, 2021
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