Import

North Dakota passed another oil production milestone in November, averaging more than a half-million b/d, according to preliminary data released Tuesday by the state Industrial Commission.

Already conditionally certified at FERC and with longer-term plans to become an import-export facility, the Jordan Cove liquefied natural gas (LNG) project along the south-central Oregon coast won a key state approval Wednesday. It has broader implications for the coastal port overall, as well as the LNG project pursued by a group headed by Fort Chicago Energy Partners.

Widespread development of natural gas export capability in the United States could be a huge boost to the U.S. economy, to natural gas infrastructure companies and to liquefied natural gas (LNG) import facilities that now are stymied by a disjointed global market for gas that currently has U.S. prices lagging below those in the rest of the world, according to Darcel Hulse, Sempra Energy’s outgoing CEO for LNG operations.

An investor group led by Kohlberg Kravis Roberts & Co. LP (KKR) has agreed to pay $7.2 billion for Samson Investment Co. of Tulsa, one of the largest privately held exploration and production (E&P) companies in the United States. The deal gives KKR and its partners stakes in a number of unconventional resources plays.

A landowner uprising is buying time for Canadian natural gas suppliers to mount a resistance campaign against a plan to import rival production from the United States.

A landowner uprising is buying time for Canadian natural gas suppliers to mount a resistance campaign against a plan to import rival production from the United States.

It will be another two to three months before the backers of the FERC-approved Jordan Cove liquefied natural gas (LNG) import terminal project will know if they will try to transform their project into an export facility. Jordan Cove earlier confirmed that it has taken its first step toward seeking an export license.

FERC Wednesday officially vacated the certificate approving the Weaver’s Cove Energy LLC liquefied natural gas (LNG) import terminal and associated facilities proposed for Fall River, MA.

Two projects that would add natural gas liquefaction and export capacity to existing Gulf of Mexico liquefied natural gas (LNG) import and regasification terminals at Cameron Parish, LA, and Brazoria County, TX, need to ink contracts quickly in order to beat shrinkage in LNG export margins, according to Societe Generale (SG).