Infrastructure

Mixed Reaction from Natural Gas, Oil Industry as $2T Biden Infrastructure Plan Targets Decarbonization, Taxes

Mixed Reaction from Natural Gas, Oil Industry as $2T Biden Infrastructure Plan Targets Decarbonization, Taxes

President Biden’s $2.25 trillion American Jobs Plan has generated mixed reactions from the fossil energy industry, as Biden is asking Congress to raise corporate taxes in order to accelerate the clean energy transition. The jobs and infrastructure package underscores the “whole-of-government” approach Biden is taking toward climate and energy policy, a shift from previous administrations.…

April 5, 2021
KKR Eyes Infrastructure Growth with Stakes in Sempra’s Gulf Coast, Mexico LNG Projects

KKR Eyes Infrastructure Growth with Stakes in Sempra’s Gulf Coast, Mexico LNG Projects

Global investment firm KKR is buying a stake in a Sempra Energy business unit that manages liquefied natural gas (LNG) projects on the Gulf Coast and in Mexico as it anticipates growth in North American energy infrastructure. Under the terms of the deal announced Monday, KKR will pay  $3.37 billion for a 20% non-controlling interest…

April 5, 2021
Stabilis Sees LNG Supply Deals, Customer Inquiries Up for South Texas Plant

Stabilis Sees LNG Supply Deals, Customer Inquiries Up for South Texas Plant

Stabilis Solutions Inc., which produces and distributes small-scale liquefied natural gas (LNG), said Wednesday it has three long-term sales contracts that represent up to 40% of the liquefaction capacity at its George West, TX, plant.  The company said the contracts are with customers in the infrastructure and mining markets. Combined with existing contracted and uncontracted…

March 19, 2021
Mexico’s CFE Seeking Bidders to Build Six Combined-Cycle Plants

Mexico’s CFE Seeking Bidders to Build Six Combined-Cycle Plants

Mexico’s state-owned power utility Comisión Federal de Electricidad (CFE) is launching an international tender to build for six combined-cycle natural gas-fired power plants with a combined installed capacity of 4,322 MW. The plants, part of CFE’s 2021-2025 business plan, “will be located in strategic regions with the purpose of strengthening CFE and guaranteeing Mexico’s energy…

March 11, 2021
TC Energy Looks to Complete Tula-Villa de Reyes Pipeline This Year

TC Energy Looks to Complete Tula-Villa de Reyes Pipeline This Year

TC Energy Corp. expects to complete construction of the 886 MMcf/d Tula-Villa de Reyes pipeline in Mexico during 2021. The construction timetable is subject to the “timely reopening of government agencies,” executives said last Thursday during a fourth quarter earnings call. Executives cited the coronavirus as impacting the project. Upon completion, TC plans to phase-in…

February 23, 2021
Environmental Justice the Focus of New FERC Position as Chairman Singles Out NatGas Projects

Environmental Justice the Focus of New FERC Position as Chairman Singles Out NatGas Projects

In a move likely to have implications for natural gas infrastructure projects moving forward, FERC is creating a senior position focused on environmental justice and equity issues. Chairman Richard Glick, a Democrat who was handed the gavel by the Biden administration last month, announced the new agency role late last week. While promising more details…

February 18, 2021
China Expanding, Diversifying Footprint in Latin American Energy

China Expanding, Diversifying Footprint in Latin American Energy

While China has been embroiled in a trade dispute with the United States, its presence in the energy sector in Latin America has continued to grow, impacting the shape and direction of the region’s energy markets. According to the report, “China Stakes its Claim in Latin American Energy,” released by think tank Institute of the…

February 11, 2021
Debate Over Natural Gas Pipeline Rehearing Procedures Simmering at FERC

Debate Over Natural Gas Pipeline Rehearing Procedures Simmering at FERC

Under the direction of new Chairman Richard Glick, FERC is revisiting an order issued last year designed to prevent natural gas pipelines from starting construction with rehearings pending, opening the door to potentially implement additional landowner protections. However, in doing so the Federal Energy Regulatory Commission is leaving pipeline developers in the lurch by not…

February 1, 2021
California Blackouts Said Caused by Poor Planning, Under-Used Natural Gas Supply

California Blackouts Said Caused by Poor Planning, Under-Used Natural Gas Supply

A failure for state agencies to conduct integrated planning and miscalculating natural gas supplies contributed to California’s rolling power blackouts during a severe heat storm last August, according to a multi-agency report. The California Independent System Operator (CAISO), California Public Utilities Commission (CPUC) and California Energy Commission (CEC) in the report called for expanded oversight…

January 15, 2021
New Fortress Expands Latin America LNG Position with Brazil Acquisition

New Fortress Expands Latin America LNG Position with Brazil Acquisition

New Fortress Energy Inc. said Wednesday it is acquiring Golar LNG Partners LP (GMLP) and Hygo Energy Transition Ltd. in a deal valued at $5 billion that expands operations in Latin America and provides liquefied natural gas (LNG) shipping assets.  Hygo is a 50-50 joint venture between Golar LNG Ltd. and a fund managed by…

January 14, 2021