Texas LNG Brownsville LLC said it has signed non-binding term sheets with four independent liquefied natural gas (LNG) buyers in Southeast Asia and China for a combined volume of 3.1 million tonnes per annum (mtpa), which oversubscribes the single-train first phase of its liquefaction project.
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Atlantic LNG Project Advances to Carry U.S., Canada Supply Overseas
An Asian plan to open an Atlantic Coast liquefied natural gas (LNG) tanker terminal for U.S. and Canadian production advanced Wednesday, when the National Energy Board (NEB) granted the project a 25-year import/export license.
Industry Briefs
Magellan Midstream Partners LP plans to construct a new pipeline origin point at Barnhart, TX, to accept crude oil shipments on the partnership’s Longhorn pipeline. The new point will be 75 miles east of the pipeline’s Crane, TX, origin and is expected to begin receiving crude oil in early 2015. The project is expected to cost…
Phase Two of BP Trial Underway
The second phase of the multi-district litigation (MDL) against BP plc concerning the Macondo well blowout got underway Monday in New Orleans, with lawyers battling it over the amount of oil spilled into the Gulf of Mexico for 87 days beginning April 20, 2010.

ZaZa, EOG Step Up Eagle Ford JV Activity
ZaZa Energy Corp. and joint venture (JV) partner EOG Resources Corp. have revised their agreement in order to further develop and expand their Eaglebine/Eagle Ford Shale East assets
Pressure Mounts to Tighten Rail Tank Car Standards
Pressure is mounting inside and outside Washington, DC, for the Department of Transportation (DOT) to order the retrofit or phase-out DOT-111 tank cars that are used to transport crude oil and ethanol by rail. Proponents of the effort note that a number of the tank cars involved in the fiery crash of tanker cars carrying Bakken crude in Quebec earlier this month were DOT-111 cars.

Britain’s Bowland-Hodder Shale Has 1,329 Tcf, Give or Take
The Bowland-Hodder Shale of northern England has between 822 and 2,281 Tcf of natural gas in place, according to a new study that is the first to integrate all existing seismic data, geological analyses and well samples from the shale, the British Geological Survey (BGS) said Thursday. The assessment is higher than earlier estimates.
New Refinery Would Handle Eagle Ford Crude
Irving, TX-based Worldwide Energy Consortium Inc. (WEC) is set to begin the initial engineering/permitting phase for a new refinery to be located near Gardendale in La Salle County, TX.
Atlas Pipeline’s Onshore NatGas Volumes Jump 63%
Driven by steadily increasing midstream business, Atlas Pipeline Partners LLP’s (APL) natural gas volumes from onshore U.S. plays jumped by double digits in the first three months of this year from a year ago to average 1.03 Bcf/d, the operator said late Monday.
Nucor Takes Half-Stake in Encana Natural Gas Wells
U.S. steel and iron producer Nucor Corp. last week said it is taking a half-stake in some of Encana Corp.’s U.S. natural gas wells in Colorado to guard against an expected increase in U.S. gas prices.