Rio Grande LNG

Adnoc Lands 1.9 MMty Offtake Agreement, Equity in Rio Grande LNG

Adnoc Lands 1.9 MMty Offtake Agreement, Equity in Rio Grande LNG

Abu Dhabi National Oil Co. (Adnoc) has invested in the first phase of Rio Grande LNG and secured offtake from a future expansion as it looks to boost its international natural gas portfolio. Adnoc disclosed Monday it has acquired an 11.7% stake in the first three trains of NextDecade Corp.’s 17.6 million metric tons/year (mmty)…

May 20, 2024
MPLX Opens Door to Growth Opportunities in ‘Liquids-Rich’ Marcellus, Utica and Permian

MPLX Opens Door to Growth Opportunities in ‘Liquids-Rich’ Marcellus, Utica and Permian

MPLX LP management said two strategic transactions announced in the first quarter would open the door to growth opportunities in the Marcellus and Utica shales and the Permian Basin. During a conference call to discuss quarterly performance, CEO Michael Hennigan told analysts that exploration and production (E&P) companies are targeting liquids-rich acreage in the Northeast.…

May 2, 2024
TotalEnergies Looks to Tap Gulf Coast Foothold to Grow U.S. LNG Business

TotalEnergies Looks to Tap Gulf Coast Foothold to Grow U.S. LNG Business

TotalEnergies SE CEO Patrick Pouyanné said the firm is leaning on its already outsized role as a leader in U.S. LNG to expand its supply chain positions and grow its hub of natural gas projects centered in Texas. TotalEnergies is currently the largest trader of U.S. liquefied natural gas and is the second largest LNG…

March 20, 2024
NextDecade Looks to Ink Contract with Bechtel for Rio Grande LNG Expansion by July

NextDecade Looks to Ink Contract with Bechtel for Rio Grande LNG Expansion by July

As NextDecade Corp. progresses construction on the first three trains for its Rio Grande LNG project in Texas, it is working to firm up contracts for its second phase by the middle of the year. Houston-based NextDecade last year broke ground in Brownsville, TX, on the first three trains of the facility, which could add…

March 13, 2024
Environmental Groups Target LNG in Election Year, Threatening U.S. Export Buildout

Environmental Groups Target LNG in Election Year, Threatening U.S. Export Buildout

Growing environmental opposition and political headwinds could combine to be one of this year’s biggest challenges for U.S. LNG projects working to advance. International environmental organizations, along with grassroots groups, social media influencers and some Democrats, are stepping up their efforts to stop the expansion of U.S. gas exports that’s accelerated in recent years.  The…

January 17, 2024
NextDecade Looks to Reach FID On Rio Grande LNG Train 4 By End of 2024

NextDecade Looks to Reach FID On Rio Grande LNG Train 4 By End of 2024

As the early phases of construction ramp up in Texas, NextDecade Corp. is plotting course for a final investment decision (FID) on an expansion of its Rio Grande LNG export facility later in the year. Houston-based NextDecade disclosed it has secured a credit agreement with the Japanese financial giant MUFG Bank Ltd. for a $50…

January 10, 2024
LNG, Mexico Exports Driving South Texas Natural Gas Demand Growth

LNG, Mexico Exports Driving South Texas Natural Gas Demand Growth

LNG and Mexico exports are expected to underpin U.S. natural gas demand growth over the coming years, with the Agua Dulce hub in South Texas playing a critical supply role. In turn, both markets are building out infrastructure to ensure access to molecules and capacity in an increasingly competitive and globalized gas market. “Feed gas…

January 9, 2024
NextDecade Targets 2024 to Sanction Rio Grande LNG Expansion

NextDecade Targets 2024 to Sanction Rio Grande LNG Expansion

As construction of the first phase gets underway in South Texas near the Mexico border, NextDecade Corp. is looking to finalize plans by mid-2024 to expand its Rio Grande LNG export project. The Houston-based firm broke ground in Brownsville on the first three trains of the facility last month, which could add 17.6 million metric…

November 17, 2023
Environmental Groups Look to Resume Fight Against Rio Grande LNG, Texas LNG Through DC Circuit

Environmental Groups Look to Resume Fight Against Rio Grande LNG, Texas LNG Through DC Circuit

The fight to suspend authorization for the Rio Grande and Texas LNG export projects on the Gulf Coast is expected to continue in federal court after FERC’s decision late last month to deny requests for rehearings. The Federal Energy Regulatory Commission reapproved the two Texas liquefied natural gas projects and the Rio Bravo pipeline earlier…

November 7, 2023
TotalEnergies CEO Says U.S. LNG ‘Important’ to Strategy and European Natural Gas Supply

TotalEnergies CEO Says U.S. LNG ‘Important’ to Strategy and European Natural Gas Supply

TotalEnergies SE is on the hunt for more opportunities for affordable LNG like its recent grabs in the United States as Europe’s energy volatility and rising costs are likely to persist. Despite Europe’s falling oil and natural gas prices during the second quarter, CEO Patrick Pouyanné said “tensions” in the global gas market will mean…

July 27, 2023
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