rio grande

NextDecade Gaining Momentum for Rio Grande LNG in Rebound from Financial Issues

NextDecade Gaining Momentum for Rio Grande LNG in Rebound from Financial Issues

NextDecade Corp., which was facing concerns about its financial strength at the beginning of the year, has received a $30 million injection and taken major steps in the last few weeks toward sanctioning a liquefied natural gas (LNG) export project in South Texas. The Houston-based LNG developer in March said in its annual report it…

April 8, 2022
NextDecade Signs Second Agreement for Rio Grande LNG as it Eyes Future FID

NextDecade Signs Second Agreement for Rio Grande LNG as it Eyes Future FID

NextDecade Corp. has landed a second customer for its proposed Rio Grande liquefied natural gas (LNG) project in South Texas, announcing a long-term deal with a major Chinese utility as it heads closer to a possible final investment decision (FID) later in the year.  The Houston-based company disclosed Thursday it has entered a heads of…

March 25, 2022
NextDecade Now Targeting Rio Grande LNG FID Later This Year

NextDecade Now Targeting Rio Grande LNG FID Later This Year

NextDecade Corp. has again pushed back a final investment decision for its Rio Grande liquefied natural gas (LNG) export project in Brownsville, TX.  The company is now targeting the second half of 2022 for an FID on 11 million metric tons/year (mmty), or two liquefaction trains, according to an updated investor presentation released on Monday.…

January 4, 2022
NextDecade Seeks FERC Approval for CCS at Rio Grande LNG

NextDecade Seeks FERC Approval for CCS at Rio Grande LNG

NextDecade Corp. has filed an application with FERC to include carbon capture and sequestration (CCS) systems at its proposed Rio Grande liquefied natural gas (RGLNG) export project in Brownsville, TX.  The company is seeking to modify the Federal Energy Regulatory Commission’s 2019 authorization to site, construct and operate the terminal. It has requested a “limited…

November 22, 2021
Oxy, NextDecade Ink CCS Deal for South Texas Rio Grande LNG Project

Oxy, NextDecade Ink CCS Deal for South Texas Rio Grande LNG Project

U.S. liquefied natural gas (LNG) player NextDecade Corp. is one step closer to sanctioning a carbon capture and sequestration (CCS) project associated with its planned LNG facility in South Texas after signing an initial agreement with Houston-based independent Occidental Petroleum Corp. (Oxy). Houston-based NextDecade said Thursday it had inked a term sheet with Oxy Low…

March 26, 2021
NextDecade Launches CCS Business for Rio Grande LNG

NextDecade Launches CCS Business for Rio Grande LNG

U.S. liquefied natural gas (LNG) developer NextDecade Corp. has launched a subsidiary focused on carbon capture and storage (CCS) as it aims to lower the greenhouse gas (GHG) footprint of its proposed export project in South Texas. The subsidiary, NEXT Carbon Solutions LLC, will develop what NextDecade says is one of the largest CCS projects…

March 18, 2021
Fifth Circuit Finds Pipeline to Feed Rio Grande LNG Minor Threat to Wild Cats in South Texas

Fifth Circuit Finds Pipeline to Feed Rio Grande LNG Minor Threat to Wild Cats in South Texas

A federal appeals court ruled Wednesday that the U.S. Fish and Wildlife Service (USFWS) did not violate the Endangered Species Act (ESA) in determining that a pipeline that would feed the Rio Grande liquefied natural gas (LNG) project will not significantly harm wild cats in South Texas. USFWS issued a biological opinion (BO) and incidental…

March 11, 2021
NextDecade Set to Sanction ‘Minimum of Two Trains’ This Year Despite MOU Expiration

NextDecade Set to Sanction ‘Minimum of Two Trains’ This Year Despite MOU Expiration

NextDecade Corp. has stopped all development activities for a liquefied natural gas (LNG) import terminal in Ireland, but the Houston-based developer still plans to reach a final investment decision (FID) this year on “a minimum of two trains” at the proposed export terminal in South Texas. A memorandum of understanding (MOU) reached in 2017 between…

January 20, 2021
France’s Engie Scraps Proposed Rio Grande LNG Deal Amid Environmental Concerns

France’s Engie Scraps Proposed Rio Grande LNG Deal Amid Environmental Concerns

French energy company Engie SA has decided to end negotiations to buy liquefied natural gas (LNG) from the proposed Rio Grande LNG facility in Texas because of French government concerns over hydraulic fracturing (fracking). Bloomberg reported Tuesday that a spokeswoman at Houston-based NextDecade Corp., which owns the Rio Grande LNG project, said Engie decided to…

November 3, 2020
NextDecade to Slash Emissions at Proposed LNG Export Project in Texas

NextDecade to Slash Emissions at Proposed LNG Export Project in Texas

NextDecade Corp. will use carbon capture and storage (CCS) technology to reduce expected carbon dioxide equivalent emissions by about 90% at its proposed Rio Grande liquefied natural gas (LNG) export project in Brownsville, TX. Management said Tuesday that the Houston-based company additionally is exploring options to address what would be the remaining emissions, as potential…

October 7, 2020
‹ Previous 1 2