LNG

Cheniere Energy: Carl Icahn takes 8.2% stake Texas LNG exporter

Icahn signals he wants changes in management of Cheniere Energy Billionaire investor Carl Icahn is taking an 8.2-per cent stake in liquid natural gas company Cheniere Energy Inc., sending its shares higher in aftermarket trading. Icahn disclosed ownership of 19.4 million shares of Cheniere, which owns a liquid natural gas terminal and pipeline in Louisiana. Icahn’s funds say they want to

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Marcellus natural gas access key to new Nova Scotia LNG exports

Proposed Canadian East Coast LNG projects may exhaust regional gas supplies, Marcellus imports could be key to Heritage Gas project Three new East Coast LNG export proposals have Nova Scotia’s Heritage Gas worrying about natural gas supplies for residential and business customers, but the Maritimes and Northeast Pipeline says it is tapping into the American Marcellus

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Bi-partisan Energy Policy Modernization Act launched in Senate

Murkowski, Cantwell say Energy Policy Modernization Act updates policy, eco-activists criticize for lack of renewable energy focus The Energy Policy Modernization Act of 2015 shows Republicans and Democrats can find some common ground on energy issues, such as modernizing the electric grid, but disagree on many other critical areas. Republican Senator Lisa Murkowski, Alaska, and Democrat Senator Maria

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$36 billion LNG plant waiting on BC legislation, tax and labor concerns

LNG plant construction would largest capital investment in provincial history The British Columbia Liberal government’s LNG dream is expected to move towards reality this week when a bill is adopted for a 25-year agreement on what could be B.C.’s first LNG plant. A liquefied natural gas industry: the British Columbia government fought an election on it,

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Elba Liquefaction Company: Kinder Morgan buys 100% interest, invests $630M

Shell sells 49% interest, subscribes to 100% of liquefaction capacity of Elba Liquefaction Company Kinder Morgan is buying the remaining 49 per cent interest in the Elba Liquefaction Company LNG plant and investing another $630 million in the facility as it awaits approval to export to non-free trade countries. Kinder Morgan, Inc. (KMI) and Shell (NYSE: RDS.A, RDS.B)

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Cheniere Energy ups export capacity with Sabine Pass LNG approval

DofE approves exports, Cheniere obtains new credit to finish Sabine Pass construction Houston-based Cheniere Energy and its Sabine Pass LNG facility now have a new export permit and $5.8 billion of new credit to forge ahead with the project. The Energy Department gave the go ahead Friday for Sabine Pass Liquefaction, LLC’s Expansion Project  to export LNG to countries that

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Pacific NorthWest LNG: Conditional approval for $36 billion BC project

Pacific NorthWest LNG still must secure First Nation buy in, says BC minister A Malaysia-led consortium has made its final investment decision to go ahead with the huge Pacific NorthWest LNG, subject to two conditions, it announced Thursday. Pacific NorthWest LNG has become the first in British Columbia to announce conditional approval of a liquefied natural gas

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Port Arthur, Texas may be site of new LNG export facility

Port Arthur plant would include two natural gas liquefaction trains, LNG storage tanks, and marine facilities A new LNG export facility is under consideration by industry veterans Woodside Energy (USA) Inc. and Sempra Energy (NYSE: SRE), to be located in Port Arthur, Texas. The companies announced last week that they have entered into a non-binding memorandum of understanding to “commence preliminary

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Natural gas for transportation picking up steam in Texas

Texas natural gas motor fuel tax revenues nearly doubled over past year Natural gas for transportation in Texas is quickly becoming “mainstream” according to State tax revenues, says Railroad Commissioner David Porter. Porter made the announcement Thursday during his Fort Worth Texas Natural Gas Workshop, hosted by the TCU Energy Institute. Porter reported tax revenue

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