LNG

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Energy Transfer Requests More Time to Build Lake Charles LNG Plant

(Reuters) – Energy Transfer, the pipeline company developing a liquefied natural gas (LNG) export facility in Louisiana, is asking federal regulators to extend the deadline by three years for construction of its plant. Energy Transfer’s Lake Charles project is expected to benefit from President Donald Trump’s attempt to unleash American energy by supporting oil, gas …

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NextDecade Strikes LNG Supply Deal with TotalEnergies for 1.5 Million Tonnes Annually

U.S. liquefied natural gas (LNG) producer NextDecade said on Monday it has signed a 20-year deal to supply France’s TotalEnergies with 1.5 million tonnes per annum (MTPA) from its Rio Grande facility’s planned fourth liquefaction facility, or train. NextDecade has so far contracted a total of 4.6 MTPA of LNG from Train 4 on a …

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NextDecade Announces 1.5 MTPA LNG Sale and Purchase Agreement with TotalEnergies from Rio Grande LNG Train 4

Sufficient commercial agreements in place to support a positive Final Investment Decision on Train 4 HOUSTON–(BUSINESS WIRE)–NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that TotalEnergies (Total) (NYSE: TTE) has exercised its LNG purchase option with respect to Train 4 at the Rio Grande LNG Facility, and subsidiaries of both companies have executed a long-term …

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DOVGAL: British Columbia’s LNG is Set to Sail

BC is set to launch LNG exports within weeks, marking a major push to diversify Canada’s energy markets amid growing US trade uncertainty By Margareta Dovgal LNG Canada’s $40-billion plant is but weeks away from shipping its first export cargo. The destination has not been named, but the plant near Kitimat is in final testing …

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US Oil Rig Count Falls by Most in a Week Since June 2023, Baker Hughes Says

By Scott Disavino April 11 (Reuters) – U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and …

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Ten Trading Days That Shook Financial Markets

The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of Palo Alto, California, but in his appendix. It would have to come out, just as his colleagues at Matthews Asia were on a phone call to chart the $7 billion asset manager’s path through …

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US Will No Longer Require Green Analyses on Western States’ Oil, Gas Leases

(Reuters) – The Trump administration said on Thursday that it will no longer require environmental impact statements for oil and gas leases across the U.S. West, in a step toward lifting green hurdles to drilling that environmental groups will likely challenge in court. The Interior Department said in a release that it will no longer …

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New LNG Plant to Boost Venture Global Profits as Calcasieu Serves Long-Term Customers

(Reuters) – Venture Global Inc is about to start selling liquefied natural gas cargoes from a Louisiana export terminal to long-term customers rather than to the highest global bidder, but it plans to employ the controversial but lucrative practice at a new and bigger terminal that it is starting up. On April 15, Venture Global …

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Taiwan Aims to Triple US Share of LNG to Avoid Tariffs

Taiwan is planning a surge in US purchases over the next decade that would triple the share of American liquefied natural gas in the island’s mix. State-operated entities could buy goods worth $200 billion from the US over the next 10 years, Minister of Economic Affairs Kuo Jyh-Huei said Thursday, according to a report from Taipei-based …

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