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(Reuters) – U.S. energy firm Berkshire Hathaway Energy shut its Cove Point liquefied natural gas (LNG) export plant in Maryland for about three weeks of annual autumn maintenance, according to a company notice to customers. The amount of natural gas flowing to the plant, which shut around Sept. 20, fell to near zero from an …
Berkshire Hathaway’s Maryland Cove Point LNG Export Plant Shut for Maintenance Read More »
Chevron does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company’s capital and it can easily sell its U.S. gas, said a top official on Thursday. The head of Chevron’s midstream, Colin Parfitt, also ruled out taking an equity stake in Woodside Energy’s …
Chevron Not Looking to Invest in Building U.S. LNG Plants Read More »
(Reuters) – Construction contractor Kiewit on Thursday said it has settled a lawsuit with LNG developer Venture Global LNG over disclosures to Shell of information on the Calcasieu Pass LNG plant, the president of Kiewit Energy said. Venture Global on August 2 filed for arbitration against Kiewit alleging it passed confidential documents to Shell in a …
Kiewit Settles Dispute With Venture Global LNG Over Construction Disclosures Read More »
The Indian Apartment Behind Russian Efforts to Break US Gas Sanctions A network stretching from Dubai to China is involved in a multi-billion dollar effort to ship gas from Russia’s Arctic LNG facility. The crayon marks on the wall of the sparsely furnished apartment hint at it being a conventional family home. But the single …
Russia’s LNG Shadow Fleet Looks to Circumvent US Energy Sanctions Read More »
Energy Department enacted gas terminal moratorium in January Shale boom transformed US into world’s biggest LNG exporter The oil and gas industry is zeroing in on the Biden administration’s moratorium on new liquefied natural gas export permits as the key policy they want changed under the next US president. Chevron Corp. Chief Executive Officer Mike Wirth called on …
Chevron CEO Attacks Biden LNG Export Pause on Costs, Carbon Read More »
Crown LNG also pursuing import projects in Scotland, India To-be-disclosed location in US would directly supply importers An upstart liquefied natural gas developer that first considered constructing import terminals in Scotland and India is now turning its sights to building out export capacity from the US Gulf Coast, joining a slew of projects vying to supply the world. Norwegian …
Norwegian Developer Eyes New LNG Export Project in US Gulf Read More »
(Reuters) – Trillions of dollars of bank finance to fossil fuel companies is being routed via opaque financial centres in several countries, including the Netherlands, research published on Wednesday showed. The study by Tax Justice Network, which campaigns against tax havens, highlights a lack of transparency in funding for energy companies. The study examined 60 …
Trillions of Dollars of Fossil Fuel Finance Routed via Tax Havens, Study Says Read More »
Sept 11 (Reuters) – Energy facilities along the U.S. Gulf Coast have scaled back operations and evacuated some production sites as Hurricane Francine passed through the region. Fancine strengthened into a hurricane on Tuesday night and is moving toward the Louisiana coast, the U.S. National Hurricane Center said. About 24% of crude production and 26% …
U.S. Gulf Coast Energy Facilities Hit by Hurricane Francine Read More »
Permit ruling was meant to teach regulators a lesson, he says Yanking of Texas permits puts $18.4 billion project at risk Bloomberg News A federal court’s decision to scold a regulatory agency is putting a major Texas liquefied natural gas project — and thousands of associated jobs — at risk, said NextDecade Corp. Chief Executive Officer Matt …
NextDecade LNG Project Paying Price for ‘Wrist Slap,’ CEO Says Read More »
Study finds that when high-polluting firms have easy access to public investor money, emissions go down By Deborah Jaremko Follow CEC on LinkedIn CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Kelly Shue is a professor of finance at the Yale School of Management. Photo courtesy Yale School of Management A finance …
Divesting From Energy Firms Counterproductive, Could Increase Emissions: Yale Professor Read More »
