LNG

Bankruptcy judge approves settlement with contractor Zachry Other companies will finish Zachry’s work on Golden Pass plant A bankruptcy judge this past week approved a settlement between the joint venture building Exxon Mobil Corp.’s $10 billion gas export project in Texas and lead contractor Zachry Holdings Inc., allowing other companies to finish work on the plant. …

Ruling Paves Way to Restart Work on Exxon’s Texas LNG Plant Read More »

Freeport LNG, the US’s second-largest export facility, is targeting the restart of all production lines in early August, according to people with direct knowledge of the matter. The Texas plant reduced production before Hurricane Beryl made a landfall earlier this month and caused wide-spread power outages. Loadings from the liquefied natural gas terminal outside of Houston were …

Freeport LNG Hub to Restart Three Production Trains in Early August Read More »

Woodside’s acquisition of Tellurian highlights the appeal of exporting American natural gas. Australia’s Woodside Energy Group Ltd. made a bold leap into US liquefied natural gas with its agreement to acquire Tellurian Inc. for $900 million in cash. Tellurian owns Driftwood, a proposed multibillion-dollar LNG export terminal in Louisiana. The takeover could make Woodside the second foreign …

Why U.S. LNG Is Attracting Foreign Investment Read More »

(Reuters) U.S. liquefied natural gas (LNG) company Freeport LNG’s export plant in Texas was on track to return to service on Thursday after shutting on Wednesday, according to data from financial firm LSEG and a company filing with Texas environmental regulators. Freeport is one of the most-watched U.S. LNG export plants in the world because …

Freeport LNG in Texas Seen Back on Thursday After Shutting on Wednesday Read More »

This agreement follows two Heads of Agreement signed by Texas LNG and EQT earlier this year. Tolling agreements are fee-for-service deals in which the gas provider pays the company to convert gas to LNG, which it then sells to its customers. “Glenfarne’s partnership with EQT will bring low-emission natural gas to transitioning and emerging markets, …

Texas LNG Executes 20-Year Binding Tolling Agreement With EQT Read More »