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ConocoPhillips Acquires Stake in Texas LNG Project from Sempra
2022-07-14 - The Port Arthur LNG agreement with Sempra positions ConocoPhillips as among the largest natural gas producers in the U.S., said CEO Ryan Lance, who added ConocoPhillips is also interested in expanding its LNG presence.
Cheniere Cleared to Return Louisiana Sabine LNG Tank After 2018 Leak
2022-06-10 - Following the shutdown of two LNG tanks after finding a leak in 2018, Cheniere Energy has been allowed to return one of those storage tanks to service at Louisiana's Sabine Pass LNG export plant.
US to Sell Up to 45 Million Barrels of Oil from Historic SPR Release
2022-06-14 - The SPR release was meant to help control oil prices that spiked after Russia invaded Ukraine. However, oil prices have marched higher since the March 31 announcement.
LNG Tanker Charter Rates Hit Record Highs as Demand Soars
2022-06-14 - The fire that knocked out the Freeport LNG gas-processing and export terminal has not affected the increase in spot rates, he said. The plant is out of operation through at least month’s end.
Germany Considering Repurposing Unused Nord Stream 2 Pipeline for LNG Use: Report
2022-06-24 - The German economy ministry is considering expropriating the German portion of the Nord Stream 2 pipeline system, built by Russian gas giant Gazprom, and cutting it off from the rest of the pipeline.