The Latest

ADNOC Buys 11.7% Stake in NextDecade’s Rio Grande LNG Project

The United Arab Emirates’ ADNOC will acquire a 11.7% equity stake in Phase 1 of NextDecade Corp.’s Rio Grande LNG (RGLNG) project from Global Infrastructure Partners (GIP), while also entering an offtake agreement for 1.9 mtpa from the Texas export facility.

Third Suriname Find for Petronas, Exxon Could Support 100,000 bbl/d FPSO

A recent find offshore Suriname in Block 52 by Petronas and Exxon Mobil could support a 100,000 bbl/d FPSO development, according to Wood Mackenzie.

CoolCo, GAIL Enter Long-term LNG Agreement

CoolCo and GAIL’s agreement is intended to secure long-term LNG supply in India’s market, with GAIL having an option to extend the 14-year agreement by another two years.

ConocoPhillips Looks to Scale Portfolio, But Citgo Auction Not a Factor

ConocoPhillips has a long-term ambition to boost its LNG offtake capacity to between 10 mtpa to 15 mtpa as it keeps a short-term eye on the auction of Citgo Petroleum.

Cheniere’s Next Corpus Christi LNG Stage Online by Year-end

Cheniere executives are optimistic the first LNG cargo will depart from Train 1 of its Corpus Christi Stage 3 project by the end of 2024, and that the company will bring all seven trains at the project online before the end of 2026.

NextDecade Raises ‘Going Concern’ Doubts Amid Rio Grande LNG FID

NextDecade, which is developing the Rio Grande LNG project in Brownsville, once again highlighted “going concerns” in its SEC 10-Q filing but says Phase 1 of its project is fully financed and under construction.

Trump Woos Oil CEOs, Promises to Roll Back Biden Rules on EVs, LNG

Republican president candidate Donald Trump courted the CEOs of Venture Global, Cheniere Energy as well as representatives from Chevron, Continental Resources, Exxon and Occidental Petroleum, the Washington Post reported.

Pitts: US, Qatar Face off in LNG ‘Olympics’

In the LNG exporting space, the U.S. is squaring off with its fiercest competitor, Qatar, with both countries expected to outpace Australia

Targa Expects Another Major Permian Pipeline Project This Year

Targa Resources says different projects are falling in place for gas capacity expansion

Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production

Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.