Apollo Buys Out New Fortress Energy’s 20% Stake in LNG Firm Energos

New Fortress Energy will sell its 20% stake in Energos Infrastructure, created by the company and Apollo, but maintain charters with LNG vessels.

EQT Ups Stake in Appalachia Gas Gathering Assets for $205MM

EQT Corp. inked upstream and midstream M&A in the fourth quarter—and the Appalachia gas giant is looking to ink more deals this year.

ConocoPhillips CEO Ryan Lance Calls LNG Pause ‘Shortsighted’

ConocoPhillips chairman and CEO Ryan Lance called U.S. President Joe Biden’s recent decision to pause new applications for the export of American LNG “shortsighted in the short-term.”

Chesapeake Enters into Long-term LNG Offtake Agreement

Chesapeake Energy entered into a long-term liquefaction offtake sale and purchase agreement with Delfin LNG and Gunvor Group for a 20-year period.

Tinker Associates CEO on Why US Won’t Lead on Oil, Gas

The U.S. will not lead crude oil and natural gas production as the shale curve flattens, Tinker Energy Associates CEO Scott Tinker told Hart Energy on the sidelines of NAPE in Houston.

The Problem with the Pause: US LNG Trade Gets Political

Industry leaders worry that the DOE’s suspension of approvals for LNG projects will  persuade global customers to seek other suppliers, wreaking havoc on energy security.

ARC Resources Adds Ex-Chevron Gas Chief to Board, Tallies Divestments

Montney Shale producer ARC Resources aims to sign up to 25% of its 1.38 Bcf/d of gas output to long-term LNG contracts for higher-priced sales overseas.

$17B Chesapeake, Southwestern Merger Leaves Midstream Hanging

East Daley Analytics expects the $17 billion Chesapeake and Southwestern merger to shift the risk and reward outlook for several midstream services providers. 

Vietnam Seeks Delicate Balance Among US, China, Russia

Ongoing U.S. tensions with China and Russia offer Vietnam an opportunity to boost economic ties with the former if American investors can steer past geopolitical smokescreens and destine funds for infrastructure, power and LNG projects all somewhat tied to Vietnam’s manufacturing sector.

EIG’s MidOcean Energy Acquires 20% interest in Peru LNG

On top of acquiring a 20% interest in Peru LNG, MidOcean Energy is also in the process of acquiring interests in four Australian LNG projects.