Joseph
Markman
Hart Energy
Technip Energies JV Named Lead Project Contractor of Texas LNG Project
Through a joint venture, Technip Energies and Samsung Engineering won a pre-FID engineering contract for a Brownsville, Texas-based LNG project, with Technip Energies as the lead contractor for project design and delivery.
Venture Global to Build $13.2 Billion Plaquemines LNG Plant in Louisiana
Plaquemines is the first U.S. LNG project to reach financial close since Venture Global’s Calcasieu Pass in August 2019. Calcasieu delivered its first LNG earlier this year.
Crestwood Cores Up Delaware Basin Position Funded by Barnett Exit
Crestwood agreed on May 25 to acquire Sendero Midstream Partners in the Delaware Basin, “prudently financed” with cash proceeds from the sale of Crestwood’s legacy Barnett Shale position to EnLink Midstream.
Cheniere Signs LNG Supply Deal with South Korea's Largest Steelmaker POSCO
Under a new sale and purchase agreement, POSCO International will purchase 400,000 tonnes per annum of LNG from Cheniere Energy, subject to Cheniere making a positive final investment decision on the construction of its Corpus Christi Stage III Project.
Norwegian Software Venture Targets Rising Cyberattack Risks
Industrial facilities, control systems, oil pipelines, supply chains, power grids and healthcare are key targets, Brekke and the CEOs of Aker ASA and Cognite told the Reuters Global Markets Forum in Davos this week.
Sempra Strikes LNG Supply Deal with Germany's Largest Power Producer
Sempra Energy, the latest U.S. LNG company to assist Europe in its energy crisis, will sell 2.25 million tonnes per annum of LNG to German producer RWE AG as it decreases its dependency on Russian energy.
Permian Basin Natural Gas Pipeline Matterhorn Express Reaches FID
“Matterhorn will provide premium market access with superior flexibility for Permian Basin shippers while playing a critical role in minimizing flared volumes,” WhiteWater CEO Christer Rundlof said in a release.
Blackstone Unit Acquires 49% Stake in US LNG Facility from EIG
U.S. pipeline operator Kinder Morgan will continue holding the remaining 51% of Elba Liquefaction Co. following the sale of a 49% stake in the LNG facility in Georgia to Blackstone Inc.’s credit investment unit.
Poland Ends Deal to Receive Russian Gas after Rouble Dispute
“Russia’s aggression against Ukraine has confirmed the accuracy of the Polish government’s determination to become completely independent from Russian gas,” Polish Climate Minister Anna Moskwa said.
Midstream Performance Indexes Notch Growth for Third Quarter in a Row
More than 80% of companies on VettaFi’s lists raised their payouts on a year-over-year basis.