NextDecade Corp. will supply French utility company Engie with LNG from its Rio Grande LNG export facility on a free-on-board basis, pre a 15-year sale and purchase agreement.
The Calgary, Alberta-based company said increasing U.S. LNG exports and a focus on global energy security were creating new opportunities. Around a quarter of U.S. LNG export volumes travel through TC Energy’s gas pipelines.
Marcia Backus currently serves as senior vice president, general counsel and chief compliance officer of Occidental Petroleum, where she oversees more than 60 lawyers in the U.S. and at Oxy's assets around the world.
Fred Hutchinson, CEO of the industry group LNG Allies, welcomed the approvals, though he said it would be a “few years” before the additional volumes hit the market.
Poland and Bulgaria had long sought alternatives to Russian energy, but a disruption to the rest of Europe could have major implications.
Oxy Low Carbon Ventures and Enterprise Products Operating will partner to provide services to carbon emitters from Houston to Port Arthur, Texas, through the development of CO2 transportation and sequestration.
The expansion project will increase the Permian Highway Pipeline’s capacity of natural gas takeaway from the Permian Basin to the Gulf Coast by nearly 650 MMcf/d.
TC Energy and GreenGasUSA are collaborating to develop transportation hubs for natural gas, including renewable natural gas, in an effort to make natural gas and renewable energy sources more economically viable.
Uncertainty hovers over long-term natural gas demand forecasts, particularly in Europe, says Bechtel executive.
The discussions with the Chinese firms include the potential sale of Shell’s stake in the Sakhalin-2 LNG venture, The Telegraph reported, adding that Shell is to be open to potential buyers outside China.