Analysis: Oil Majors Turning to Natural Gas Projects Over Oil
Posted on Jul 2, 2010 in Markets and Competition | Comments Off on Analysis: Oil Majors Turning to Natural Gas Projects Over Oil
The Economist carries an analysis of the global natural gas and oil markets and suggests that, as natural gas projects offer relatively stable returns and are less expensive than oil projects to develop, oil majors will continue adding natural gas projects to their business...
Jamaican Energy Ministry Says LNG Supply Will Be Secure
Posted on Jul 1, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Jamaican Energy Ministry Says LNG Supply Will Be Secure
Speaking yesterday to the Jamaica Observer, Jamaican Energy Ministry officials said that, based on current global energy market conditions, they expect LNG supply to Jamaica to be stable and secure in the coming...
Hess LNG Says Rhode Island Law Will Not Affect Weaver’s Cove Terminal
Posted on Jul 1, 2010 in Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Hess LNG Says Rhode Island Law Will Not Affect Weaver’s Cove Terminal
Hess LNG CEO Gordon Shearer told Platts LNG Daily [subscription required] that he does not expect a Rhode Island law requiring at least thirty feet of clearance between the bottom of a bridge and a marine vessel carrying certain kinds of cargo to affect the planned Weaver’s Cove LNG project. Shearer declined to say whether his company planned to challenge the law in court....
ConocoPhillips, Marathon, Dow Submit LNG Export Applications to DOE
Posted on Jul 1, 2010 in Federal Regulation, Liquefaction, Markets and Competition | Comments Off on ConocoPhillips, Marathon, Dow Submit LNG Export Applications to DOE
ConocoPhillips and Marathon submitted an application to the U.S. Department of Energy’s Office of Fossil Energy earlier this month requesting an extension to March 2013 of their blanket authorization to export LNG from the Kenai liquefaction facility in Alaska. Separately, Dow Chemical also submitted an application requesting blanket authorization to export LNG from the Freeport...
Weaver’s Cove LNG to Present to Fall River Officials Tonight
Posted on Jun 30, 2010 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Weaver’s Cove LNG to Present to Fall River Officials Tonight
Officials from Weaver’s Cove LNG will present information on the project to a meeting of the Fall River, Mass., Board of Selectmen tonight. Read more in the Herald News.