Wednesday, December 4, 2024
America's liquefied natural gas boom has a climate change problem, according to a report released on Monday. Oil & Gas 360

Vitol-Cheniere Pact Shows Long-Term LNG Deals Aren’t Dead

From Bloomberg Developers of multibillion-dollar liquefied natural gas export terminals from the U.S. to Australia can breathe a sigh of relief: A supply boom hasn’t killed the long-term contracts that underpin the projects. Cheniere Energy Inc., America’s first and biggest shipper of shale gas, struck a 15-year agreement to sell the fuel to commodities trader Vitol Group, according to a statement Monday. The pact

Private Equity Is Increasing Bets On Risky Permian Pipelines

From Bloomberg To get a toehold in the prolific Permian Basin, private equity is increasingly betting on a relatively obscure, and potentially risky, part of the pipeline industry. Operations in the Permian that gather oil and gas, and process fuel into propane and other liquids, have drawn almost $14 billion in investment since the start of 2017, with $9.2 billion