Cheniere ships First LNG from Corpus Christi plant Cheniere Energy, Inc. (stock ticker: LNG) exported the first liquefied natural gas commissioning cargo from its Corpus Christi, Texas liquefaction facility this week. The export is the first from a greenfield liquefaction facility in the lower 48 states. Jack Fusco, Cheniere’s president and CEO pointed out that his company delivered the project
From Caller Times Local opposition is continuing to grow against a proposed offshore terminal that could be located near the Padre Island National Seashore, with several governmental entities asking Gov. Greg Abbott to put a stop to it. One week after Nueces County commissioners sent a letter to the Texas General Land Office and Abbott expressing “deep concerns” about the terminal
Infrastructure build and industrial boom spark tensions, concerns with Texas coastline residents From The Texas Tribune PORT ARANSAS — Texas, home to the most prolific oilfield in the country, is at the epicenter of the frenzy. More than 80 plants, terminals and other projects are in the works or planned up and down the state’s Gulf Coast, from Port Arthur to
Yesterday Cheniere Energy, Inc. (stock ticker: LNG), in partnership with privately-held Bechtel, produced the first LNG from the Corpus Christi Liquefaction project (CCL Project) in Texas. According to a 3Q 2018 presentation by Cheniere, the CCL Project is the first greenfield LNG export facility in the U.S. Lower-48. There are three trains, with 13.5 mtpa total capacity. Train 1 has
Largest U.S. crude and condensate exporter in 2017 is behind the project From Offshore Technology Multinational commodities trader Trafigura has applied for permission to build a deepwater oil port in Texas, US, capable of accommodating supertankers, in order to increase US oil export infrastructure. There are currently no inland ports in the U.S. that can fully load very large crude
Cheniere Energy, Inc. (ticker: LNG) made a positive final investment decision, clearing the way for its Train 3 project at Corpus Christi to reach the goal line. Cheniere said it plans to issue a full notice for Bechtel Oil, Gas and Chemicals, Inc. to continue construction. The construction began in late 2017 under limited notice to proceed, but with the
Expanded pipeline could grow to one million barrels per day of oil takeaway Andeavor (ticker: ANDV), formerly known as Tesoro, will be partnering up with Phillips 66 Partners (ticker: PSXCP) and Buckeye Partners, L.P. (ticker: BPL) in two projects that will help transport Permian Basin oil to market. The first joint venture project, Gray Oak Pipeline, LLC, is owned by
From Dredging Today Project is needed to continue export takeaway growth for U.S. energy The Port of Corpus Christi’s Ship Channel Improvement Project (CIP) received additional support from bipartisan members of the Texas Congressional Delegation in a recent letter sent to the U.S. Army Corps of Engineers, urging that more funds be designated to it this year. As noted in the letter,
Big step forward for US crude exports: Buckeye adds 1 MMBO incremental monthly export capacity from its Corpus Christi terminal This morning Buckeye Partners, L.P. (ticker: BPL) and Trafigura Trading LLC, a wholly-owned subsidiary of Trafigura Group Pte Ltd, announced the first shipment of crude oil by Suezmax tanker from the Buckeye Texas Hub terminal located along the ship channel
Steel, aluminum tariffs take effect March 23 When Shell (ticker: RDS.A) released its 2018 LNG Outlook in late February, the global oil and gas major said that surging global LNG demand could lead to possible shortages in the Mid-2020s. Shell said based on current demand projections, it sees a potential for a supply shortage developing in mid-2020s, unless new LNG production
Exports are particularly important to economic growth because they pump new money into regional, state and national economies, instead of just recirculating it through retail and other service industries From the Houston Chronicle CORPUS CHRISTI – Along the waterways of this South Texas city, tall cranes lean over half-built oil storage tanks, construction crews work to complete export terminals and
Cove Point ships out its first LNG cargo, making Dominion officially the second U.S. LNG exporter leading the new wave of U.S. natural gas global takeaway opportunities – 2 years after Cheniere started the charge On March 1, 2018, Dominion Energy’s (ticker: D) Cove Point LNG export facility in Lusby, Maryland, secured two places in the record books. On Thursday
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