Friday, December 20, 2024
Cheniere and Foran Energy Group sign long-term LNG sale and purchase agreement-oil and gas 360

Cheniere and Foran Energy Group sign long-term LNG sale and purchase agreement

Oil and Gas 360 20-Year SPA is First Contract Expected to Support Second Train of Sabine Pass Expansion Project HOUSTON–(BUSINESS WIRE)– Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that Cheniere’s subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Foran Energy Group Co.

API: Inflation Reduction Act falls short of addressing long-term energy needs- oil and gas 360

API: Inflation Reduction Act falls short of addressing long-term energy needs

World Oil American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement today on House passage of the Inflation Reduction Act: “While the Inflation Reduction Act takes important steps toward new oil and gas leasing and investments in carbon capture and storage, it falls well short of addressing America’s long-term energy needs and further discourages needed investment

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

From Reuters Canadian Natural Resources Ltd, the country’s biggest oil producer, has joined a number of other firms asking Canada’s energy regulator to intervene in Enbridge Inc’s plan to overhaul shipping contracts on its Mainline pipeline network. Canadian Natural’s letter to the National Energy Board (NEB), filed late on Monday, calls on the regulator to delay Enbridge’s proposal to switch

Cactus II Pipeline Primed with Contracts

Plains All American Pipeline, L.P. (ticker: PAA) has completed the open season for its Cactus II pipeline, securing long-term third-party shipper contracts totaling 525 MBOPD. The pipeline has an initial capacity of 585 MBOPD and stretches from the Permian Basin to the Corpus Christi/Ingleside area. Cactus II Pipeline Source: Plains All American Pipeline Carrying capacity Out of the 525 MBOPD