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  1. LNG Processing: Canadian government approves natural gas project

        TORONTO (AP) — Canadian Prime Minister Justin Trudeau approved Tuesday a $27 billion liquefied natural gas project on British Columbia's northwest coast in a decision that's considered a litmus test for a government that has vowed to do more for the environment. It is Trudeau's first decision on a major energy project. It comes ahead of some important pipeline decisions that will cause him problems from either industry or environmentalists and aboriginals. "Helping to get Canada's resources to market is a key responsibility," Natural Resources Minister Jim Carr said, announcing the decision alongside two other cabinet ministers in Richmond, British Columbia. "At the same time we said that economic prosperity must go hand in hand with environmental responsibility." The proposed liquefied natural gas processing plant by Petronas and other partners near Prince Rupert, British Columbia, would ship 19 million tons a year of frozen, liquefied natural gas to markets in Asia. But the project has drawn criticism both for the carbon emissions it would cause and for the possible impact that the export terminal would have on the wild salmon habitat in the Skeena River estuary. Trudeau still faces decisions on Enbridge's controversial Northern Gateway pipeline proposal that would bring oil to the Pacific Coast for shipment to Asia as well as Kinder Morgan's TransMountain pipeline expansion from Alberta to British Columbia. The government put in 190 conditions on the massive Pacific NorthWest LNG project, including environmental and fish protection. The conditional approval doesn't mean the massive project will be built. An increasing supply of natural gas has depressed international prices for LNG, making the economics of the project less certain than they were when it was first announced in 2013. A spokesman for Pacific NorthWest LNG said Monday that any decision to begin construction would still have to go to the company's shareholders if the Canadian government approved the plan. "It sure would be a great boost for the country if we can get these projects going," British Columbia Premier Christy Clark said. "I don't know when the market conditions might improve enough for these projects to go ahead but I do know that in China, India and Japan people are really hungry for a cleaner alternative to coal." The project has drawn criticism both for the carbon emissions it would cause and for the possible impact that the export terminal would have on the wild salmon habitat in the Skeena River estuary.  

    Online Articles

    Online Articles

    Wed, 28 Sep 2016

  2. Reconfigured LNG markets are creating major uncertainties, book says

    Global LNG markets, which have changed dramatically over the last few years, have created uncertainties that producers and customers will have to address, contend authors of a recent report.

    Online Articles

    Online Articles

    Thu, 29 Sep 2016

  3. Canada approves Pacific NorthWest LNG project

    With 190 conditions, Canada gave its approval to the Pacific NorthWest LNG project in western British Columbia.

    Online Articles

    Online Articles

    Thu, 29 Sep 2016

  4. Latest DW report sees bright spots amidst oversupply

    Douglas-Westwood's latest World Drilling and Production Market Forecast sees oversupply increasing again in 2017.  

    Online Articles

    Online Articles

    Wed, 28 Sep 2016

  1. GE in digital deal for TEPCO thermal plants

    Online Articles

    Online Articles

    Thu, 29 Sep 2016

  2. Portugal ready to take bigger LNG transportation role, official says

    Europe could reduce its dependence on Russian natural gas by as much as 30% if it used more of Portugal and Spain’s LNG import capacity, a Portuguese government official told a Washington audience.

    Online Articles

    Online Articles

    Thu, 15 Sep 2016

  3. LNG to be marginal source of global supply, BP executive says

    BP PLC’s Global Chief Economist Spencer Dale has forecast that the US Henry Hub will be the benchmark for global LNG prices into the future. He said US LNG will be the marginal source of global supply and therefore LNG prices are likely to be determined by prices at Henry Hub.

    Online Articles

    Online Articles

    Fri, 16 Sep 2016

  4. Cheniere Energy Partners LP Holdings receives buyout offer from Cheniere Energy

    Cheniere Energy Partners LP Holdings LLC has received a proposal from Cheniere Energy Inc. pursuant to which Cheniere would acquire the publicly held shares of Cheniere Partners Holdings not already owned by Cheniere in a stock for stock exchange.

    Online Articles

    Online Articles

    Fri, 30 Sep 2016

  5. Rio Grande LNG gets FTA export authorization

    NextDecade LLC has received US Department of Energy authorization to export LNG from its proposed Rio Grande LNG liquefaction plant in Brownsville, Tex., to Free-Trade Agreement countries. DOE authorized export of 27 million tonnes/year of LNG —equivalent to about 3.6 bcfd of natural gas—for a ...

    Online Articles

    Online Articles

    Fri, 9 Sep 2016

  6. Tangguh LNG partners let contract for third train

    The BP PLC-led Tangguh partnership has let a contract to GE Oil & Gas to provide equipment for Train 3 of the $12-billion Tangguh LNG expansion project in Teluk Bintuni Regency of Indonesia’s Papua Barat province.

    Online Articles

    Online Articles

    Wed, 14 Sep 2016

  7. GE Oil & Gas awarded contract by BP for third LNG train in Tangguh expansion

    GE Oil & Gas has been awarded a contract to supply gas turbine-driven compressors for a third LNG train for the Tangguh expansion having provided the original equipment for Trains 1 and 2 when the plant was first established.

    Online Articles

    Online Articles

    Wed, 14 Sep 2016

  8. Maine's final LNG proposal tossed by federal regulators

    The final proposal for a liquefied natural gas terminal in Down East Maine has quietly faded away.

    Online Articles

    Online Articles

    Mon, 12 Sep 2016

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