LNG
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New sibling facility to Calcasieu Pass will boast nameplate liquefication capacity of 20 mtpa of LNG.
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Contractor will engineer and construct the 2.1 mtpa plant in British Columbia to be fully powered by hydroelectric technology.
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Woodside and BHP make final investment decision on $12 billion offshore development and additional LNG train in Australia. The approval on Monday came at the same time the operators signed an agreement to merge BHP’s petroleum unit into Woodside, originally announced in August.
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Pavilion Energy, QatarEnergy, and Chevron have revealed their new methodology with the hopes of increasing transparency and helping the industry move toward a lower-carbon future.
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JERA Americas will receive just over a quarter stake in the LNG exporter for $2.5 billion.
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A new deal between China and Venture Global is the latest in a string of US LNG commitments to Asia.
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Gas production from the new field will be used to backfill the joint venture’s LNG plant at Caution Bay.
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The price of natural gas has more than doubled this year in many parts of the world. The ripple effects are starting to be felt, but how wide they will spread may not be known until winter comes.
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Environmental permit will allow work on the $12-billion project to begin on site.
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The megadeal will make Woodside a Top 10 independent global oil and gas producer with annual volumes of approximately 200 million BOE.