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Bechtel Signs $15.2 Billion EPC Deal for Driftwood LNG Export Facility, Louisiana
November 16, 2017
Bechtel has signed four engineering, procurement and construction (EPC) agreements, worth $15.2bn, with Tellurian for 27.6 million tons per annum (mtpa) capacity Driftwood LNG export facility in the US. Planned to be built in four phases near Lake Charles, Louisiana,
U.S. Oil Infrastructure Needs to Expand to Handle Explosive Growth of American Crude Exports
November 15, 2017
U.S. oil infrastructure needs to expand in the next several years to handle the explosive growth of American crude exports, or put pressure on the price of domestic oil, Reuters reports. While U.S. capacity to export crude oil is unknown,
U.S. and China Sign Agreement to Advance $45 Billion LNG Project in Alaska
November 15, 2017
The US and China have come up with a joint development agreement to advance the $45bn liquefied natural gas (LNG) export project in Alaska, which is considered to be a strategic gas infrastructure project for the American state. In this
Shell Begins Main Construction Phase of Petrochemicals Complex in Potter Township, Pa.
November 15, 2017
Royal Dutch Shell’s subsidiary Shell Chemical Appalachia has started the main construction phase of its new petrochemicals complex in Potter Township in the US state of Pennsylvania. The petrochemicals complex is expected to have an annual production of 1.6 million
China Energy to Invest $83.7 Billion in Shale Gas and Chemical Projects, West Virginia
November 15, 2017
China Energy Investment has signed a memorandum of understanding (MOU) with the state of West Virginia to invest $83.7bn in shale gas, power and chemical projects in the US state. The MoU is part of the US-China Business Exchange trade
Canadian Association of Petroleum Producers: Methane Action Plan Can Cut Emissions by 45 Percent
November 10, 2017
The Government of Alberta has committed to reduce methane emissions by 45 percent. Industry has a competitive plan to achieve this commitment in the most efficient way that will protect 7,000 jobs and balance environmental and economic priorities, according to
Freestone Resources and Dynamis Energy Sign Merger Agreement
November 9, 2017
Freestone Resources and Dynamis Energy have signed a merger agreement under which Freestone and Dynamis will combine their businesses in an all-stock deal. Upon completion of the transaction, Dynamis shareholders are expected to own 75 percent of the new combined
Chevron Moves Forward with Kaybob Duvernay Shale Development Program in Alberta, Canada
November 9, 2017
Chevron Canada, a unit of US-based Chevron, has announced its decision to move ahead with the development its leaseholdings in the Kaybob Duvernay area of west-central Alberta. The initial development program, which follows completion of three-year appraisal program by Chevron,
U.S. Court Orders Stay on Williams Partners’ Atlantic Sunrise Pipeline Project, Pa.
November 9, 2017
Construction work on Williams Partners’ $3bn Atlantic Sunrise natural gas pipeline expansion project in Pennsylvania has come to a temporary halt in Lancaster County following an order from a federal appeals court. The US Court of Appeals for the District
Total to Acquire Engie’s Upstream and Midstream LNG Assets for $1.5 Billion
November 9, 2017
Oil giant Total has signed an agreement to acquire French utility Engie’s upstream and midstream LNG assets in the US, for $1.49bn. Under the terms of the deal, Total will acquire 16.6 percent stake in the Cameron LNG liquefaction plant
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