Hints and tips:
...In the US, Myles McCormick probes the link between President Joe Biden’s decision to freeze approvals for new LNG export terminals and the cost of household energy....
...The cases come amid an increasingly bitter conflict between the industry and the Biden administration over the latter’s recent pause on approvals for new terminals for liquefied natural gas exports, as it...
...Sixteen red states including Texas, Louisiana and Florida also last month sued the federal government over its decision to freeze approvals for new export terminals for liquefied natural gas along the US...
...Two other projects that developers had hoped would reach FID by the end of March — Energy Transfer’s Lake Charles conversion and Next Decade’s Rio Grande terminal — have been delayed to later in the year...
...While some routes are easier to plan, others require investment in new track and loading terminals....
...But the terminal policy rate is now harder to predict. All else equal this is probably bad news for stock valuations....
...Just wow,” tweeted Yaniv Erlich, an Israeli professor of computer science at Columbia University....
...In the current moment, there is some good news for emerging market countries, from Russia to Nigeria, who export energy....
...Yet existing ports on the US west coast can only export about 13m tons a year, while a nearby terminal in Vancouver, British Columbia can handle another 33m tons, according to data from the National Mining...
...Only one terminal is under construction in Canada, a Royal Dutch Shell-backed project in British Columbia known as LNG Canada....
...He pivoted to build an export terminal at the site when fracking was transforming the American gas supply, a prescient move that made him a doyen of the industry....
...The transaction also includes considerable storage facilities and partial ownership of the Cove Point LNG terminal, one of only six LNG export facilities in the country, which Berkshire Hathaway Energy will...
...Strong gas production has led to a race to built terminals capable of liquefying it for export abroad....
...The refinery’s tank complex could be repurposed as a storage terminal or used to export crude, Mr Auers said....
...Gavilon’s network of inland grain terminals left it exposed to plummeting soyabean exports after China imposed retaliatory tariffs last July....
...As new pipelines open, oil could instead back up in coastal terminals without further exports....
...PGNiG, Poland’s national oil and gas company, has agreed a 20-year contract with Sempra Energy of the US to buy 2m tonnes a year of LNG from its proposed Port Arthur export terminal in Texas, starting in...
...Of all the obstacles to the US increasing its exports of LNG to the EU, insufficient import capacity in Europe is low on the list....
...While it is unlikely to cut oil exports explicitly or target the US in isolation it could take more subtle action....
...Let down by its execution, the US company is being acquired for $3.4bn, including debt, by Francisco Partners and British Columbia Investment Management....
...The deal is intended to help advance a proposed C$7.4bn expansion of the pipeline, which runs from the oil sands region of Alberta to a terminal in British Columbia on Canada’s west coast....
...over the expected increase in tanker traffic from the terminals....
...terminal in Texas....
...The Canadian government has agreed to buy the Trans Mountain pipeline, a critical oil transport route, from Kinder Morgan for C$4.5bn, in an attempt to increase export capacity for the country’s heavy crude...
...Terminal (Wicet) development in Queensland and engineering firms Monadelphous Engineering and Muhibbah Construction....
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