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Americas

Project Insights
Oil drilling in the Permian Basin.

NextDecade signs first US LNG contract linked to Brent

The company’s Brent-indexed supply deal with Shell underlines how project developers are adjusting to buyer demand for greater flexibility on terms such as pricing points.

2 April 2019 LNG
Offices of Ecopetrol in Colombia.

Colombia aims to revive upstream sector

The government has introduced changes to the conditions applied to offshore blocks in an attempt to encourage greater upstream activity.

28 March 2019 Exploration & Production
The Cameron LNG plant

Wave of US LNG expansions picks up steam

Developments in March confirm expectations that US LNG exports will more than double this year, but the market for buyers remains competitive.

21 March 2019 LNG
The Golar Spirit FSRU

Brazil bets on FSRUs to supply power plants

The country is developing two new FSRU projects and could launch more in the medium term to supply fuel to gas-fired power plants.

8 March 2019 LNG
Artist rendering of the LNG Canada project

British Columbia service plan identifies five key gas projects

The province’s Oil and Gas Commission has named five major gas projects for the period between 2019 and 2022.

27 February 2019 LNG
Mexican President Andrés Manuel López Obrador giving a speech in January.

Mexico’s energy policies face a reality check

President Andrés Manuel López Obrador has backtracked in his dispute with private pipeline developers, saying their contracts will be respected.

22 February 2019 Companies & Finance
The Golden Pass LNG facility. (Golden Pass LNG)

Golden Pass FID puts pressure on US competitors

The decision on Golden Pass LNG means Exxon and Qatar Petroleum will take additional FIDs this year, putting pressure on competing projects to do the same.

6 February 2019 LNG

Europe increases share of US LNG exports

More US LNG has been delivered to Europe over recent months, although the region still represents a small market for American exporters.

28 January 2019 LNG
The LNG Canada information centre

Oil prices may be key for Canadian LNG FIDs

Rising oil prices will be beneficial for Canadian LNG projects because of the boost they will provide to NGL prices, but upstream costs could still be pushed up by domestic factors.

17 January 2019 LNG
Mexican President Andres Manuel Lopez Obrador gives a press conference in Mexico City.

Pemex targets shallow water to boost production

Mexico's aim to increase its shallow water oil and gas production marks a major change in strategy.

10 January 2019 Exploration & Production

US LNG exporters no longer need to specify end destination – Perry

LNG exporters in the United States now need to report only the country where their shipments are destined, the US Department of Energy said on Wednesday.

20 December 2018 LNG

Petronas buys 1.1 mtpa of LNG from Sabine Pass

Cheniere has agreed to sell 1.1 mtpa of LNG from its Sabine Pass plant to Malaysia’s Petronas for 20 years.

19 December 2018 LNG

Tellurian wins 10-year tax break for Driftwood LNG

Tellurian has won approval for a tax break for its planned Driftwood LNG project in Louisiana that could be worth more than $2 billion over 10 years

17 December 2018 LNG

Pembina seeking partner for Jordan Cove LNG plant

Canada’s Pembina Pipeline is seeking a partner for its wholly owned Jordan Cove LNG export plant in the United States

11 December 2018 LNG

US will be able to export 250 MMcm/d of gas as LNG by 2020 – EIA

The United States will have the capacity to export 250 MMcm/d of gas as LNG by the end of 2019, the EIA says

11 December 2018 LNG

Tellurian signs MOU with Vitol for 1.5 mtpa of LNG

Tellurian has entered into an MOU to supply 1.5 mtpa of LNG to Swiss trading house Vitol for 15 years.

6 December 2018 LNG

DEA to buy Sierra Oil & Gas

Germany’s DEA announced on Tuesday that it will acquire Mexican independent Sierra Oil & Gas

5 December 2018 Companies & Finance

Excelerate gives up on Puerto Rican LNG terminal

Excelerate Energy has officially withdrawn its plans for the Aguirre Offshore Gasport LNG terminal in Puerto Rico from consideration by the US FERC.

3 December 2018 LNG

Venezuela rejects BP offer for Total’s Plataforma Deltana stake

Venezuela’s oil ministry has rejected an offer from BP last month to buy Total’s 49% stake in Block 4 of the offshore Plataforma Deltana gas field

27 November 2018 Exploration & Production

New fields could reverse decline in output from Gulf of Mexico

A slew of new fields starting up in the Gulf of Mexico may slow or reverse the decline in gas production seen in the region over the past two decades

27 November 2018 Exploration & Production

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