Positive Industry News and Events
Downstream
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Chiyoda Corporation: Current Status of the Golden Pass LNG Project in the U.S.
June 25: Chiyoda International Corporation (CIC) and McDermott LLC (MDR), the construction JV partners for the Golden Pass LNG Export Project (Project) in the State of Texas, U.S., continue to progress work on the Project. MDR and CIC have continued cooperative discussions with Golden Pass LNG Terminal LLC and have signed a binding term sheet… More
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Energy Transfer Expands LNG Supply Agreement With Chevron by 1.0 Million Tonnes Per Annum From Lake Charles LNG
DALLAS–(BUSINESS WIRE)–Jun. 25, 2025– Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has signed an incremental Sale and Purchase Agreement (SPA) with Chevron U.S.A. Inc. (Chevron) for additional LNG supply from its Lake Charles LNG export facility. The 20-year agreement for 1.0 million tonnes per annum… More
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FID Reached: Cheniere Announces Positive Final Investment Decision on the Corpus Christi Midscale Trains 8 & 9 Project
Announcing positive Final Investment Decision of the Corpus Christi Midscale Trains 8 & 9 and Debottlenecking Project of approximately 5 million tonnes per annum Growing Cheniere’s brownfield LNG platform by >10% to >60 million tonnes per annum of capacity by 2028 and remaining >90% long-term contracted Planning to increase annualized dividend by >10% from $2.00… More
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ExxonMobil Baytown Main Office Building To Be Imploded June 21, 2025
On Saturday, June 21 at 6:30 a.m. ExxonMobil’s Main Office Building “The White House” located at 2800 Decker Drive will be imploded. “We recognize the significant role this building has played in the history of our operations and are proud of its service to our company since its opening 1971.” Please note that the surrounding… More
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Commonwealth LNG Receives FERC Final Order and Targets FID Q3 and First LNG 2029
HOUSTON: June 18, 2025 – Commonwealth LNG (“Commonwealth”) today announced it has received the Federal Energy Regulatory Commission’s (FERC) final order (“Final Order”) upholding authorization for its 9.5 million tonnes per annum (Mtpa) liquefied natural gas (LNG) export project located on the Calcasieu Ship Channel near Cameron, Louisiana, USA. With the FERC Final Order in… More
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NextDecade Finalizes EPC Contract Refresh for Train 4 and Executes EPC Contract for Train 5 at the Rio Grande LNG Facility
HOUSTON–(BUSINESS WIRE)–Jun. 12, 2025– NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that its subsidiaries have finalized a pricing refresh of the Company’s lump-sum, turnkey engineering, procurement and construction (EPC) contract with Bechtel Energy Inc. (Bechtel) for the construction of Train 4 and related infrastructure at the Rio Grande LNG Facility and executed… More
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Glenfarne Secures $115 Billion in Strategic Interest for Alaska LNG Project
Glenfarne Group has announced it has received expressions of interest worth over $115 billion from more than 50 companies worldwide for its Alaska LNG project, a major development aimed at supplying liquefied natural gas to both domestic Alaskan markets and key Asian economies. The announcement, made on June 3, marks the completion of the first… More
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Venture Global Secures Final FERC Approval for CP2 LNG Export Terminal
Venture Global has received the final green light from the U.S. Federal Energy Regulatory Commission (FERC) to begin construction on its CP2 LNG export terminal in Cameron Parish, Louisiana. The long-awaited FERC approval clears the path for a final investment decision (FID) on the first 14.4 million metric tons per year phase of the project,… More
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BREAKING: Venture Global Launches Site Work at CP2 LNG Following Federal Approval
🚨NEW: Venture Global Launches Site Work at CP2 LNG Following Federal Approval ✅ CP2 is Venture Global’s Third Facility to be Built in Last Five Years ✅Upon completion, Venture Global expected to become the largest LNG exporter in the United States, second largest in the world ✅Project expected to bring new LNG supply to global… More
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