NorthAmOil - North America Oil & Gas
Australia-based LNG Ltd (LNGL) has sold its proposed Magnolia LNG project in Louisiana, on the US Gulf Coast.
US independent Hess announced last week that it had chartered three very large crude carriers (VLCCs) to temporarily store a combined 6mn barrels of its production from the Bakken play.
US LNG developer NextDecade has said it is still targeting a final investment decision on the Rio Grande LNG project in South Texas this year, but that the timing could be affected by the impact of the coronavirus (COVID-19) pandemic.
Texas LNG has received a state permit for its proposed export terminal at the Port of Brownsville in South Texas, with stricter air pollution standards than normally expected for the region.