NorthAmOil - North America Oil & Gas
Alaska LNG faces hurdle after Japan and South Korea reject proposed project
The US’s proposed Alaska LNG project has hit a major road bump with Japan and South Korea declaring they will neither invest in or sign contracts to purchase LNG from the project, The Wall Street Journal reported on July 25.
BP vows to defend its rights in arbitration case against Venture Global
BP has declared it will defend its rights “to the absolute fullest” in its arbitration case brought against Venture Global LNG for failing to deliver contracted cargoes, BP’s chief executive officer, Bernard Looney, told Reuters on August 1.
US Supreme Court clears path for Mountain Valley completion
The US Supreme Court has lifted stays imposed by a lower court on the Mountain Valley Pipeline that had been preventing completion of a final section of the project.
US LNG exports climb in July after completion of maintenance works
The US has recorded a 9% rise in LNG exports in July compared to June, Reuters reported on August 2 citing preliminary data from Refinitiv Eikon.
Venture Global LNG’s Calcasieu Pass 2 receives final environmental approval
Venture Global LNG’s Calcasieu Pass 2 (CP2) project received environmental approval from the US Federal Energy Regulatory Commission on July 28, Reuters reports.
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