Sempra Reaches FID on $13 Billion Port Arthur LNG Project, Closes JV
Sempra is moving forward on building a major liquefied natural gas export project on the Texas...
Sempra is moving forward on building a major liquefied natural gas export project on the Texas Gulf Coast and closed its related joint venture (JV) with ConocoPhillips, the company said on March 20.
Sempra Infrastructure, a 70%-owned subsidiary of San Diego-based Sempra, reached a final investment decision (FID) to develop and operate the first phase of Port Arthur LNG in Jefferson County, Texas, the company said in a press release.
The project’s first phase will include two liquefaction trains, two storage tanks, and associated facilities capable of producing around 13.5 million tonnes per annum (mtpa) of LNG. Sempra expects to spend an estimated $13 billion developing Port Arthur LNG Phase I.
Satellite tech for methane monitoring gains traction
US natural gas companies are looking to satellite technology to improve methane monitoring and enhance...
US natural gas companies are looking to satellite technology to improve methane monitoring and enhance transparency in emissions reporting. Leading US gas producer EQT is assessing six "satellite-as-a-service" providers, while the Appalachian Methane Initiative, which consists of EQT, Equitrans Midstream, and Chesapeake, is considering outsourcing or developing satellite technology in-house to achieve "sector-agnostic" monitoring and eliminate super emitters in Appalachia, according to EQT General Counsel Will Jordan.
This day could go down in history. Former President...
This day could go down in history. Former President Donald Trump said that he expects to be arrested over an investigation into a hush-money payment today. And yesterday afternoon, the NYPD began installing steel barricades around Manhattan’s Criminal Court.
It’s still not a sure thing, but if Trump is indicted and arrested, he’d be the first former president to face criminal charges. His lawyers have said that if it happens, he’ll follow standard arrest procedures, including getting fingerprinted and having a mugshot taken. Should be an interesting day.
Benchmark U.S. crude oil for April delivery rose 90 cents to $67.64 a barrel Monday. Brent crude for May delivery rose 82 cents to $73.79 a barrel.
Wholesale gasoline for April delivery rose 4 cents to $2.54 a gallon. April heating oil rose 1 cent to $2.69 a gallon. April natural gas fell 12 cents to $2.22 per 1,000 cubic feet.