North America

Louisiana Judge Cancels Air Permits for $9.4 Billion Dollar Plastics Plant

Louisiana District Judge Trudy White canceled state air permits this week belonging to a proposed $9.4 billion dollar plastics complex in St. James Parish, headed by Formosa Plastics. This announcement pushes this project further back from any new progress, as it has faced local and environmental opposition for nearly three years now.

Great Lakes Clean Hydrogen Partnership

Energy Harbor Corp. announced today they are joining forces with the University of Toledo, major industrial companies in the region, several DOE national laboratories and others to form a new industry-led coalition, Great Lakes Clean Hydrogen (GLCH), to transition the Midwest into a leading low-carbon fuel production center, attracting major investment, new businesses and job creation.

Commonwealth LNG Signs Agreements with Woodside

Commonwealth LNG, a subsidiary of Commonwealth Projects, and Woodside Energy Trading Singapore Pte Ltd, a subsidiary of Woodside Energy Group Ltd, are pleased to announce the conversion of their non-binding heads of agreement into two binding LNG Sale and Purchase Agreements (SPAs), signed 2 September 2022.

Delfin Midstream and Devon Energy Enter into LNG Export Partnership

Delfin Midstream Inc and Devon Energy Corporation today announced that they have entered into a liquefied natural gas (LNG) export partnership that includes an executed Heads of Agreement for long-term liquefaction capacity and a pre-Financial Investment Decision (FID) strategic investment by Devon in Delfin.

Energy Transfer to Supply Shell 2.1 Million Tonnes of LNG per Annum from its Lake Charles LNG Export Facility Under 20-Year Agreement

Energy Transfer LP today announced its subsidiary, Energy Transfer LNG Export, LLC, has entered into a 20-year LNG Sale and Purchase Agreement (SPA) with Shell NA LNG LLC related to its Lake Charles LNG project. Under the SPA, Energy Transfer LNG will supply Shell 2.1 million tonnes of LNG per annum (mtpa). The LNG will be supplied on a free-on-board (FOB) basis and the purchase price will be indexed to the Henry Hub benchmark, plus a fixed liquefaction charge. The first deliveries are expected to commence as early as 2026. The SPA will become fully effective upon the satisfaction of the conditions precedent, including Energy Transfer LNG taking a final investment decision (FID).

NFE enters agreement with Plug Power for 120 MW green hydrogen plant on Gulf Coast

New Fortress Energy Inc. announced today that it has entered an agreement with Plug Power Inc., a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, for a 120 megawatt industrial-scale green hydrogen plant near Beaumont, Texas.

Southern Rock Energy Partners Proposes $5.6 Billion Dollar Refinery in Texas

Prairie Energy Partners, a subsidiary of Southern Rock Energy Partners LLC of Texas, has proposed a $5.6 billion-dollar new build refinery to be placed near Victoria, Texas. This site would have an eventual capacity of 250,000 barrels per day.

Centrica Signs LNG Heads of Agreement with Delfin

Centrica plc and Delfin Midstream Inc. today announced the signing of a Heads of Agreement to purchase 1.0 million tonnes per annum (MTPA) of Liquefied Natural Gas for 15-years on a Free on Board (“FOB”) basis at the Delfin Deepwater Port, located 40 nautical miles off the coast of Louisiana.

BP to Sell Interest in BP-Husky Toledo Refinery to Cenovus

BP has reached an agreement to sell its 50% interest in the bp-Husky Toledo Refinery in Ohio to Calgary-based Cenovus, its joint venture partner in the facility.

Heliogen And Dimensional Energy Announce First-Of-Its-Kind Collaboration To Produce Carbon-Free Sustainable Aviation Fuel From Concentrated Sunlight And Green Hydrogen

Heliogen, Inc., a leading provider of AI-enabled concentrated solar energy technology, today announced it has entered into a letter of intent (LOI) with Dimensional Energy, a sustainable fuels company, to jointly produce sustainable aviation fuel (SAF) at Heliogen’s concentrated solar thermal demonstration facility in Lancaster, Calif. This first-of-its-kind collaboration aims to create a reserve of jet fuel created from sunlight and air to enable the rapid decarbonization of the aviation industry.

Pacific Energy and Enbridge Announce Partnership in Woodfibre LNG

Pacific Energy Corporation Limited and Enbridge Inc. announced an agreement to jointly invest in the construction and operation of the Woodfibre LNG project.

NextDecade Announces 1.0 MTPA LNG Sale and Purchase Agreement with ExxonMobil

NextDecade Corporation announced today the execution of a 20-year sale and purchase agreement (“SPA”) with ExxonMobil LNG Asia Pacific, an ExxonMobil affiliate, for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.

Cheniere and PTT Sign Long-Term LNG Sale and Purchase Agreement

Cheniere Energy, Inc. announced today that its wholly-owned subsidiary, Corpus Christi Liquefaction, LLC has entered into a long-term liquefied natural gas sale and purchase agreement (“SPA”) with PTT Global LNG Company Limited, a wholly-owned subsidiary of PTT Public Company Limited, Thailand’s largest state-owned, multinational energy company.

Borealis announces the start-up of New Ethane Cracker at its Joint Venture Baystar in Port Arthur, Texas

Bayport Polymers LLC (“Baystar”), a 50/50 joint venture (JV) between Borealis and TotalEnergies, today announces the start-up of commercial operations of a new ethane cracker with an annual production capacity of one million tons of ethylene.

BASF confirms final phase of MDI expansion at Geismar Verbund site

BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana. With this third step of its multiphase capacity expansion, BASF will increase production capacity to 600,000 metric tons per year by the middle of the decade and support the ongoing growth of its North American MDI customers. The company kicked off the expansion project in 2018 with a staggered approach consisting of three investment phases. The investment in the final expansion phase from 2022 to 2025 amounts to $780 million.

Cheniere and PetroChina Sign Long-Term LNG Sale and Purchase Agreement

Cheniere Energy, Inc. announced today that its wholly-owned subsidiary, Cheniere Marketing, LLC, has entered into a long-term liquefied natural gas sale and purchase agreement (“SPA”) with a subsidiary of PetroChina Company Limited.

Sempra Announces Partnership Framework with ConocoPhillips

Sempra announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips have entered into a heads of agreement (HOA) to develop Sempra Infrastructure's Port Arthur LNG project and jointly participate in other related energy infrastructure in Southeast Texas and the Pacific Coast of Mexico.

Buckeye Partners completes Bear Head Clean Energy acquisition

Buckeye Partners, L.P. (Buckeye) today announced that it closed on the previously announced acquisition of Bear Head Energy, Inc. (Bear Head), which is developing a large-scale green hydrogen and ammonia production, storage and export project in Point Tupper, Nova Scotia with hydrogen electrolyzer capacity of over two gigawatts.

Delfin Midstream Signs LNG Sale and Purchase Agreement With Vitol Inc

Delfin Midstream Inc has finalized a binding liquified natural gas sale and purchase agreement with Vitol Inc., the Americas-based affiliate of Vitol, which is the world’s largest independent trader of energy. In addition to the SPA, Vitol has finalized a strategic investment in the company.

Shell and Mexico Pacific Sign Long-Term LNG Sales and Purchase Agreement

Shell Eastern Trading (Pte) Ltd and a subsidiary of Mexico Pacific Limited announced today they have signed a sales and purchase agreement for Shell to offtake 2.6 million tonnes per year (MTPA) of liquefied natural gas (LNG) from the first two trains of Mexico Pacific’s anchor LNG export facility located in Puerto Libertad, Sonora, Mexico.

NextDecade Announces 1.0 MTPA LNG Sale and Purchase Agreement With Guangdong Energy Group

NextDecade Corporation announced today the execution of a 20-year sale and purchase agreement with Guangdong Energy Group for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas. The SPA was completed pursuant to the Binding Heads of Agreement previously announced on March 24, 2022.

China Gas and NextDecade Sign 20-year Long-Term LNG Agreement

China Gas Holdings Limited, a leading natural gas operator in China, has announced that its wholly-owned subsidiary China Gas Hongda Energy Trading Co., LTD and Rio Grande LNG, LLC, a subsidiary of NextDecade Corporation, have signed a LNG sale and purchase agreement (SPA).

GKN Hydrogen, SoCalGas and the NREL agree to collaborate on the launch of an innovative hydrogen storage solution project

GKN Hydrogen and Southern California Gas Co. (SoCalGas) today announced the companies will work with the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) on an innovative green hydrogen storage solution. GKN Hydrogen’s HY2MEGA can enable safe, long duration clean energy storage without the need for compression. At scale, this combined technology could provide resilient power in case of widespread outages. It also highlights the technologies needed to reach carbon neutrality and accelerate clean fuel initiatives.

Venture Global Announces LNG Sales and Purchase Agreements with Chevron

Venture Global announced the execution of two long-term Sales and Purchase Agreements (SPAs) for the purchase of two million tonnes per annum (2MTPA) of liquefied natural gas (LNG) for 20 years. Under the agreements, Chevron U.S.A. Inc. will purchase 1MTPA from the Plaquemines LNG facility and 1MTPA from CP2 LNG. Plaquemines LNG has been under full construction since August of 2021 and the construction of CP2 LNG is expected to commence in 2023.

Cheniere Announces Positive Final Investment Decision on the Corpus Christi Stage 3 Liquefaction Project

Cheniere Energy, Inc. announced today that its Board of Directors has made a positive Financial Investment Decision (“FID”) with respect to the 10+ million tonnes per annum of LNG Corpus Christi Stage 3 Liquefaction Project (“CCL Stage 3”) and has issued full notice to proceed to Bechtel Energy Inc. to continue construction on CCL Stage 3, which began earlier this year under limited notice to proceed.

Cheniere and Chevron Sign Long-Term LNG Sale and Purchase Agreements

Cheniere Energy, Inc. announced today that two of its subsidiaries, Sabine Pass Liquefaction, LLC and Cheniere Marketing, LLC, have each entered into long-term liquefied natural gas sale and purchase agreements with Chevron U.S.A. Inc., a wholly-owned subsidiary of Chevron Corporation. At plateau, Chevron will purchase a combined 2.0 million tonnes per annum of LNG from Cheniere subsidiaries, subject to certain conditions.

INEOS Enters the Liquified Natural Gas (LNG) Market with a 1.4 Million Tonne per Annum Agreement with Sempra Infrastructure

INEOS Energy has today signed a Heads-of-Agreement with Sempra Infrastructure for the potential supply of 1.4 million tonnes per annum of LNG from North America for 20 years.

Venture Global and EnBW Announce LNG Sales and Purchase Agreements

Venture Global LNG and EnBW announced the execution of two long-term Sales and Purchase Agreements (SPAs) for 1.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s Plaquemines and CP2 facilities, starting 2026. According to the agreement, EnBW will purchase 0.75 MTPA from Plaquemines LNG and 0.75 MTPA from CP2 LNG for 20 years. EnBW becomes the next European customer of Venture Global, who already announced agreements with PGNiG, BP, Shell, Repsol, Edison and GALP.

Mexico President States that New Pemex Refinery Will Hit Full Capacity in 2023

Mexican President Andres Manuel Lopez Obrador recently stated that a new refinery owned by Pemex will indeed be operating at full capacity by 2023, though many in the downstream industry see 2024 as a more likely scenario.

Freeport LNG Provides Update on June 8 Incident at its Liquefaction Site

Freeport LNG Development, L.P. is providing the following update on the June 8 incident at its Quintana Island liquefaction facility