North America
Venture Global Announces Final Investment Decision and Financial Close for Plaquemines LNG
Today Venture Global LNG is announcing a final investment decision (FID) and successful closing of the $13.2 billion project financing for the initial phase (an upsized 13.33 MTPA) of the Plaquemines LNG facility and the associated Gator Express pipeline. This transaction represents the largest project financing in the world closed to date in 2022. The proceeds of the debt and equity financing fully fund the balance of construction and commissioning of the initial phase. This is the first LNG project located in the United States to reach financial close since Venture Global’s Calcasieu Pass facility in August 2019.
Sempra Infrastructure and RWE Sign Heads of Agreement for U.S. LNG Supply
Sempra Infrastructure, a subsidiary of Sempra today announced it has entered into a heads of agreement (HOA) with RWE Supply & Trading, a subsidiary of RWE, for the purchase of approximately 2.25 million tonnes per annum (Mtpa) of liquefied natural gas (LNG). The LNG is to be supplied on a long-term, free-on-board basis from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas.
Nutrien Announces Intention to Build Clean Ammonia Production Facility
Nutrien Ltd. announced that it is evaluating Geismar, LA as the site to build the world’s largest clean ammonia facility. Building on the company’s expertise in low-carbon ammonia production, clean ammonia will be manufactured using innovative technology to achieve at least a 90 percent reduction in CO2 emissions. The project will proceed to the front-end engineering design (FEED) phase, with a final investment decision expected to follow in 2023. If approved, construction of the approximately US$2 billion facility would begin in 2024 with full production expected by 2027.
Sempra Infrastructure Signs Participation Agreement with TotalEnergies, Mitsui, Mitsubishi for Carbon Sequestration Project in Louisiana
Sempra Infrastructure, a subsidiary of Sempra, today announced it has signed a participation agreement with TotalEnergies, Mitsui & Co., Ltd. and Mitsubishi Corporation for the development of the proposed Hackberry Carbon Sequestration (HCS) project in Southwest Louisiana.
bp and Linde plan major CCS project to advance decarbonization efforts across Texas Gulf Coast
bp and Linde today announced plans to advance a major carbon capture and storage (CCS) project in Texas that will enable low carbon hydrogen production at Linde’s existing facilities. The development will also support the storage of carbon dioxide (CO2) captured from other industrial facilities – paving the way for large-scale decarbonization of the Texas Gulf Coast industrial corridor.
Sempra Infrastructure and PGNiG Advance North American LNG Alliance
Sempra Infrastructure, a subsidiary of Sempra, and the Polish Oil & Gas Company (PGNiG) today announced they have entered into a heads of agreement (HOA) for the purchase of approximately 3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) delivered free-on-board from Sempra Infrastructure's portfolio of LNG projects in North America.
Parkland announces plans to expand co-processing activities and build British Columbia’s largest renewable diesel complex
Parkland Corporation announced plans to increase renewable fuel production at its Burnaby Refinery in British Columbia.
Venture Global and Petronas Announce Sales and Purchase Agreement
Venture Global LNG and PETRONAS LNG Ltd., a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS, announced the execution of a new 20-year Sales and Purchase Agreement (SPA) for the purchase of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s Plaquemines LNG facility. With this agreement, Venture Global has now announced 20-year sales for 16 MTPA of the 20 MPTA nameplate capacity at Plaquemines LNG.
Venture Global Announces LNG Sales and Purchase Agreements with ExxonMobil
Venture Global LNG announced the execution of two new long-term Sales and Purchase Agreements (SPAs) with ExxonMobil LNG Asia Pacific (EMLAP) for the sale of 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG). Under the agreements, the ExxonMobil affiliate will purchase 1 MTPA from the Plaquemines LNG facility (Plaquemines) as well as 1 MTPA from the CP2 LNG facility (CP2). This is the second supply agreement for CP2, which is expected to commence construction in 2023. Both facilities will replicate the same successful innovative design seen in operation today at Calcasieu Pass, where speed of execution resulted in the production of first LNG only 29 months after FID.
Enbridge and Humble Midstream to Develop Low-carbon Hydrogen and Ammonia Production and Export Facilities
Enbridge Inc. and Humble Midstream, LLC (Humble), an EnCap Flatrock Midstream portfolio company, are pleased to announce the joint development and marketing of a low-carbon hydrogen and ammonia production and export facility which will be located at the Enbridge Ingleside Energy Center (EIEC), near Corpus Christi, Texas.
Everwind advances Novia Scotia hydrogen project
Developer aims to develop Point Tupper storage terminal into regional hydrogen and ammonia hub Canadian developer Everwind Fuels has acquired the Point Tupper energy storage terminal in Novia Scotia from Texas-based Nustar Energy for $60mn, with the aim of developing the site into a green hydrogen hub for eastern Canada.
Energy Transfer Signs LNG Sale and Purchase Agreement With SK Gas Trading LLC
Energy Transfer LP today announced the execution of a long-term Sale and Purchase Agreement (SPA) with SK Gas Trading LLC for the supply of 0.4 million tonnes per annum of LNG from Energy Transfer’s Lake Charles LNG export facility.
Energy Transfer Signs LNG Sale and Purchase Agreement With Gunvor
Energy Transfer LP and Gunvor Group Ltd today announced that Gunvor Singapore Pte Ltd has entered into an LNG Sale and Purchase Agreement with Energy Transfer LNG Export, LLC, a subsidiary of Energy Transfer LP, related to its Lake Charles LNG project.
NextDecade and ENGIE Execute 1.75 MTPA LNG Sale and Purchase Agreement
NextDecade Corporation announced today the execution of a 15-year sale and purchase agreement (“SPA”) with ENGIE S.A. for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
Plug Power and Olin Corporation partner to produce Green hydrogen in 15 ton per day plant
Plug Power Inc., a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and Olin Corporation, a leading vertically integrated chlor alkali producer and marketer, announced today the signing of a memorandum of understanding (MOU) with the intention to create a joint venture (JV) to produce and market green hydrogen to support growing fuel cell demand in the global hydrogen economy.
New Orders Grant Expanded Exports to Non-Free Trade Agreement Countries From Two Previously Authorized Projects in Texas and Louisiana
The U.S. Department of Energy (DOE) today issued two long-term orders authorizing an additional 0.5 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) exports from two LNG export projects: Golden Pass LNG in Texas and Magnolia LNG in Louisiana.
TC Energy Eyes Alberta Site for Hydrogen Production Hub
(P&GJ) — Canadian pipeline operator TC Energy Corp. has begun evaluating plans for a hydrogen production hub on 140 acres in Crossfield, Alberta. The proposed site would accompany its existing natural gas storage facility in Crossfield that holds 68 billion cubic feet of natural gas.
LyondellBasell Announces Plans to Exit Refining Business
LyondellBasell has announced its decision to cease operation of its Houston Refinery no later than December 31, 2023. In the interim, the Company will continue serving the fuels market, which is expected to remain strong in the near-term, and consider potential transactions and alternatives for the site.
United States: Launch of Cameron LNG Expansion to Increase Liquefied Natural Gas Production
TotalEnergies has signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd. and Japan LNG Investment – a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK) – for the expansion of Cameron LNG, a liquefied natural gas (LNG) production and export facility located in Louisiana, U.S.
NextDecade and ENN Execute 1.5 MTPA LNG Sale and Purchase Agreement
NextDecade Corporation announced today the execution of a 20-year sale and purchase agreement with ENN LNG (Singapore) Pte Ltd, a wholly-owned subsidiary of ENN Natural Gas Co., Ltd. for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
Sempra Infrastructure Announces Heads of Agreement with TotalEnergies, Mitsui, Mitsubishi and NYK for Cameron LNG Phase 2
Sempra Infrastructure, a subsidiary of Sempra, announced today it has entered into a Heads of Agreement (HOA) with affiliates of TotalEnergies, Mitsui & Co. and Japan LNG Investment, LLC, a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK), for the development of the Cameron LNG Phase 2 export project in Hackberry, Louisiana.
Multi-State Agreement Signed with Major Hydrogen Ecosystem Partners to Propose a Regional Clean Energy Hydrogen Hub
New York-Led Multi-Agency Consortium Announces Connecticut, Massachusetts, and New Jersey to Join Dozens of Corporations and Universities, Demonstrating Shared Regional Vision for Long-Term Success Partners to Develop Proposal for Federal Infrastructure Investment and Jobs Act Funding and Designation as Regional Clean Hydrogen Hub Advances New York State’s Leadership on Clean Hydrogen Research and Development Supports Climate Leadership and Community Protection Act Goal to Reduce Greenhouse Gas Emissions 85 Percent by 2050
Fortescue Future Industries and E.ON partner on journey to become Europe's largest green renewable hydrogen supplier and distributor
Australian renewable green energy development giant Fortescue Future Industries (FFI) and E.ON, one of Europe's largest operators of energy networks and energy infrastructure and a provider of innovative customer solutions for 50 million customers, partner on journey to deliver up to five million tonnes per annum of green, renewable hydrogen (GH2) to Europe by 2030.
ExxonMobil LAO production unit progresses toward commercial startup in mid-2023
– ExxonMobil announced that construction of the new linear alpha olefins (LAO) manufacturing unit at its Baytown, Texas, integrated petrochemical complex is progressing and targeting commercial start up in mid-2023. When fully operational, the new facility will have the capacity to produce approximately 350,000 metric tons of LAO annually.
NextDecade and Guangdong Energy Announce Binding Heads of Agreement
NextDecade Corporation announced today the execution of a binding Heads of Agreement (“HOA”) with Guangdong Energy Group Natural Gas Co., Ltd. for the long-term supply of liquefied natural gas for 20 years from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
ABB to electrify two plants in North America set to produce 60 tons of green hydrogen daily
ABB has been awarded two major contracts by Plug Power Inc., a leading provider of turnkey solutions for the global green hydrogen economy, to provide the electrical systems for two new hydrogen plants in North America, set to collectively produce 60 tons of green hydrogen per day. Green hydrogen is produced with renewable energy sources and emits zero carbon when used as fuel.
West Virginia hydrogen hub coalition takes next step to secure hub in the state
U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, and Shelley Moore Capito (R-WV), Representative David McKinley (R-WV) and Governor Jim Justice (R-WV) submitted the West Virginia Hydrogen Hub Coalition’s official response to the U.S. Department of Energy’s (DOE) first step in the process to select winning hydrogen hubs funded by the bipartisan Infrastructure Investment and Jobs Act.
Delta Airlines and Airbus collaborate to pull forward the future of hydrogen fuel
Delta and Airbus will collaborate on industry-leading research to accelerate the development of a hydrogen-powered aircraft and the ecosystem it requires.
Venture Global Announces New Sales Agreements for Plaquemines and CP2 LNG, Releases Update on Pre-FID Milestones
Today, Venture Global LNG announced that it has executed two new long-term 20-year Sales and Purchase Agreements (SPAs) with New Fortress Energy Inc., including 1 million tonnes per annum (MTPA) from Plaquemines LNG and 1 MTPA from CP2 LNG. This is the first SPA for the CP2 LNG facility, which the company expects to commence construction on in 2023. With these agreements, Venture Global has now executed over 80% of long-term 20-year contracts signed by US LNG companies since 2017.
Bruce Power Net Zero Inc. exploring nuclear’s role in hydrogen production to help Ontario meet emissions targets
Bruce Power Net Zero Inc. (BPNZ) is exploring the potential for carbon-free nuclear technology to advance opportunities to market and mass-produce hydrogen to help Ontario and Canada meet climate change targets.
