Archives for February 2019
New big backer for Tellurian's $15M LNG project
Petronet LNG Limited INDIA is eyeing an investment in Tellurian Inv.’s Driftwood project in Lake Charles after signing a memorandum of understanding with the Houston company, Tellurian announced Thursday. Source: FuelFix
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Nearly half of U.S. shale is profitable at $45 oil as winners, losers emerge: Rystad
Energy winners and losers are emerging in U.S. shale plays with about 40 percent of projects able to profit with crude prices at $45 a barrel, according to a new report. Source: FuelFix
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More ships to rely on LNG as pollution rules tighten
Liquefied natural gas is already poised to power the world’s biggest economies as Asian countries increase their reliance on the cleaner-burning fuel, but there is yet another source that could drum up demand for LNG:...
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Baker Hughes to apply "plug and play" concept to LNG Canada project
More details have emerged about a Baker Hughes contract to make two turbines for a pair of liquefied natural gas production units at the LNG Canada project in Kitimat, British Columbia. Source: FuelFix
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Study: Texas oil & gas industry paid $14 billion in taxes, royalties in 2018
The oil and natural gas industry in Texas paid more than $14 billion in state and local taxes and state royalties in fiscal year 2018, a new report shows. Source: FuelFix
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