Author: Emily Burleson

NextDecade expects to make a final investment decision, or FID, on its Rio Grande LNG project’s first two trains sometime in the second half of 2022, the company said.

Airbus is one of 1PointFive’s first known carbon credit customers.

Cheniere is already the largest LNG producer in the U.S. and second-largest in the world, according to the company.

Over the next three years, Encina Development Group will hold several more financing rounds, its founder said, for its Pennsylvania project as well as five others it hopes to build in the U.S.

“What used to be invisible is becoming visible,” said one of the leaders of the Oil and Gas Climate Initiative.

“In this moment of crisis, we need more supply,” Secretary of Energy Jennifer Granholm told executives in Houston.

Ryan Lance, as the leader of one of the world’s largest independent oil and gas producers, said he supported Biden’s decision as a short-term solution to stymying Russia’s economy and influence.

Exxon Mobil, which CEO Darren Woods said is leading the effort, has estimated that the hub could cost $100 billion to build.

Bankruptcy filings in the U.S. oil and gas industry plummeted in 2021, and that low filing rate should carry on through 2022, a local expert says.

CEO Jeff Miller said in a statement that the chemical plant was among $1 billion Halliburton has spent in Saudi Arabia over the past decade.