UK-based energy giant BP is seeking between $3.7 billion and potentially in excess of $6 billion in damages from US LNG exporter Venture Global LNG in an arbitration case over LNG sales from the Calcasieu Pass plant in Louisiana.
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US energy firm Glenfarne is seeking an extension from the US Department of Energy to extend the non-FTA export start deadline for its planned 4 mtpa Texas LNG export terminal in the port of Brownsville.
US LNG exporter Cheniere has entered into long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned LNG giant QatarEnergy to supply 4 million tonnes per annum (mtpa) of LNG through 2054.
PV Power and PV Gas, units of state-owned Petrovietnam, signed cooperation agreements to secure gas supplies for power plants in southwestern Vietnam and explore developing an integrated liquefied natural gas (LNG) project in the northern port city of Hai Phong.
US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.