A U.S. subsidiary of Russia’s state-controlled natural gas company signed a letter of intent to obtain all the capacity of a liquefied natural gas (LNG) terminal planned for Quebec.
The export subsidiary of OAO Gazprom reached a deal with its partners in the Rabaska terminal project to become an equity partner in the venture.
The partners are [...]

Cheniere Energy, Inc. today announced the opening of its Sabine Pass LNG receiving terminal and interconnecting Creole Trail Pipeline with an on-site ceremony in Cameron Parish, Louisiana.
“The opening of the Sabine Pass LNG terminal and pipeline represents a milestone event for the company,” said Charif Souki, chairman and CEO, Cheniere. “It is the culmination of [...]

El Paso Corporation, announced the conclusion of a settlement with Spectra Energy Corp. (Spectra) to resolve outstanding litigation brought by Citrus Trading Corp. against Spectra LNG Sales, formerly Duke Energy LNG Sales, for $100 million.
El Paso’s subsidiary, Southern Natural Gas (SNG), owns a 50-percent equity interest in Citrus Corp., owner of Florida Gas Transmission Company [...]

New Brunswick’s powerful Irving family is poised to take a giant step in developing a continental energy hub in Saint John, with an announcement expected today that the family’s oil arm will build its second major refinery in the city.
“There is tremendous momentum around the idea of an energy hub in Saint John,” said Steve [...]

Flagship Indian energy firm Oil and Natural Gas Corp (ONGC) is in talks over exporting its share of natural gas from Russia’s Sakhalin-1 via Royal Dutch Shell’s nearby LNG terminal, an oil ministry official said on Friday.
The move to make liquefied natural gas (LNG) at Sakhalin-1, a multibillion dollar project on Russia’s Pacific Coast, runs [...]