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Developers weigh options to expedite export infrastructure as Biden administration pushes market to help Europe cut Russia ties, but U.S. and global clean energy pressure clouds long term growth outlook. Issues also are set to scale up mining projects in the U.S.
Detailed analysis of the catastrophic 2021 Texas winter storm finds systemic flaws in the state's electric sector contributed to a "cascade of failures" that overwhelmed the power grid.
New economic study cites lower development costs and better market conditions for the proposed 800-mile gas pipeline and export terminal, but a supplemental federal review of its projected greenhouse gas emissions is in process as opponent lawsuits challenge its approvals.
Woodfibre LNG Ltd., a Vancouver, B.C., oil and natural gas firm that is a unit of Singapore-based Pacific Energy Corp Ltd., inked an engineering, procurement, fabrication and construction (EPFC) contract in November with McDermott International for the Woodfibre LNG project—a single train liquefied natural gas export facility to be built on the site of the former Woodfibre pulp mill.
Long controversial 120-mile line from Pa. was allowed to seize NJ state land, but now developer is unclear on its schedule or intent to build the project.
Fluor-led work on B.C. natural gas export terminal, part of estimated $31-billion project, pushes ahead to make up for COVID-19 delay; but final investment decision for $8.1B Goldboro LNG project in Nova Scotia will not be made, developer said July 2.
The legislation, which will require power plants to prepare for extreme weather conditions, was passed in response to widespread power outages in February, was signed by Gov. Greg Abbott on June 8.