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☆ Biden pauses approval of new LNG export projects in win for climate activists
▼ + stars: | 2024-01-26 | by ( ) www.cnbc.com time to read: +4 min

President Joe Biden paused pending approvals of exports from new liquefied natural gas projects on Friday, a move cheered by climate activists that could delay decisions on new plants until after the Nov. 5 election. Biden said in a statement: "During this period, we will take a hard look at the impacts of LNG exports on energy costs, America's energy security, and our environment." "We are committed to strengthening energy security here in the U.S. and with our allies," Granholm said. The last review of LNG export projects was in 2018 when export capacity was 4 billion cubic feet per day (bcfd). But the commission's panel of three regulators, which almost always approves LNG projects, could approve it as soon as February, which would then put its approval in the hands of the DOE.

Persons: Joe Biden, Jennifer Granholm, Biden, Granholm, Ben Jealous, Sempra, CP2 Organizations: US Department of Energy, Department of Energy, DOE, Energy, Companies, U.S, Sierra, Sempra Infrastructure, Commonwealth LNG, Venture, Federal Energy Regulatory Commission, Venture Global Locations: Washington ,, Europe, Asia, U.S, wean, Russia, Ukraine, Louisiana, Alaska, Calcasieu, United States, Germany

WASHINGTON (AP) — The Biden administration is delaying consideration of new natural gas export terminals in the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine. A proposed LNG export terminal in Louisiana would produce about 20 times the greenhouse gas emissions of Willow, McKibben noted. “We need to have an even greater understanding of the (global energy) market need, the long-term supply and demand of energy resources and the environmental factors,'' she said. Symons called the gas project "bad for our nation, bad for our health and bad for our economy.'' "The true irony is this policy would hurt the climate and lead to increased (greenhouse gas) emissions, as it would force the world to pivot to coal'' instead of natural gas, Hynes said.

Persons: —, Biden, Joe Biden, “, MAGA, Donald Trump, Bill McKibben, it’s, McKibben, Jennifer Granholm, Granholm, Vladimir Putin, Mike Sommers, Sommers, ”, ‘ ’ Granholm, we’re, Jeremy Symons, Symons, Shaylyn Hynes, Hynes, Trump Organizations: WASHINGTON, Democratic, Energy Department, Industry, Russia, Energy, American Petroleum Institute, U.S . LNG, Environmental Protection Agency, Venture, LNG Locations: United States, Europe, Asia, Ukraine, Alaska, Paris, Louisiana, U.S, Calcasieu, Gulf, Cameron Parish, Virginia

Why did Biden delay consideration of LNG export terminals? Biden's action would not affect those projects, but could delay a dozen or more LNG projects that are pending or in various stages of planning. A public comment period after that will likely delay any decisions on pending LNG projects until after the November election. Environmentalists hailed Biden's decision, saying LNG exports not only pollute communities and add to the climate crisis but also raise energy prices for U.S. families and businesses. A single proposed LNG export terminal in Louisiana would produce about 20 times the greenhouse gas emissions of Willow, activists say.

Persons: —, Biden, Joe Biden, ”, Vladimir Putin, Ali Zaidi, Jennifer Granholm, ″ Zaidi, Granholm, Biden's, Abigail Dillen, Sen, Ed Markey, Mike Sommers, Mitch McConnell, Israel's, “, “ Biden, ″, Bill McKibben, Donald Trump, Karoline Leavitt Organizations: WASHINGTON, Democratic, Industry, Republicans, Russia, U.S, Energy Department, Energy, Seven, American Petroleum Institute, U.S . LNG, GOP Locations: United States, Europe, Asia, Ukraine, Alaska, U.S, Russia, Louisiana, Texas, Calcasieu, Coast, Kentucky, Gaza, Willow

☆ A Huge Win for Activists Puts Climate on the 2024 Agenda
▼ + stars: | 2024-01-25 | by ( David Gelles | More About David Gelles | ) www.nytimes.com time to read: +1 min

In delaying the approval process for CP2, the White House is directing the Energy Department to consider all greenhouse gas emissions associated with the project — not just its construction. That could include emissions associated with drilling for and transporting the fuel, a change would also affect other pending natural gas terminals. But that can only happen if President Biden is re-elected. Energy politicsThe politics of climate change are a big factor in the White House making this move. “They are not going to support this president unless he makes a bold move.”Slow walking the approval process of CP2 is just what activists like Ozane were looking for.

Persons: Biden, Coral, Donald Trump, ”, ” Ozane Organizations: Energy Department, Energy, Republican Locations: Alaska, West Virginia, Gulf

☆ There's an increase in investment in traditional oil and gas sectors, says Worley CEO
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's an increase in investment in traditional oil and gas sectors, says Worley CEOChris Ashton, CEO of energy company Worley, discusses the company's CP2 LNG deal, as well as how it could bring about a "significant impact, positive impact" on Worley's FY 24 results.

Persons: Worley, Chris Ashton

☆ Japan's Inpex signs 20-year LNG deal with Venture Global
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, Dec 27 (Reuters) - Inpex Corp (1605.T), Japan's biggest oil and gas explorer, said on Tuesday that it has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with U.S.-based Venture Global LNG. Under the agreement, Inpex will buy one million tonnes per annum (mtpa) of LNG for 20 years on a free-on-board basis, Inpex said in a statement. The agreement was signed between the subsidiaries of the two companies, INPEX Energy Trading Singapore Pte Ltd (IETS) and Venture Global CP2 LNG LLC. IETS will buy the LNG from Venture Global LNG's CP2 LNG project in Louisiana, which is expected to begin construction in 2023, according to Inpex's statement. The LNG will be delivered to INPEX's Naoetsu LNG terminal and other terminals in Japan.

☆ В Китае подключен первый отечественный ядерный ректор
▼ + stars: | 2020-11-28 | by ( Mld Media Srl | ) noi.md time to read: +3 min

Как сообщает портал Global Times, торжественная церемония подключения энергоблока «Фуцин-5» состоялась в пятницу, 27 ноября. Это первый реактор типа Hualong One, введенный в коммерческую эксплуатацию. Строительство пятого энергоблока АЭС «Фуцин» началось в 2015 году, и в 2018-м основной объем был завершен. Особенность конструкции Hualong One — большое количество как активных, так и пассивных дублированных систем защиты. Разработкой, строительством и обслуживанием реакторов Hualong One занимаются обе китайские атомные корпорации — China General Nuclear Power Group (CGN) и China National Nuclear Corporation (CNNC).

Organizations: Global Times, Westinghouse, Atomic Energy, Canada, Orano SA, China General Nuclear Power Group, China National Nuclear Corporation, АЭС «Фуцин», АЭС, Росатом Locations: China, Китай, Поднебесной, КНР, Пакистан

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