SAC Capital Advisors Acquires Equity Stake in Cheniere Energy
Posted on Jan 5, 2012 in Financing | Comments Off on SAC Capital Advisors Acquires Equity Stake in Cheniere Energy
Hedge fund SAC Capital Advisors disclosed this week that it has acquired a 5.7% equity stake in Cheniere Energy Inc. Bloomberg News (via the Stamford Advocate) provides additional...
European LNG Headlines
Posted on Jan 5, 2012 in Regas Terminals & Capacity | Comments Off on European LNG Headlines
Supporters of Shannon LNG “Confident” After Meeting With Irish Government Officials (The Kerryman)
Congressman Asks Energy Secretary About Effects of U.S. LNG Exports
Posted on Jan 5, 2012 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Congressman Asks Energy Secretary About Effects of U.S. LNG Exports
Representative Edward Markey (D-Mass.) sent a letter to U.S. Secretary of Energy Steven Chu this week asking the secretary about the likely effects on domestic natural gas markets of exporting U.S. gas as LNG. According to Reuters, Rep. Markey’s letter underscores the concern that exporting natural gas may raise energy prices in the United States. Congressman Markey asked...
Alaska Policy Makers, Company Representatives to Meet on Natural Gas Project Development Today
Posted on Jan 5, 2012 in E&P, LNG Exports, Policy, Legislation and Politics, State and Local Issues | Comments Off on Alaska Policy Makers, Company Representatives to Meet on Natural Gas Project Development Today
Alaska Governor Sean Parnell (R) is expected to meet with the CEOs of BP, ConocoPhillips, and ExxonMobil today to discuss the development of the state’s North Slope natural gas deposits. Following the meeting, Platts LNG Daily reports that the companies may announce a review of a large-scale LNG liquefaction and export project. [Subscription...
Industry Consultants: U.S. LNG Exports Could Affect Global Gas Market
Posted on Jan 4, 2012 in LNG Exports, Markets and Competition | Comments Off on Industry Consultants: U.S. LNG Exports Could Affect Global Gas Market
Energy consultancy IHS CERA suggests that U.S. LNG exports could have a significant impact on the global LNG market if all the proposed U.S. projects go forward. Read more in the Globe and...