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OCI Global Completes Sale of OCI Methanol to Methanex Corporation

OCI Global Completes Sale of OCI Methanol to Methanex Corporation

by Efrain Garcia | Jun 30, 2025 | Downstream News

OCI Global (“OCI”) announces successful completion of the sale of 100% of its equity interests in its Global Methanol Business (“OCI Methanol”) to Methanex Corporation (TSX: MX) (Nasdaq: MEOH) (“Methanex”), (the “Transaction). The Transaction was valued at USD 1.6...
DOE Grants Final Approval for LNG Exports from Port Arthur Phase II to Non-FTA Nations

DOE Grants Final Approval for LNG Exports from Port Arthur Phase II to Non-FTA Nations

by Efrain Garcia | Jun 15, 2025 | Downstream News

The U.S. Department of Energy (DOE) has issued a final authorization allowing Port Arthur LNG Phase II to export domestically produced liquefied natural gas (LNG) to countries without a free trade agreement (FTA) with the United States. The greenlight enables the...
Venture Global Secures Final FERC Approval for CP2 LNG Export Terminal

Venture Global Secures Final FERC Approval for CP2 LNG Export Terminal

by Efrain Garcia | Jun 15, 2025 | Downstream News

Venture Global has received the final green light from the U.S. Federal Energy Regulatory Commission (FERC) to begin construction on its CP2 LNG export terminal in Cameron Parish, Louisiana. The long-awaited FERC approval clears the path for a final investment...
Glenfarne Secures $115 Billion in Strategic Interest for Alaska LNG Project

Glenfarne Secures $115 Billion in Strategic Interest for Alaska LNG Project

by Efrain Garcia | Jun 14, 2025 | Downstream News

Glenfarne Group has announced it has received expressions of interest worth over $115 billion from more than 50 companies worldwide for its Alaska LNG project, a major development aimed at supplying liquefied natural gas to both domestic Alaskan markets and key Asian...
Port Arthur LNG : Sempra Infrastructure and JERA Sign Heads of Agreement for U.S. LNG Supply

Port Arthur LNG : Sempra Infrastructure and JERA Sign Heads of Agreement for U.S. LNG Supply

by Efrain Garcia | Jun 14, 2025 | Downstream News

HOUSTON, June 11, 2025 – Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced it has executed a non-binding heads of agreement (HOA) with JERA Co. Inc (JERA) for a 20-year sale and purchase agreement for liquefied natural gas (LNG) offtake of 1.5...
BREAKING: Venture Global Launches Site Work at CP2 LNG Following Federal Approval

BREAKING: Venture Global Launches Site Work at CP2 LNG Following Federal Approval

by Efrain Garcia | Jun 3, 2025 | Downstream News

NEW: Venture Global Launches Site Work at CP2 LNG Following Federal Approval CP2 is Venture Global’s Third Facility to be Built in Last Five Years Upon completion, Venture Global expected to become the largest LNG exporter in the United States, second largest in the...
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