atulpmr April 22, 2021. In fact, the most effective way to cut back on flaring is to build out energy infrastructure—like the NextDecade Rio Grande Facility—to alleviate bottleneck issues that many Texas energy producers face. President Emmanuel Macron is among European Union leaders who have called this month for a quicker emissions cut by 2030 than is already planned. China Sinovac Shot Seen Highly Effective in Real World Study, Colonial Faces Deadline to Decide on Hacked Pipeline Restart, Bitcoin’s Waning Dominance Stirs Warning of Crypto Market Froth, Cryptocurrency’s Value Surges to $45 Billion One Day After Its Debut, How to Quit Your Job in the Great Post-Pandemic Resignation Boom. French utility Engie SA was told by the French government to wait on signing the contract with Houston-based NextDecade Corp., which was due to supply Engie with LNG from its future terminal at the Port of Brownsville. London — France's Engie said Nov. 3 it has halted talks over a potential long-term supply agreement with US LNG developer NextDecade, with the French company having come under pressure not to import LNG produced from shale gas. Our team has significant experience in developing, marketing, constructing, and operating projects safely and successfully around the world 0 . The contract secures the delivery of 4.2 million tons of wood pellets over a period of 15 years, starting in 2021. Fortunately, natural gas is poised to fit seamlessly into an ever-progressing energy transition and will coexist with renewable energy sources for decades. EOG Resources recently introduced a technique known as closed-loop gas capture, which brings captured gas back into production by reflowing gas back into wells. A recent American Petroleum Institute and ICF International study of lifecycle LNG GHG emissions found that U.S. LNG has fewer emissions than natural gas piped in from Russia to France’s neighbor, Germany. The contract, estimated to be worth $7 billion (5.3 billion pounds) was for the import of shale gas via a Texas-based terminal as part of a project called Rio Grande LNG. To achieve that goal, however, companies will need to achieve 6 percent greenhouse gas (GHG) emissions reductions each year for the next decade, according to sustainability consultancy Engie … We have more than 400,000 supporters from all over Texas. The French government stepped in to delay a major contract between Engie and NextDecade for a proposed LNG project at the Port of Brownsville. “That is taking longer than we had expected and hoped, but I think we will be ready next year,” he said at the time. In November, French energy company Engie SA ENGIE.PA pulled out of a deal with NextDecade due to French government concerns about environmental implications. Bringing New Energy to the Rio Grande Valley Rio Grande LNG is a planned liquefied natural gas (LNG) export project in Brownsville, Texas. Automated Alerts Manage, set and receive automated alerts about various events like over speed, ignition, geo-fence, etc. ENGIE EaaS provides a path forward for customers who would otherwise be roadblocked by lack of capital, financing, or project management availability. Once touted as a bridge fuel to smooth the transition away from coal, gas increasingly is being targeted by environmental pressure groups and governments for its contribution to climate-damaging greenhouse gases. By applying advanced energy solutions, services, and financing instruments with ENGIE’s EaaS, your energy use and cost are managed by our expert team. Engie and Rio Grande LNG: what the heck just happened. The contract would have required Engie to purchase LNG from NextDecade’s new Rio Grande export facility in Brownsville, Texas, but was delayed after the French government, a part owner of Engie, told the company’s board of directors to delay or outright cancel any LNG deal because of concerns over methane emissions in West Texas. Engie in 2018 sold its 16.6% interest in the Sempra Energy-led Cameron LNG project in Louisiana, as well as its long-term offtake rights of 4 mmty, to French major Total SE. The French trading firm Engie had been poised to sign the $7 billion, 20-year contract to buy LNG to be delivered from NextDecade’s planned Rio Grande export facility in … Further, Permian Basin operators have reduced methane emissions by nearly 64 percent in the past 7 years, even as energy production has tripled over the same timeframe. Methane emissions throughout the entire United States have decreased by about 800,000 metric tons of CO2 from 2016 to 2018 as well, which is equivalent to taking nearly 170,000 cars off the road. She declined to elaborate on the postponement. Sustainability leaders understand that we … By ENGIE - 31 March 2021 - 16:19. "Engie has decided not to pursue commercial negotiations with NextDecade about this gas supply project," an Engie spokeswoman said, confirming a report in French daily Le Monde. Corrects name spelling in penultimate paragraph. Engie … Have a confidential tip for our reporters? France’s Engie has pulled out of a proposed agreement to secure LNG from NextDecade’s Rio Grande LNG project, over concerns about shale gas development. Possibly of your interest: Sempra and Cheniere extend their LNG export licenses by 2050 NextDecade declined to discuss the discussions it’s having about selling LNG. Engie and ammonia producer Yara have published findings from their long-awaited feasibility study into the development of renewable hydrogen and ammonia at Yara's Pilbara Fertilisers plant. NextDecade, Engie, EQT: Your Daily Energy News Industry Segment: Production | Word Count: 458 Words We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy . The contract would have required Engie to purchase LNG from NextDecade’s new Rio Grande export facility in Brownsville, Texas, but was delayed after the French government, a part owner of Engie, told the company’s board of directors to delay or outright cancel any LNG deal because of concerns over methane emissions in West Texas. The European Union and France specifically cite flaring as a growing concern and potential reason for cancelling the agreement altogether. Earlier this month, Les Amis de la Terre France, an environmental group, urged Engie not to sign the contract with NextDecade, blaming U.S. shale gas for environmental and sanitary disasters. 75% of the wood pellets is expected to be sourced from Australian suppliers, using sustainable fibre from FSC certified and sustainably managed forest plantations. The contract, estimated to be worth $7 billion, was for the import of shale gas via a Texas-based terminal as part of a project called Rio Grande LNG. The U.S. started exporting LNG in 2016, and President Donald Trump has pushed countries including Germany and Poland to take more cargoes from America as a counterweight to the larger volumes of gas arriving in Europe from Russia. "Engie has decided not to pursue commercial negotiations with NextDecade about this gas supply project," an Engie spokeswoman said, confirming a report in French daily Le Monde. The news was first reportedby a French outlet on Oct. 2 and confirmed by the American news site Politico on Oct. 21. It’s no secret that the world is moving toward cleaner sources of energy. NextDecade still needs to aggregate long-term contracts to underpin the final investment decision for its Rio Grande LNG project, Senior Vice President James MacTaggart said on Sept. 30. Presearch is a decentralized search engine, powered by the community. France’s Engie SA ended negotiations for a 20-year, $7 billion supply deal with NextDecade Corp.’s 27 mmty Rio Grande LNG project in Texas. Talkdesk Enters Next Decade Fueled by Innovation, Expanded International Presence, New Brand - Business Wire April 27, 2021 | businesswire.com These investments will outperform the S&P 500 over the next decade, a top research firm predicts - Fortune One of France’s biggest energy companies has delayed a decision on a $7 billion deal to import liquefied natural gas from the U.S. after pressure from the government in Paris to seek cleaner supplies of the fuel. ENGIE will be providing an integrated service to Mitsui & Co., Ltd., from sourcing to shipping. NextDecade Corporation (NextDecade) is committed to providing the world access to cleaner energy. The reported war chest would invest in 2 GW of solar and wind farms over the next decade, including around 800-1,000 MW already in the pipeline. The Small Engine Market to stand unabashed in the next decade. An official said in a response to a request for comment that the company is talking with a number of potential partners around the world, without naming who they are. Flaring in Texas is fortunately at an all-time low and will remain there even as production increases so long as infrastructure keeps pace with new extraction. Hopefully, Engie’s board will take a closer look at the scientific evidence demonstrating this and move forward with a deal that will help the country lower its emissions, while simultaneously providing affordable, clean energy to its citizens. The French government owns a 23.6% stake in Engie and has asked the company to refrain from signing the contract on pollution concerns, people familiar with the matter told Bloomberg. NEXT Carbon Solutions, a wholly owned subsidiary of NextDecade, is developing the Rio Grande CCS project and helping other energy companies to reduce their GHG emissions associated with the production, transportation, and use of fossil fuels. SINGAPORE - French energy group Engie said on Monday (Oct 29) it will relocate its Asia-Pacific headquarters to Singapore from Bangkok next year … Automated Alerts. France’s decision to intervene in the deal is surprising, considering NextDecade has pledged to install new technology that would capture 90 percent of all greenhouse gas (GHG) emissions from the plant. But how do these offshore wind turbines work? Engie SA, a low-carbon and energy solutions French company, has stopped negotiations for a multibillion-dollar contract to import Liquefied Natural Gas (LNG) from the United States (U.S.).Industry people are concerned since this halt could limit the foreign market for American natural gas. Small engines, also known as gasoline-powered or gas-powered small engines, are internal combustion engines used in power garden equipment, utility vehicles (small vehicles) and auxiliary applications. 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