Cheniere Energy

Bill Gates to Address CERAWeek by S&P Global in Houston, March 18-22

Retrieved on: 
Wednesday, March 6, 2024

HOUSTON, March 6, 2024 /PRNewswire/ -- Bill Gates will be among the speakers at the 42nd annual CERAWeek by S&P Global, March 18-22 in Houston.

Key Points: 
  • The week-long event will also include the CERAWeek Innovation Agora , serving as the center of technology and innovation programming at the conference.
  • The 2024 program will also feature expanded " Agora Hubs "—dedicated areas focused on climate, hydrogen and carbon.
  • Members of the media interested in covering CERAWeek 2024 are required to apply for accreditation.
  • Applications are subject to approval and can be submitted at the following link: https://reg.spglobal.com/flow/spglobal/ceraweek24/mediareg/login

This Could Be The Most Exciting Natural Gas Play in Europe

Retrieved on: 
Thursday, February 29, 2024

LONDON,  February 29, 2024  /PRNewswire/ -- Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for affordable domestic resources that Russian Gazprom doesn't control.  Companies mentioned in this release include:  Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), ConocoPhillips (NYSE:COP), Talos Energy (NYSE:TALO), Cheniere Energy (NYSE:LNG).

Key Points: 
  • Welchau is adjacent to an up-dip from a discovery that intersected at a gas column of at least 400 meters, testing condensate rich for pipeline-quality gas.
  • Natural gas is being reclassified as green and sustainable, which is a boon for the development of MCF Energy's assets.
  • Their strategic moves in the natural gas sector, especially with their investments in LNG projects and shale gas explorations, position them as a leader in this segment.
  • Their investments in natural gas, especially in North America and Asia, mirror the world's shifting energy consumption patterns.

This Could Be The Most Exciting Natural Gas Play in Europe

Retrieved on: 
Thursday, February 29, 2024

LONDON, February 29, 2024  /PRNewswire/ -- Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for affordable domestic resources that Russian Gazprom doesn't control.  Companies mentioned in this release include:  Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), ConocoPhillips (NYSE:COP), Talos Energy (NYSE:TALO), Cheniere Energy (NYSE:LNG).

Key Points: 
  • Welchau is adjacent to an up-dip from a discovery that intersected at a gas column of at least 400 meters, testing condensate rich for pipeline-quality gas.
  • Natural gas is being reclassified as green and sustainable, which is a boon for the development of MCF Energy's assets.
  • Their strategic moves in the natural gas sector, especially with their investments in LNG projects and shale gas explorations, position them as a leader in this segment.
  • Their investments in natural gas, especially in North America and Asia, mirror the world's shifting energy consumption patterns.

US Secretary of Energy Jennifer M. Granholm to Address CERAWeek by S&P Global in Houston, March 18-22

Retrieved on: 
Wednesday, February 28, 2024

HOUSTON, Feb. 28, 2024 /PRNewswire/ -- U.S. Secretary of Energy Jennifer M. Granholm will deliver a plenary address to delegates at the 42nd annual CERAWeek by S&P Global, March 18-22 in Houston.

Key Points: 
  • The week-long event will also include the CERAWeek Innovation Agora , serving as the center of technology and innovation programming at the conference.
  • The 2024 program will also feature expanded " Agora Hubs "—dedicated areas focused on climate, hydrogen and carbon.
  • Members of the media interested in covering CERAWeek 2024 are required to apply for accreditation.
  • Applications are subject to approval and can be submitted at the following link: https://reg.spglobal.com/flow/spglobal/ceraweek24/mediareg/login

CERAWeek by S&P Global 2024 to Convene Energy CEOs, Government Officials and Business and Technology Leaders in Houston, March 18-22

Retrieved on: 
Monday, February 26, 2024

HOUSTON, Feb. 26, 2024  /PRNewswire/ -- The 42nd annual gathering of CERAWeek by S&P Global—the world's preeminent energy conference—will convene energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities, March 18-22 in Houston.

Key Points: 
  • Learn more at www.ceraweek.com
    HOUSTON, Feb. 26, 2024 /PRNewswire/ -- The 42nd annual gathering of CERAWeek by S&P Global—the world's preeminent energy conference—will convene energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities, March 18-22 in Houston.
  • "The increasing focus on energy transition following COP28 coincides with a growing realization of just how complex the road ahead will be," said Yergin.
  • Meeting those challenges, and realizing the promise, of the new energy future will be the focus of the world's energy leaders at CERAWeek 2024 in Houston."
  • The CERAWeek 2024 conference program will explore key themes related to:
    Energy Markets – How will supply and demand balance in a world of uncertainty?

Tellurian Board of Directors names Daniel Belhumeur as President, Meredith Mouer as General Counsel and Chief Compliance Officer

Retrieved on: 
Monday, December 11, 2023

Tellurian Inc. (Tellurian or the Company) (NYSE American: TELL) announced today that following the appointment of Martin J. Houston as Chairman of the Board, the Board of Directors has named former General Counsel Daniel Belhumeur as President of Tellurian, and former Deputy General Counsel Meredith Mouer as General Counsel and Chief Compliance Officer of Tellurian.

Key Points: 
  • Tellurian Inc. (Tellurian or the Company) (NYSE American: TELL) announced today that following the appointment of Martin J. Houston as Chairman of the Board, the Board of Directors has named former General Counsel Daniel Belhumeur as President of Tellurian, and former Deputy General Counsel Meredith Mouer as General Counsel and Chief Compliance Officer of Tellurian.
  • Chief Executive Officer Octávio Simões said, “This is an important moment for Tellurian as we navigate several key initiatives.
  • Mr. Belhumeur has served as the General Counsel of Tellurian since February 2017 and as Chief Compliance Officer since March 2017.
  • Prior to joining Tellurian, he served as Vice President, Tax and General Tax Counsel, Tax Director and Domestic Tax Counsel at Cheniere Energy, Inc.
    Ms. Mouer has served as Deputy General Counsel since February 2017, and was formerly a partner at Andrews Kurth LLP.

Cheniere Announces Long-Term Integrated Production Marketing Agreement with ARC Resources

Retrieved on: 
Wednesday, November 29, 2023

Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) and Cheniere Energy Partners, LP (“Cheniere Partners”) (NYSE American: CQP) announced today that Sabine Pass Liquefaction Stage V, LLC (“SPL Stage 5”) has entered into a long-term Integrated Production Marketing (“IPM”) gas supply agreement with ARC Resources U.S. Corp. (“ARC Resources”), a subsidiary of ARC Resources Ltd. (TSX: ARX), a leading natural gas producer in Canada.

Key Points: 
  • Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) and Cheniere Energy Partners, LP (“Cheniere Partners”) (NYSE American: CQP) announced today that Sabine Pass Liquefaction Stage V, LLC (“SPL Stage 5”) has entered into a long-term Integrated Production Marketing (“IPM”) gas supply agreement with ARC Resources U.S. Corp. (“ARC Resources”), a subsidiary of ARC Resources Ltd. (TSX: ARX), a leading natural gas producer in Canada.
  • The IPM agreement is subject to, among other things, a positive Final Investment Decision with respect to Train 7.
  • The LNG associated with this gas supply, approximately 0.85 million tonnes per annum (“mtpa”), will be marketed by Cheniere Marketing International LLP (“Cheniere Marketing”, a subsidiary of Cheniere).
  • “This is the second long-term IPM agreement between Cheniere and ARC Resources, and further progresses the commercialization of the SPL Expansion Project.

Cheniere Partners Reports Third Quarter 2023 Results and Reconfirms 2023 Distribution Guidance

Retrieved on: 
Thursday, November 2, 2023

In September 2023, SPL redeemed $50 million in principal amount of the 2024 SPL Senior Notes with cash on hand.

Key Points: 
  • In September 2023, SPL redeemed $50 million in principal amount of the 2024 SPL Senior Notes with cash on hand.
  • The common unit distribution and the related general partner distribution will be paid on November 14, 2023.
  • Cheniere Energy, Inc. will host a conference call to discuss its financial and operating results for third quarter 2023 on Thursday, November 2, 2023, at 10 a.m. Eastern time / 9 a.m. Central time.
  • The call and accompanying slide presentation may include financial and operating results or other information regarding Cheniere Partners.

Cheniere Reports Third Quarter 2023 Results and Reconfirms 2023 Financial Guidance

Retrieved on: 
Thursday, November 2, 2023

Consolidated Adjusted EBITDA decreased approximately $1.1 billion and $1.3 billion for the three and nine months ended September 30, 2023, respectively, as compared to the corresponding 2022 periods.

Key Points: 
  • Consolidated Adjusted EBITDA decreased approximately $1.1 billion and $1.3 billion for the three and nine months ended September 30, 2023, respectively, as compared to the corresponding 2022 periods.
  • Our ownership interest in Cheniere Energy Partners, L.P. (“Cheniere Partners”) as of September 30, 2023 consisted of 100% ownership of the general partner and a 48.6% limited partner interest.
  • We had cash and cash equivalents of $3.9 billion, of which $499 million was held by Cheniere Partners.
  • In September 2023, Cheniere and its subsidiaries redeemed $50 million in principal amount of the 2024 SPL Senior Notes with cash on hand.

Cheniere Partners Declares Quarterly Distributions

Retrieved on: 
Friday, October 27, 2023

The portion of our quarterly cash distributions that are paid to foreign persons will generally be subject to US withholding tax.

Key Points: 
  • The portion of our quarterly cash distributions that are paid to foreign persons will generally be subject to US withholding tax.
  • Please note that 100 percent of Cheniere Partners’ distributions to foreign investors are attributable to income that is effectively connected with a US trade or business and subject to withholding under Treasury Regulation Sections 1.1446-1 – 1.1446-6.
  • Accordingly, all of Cheniere Partners’ distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.
  • Furthermore, 100 percent of Cheniere Partners’ distributions to foreign investors is in excess of cumulative net income for purposes of Treasury Regulation Section 1.1446(f)-4(c)(2)(iii).