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NextDecade Signs LNG Offtake Agreement with TotalEnergies for Rio Grande LNG Train 4
NextDecade Corporation announced that TotalEnergies has officially exercised its liquefied natural gas (LNG) purchase option for Train 4 at the Rio Grande LNG Facility. As part of this move, the subsidiaries of the two companies entered into a 20-year LNG Sale and Purchase Agreement (SPA), reaffirming their long-term partnership. Key...
Aramco, Sinopec, and Yasref Sign Agreement for Major Petrochemical Expansion in Saudi Arabia
Aramco, one of the world’s largest integrated energy and chemicals companies, alongside China Petroleum & Chemical Corporation (Sinopec) and Yanbu Aramco Sinopec Refining Company Yasref, has signed a Venture Framework Agreement (VFA). The deal sets the stage for a significant petrochemical expansion at Yasref’s facility in Yanbu, located on Saudi...
NextDecade Signs 20-Year LNG Agreement with Aramco Subsidiary for Rio Grande Plant
NextDecade Corporation, a leading energy company focused on providing secure, low-cost, and sustainable energy solutions, has signed a landmark 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with an energy giant Aramco subsidiary. The SPA is for the offtake from Train 4 at NextDecade's Rio Grande LNG plant...
bp Trinidad and Tobago's Cypre Development Begins Gas Production
bp Trinidad and Tobago (bpTT) has officially commenced gas production from its Cypre development, marking a significant step in bp’s global expansion plan. Cypre is one of bp's portfolio of 10 cornerstone projects that are scheduled to start up between 2025 and 2027, supporting the company's growth strategy for increasing...
