Oxy Low Carbon Ventures (OLCV) will offtake and transport carbon dioxide from NextDecade Corp.’s (NASDAQ: NEXT) Rio Grande LNG project in Brownsville, Texas, under a deal between the companies. In addition, the agreement calls for Occidental (NYSE: OXY) subsidiary OLCV to permanently sequestering the CO 2 in an underground geologic formation. NextDecade expects to reach the final investment decision stage for Rio Grande LNG this year. Beginning next year, Qatar Petroleum (QP) will become the sole owner of the longstanding Qatargas Liquefied Natural Gas Company Limited (QG1) joint venture. QP revealed that it will not renew QG1 and that its partners – affiliates of Total (NYSE: TOT), ExxonMobil (NYSE: XOM), Marubeni (OTCMKTS: MARUF), and […]

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