LNG

TC Energy Corp., whose main current project is the building of the Coastal GasLink pipeline for the LNG Canada venture, has agreed to sell 40 percent stakes for C$5.2 billion (US$3.9Bln) in the two US assets, Columbia Gas Transmission and Columbia Gulf Transmission, the transporters of substantial US LNG feed-gas volumes.

Empire Petroleum Corp. of Oklahoma has completed the acquisition of 700 natural gas, oil and injector wells from ExxonMobil Corp. located in 40,000 net acres of legacy leaseholds in the US Permian Basin of New Mexico in the latest of a 2020-2021 wave of mergers and acquisitions in the energy sector, including LNG.