Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Agricultureread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
March 15 (Reuters) - Texas LNG's proposed Brownsville liquefied natural gas (LNG) export terminal in Texas took a step toward receiving federal approval for construction on Friday after staff at the federal energy regulator prepared a final environmental report.
In the report, known as an environmental impact statement, staff at the Federal Energy Regulatory Commission (FERC) concluded construction and operation of the project would result in some adverse environmental impacts, but those impacts "would not be significant" if the company follows recommendations in the report.
The FERC commissioners take the staff's recommendations into consideration when they decide on the project. FERC has said it would make a decision on the plant around June 13, according to the company's website.
Texas LNG said on its website it plans to make a final investment decision to build the plant in 2019 with first LNG expected to be produced in 2023.
The project is designed to produce up to 4 million tonnes per annum (MTPA) of LNG, which is roughly 0.5 billion cubic feet per day (bcfd) of natural gas. One billion cubic feet is enough gas to fuel about 5 million homes for a day.
Texas LNG's project is one of dozens of LNG export terminals under development in the United States, Canada and Mexico.
In addition to Texas LNG, at least two other firms also want to build an LNG export terminal in the Brownsville area - Exelon Corp's Annova Brownsville and NextDecade Corp's Rio Grande LNG.
The United States, which was a net importer of LNG before U.S. LNG company Cheniere Energy Inc shipped its first cargo from Sabine Pass in Louisiana in February 2016, is expected to become the third biggest exporter of the super-cooled fuel by capacity by the end of 2019, behind Australia and Qatar.
Looking at only the plants currently under construction, U.S. LNG export capacity is expected to rise to 8.8 bcfd by the end of 2019 and 10.3 bcfd in 2020 from 5.1 bcfd now.
(Reporting by Scott DiSavino Editing by James Dalgleish)