Chevron Throws In the Towel.

Chevron's proposed LNG terminal for the Coronado Islands off the coast of Baja California is no more. It was essentially KO'd by Costa Azul, the LNG project being joint ventured by Shell and Sempra. The $650 million project was getting pushback from environmentalists because of its proximity to the Coronado Islands' delicate marine ecosystem.

A Chevron spokesperson said that natural gas harvested from Australia's Gorgon gas fields will now be exported to Japan instead of the Baja facility.

Also, unrelated to energy news south of the border, the LA Times has launched a new blog about energy and the environment called Carbon Shift.

I'm sort of pre-programmed to disagree with any commentary by the LA Times on just about anything , but I'll withhold judgment for now. (Actually, the first post I read hung the "cartel" label- with all of its connotations and baggage--on a new natural gas venture involving Russia and the People's Republic of Hugo Chavez-- so maybe it isn't going to be all that bad!")

Chevron gives up on building LNG plant [San Diego Union Tribune]