Natural Gas

Hungary's MOL Reaches Deals for Oil Transport Via Druzhba Pipeline

Hungary's MOL said on Monday it had reached deals with suppliers and pipeline operators for the continuous transportation of crude oil through Belarus and Ukraine via the Druzhba pipeline.

Williams Gains Chatham Council's Backing for Major Transco Pipeline Expansion

Virgnia’s Chatham Town Council has thrown its support behind the Transco Southeast Supply Enhancement Project with a unanimous vote. The proposed project includes constructing nearly 55 miles of new pipeline across Virginia and North Carolina.

U.S. Oil Firms Evacuate Staff, Cut Drilling Ahead of Storm Francine

U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to prepare for Tropical Storm Francine on Monday as it churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South.

Let's Talk Shop: Developing Sectors for Large and Maxi Rig HDDS

Examine the growing application of large and maxi horizontal directional drills (HDDs) beyond traditional oil and gas projects, highlighting insights from industry experts on the evolving use of HDDs in sectors like carbon capture, renewable energy, and water infrastructure.

Pembina Pipeline to Acquire Alberta Midstream Assets from Veren in $295 Million Deal

Canada's Pembina Pipeline said it will buy some infrastructure assets in Alberta Montney from oil producer Veren Inc. for about $295 million, to strengthen its midstream operations.

Pipeline Incident in Missouri Triggers Natural Gas Leak, No Injuries Reported

A natural gas pipeline operated by Southern Star Central Gas Pipeline was struck by a construction crew in Missouri’s Cass County on Sept.6

Texas Regulators Reject Gas Plant Proposal from State Financing Program Over Due Diligence Failures

Texas energy regulators have denied public funding requests for a proposed power plant days after naming the project as a finalist for a new state program aimed at building out natural gas-fired electricity generation, state documents show.

Azerbaijani President Confident on Ukraine Gas Route Talks

Azerbaijani President Ilham Aliyev said on Friday he was optimistic of a breakthrough in talks between Moscow and Kyiv to keep Russian gas flowing through Ukraine to several European countries.

Colombia Truck Protests Disrupt Key Pipelines, Threaten Ecopetrol Operations

Protests by truckers in Colombia, who are angry at an increase in diesel prices, have cut off the country's biggest cities and are threatening fuel supplies, though the government insists the hike is fair.

EOG Resources to Increase Utica Shale Activity in Ohio

"The Utica absolutely has the opportunity to be a foundational play," COO Jeff Leitzell said. "If we continue to have the success that we expect to, you can expect us to go ahead now and put more capital there."

Texas Matterhorn Pipeline Begins Gas Flow, Could Boost Waha Prices, Permian Resources Says

The Matterhorn is the biggest gas pipe under construction that is capable of moving gas that has been trapped in the Permian basin, causing prices at the Waha Hub in West Texas to turn negative a record number of times this year.

Report: U.S. Oil, Gas M&A Nears 2023 High as Focus Shifts from Permian

Nearly $100 billion has been spent by U.S. producers on mergers and acquisitions so far this year, and another $46 billion in assets are currently for sale, according to analysts.

Crescent Energy Buys Eagle Ford Assets for $168 Million

Crescent Energy has announced the acquisition of assets from a private Eagle Ford operator for $168 million, the company announced on Sept. 4.

Williams Denies Report of Buyout Offer to Targa Resources

Williams Companies denied extending any offer to oil and gas transportation firm Targa Resources, after a report said the latter had rebuffed a takeover interest from the former.

Chesapeake Energy Continues Curtailing U.S. Gas Output Amid Low Prices, CEO Says

U.S. energy company Chesapeake Energy was still curtailing natural gas output, the company's CEO Nick Dell'Osso said at the Barclays CEO Energy-Power Conference on Wednesday.

Williams to Add 4.2 Bcf/d of Natural Gas Capacity by 2027

The new projects include the 1.8-Bcf/d Louisiana Energy Gateway gas pipeline, which is under construction and expected to enter service in 2025, and the 1.6-Bcf/d Southeast Supply Enhancement, which could enter service by 2027.

Vista Energy to Invest $1.1 Billion in Argentina's Vaca Muerta Shale Expansion

In a push to unlock more of the oil riches buried in a massive shale deposit in Argentina, Vista Energy will invest about $1.1 billion this year as it also aims to cut costs there by double digits, the firm's CEO said.

Voyager Midstream Snaps Up 550 Miles of Gas Pipelines in Key Haynesville Deal with Phillips 66

(P&GJ) — Voyager Midstream, backed by Pearl Energy Investments, has acquired natural gas gathering and processing assets from Phillips 66 in East Texas and North Louisiana, placing it strategically in the Haynesville Shale region.

New Fortress Energy Approved to Export LNG from Mexico to Non-FTA Countries

New Fortress Energy has received authorization from the U.S. Department of Energy to export LNG from its offshore Altamira-based plant in Mexico to non-free trade agreement countries.

U.S. LNG Exports Surge in August as Freeport LNG Output Recovers

Exports of U.S. LNG bounced higher in August as output from the country's second-largest export facility rose following an outage and maintenance activities at other plants wound down, LSEG data showed on Tuesday.

Putin Arrives in Mongolia, a Key Link in Russia's Planned Gas Pipeline to China

The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.

Dangote Refinery Starts Gasoline Processing, NNPC Set as Exclusive Buyer

The $20 billion refinery on the outskirts of Lagos, built by Nigerian billionaire Aliko Dangote, began operations in January with output of products including naphtha and jet fuel.

Transnet Posts Larger Loss Amid Pipeline Litigation Costs

South African state-owned logistics group Transnet made a larger loss than the previous year of $408 million in the year to end-March 2024 as it battles litigation over pipeline charges, it reported on Monday.

Turkey’s Botas Secures 10-Year LNG Deal with Shell for 4 Bcm

Turkish state energy company Botas and British oil major Shell signed a 10-year LNG agreement on Monday, the Turkish Energy Minister Alparslan Bayraktar said.

Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory

Natural gas prices in the Permian shale basin in West Texas have turned negative a record number of times in 2024, including an all-time low on Aug. 30, as pipeline and other constraints trap gas in the nation's biggest oil-producing basin.

India's ONGC Seeks U.S. License to Operate Venezuela Oil Projects

India's ONGC Videsh Ltd. is seeking U.S. approval to operate two projects in sanction-hit Venezuela to boost output.

Iraq Seeks U.S. Investment in Gas Projects to Boost Energy Independence

Iraq plans to offer 10 gas exploration blocks to U.S. companies during an upcoming visit by Oil Minister Hayan Abdel-Ghani to the United States, he announced on Saturday.

Shell to Sell Houston Ship Channel Pipeline and Terminal to Edgewater Midstream

Shell Pipeline Company LP and Triton West LLC, subsidiaries of Shell USA, Inc., have agreed to sell their 100% interest in the Sinco pipeline system and Colex terminal to Edgewater Midstream LLC.

Pulling Off the Near-Impossible: Stalled Pig Rescue Mission Returns Pipeline to Normal

T.D. Williamson’s innovative recovery tool and SmartPlug technology successfully resolved a stalled pig issue in an offshore pipeline, restoring normal operations and avoiding costly disruptions.

Texas Shortlists 17 Gas Plant Projects for $5.4 Billion in State Funding

The Public Utility Commission of Texas selected 17 projects, seeking $5.38 billion in government funding, to advance in a new program aimed at spurring the development of gas-fired power plants.