Natural Gas
Tokyo Gas Acquires Chevron Gas Assets Near LNG Corridor in East Texas for $525 Million
Tokyo Gas has acquired a 70% stake in East Texas gas assets from Chevron for $525 million, expanding its position in the Haynesville Shale. The move strengthens its access to Gulf Coast LNG infrastructure and supports its growing U.S. gas strategy.
Williams Adds 514 MMcf/d as Two Transco Expansions Enter Service in Southeast, Gulf Coast
Williams has placed two Transco pipeline expansion projects into service, adding 514 million cubic feet per day (MMcf/d) of natural gas capacity to meet growing demand in the Southeast and Gulf Coast regions.
Brookfield Nears $9 Billion-Plus Deal for Colonial Pipeline, Sources Say
Brookfield Asset Management is nearing a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation network, for more than $9 billion including debt, sources say. A formal announcement could come within weeks.
U.S. Gas Prices Climb 5% Amid Record LNG Flows, Forecast Changes
U.S. natural gas prices rose 5% to a two-week high as record LNG exports and cooler forecasts boosted demand expectations. May futures climbed to $4.248 per MMBtu, with the U.S. maintaining its lead as the world’s top LNG supplier.
WhiteHawk Energy Doubles Marcellus Gas Royalties with $118 Million Deal
WhiteHawk Energy has closed a $118 million acquisition that doubles its mineral and royalty interests across 475,000 gross unit acres in Pennsylvania’s Marcellus Shale.
India’s LPG Fleet Grows as BW LPG Sells Two Carriers for $150 Million
BW LPG Limited has signed a Memorandum of Agreement to sell two Very Large Gas Carriers (VLGCs) — the BW Pampero and BW Chinook — to BW LPG India, its joint venture with Global United Shipping.
Sempra to Sell Gas Assets in Mexico, Trim Infrastructure Stake
Sempra will sell its Ecogas Mexico business and a minority stake in Sempra Infrastructure to help fund a $56 billion capital plan focused on utility investments in Texas and California, with transactions expected over the next 12 to 18 months.
BP Approves New Gas Project in Trinidad to Aid Atlantic LNG Output
BP has approved its Ginger gas development offshore Trinidad and Tobago, part of a renewed focus on natural gas to support the country’s Atlantic LNG facility. Production is expected to begin in 2027, with peak output reaching 62,000 barrels of oil equivalent per day.
U.S. Gas Firms Refocus on Haynesville as Trump Greenlights LNG Projects
Natural gas producers and investors are refocusing on Louisiana’s Haynesville Basin amid rising demand and new LNG export approvals under President Trump. With global buyers watching closely, the basin is drawing renewed drilling and infrastructure interest.
1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
Hope Gas’ proposal to abandon over 1,000 miles of pipeline across more than 20 West Virginia counties is drawing sharp criticism from local producers, who say the move could cut off access to critical infrastructure and threaten small well operations.
Baker Hughes to Provide Coiled-Tubing Drilling for Dubai Gas Storage Project
The agreement expands Baker Hughes' role in the Margham project. The company is already supplying its Integrated Compressor Line (ICL) units for gas storage, injection, and export.
Gas Prices Edge Up on Strong LNG Demand, Waha Prices Fall Below Zero Again
U.S. natural gas prices rose slightly this week as LNG exports hit a new record and demand forecasts improved. Meanwhile, pipeline constraints in the Permian Basin pushed Waha Hub prices below zero for the second time this month, highlighting ongoing takeaway issues amid surging associated gas output.
Venture Global Seeks FERC OK to Start Calcasieu Pass Operations, TransCameron Pipeline
U.S. LNG developer Venture Global Inc. has asked federal regulators for permission to begin operations of its entire Calcasieu Pass LNG export facility and TransCameron pipeline project, the final step before moving to commercial operations, according to a filing on Tuesday.
Elliott Sues Phillips 66 Over ‘Gamesmanship,’ Seeks Nomination Rights for Four Board Seats
Elliott Investment Management has filed suit against Phillips 66, accusing the company of boardroom gamesmanship and seeking nomination rights for four director seats at the 2025 annual meeting.
Natural Gas Council Urges Trump to Advance Permitting, Energy Infrastructure
The Natural Gas Council (NGC) has outlined a five-point plan for restoring American energy dominance in a letter sent to President Donald J. Trump, voicing support for the administration’s pro-energy agenda and urging reforms that would accelerate U.S. natural gas growth.
Penspen Revalidating Feasibility for 2,485-Mile Trans-Saharan Pipeline Linking Nigeria to Europe
Once operational, the pipeline would carry up to 30 billion cubic meters of natural gas annually across West and North Africa, with the potential to connect to European markets.
TC Energy, Industry Leaders Call on Canada to Fast-Track Pipeline, LNG Projects
TC Energy and other Canadian energy leaders are urging federal political parties to fast-track pipeline and LNG development, calling for regulatory reform and investment incentives to boost Canada’s energy exports and economic sovereignty.
GSPL Commissions Pipeline Linking Chhara LNG Terminal to Gas Grid in Gujarat, India
Developed by Gujarat State Petronet Limited (GSPL), the 36-inch diameter pipeline has a capacity of 18 million standard cubic meters per day and was built at an estimated cost of $78.3 million.
Ottawa, Canada Contractor Blamed for Multiple Gas Line Strikes During Pipeline Work
Thomas Cavanagh Construction Limited has pleaded guilty to five safety violations after damaging multiple gas lines during a series of pipeline upgrade projects in Ottawa.
Sixth Street Adds California Gas Storage Facility with Caliche Acquisition
Sixth Street has expanded its underground gas storage portfolio with the acquisition of Central Valley Gas Storage in California, operated by Caliche Development Partners.
More European Refineries Face Closures or Conversion by 2035, Industry Panel Warns
European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by 2035, a panel of executives said at the Financial Times Commodities Global Summit in Lausanne on Monday.
Exxon Warns Colonial Pipeline Overhaul Could Harm Fuel Supply Chain
Top U.S. oil major ExxonMobil asked regulators to block changes proposed by the Colonial Pipeline to its fuel shipping terms, citing potential harm to shippers and consumers, a filing with the Federal Energy Regulatory Commission (FERC) showed.
How Ukraine’s Gas Storage, Pipeline Network Could Boost U.S. LNG Under Trump
The U.S. administration suggested this week the United States could help run and possibly own Ukraine's power plants and energy infrastructure as part of a ceasefire deal with Russia.
Venezuela’s Opposition Proposes Energy Reform to Open Pipelines, Refineries to Foreign Investment
Venezuela’s opposition has proposed sweeping energy reforms that would shrink state oil firm PDVSA and open up oil fields, refineries, and pipeline infrastructure to international investors — a move aimed at attracting support from the U.S. and global energy companies.
Brookfield to Sell Pipeline Stake to ArcLight as Part of $1.7 Billion Exit
Brookfield Infrastructure will sell its remaining 25% stake in NGPL, a major U.S. natural gas pipeline operator, to ArcLight Capital Partners, completing a $1.7 billion exit and expanding ArcLight’s ownership to 62.5%.
Trump Administration Moves to Open More Alaska Land for Oil, Gas, LNG Projects
U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipeline and mining road in Alaska, carrying out President Donald Trump's executive order to remove barriers to energy development in the state.
Apollo Buys $1 Billion Stake in BP’s 1,118-Mile TANAP Pipeline Spanning Türkiye
Apollo and bp have entered into a new agreement under which Apollo-managed funds will acquire a 25% non-controlling stake in BP Pipelines (TANAP) Ltd, the bp subsidiary that holds a 12% interest in the Trans-Anatolian Natural Gas Pipeline (TANAP).
Turkey, Slovakia Secure Waiver Extension for Russian Gas Payments, Sources Say
Turkey and Slovakia have received extensions from the United States to waivers for gas payments to Russia, sources told Reuters on Thursday, adding that the extensions would be valid until May.
Brookfield Emerges as Frontrunner to Acquire 5,500-Mile Colonial Pipeline in $10 Billion Deal – Bloomberg
Colonial's pipeline system stretches over 5,500 miles from Houston in Texas to New York's harbor. It moves 100 million gallons of fuel daily, including gasoline, jet fuel, diesel and heating oil, according to the company's website.
Shell to Develop Venezuela’s Dragon Gas Field, Build Pipeline to Trinidad by 2026
Shell is expected to begin an environmental baseline survey in April to look at the waves, sea currents, earth movement and marine life, as part of the engineering work to construct a pipeline from Dragon to its facilities in Trinidad.
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Colonial Pipeline's Main Gasoline Artery Shut for Leak Investigation Through Friday
