Natural Gas
U.S. Oil and Gas M&A Hits Quarterly Record After Strong 2023
U.S. oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year's fierce merger pace centered in the top U.S. shale field, data provider Enverus said on Tuesday.
TC Energy's NGTL Pipeline Resumes Normal Operations After Fire in Alberta
TC Energy's NGTL gas pipeline system in the western Canadian province of Alberta has resumed normal operations after a rupture last week prompted the company to reduce pressure on a segment of the line, TC said in a statement on Monday.
U.S. Natural Gas Flows to Texas Freeport LNG Export Plant Rise on Monday
The amount of natural gas flowing to Freeport LNG's liquefied natural gas (LNG) export plant in Texas was on track to rise for a second day in a row on Monday, according to data from financial firm LSEG.
Centuri, Southwest Gas Unit, Surges in Market Debut Amid Strong Demand
Shares of Centuri Holdings, the freshly spun-off unit of Southwest Gas Holdings, jumped in their market debut on April 18, in another sign of a revival in demand for new stocks.
Japan Looks at Developing Domestic Pipelines Sector
(P&GJ) – The government of Japan will create conditions for the development of a domestic pipelines sector in years to come. It will take place through the stimulation of building new gas and other pipelines throughout the country.
Technip Energies Secures Contract for TotalEnergies and OQ's Marsa LNG Project in Oman
Technip Energies, has been awarded a substantial contract by TotalEnergies and OQ for the Marsa LNG bunkering project located in Sohar, Oman.
TotalEnergies to Acquire Full Ownership of SapuraOMV, Expanding Gas Operations in Malaysia
TotalEnergies has entered into an agreement with Sapura Upstream Assets Sdn Bhd to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn for $530 million.
Balticconnector Gas Pipeline Resumes Operations Following Damage
A Baltic Sea gas pipeline that was torn apart last year in an incident still under police investigation has resumed commercial operation as planned after months of repair, operator Gasgrid Finland said on Monday.
Offshore Innovation Seen as Key to Overcoming Obstacles
(P&GJ) – As the offshore oil and gas sector enters the second quarter of the year, Europe will continue to be the biggest market for global offshore pipeline construction and related work.
TC Energy Receives FERC Approval for Northwest Xpress Gas Pipeline Expansion Despite Opposition
(P&GJ) — TC Energy's plan to expand the capacity of its Gas Transmission Northwest Express pipeline by 150 million cubic feet per day (MMcf/d) received the green light from the Federal Energy Regulatory Commission on April 16.
First Tanker Arrives at Troubled Freeport LNG Export Plant After 11-Day Hiatus
The first liquefied natural gas tanker to dock at Freeport LNG's gas liquefaction plant in 11 days arrived on Saturday, vessel tracking data from financial firm LSEG showed.
SLB Profit Rises 14% on Strong International Drilling Demand Amid North American Weakness
Top oilfield services firm SLB reported a 14% rise in first-quarter profit on Friday, in line with analysts' estimates, as higher oil and gas drilling demand in the Middle East and Africa helped offset weakness in North America.
FBI Warns of Chinese Hackers Targeting U.S. Infrastructure, Including 23 Pipeline Operators
Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting "for just the right moment to deal a devastating blow," FBI Director Christopher Wray said on Thursday.
Biden Restricts Drilling and Mining in Alaska Wilderness, Angering State Leaders
The U.S. took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the U.S. reliant on foreign resources. However, the measures won't affect ConocoPhillips' $8 billion Willow project.
Offshore Developments: Exxon's Guyana Gas Plans, LNG Capacity Boost, and More
(P&GJ) — Explore the latest offshore developments, including Exxon's considerations for Guyana gas production post-2029, increased LNG regasification capacity, Venezuela's licensing plans with Trinidad and Shell, New Fortress Energy's onshore complement to an offshore project, and Sulmara's refit for renewable energy contracts.
Black Bear Transmission's Ozark Supply Access Project Now In Service
The project includes two miles of natural gas loop pipeline, a new compressor station, and two new pipeline interconnects. These additional facilities will create access to new supply interconnections with major interstate pipelines from the east end of the Ozark Transmission system.
TC Energy Expects No Service Disruptions After Alberta Pipeline Rupture
TC Energy said on Wednesday it does not anticipate any service interruptions from the rupture of its NGTL gas pipeline in Alberta, Canada, which caused a wildfire on Tuesday.
U.S. LNG Export Plants See Rise in Natural Gas Flows, Freeport Among Key Facilities
The amount of natural gas flowing to the seven U.S. LNG export plants, including Freeport LNG, was on track to jump by around 17% on Thursday from a 15-month low on Tuesday, data from financial firm LSEG showed.
Mexico's Pemex to Hand Over Natural Gas Project to Business Magnate, Report Says
Mexican state oil firm Pemex has agreed to hand over control of its Lakach natural gas project in the Gulf of Mexico to Grupo Carso, a company belonging to Mexican billionaire Carlos Slim, El Heraldo columnist Dario Celis reported on Thursday.
Iraq Plans Oil, Gas Contract Bids on April 27
Iraq will hold a bidding round for oil and gas exploration contracts on April 27, the oil ministry said on Thursday.
BP's Gas and Renewables Boss Steps Down, as CEO Shrinks Leadership
BP said on Thursday its head of natural gas and low carbon energy Anja-Isabel Dotzenrath will step down after just over two years, while CEO Murray Auchincloss announced plans to simplify its management structure.
Kinder Morgan Meets Profit Estimates on Strength in Natural Gas Pipeline Segment
Kinder Morgan attributed the growth in its natural gas pipeline segment to increased margins on storage assets and higher volumes on gathering systems, further boosted by the recent STX Midstream acquisition.
Shell Urges Investors to Reject Climate Demands by Shareholder Group
Shell on Wednesday urged shareholders to vote against an independent resolution, co-filed by a group of 27 investors, that called on the energy company to set tighter climate targets.
Balticconnector Gas Pipeline Set to Resume Commercial Operations on April 22
The Balticconnector subsea gas pipeline between Finland and Estonia, which was damaged in Oct. 2023, will resume commercial operations on April 22. The damage had previously affected energy security and raised concerns in the wider region.
U.S. Considers Releasing More SPR Oil to Keep Gas Prices Low, White House Adviser Says
U.S. President Joe Biden will do what he can to ensure affordable gasoline prices, White House senior adviser John Podesta said at an industry conference on Tuesday, when asked about future releases of crude oil from the Strategic Petroleum Reserve (SPR).
South Africa's PetroSA Targets Mozambique Gas in New Sales Deal, Plans Imports via 540-Mile ROMPCO Pipeline
South Africa's PetroSA expects the first flows of gas into the country from a deal with Mozambique's national energy company ENH later this year, officials said, amid efforts to shore up supplies ahead of a potentially crippling shortage.
Dutch Senate Approves Law to Permanently Close Shell, Exxon-Operated Groningen Gas Field
The Dutch Senate on Tuesday approved a law to permanently close the Groningen gas field, following the government's promise that production will never be resumed to limit seismic risks in the region.
TC Energy's NGTL Gas Pipeline Rupture Sparks Wildfire in Alberta
A section of TC Energy's NGTL gas pipeline system in Alberta ruptured and caught fire on Tuesday, sparking a wildfire about 25 miles northwest of Edson, Alberta, in Yellowhead County, the company said.
Chart Industries to Supply Liquefaction Equipment for Cedar LNG Project
Chart Industries Inc. has been chosen to supply critical liquefaction equipment, including the natural gas liquefaction cold boxes and brazed aluminum heat exchangers, to the Cedar LNG project.
Permian Natural Gas Prices Plummet to 15-Month Low Amid Lingering Negative Territory
Natural gas in the Permian and across the U.S. has been oversupplied following a warmer-than-expected winter, offtake constraints, and operational issues at a major LNG plant in Texas.
- Mexican President: Billionaire Slim Interested in Pemex Natural Gas Project
- Freeport LNG Sues Three Contractors Over Defects at Texas Plant
- Energy Transfer Adds 6,000 Miles of Pipeline with $3.25 Billion WTG Midstream Acquisition
- FERC Approves Transco's Texas to Louisiana Gas Pipeline Project
- Williams Says Court Rules in Its Favor in Pipeline Dispute with Energy Transfer
- U.S. to Buy 4.5 Million Barrels of Oil to Replenish Strategic Petroleum Reserve
- Kurdish Oil Smuggling to Iran Flourishes
- U.S. Court Overturns Alaska Oil Lease Sale, Halting Energy Development
- Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
