Natural Gas
Woodside's Browse Gas Project Awaits Decision from Australian Regulator
The $20.5 billion project in waters off Western Australia is the country's largest untapped gas resource but has been stuck on the drawing board for decades.
Enbridge Eyes Data Center Market, Increases Profit Forecast and Pipeline Capacity
Pipeline operator Enbridge raised its full-year profit forecast on Friday as it benefits from newly acquired assets and said it was well-positioned to capitalize on growing demand for natural gas to supply U.S. data centers.
Chevron-Hess Merger Drags On Amid Exxon Arbitration Challenge
Chevron said an arbitration panel that will evaluate Exxon's challenge to its Hess acquisition should have a decision between June and August 2025.
U.S. Dominates Global Natural Gas Production and LNG Exports
The U.S. has reinforced its position as the leading global producer of natural gas and LNG exporter, with notable increases in LNG supply and significant reductions in European and Russian gas imports.
Canada's Indigenous Groups to Borrow $722 Million for TC Energy Pipeline Stake
Canada's Indigenous groups are preparing a $721.66 million bond offering to fund the purchase of a minority stake in TC Energy's natural gas pipeline system.
Russian Pipeline Gas Exports to Europe Reach Highest This Year
Russian energy giant Gazprom's average daily natural gas supplies to Europe in July reached their highest this year, up 5.7% compared with a year ago and 12% higher than in June, Reuters calculations showed.
Stalled Pig Rescue Mission Returns Clogged Pipeline to Normal
For the most part, the equipment meant to keep pipelines up and running remains up and running itself. When something goes wrong, a routine repair is often all it takes to set things right.
U.S. LNG Exports Fall Again in July on Freeport LNG's Slow Restart
Texas-based Freeport LNG is the country's second-largest LNG export facility, and its production woes in the last few years have played a crucial role in swings in U.S. natural gas and global LNG prices.
AI Data Center Boom Drives Future Gas Demand for TC Energy
TC Energy revealed that 300 data centers under construction in the U.S. will require an additional 6-8 Bcf/d of natural gas, with over 60% of these centers located within 50 miles of their pipelines.
365-Mile Blackcomb Pipeline Project Greenlit to Boost Permian Gas Flow to Gulf Coast
Enbridge, WhiteWater and MPLX have approved the 365-mile Blackcomb Pipeline to transport up to 2.5 Bcf/d of natural gas from the Permian Basin to the Gulf Coast. The project aims to enhance gas takeaway capacity and is slated for completion in late 2026.
U.S. Crude Oil Production Drops for First Time Since January, Gas Output Hits New Low
U.S. crude oil production fell in May in its first monthly decline since January, while fell natural gas output decreased to its lowest since February 2023, data from the U.S. Energy Information Administration showed on Wednesday.
Analysis: U.S. Oilfield Service Companies Slash Prices, Merge as Oil Producers Consolidate
As big producers integrate and become more efficient while raising oil output, there is less work for the oilfield services companies that depend on them, according to service company executives and energy analysts.
Texas Needs More Natural Gas Pipelines as Prices Turn Negative Again
Analysts say that is a sure sign the Permian Basin region needs more gas pipelines, which has already prompted Kinder Morgan, Energy Transfer and other U.S. energy firms to propose new projects.
Enterprise to Grow NGL Export Capacity at Houston Ship Channel
Enterprise Products Partners is expanding the company’s NGL export capacity by 300,000 bbl/d in the Houston Ship Channel to meet strong demand.
Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
Williams Cos.’ $1 billion pipeline project is halted after a U.S. appeals court overturns the Federal Energy Regulatory Commission's approval, citing inadequate environmental and public interest reviews.
Report: U.S. Oil and Gas Mergers Surge Past $30 Billion in Q2
The latest round of deals kicked off last autumn with Exxon's $60 billion offer for Pioneer Natural and has spread through the U.S. energy industry, moving across Texas and North Dakota oil and gas producers to energy pipeline operators.
TC Energy Sells Pipeline Stake to Indigenous Communities for $722 Million
TC Energy said it will sell a minority stake in its Nova Gas transmission system and the Foothills pipeline assets for $722.1 million to certain indigenous Canadian communities as part of a plan to reduce its debt and fund investments.
CF Energy to Build Natural Gas Pipeline for Xinhui Daze Project
The pipeline will supply natural gas to the Xinhui Daze gas thermal power project in Daze, Xinhui, Jiangmen, Guangdong.
Natural Gas Proves Essential as U.S. Wind Power Drops, Says Maguire
Power producers in the United States are becoming increasingly reliant on natural gas for generation, even as the country builds out renewable energy capacity at a record pace.
Hedge Funds Increase Bid for Martin Midstream Takeover
Hedge funds Nut Tree Capital Management and Caspian Capital have made a sweetened bid to acquire fuels storage and transporter Martin Midstream Partners.
Occidental Sells Delaware Basin Assets to Permian Resources for $818 Million
U.S. oil and gas producer Occidental Petroleum said on Monday it would sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for about $818 million, as it plans to cut down debt.
Vital Energy, Northern Oil and Gas Acquire Point Energy Shale Assets for $1.1 Billion
Vital Energy and Northern Oil and Gas will jointly acquire U.S. shale assets from private equity-owned Point Energy Partners for $1.1 billion.
Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia
Puerto Bahia, and Gasco have entered into an agreement to develop a liquified petroleum gas project at Puerto Bahia's port terminal in the Bay of Cartagena, Colombia. The project is expected to be operational by 2027.
Pieridae Energy Halts Production Due to Low Natural Gas Prices
Pieridae Energy said it has shut-in the production of about 6,250 barrels of oil equivalent per day that flows to a third-party owned and operated facility, in response to low natural gas prices.
Turkey to Sign Long-Term LNG Contracts for 2027-2037, Minister Says
Turkey is set to finalize long-term contracts for liquefied natural gas (LNG) to cover the 2027-2037 period, Energy Minister Alparslan Bayraktar said on Friday.
Edison and Snam Sign $608 Million Gas Storage Deal
EDF's Italian unit Edison will sell its gas storage unit to gas grid operator Snam in a deal giving the assets an enterprise value of around $608 million, the two companies said on Thursday.
TC Energy Close to Finalizing Stake Sale in 15,000-Mile Natural Gas Pipeline System, Sources Say
Calgary-based TC Energy is close to finalizing the sale of a stake in its 15,152-mile natural gas pipeline system to Indigenous groups in Western Canada.
Canadian Wildfire Engulfs Jasper, Threatens Trans Mountain Pipeline as Firefighters Struggle to Contain Blaze
A wildfire reached the Canadian town of Jasper, Alberta on Wednesday, one of hundreds ravaging the western provinces of Alberta and British Columbia, as firefighters battled to save key facilities such as the Trans Mountain Pipeline, authorities said.
EQT Completes Equitrans Midstream Acquisition
EQT Corp. has finalized its acquisition of Equitrans Midstream Corp., marking a significant shift in the natural gas sector. This merger creates a major vertically integrated natural gas company in the U.S.
Alaska Greenlights Enstar’s $57 Million Pipeline to Boost LNG Imports
(P&GJ) — The project, known as the “Port MacKenzie Expansion,” aims to extend APLC’s existing pipeline infrastructure to connect with a future LNG import terminal.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
