Natural Gas

U.S. Natural Gas Output to Decline in 2024, While Demand Rises to Record High, EIA Says

U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook on Tuesday.

FERC Upholds 3-Year Extension for Tellurian to Construct Driftwood LNG Plant

FERC has upheld an earlier decision to allow liquefied natural gas developer Tellurian a three-year extension to construct its Driftwood LNG plant on the west bank of the Calcasieu river, near Lake Charles, Louisiana.

Texas Oil Companies Restart Operations After Hurricane Beryl

Oil and gas companies in Texas were restarting operations on July 9 after Hurricane Beryl lashed the state with 80-mph winds, damaging property and leaving millions of people without power.

Devon Energy to Acquire Grayson Mill's Williston Assets for $5 Billion

Devon Energy has entered into a deal to acquire private equity firm EnCap-owned Grayson Mill Energy's Williston basin business in a cash-and-stock deal worth $5 billion, as it aims to cash in on high stock valuations to grow acreage.

Flowmeter Market Surge: Study Projects Growth to $9.6 Billion by 2027

The comprehensive “Volume X: The World Market for Flowmeters, 9th Edition” study from Flow Research reveals that the worldwide market for all types of flowmeter technologies totaled $7.6 billion in 2022 and $7.9 billion in 2023, with revenues forecast to reach $9.6 billion in 2027.

Freeport LNG Gas Flows Hit Near Zero During Hurricane Beryl

During Hurricane Beryl, natural gas flows to Freeport LNG's export plant in Texas plummeted to near zero, impacting U.S. LNG exports.

Largest Texas Ports Close; Enbridge Activates Emergency Plans, Kinder Morgan Shuts Facilities as Hurricane Beryl Nears

Largest Texas ports close as Hurricane Beryl nears, affecting Enbridge and Kinder Morgan operations. The companies implemented emergency plans and facility shutdowns ahead of the storm's landfall on the Texas coast.

Elevation Midstream and ARB's Platte River Merge to Lead DJ Basin Consolidation

The Platte River assets include more than 200 miles of crude gathering and transmission pipelines and offer multi-market optionality to customers via the Platteville and Lucerne Terminals.

Exxon's Q2 Outlook Affected by Pioneer Deal and Gas Price Trends

Exxon's second-quarter outlook hinges on the impact of its Pioneer acquisition and fluctuating gas prices, amid broader market dynamics.

Pipeline Regulatory Expert Michelle Boudreaux Joins Bracewell

Formerly a partner at Baker Botts, Boudreaux brings over 20 years of experience specializing in federal and state regulation of petroleum liquids and natural gas pipelines.

Petronas Boosts LNG Fleet Ahead of LNG Canada Start-Up

The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.

Gas Pipeline Accident Sparks Fire in Crimea, Disrupting Supplies to Alushta, Officials Say

A fire broke out late Saturday after an accident at a gas pipeline near the village of Vinogradnoye in Moscow-annexed Crimea, cutting gas to the resort town of Alushta and more than a dozen settlements, Russian officials said.

Billionaire Carlos Slim's Grupo Carso Partners with Pemex on Natural Gas Project

Grupo Carso, the Mexican holding company controlled by the family of Mexican mogul Carlos Slim, said on Friday that it has signed an exploration and extraction services contract with state oil firm Pemex for the stalled Lakach natural gas project.

Technote: Operator’s New Vision to Control Flaring

In today’s rapidly evolving energy landscape, oil and gas operators face increasing scrutiny and responsibility to align their practices with stringent environmental regulations. One of their most demanding, ongoing environmental challenges is efficient management of flaring operations.

Tropical Storm Beryl Expected to Have Minimal Impact on U.S. Offshore Oil Production

Tropical Storm Beryl is expected to have little impact on U.S. offshore oil and gas production, energy companies said on Friday while evacuating personnel from some facilities out of caution.

Australian Regulator Warns of East Coast Gas Shortage by 2027

Australia's east coast could face gas shortages from 2027, a year earlier than initially forecast, the country's competition regulator said on Friday, as it called for an urgent need to develop new sources of production and supply.

Golar LNG Signs 20-Year Floating LNG Vessel Deal in Argentina

Golar LNG said on Friday it has partnered with Pan American Energy to deploy a floating liquefied natural gas (FLNG) vessel for 20 years to export domestic natural gas as LNG from Argentina.

Energy Transfer Unable to Block Williams Pipeline Construction, Louisiana Judge Rules

In a recent ruling by a Louisiana district court, Williams Companies Inc. has been granted permission to build a natural gas pipeline intersecting Energy Transfer LP’s conduit.

U.S. Senate Probes Oil Producers for Alleged Price Collusion with OPEC

The U.S. Senate budget committee on Thursday launched a probe of domestic oil producers about any efforts to illegally coordinate oil prices with OPEC, in the latest effort by Democratic lawmakers to pressure energy companies.

ADNOC Explores Potential Bid for Australian Gas Giant Santos, Sources Say

Abu Dhabi National Oil Company (ADNOC) is in the preliminary stages of exploring a possible bid for Australian gas supplier Santos, two people with knowledge of the plans said, speaking on condition of anonymity.

U.S. Awards 1 Million Barrels Gasoline Sale Contracts to Five Firms

The U.S. Department of Energy said five companies, including BP, have been awarded contracts for the sale of 1 million barrels of gasoline from the U.S.-managed stockpile in northeastern states.

Sinopec Strikes Significant Oil, Gas Flow in South China Sea Well

China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea, it said on Wednesday.

Nigerian Regulator Clears Eni, Equinor Asset Sales to Local Buyers

Nigeria's upstream oil regulator has approved two key onshore assets sale by international oil companies, clearing the way for Oando and new entrant Project Odinmim to acquire assets.

China Backs Kazakhstan's BRICS Bid, Strengthens Energy Ties

China and Russia are pushing for the expansion of the BRICS grouping, which also includes Brazil, India and South Africa, as they seek to counter Western economic dominance.

Oglethorpe Power Acquires Natural Gas Plant in Georgia

Oglethorpe Power has acquired Walton County Power, a 465-megawatt natural gas-fired plant in Monroe, Georgia. This acquisition is part of Oglethorpe Power's strategy to enhance its generation portfolio with efficient and lower-carbon emitting natural gas and nuclear energy.

L&T Secures Offshore Pipeline Order from ONGC

The project involves the engineering, procurement, construction, installation, and commissioning of 129 kilometers (80 miles) of subsea pipelines and related modification works across ONGC’s offshore fields.

Turkmenistan Signs Deal to Supply Gas to Iraq Through Iran Swap Agreement

Turkmenistan has signed a swap deal with Iran under which Ashgabat will sell 10 billion cubic meters of natural gas a year to Iraq, the Turkmen government said on Wednesday.

Texas Governor Seeks $10 Billion for New Natural Gas Plants

Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick said on Monday they will seek to expand the Texas Energy Fund program to $10 billion to build more natural gas plants to meet the state's growing demand for electricity.

Fire at Alberta Gas Metering Station Prompts Temporary Highway Closure

A fire that prompted temporary closure of a major highway near Edson town, Canada, on Monday involved a gas metering station, said Yellowhead County in northern Alberta.

Whitecap Sells Gas Assets to Pembina, Secures Funding for New Facility

Whitecap Resources said it would raise about $378.73 million by selling working interests in two projects and securing investment for an upcoming facility, in separate deals.

Search