Natural Gas
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.
How Artificial Intelligence Will Transform Pipeline Construction
Artificial Intelligence is all the rage. Nearly all of the discussion is how efficiently it can perform repetitive tasks, forecasting, etc. There are fears, as well, that AI will displace humans and their jobs.
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.
‘Capricious’ You Say?
Is it just me or does the decision by the D.C. appeals court to throw out FERC’s approval of a Williams Cos. pipeline project due to the regulator’s “arbitrary and capricious” review process seem a bit more short-sighted than usual?
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.
Trump Vows to Scrap Biden’s Clean Power Rules, Fast-Track New Energy Projects
Donald Trump would rescind many of President Joe Biden's clean energy rules while also speeding approvals of power plants to meet the nation's rising electricity demands, the Republican's presidential campaign said on Thursday.
Golden Pass LNG Seeks Three-Year Extension for $10 Billion Project After Dropping Lead Contractor
The developer of a Texas LNG export project has asked U.S. regulators for a three-year extension to complete construction of the $10 billion Golden Pass LNG project, citing scheduling uncertainties.
Mexico Pacific Signs 20-Year LNG Deal with POSCO International
Mexico Pacific has finalized a 20-year sales and purchase agreement with POSCO International, a leading energy trading company from Korea.
ONEOK to Acquire EnLink Stake, Medallion Assets in $5.9 Billion Deal
U.S. pipeline operator ONEOK will buy midstream assets in two deals worth $5.9 billion with Global Infrastructure Partners (GIP), bolstering its position in the Permian and Mid-Continent basins amid rapid consolidation in the industry.
Musk's xAI Accused of Running Unpermitted Gas Turbines at Tennessee Data Center
"Despite installing nearly 20 gas turbines with a combined capacity of about 100 MW - enough electricity to power around 50,000 homes - xAI apparently has not applied for any air permits for these turbines," the Southern Environmental Law Center said in a letter to the EPA.
Petrobras Aims to Cut Gas Reinjection, CEO Says
The government published a decree on Monday authorizing the oil regulator ANP to order oil companies to reduce the reinjection to increase the supply of gas and lower prices.
Nigeria's NNPC Expands LNG Shipments to China and Japan
State-owned Nigerian oil company NNPC has expanded shipments of liquefied natural gas (LNG) cargoes to a port in China after its first delivery to Japan in June, it said on Monday.
Spotlight on Permian: Pipeline Activity Still Pushing Toward Texas-Louisiana Border
While most of the Permian Basin natural gas pipelines built in recent years have targeted LNG export markets south of the Houston area, two proposed intrastate projects have emerged within the last couple of years that will deliver Permian Basin gas to the Texas-Louisiana border region.
New Haynesville Pipeline Projects Near Completion Amid LNG Demand Surge
New pipeline projects in the Haynesville region, such as the 155-mile Louisiana Energy Access Pipeline (LEAP) expansion, are approaching completion to support the increasing LNG export demand from Gulf Coast facilities.
Exxon Restores Full Oil Production in Guyana After Gas Pipeline Tie-In
An ExxonMobil consortium's crude output in Guyana has been fully restored at two floating production facilities after workers completed a natural gas pipeline tie-in, a company spokesperson said on Monday.
Enbridge Predicts Rising Oil Demand Through 2050 as U.S. Supply Grows
Enbridge CEO Greg Ebel predicts global oil demand could surpass 110 million barrels per day by 2050, prompting significant investments in U.S. supply and LNG expansion.
Inpex Plans October Restart for Ichthys LNG's Train 2 Following Repairs
The production train at the plant in Darwin, Australia, was halted on Aug. 20 and is the plant's second train outage in the past month.
Exxon to Sell $1 Billion in Non-Core Permian Basin Oil Assets
Top U.S. oil company ExxonMobil is looking to sell oil assets in the U.S. Permian Basin that could fetch $1 billion, Bloomberg Law reported on Tuesday.
Norwegian Piped Gas Exports Could Rival Historic Highs in 2024, Gassco Says
Norwegian pipeline gas exports to Europe could approach a 2017 historic record this year, after rising 10% so far in 2024 following a decline in 2023, the head of system operator Gassco told Reuters on Tuesday.
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- Four Petroleum Liquids Pipelines Completed in U.S. Since 2023
- Lighter U.S. Permian Crude Risks Losing Favor with Refiners Due to Processing Challenges
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
