Natural Gas
Pioneer Energy Wins $6 Million DOE Grant for Flare Gas-to-Methanol Technology
Pioneer Energy has secured a $6 million grant from the U.S. Department of Energy (DOE) to adapt and demonstrate Emvolon’s gas-to-methanol technology aimed at reducing flaring and emissions in the oilfield. The demonstration will take place at an oil and gas facility in the Eagle Ford region of Texas.
Freeport LNG Gas Flows Decline to One-Month Low in Texas
The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to fall to a one-month low on Monday, according to data from financial firm LSEG.
Kinder Morgan Acquires Gas Gathering, Processing System in Bakken for $640 Million
Houston-based Kinder Morgan Inc. has announced plans to acquire a natural gas gathering and processing system in North Dakota’s Williston Basin from Outrigger Energy II LLC for $640 million.
Venture Global to Target $110 Billion Valuation in IPO Pitch Next Week
Venture Global LNG will begin formally pitching investors next week for its highly anticipated initial public offering, with the second-largest U.S. producer of liquefied natural gas aiming to secure a non-diluted valuation of as much as $110 billion, documents show.
Kinder Morgan Los Angeles Fuel Pipelines Resume Operations After Wildfire Power Outages
The 515-mile SFPP West pipeline, which delivers fuel to Arizona, and the 566-mile Calnev line, which delivers to Nevada, had not been directly impacted by the fires, Kinder Morgan said on Thursday.
Constellation Energy to Buy Calpine in $16.4 Billion Power Industry Mega-Merger
U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately-held natural gas and geothermal company Calpine Corp. for $16.4 billion, marking one of the biggest acquisitions in the history of the U.S. power industry.
Britain’s Gas Storage Worries Rise as Levels Dip to Less Than a Week's Supply, Centrica Warns
Britain's gas storage levels are worryingly low, with less than a week's worth of gas in storage after a cold snap, energy company Centrica said on Friday while the government said there was no need for concern.
AGDC and Glenfarne to Develop $44 Billion Alaska LNG Project, Including 807-Mile Pipeline
The Alaska state's Alaska Gasline Development Corporation (AGDC) entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project, an AGDC spokesperson said on Friday.
Norway Gas Exports Near Record 2024 Levels, Forecasts Show Continued Strength
Norway exported a record amount of natural gas in 2024, and volumes are expected to stay near this level in the coming years, official data and forecasts showed on Thursday.
U.S. Senate Panel to Hear Trump Energy Nominees Next Week
The U.S. Senate energy committee will hold nomination hearings for President-elect Donald Trump's picks for energy roles on Tuesday and Wednesday next week, the panel's chairman said on Thursday.
TotalEnergies to Pay $5 Million in U.S. FERC Natural Gas Manipulation Settlement
A unit of French energy company TotalEnergies agreed to pay $5 million to settle claims by U.S. energy regulators that it and some of its traders allegedly manipulated the natural gas market in 2009-2012.
Howard Energy Acquires 120-Mile Bidirectional Ethylene Pipeline from EPIC Midstream
Howard Energy Partners (HEP) has acquired EPIC Midstream Holdings’ 120-mile ethylene pipeline, strengthening its presence in the Gulf Coast region.
Nord Stream 2 AG Receives Extension for Debt Restructuring Deadline
A court in Switzerland has extended the deadline for Nord Stream 2 AG, a unit of Russia's Gazprom, to restructure its debts to May 9 from Jan. 10, according to a court ruling.
Expand Energy on Track for 7 Bcf/d Gas Output by 2025, CEO Says
Expand Energy, the biggest U.S. natural gas producer, remains on track to boost output to around 7 billion cubic feet per day (Bcf/d) in 2025, CEO Nick Dell’Osso said at the Goldman Sachs Energy, CleanTech & Utilities Conference on Tuesday.
U.S. Natural Gas Futures Surge 6% on Freezing Wells, Northeast Price Spike
U.S. natural gas futures jumped about 6% in another volatile day of trade on Wednesday on forecasts for more heating demand than previously expected and as freezing wells cut output.
Chevron Eyes $6-8 Billion Free Cash Flow Growth in 2024, CEO Says
Chevron is positioned to increase its free cash flow by $6 billion to $8 billion by next year, and reduce expenses by "a couple billion dollars," said Chevron CEO Michael Wirth on Wednesday.
Constellation Nears $30 Billion Deal for Natural Gas Company Calpine: Bloomberg
Constellation Energy is nearing an acquisition of Calpine Corp. that would value the company at about $30 billion including debt, Bloomberg News reported on Wednesday, citing people familiar with the matter.
EnCap Flatrock Midstream Nets $800 Million in Plains All American Transactions
EnCap Flatrock Midstream (EFM) has finalized agreements to sell Ironwood Midstream Energy Partners II and its Plains Series A Preferred Units to Plains All American for over $800 million in cash.
Trump Plans Immediate Reversal of Biden's Offshore Drilling Restrictions
U.S. President-elect Donald Trump said on Tuesday he will move quickly to revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.
OMV Strikes Deal to Deliver Romanian Gas to Germany Amid Energy Shift
Austria's OMV has struck a deal to supply Germany's Uniper with gas from its Black Sea project from 2027, three people familiar with the matter told Reuters, as Europe seeks new ways to boost energy security after cutting ties with Russia.
Biden Bans Offshore Drilling in Vast U.S. Waters Before Trump Term
U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect Donald Trump, who has vowed to boost domestic energy production, may find difficult to reverse.
Nicor Gas Launches First Renewable Natural Gas Interconnection in Illinois
Nicor Gas has announced its first renewable natural gas (RNG) interconnection with Air Liquide's largest RNG facility globally. The facility, located in Rockford, Illinois, converts biogas from the nearby Winnebago Landfill into energy via the Nicor Gas delivery system.
Diversified Energy Expands Midstream Assets in Appalachia with $45 Million Acquisition
Diversified Energy Company PLC has announced a $45 million acquisition of natural gas properties and midstream facilities in Virginia, West Virginia, and Alabama. The assets were purchased from Summit Natural Resources and are expected to close during the first quarter of 2025.
U.S. Natural Gas Prices Surge 10% as Winter Storms Hit Output and Demand
U.S. natural gas futures soared about 10% to a one-week high in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil and gas wells and pipes froze.
Central Europe Adjusts Gas Flows as Ukraine Transit Halts
Central European gas flows have adapted to the halt of Russian supplies through Ukraine on Jan. 1, as increased shipments to the region from Germany and Italy make up the shortfall, data from network operators showed on Monday.
Inpex Restores Typhoon-Damaged Gas Pipelines in Japan
Inpex Corp. has completed restoration work on its natural gas trunk pipeline network in Japan, addressing damage caused by Typhoon Hagibis in October 2019.
Brazil's Eneva Restores Normal Gas Flow to Porto de Sergipe I Power Plant
Brazilian power firm Eneva has resumed normal gas supplies to its Porto de Sergipe I thermoelectric plant after replacing part of a pipe that had affected gas flow for nearly three months.
Moldova Breakaway Region Faces Extended Blackouts After Gas Cutoff
The pro-Russian breakaway Moldovan region of Transdniestria, left without Russian gas supplies no longer transiting through neighboring Ukraine, faced longer periods of rolling power cuts on Saturday, local authorities said.
U.S. Winter Storms Threaten Power Outages, Natural Gas Supply Disruptions
Freezing weather and snow storms across the U.S. could cause massive power outages over the next week and boost natural gas demand to its highest levels of the winter, according to energy analysts and reliability coordinators.
Delek Logistics Closes $285 Million Gravity Water Acquisition
Delek Logistics Partners LP has completed its $285 million acquisition of Gravity Water Intermediate Holdings LLC, expanding its midstream capabilities in the Permian Basin.
- 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
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- 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
