Processing/LNG
Exxon Seeks Permit for Gas Production, LNG Project as Output Rises in Guyana
Exxon Mobil seeks permits for its eighth project in Guyana, focusing on gas production. The company aims to boost capacity to 1.7 million barrels per day by 2029 while supporting Guyana's LNG development.
Kinder Morgan, Entergy Agree to Supply Golden Pass LNG with Natural Gas
Entergy Texas has reached a transportation agreement with Kinder Morgan to secure a steady natural gas supply in Southeast Texas. The agreement, developed with Golden Pass LNG, is part of Kinder Morgan's $1.7 billion Trident Intrastate Pipeline project.
India’s GSPC Strikes 10-Year LNG Deal with TotalEnergies
TotalEnergies has signed a 10-year deal to supply India’s Gujarat State Petroleum Corporation with 400,000 metric tons of LNG annually, starting next year. The agreement aligns with India's growing demand for natural gas as the country pushes to expand its energy mix.
Energy Transfer to Reach Final Decision on Lake Charles LNG Export Project by Q4 2025
Energy Transfer plans to make a final investment decision on its Lake Charles LNG export project by Q4 2025. The move follows a long-term LNG deal with Chevron and the lifting of the U.S. export permit pause.
Elliott Builds $2.5 Billion Stake in Phillips 66, Pushes for Midstream Business Sale
Elliott Investment Management has built a $2.5 billion stake in Phillips 66 and is pushing for the sale of its midstream business. The activist investor argues that urgent changes are needed to boost shareholder returns, including divesting midstream assets and restructuring operations.
Equinor: EU May Need 350 Extra LNG Cargoes to Refill Storage
Equinor warns that the EU may need up to 350 additional LNG cargoes this year to replenish gas reserves, with potential competition from Asia driving up costs.
Tanzania in Talks to Revive $42 Billion LNG Project by June
Tanzania is negotiating tax incentives with investors to revive its stalled $42 billion LNG project, Energy Minister Doto Biteko said. Talks with Equinor, Shell, and partners could conclude by June, potentially unlocking 47.13 Tcf of natural gas reserves.
India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
India’s GAIL is reviving plans to secure U.S. LNG supply or acquire a stake in an LNG plant after the Trump administration ended a ban on new export permits. The move could help boost India’s gas consumption and long-term supply security.
ADNOC Secures 5-Year LNG Supply Deal with India’s BPCL
ADNOC will supply 2.5 million tons of LNG to Bharat Petroleum Corp. over five years, with deliveries starting in April. The deal will be formalized during India Energy Week, alongside a separate 15-year LNG agreement with Indian Oil Corp.
Taiwan Eyes Alaskan LNG Imports Amid U.S. Tariff Concerns
Taiwan is considering importing natural gas from Alaska to help reduce its trade surplus with the U.S. and avoid potential tariffs. State-run CPC is assessing feasibility, as Taiwan looks to diversify energy imports beyond Australia and Qatar.
Germany's Brunsbuettel, Wilhelmshaven LNG Terminals See Strong Demand for Regas Slots
Germany’s Deutsche Energy Terminal successfully sold all available LNG regasification slots at Brunsbuettel and Wilhelmshaven, reflecting strong demand as Europe seeks alternative gas supplies.
Venture Global’s CP2 LNG Project Advances with Environmental Report
Venture Global's CP2 LNG export project in Louisiana moves forward as FERC staff releases a draft environmental report, concluding emissions impacts are "not significant."
Pakistan May Renegotiate LNG Deal with Qatar in 2025
Pakistan’s LNG agreement with Qatar includes a clause allowing renegotiation in 2025, but no decision has been made, according to the country’s petroleum minister.
Canada's AltaGas, Keyera Sign Long-Term LPG Processing Agreements
AltaGas and Keyera have signed long-term agreements for LPG processing, securing export capacity at Ridley Island and fractionation services in Saskatchewan, strengthening Canada’s energy ties to Asia.
North Sea Midstream Partners Names Angela Fletcher as CEO
Fletcher, who has served as NSMP’s chief commercial officer for the past year, takes over as the midstream operator continues efforts to support UK energy security and transition efforts.
Alberta Eyes Japan for LNG Deals Amid U.S. Tariff Threat, Minister Says
Canada's Alberta province, a major gas producer, needs to find new export markets in face of a U.S. tariff threat, and expanding in Japan is an important target, its minister of environment and protected areas, Rebecca Schulz, told Reuters.
Harvest Alaska to Redevelop Kenai LNG Terminal to Boost Southcentral Gas Supply
Harvest Alaska has reached an agreement with Marathon Petroleum Corporation (MPC) and Chugach Electric Association to acquire and redevelop the Kenai LNG Terminal, aiming to address Southcentral Alaska’s energy needs.
Total CEO Says Company Rejected Venture Global as LNG Supplier Over Lack of Trust
TotalEnergies rejected opportunities to become a long-term customer of Venture Global LNG's U.S. terminals because it did not trust the company, CEO Patrick Pouyanné told Reuters on Wednesday.
MPLX Expands Permian NGL, Natural Gas Takeaway with Gulf Coast Projects
MPLX is ramping up Permian NGL and natural gas takeaway with new pipelines, fractionation facilities, and an LPG export terminal, boosting Gulf Coast capacity.
Egypt Signs $3 Billion LNG Deals with Shell, TotalEnergies for 2025 Supply
The most populous Arab country last year returned to being a net importer of natural gas, buying dozens of cargoes and abandoning plans to become a supplier to Europe following a steep decline in domestic output.
Alaska Senator Pressures Asian Allies to Support Gas Pipeline Over China
Senator Dan Sullivan on Wednesday urged Japan and other U.S. allies in Asia to get behind a multibillion-dollar gas project in his home state of Alaska, warning that if they were not interested in buying the gas, strategic rival China would be.
Ukraine Eyes U.S. LNG Purchases, Storage to Bolster Energy Security
Ukraine and other European nations have the potential to buy and store liquefied natural gas (LNG) from the United States in Ukraine and this could strengthen Europe's energy security as gas transits from Russia end, its foreign minister said on Wednesday.
China Hits Back at Trump with Tariffs on U.S. Crude Oil and LNG Imports
The trade in crude oil and liquefied natural gas between the United States and China is effectively dead after Beijing responded to President Donald Trump's tariffs with measures of its own.
Japan's Mitsui Weighs Possible Role in Alaska LNG Project, No Decision Yet
Japanese trading house Mitsui could consider studying a project to liquefy natural gas in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday.
ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
ONEOK and MPLX are partnering to build a $1.4 billion, 400,000-barrel-per-day liquefied petroleum gas (LPG) export terminal in Texas City, Texas, along with a $350 million pipeline connecting the terminal to ONEOK's Mont Belvieu storage facility.
ADNOC Gas Secures $450 Million LNG Supply Deal with JERA
ADNOC Gas has signed a $450 million three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets, reinforcing its long-standing energy partnership with Japan.
Argent LNG Taps Baker Hughes for LNG Export Project in Louisiana
Argent LNG has selected Baker Hughes to provide liquefaction and power generation technology for its proposed LNG export terminal in Port Fourchon, Louisiana. The project aims to produce 24 million tonnes per annum of LNG.
Europe Soaked Up Nearly All U.S. LNG Exports Last Month, Data Show
U.S. exports of liquefied natural gas (LNG) to Europe jumped in January as cold weather drove up demand and prices for the superchilled gas rose, preliminary data from financial firm LSEG showed.
Mexico's Pemex, Billionaire Carlos Slim Renegotiate Lakach Gas Deal
Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources familiar with the matter told Reuters.
Global News February 2025
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
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- Diversified Energy Closes $42 Million Summit Natural Resources Acquisition
- New Alternatives for Noise Reduction in Gas Pipelines
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
- South Dakota Governor Signs Bill Banning Eminent Domain for Carbon Pipeline
- Woodside May Delay Final Investment Decision on Louisiana LNG to Q2, CEO Says
