Business & Markets
Williams CEO Alan Armstrong Moving to Executive Chairman Role; Zamarin Named New CEO
Williams announced a leadership transition, with CEO Alan Armstrong moving to Executive Chairman and Chad Zamarin named as the company’s new CEO, effective July 1, 2025.
TotalEnergies Files for $16 Billion Green Hydrogen, Ammonia Hub in Chile
TotalEnergies has filed for environmental approval of a $16 billion green hydrogen and ammonia project in Chile, which includes wind power, electrolysis, desalination, and maritime export infrastructure.
Bukit Asam Advances $3.1 Billion Coal-to-Synthetic Gas Project in Indonesia
Indonesia’s Bukit Asam plans a $3.1 billion plant to convert low-grade coal into synthetic natural gas, aiming to boost domestic gas supply and compete with LNG imports.
Commonwealth LNG Signs 20-Year Deal for Louisiana Project with Major Asian Buyer
Commonwealth LNG signed a 20-year supply agreement with a major Asian buyer for 1 million tonnes per annum from its planned Louisiana export project, marking a key milestone ahead of final investment decision.
SiEnergy to Acquire EPCOR’s Texas Gas Operations, 353 Miles of Pipeline for $60 Million
SiEnergy will acquire EPCOR’s Texas natural gas utility for $60 million, expanding its footprint near Houston with 6,900 metered connections and 353 miles of pipeline across 12 communities.
Archrock Completes $357 Million NGCS Acquisition, Expands Permian Compression Fleet
Archrock has completed its $357 million acquisition of NGCS, adding 351,000 horsepower to its fleet and expanding Permian Basin operations as demand for compression services grows.
Sunoco to Acquire Parkland in $9 Billion Deal as Americas Fuel Market Consolidates
Sunoco will acquire Parkland Corporation in a $9.1 billion cash and equity deal, expanding its North American fuel network and maintaining Canadian operations, the companies announced.
Enbridge Line 5 Tunnel Permit Decision Expected This Fall
Enbridge’s Line 5 tunnel project is advancing toward a key milestone, with the U.S. Army Corps of Engineers targeting a fall decision on the project’s permit following a public comment period set for late May.
I Squared in Talks to Acquire Majority Stake in Permian-to-Houston Matterhorn Pipeline
I Squared Capital is reportedly in talks to acquire a majority stake in the Matterhorn Express pipeline, a key Permian-to-Houston natural gas route with 2.5 Bcf/d capacity. The $5 billion deal would mark a major ownership shift for the recently completed pipeline.
EU Considers Ban on New Russian Gas Contracts, Eyes Exit Options for Existing Deals
The European Commission is considering legal measures to forbid new Russian gas contracts and allow EU firms to exit existing deals without penalties, as part of efforts to further reduce reliance on Russian energy.
Arbitrage Reopens: U.S. LNG Diverted from Europe to Asia in Global Market Shift
Several U.S. LNG cargoes originally bound for Europe have been redirected to Asia as a reopened arbitrage window and falling European prices shift global trade flows. Analysts say the move highlights growing competition between Atlantic and Pacific markets heading into summer.
TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
TC Energy approved its $900 million Northwoods expansion project to add 0.4 Bcf/d of natural gas capacity in the U.S. Midwest by 2029. The project will meet growing demand from power generation and data centers and is backed by a 20-year contract.
Golar LNG to Supply Second Vessel as Argentina Ramps Up Floating LNG Project
Argentina's Southern Energy Project said on Friday it has agreed to a contract with Golar LNG for a second liquefaction vessel with a capacity of 3.5 million metric tons of LNG per year, which is expected to arrive in the country in 2028.
INGAA President Urges Congress to Reform Permitting Rules for Natural Gas Pipelines
INGAA President Amy Andryszak urged Congress to reform permitting laws that are delaying natural gas pipeline projects, citing growing energy demand and challenges posed by duplicative reviews and litigation.
Venezuela Oil Exports Drop 20% as Chevron Cargoes Canceled Over Sanctions Dispute
Venezuela's oil exports dropped 20% in April after state-run PDVSA canceled Chevron cargoes over sanctions-related payment issues, leaving ports idle and shipments returning.
BKV, Comstock Partner to Develop Carbon Capture Projects at Texas Gas Plants
BKV Corp. and Comstock Resources will partner to develop carbon capture projects at Texas gas processing plants, aiming to permanently store CO2 and advance low-carbon natural gas production.
ONEOK Profit Slips on Higher Costs Despite Gains From Pipeline Acquisitions
ONEOK reported a slight dip in first-quarter profit due to higher costs, but core pipeline and NGL segments saw gains from recent acquisitions, including EnLink and Medallion.
Ukraine Increases Gas Imports by 40% to Meet Supply Needs
Ukraine has increased natural gas imports by nearly 40%, turning to Hungary and Poland to offset war-related production losses and meet growing demand ahead of the winter season.
QatarEnergy Nears Long-Term LNG Supply Deal with Japan
QatarEnergy is in advanced discussions with Japanese buyers including JERA and Mitsui for a long-term LNG supply deal from its North Field expansion project, aiming to secure its dominance in the key Asian market.
TC Energy Signals Wave of New Gas Pipeline Projects on Rising Power Demand
TC Energy expects a major increase in gas infrastructure projects in late 2025 and 2026, driven by North America's coal-to-gas shift, rising power demand and LNG growth opportunities.
Technip Energies to Deliver Engineering for Qatar Offshore Gas Compression Project
Technip Energies has been awarded a detailed engineering contract for QatarEnergy LNG’s NFPS COMP 4 offshore compression project, advancing Qatar’s major natural gas expansion plans.
UK Supermajor BP to Supply Feed Gas to Woodside’s Louisiana LNG Project
In a strategic move to support its Louisiana LNG project, Woodside Energy signed a long-term gas supply agreement with BP for up to 640 billion cubic feet of natural gas, expanding its global LNG footprint and advancing U.S. midstream development.
Tankers Bottleneck at Aging Venezuela Oil Port Before U.S. Export Deadline
Oil tankers are queuing at Venezuela’s deteriorating La Salina port ahead of the U.S. license expiry on May 27, triggering delays as PDVSA pushes new crude exports.
Equinor Sees Summer Gas Squeeze in Europe, Calls for More LNG Cargoes
Equinor expects a tight European gas market this summer due to low storage levels and rising LNG demand, estimating 200–300 more cargoes will be needed compared to last year.
LNG Surges, Oil Stalls: Trump's Energy Agenda Faces Headwinds from Trade Turmoil
Just 100 days into President Donald Trump's second term, oil prices have slumped over 20% to below many U.S. producers' breakeven costs as investors lose confidence amid tariff and policy uncertainty - undercutting Trump's push for U.S. energy dominance.
Indian Oil Inks $1.4 Billion LNG Supply Deal with Trafigura
Indian Oil Corp. has signed a five-year LNG import deal with Trafigura worth up to $1.4 billion, with supplies starting in the second half of 2025 and pricing linked to the U.S. Henry Hub.
Colombian Oil, Gas Guild Urges Action to Curb E&P Decline, Address Gas Shortfall
The main Colombian guild for oil, gas, and energy service companies proposed on Tuesday several measures to mitigate the drop in exploration and production (E&P) of oil and to take on the natural gas deficit in the South American country.
Three Killed, Two Injured in Accident at LNG Construction Site in Texas
Three workers were killed and two others injured early Tuesday in an accident at Sempra's Port Arthur LNG construction site in Texas. Lead contractor Bechtel has suspended operations while the incident is investigated.
Golden Pass LNG Receives FERC Approval to Commission Key Systems
FERC has granted Golden Pass LNG approval to commission several key systems at its Texas export terminal, advancing the project toward startup.
Phillips 66 to Build 300 MMcf/d Gas Processing Plant in Permian
Phillips 66 plans a new 300 MMcf/d Iron Mesa gas plant in the Permian Basin as part of its midstream expansion, announced alongside a first-quarter loss.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- South Dakota Governor Signs Bill Banning Eminent Domain for Carbon Pipeline
- Woodside May Delay Final Investment Decision on Louisiana LNG to Q2, CEO Says
