Business & Markets

Mexico Sends First ULSD Export from Olmeca Amid Transport Shortfalls

Mexico exported its first ultra-low sulfur diesel (ULSD) cargo from the Olmeca refinery in April, amid ongoing infrastructure delays that prevent efficient domestic fuel distribution. The cargo was delivered to Florida and Puerto Rico.

BGE Refutes Claims of Pipeline Safety Risks Tied to Falsified Contractor Audit

BGE has rejected claims by the Maryland PSC that its gas pipeline safety was compromised due to a former employee’s falsified inspection. The company insists no systemwide risks exist and defends its disciplinary handling of the matter.

South Dakota Rejects 700-Mile Carbon Pipeline Permit for Summit Carbon Solutions

South Dakota regulators have denied Summit Carbon Solutions' permit to build 700 miles of its planned carbon dioxide pipeline through the state, citing route viability and landowner opposition.

Miami LNG Rebrands as Sawgrass LNG & Power, Expands Clean Energy Services

Miami LNG has rebranded as Sawgrass LNG & Power, expanding its focus on clean LNG and power solutions for customers across the Southeastern U.S. and the Caribbean.

Kazakhstan Poised to Become Key Central Asia Gas Hub, Eyes Pipeline Growth

Kenges Rakishev highlighted Kazakhstan’s vast gas reserves and strategic position at the Energy Trends forum in Astana, proposing a new gas company to meet rising global demand and calling for infrastructure investment to unlock export potential.

Morocco Opens Bidding for New LNG Terminal Near Mediterranean Port

The terminal will be linked to an existing pipeline connecting Morocco to Spain as well as industrial zones in Mohammedia and Kenitra, in the country's northwest, the ministry said in a statement.

Woodside Weighs Trump Tariff Impact on $1.2 Billion Louisiana LNG Project

Woodside Energy is evaluating the impact of U.S. tariffs on its $1.2 billion Louisiana LNG project as it moves closer to a final investment decision. The company is also exploring equity sell-downs and new partnerships to strengthen project economics.

EQT to Buy Olympus Energy Assets for $1.8 Billion to Boost Marcellus Presence

EQT Corp. will acquire Olympus Energy's upstream and midstream assets for $1.8 billion, aiming to boost its footprint in the Marcellus shale region. The deal adds over a decade of high-quality inventory and strengthens EQT’s natural gas position.

FERC’s Willie Phillips Exits Early, Opening Door for Trump to Shift Commission Balance

Democratic FERC Commissioner Willie Phillips steps down early, reportedly after a request from the Trump administration, creating an opportunity for Republicans to gain a majority on the powerful energy regulatory body.

Aemetis Secures $31 Million in Biodiesel Orders for India’s Blending Push

Aemetis' Universal Biofuels secures $31 million in biodiesel orders from Indian Oil Marketing Companies, supporting the country’s push toward a 5% biodiesel blend by 2030.

JERA, Saibu Gas to Share Expanded LNG Terminal in Japan

JERA and Saibu Gas will collaborate on the use of an expanded LNG terminal in Japan's Hibiki port, allowing shared access to a new storage tank and boosting global LNG operations.

Phillips 66 Challenges Elliott Over Citgo Conflict in Boardroom Battle

Phillips 66 is accusing activist investor Elliott of a conflict of interest tied to Citgo as a shareholder battle over board seats and the company’s future strategy escalates.

Environmental Groups Brace for Legal Fight Over Trump’s Energy Rollbacks

Environmental groups are ramping up legal teams in anticipation of challenging President Trump’s sweeping energy deregulation orders, which bypass public input and aim to sunset federal rules.

Morocco to Launch Tender for First LNG Terminal at Nador Port

Morocco is set to begin the tendering process for its first liquefied natural gas terminal near Nador, aiming to expand gas infrastructure and meet growing energy demand, according to Energy Minister Leila Benali.

Five U.S. Petroleum Liquids Pipelines Completed in 2024, EIA Reports

Five petroleum liquids pipelines, including major NGL and refined products systems in Texas, were completed in the U.S. during 2024, according to EIA data. The projects add capacity from the Permian Basin to key refining and storage hubs.

Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit

Valero says it plans to shut or restructure its California refinery by April 2026 and has booked a $1.1 billion impairment as regulatory pressure increases.

Black Sea Gas Ramps Up as Turkey Targets Regional Oil, Gas Partnerships

Turkey's Sakarya gas field has reached 9.5 million cubic meters per day, fueling Ankara’s regional energy ambitions. The country is pursuing exploration partnerships in Bulgaria, Somalia, Iraq, and the Caspian Sea as part of efforts to cut imports and boost supply security.

U.S.-China Trade War Reshapes Global LPG Flows, Pressures Prices

China is shifting away from U.S. LPG imports due to new tariffs, boosting demand for Middle East supply and altering global liquefied petroleum gas trade routes. The disruption is expected to affect prices, inventories, and global petrochemical markets.

FERC-NERC Report Highlights Improved Winter Resilience of U.S. Natural Gas System

A new FERC-NERC report highlights improved winter resilience of the U.S. natural gas system, citing reliable performance during January 2025’s record-setting arctic blast and reduced disruptions compared to past storms.

Spain Approves $455 Million in Aid to Boost Renewable Hydrogen Production

Spain has approved $428 million in state aid to support renewable hydrogen production, aiming to build up electrolyzer capacity and meet EU climate targets.

$182 Million Gas Pipeline Replacement Project Kicks Off in Southeast Michigan

Consumers Energy has launched its $182 million Four Cities Metro Pipeline project to upgrade aging gas infrastructure in metro Detroit, enhancing service reliability through 2029.

China’s ENN Inks 15-Year LNG Deal with ADNOC; Zhenhua Signs 5-Year Pact

China’s ENN Natural Gas and Zhenhua Oil have signed long-term LNG supply agreements with ADNOC, marking a key expansion of LNG trade between the UAE and China. ENN will receive 1 million metric tons annually for 15 years, while Zhenhua agreed to a 5-year deal starting in 2026.

Forum Reports Early Success in Tackling Subsea Challenges

An influential forum of oil and gas operators with a vested interest in subsea operations is tackling the challenges of aging offshore infrastructure through cross-industry collaboration.

Intensity Launches Open Season for 208-Mile Bakken Gas Pipeline Expansion

Intensity Infrastructure has launched an open season for the Phase II Extension of its Bakken natural gas pipeline, seeking customer interest for a 208-mile expansion across eastern North Dakota.

Delfin Secures Final Permits for First U.S. Offshore LNG Export Facility

Delfin Midstream received final federal permits to launch the first U.S. offshore LNG export facility, securing MARAD and DOE approvals to move forward with its Louisiana Gulf project.

U.S. Natural Gas Prices Hover Near 10-Week Low as Market Awaits Storage Data

U.S. natural gas futures held near a 10-week low on April 17 as the market waited for direction from a federal report expected to show that energy firms added less gas to storage than usual last week as cool weather kept heating demand for the fuel higher than normal for this time of year.

Petronas Faces Production Issues at Bintulu LNG Complex, Sources Say

Petronas is experiencing production issues at its Bintulu LNG complex in Malaysia, sources say, citing boiler problems. Supply to offtakers is not expected to be affected.

India Considers Dropping Tariffs on U.S. Ethane, LPG in Trade Talks

India is considering removing import duties on U.S. ethane and LPG as part of ongoing trade talks with Washington aimed at reducing its trade surplus and tariff burden, sources say.

Enbridge Claims LNG Edge with Links to Every U.S. Gulf Coast Export Terminal

Enbridge says its natural gas transmission system is now connected to every operating liquefied natural gas (LNG) export facility on the U.S. Gulf Coast, positioning the company as a key midstream player supporting America’s global LNG dominance.

NeuVentus Gets Green Light for Gas, Liquids Storage at Texas Salt Caverns

NeuVentus received approval to develop 12 salt caverns for gas and liquids storage at its TRU Hub project in Liberty County, Texas. The facility will serve growing demand from LNG, data centers, and industrial users along the Gulf Coast.

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