Business & Markets
Consumers Energy Plans $248 Million Upgrade to Michigan's Natural Gas System
Consumers Energy has unveiled plans to modernize Michigan's natural gas infrastructure, including replacing up to 10,000 aging service lines and installing remote-control valves on major pipelines to enhance safety and efficiency.
Biden Administration Warns of Risks in LNG Export Expansion, Cites Price and Emissions Concerns
The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits.
Chevron Australia Secures 10-Year Gas Supply Deal with Alcoa
U.S. oil giant Chevron's Australian unit said on Tuesday it would supply a total of 130 petajoules of gas to aluminum producer Alcoa over a 10-year period starting 2028.
ADNOC Gas Names Fatema Al Nuaimi as CEO, Succeeding Ahmed Alebri
Abu Dhabi's ADNOC Gas said on Tuesday that it has appointed Fatema Al Nuaimi as its new CEO, effective Jan. 1, following Ahmed Alebri's decision to step down after nearly two years at the helm.
Slovakia's SPP, Partners Urge Continued Ukraine Gas Transit
Slovakia's main gas buyer SPP said on Tuesday it and other groups from Hungary, Austria and Italy had signed a declaration in support of continued natural gas transit through Ukraine.
Tamboran, APA Group to Develop 23-Mile Sturt Plateau Pipeline in Australia
The 23-mile (37-kilometer) pipeline will connect the planned Sturt Plateau Compression Facility to APA’s existing Amadeus Gas Pipeline, serving as the delivery point for gas volumes under a long-term gas sales agreement (GSA) with the Northern Territory Government.
Russian Gas Transit Deal Will Not Renew in 2025, Says Ukraine PM
Ukrainian Prime Minister Denys Shmyhal said on Monday a deal enabling the transit of Russian gas through his country would not be extended beyond the end of the year, as some European countries stepped up their search for needed supplies.
Argentina’s YPF Creates Partnership for $3 Billion Vaca Muerta Sur Oil Pipeline Project
Argentina's state-run oil company YPF YPFDm.BA formed a new partnership with local oil companies to transport and export oil from its massive Vaca Muerta shale oil formation, the company announced on Monday.
Phillips 66 to Sell $865 Million Stake in 500-Mile Gulf Coast Express Pipeline to ArcLight
Phillips 66 is selling its $865 million stake in the Gulf Coast Express Pipeline to ArcLight Capital Partners, with Kinder Morgan remaining a co-owner. The sale surpasses Phillips 66’s $3 billion divestiture goal, supporting shareholder returns and debt reduction.
India to Install Connecting Pipeline, Supply LNG to Sri Lanka, PM Modi says
India plans to supply liquefied natural gas (LNG) to Sri Lanka's power plants and will work on connecting the power grids of the two countries as well as lay a petroleum pipeline between the neighbors, Indian Prime Minister Narendra Modi said on Monday.
NOG Enters into Joint Venture for 2025 Appalachia Drilling Program
Northern Oil and Gas announced that it has entered a joint development program with one of Appalachia’s most capital efficient operators. The program covers drilling activities in calendar year 2025.
Venture Global Produces First LNG at Plaquemines Plant, Edging Out Competitors
Venture Global LNG has produced its first liquefied natural gas from the Plaquemines plant in Louisiana, marking the first new U.S. LNG production in two years. The plant positions Venture Global as a leader in fast-tracked LNG development, with commissioning extending into 2027.
U.S. Natural Gas Prices Drop 5% From 13-Month High On Rising Output, Mild Weather Forecasts
(Reuters) – U.S. natural gas futures dropped about 5% on Friday from the 13-month high reached in the prior session on forecasts for mostly mild weather through late December and rising supplies as producers keep pulling more gas out of the ground.
Delek Logistics Acquires Gravity Water for $285 Million
This acquisition complements Delek's recent purchase of H2O Midstream and strengthens the company’s crude and produced water gathering and disposal services in the Midland Basin.
Argus Launches Daily Price Assessments for Growing LNG Market in India
Argus has launched the world's first daily price assessments for the growing LNG market on the east coast of India, enhancing transparency in a region where imports and downstream gas infrastructure are undergoing rapid development.
Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
Boardwalk Pipelines has approved the 1.16 Bcf/d Kosci Junction Pipeline project, a major investment by its subsidiary Gulf South Pipeline Company LLC. The 110-mile pipeline will expand natural gas capacity to support growing energy needs in Mississippi and the southeastern United States.
PGJ Exclusive (sponsored): How Southern Star revolutionized operations with a one-stop shop asset management upgrade
Southern Star is a key player in the natural gas sector. Overseeing 5,800 miles of pipeline, 43 compressor stations and eight gas porosity storage fields, the company has many assets and work processes to manage and maintain. Read how Southern Star gained a 25% increase in efficiency and optimized time and resources through an upgraded asset management system.
Suncor Projects Higher Crude Output, Lower Spending for 2025
Suncor Energy on Thursday projected higher oil and gas production and lower spending in 2025, as it aims to boost output from its oil sands assets while keeping a tight lid on costs.
Australia's Santos Signs Long-Term LNG Supply Deal With Japan's Shizuoka
Santos, Australia's No.2 independent oil and gas producer by market cap, said on Thursday it signed a deal to supply Japanese gas distributor Shizuoka Gas with liquefied natural gas (LNG).
Singapore Seeks Proposals to Scale Up LNG Bunkering
The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural gas (LNG) for bunkering or ship refueling, it said in a statement on Thursday.
U.S. Natural Gas Prices Surge 7% to Two-Week High on Colder Weather, Rising LNG Exports
U.S. natural gas futures jumped about 7% on Wednesday to a two-week high on forecasts for colder weather and higher heating demand and an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants.
Chevron Expands Pasadena Refinery to Boost Light Crude Processing Capacity by 15%
Chevron U.S.A. Inc. has completed a retrofit of its Pasadena, Texas refinery, increasing its processing capacity by nearly 15%, bringing it to 125,000 barrels per day. The upgrade enhances the facility's flexibility in refining lighter crudes and aligns with Chevron’s strategy to bolster its Gulf Coast refining system.
Austria's OMV Terminates Gazprom Gas Contract Amid Ukraine War-Related Supply Dispute
Austria's OMV said on Wednesday it had terminated its long-term gas supply contract with Gazprom after the Russian firm stopped deliveries last month amid a row that has been highly politicized due to the war in Ukraine.
LF Bioenergy Expands RNG Footprint, Reducing 60 Million Gasoline Miles in Environmental Impact
LF Bioenergy, a renewable natural gas (RNG) company that partners with farmers to capture methane and convert it into energy, has expanded its RNG project footprint with four operational facilities and two more under construction across the U.S.
Tenaris, IGI Poseidon Partner to Advance Offshore Hydrogen Pipeline Testing
Tenaris and IGI Poseidon, a joint venture between Greece’s DEPA International Projects and Italy’s Edison S.p.A., are collaborating to address key challenges in transporting hydrogen via ultra-deep offshore pipelines.
Analysis: Japan Eyes Exit from Russian Gas Amid Sakhalin Decline, Rising LNG Rivals
As Japan's long-term contracts to secure liquefied natural gas (LNG) from Russia's Sakhalin-2 project near expiration, rival producers see opportunity to fill the supply gap, even as Tokyo looks to switch to cleaner energy, industry insiders say.
Russia's Yamal LNG Deploys Axios II Tanker for Trans-shipments in Barents Sea
Russia's Novatek-owned Yamal LNG plant has deployed the LNG tanker Axios II for ship-to-ship operations in the Barents Sea, LSEG data shows.
DOE Holds Up Louisiana LNG Approvals Pending FERC Reviews
The U.S. Department of Energy said on Tuesday it is not able to complete reviews of two liquefied natural gas projects in Louisiana until an independent regulatory body finishes its environmental assessments.
GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
In a Dec. 5 letter addressed to Governor Hochul, Republican lawmakers from New York and Pennsylvania expressed strong criticism of New York State's decision to block the Northern Access Pipeline, a $500 million natural gas infrastructure project.
Permian Resources Divests Reeves County Gathering Systems for $180 Million
Permian Resources Corp. has agreed to sell its natural gas and oil gathering systems in Reeves County, Texas, to Kinetik Holdings Inc. for $180 million in cash, pending post-closing adjustments.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- A Systematic Approach To Ensuring Pipeline Integrity
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- Cheniere Seeks FERC Approval to Expand Sabine Pass LNG Facility
