Business & Markets
Equinor Predicts New LNG Supply Delays Until 2027, Contradicting IEA Forecast
The global supply of new liquefied natural gas could take longer to come on stream than expected by the International Energy Agency, with predictions differing by a year or more, Norway's Equinor said on Tuesday.
Henry Hub Natural Gas Sets Single-Day Options Record Amid U.S. Cold Front
Henry Hub Natural Gas options reached a record 561,379 contracts on November 21, surpassing the previous high of 506,500 contracts set on November 14, 2018.
Vision RNG Signs 20-Year RNG Deal with Waste Connections in Nebraska
Once operational in 2027, the facility will inject the RNG into a nearby pipeline, providing transportation fuel and other sustainable energy solutions across the U.S.
Vivakor Completes Omega Pipeline Expansion in Oklahoma
Vivakor Inc. has finished expanding its Omega Pipeline System in Blaine County, Oklahoma. The project, which added two new gathering lines, was completed ahead of schedule and under budget.
BP Optimistic About Trump Presidency, Cites Faster Permitting
BP CEO Murray Auchincloss expressed optimism about the upcoming Trump presidency, expecting accelerated permitting and regulatory reforms to boost U.S. energy projects and infrastructure development.
CO2, Carbon Capture and What’s Next for Pipeline Construction
In the last two years, while the Biden administration has been embracing direct-air capture (DAC) hubs, Houston-based Occidental Petroleum Corp. (Oxy) and its one-time spinoff California Resources Corp. (CRC) have been leading increased industry interest in the transportation and storage of carbon in the transition to a zero-emissions energy world.
Midstream Prepares for Trump's Upcoming Regulatory Changes
This exclusive Pipeline & Gas Journal article examines the potential regulatory shifts under the Trump administration, with a focus on FERC's evolving role and potential changes to Biden-era policies.
Kazakhstan Plans Major Oil Export Boost via Turkey, Reducing Russian Reliance
Kazakhstan could sharply increase its crude oil exports out of Turkey's port of Ceyhan, its energy minister said on Monday, in a move that would reduce the more than 80% share of flows it currently sends via Russia.
EQT, Blackstone Forge $3.5 Billion Deal for Mountain Valley Pipeline Stake
(P&GJ) — EQT Corporation announced a $3.5 billion joint venture (JV) with Blackstone Credit & Insurance (BXCI) focused on midstream assets, including stakes in the Mountain Valley Pipeline (MVP) and the Hammerhead Pipeline.
Trump Plans Aggressive LNG Export Expansion, Offshore Drilling Push
Donald Trump is preparing an extensive energy plan prioritizing LNG export permits and accelerating offshore drilling. The initiative aims to lift Biden's LNG permit freeze and expand U.S. natural gas dominance.
Guyana’s Fulcrum LNG Pick Faces $30 Billion Financing Hurdles; Exxon’s Role in Question
Guyana’s choice of Fulcrum LNG, a U.S. startup, to develop its vast gas reserves faces uncertainty due to financing challenges. The $30 billion project may hinge on Exxon Mobil, which controls the nation's oil production.
Freeport LNG's Texas Facility to Resume Full Operation After Emissions Incidents
All three liquefaction trains at Freeport LNG's export plant in Texas were expected to be back in service on Monday, according to preliminary data from financial firm LSEG.
Optimizing Gas Analysis in Carbon Capture, Utilization and Storage
As the global demand for energy grows, so too does the need to transition toward sustainable energy sources. For many process manufacturers, carbon capture, utilization and storage (CCUS) is a central part of their efforts to reduce emissions of one of the most prevalent greenhouse gases (GHGs), carbon dioxide (CO2).
Eni Launches Second Floating LNG Unit for Congo, Set for 2025 Deployment
Italy's Eni launches its second floating LNG facility, Nguya FLNG, to boost Congo's liquefaction capacity to 3 MTPA by 2025, enhancing offshore LNG exports.
U.S. Reports 13.5 Tons of Deadly Gas Released at Pemex’s Texas Refinery Last Month
In October, Pemex's Deer Park refinery in Texas released 13.5 tons of deadly hydrogen sulfide gas, resulting in the deaths of two workers and injuries to 13 others. The U.S. Chemical Safety Board is investigating the incident, focusing on maintenance practices and emergency responses.
SGA Chair ‘Incredibly Bullish’ on Future of Natural Gas
Scott Hallam, who currently serves as Boardwalk’s president and chief executive officer, joined the organization in September 2023. He brings with him over two decades of upstream, midstream and downstream knowledge of the natural gas industry.
U.S. Natural Gas Prices Surge 5% on Surprise Storage Draw, Colder Forecasts
U.S. natural gas prices surged 5% due to an unexpected storage draw and colder weather forecasts, marking their highest point in a year. Rising LNG export demand also contributed to the price increase.
ADNOC Weighs Stake Sale in Gas Unit, Potential Multi-Billion Dollar Deal: Report
ADNOC is reportedly considering selling a 3-5% stake in its gas unit, potentially worth billions, amid strategic reviews. The deal could be announced soon, pending market conditions.
BP, Partners to Invest $7 Billion in Indonesia's Papua Carbon Capture Project
BP and partners will invest $7 billion in a carbon capture and gas project in Indonesia’s Papua region, potentially unlocking 3 trillion cubic feet of gas. The CO2 sequestration initiative aims to reduce emissions at BP’s Tangguh LNG facility.
Osaka Gas Says U.S. Sanctions on Gazprombank Won't Affect Russian LNG Purchases
Osaka Gas announced that U.S. sanctions on Russia's Gazprombank will not impact its LNG purchases from the Sakhalin 2 project. The Japanese utility clarified it doesn't use Gazprombank for transaction settlements.
Brunei LNG Begins Restart After Operational Disruption
Brunei LNG is safely restarting its facility after an "operational upset" caused a shutdown. The process may involve visible flaring and noise, which the company assures are controlled. The plant, partly owned by Mitsubishi and Shell, has a 7.2 million metric ton annual capacity.
Freeport LNG Liquefaction Train Shuts Down at Texas Export Plant After Malfunction
One of three liquefaction trains at Freeport LNG's export plant in Texas tripped offline on Wednesday, the company told state environmental regulators in a report on Thursday.
Progressive Pipeline Management Acquired by Platform Partners
PPM, known for its trenchless pipeline rehabilitation services, specializes in restoring aging natural gas distribution pipelines using cured-in-place-lining (CIPL) technology, which minimizes surface disruption.
Pennybacker Acquires Miami LNG, Appoints New Leader for Growth Push
Pennybacker Capital Management has completed its acquisition of a small-scale liquefied natural gas (LNG) business in Miami from New Fortress Energy.
Key Leadership Lessons from WGLC 2024: Chevron’s Kelley Henderson Highlights Mentorship
Reflecting on her career journey, Chevron's Kelley Henderson discussed five key leadership behaviors that she has found crucial for anyone’s path to becoming not only a leader, but a mentor.
Argentina's Vaca Muerta Gas Export Plans Face Major Hurdles
Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government's free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade.
Japan's MOL, KEPCO Sign First-Ever Agreement for Liquefied Hydrogen Carrier Study
Japan's Mitsui O.S.K. Lines and Kansai Electric Power Company have signed a memorandum of understanding for the joint study of a liquefied hydrogen carrier, the companies said in a joint statement on Tuesday.
WGLC 2024 Highlights Leadership Strategies for Women in Energy
The Women’s Global Leadership Conference celebrated its 20th year running as it kicked off on Nov. 19-20, once again bringing female leaders and industry experts from around the globe to discuss pressing concerns and shifts in the industry that are unique to the female experience.
Malaysia Regains Position as China's Second-Largest Crude Oil Supplier
Malaysia regained its position as the second-largest supplier of crude oil to China last month, data showed on Wednesday, with supplies rising 28% on year as independent refiners sought cheaper sanctioned oil amid Middle East supply concerns.
Nigeria Launches New Utapate Crude, Targets Doubling Output by 2025
Nigeria is seeking term customers for its new crude oil grade Utapate and is aiming to double output by the end of 2025 from 40,000 barrels per day, state-owned NNPC and venture partner Natural Oilfield Services said at the grade's official launch.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- 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
