Business & Markets
Guyana’s $2 Billion Gas-to-Energy Project Secures Initial U.S. Loan Support
Guyana’s $2 billion gas-to-energy project has secured preliminary approval for a $500 million U.S. ExIm Bank loan guarantee. The project, including a 300-MW power plant and gas processing facility, aims to cut power costs by 50%.
U.S. LNG Natural Gas Demand Nears Record Level
U.S. LNG export facilities are driving natural gas demand close to record highs, reaching 14.6 Bcf—just shy of December 2023's peak. Increased output from key plants like Freeport and Cheniere boosts U.S. global energy impact.
Woodside Targets Partnership Deals for Louisiana LNG Project by Early 2025
Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, its CEO told Reuters.
Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
Originally proposed by Canadian firm TC Energy in 2010, the project faced repeated policy shifts: rejected under President Obama in 2015, approved by Trump in 2017, and canceled again by President Biden in 2021.
Austrian Expert: OMV Could Legally End Gas Contracts with Gazprom
An Austrian legal expert suggests OMV could legally terminate its gas supply contract with Gazprom, citing contractual defaults and Swedish law provisions, amid ongoing disputes and halted supplies.
Brazil, Argentina Secure Deal with Bolivia's YPFB for Vaca Muerta Gas Transport
Brazil and Argentina have signed a deal with Bolivia's YPFB to transport natural gas from Argentina's Vaca Muerta shale formation to Brazil, marking a step toward regional energy integration amid shifting supply dynamics.
Goldman Warns Asia LNG Prices May Surge Due to European Gas Crunch
Goldman Sachs warns that Asia's LNG prices could surge above $20/MMBtu if European gas supply tightens this winter, driven by competition for limited resources and potential Russian flow disruptions.
Wood to Design DeLa Express Pipeline Linking Texas to Louisiana
Wood has been awarded the front-end engineering design (FEED) for a long-haul, large-diameter, liquids-rich natural gas pipeline project in the United States.
EIA Report Warns of Tighter Global Natural Gas Supply This Winter
The EIA report warns that the global natural gas supply may tighten this winter, with colder temperatures and potential disruptions to pipeline flows and LNG supplies.
Cheniere Energy Gains FERC Approval to Introduce Gas at Corpus Christi Stage 3 Expansion
Federal regulators on Wednesday gave Cheniere Energy permission to introduce natural gas into its Corpus Christi expansion project, a document showed.
Clean Energy, LA County Open Expanded RNG Station in Carson
Clean Energy and Los Angeles County have opened an expanded renewable natural gas (RNG) fueling station in Carson, California, powered by pipeline-supplied RNG.
TC Energy, Hanwha Power Systems Partner on sCO2 Power Generation Project
TC Energy has signed a Memorandum of Understanding (MOU) with Hanwha Power Systems to develop a supercritical carbon dioxide (sCO2) waste heat recovery (WHR) project at one of TC Energy’s natural gas compressor stations in West Virginia.
U.S. Natural Gas Prices Drop 6% Amid Lower Heating Demand, Mild Weather Forecasts
U.S. natural gas futures fell about 6% on Wednesday on rising output and forecasts for less cold weather and lower heating demand over the next two weeks than previously expected.
FERC Approves Texas-Louisiana Expansion Project by Kinder Morgan Subsidiary
(P&GJ) — The Federal Energy Regulatory Commission has approved the Texas-Louisiana expansion project, filed by Natural Gas Pipeline Co. of America, a Kinder Morgan subsidiary, according to a FERC filing on Nov. 21.
U.S. Oil Firms Unlikely to Go 'Drill, Baby, Drill' Under Trump, Says Exxon Executive
U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.
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.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
