Business & Markets
Venture Global to Start Contract Sales at Calcasieu, Extend Spot Strategy to New LNG Plant
Venture Global is preparing to start contract LNG deliveries from its Calcasieu Pass terminal, ending years of spot market sales during commissioning. The company plans to repeat its lucrative spot sales strategy at its new, larger Plaquemines LNG facility.
Colombia Considers Long-Term Gas Imports to Ease Deficit, Cut Prices
The Colombian government could tie up long-term gas import contracts in a bid to cover its energy deficit and lower prices, Mines and Energy Minister Edwin Palma said on Friday.
U.S. Energy Secretary Says Iran’s Oil Exports Can Be Stopped Under Trump Plan
U.S. Energy Secretary Chris Wright said the U.S. could stop Iran’s oil exports under President Trump’s renewed pressure campaign, citing the ability to track and block shipments as part of a broader strategy to prevent a nuclear-armed Iran.
PDVSA Suspends Oil Loading Approvals for Chevron, Disrupting Exports, Sources Say
Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S.-based producer Chevron to load and export Venezuelan crude in April, three sources with knowledge of the decision said on Thursday.
Control Rooms Crucial to Pipeline Compliance Operations
In 2007, the Pipeline Hazardous Materials Safety Administration (PHMSA) released a Notice of Preliminary Rule Making (NPRM), known as the Control Room Management (CRM) rule. Since the CRM rule went into full effect in 2012, pipeline operators have seen significant transformation in the control room operation.
Venezuela Declares Economic Emergency as U.S. Crude, Gas Export Sanctions Hit
Venezuela's national assembly on Thursday passed a decree proposed by President Nicolas Maduro's government to declare a state of economic emergency in response to U.S. sanctions and tariffs.
TC Energy Pipeline Strike in Michigan Causes Gas Outage, Repairs Underway
TC Energy is responding to a third-party line strike that damaged a section of its ANR Pipeline System near Fennville, Michigan, on Wednesday afternoon, causing a gas outage in the area.
Cedar LNG Selects Contractor, Prepares for Pipeline Construction
Cedar LNG has selected Ledcor Haisla Limited Partnership (LHLP) to construct the pipeline component of its liquefied natural gas project near Kitimat, British Columbia.
Energy Transfer, MidOcean Agree to Jointly Develop Lake Charles LNG
U.S. pipeline operator Energy Transfer said on Wednesday it entered into a nonbinding agreement with MidOcean Energy to jointly develop the Lake Charles LNG export facility in Louisiana.
Mubadala Energy Invests in U.S. Gas, LNG Projects via Kimmeridge Deal
Mubadala Energy, an arm of one of Abu Dhabi's sovereign wealth funds, has signed a deal with energy investor Kimmeridge that will give it stakes in gas assets in the United States, marking its entry into the market as part of its growth plans.
Indonesia to Divert LNG Cargoes to Domestic Buyers, Cut Pipeline Exports to Singapore
Indonesia's upstream oil and gas regulator SKK Migas will during April and May divert five export cargoes of liquefied natural gas to domestic buyers, its chief said on Wednesday.
Taiwan Plans $200 Billion in U.S. Purchases, Boosts LNG Imports in Trade Talks
Taiwan state-backed bodies could buy an extra $200 billion from the United States over the next decade and bump up the percentage of LNG it gets from the county by one-third to help narrow the trade deficit, the economy minister said on Thursday.
Keystone Oil Pipeline Remains Shut After North Dakota Spill
The Keystone oil pipeline remains shut following a spill near Fort Ransom, North Dakota, with operator South Bow assessing return-to-service plans. The shutdown has raised concerns over crude supply disruptions to U.S. refineries.
Analysis: U.S. Refiners Unlikely to Spend Big to Process More Domestic Oil
U.S. refiners are holding off on costly upgrades needed to process more domestic light crude, citing long timelines, high costs, and regulatory uncertainty—posing a challenge to U.S. energy expansion plans.
Musk’s xAI Doubled Gas Turbines at Tennessee Data Center Without Permits, Groups Say
Elon Musk’s xAI allegedly installed more gas turbines at its Tennessee data center without proper permits, potentially violating the Clean Air Act, according to local environmental groups. The expanded operations may make xAI a top pollution source in Memphis.
Caspian Pipeline Resumes Partial Kazakh Oil Loadings After Russian Court Ruling
The Caspian Pipeline Consortium resumed loading oil at one of two previously shut Black Sea's moorings, it said on Wednesday, after a court lifted restrictions placed on the Western-backed group's facility by a Russian transport regulator.
Azerbaijan Threatens to Shift Gas Exports Without EU Policy Changes
The European Union must reassess its financing and policies on long-term contracts if it wants to keep importing natural gas from Azerbaijan, President Ilham Aliyev said on Wednesday, adding Baku may seek other export markets instead.
LNG Canada Begins Final Cooldown Ahead of First Exports
LNG Canada is the country's first LNG export facility and when completed is expected to produce 14 million metric tonnes per annum (MTPA) for export.
CF Industries, JERA, Mitsui to Build $4 Billion Low-Carbon Ammonia Plant in Louisiana
CF Industries has formed a joint venture with Japan’s JERA and Mitsui & Co. to build a $4 billion low-carbon ammonia production facility at the company’s Blue Point Complex in Louisiana.
Chinese Importers Resell U.S. LNG as Tariffs, Weak Demand Weigh
Chinese LNG buyers are reselling U.S.-sourced cargoes to Europe as rising tariffs and weak domestic demand make imports unviable. The trend is expected to grow as new long-term contracts with Venture Global take effect.
Why Czechia Won’t Quit Russian Oil Despite Infrastructure Alternatives
Czechia has the infrastructure, reserves, and access to alternative suppliers to eliminate its Russian oil imports. Yet, three years into Russia’s full-scale invasion of Ukraine, the Czech Republic continues to delay this strategic shift, despite the availability of viable alternatives.
NextDecade Signs 20-Year LNG Deal with Aramco Tied to Train 4 FID
NextDecade has signed a 20-year agreement with a Saudi Aramco subsidiary to supply 1.2 million tonnes per annum of LNG from its Rio Grande facility. The deal is contingent on a final investment decision for Train 4.
Mexico Weighs Increasing Fracking to Cut U.S. Pipeline Gas Dependence
Mexico is exploring a potential expansion of fracking to reduce its reliance on U.S. natural gas imports, which currently meet 72% of its demand. Most of the imported gas is delivered via pipeline from the Permian and Eagle Ford Basins.
FERC Approves 122-Mile Ridgeline Gas Pipeline Expansion in Tennessee
FERC has approved Enbridge subsidiary East Tennessee Natural Gas's $1.1 billion, 122-mile Ridgeline Expansion Project to supply TVA's new power plant in Tennessee with up to 300,000 Dth/day of natural gas.
Occidental, 1PointFive Secure First EPA Permits for CO₂ Storage from Texas DAC Facility
Occidental and 1PointFive secured the first EPA Class VI permits to store carbon dioxide from their STRATOS Direct Air Capture facility in Texas, marking a milestone in carbon sequestration technology.
India, UAE to Build Sri Lanka Energy Hub with Pipeline, Storage Infrastructure
The energy hub in the strategically important city of Trincomalee, a natural harbor in the Sri Lanka's east, will involve construction of a multi-product pipeline and may include using a World War Two tank farm partly held by the Sri Lankan subsidiary of Indian Oil Corp.
Kazakh-Russian CPC Oil Exports via Black Sea Trimmed for April
Black Sea CPC Blend oil exports for April were revised down to 1.6 million barrels per day, or 6.2 million metric tons, from 1.7 million bpd in the preliminary plan, two sources said on Monday.
Oil Prices Slide 2% to Nearly 4-Year Low as U.S. Trade Conflict Fuels Recession Fears
Oil prices slid 2% to a nearly four-year low on Monday on worries U.S. President Donald Trump's latest trade tariffs could push economies around the world into recession and reduce global demand for energy.
Australia's Woodside Sells Louisiana LNG Stake to Stonepeak for $5.7 Billion
Woodside Energy has sold a 40% stake in its Louisiana LNG project to U.S. infrastructure firm Stonepeak for $5.7 billion, reducing capital costs and advancing toward a final investment decision.
Traverse Pipeline Approved to Move 1.75 Bcf/d of Gas Along 160-Mile South Texas–Katy Route
WhiteWater and partners MPLX LP, Enbridge Inc., and Targa Resources Corp. have reached a final investment decision (FID) to build the bi-directional Traverse Pipeline.
- 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
