Gas

Revisiting the Biggest Midstream Stories of 2024

(P&GJ) – In this final issue of P&GJ for 2024, the staff – with more than a little help from our readers – takes a look back at the sometimes-frenzied year for pipeline construction that was 2024.

$3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region

Kinder Morgan's proposed $3 billion South System Expansion 4 project aims to add 1.3 billion cubic feet per day of natural gas capacity across 279 miles in the Southeast, enhancing energy supply for homes, businesses, and manufacturing.

Italy’s Gas Consumption Hits 15-Year Low in 2024, GME Reports

Italy's natural gas consumption fell to its lowest level in more than 15 years to 61.7 billion cubic meters in 2024, the country's power market manager GME said on Friday.

Mozambique’s President Rules Out LNG Contract Revisions with TotalEnergies, Exxon

Mozambique is not looking to review contract terms with energy majors like TotalEnergies and ExxonMobil who are planning multibillion-dollar liquefied natural gas projects in the country, its new president said on Friday.

Argentina Eyes Gas Imports from Bolivia, Chile Amid Heat Wave Demand Surge

Bolivia and Chile are in talks to restart gas exports to Argentina amid a surge in demand spurred by a summer heat wave, underscoring the challenge for the government in Buenos Aires as it looks to become energy self-sufficient.

Colonial Pipeline Restarts Gasoline Line After Georgia Leak Repairs

Colonial Pipeline restarted its main gasoline artery, which delivers fuel from the U.S. Gulf Coast to East Coast markets, on Friday after it was shut earlier this week due to a leak in Paulding County, Georgia.

Chevron, Brightmark Achieve First Gas Milestone at 10 Midwest RNG Plants

Brightmark RNG has achieved first gas production at 10 renewable natural gas (RNG) projects across Iowa, Michigan, South Dakota, Wisconsin, and Ohio. This milestone solidifies Brightmark’s position as a leading dairy RNG provider in the U.S.

East Texas Gas Storage Facility Begins Operations, Strengthening Texas Energy Grid

Trinity Gas Storage has started operations at its 24 Bcf gas storage facility in Anderson County, East Texas. This marks the first new greenfield gas storage facility in Texas in over a decade and aims to address supply and reliability issues exposed during Winter Storm Uri.

Trump Plans to End LNG Export Permit Renewals, Sources Say

U.S. President-elect Donald Trump plans to abolish the requirement for some producers of liquefied natural gas (LNG) to seek export permit renewals, according to two sources with knowledge of the plan.

FERC Approves Kinder Morgan’s $72 Million Texas-Louisiana Expansion

Known as the Texas-Louisiana Expansion Project, the initiative aims to bolster firm transportation service capacity by 467,000 dekatherms per day to meet surging demand in the Gulf Coast region.

Colonial Shuts Largest U.S. Gasoline Pipeline to Investigate Leak

Colonial Pipeline, the largest refined products pipeline operator in the United States, said on Tuesday it was responding to a report of a potential gasoline release in Paulding County, Georgia and that one of its mainlines was temporarily shut down.

Flowserve to Provide Dry Gas Seals for ADNOC’s Carbon Capture Project

Flowserve Corp. has secured a contract to supply Dry Gas Seals and Systems for a pioneering carbon capture project with the Abu Dhabi National Oil Company (ADNOC), the state-owned oil and gas entity in the UAE.

Pioneer Energy Wins $6 Million DOE Grant for Flare Gas-to-Methanol Technology

Pioneer Energy has secured a $6 million grant from the U.S. Department of Energy (DOE) to adapt and demonstrate Emvolon’s gas-to-methanol technology aimed at reducing flaring and emissions in the oilfield. The demonstration will take place at an oil and gas facility in the Eagle Ford region of Texas.

Freeport LNG Gas Flows Decline to One-Month Low in Texas

The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to fall to a one-month low on Monday, according to data from financial firm LSEG.

Kinder Morgan Acquires Gas Gathering, Processing System in Bakken for $640 Million

Houston-based Kinder Morgan Inc. has announced plans to acquire a natural gas gathering and processing system in North Dakota’s Williston Basin from Outrigger Energy II LLC for $640 million.

Venture Global to Target $110 Billion Valuation in IPO Pitch Next Week

Venture Global LNG will begin formally pitching investors next week for its highly anticipated initial public offering, with the second-largest U.S. producer of liquefied natural gas aiming to secure a non-diluted valuation of as much as $110 billion, documents show.

Constellation Energy to Buy Calpine in $16.4 Billion Power Industry Mega-Merger

U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately-held natural gas and geothermal company Calpine Corp. for $16.4 billion, marking one of the biggest acquisitions in the history of the U.S. power industry.

Britain’s Gas Storage Worries Rise as Levels Dip to Less Than a Week's Supply, Centrica Warns

Britain's gas storage levels are worryingly low, with less than a week's worth of gas in storage after a cold snap, energy company Centrica said on Friday while the government said there was no need for concern.

AGDC and Glenfarne to Develop $44 Billion Alaska LNG Project, Including 807-Mile Pipeline

The Alaska state's Alaska Gasline Development Corporation (AGDC) entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project, an AGDC spokesperson said on Friday.

TotalEnergies to Pay $5 Million in U.S. FERC Natural Gas Manipulation Settlement

A unit of French energy company TotalEnergies agreed to pay $5 million to settle claims by U.S. energy regulators that it and some of its traders allegedly manipulated the natural gas market in 2009-2012.

EnCap Flatrock Midstream Nets $800 Million in Plains All American Transactions

EnCap Flatrock Midstream (EFM) has finalized agreements to sell Ironwood Midstream Energy Partners II and its Plains Series A Preferred Units to Plains All American for over $800 million in cash.

Diversified Energy Expands Midstream Assets in Appalachia with $45 Million Acquisition

Diversified Energy Company PLC has announced a $45 million acquisition of natural gas properties and midstream facilities in Virginia, West Virginia, and Alabama. The assets were purchased from Summit Natural Resources and are expected to close during the first quarter of 2025.

Central Europe Adjusts Gas Flows as Ukraine Transit Halts

Central European gas flows have adapted to the halt of Russian supplies through Ukraine on Jan. 1, as increased shipments to the region from Germany and Italy make up the shortfall, data from network operators showed on Monday.

Inpex Restores Typhoon-Damaged Gas Pipelines in Japan

Inpex Corp. has completed restoration work on its natural gas trunk pipeline network in Japan, addressing damage caused by Typhoon Hagibis in October 2019.

Delek Logistics Closes $285 Million Gravity Water Acquisition

Delek Logistics Partners LP has completed its $285 million acquisition of Gravity Water Intermediate Holdings LLC, expanding its midstream capabilities in the Permian Basin.

PacificLight Power Gets Nod for Hydrogen-Ready Gas Power Plant in Singapore

PacificLight Power (PLP) said on Friday it has received approval from the Singapore government to build a new hydrogen-fueled gas power plant on Jurong Island.

Pembina Completes Kaybob Complex Acquisition, Expands Infrastructure in Karr and Gold Creek Areas

Pembina Pipeline Corp. has completed the acquisition of a 50% working interest in Whitecap Resources Inc.'s 15-07 Kaybob Complex located in Alberta, Canada, as announced by Pembina Gas Infrastructure Inc.

EQT Finalizes $3.5 Billion Midstream JV with Blackstone Credit

EQT Corp. has completed the formation and funding of its midstream joint venture (JV) with Blackstone Credit & Insurance (BXCI), the company announced on Dec. 30.

BP's GTA Project Delivers First Gas for Senegal and Mauritania

The Greater Tortue Ahmeyim (GTA) gas project developed by BP and partners has produced its first gas from an offshore field in Senegal and Mauritania, the two countries' energy ministries said.

Russian Gas Era in Europe Ends as Ukraine Stops Transit

Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy markets.