Gas storage

Baker Hughes to Provide Coiled-Tubing Drilling for Dubai Gas Storage Project

The agreement expands Baker Hughes' role in the Margham project. The company is already supplying its Integrated Compressor Line (ICL) units for gas storage, injection, and export.

Sixth Street Adds California Gas Storage Facility with Caliche Acquisition

Sixth Street has expanded its underground gas storage portfolio with the acquisition of Central Valley Gas Storage in California, operated by Caliche Development Partners.

How Ukraine’s Gas Storage, Pipeline Network Could Boost U.S. LNG Under Trump

The U.S. administration suggested this week the United States could help run and possibly own Ukraine's power plants and energy infrastructure as part of a ceasefire deal with Russia.

China’s LNG Slowdown Frees Up Supply for Europe’s Depleted Gas Storage

China’s imports of liquefied natural gas have sputtered this year, freeing up volumes that are helping Europe restock its rapidly dwindling supplies following a harsh winter.

Northwind Puts 150 MMcf/d Gas Treating, Pipelines Into Service in New Mexico

Northwind Midstream Partners LLC has expanded its natural gas infrastructure in Lea County, New Mexico, with the addition of 150 MMcf/d of high-circulation amine treating capacity, two acid-gas disposal and carbon sequestration wells, 200 miles of large-diameter pipelines, and 41,750 horsepower of compression across five compressor stations.

Williams Cos. Eyes Expanding Natural Gas Infrastructure to Meet Surging Demand

Glenn Koch, vice president-project execution at Williams Co., exclusively discussed the growing demand for natural gas and the role of underground infrastructure in meeting energy needs during Pipeline & Gas Journal's Energy Pipelines Program. He highlighted significant increases in peak-day demand driven by the power sector and the rise of data centers.

Bakken Natural Gas Expansion Gains Momentum Amid Pipeline Projects

Bakken pipeline expansion is underway, with projects addressing capacity constraints—especially for natural gas. Kinder Morgan’s $640 million acquisition in the Williston Basin adds to the momentum.

Gazprom Neft Shifts NIS Stake to Gazprom Amid U.S. Sanctions Pressure

Russia's Gazprom Neft transferred stakes of around 5.15% in Serbia's NIS oil company to Gazprom, in an attempt to ward off U.S. sanctions that could result in crude supply cuts for the Balkan country.

Recent Cold Snap Led to Fourth-Largest U.S. Natural Gas Storage Withdrawal, EIA Says

The U.S. recorded its fourth-largest weekly natural gas storage withdrawal in mid-January as frigid temperatures drove up consumption, the EIA said. Stocks fell by 321 Bcf, nearly 70% above the five-year average, with inventories now 4% below historical levels.

Mexico Plans to Double Gas Storage Capacity Amid Trump Supply Fears

Mexico's government is looking to speed up plans to double its strategic natural gas storage capacity amid concern that U.S. President Donald Trump could use the country's dependence on U.S. gas as some form of leverage, three sources familiar with the matter said.

Europe Faces $6 Billion Gas Bill to Refill Shrinking Stocks After Winter Supply Plunge

Europe may have to buy at least 100 additional gas cargoes this summer, worth around $6 billion at today's prices, to replenish gas stocks after a plunge in storage levels this winter due to cold weather and a stoppage of Russian supply.

Vecino, DRW to Develop South Texas Gas Storage, 40-Mile Pipeline to Agua Dulce

Vecino Energy Partners and DRW Energy Trading have partnered to develop the Piedras Pintas Salt Dome in Duval County, Texas, aiming to bolster natural gas storage capacity and connectivity in South Texas.

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.

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.

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.

FERC Rejects Effort to Regulate Williams’ Gathering Line

(P&GJ) — The Federal Energy Regulatory Commission (FERC) just gave a big boost to interstate pipelines that are considering new connections between shale fields and customers.

Permian CO2 Storage Could Prove Problematic Due to Well Blowouts, Earthquakes

(Reuters) – Texas has seen surging interest from companies hoping to bury carbon dioxide in its oilfields, putting the state at the vanguard of a government-subsidized program to fight climate change.

Summit’s CO2 Pipeline Project Will Need Reassessment if Tax Credits Repealed, Attorney Says

(Reuters) – The Summit Carbon Solutions' massive carbon dioxide pipeline project proposal would need to be reassessed if the United States repeals tax credits for carbon capture and storage, a company attorney said on Thursday.

Acquisition of FSRU Independence Complete, Marking Milestone for Lithuania Gas Operations

KN Energies has completed its acquisition of the FSRU Independence from Höegh Evi. The Independence was commissioned by the Republic of Lithuania in 2014 and was engineered with regasification capacity to fully meet the country's gas needs.

U.S. Natural Gas Storage Volumes Highest Since 2016 as Winter Heating Season Starts

The United States started the winter heating season with the highest levels of natural gas in storage since 2016, the U.S. Energy Information Administration said.

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.

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.

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.

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.

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.

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.

LNG Feedgas to Louisiana’s Plaquemines Plant Drives U.S. Total to 10-Month High

Feedgas to U.S. LNG export plants is poised to hit a 10-month high, driven by record flows to Louisiana's Plaquemines LNG plant as testing continues ahead of its anticipated launch. The U.S. remains the world’s leading LNG supplier, with exports fueling demand growth globally.

ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion

(P&GJ) — ONEOK has agreed to sell its three wholly owned interstate natural gas pipeline systems—Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission—to DT Midstream for $1.2 billion in cash.

U.S. Natural Gas Prices Hit 5-Month High on Late-November Cold Snap Forecast

U.S. natural gas futures edged up about 1% on Tuesday to a five-month high, on forecasts for colder weather in late November that should boost heating demand and force utilities to start pulling gas from storage by the U.S. Thanksgiving Day holiday.

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