Gas storage

New 580-Mile Texas Pipeline Eases Bottlenecks, Boosts Shale Gas and Oil Output

The Matterhorn Express pipeline, the first new natural gas pipeline in the Permian Basin in three years, is alleviating gas bottlenecks and boosting oil production by freeing up gas flow to Gulf Coast export hubs. This new capacity is expected to significantly increase shale output in west Texas.

Snam to Invest $16 Billion to Ready Gas Grid for Green Fuels, Hydrogen, Biomethane

Italian gas operator Snam plans to invest $15.8 billion to prepare its infrastructure for green fuels like hydrogen and biomethane, as part of its energy transition strategy. The company aims to repurpose much of its network to support decarbonization efforts across Europe.

Venture Global Delays LNG Deliveries to Italy's Edison Until 2025

Italian energy group Edison said on Monday that U.S. gas exporter Venture Global LNG told it not to expect contract cargoes from its Louisiana export facility until April 2025.

TotalEnergies Expands LNG Bunkering Fleet with New Vessel Charter

TotalEnergies has signed a charter contract with Spanish shipowner Ibaizabal for a new liquefied natural gas (LNG) bunkering vessel, increasing the company’s global LNG bunkering capacity.

Canadian Natural Gas Producers Flood Market With Surplus, Tempering LNG Price Boost

A huge liquefied natural gas export terminal led by Shell, called LNG Canada, may struggle to dramatically raise Canadian natural gas prices when it starts operating next year because a flood of pent-up supply is waiting to hit the market, analysts said.

FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer

(P&GJ) — FERC has sided with Williams in a dispute with Energy Transfer, ruling that the Louisiana Energy Gateway project is a gathering network, not subject to federal jurisdiction. This clears the way for Williams to proceed with the project without regulatory oversight under the Natural Gas Act.

Tellurian Shareholders Approve $1.2 Billion Acquisition by Woodside

Tellurian shareholders have approved the proposed $1.2 billion acquisition by Woodside Energy, which includes the U.S. Gulf Coast Driftwood LNG export project. The deal aims to address Tellurian's financial challenges following setbacks and cancelled supply agreements.

Japan Becomes Top Buyer of LNG from Russia's Sakhalin 2

Japan is currently the biggest importer of liquefied natural gas (LNG) from Russia's Sakhalin 2 plant accounting for 57.5% of its exports, Interfax news agency quoted a company senior manager as saying on Thursday.

Australia's Santos and TotalEnergies Ink Mid-Term LNG Supply Deal

Santos has signed a mid-term liquefied natural gas (LNG) supply agreement with TotalEnergies' Singapore unit. The three-year contract, starting in late 2025, will see Santos supply up to 500,000 tons of LNG annually, further strengthening its LNG portfolio in the region.

Shell Expands Gas Distribution Network in Nigeria

Shell plc’s Nigerian business, Shell Nigeria Gas (SNG), has struck a deal with a regional government in the country to develop a new gas distribution network to boost consumption by commercial and industrial entities for increased business performance.

Finland and Estonia Form Pact to Strengthen Underwater Energy Assets

Finland and Estonia have signed an agreement to strengthen cooperation in protecting and repairing critical underwater energy infrastructure, including the Balticconnector gas pipeline. This partnership aims to enhance energy security and stabilize prices for both countries.

EU, NATO Step Up Fight Against Sabotage of Gas Infrastructure

Safeguarding European energy and gas infrastructure against sabotage and cyberattacks will be one of the top priorities for NATO and the EU institutions over the coming years as the Nord Stream attacks have altered the energy security landscape for good.

TotalEnergies Buys More Gas Assets in Texas to Boost Value Chain

France's TotalEnergies expands its natural gas footprint in the United States through a deal reached with Lewis Energy Group to acquire a 45% stake in some dry gas producing assets in the Eagle Ford basin in Texas.

Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project

KBR has announced that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.

Kimmeridge to Reduce Stake in Louisiana LNG Project to 51% After FID, CEO Says

Energy investment firm Kimmeridge Energy Management plans to reduce its stake in a Louisiana liquefied natural gas (LNG) export project to 51% down from 100% after it reaches FID next year.

Trafigura to Appoint Richard Holtum as New CEO Next Week - FT

Commodity trader Trafigura plans to name Richard Holtum as its new chief executive as soon as next week, the Financial Times reported on Friday, citing people briefed about the matter.

Glencore Signs 20-Year LNG Supply Deal with Commonwealth LNG, Kimmeridge

Commodities giant Glencore has signed a non-binding agreement to buy 2 million tonnes per annum of liquefied natural gas from Commonwealth LNG along with equivalent natural gas supply from Kimmeridge Texas Gas.

TotalEnergies Extends CNOOC LNG Deal by Five Years

France's TotalEnergies said on Thursday it has extended an agreement with China's CNOOC by five years that will see it deliver 1.25 million tons of LNG per year until 2034.

Saudi Aramco Aims to Become Major LNG Player, Says Gas Chief

The world's largest oil producer, Saudi Aramco, wants to become a major liquefied natural gas player, the head of its natural gas business said on Tuesday.

Woodside Energy Eyes Partners for Driftwood LNG, CEO Says

Woodside Energy is in discussions with onshore U.S. gas producers, pipeline companies and companies that share its outlook and view of liquefied natural gas to partner with its Driftwood LNG project, company CEO Meg O'Neill said on Monday.

Saipem Secures $4 Billion Offshore Contract with QatarEnergy to Boost LNG Production

Italian energy engineering group Saipem SPMI.MI said on Sunday it had won an offshore contract worth $4 billion from QatarEnergy, one of the world's top suppliers of liquefied natural gas (LNG).

BKV Aims to Raise Up to $315 Million in U.S. IPO

Natural gas producer BKV Corporation said on Monday it plans to raise up to $315 million in its initial public offering in the United States.

LNG Buyers Warn of U.S. Supply Risks After Export Permit Pause

Major buyers of liquefied natural gas (LNG) flagged risks of purchasing cargoes from the U.S. following the decision by the Biden administration to pause export permits of the superchilled fuel to non-Free Trade Agreement countries.

NextDecade Vows Legal Battle to Keep Rio Grande LNG on Track

NextDecade will appeal this month to a federal court ruling that overturned the Federal Energy Regulatory Commission's approval of the initial phase of its $18.4 billion Rio Grande LNG project, CEO Matthew Schatzman said on Monday.

Amigo LNG Signs Deal to Supply Oman's OQ Trading from Mexico Facility

The Amigo LNG facility is a large-scale project on Mexico’s west coast, capable of producing 7.8 million tonnes per annum of LNG. It is being developed in partnership with the State of Sonora and the Port of Guaymas.

Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal

Williams' Transco has applied for a temporary emergency certificate from FERC to continue operating its new $1 billion natural gas project running through five mid-Atlantic states after the regulator's approval was vacated.

U.S. Regulators Approve Startup Preparations for Plaquemines LNG Plant in Louisiana

Federal regulators on Friday gave Venture Global LNG permission to begin preparations for the start-up of liquefied natural gas equipment at its Plaquemines export plant in Louisiana, taking a step closer to first LNG production for the facility, about 20 miles south of New Orleans.

Voyager Midstream Snaps Up 550 Miles of Gas Pipelines in Key Haynesville Deal with Phillips 66

(P&GJ) — Voyager Midstream, backed by Pearl Energy Investments, has acquired natural gas gathering and processing assets from Phillips 66 in East Texas and North Louisiana, placing it strategically in the Haynesville Shale region.

New Fortress Energy Approved to Export LNG from Mexico to Non-FTA Countries

New Fortress Energy has received authorization from the U.S. Department of Energy to export LNG from its offshore Altamira-based plant in Mexico to non-free trade agreement countries.

U.S. LNG Exports Surge in August as Freeport LNG Output Recovers

Exports of U.S. LNG bounced higher in August as output from the country's second-largest export facility rose following an outage and maintenance activities at other plants wound down, LSEG data showed on Tuesday.