Gas storage

Texas LNG Expands Offtake Capacity with EQT, Nears Full Permitted Capacity

Texas LNG, a planned four MTPA LNG export terminal in the Port of Brownsville, Texas, has broadened its partnership with EQT by securing a second natural gas liquefaction services agreement for an additional 1.5 MTPA of LNG over 20 years.

Equinor's Hammerfest LNG Plant Shuts Until Friday After Gas Leak

Equinor's Hammerfest LNG plant in Arctic northern Norway was evacuated on Tuesday because of a gas leak during maintenance and will remain offline until Friday at least, the company said.

MidOcean Energy Acquires 20% Stake in Peru's First LNG Export Facility

PLNG's assets encompass a natural gas liquefaction plant boasting a processing capacity of 4.45 MTPA, along with a fully-owned 254-mile (408 km) pipeline capable of handling 1,290 MMcf/d.

Kistos Completes Acquisition of UK Onshore Gas Storage Assets

The acquisition includes two onshore gas storage facilities in the UK, Hill Top Farm and Hole House Farm, at a total cost of $31 million funded from existing cash resources.

U.S. Natural Gas Flows to Texas Freeport LNG Export Plant Rise on Monday

The amount of natural gas flowing to Freeport LNG's liquefied natural gas (LNG) export plant in Texas was on track to rise for a second day in a row on Monday, according to data from financial firm LSEG.

Technip Energies Secures Contract for TotalEnergies and OQ's Marsa LNG Project in Oman

Technip Energies, has been awarded a substantial contract by TotalEnergies and OQ for the Marsa LNG bunkering project located in Sohar, Oman.

TotalEnergies to Acquire Full Ownership of SapuraOMV, Expanding Gas Operations in Malaysia

TotalEnergies has entered into an agreement with Sapura Upstream Assets Sdn Bhd to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn for $530 million.

TC Energy Receives FERC Approval for Northwest Xpress Gas Pipeline Expansion Despite Opposition

(P&GJ) — TC Energy's plan to expand the capacity of its Gas Transmission Northwest Express pipeline by 150 million cubic feet per day (MMcf/d) received the green light from the Federal Energy Regulatory Commission on April 16.

First Tanker Arrives at Troubled Freeport LNG Export Plant After 11-Day Hiatus

The first liquefied natural gas tanker to dock at Freeport LNG's gas liquefaction plant in 11 days arrived on Saturday, vessel tracking data from financial firm LSEG showed.

Permian Natural Gas Prices Plummet to 15-Month Low Amid Lingering Negative Territory

Natural gas in the Permian and across the U.S. has been oversupplied following a warmer-than-expected winter, offtake constraints, and operational issues at a major LNG plant in Texas.

Japanese Consortium Invests $370 Million in I Squared Capital's India Gas Platform

A Japanese consortium will invest $370 million to acquire a minority stake in a platform that invests in companies developing city gas distribution networks in India, global infrastructure investor I Squared Capital said on Monday.

EQT and Equinor Strike Mega Deal: Swapping Onshore Assets in Pennsylvania

EQT will sell 40% interest in its non-operated natural gas assets in northeast Pennsylvania to Equinor USA in exchange for Equinor's onshore asset in the Appalachian basin and $500 million in cash, the companies said on Monday.

U.S. Natural Gas Prices Surge to 5-Week High on Freeport LNG Feedgas Increase, Output Decline

U.S. natural gas futures edged up about 1% to a five-week high on Wednesday on an increase in feedgas to the Freeport LNG export plant and a drop in output as pipeline maintenance trapped gas in Texas and producers continued to reduce drilling activities after prices collapsed to 3-1/2-year lows earlier this year.

DeLa Express’ 690-Mile Permian-to-Louisiana Gas Pipeline Seeks FERC Approval, Targets 2028 Launch

(P&GJ) — DeLa Express LLC, an affiliate of Moss Lake Partners, has formally requested FERC approval to initiate the Pre-Filing Review Process for the proposed DeLa Express Project—a 690-mile natural gas pipeline aiming to transport gas from production sites in the Delaware Basin, Texas, to markets around Lake Charles, Louisiana.

Shell Seeks Longer U.S. License Before Committing to Venezuela Gas Project

Oil major Shell is seeking a long-term license from the U.S. before making a final investment decision on the Dragon natural gas project in Venezuela, four people familiar with the matter said.

Enterprise Expands Permian Operations with New 300 MMcf/d Gas Processing Plant

Enterprise Products Partners will build a natural gas processing plant in Texas to expand its operations in the Permian Basin, the U.S. energy firm said on Wednesday.

Cheniere's Reduced Output Leads to Decline in U.S. LNG Demand

There was a significant decline on Tuesday in the amount of U.S. natural gas being liquefied for export with a drop in demand from Cheniere Energy's Corpus Christi plant in Texas and its Sabine Pass operation in Louisiana, according to data from financial firm LSEG.

GCL Revives Gas Business After Offloading Solar, Sets Sights on LNG Ambitions

Privately-run Chinese power company GCL Holdings is rebuilding a natural gas business after offloading hundreds of solar installations to set up gas import capacity and a trading operation, company executives told Reuters.

Mitsui Invests $740 Million in Developing Vietnam Gas Field

Japanese trading house Mitsui & Co. said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 million.

MidOcean Energy Completes Acquisition of Tokyo Gas’ Australian LNG Interests

MidOcean Energy, managed by EIG, a prominent investor in the energy and infrastructure sectors, has finalized its acquisition of Tokyo Gas’ interests in a suite of Australian integrated LNG projects.

SEFE Acquires Full Stake in WIGA from Wintershall Dea

WIGA holds sole ownership of German regulated gas transmission system operators GASCADE Gastransport GmbH and NEL Gastransport GmbH.

Takeaway on Upswing in Permian, Haynesville

According to Pipeline & Gas Journal’s recent construction report a total figure of 19,832 miles of pipeline either planned or under construction in North America.

CPS Energy to Acquire Gas Plants from Talen Energy for $785 Million

Utility firm CPS Energy said on Wednesday it would buy natural gas plants in Corpus Christi and Laredo in Texas from Talen Energy for $785 million.

U.S. Gas Producers Optimistic Amidst Low Prices, Banking on LNG Expansion

Energy executives say they are looking past current ultra-cheap gas prices and betting on a coming wave of new LNG plants to lift demand — and prices — for the fuel.

Addressing Challenges in Carbon Capture, Storage Deployment

While the use of renewables, improved energy efficiency and electric vehicles are areas of focus, oil and natural gas will continue to be in demand for petrochemicals and fueling transportation by land, sea and air.

Summit Midstream Exits Utica Shale in $625 Million Deal with MPLX

Pipeline operator Summit Midstream Partners said on Friday it would sell its Utica assets to a unit of midstream company MPLX LP for about $625 million in cash.

Petronas Begins Construction of Floating LNG Facility for Argentina's Gas Exports

Malaysia's state energy firm Petronas has begun the construction of a floating liquefied natural gas (FLNG) processing unit to be placed off the coast of Argentina, which aims to begin exports by 2027.

Williams Plans Expansion of Gas Pipeline Network in Virginia

Pipeline operator Williams Cos. is preparing for a major expansion of its pipeline network in the Southeastern United States. This expansion will increase the capacity of the Transcontinental pipeline network, which spans approximately 10,000 miles from Texas to New York.

Enstor Seeks FERC Approval to Double Capacity of Mississippi Hub Natural Gas Storage Facility

Enstor Gas LLC has submitted an application to FERC through its affiliate, Mississippi Hub LLC, for an expansion of its natural gas storage facility located in Simpson County, Mississippi.

TC Energy to Sell 470-Mile British Columbia Gas Pipeline to Ksi Lisims LNG Partners

The pipeline project, which TC will sell to Ksi Lisims co-developers Nisga'a Nation and Houston-based Western LNG, is permitted to move up to 3.6 billion cubic feet of natural gas per day across British Columbia.