Gas storage
Diversified Acquires East Texas Gas Assets, Including 500 Miles of Pipelines, for $106 Million
Diversified Energy Company has agreed to buy natural gas assets, including over 500 miles of pipelines and compression facilities, in eastern Texas from Crescent Pass Energy for $106 million.
Bulgaria Initiates Arbitration Against Gazprom Over Gas Contract Breach
Bulgarian state gas company Bulgargaz EAD has started arbitration proceedings against Russia's Gazprom Eksport OOO, seeking compensation of $432.76 million for breach of contract in 2022, the company said on Tuesday.
U.S. Natural Gas Output to Decline in 2024, While Demand Rises to Record High, EIA Says
U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook on Tuesday.
Freeport LNG Gas Flows Hit Near Zero During Hurricane Beryl
During Hurricane Beryl, natural gas flows to Freeport LNG's export plant in Texas plummeted to near zero, impacting U.S. LNG exports.
Largest Texas Ports Close; Enbridge Activates Emergency Plans, Kinder Morgan Shuts Facilities as Hurricane Beryl Nears
Largest Texas ports close as Hurricane Beryl nears, affecting Enbridge and Kinder Morgan operations. The companies implemented emergency plans and facility shutdowns ahead of the storm's landfall on the Texas coast.
Elevation Midstream and ARB's Platte River Merge to Lead DJ Basin Consolidation
The Platte River assets include more than 200 miles of crude gathering and transmission pipelines and offer multi-market optionality to customers via the Platteville and Lucerne Terminals.
Petronas Boosts LNG Fleet Ahead of LNG Canada Start-Up
The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.
Billionaire Carlos Slim's Grupo Carso Partners with Pemex on Natural Gas Project
Grupo Carso, the Mexican holding company controlled by the family of Mexican mogul Carlos Slim, said on Friday that it has signed an exploration and extraction services contract with state oil firm Pemex for the stalled Lakach natural gas project.
Australian Regulator Warns of East Coast Gas Shortage by 2027
Australia's east coast could face gas shortages from 2027, a year earlier than initially forecast, the country's competition regulator said on Friday, as it called for an urgent need to develop new sources of production and supply.
ADNOC Explores Potential Bid for Australian Gas Giant Santos, Sources Say
Abu Dhabi National Oil Company (ADNOC) is in the preliminary stages of exploring a possible bid for Australian gas supplier Santos, two people with knowledge of the plans said, speaking on condition of anonymity.
Oglethorpe Power Acquires Natural Gas Plant in Georgia
Oglethorpe Power has acquired Walton County Power, a 465-megawatt natural gas-fired plant in Monroe, Georgia. This acquisition is part of Oglethorpe Power's strategy to enhance its generation portfolio with efficient and lower-carbon emitting natural gas and nuclear energy.
Venture Global Seeks Approval to Fuel Generator at Louisiana LNG Plant
U.S. liquefied natural gas company Venture Global LNG sought permission on Wednesday from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator.
Turkmenistan Signs Deal to Supply Gas to Iraq Through Iran Swap Agreement
Turkmenistan has signed a swap deal with Iran under which Ashgabat will sell 10 billion cubic meters of natural gas a year to Iraq, the Turkmen government said on Wednesday.
Texas Governor Seeks $10 Billion for New Natural Gas Plants
Texas Governor Greg Abbott and Lieutenant Governor Dan Patrick said on Monday they will seek to expand the Texas Energy Fund program to $10 billion to build more natural gas plants to meet the state's growing demand for electricity.
Whitecap Sells Gas Assets to Pembina, Secures Funding for New Facility
Whitecap Resources said it would raise about $378.73 million by selling working interests in two projects and securing investment for an upcoming facility, in separate deals.
Egyptian Consortium to Import U.S. Shale Gas Amid Shortage
One of Egypt's largest petrochemicals companies plans within a consortium to import U.S. shale gas to address a shortage in natural gas supplies that forced several chemicals factories to temporarily shut down twice in June.
Aramco Awards $25 Billion in Contracts for Strategic Gas Expansion
Aramco has announced contracts totaling over $25 billion to advance its strategic gas expansion efforts. This initiative aims to achieve a more than 60% increase in sales gas production by 2030 compared to 2021 levels.
Russia to Begin Exporting 10 Bcm of Gas Annually to China from Far East in 2027
Russia's Gazprom will start annual pipeline gas exports to China of 10 billion cubic meters (Bcm) in 2027, its boss Alexei Miller told an annual shareholders' meeting on Friday.
U.S. Supreme Court Blocks EPA's 'Good Neighbor' Air Pollution Plan
The 5-4 decision granted requests by Ohio, Indiana and West Virginia, as well as U.S. Steel Corp, pipeline operator Kinder Morgan and industry groups, to halt enforcement of the EPA's "Good Neighbor" plan restricting ozone pollution from upwind states, while they contest the rule's legality in a lower court.
U.S. Regulators Approve Louisiana LNG Plant and 85-Mile Pipeline
The Federal Energy Regulatory Commission voted 2-1 to allow construction and operation of the Calcasieu Pass 2 LNG plant and a related, 85-mile-long (137 km) pipeline.
Venture Global's Louisiana Plaquemines LNG Export Plant Receives First Natural Gas
Venture Global LNG's Plaquemines export plant under construction in Louisiana started to take in natural gas from pipelines on Wednesday, according to data from financial firm LSEG on Thursday.
Cheniere Energy Uncertain About Meeting Year-End LNG Target at Corpus Christi
Top U.S. LNG exporter Cheniere Energy Inc. will not know until September when it can produce first LNG from its Corpus Christi Stage 3 LNG export facility, said Bechtel General Manager of LNG Bhupesh Thakkar.
Guyana Selects Firm Led by Ex-Exxon Exec to Engage with Exxon on Gas Project
A newly formed company headed by a former ExxonMobil executive was selected to support the Guyana government and Exxon to create a new independent natural gas development in the country, Guyana's Ministry of Natural Resources said.
NNPC's OB3 Gas Pipeline Set to Be Completed by August
NNPC's OB3 Gas Pipeline is poised for completion by August, marking a significant milestone with the promise of delivering 2.2 billion standard cubic feet of gas to bolster national supply.
U.S. LNG Projects Imperiled by Surging Labor Costs
A shortage of skilled labor and nagging inflation from strong wage growth on the U.S. Gulf Coast are pressuring LNG developers and delaying some projects from reaching a financial go-ahead.
China's Wison New Energies to Exit Russian Projects, Impacting Arctic LNG 2
Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects and will immediately and indefinitely stop taking any new Russian business, the company said in a LinkedIn post.
Fulcrum LNG to Assist Guyana in Developing Natural Gas Resources
U.S. firm Fulcrum LNG was selected to help Guyana develop a plan to design, finance, construct and operate a natural gas processing facility in the South American country, President Irfaan Ali said on Thursday.
QatarEnergy, Exxon Move to Remove Contractor from Texas Gas Project Amid Bankruptcy
Joint venture partners QatarEnergy and ExxonMobil are urgently seeking court action to remove contractor Zachry Industrial from their $10-billion Golden Pass LNG project in Texas.
Russian Court Orders $102 Million Award of Commerzbank Assets to Pipeline Firm
A Russian court has ordered that Commerzbank assets worth $101.86 million be awarded in damages to a company overseeing construction of a gas processing plant in northwest Russia, court documents showed.
Mexican President: Billionaire Slim Interested in Pemex Natural Gas Project
Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.
- Mexican President: Billionaire Slim Interested in Pemex Natural Gas Project
- Freeport LNG Sues Three Contractors Over Defects at Texas Plant
- Energy Transfer Adds 6,000 Miles of Pipeline with $3.25 Billion WTG Midstream Acquisition
- FERC Approves Transco's Texas to Louisiana Gas Pipeline Project
- Williams Says Court Rules in Its Favor in Pipeline Dispute with Energy Transfer
- U.S. to Buy 4.5 Million Barrels of Oil to Replenish Strategic Petroleum Reserve
- Kurdish Oil Smuggling to Iran Flourishes
- U.S. Court Overturns Alaska Oil Lease Sale, Halting Energy Development
- Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
