Gas

Italy's New LNG Terminal to Begin Operations by March 2025, Snam Says

Italy's gas grid group Snam said on Friday it expected a new LNG terminal to become operational by March 2025, allowing the country to diversify further its energy supplies.

WhiteWater's ADCC Pipeline in South Texas Starts Transporting Natural Gas

WhiteWater said the pipeline provides Cheniere direct access to Permian and Eagle Ford volumes in addition to volumes sourced along the Gulf Coast.

Shell's Gas Bet Takes Shape with New LNG Deals

Shell has replaced LNG volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.

Kansas Fed: Q2 Oil, Gas Activity Declines in U.S. Rockies and Midwest, Rebound Expected

Oil and gas activity in the U.S. Midwest and Rockies declined during the second quarter, but is expected to rebound over the next six months, the Federal Reserve Bank of Kansas City said on Friday in a quarterly energy survey.

Diamondback Energy Reports 10 Cents/Mcf for Q2 Natural Gas Prices

U.S. oil and gas producer Diamondback Energy's average unhedged realized price for natural gas was 10 cents per thousand cubic feet (Mcf) in the second quarter, the company said in a regulatory filing on Thursday.

Woodside Energy Signs 10-Year LNG Supply Deal with Taiwan's CPC

Australia's Woodside Energy has signed a deal with Taiwanese state-owned natural gas firm CPC Corp. to supply LNG for a period of 10 years to Taiwan, the company said on Thursday.

Hedge Funds Launch Rival Bid for Martin Midstream Amid Takeover Battle

Hedge funds Nut Tree Capital Management and Caspian Capital are making an offer for Martin Midstream Partners, a letter seen by Reuters showed, aiming to scupper a bid from the fuels storage and transporter's largest shareholder to buy it out.

Engie, Macquarie to Partner on 434-Mile Gas Pipeline Expansion in Mexico

French energy company Engie has agreed to partner with Australian infrastructure investor Macquarie Asset Management to expand the Mayakan natural gas pipeline in Mexico.

MET Group Secures 10-Year U.S. LNG Supply Deal with Shell

Switzerland-based energy trader MET Group has struck a 10-year deal for Shell to supply it with liquefied natural gas from the U.S. on a free-on-board basis, it said on Tuesday.

Honeywell to Acquire Air Products' LNG Unit for $1.81 Billion

The deal would complement Honeywell's LNG pretreatment business by adding technologies such as heat exchangers and cryogenic equipment to its portfolio amid growing demand for the fuel in key end-markets including power and data centers.

Shell Invests in Abu Dhabi's Ruwais LNG Project, Eyes Expansion in Global LNG Portfolio

Shell Overseas Holdings Ltd. has announced plans to invest in ADNOC’s Ruwais LNG project, securing a 10% participating interest in the venture.

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.

Gas Prices Drop as Hurricane Beryl Impact on U.S. LNG Facilities Eases

Dutch and British wholesale gas prices were down on Tuesday morning amid easing concerns over the impact of Hurricane Beryl on U.S. LNG facilities after Freeport LNG said it will resume production after it has passed.

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.

FERC Upholds 3-Year Extension for Tellurian to Construct Driftwood LNG Plant

FERC has upheld an earlier decision to allow liquefied natural gas developer Tellurian a three-year extension to construct its Driftwood LNG plant on the west bank of the Calcasieu river, near Lake Charles, Louisiana.

Shell Advances Manatee Gas Project Development in Trinidad

Shell on Tuesday decided to proceed further with the development of the Manatee gas field in Trinidad, as it looks to strengthen its liquefied natural gas business.

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.

Exxon's Q2 Outlook Affected by Pioneer Deal and Gas Price Trends

Exxon's second-quarter outlook hinges on the impact of its Pioneer acquisition and fluctuating gas prices, amid broader market dynamics.

Pipeline Regulatory Expert Michelle Boudreaux Joins Bracewell

Formerly a partner at Baker Botts, Boudreaux brings over 20 years of experience specializing in federal and state regulation of petroleum liquids and natural gas pipelines.

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.

Gas Pipeline Accident Sparks Fire in Crimea, Disrupting Supplies to Alushta, Officials Say

A fire broke out late Saturday after an accident at a gas pipeline near the village of Vinogradnoye in Moscow-annexed Crimea, cutting gas to the resort town of Alushta and more than a dozen settlements, Russian officials said.

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 to Allocate 40% Stake in Ruwais LNG Project to Shell, TotalEnergies, BP, and Mitsui, Sources Say

The four companies are expected to get a stake of 10% each in the project which will more than double UAE's output of the sea-borne fuel and is expected to produce about 9.6 million metric tons per annum by late 2028, the sources said.

Golar LNG Signs 20-Year Floating LNG Vessel Deal in Argentina

Golar LNG said on Friday it has partnered with Pan American Energy to deploy a floating liquefied natural gas (FLNG) vessel for 20 years to export domestic natural gas as LNG from Argentina.

Energy Transfer Unable to Block Williams Pipeline Construction, Louisiana Judge Rules

In a recent ruling by a Louisiana district court, Williams Companies Inc. has been granted permission to build a natural gas pipeline intersecting Energy Transfer LP’s conduit.

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.