Gas

Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline

Energy Transfer has announced a final investment decision (FID) to build the Hugh Brinson Pipeline, a $2.7 billion intrastate natural gas pipeline designed to move Permian Basin production to key Texas markets and trading hubs.

Biden Administration to Release LNG Study by Mid-December

The U.S. plans to issue a study on the environmental and economic effects of liquefied natural gas exports by the middle of this month, a Department of Energy official said on Wednesday.

Matador to Sell Pronto Midstream Stake for $600 Million to San Mateo JV

Matador Resources has agreed to sell its wholly-owned subsidiary, Pronto Midstream, to San Mateo Midstream, a joint venture where Matador holds a 51% stake.

Shell Completes Sale of Houston-Area Pipeline Assets to Edgewater Midstream

Shell Pipeline Company and its subsidiary Triton West have completed the sale of the Sinco pipeline system and Colex terminal to Edgewater Midstream.

Summit Midstream Completes Acquisition of Tall Oak Midstream III

This acquisition significantly boosts Summit’s natural gas portfolio, bringing its balance to about 50% natural gas-focused operations.

Guest Perspective: Canadian LNG Will Not Boost Japan’s Energy Security

(P&GJ) — With LNG Canada set to start up next year, LNG exporters in Canada are racing to build new projects along the country’s western coast. Many are enamored by the prospect of selling the fuel to Asian countries, particularly Japan.

QatarEnergy Signs Long-Term LNG Deal with Shell for China Delivery

State-owned QatarEnergy has signed a long-term sales and purchase agreement with oil and gas major Shell to supply it with liquefied natural gas (LNG) for delivery to China.

Guyana’s $2 Billion Gas-to-Energy Project Secures Initial U.S. Loan Support

Guyana’s $2 billion gas-to-energy project has secured preliminary approval for a $500 million U.S. ExIm Bank loan guarantee. The project, including a 300-MW power plant and gas processing facility, aims to cut power costs by 50%.

U.S. LNG Natural Gas Demand Nears Record Level

U.S. LNG export facilities are driving natural gas demand close to record highs, reaching 14.6 Bcf—just shy of December 2023's peak. Increased output from key plants like Freeport and Cheniere boosts U.S. global energy impact.

Woodside Targets Partnership Deals for Louisiana LNG Project by Early 2025

Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, its CEO told Reuters.

Algeria’s Sonatrach Contains Fire at Alrar Gas Processing Complex

Algeria’s Sonatrach reported that a fire at the Alrar gas processing complex was contained, with no impact on oil production or international shipments. Investigations into the cause are ongoing.

Austrian Expert: OMV Could Legally End Gas Contracts with Gazprom

An Austrian legal expert suggests OMV could legally terminate its gas supply contract with Gazprom, citing contractual defaults and Swedish law provisions, amid ongoing disputes and halted supplies.

Wood to Design DeLa Express Pipeline Linking Texas to Louisiana

Wood has been awarded the front-end engineering design (FEED) for a long-haul, large-diameter, liquids-rich natural gas pipeline project in the United States.

Spotlight on Mexico: Nation’s Biggest Pipeline Projects Still Face Challenges

Mexico is seeing some pipeline projects move forward, as others stall. But, with a newly elected president taking office, all of them will continue to be subjects of debate, scrutiny and potentially legal challenges.

EIA Report Warns of Tighter Global Natural Gas Supply This Winter

The EIA report warns that the global natural gas supply may tighten this winter, with colder temperatures and potential disruptions to pipeline flows and LNG supplies.

Judge Dismisses $1.3 Billion Lawsuit Against Texas LNG Builders Over 2022 Explosion

A U.S. bankruptcy judge has dismissed two lawsuits seeking damages totaling $1.3 billion against Zachry Industrial Inc. and its joint venture partners stemming from an explosion that damaged Freeport LNG’s Freeport, Texas facility in June 2022.

Cheniere Energy Gains FERC Approval to Introduce Gas at Corpus Christi Stage 3 Expansion

Federal regulators on Wednesday gave Cheniere Energy permission to introduce natural gas into its Corpus Christi expansion project, a document showed.

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.

U.S. Natural Gas Prices Drop 6% Amid Lower Heating Demand, Mild Weather Forecasts

U.S. natural gas futures fell about 6% on Wednesday on rising output and forecasts for less cold weather and lower heating demand over the next two weeks than previously expected.

U.S. Oil Firms Unlikely to Go 'Drill, Baby, Drill' Under Trump, Says Exxon Executive

U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.

Equinor Predicts New LNG Supply Delays Until 2027, Contradicting IEA Forecast

The global supply of new liquefied natural gas could take longer to come on stream than expected by the International Energy Agency, with predictions differing by a year or more, Norway's Equinor said on Tuesday.

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.

Trump Plans Aggressive LNG Export Expansion, Offshore Drilling Push

Donald Trump is preparing an extensive energy plan prioritizing LNG export permits and accelerating offshore drilling. The initiative aims to lift Biden's LNG permit freeze and expand U.S. natural gas dominance.

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.

Eni Launches Second Floating LNG Unit for Congo, Set for 2025 Deployment

Italy's Eni launches its second floating LNG facility, Nguya FLNG, to boost Congo's liquefaction capacity to 3 MTPA by 2025, enhancing offshore LNG exports.

U.S. Reports 13.5 Tons of Deadly Gas Released at Pemex’s Texas Refinery Last Month

In October, Pemex's Deer Park refinery in Texas released 13.5 tons of deadly hydrogen sulfide gas, resulting in the deaths of two workers and injuries to 13 others. The U.S. Chemical Safety Board is investigating the incident, focusing on maintenance practices and emergency responses.

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.

BP, Partners to Invest $7 Billion in Indonesia's Papua Carbon Capture Project

BP and partners will invest $7 billion in a carbon capture and gas project in Indonesia’s Papua region, potentially unlocking 3 trillion cubic feet of gas. The CO2 sequestration initiative aims to reduce emissions at BP’s Tangguh LNG facility.

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.

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