Gas
Pembina Pipeline Expects Investment Decision on Cedar LNG Project in June
Pembina Pipeline Corp. said on Thursday progress on its proposed $4 billion Cedar project remains on track and a final investment decision is expected in June on what would be one of Canada's first liquefied natural gas export terminals.
Global News May 2024
Latest industry developments from around the world!
Japan's JERA Plans $32 Billion Investment in LNG, Renewables, and New Fuels Over Next Decade
Japan's top power utility JERA said on Thursday it plans to invest $32.4 billion over the coming decade into renewable energy and new fuels such as hydrogen and ammonia, as well as LNG.
Republican Lawmakers Press Regulators to Expedite LNG Project Approvals
Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for liquefied natural gas, or LNG, projects, saying any delays could force allies and partners to turn to countries like Qatar and Iran for the fuel.
Williams Confident Louisiana Gas Pipeline Project Won't Be Halted by Rival Energy Transfer's Bid
The two companies have been in dispute over Williams' Louisiana Energy Gateway (LEG) Project, under construction in Texas and Louisiana, after Energy Transfer pushed back on the line for crossing its own systems.
TC Energy Ordered by Canada's Energy Regulator to Further Reduce Pressure on Gas Pipeline
The Canada Energy Regulator has issued an order to TC Energy's NOVA Gas Transmission Ltd. to further reduce the operating pressure for the Grande Prairie Mainline gas pipeline near Edson, Alberta.
Clean Energy, Maas Energy Partner to Build Nine RNG Dairy Facilities Across Seven States
Clean Energy Fuels Corp. and Maas Energy Works have announced a new joint development agreement to build nine renewable natural gas (RNG) production facilities at dairy farms across seven states.
LM Energy Expands New Mexico Gas Gathering System, Boosts Capacity to 500 MMcf/d
The new high-pressure pipeline will provide over 300 MMcf/d of critical delivery capacity out of New Mexico's North Carlsbad area. Upon completion, LM’s systems will consist of 150 miles of gas gathering pipelines with a total capacity of approximately 500 MMcf/d.
U.S. Gas Surplus Forecasted to Vanish by End of Winter 2024/25
U.S. gas inventories are nearing record highs for this time of year, propelled by exceptionally mild temperatures during the winter of 2023/24, attributed to the El Nino weather phenomenon.
Germany's EnBW Signs 15-Year LNG Supply Deal with ADNOC
German utility company EnBW said it has signed a 15-year LNG contract with ADNOC, as Europe boosts LNG imports after Russia's invasion of Ukraine curtailed westbound pipeline gas shipments.
Enbridge Gas Invites Bids for Peak Storage at Dawn Hub
Enbridge Gas has announced a binding open season for peak storage services at the Dawn Hub storage facility, with service starting as early as April 1, 2025.
Paraguay Pursues $1.5 Billion Gas Pipeline Linking Argentina and Brazil
Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, sources told Reuters.
Occidental Petroleum Aims to Close CrownRock Deal by August
Occidental Petroleum hopes to close its acquisition of shale oil producer CrownRock before its second-quarter earnings call, CEO Vicki Hollub said on Wednesday, a date that typically falls in August.
New Fortress Delays Start of Mexico's First LNG Plant to Late May
New Fortress Energy said on Wednesday it delayed the start of its Altamira LNG plant in Mexico to May and expects to export its first cargo in June after an incident a few days before the country's first LNG export plant was due to begin production.
Canadian Utilities Unveils $1.5 Billion Alberta Gas Pipeline Project
The company, majority-owned by ATCO, said the Yellowhead Mainline project would include 124 miles of pipeline and related control and compression facilities that will run from Peers, Alberta, to Edmonton.
Vinland Energy Sells Appalachia Assets to Dara Energy in Production Expansion Deal
Dara Energy, a production focused company, announced it has closed an agreement to acquire oil and gas assets in Kentucky, Tennessee, and Texas from Vinland Energy.
Centurion Group Sells Centurion Canada Infrastructure to Hillcore Group
Centurion Group, a global leader in specialist rental equipment and services, has finalized the sale of its legacy construction business, Centurion Canada Infrastructure, to the Hillcore Group.
Williams Scraps Northeast Pipeline Project While Pennsylvania Gas Transport Plan Advances
Williams ambitious natural gas pipeline project, aimed at crossing New Jersey and extending under two bays to New York, has met its demise. Concurrently, another initiative involving the transportation of LNG from Pennsylvania via tanker truck is progressing.
Williams Foresees Victory in Energy Transfer Dispute Over Louisiana Gas Pipeline
U.S. energy firm Williams Cos said on Tuesday it still expects to overcome a pipeline dispute with rival Energy Transfer and complete its Louisiana Energy Gateway natural gas project in the second half of 2025.
Over 70 Democratic Lawmakers Back Biden's Pause on LNG Exports
Nearly 75 U.S. lawmakers from President Joe Biden's Democratic party on Tuesday praised his pause on approvals of exports of LNG saying it would protect Americans from pollution and potential higher prices.
Sinopec in Talks with Pembina Pipeline for LNG Offtake, Cedar LNG Stake, Sources Say
China's Sinopec is in discussions with Pembina Pipeline Corp. for an LNG offtake agreement and equity stake in the Canadian company's proposed Cedar LNG project, sources said.
TC Energy's Keystone Pipeline Shines in Q1, Achieving Record Operational Reliability
Total earnings from TC Energy's pipeline segments came in at $1.66 billion, primarily driven by the Keystone pipeline, which achieved 96% "operational reliability", TC Energy said.
Iran, Pakistan Seek Ways to Complete Long-Delayed 1,180-Mile Gas Pipeline Project
Iran and Pakistan are looking at ways to complete the long-delayed gas pipeline project between the two countries, Iran's Consul General to Pakistan, Hassan Nourian, said on Monday.
Natural Gas Flows to Freeport LNG in Texas Reach Two-Month High
The amount of natural gas flowing to Freeport LNG's export plant in Texas rose to a two-month high on Sunday in what energy traders said was another sign that the plant was wrapping up a series of outages over the past month or so.
Russia Plans to Pipe 35 Bcm of Gas to China via Kazakhstan, TASS Reports
Russia plans to send some 35 billion cubic meters (Bcm) of natural gas per year to China via Kazakhstan, the TASS news agency reported on Saturday citing Kazakhstan's envoy to Russia, disclosing the potential volumes for the first time.
Kinder Morgan-Backed Gas Pipeline Expansion Prevails in U.S. Appeals Court Decision
The Kinder Morgan-backed Evangeline Pass Expansion project would expand existing pipelines to feed more fuel to Venture Global's Plaquemines liquefied natural gas export terminal in the Gulf of Mexico.
Occidental Explores Sale of Permian Assets Worth Over $1 Billion, Sources Say
Occidental Petroleum is exploring a sale of a part of its operations in the Permian Basin that could fetch more than $1 billion for the energy producer, according to people familiar with the matter.
U.S. Faces Natural Gas Shortfall as LNG Canada Terminal Nears Operational Phase
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said.
Shell Nigeria Inks $100 Million Gas Pipeline Deal with Oyo State
Shell's Nigerian unit has signed an agreement with Oyo state in the south of the country to construct a pipeline delivery system to serve industries in the state at a cost of $100 million, the Oyo government said on Friday.
Energy Transfer Subsidiary Sunoco and NuStar Energy Merger Receives Green Light from Unitholders
The acquisition grants Sunoco access to NuStar's extensive transportation and storage infrastructure, encompassing approximately 9,500 miles of pipeline and 63 terminals.
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia
- U.S. Court Overturns FERC Approval for NextDecade’s $18 Billion Rio Grande LNG Project
