Gas
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.
FERC Approves Texas-Louisiana Expansion Project by Kinder Morgan Subsidiary
(P&GJ) — The Federal Energy Regulatory Commission has approved the Texas-Louisiana expansion project, filed by Natural Gas Pipeline Co. of America, a Kinder Morgan subsidiary, according to a FERC filing on Nov. 21.
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.
Argentina's Vaca Muerta Gas Export Plans Face Major Hurdles
Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government's free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade.
LNG Feedgas to Louisiana’s Plaquemines Plant Drives U.S. Total to 10-Month High
Feedgas to U.S. LNG export plants is poised to hit a 10-month high, driven by record flows to Louisiana's Plaquemines LNG plant as testing continues ahead of its anticipated launch. The U.S. remains the world’s leading LNG supplier, with exports fueling demand growth globally.
Kazakhstan’s 188-Mile Gas Pipeline to Expand Regional Gasification to 90% Once Completed
(P&GJ) — Kazakhstan’s Taldykorgan-Usharal gas pipeline, launched under the directive of the Head of State, aims to secure a consistent gas supply in a region where gasification currently stands below 50%.
ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
(P&GJ) — ONEOK has agreed to sell its three wholly owned interstate natural gas pipeline systems—Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission—to DT Midstream for $1.2 billion in cash.
BP Delays Whiting Refinery Restart, Fuel Prices Rise in Chicago Market
BP has delayed the restart of a crude distillation unit and a coker at its 435,000 barrel-per-day Whiting, Indiana, refinery from maintenance, boosting fuel prices in the Chicago market, industry sources said on Tuesday.
U.S. Natural Gas Prices Hit 5-Month High on Late-November Cold Snap Forecast
U.S. natural gas futures edged up about 1% on Tuesday to a five-month high, on forecasts for colder weather in late November that should boost heating demand and force utilities to start pulling gas from storage by the U.S. Thanksgiving Day holiday.
TC Energy Raises 2025 Profit Outlook Amid Natural Gas Demand, Updates on Mexican Operations
TC Energy forecasts a higher 2025 profit, driven by natural gas demand and growth projects, while providing updates on its Southeast Gateway pipeline and Mexican operations.
INGAA Members Highlight Methane Emissions Progress in 2024 Climate Report
The Interstate Natural Gas Association of America (INGAA) highlights progress in reducing methane emissions in its 2024 Climate Report. Members achieved a methane intensity of 0.075% in 2022 and exceeded key GHG commitments while maintaining safe and reliable natural gas delivery.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
