Gas

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.

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.

Report: LNG Market Equilibrium Fragile Due to Supply Issues

The global LNG market remains tight despite lower prices and a 2.1% growth in 2023, reaching over 401 million tonnes, according to the International Gas Union's (IGU) 2024 World LNG Report.

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 LNG Nears Full Capacity with New Offtake Agreement

Texas LNG Brownsville LLC has signed an agreement with an affiliate of a top-tier credit-rated market participant for a long-term LNG sale and purchase agreement for 0.5 million tonnes per annum of LNG.

TXOGA Applauds Court's Decision to Resume LNG Export Permits

Texas Oil & Gas Association (TXOGA) President Todd Staples praised the recent court ruling that ended the halt on LNG export permit approvals.

New Fortress Energy to Sell Miami LNG Facility

(P&GJ) — New Fortress Energy Inc. has agreed to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.

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.

Fire at Alberta Gas Metering Station Prompts Temporary Highway Closure

A fire that prompted temporary closure of a major highway near Edson town, Canada, on Monday involved a gas metering station, said Yellowhead County in northern Alberta.

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.

Chesapeake Utilities Begins Renewable Gas Injections in Florida

Chesapeake Utilities Corp. has started injecting renewable natural gas (RNG) at its Radio Avenue site in Yulee, Florida, sourced from its Full Circle Dairy facility in Madison County.

BKV Sells First Carbon-Neutral Gas to Kiewit

BKV Corp. has announced its first sale of carbon sequestered gas to Kiewit Infrastructure South Co. This carbon-neutral natural gas aims to reduce greenhouse gas emissions across its value chain.

Supreme Court Ruling Puts Biden's Tailpipe Emission Rules at Risk

A U.S. Supreme Court decision limiting federal regulatory powers to interpret ambiguous laws could undermine President Joe Biden's effort to cut tailpipe emissions from the nation’s vehicle fleet, two environmental law attorneys told Reuters.

Saudi Arabia Discovers Seven New Oil and Gas Deposits

Saudi Arabia's energy minister announced on Monday the discovery of seven oil and gas deposits in the kingdom's Eastern Province and Empty Quarter, the official Saudi news agency SPA reported.

Tellurian Completes $260 Million Asset Sale to Aethon to Boost Driftwood LNG Project

Tellurian Inc. has completed the sale of its upstream assets to Aethon Energy Management LLC for $260 million. This move significantly strengthens Tellurian's balance sheet as it advances the Driftwood LNG project.

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.

FERC Approves Transco's Texas to Louisiana Gas Pipeline Project

The project, estimated at $91.8 million, aims to expand the capacity of the existing Transco pipeline in Texas and Louisiana, enhancing energy infrastructure reliability and diversification along the Gulf Coast.

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.

Egyptian Fertilizer Company Turns to Hydrogen Amid Gas Shortage

One of Egypt's largest fertilizer companies said on Thursday it would partially switch to hydrogen supplies as the country struggles with a shortage of natural gas that has led to widespread blackouts.

Fulcrum LNG Teams Up with McDermott, Baker Hughes for Guyana Gas Project

A proposed large natural gas project in Guyana by U.S. energy developer Fulcrum LNG includes partnerships with U.S. oil service company Baker Hughes and engineering firm McDermott, the country's vice president said on Thursday.

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.

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