Gas

Saudi Aramco Aims to Become Major LNG Player, Says Gas Chief

The world's largest oil producer, Saudi Aramco, wants to become a major liquefied natural gas player, the head of its natural gas business said on Tuesday.

Apollo Strikes $1 Billion Deal to Fund BP's Stake in Trans Adriatic Pipeline

Apollo Global Management has signed a $1 billion deal with British energy major BP to fund its stake in the Trans Adriatic natural gas pipeline.

ConocoPhillips CEO Calls for U.S. to End 'Crazy' LNG Permit Pause

ConocoPhillips CEO Ryan Lance on Tuesday called on the U.S. government to end "this crazy LNG (permit) pause" and allow the country to lead the liquefied natural gas industry.

Chevron CEO Criticizes Biden’s Gas Policies, Says AI Depends on Permian Gas

Chevron CEO Michael Wirth criticized the Biden's administration for what he described as "attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI).

Woodside Energy Eyes Partners for Driftwood LNG, CEO Says

Woodside Energy is in discussions with onshore U.S. gas producers, pipeline companies and companies that share its outlook and view of liquefied natural gas to partner with its Driftwood LNG project, company CEO Meg O'Neill said on Monday.

Wood to Design DeLa Express Gas Pipeline Linking Texas to Louisiana

The 690-mile pipeline project being developed by DeLa Express LLC is proposed to deliver liquids-rich natural gas from the Permian Basin of West Texas to the U.S. Gulf Coast and international export markets.

Thailand’s PTT Signs 5-Year LNG Supply Deal with Oman LNG

Thailand's largest energy firm, state-controlled PTT PCL, has signed a five-year deal to buy liquefied natural gas (LNG) from Oman.

Saipem Secures $4 Billion Offshore Contract with QatarEnergy to Boost LNG Production

Italian energy engineering group Saipem SPMI.MI said on Sunday it had won an offshore contract worth $4 billion from QatarEnergy, one of the world's top suppliers of liquefied natural gas (LNG).

BKV Aims to Raise Up to $315 Million in U.S. IPO

Natural gas producer BKV Corporation said on Monday it plans to raise up to $315 million in its initial public offering in the United States.

Texas LNG Secures Final Investment Decision with New Offtake Agreement

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, has secured enough customer commitments to move forward with its liquefied natural gas (LNG) export terminal project in the Port of Brownsville, Texas.

LNG Buyers Warn of U.S. Supply Risks After Export Permit Pause

Major buyers of liquefied natural gas (LNG) flagged risks of purchasing cargoes from the U.S. following the decision by the Biden administration to pause export permits of the superchilled fuel to non-Free Trade Agreement countries.

NextDecade Vows Legal Battle to Keep Rio Grande LNG on Track

NextDecade will appeal this month to a federal court ruling that overturned the Federal Energy Regulatory Commission's approval of the initial phase of its $18.4 billion Rio Grande LNG project, CEO Matthew Schatzman said on Monday.

Amigo LNG Signs Deal to Supply Oman's OQ Trading from Mexico Facility

The Amigo LNG facility is a large-scale project on Mexico’s west coast, capable of producing 7.8 million tonnes per annum of LNG. It is being developed in partnership with the State of Sonora and the Port of Guaymas.

Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal

Williams' Transco has applied for a temporary emergency certificate from FERC to continue operating its new $1 billion natural gas project running through five mid-Atlantic states after the regulator's approval was vacated.

Gas Flows to Cameron LNG Fall as Hurricane Francine Nears

The amount of natural gas flowing to the Cameron LNG export plant in Louisiana dropped on Tuesday, just one day before Tropical Storm Francine was expected to hit the Louisiana coast near Cameron as a hurricane, data from financial firm LSEG showed.

TC Energy's $737 Million Indigenous Pipeline Deal Faces Delay

TC Energy's $737 million deal to sell a minority stake in its Canadian natural gas pipeline system to a consortium of Indigenous communities has been delayed due to a transaction structuring issue, the company said on Tuesday.

Permian Basin to Gain 7.3 Bcf/d in Pipeline Capacity Amid Gas Glut

New pipeline projects in the Permian Basin will add 7.3 Bcf/d of gas capacity, addressing growing production and easing pressure on Waha Hub prices.

U.S. Regulators Approve Startup Preparations for Plaquemines LNG Plant in Louisiana

Federal regulators on Friday gave Venture Global LNG permission to begin preparations for the start-up of liquefied natural gas equipment at its Plaquemines export plant in Louisiana, taking a step closer to first LNG production for the facility, about 20 miles south of New Orleans.

Texas Regulators Reject Gas Plant Proposal from State Financing Program Over Due Diligence Failures

Texas energy regulators have denied public funding requests for a proposed power plant days after naming the project as a finalist for a new state program aimed at building out natural gas-fired electricity generation, state documents show.

Azerbaijani President Confident on Ukraine Gas Route Talks

Azerbaijani President Ilham Aliyev said on Friday he was optimistic of a breakthrough in talks between Moscow and Kyiv to keep Russian gas flowing through Ukraine to several European countries.

Texas Matterhorn Pipeline Begins Gas Flow, Could Boost Waha Prices, Permian Resources Says

The Matterhorn is the biggest gas pipe under construction that is capable of moving gas that has been trapped in the Permian basin, causing prices at the Waha Hub in West Texas to turn negative a record number of times this year.

Report: U.S. Oil, Gas M&A Nears 2023 High as Focus Shifts from Permian

Nearly $100 billion has been spent by U.S. producers on mergers and acquisitions so far this year, and another $46 billion in assets are currently for sale, according to analysts.

Chesapeake Energy Continues Curtailing U.S. Gas Output Amid Low Prices, CEO Says

U.S. energy company Chesapeake Energy was still curtailing natural gas output, the company's CEO Nick Dell'Osso said at the Barclays CEO Energy-Power Conference on Wednesday.

Williams to Add 4.2 Bcf/d of Natural Gas Capacity by 2027

The new projects include the 1.8-Bcf/d Louisiana Energy Gateway gas pipeline, which is under construction and expected to enter service in 2025, and the 1.6-Bcf/d Southeast Supply Enhancement, which could enter service by 2027.

Vista Energy to Invest $1.1 Billion in Argentina's Vaca Muerta Shale Expansion

In a push to unlock more of the oil riches buried in a massive shale deposit in Argentina, Vista Energy will invest about $1.1 billion this year as it also aims to cut costs there by double digits, the firm's CEO said.

Voyager Midstream Snaps Up 550 Miles of Gas Pipelines in Key Haynesville Deal with Phillips 66

(P&GJ) — Voyager Midstream, backed by Pearl Energy Investments, has acquired natural gas gathering and processing assets from Phillips 66 in East Texas and North Louisiana, placing it strategically in the Haynesville Shale region.

New Fortress Energy Approved to Export LNG from Mexico to Non-FTA Countries

New Fortress Energy has received authorization from the U.S. Department of Energy to export LNG from its offshore Altamira-based plant in Mexico to non-free trade agreement countries.

U.S. LNG Exports Surge in August as Freeport LNG Output Recovers

Exports of U.S. LNG bounced higher in August as output from the country's second-largest export facility rose following an outage and maintenance activities at other plants wound down, LSEG data showed on Tuesday.

Half of Finland’s Inkoo LNG Slots Already Booked for 2025

Customers of Finland's Gasgrid have so far booked half the available slots for imports of LNG via the Inkoo floating storage and regasification unit in 2025, the company said late on Monday.

Putin Arrives in Mongolia, a Key Link in Russia's Planned Gas Pipeline to China

The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.