Gas

Gas Prices Drop as Hurricane Beryl Impact on U.S. LNG Facilities Eases

Dutch and British wholesale gas prices were down on Tuesday morning amid easing concerns over the impact of Hurricane Beryl on U.S. LNG facilities after Freeport LNG said it will resume production after it has passed.

U.S. Natural Gas Output to Decline in 2024, While Demand Rises to Record High, EIA Says

U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook on Tuesday.

FERC Upholds 3-Year Extension for Tellurian to Construct Driftwood LNG Plant

FERC has upheld an earlier decision to allow liquefied natural gas developer Tellurian a three-year extension to construct its Driftwood LNG plant on the west bank of the Calcasieu river, near Lake Charles, Louisiana.

Shell Advances Manatee Gas Project Development in Trinidad

Shell on Tuesday decided to proceed further with the development of the Manatee gas field in Trinidad, as it looks to strengthen its liquefied natural gas business.

Freeport LNG Gas Flows Hit Near Zero During Hurricane Beryl

During Hurricane Beryl, natural gas flows to Freeport LNG's export plant in Texas plummeted to near zero, impacting U.S. LNG exports.

Largest Texas Ports Close; Enbridge Activates Emergency Plans, Kinder Morgan Shuts Facilities as Hurricane Beryl Nears

Largest Texas ports close as Hurricane Beryl nears, affecting Enbridge and Kinder Morgan operations. The companies implemented emergency plans and facility shutdowns ahead of the storm's landfall on the Texas coast.

Elevation Midstream and ARB's Platte River Merge to Lead DJ Basin Consolidation

The Platte River assets include more than 200 miles of crude gathering and transmission pipelines and offer multi-market optionality to customers via the Platteville and Lucerne Terminals.

Exxon's Q2 Outlook Affected by Pioneer Deal and Gas Price Trends

Exxon's second-quarter outlook hinges on the impact of its Pioneer acquisition and fluctuating gas prices, amid broader market dynamics.

Pipeline Regulatory Expert Michelle Boudreaux Joins Bracewell

Formerly a partner at Baker Botts, Boudreaux brings over 20 years of experience specializing in federal and state regulation of petroleum liquids and natural gas pipelines.

Petronas Boosts LNG Fleet Ahead of LNG Canada Start-Up

The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.

Gas Pipeline Accident Sparks Fire in Crimea, Disrupting Supplies to Alushta, Officials Say

A fire broke out late Saturday after an accident at a gas pipeline near the village of Vinogradnoye in Moscow-annexed Crimea, cutting gas to the resort town of Alushta and more than a dozen settlements, Russian officials said.

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.