Gas
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.
Russia's Novatek to Begin Delivering Equipment for Arctic LNG 2's Next Phase in July
Russian energy company Novatek plans to start delivering the foundations for the second stage of its Arctic LNG 2 plant in late July, two sources familiar with the plans told Reuters on Thursday.
U.S. Oil Firms Face Challenges Selling $27 Billion in Assets Post-Megamergers: Analysis
U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews.
Cheniere Energy Uncertain About Meeting Year-End LNG Target at Corpus Christi
Top U.S. LNG exporter Cheniere Energy Inc. will not know until September when it can produce first LNG from its Corpus Christi Stage 3 LNG export facility, said Bechtel General Manager of LNG Bhupesh Thakkar.
Guyana Selects Firm Led by Ex-Exxon Exec to Engage with Exxon on Gas Project
A newly formed company headed by a former ExxonMobil executive was selected to support the Guyana government and Exxon to create a new independent natural gas development in the country, Guyana's Ministry of Natural Resources said.
Sempra Signs 20-Year Deal to Supply LNG to Aramco from Port Arthur Project
Aramco and Sempra have signed a non-binding agreement for a 20-year sale and purchase agreement for 5 million tonnes per annum of LNG from the Port Arthur LNG Phase 2 expansion project.
Gazprom Signs Memo with Iran for Russian Gas Supplies
Russian energy giant Gazprom has signed a memorandum with the National Iranian Gas Company (NIGC) to supply Russian pipeline gas to Iran, it said on Wednesday.
NNPC's OB3 Gas Pipeline Set to Be Completed by August
NNPC's OB3 Gas Pipeline is poised for completion by August, marking a significant milestone with the promise of delivering 2.2 billion standard cubic feet of gas to bolster national supply.
Southern Star Responds to Pipeline Fire in Terlton, Oklahoma
Investigators said they are still working to determine the cause of the fire, which occurred during maintenance work on a gas pipeline the morning of June 22.
Kinetik Completes Acquisition of Durango Midstream’s New Mexico Gathering, Processing System
Kinetik funded the cash consideration for the Durango acquisition with proceeds from the divestiture of its 16% equity interest in the Gulf Coast Express pipeline, which was completed on June 4, 2024.
U.S. LNG Projects Imperiled by Surging Labor Costs
A shortage of skilled labor and nagging inflation from strong wage growth on the U.S. Gulf Coast are pressuring LNG developers and delaying some projects from reaching a financial go-ahead.
Constellation Energy Retires Gas-Fired Mystic Generating Station in Massachusetts
Constellation Energy on May 31 permanently shut down the natural gas-fired Mystic Generating Station located in Charlestown, Massachusetts, the EIA reported on Monday.
EPA to Review Texas' Oversight of Oil, Gas Wastewater Disposal Wells
The review follows a petition from nine environmental groups and aims to assess if the Texas Railroad Commission meets federal standards for protecting public health and the environment.
EU Adopts 14th Sanctions Package Against Russia, Targets LNG Exports
The European Union has introduced a new round of sanctions against Russia, marking the first time its gas exports, particularly liquefied natural gas (LNG), are targeted.
China's Wison New Energies to Exit Russian Projects, Impacting Arctic LNG 2
Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects and will immediately and indefinitely stop taking any new Russian business, the company said in a LinkedIn post.
Nigeria's 384-Mile AKK Gas Pipeline to Be Finished by Early 2025, NNPC Says
Construction of Nigeria's 614-km (384-mile) natural gas pipeline will be completed by the first quarter of 2025, the head of state oil firm NNPC said on Friday, two years after the initial planned completion date.
Fulcrum LNG to Assist Guyana in Developing Natural Gas Resources
U.S. firm Fulcrum LNG was selected to help Guyana develop a plan to design, finance, construct and operate a natural gas processing facility in the South American country, President Irfaan Ali said on Thursday.
Genting Berhad Signs $963 Million Deal for Indonesian Floating LNG Facility
Genting Berhad has signed a $962.8 million deal for a floating LNG facility from China's Wison New Energies, the Malaysian company said on Thursday.
U.S. Natural Gas Venting, Flaring Declined to 18-Year Low in 2023, EIA Reports
The yearly amount of natural gas vented or flared in the U.S. decreased to 0.5% of gross withdrawals in 2023, the Energy Information Administration (EIA) estimated on Thursday, based on preliminary state and federal data.
Carlyle Forms New Mediterranean Oil and Gas Firm in $945 Million Energean Deal
Carlyle will form a new Mediterranean-focused oil and gas company led by former BP CEO Tony Hayward after the private equity fund agreed to acquire Energean's assets in Egypt, Italy and Croatia for up to $945 million.
- Mexican President: Billionaire Slim Interested in Pemex Natural Gas Project
- Freeport LNG Sues Three Contractors Over Defects at Texas Plant
- Energy Transfer Adds 6,000 Miles of Pipeline with $3.25 Billion WTG Midstream Acquisition
- FERC Approves Transco's Texas to Louisiana Gas Pipeline Project
- Williams Says Court Rules in Its Favor in Pipeline Dispute with Energy Transfer
- U.S. to Buy 4.5 Million Barrels of Oil to Replenish Strategic Petroleum Reserve
- Kurdish Oil Smuggling to Iran Flourishes
- U.S. Court Overturns Alaska Oil Lease Sale, Halting Energy Development
- Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
