Gas

2024 Large Horizontal Directional Drilling Rigs Census

When a project calls for horizontal directional drilling (HDD), it’s important to use a qualified contractor and the right equipment for the specific needs, especially when it involves a large rig.

Finland and Estonia Form Pact to Strengthen Underwater Energy Assets

Finland and Estonia have signed an agreement to strengthen cooperation in protecting and repairing critical underwater energy infrastructure, including the Balticconnector gas pipeline. This partnership aims to enhance energy security and stabilize prices for both countries.

P&GJ’s Europe 500 Report of Top Pipelines

The following is a list of some of the longest transportation routes on the continent of Europe as of July 2024. This third such report will be broken down into two sections: gas and liquids (oil and products), which will be updated in each of our September issues going forward.

French Pipeline Sector Moving Toward Hydrogen

France is actively developing its pipeline network, as part of ambitious state plans to turn the country into one of the largest natural gas and hydrogen hubs in Europe in years to come.

EU, NATO Step Up Fight Against Sabotage of Gas Infrastructure

Safeguarding European energy and gas infrastructure against sabotage and cyberattacks will be one of the top priorities for NATO and the EU institutions over the coming years as the Nord Stream attacks have altered the energy security landscape for good.

TotalEnergies Buys More Gas Assets in Texas to Boost Value Chain

France's TotalEnergies expands its natural gas footprint in the United States through a deal reached with Lewis Energy Group to acquire a 45% stake in some dry gas producing assets in the Eagle Ford basin in Texas.

China to Launch Guangdong LNG Terminal, Exxon Secures 20-Year Access

China's Guangdong Energy Group is set to begin commercial operations of its new $1 billion LNG terminal, with ExxonMobil securing 20 years of access to handle 1.8 million tons annually. The terminal will support ExxonMobil's chemical complex in Huizhou, starting operations in 2025.

EQT Plans to Reverse Some U.S. Natural Gas Production Curtailments in October, CEO Says

"Production curtailments will be a normal part of our strategy when prices are low," CEO Toby Rice said, noting the company has already curtailed about 1 billion cubic feet per day (Bcf/d) of production in the spring.

Woodland Biofuels to Invest $1.35 Billion in Louisiana for RNG, Hydrogen Plant

Canadian renewable fuel company Woodland Biofuels announced on Tuesday an investment of $1.35 billion at the Port of South Louisiana to establish a renewable natural gas (RNG) plant and ultra-green hydrogen facility.

Tanker Departs Venture Global’s Louisiana Plaquemines LNG Export Plant as Facility Nears Production

The tanker docked for the past month at U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana had left by Tuesday morning, according to data provider LSEG.

Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project

KBR has announced that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.

Eskom, Sasol Team Up to Explore LNG as South Africa Seeks Cleaner Energy

South African petrochemicals company Sasol and state power utility Eskom said on Friday they had agreed to jointly explore ways the country could use liquefied natural gas (LNG).

Kimmeridge to Reduce Stake in Louisiana LNG Project to 51% After FID, CEO Says

Energy investment firm Kimmeridge Energy Management plans to reduce its stake in a Louisiana liquefied natural gas (LNG) export project to 51% down from 100% after it reaches FID next year.

Trafigura to Appoint Richard Holtum as New CEO Next Week - FT

Commodity trader Trafigura plans to name Richard Holtum as its new chief executive as soon as next week, the Financial Times reported on Friday, citing people briefed about the matter.

Kiewit, Venture Global LNG Settle Dispute Over Alleged Disclosure of Confidential Info to Shell

Construction contractor Kiewit on Thursday said it has settled a lawsuit with LNG developer Venture Global LNG over disclosures to Shell of information on the Calcasieu Pass LNG plant, the president of Kiewit Energy said.

ConocoPhillips, Uniper Ink 10-Year Natural Gas Supply Deal

German energy company Uniper and U.S. oil and gas producer ConocoPhillips said they have agreed a supply deal for up to 10 billion cubic meters of natural gas over the next 10 years.

Glencore Signs 20-Year LNG Supply Deal with Commonwealth LNG, Kimmeridge

Commodities giant Glencore has signed a non-binding agreement to buy 2 million tonnes per annum of liquefied natural gas from Commonwealth LNG along with equivalent natural gas supply from Kimmeridge Texas Gas.

TotalEnergies Extends CNOOC LNG Deal by Five Years

France's TotalEnergies said on Thursday it has extended an agreement with China's CNOOC by five years that will see it deliver 1.25 million tons of LNG per year until 2034.

Argentina's Reversion del Norte Pipeline Project Nears Completion After Successfully Crossing River

Argentina's 93-mile Reversion del Norte pipeline has overcome significant delays, reaching a key milestone by crossing the Tercero River. The project, crucial for gas supply to northern Argentina and exports to Bolivia and Brazil, is now on track for completion in late 2024.

Bayou Midstream II Secures Equity Backing from EIV Capital to Expand U.S. Infrastructure

Bayou Midstream II has announced an equity commitment from EIV Capital, LLC following their successful partnership for Bayou Midstream LLC (Bayou I).

Energy Leaders Believe VP Harris Won’t Ban Fracing, Citing Gas Price Risks

U.S. Vice President Kamala Harris understands natural gas prices will rise if fracing is banned, industry executives said, explaining their confidence that the Democratic candidate will not ban the production method if she becomes president.

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.