Gas
ADNOC Gas Secures 14-Year LNG Supply Deal with Indian Oil
ADNOC Gas has signed a 14-year agreement with Indian Oil to supply up to 1.2 million tonnes per annum of liquefied natural gas (LNG). The deal, valued between $7 billion and $9 billion, will begin deliveries in 2026.
U.S. Regulators Approve Venture Global's Plaquemines LNG Expansion, Boosting Exports
U.S. federal regulators on Wednesday gave Venture Global LNG permission to increase the export capacity of its Plaquemines, Louisiana, LNG plant.
Pipeline Operator Targa Expects Higher-Than-Estimated Profit on Rising Gas Volumes
Targa Resources forecast full-year adjusted core profit above analyst expectations on Thursday, benefiting from increased demand and higher transport volumes of natural gas and natural gas liquids through its pipelines.
Minnesota-Wisconsin Gas Pipeline Project Awaits Regulatory Decision
The Northern Lights 2025 Expansion Project is set to boost natural gas capacity across Minnesota and Wisconsin, with key pipeline extensions and upgrades planned for completion by November 2025.
Kinder Morgan Finalizes $640 Million Purchase of North Dakota Gas Gathering System
Kinder Morgan Inc. announced the completion of its $640 million acquisition of a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC.
Oman Signs 10-Year LNG Supply Deal with Switzerland’s Mercuria
Oman LNG has entered into a ten-year liquefied natural gas (LNG) supply agreement with Mercuria Energy Group, a Swiss-based energy and commodities trading firm.
Australia's Woodside in Talks with Multiple Buyers for Louisiana LNG Stake, Sources Say
Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.
Diamondback Energy Expands in Permian with $4.08 Billion Double Eagle Deal
Diamondback Energy said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich U.S. Permian Basin.
How LNG Will Fuel Global Energy Evolution at Scale
LNG is a key enabler of the global transition to a decarbonized energy system. It will play a pivotal role as companies move from coal and oil to cleaner energy sources.
Howard Energy Partners Acquires Interest in 200-Mile, 1.1 Bcf/d Midship Pipeline in Oklahoma
The pipeline, which runs from Kingfisher County to near Bennington in the Anadarko Basin, connects natural gas production from the SCOOP and STACK plays to Gulf Coast and Southeast demand markets.
Japan's Inpex Targets FID for Indonesia's Abadi LNG Project in 2027
The project, facing delays and a recent ownership change, aims for production in the early 2030s, contributing to Inpex's growth in LNG output and its investment in cleaner energy solutions.
U.S. Natural Gas Prices Jump 6% to Two-Week High on Rising LNG Flows, Big Storage Draw
U.S. natural gas futures rose 6% to reach a two-week high, driven by a larger-than-expected storage draw and increased LNG export flows. With cold weather forecasts and higher demand, natural gas prices have surged, reflecting tighter supply conditions and robust export activity.
Exxon Seeks Permit for Gas Production, LNG Project as Output Rises in Guyana
Exxon Mobil seeks permits for its eighth project in Guyana, focusing on gas production. The company aims to boost capacity to 1.7 million barrels per day by 2029 while supporting Guyana's LNG development.
Kinder Morgan, Entergy Agree to Supply Golden Pass LNG with Natural Gas
Entergy Texas has reached a transportation agreement with Kinder Morgan to secure a steady natural gas supply in Southeast Texas. The agreement, developed with Golden Pass LNG, is part of Kinder Morgan's $1.7 billion Trident Intrastate Pipeline project.
Elliott Builds $2.5 Billion Stake in Phillips 66, Pushes for Midstream Business Sale
Elliott Investment Management has built a $2.5 billion stake in Phillips 66 and is pushing for the sale of its midstream business. The activist investor argues that urgent changes are needed to boost shareholder returns, including divesting midstream assets and restructuring operations.
Turkey, Turkmenistan Sign Gas Supply Deal, Flows Set for March
Turkey and Turkmenistan have signed a deal to begin Turkmen natural gas flows to Turkey on March 1, Turkish Energy Minister Alparslan Bayraktar said. The agreement strengthens energy ties and enhances regional supply security.
Tanzania in Talks to Revive $42 Billion LNG Project by June
Tanzania is negotiating tax incentives with investors to revive its stalled $42 billion LNG project, Energy Minister Doto Biteko said. Talks with Equinor, Shell, and partners could conclude by June, potentially unlocking 47.13 Tcf of natural gas reserves.
India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
India’s GAIL is reviving plans to secure U.S. LNG supply or acquire a stake in an LNG plant after the Trump administration ended a ban on new export permits. The move could help boost India’s gas consumption and long-term supply security.
Recent Cold Snap Led to Fourth-Largest U.S. Natural Gas Storage Withdrawal, EIA Says
The U.S. recorded its fourth-largest weekly natural gas storage withdrawal in mid-January as frigid temperatures drove up consumption, the EIA said. Stocks fell by 321 Bcf, nearly 70% above the five-year average, with inventories now 4% below historical levels.
Venture Global’s CP2 LNG Project Advances with Environmental Report
Venture Global's CP2 LNG export project in Louisiana moves forward as FERC staff releases a draft environmental report, concluding emissions impacts are "not significant."
Sarawak Gas Deal to Have Limited Impact on Petronas Earnings, Analyst Says
Petronas' earnings are expected to take only a minor hit—up to 11%—from its gas distribution deal with Sarawak, analysts say, though the agreement could set a precedent for other states to seek greater control.
Pakistan May Renegotiate LNG Deal with Qatar in 2025
Pakistan’s LNG agreement with Qatar includes a clause allowing renegotiation in 2025, but no decision has been made, according to the country’s petroleum minister.
Harvest Alaska to Redevelop Kenai LNG Terminal to Boost Southcentral Gas Supply
Harvest Alaska has reached an agreement with Marathon Petroleum Corporation (MPC) and Chugach Electric Association to acquire and redevelop the Kenai LNG Terminal, aiming to address Southcentral Alaska’s energy needs.
Gazprom Resumes Gas Supplies to Slovakia’s SPP via TurkStream
Russia's Gazprom began supplying gas to Slovakia's SPP again at the beginning of February, using volumes given up by Hungary on the TurkStream pipeline, SPP said on Thursday.
MPLX Expands Permian NGL, Natural Gas Takeaway with Gulf Coast Projects
MPLX is ramping up Permian NGL and natural gas takeaway with new pipelines, fractionation facilities, and an LPG export terminal, boosting Gulf Coast capacity.
Egypt Signs $3 Billion LNG Deals with Shell, TotalEnergies for 2025 Supply
The most populous Arab country last year returned to being a net importer of natural gas, buying dozens of cargoes and abandoning plans to become a supplier to Europe following a steep decline in domestic output.
Alaska Senator Pressures Asian Allies to Support Gas Pipeline Over China
Senator Dan Sullivan on Wednesday urged Japan and other U.S. allies in Asia to get behind a multibillion-dollar gas project in his home state of Alaska, warning that if they were not interested in buying the gas, strategic rival China would be.
ADNOC Gas Secures $450 Million LNG Supply Deal with JERA
ADNOC Gas has signed a $450 million three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets, reinforcing its long-standing energy partnership with Japan.
ArcLight Acquires Stake in 500-Mile Gulf Coast Express Pipeline from Phillips 66 for $865 Million
Following the deal, Gulf Coast Express Pipeline will be jointly owned by subsidiaries of Kinder Morgan and ArcLight, with Kinder Morgan remaining the operator. The pipeline is a key outlet for Permian Basin gas, supplying the U.S. Gulf Coast and South Texas’ growing LNG market.
Mexico's Pemex, Billionaire Carlos Slim Renegotiate Lakach Gas Deal
Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources familiar with the matter told Reuters.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- New Alternatives for Noise Reduction in Gas Pipelines
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
- South Dakota Governor Signs Bill Banning Eminent Domain for Carbon Pipeline
- Woodside May Delay Final Investment Decision on Louisiana LNG to Q2, CEO Says
