Gas

EnLink Midstream Approves Major Capacity Increase at Louisiana Gas Storage Facility

The Stage 1 expansion, which leverages existing assets at JISH, is expected to cost approximately $85 million and will increase the facility’s working gas storage from 2 Bcf to 10 Bcf.

Osaka Gas Targets Steady LNG Volume of 11.5 Million Tons by 2030

Japanese city gas provider Osaka Gas aims to maintain annual handling volume of liquefied natural gas at 11.5 million metric tons in the fiscal 2030 year, an executive said on Thursday.

Cheniere's South Texas LNG Project 62% Complete, Ahead of Schedule

The company also added that its Corpus Christi Stage 3 project, an export facility in South Texas, was progressing ahead of schedule, and was 62.4% complete as of June 30.

Osaka Gas, ADNOC Sign Landmark Agreement for Long-Term LNG Supply

Osaka Gas has signed a long-term deal with UAE's ADNOC for the delivery of up to 0.8 million metric tons per annum of liquefied natural gas to secure stable supplies.

U.S. Natural Gas Producers Plan Further Output Cuts as Prices Plummet

Major U.S. natural gas producers are preparing to further curtail production in the second half of 2024, after prices sank nearly 40% over the past two months.

Bernhard Capital Acquires New Mexico Gas Company from Emera for $1.252 Billion

Emera acquired NMGC as part of its purchase of the TECO group of companies in 2016. NMGC is the largest natural gas utility in New Mexico, serving over 545,000 customers and managing more than 12,000 miles of pipelines.

Sempra's Costa Azul LNG Project Delayed by Labor Issues

Sempra Infrastructure's Energia Costa Azul LNG export project in Mexico has been further delayed by labor and productivity challenges that will boost the project's cost, the company said on Tuesday.

NextDecade, Bechtel Finalize $4.3 Billion EPC Deal for Rio Grande LNG Train 4

NextDecade Corp. has finalized a $4.3 billion engineering, procurement, and construction (EPC) contract with Bechtel Energy Inc. for Train 4 at its Rio Grande LNG facility.

Trace Midstream Acquires LM Energy’s Delaware Basin Gas Gathering, Transportation Assets

Trace Midstream Partners II has acquired LM Energy’s gas gathering and transportation assets in the Northern Delaware Basin, adding 170 miles of pipeline and 12 compressor stations to its portfolio.

New Gas Pipeline Projects Underway Across Latin America

In Latin America, at the moment, there are a series of projects to build, expand and rehabilitate gas pipelines, which are of great importance to the strengthening of midstream infrastructure of those countries.

Enbridge Eyes Data Center Market, Increases Profit Forecast and Pipeline Capacity

Pipeline operator Enbridge raised its full-year profit forecast on Friday as it benefits from newly acquired assets and said it was well-positioned to capitalize on growing demand for natural gas to supply U.S. data centers.

U.S. Dominates Global Natural Gas Production and LNG Exports

The U.S. has reinforced its position as the leading global producer of natural gas and LNG exporter, with notable increases in LNG supply and significant reductions in European and Russian gas imports.

Russian Pipeline Gas Exports to Europe Reach Highest This Year

Russian energy giant Gazprom's average daily natural gas supplies to Europe in July reached their highest this year, up 5.7% compared with a year ago and 12% higher than in June, Reuters calculations showed.

U.S. LNG Exports Fall Again in July on Freeport LNG's Slow Restart

Texas-based Freeport LNG is the country's second-largest LNG export facility, and its production woes in the last few years have played a crucial role in swings in U.S. natural gas and global LNG prices.

AI Data Center Boom Drives Future Gas Demand for TC Energy

TC Energy revealed that 300 data centers under construction in the U.S. will require an additional 6-8 Bcf/d of natural gas, with over 60% of these centers located within 50 miles of their pipelines.

365-Mile Blackcomb Pipeline Project Greenlit to Boost Permian Gas Flow to Gulf Coast

Enbridge, WhiteWater and MPLX have approved the 365-mile Blackcomb Pipeline to transport up to 2.5 Bcf/d of natural gas from the Permian Basin to the Gulf Coast. The project aims to enhance gas takeaway capacity and is slated for completion in late 2026.

India's HPCL Seeks LNG Deals, Eyes December Start for New Terminal

India's Hindustan Petroleum is scouting for LNG import deals as it expects to start its 5 million ton per year LNG terminal in western India by end of this year, its head of finance said on Tuesday.

Texas Needs More Natural Gas Pipelines as Prices Turn Negative Again

Analysts say that is a sure sign the Permian Basin region needs more gas pipelines, which has already prompted Kinder Morgan, Energy Transfer and other U.S. energy firms to propose new projects.

Enterprise to Grow NGL Export Capacity at Houston Ship Channel

Enterprise Products Partners is expanding the company’s NGL export capacity by 300,000 bbl/d in the Houston Ship Channel to meet strong demand.

Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project

Williams Cos.’ $1 billion pipeline project is halted after a U.S. appeals court overturns the Federal Energy Regulatory Commission's approval, citing inadequate environmental and public interest reviews.

Report: U.S. Oil and Gas Mergers Surge Past $30 Billion in Q2

The latest round of deals kicked off last autumn with Exxon's $60 billion offer for Pioneer Natural and has spread through the U.S. energy industry, moving across Texas and North Dakota oil and gas producers to energy pipeline operators.

Iberdrola Faces Up to $535 Million Claim in LNG Contract Dispute with Pavilion

Spanish utility Iberdrola faces claims worth up to $535 million in an arbitration process launched by Singaporean LNG company Pavilion Energy over a supply contract, according to Iberdrola's earnings report.

CF Energy to Build Natural Gas Pipeline for Xinhui Daze Project

The pipeline will supply natural gas to the Xinhui Daze gas thermal power project in Daze, Xinhui, Jiangmen, Guangdong.

Natural Gas Proves Essential as U.S. Wind Power Drops, Says Maguire

Power producers in the United States are becoming increasingly reliant on natural gas for generation, even as the country builds out renewable energy capacity at a record pace.

Hedge Funds Increase Bid for Martin Midstream Takeover

Hedge funds Nut Tree Capital Management and Caspian Capital have made a sweetened bid to acquire fuels storage and transporter Martin Midstream Partners.

Freeport LNG Returns to Full Production

Freeport LNG was on track to return to full production on Sunday, pulling over 2 billion cubic feet of natural gas, LSEG data showed.

Occidental Sells Delaware Basin Assets to Permian Resources for $818 Million

U.S. oil and gas producer Occidental Petroleum said on Monday it would sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for about $818 million, as it plans to cut down debt.

Vital Energy, Northern Oil and Gas Acquire Point Energy Shale Assets for $1.1 Billion

Vital Energy and Northern Oil and Gas will jointly acquire U.S. shale assets from private equity-owned Point Energy Partners for $1.1 billion.

Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia

Puerto Bahia, and Gasco have entered into an agreement to develop a liquified petroleum gas project at Puerto Bahia's port terminal in the Bay of Cartagena, Colombia. The project is expected to be operational by 2027.

Pieridae Energy Halts Production Due to Low Natural Gas Prices

Pieridae Energy said it has shut-in the production of about 6,250 barrels of oil equivalent per day that flows to a third-party owned and operated facility, in response to low natural gas prices.