Gas

Texas LNG Secures Final Investment Decision with New Offtake Agreement

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, has secured enough customer commitments to move forward with its liquefied natural gas (LNG) export terminal project in the Port of Brownsville, Texas.

LNG Buyers Warn of U.S. Supply Risks After Export Permit Pause

Major buyers of liquefied natural gas (LNG) flagged risks of purchasing cargoes from the U.S. following the decision by the Biden administration to pause export permits of the superchilled fuel to non-Free Trade Agreement countries.

NextDecade Vows Legal Battle to Keep Rio Grande LNG on Track

NextDecade will appeal this month to a federal court ruling that overturned the Federal Energy Regulatory Commission's approval of the initial phase of its $18.4 billion Rio Grande LNG project, CEO Matthew Schatzman said on Monday.

Amigo LNG Signs Deal to Supply Oman's OQ Trading from Mexico Facility

The Amigo LNG facility is a large-scale project on Mexico’s west coast, capable of producing 7.8 million tonnes per annum of LNG. It is being developed in partnership with the State of Sonora and the Port of Guaymas.

Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal

Williams' Transco has applied for a temporary emergency certificate from FERC to continue operating its new $1 billion natural gas project running through five mid-Atlantic states after the regulator's approval was vacated.

Gas Flows to Cameron LNG Fall as Hurricane Francine Nears

The amount of natural gas flowing to the Cameron LNG export plant in Louisiana dropped on Tuesday, just one day before Tropical Storm Francine was expected to hit the Louisiana coast near Cameron as a hurricane, data from financial firm LSEG showed.

TC Energy's $737 Million Indigenous Pipeline Deal Faces Delay

TC Energy's $737 million deal to sell a minority stake in its Canadian natural gas pipeline system to a consortium of Indigenous communities has been delayed due to a transaction structuring issue, the company said on Tuesday.

Permian Basin to Gain 7.3 Bcf/d in Pipeline Capacity Amid Gas Glut

New pipeline projects in the Permian Basin will add 7.3 Bcf/d of gas capacity, addressing growing production and easing pressure on Waha Hub prices.

U.S. Regulators Approve Startup Preparations for Plaquemines LNG Plant in Louisiana

Federal regulators on Friday gave Venture Global LNG permission to begin preparations for the start-up of liquefied natural gas equipment at its Plaquemines export plant in Louisiana, taking a step closer to first LNG production for the facility, about 20 miles south of New Orleans.

Texas Regulators Reject Gas Plant Proposal from State Financing Program Over Due Diligence Failures

Texas energy regulators have denied public funding requests for a proposed power plant days after naming the project as a finalist for a new state program aimed at building out natural gas-fired electricity generation, state documents show.

Azerbaijani President Confident on Ukraine Gas Route Talks

Azerbaijani President Ilham Aliyev said on Friday he was optimistic of a breakthrough in talks between Moscow and Kyiv to keep Russian gas flowing through Ukraine to several European countries.

Texas Matterhorn Pipeline Begins Gas Flow, Could Boost Waha Prices, Permian Resources Says

The Matterhorn is the biggest gas pipe under construction that is capable of moving gas that has been trapped in the Permian basin, causing prices at the Waha Hub in West Texas to turn negative a record number of times this year.

Report: U.S. Oil, Gas M&A Nears 2023 High as Focus Shifts from Permian

Nearly $100 billion has been spent by U.S. producers on mergers and acquisitions so far this year, and another $46 billion in assets are currently for sale, according to analysts.

Chesapeake Energy Continues Curtailing U.S. Gas Output Amid Low Prices, CEO Says

U.S. energy company Chesapeake Energy was still curtailing natural gas output, the company's CEO Nick Dell'Osso said at the Barclays CEO Energy-Power Conference on Wednesday.

Williams to Add 4.2 Bcf/d of Natural Gas Capacity by 2027

The new projects include the 1.8-Bcf/d Louisiana Energy Gateway gas pipeline, which is under construction and expected to enter service in 2025, and the 1.6-Bcf/d Southeast Supply Enhancement, which could enter service by 2027.

Vista Energy to Invest $1.1 Billion in Argentina's Vaca Muerta Shale Expansion

In a push to unlock more of the oil riches buried in a massive shale deposit in Argentina, Vista Energy will invest about $1.1 billion this year as it also aims to cut costs there by double digits, the firm's CEO said.

Voyager Midstream Snaps Up 550 Miles of Gas Pipelines in Key Haynesville Deal with Phillips 66

(P&GJ) — Voyager Midstream, backed by Pearl Energy Investments, has acquired natural gas gathering and processing assets from Phillips 66 in East Texas and North Louisiana, placing it strategically in the Haynesville Shale region.

New Fortress Energy Approved to Export LNG from Mexico to Non-FTA Countries

New Fortress Energy has received authorization from the U.S. Department of Energy to export LNG from its offshore Altamira-based plant in Mexico to non-free trade agreement countries.

U.S. LNG Exports Surge in August as Freeport LNG Output Recovers

Exports of U.S. LNG bounced higher in August as output from the country's second-largest export facility rose following an outage and maintenance activities at other plants wound down, LSEG data showed on Tuesday.

Half of Finland’s Inkoo LNG Slots Already Booked for 2025

Customers of Finland's Gasgrid have so far booked half the available slots for imports of LNG via the Inkoo floating storage and regasification unit in 2025, the company said late on Monday.

Putin Arrives in Mongolia, a Key Link in Russia's Planned Gas Pipeline to China

The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.

Dangote Refinery Starts Gasoline Processing, NNPC Set as Exclusive Buyer

The $20 billion refinery on the outskirts of Lagos, built by Nigerian billionaire Aliko Dangote, began operations in January with output of products including naphtha and jet fuel.

Turkey’s Botas Secures 10-Year LNG Deal with Shell for 4 Bcm

Turkish state energy company Botas and British oil major Shell signed a 10-year LNG agreement on Monday, the Turkish Energy Minister Alparslan Bayraktar said.

‘Capricious’ You Say?

Is it just me or does the decision by the D.C. appeals court to throw out FERC’s approval of a Williams Cos. pipeline project due to the regulator’s “arbitrary and capricious” review process seem a bit more short-sighted than usual?

Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory

Natural gas prices in the Permian shale basin in West Texas have turned negative a record number of times in 2024, including an all-time low on Aug. 30, as pipeline and other constraints trap gas in the nation's biggest oil-producing basin.

Iraq Seeks U.S. Investment in Gas Projects to Boost Energy Independence

Iraq plans to offer 10 gas exploration blocks to U.S. companies during an upcoming visit by Oil Minister Hayan Abdel-Ghani to the United States, he announced on Saturday.

Shell to Sell Houston Ship Channel Pipeline and Terminal to Edgewater Midstream

Shell Pipeline Company LP and Triton West LLC, subsidiaries of Shell USA, Inc., have agreed to sell their 100% interest in the Sinco pipeline system and Colex terminal to Edgewater Midstream LLC.

Texas Shortlists 17 Gas Plant Projects for $5.4 Billion in State Funding

The Public Utility Commission of Texas selected 17 projects, seeking $5.38 billion in government funding, to advance in a new program aimed at spurring the development of gas-fired power plants.

Venture Global Seeks FERC Approval to Unload First LNG Cargo at Plaquemines Plant

Venture Global LNG has sought authorization from U.S. energy regulators to unload the first LNG commissioning cargo at the Plaquemines export plant in Louisiana by Aug. 30.

Mexico Pacific Signs 20-Year LNG Deal with POSCO International

Mexico Pacific has finalized a 20-year sales and purchase agreement with POSCO International, a leading energy trading company from Korea.