Gas

Enbridge Gas Invites Bids for Peak Storage at Dawn Hub

Enbridge Gas has announced a binding open season for peak storage services at the Dawn Hub storage facility, with service starting as early as April 1, 2025.

Paraguay Pursues $1.5 Billion Gas Pipeline Linking Argentina and Brazil

Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, sources told Reuters.

Occidental Petroleum Aims to Close CrownRock Deal by August

Occidental Petroleum hopes to close its acquisition of shale oil producer CrownRock before its second-quarter earnings call, CEO Vicki Hollub said on Wednesday, a date that typically falls in August.

New Fortress Delays Start of Mexico's First LNG Plant to Late May

New Fortress Energy said on Wednesday it delayed the start of its Altamira LNG plant in Mexico to May and expects to export its first cargo in June after an incident a few days before the country's first LNG export plant was due to begin production.

Canadian Utilities Unveils $1.5 Billion Alberta Gas Pipeline Project

The company, majority-owned by ATCO, said the Yellowhead Mainline project would include 124 miles of pipeline and related control and compression facilities that will run from Peers, Alberta, to Edmonton.

Vinland Energy Sells Appalachia Assets to Dara Energy in Production Expansion Deal

Dara Energy, a production focused company, announced it has closed an agreement to acquire oil and gas assets in Kentucky, Tennessee, and Texas from Vinland Energy.

Centurion Group Sells Centurion Canada Infrastructure to Hillcore Group

Centurion Group, a global leader in specialist rental equipment and services, has finalized the sale of its legacy construction business, Centurion Canada Infrastructure, to the Hillcore Group.

Williams Scraps Northeast Pipeline Project While Pennsylvania Gas Transport Plan Advances

Williams ambitious natural gas pipeline project, aimed at crossing New Jersey and extending under two bays to New York, has met its demise. Concurrently, another initiative involving the transportation of LNG from Pennsylvania via tanker truck is progressing.

Williams Foresees Victory in Energy Transfer Dispute Over Louisiana Gas Pipeline

U.S. energy firm Williams Cos said on Tuesday it still expects to overcome a pipeline dispute with rival Energy Transfer and complete its Louisiana Energy Gateway natural gas project in the second half of 2025.

Over 70 Democratic Lawmakers Back Biden's Pause on LNG Exports

Nearly 75 U.S. lawmakers from President Joe Biden's Democratic party on Tuesday praised his pause on approvals of exports of LNG saying it would protect Americans from pollution and potential higher prices.

Sinopec in Talks with Pembina Pipeline for LNG Offtake, Cedar LNG Stake, Sources Say

China's Sinopec is in discussions with Pembina Pipeline Corp. for an LNG offtake agreement and equity stake in the Canadian company's proposed Cedar LNG project, sources said.

TC Energy's Keystone Pipeline Shines in Q1, Achieving Record Operational Reliability

Total earnings from TC Energy's pipeline segments came in at $1.66 billion, primarily driven by the Keystone pipeline, which achieved 96% "operational reliability", TC Energy said.

Iran, Pakistan Seek Ways to Complete Long-Delayed 1,180-Mile Gas Pipeline Project

Iran and Pakistan are looking at ways to complete the long-delayed gas pipeline project between the two countries, Iran's Consul General to Pakistan, Hassan Nourian, said on Monday.

Natural Gas Flows to Freeport LNG in Texas Reach Two-Month High

The amount of natural gas flowing to Freeport LNG's export plant in Texas rose to a two-month high on Sunday in what energy traders said was another sign that the plant was wrapping up a series of outages over the past month or so.

Russia Plans to Pipe 35 Bcm of Gas to China via Kazakhstan, TASS Reports

Russia plans to send some 35 billion cubic meters (Bcm) of natural gas per year to China via Kazakhstan, the TASS news agency reported on Saturday citing Kazakhstan's envoy to Russia, disclosing the potential volumes for the first time.

Kinder Morgan-Backed Gas Pipeline Expansion Prevails in U.S. Appeals Court Decision

The Kinder Morgan-backed Evangeline Pass Expansion project would expand existing pipelines to feed more fuel to Venture Global's Plaquemines liquefied natural gas export terminal in the Gulf of Mexico.

Occidental Explores Sale of Permian Assets Worth Over $1 Billion, Sources Say

Occidental Petroleum is exploring a sale of a part of its operations in the Permian Basin that could fetch more than $1 billion for the energy producer, according to people familiar with the matter.

U.S. Faces Natural Gas Shortfall as LNG Canada Terminal Nears Operational Phase

The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said.

Shell Nigeria Inks $100 Million Gas Pipeline Deal with Oyo State

Shell's Nigerian unit has signed an agreement with Oyo state in the south of the country to construct a pipeline delivery system to serve industries in the state at a cost of $100 million, the Oyo government said on Friday.

Energy Transfer Subsidiary Sunoco and NuStar Energy Merger Receives Green Light from Unitholders

The acquisition grants Sunoco access to NuStar's extensive transportation and storage infrastructure, encompassing approximately 9,500 miles of pipeline and 63 terminals.

Plains All American Raises Stake Saddlehorn Pipeline JV, Surpasses Q1 Profit Estimates

Pipeline and storage operator Plains All American raised its stake in the Saddlehorn Pipeline Company joint venture and a mid-Continent basin terminal asset by 10% for about $110 million in cash.

Railroad Commissioner Criticizes Biden's LNG Export Pause at House Committee Hearing

Commissioner Christian denounced President Biden's actions as election year politics, asserting that the pause on LNG exports would neither reduce emissions nor benefit allies, instead making energy more expensive and less accessible.

Russia's Gazprom Sees Worst Loss in Decades as European Gas Sales Collapse

Kremlin-owned gas giant Gazprom said on Thursday it plunged to a net loss of $6.9 billion in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market.

Exxon's $60 Billion Deal with Pioneer Gets FTC Approval, Former Pioneer Exec Barred from Board

U.S. regulators on Thursday gave the go-ahead to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred Pioneer's former CEO from Exxon's board on allegations he attempted to collude with OPEC to raise oil prices.

Targa Resources Beats First-Quarter Core Profit Estimates on Higher Transportation Volumes

Targa Resources beat Wall Street estimates for first-quarter core profit, as the pipeline operator benefitted from higher volumes of natural gas liquids (NGL) transported through its system.

Exxon Pushing Forward with Mozambique LNG Project, Official Says

Exxon Mobil is "optimistic and pushing forward" with its delayed Rovuma LNG project in Mozambique and expects a final investment decision at the end of next year, a company official said on Thursday.

Shell Smashes Forecasts with $7.7 Billion Quarterly Profit Driven by Strong LNG Performance

Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas production rose.

Tellurian Sends Production Workers Home Amid Talks for Haynesville Shale Sale

The Houston-based company has been holding talks with potential buyers to sell its Haynesville shale gas business to raise capital for its proposed Driftwood LNG export plant.

U.S. Natural Gas Prices Retreat Amid High Storage Levels Despite Increased LNG Demand

U.S. natural gas futures eased on Tuesday, pressured by large storage levels, after marking its best day in over two years in the previous session, helped by forecasts for more demand than previously expected with an increase in feedgas to Freeport LNG's export plant in Texas.

ONEOK's Q1 Profit Dips Due to Higher Costs, Despite Uptick in Pipeline and Gathering Segments

Pipeline operator ONEOK reported a decline in first-quarter profit on Tuesday due to increased operating costs and capital expenditures. However, the company noted an increase in capacity utilization in its natural gas gathering and pipeline segments, rising from 96% to 97%.