Infrastructure
Coterra Expands in Permian with $4 Billion New Mexico Acquisitions, Adds 125 Miles of Pipeline
Coterra Energy Inc. has announced agreements to acquire assets from Franklin Mountain Energy and Avant Natural Resources for a combined $3.95 billion.
Spain's Exolum Tests Using Oil Infrastructure for Green Hydrogen in Britain
Exolum has launched a pilot project in Britain to explore using oil infrastructure for transporting and storing green hydrogen. The project, supported by the British government, uses liquid organic hydrogen carriers (LOHC) to address key challenges in the hydrogen economy, aiming to reduce costs and speed up deployment.
Cadiz to Repurpose Steel from Terminated Keystone XL Pipeline for California Water Project
The steel will join Cadiz’s existing pipeline assets, which include 220 miles acquired from El Paso Natural Gas in 2021. Once operational, this expanded pipeline network will create the largest groundwater bank in the Southwest.
Investment Firm Aethon Explores Options for $10 Billion U.S. Natural Gas Assets, Sources Say
U.S.-based investment firm Aethon Energy Management is considering options for its natural gas assets valued at around $10 billion, according to sources. Aethon’s portfolio, primarily focused on the Haynesville shale, positions the firm as one of the largest privately held gas producers in the U.S.
Crown LNG Races to Develop and Start Texas LNG Plant Before Trump's Term Ends in 2029
Crown LNG aims to complete a Texas-based LNG export plant before President Trump’s term concludes in 2029, with a focus on expediting offshore development to streamline regulatory approval.
Acciona, RCM to Construct $230 Million Breakwater for Italy’s Ravenna LNG Terminal
Acciona and RCM will construct a $230 million breakwater for Italy's Ravenna LNG terminal, enhancing protection for the offshore facility managed by Snam. Completion is expected in early 2025.
Cheniere Study Shows Lower GHG Emissions in Updated LNG Life Cycle Analysis
Cheniere Energy recently published an updated life cycle assessment of greenhouse gas emissions tied to its liquefied natural gas operations, incorporating new data from its supply chain.
Norway to Acquire Full Control of Gas Pipeline Network in $1.6 Billion Government Deal
Norway has agreed to a $1.6 billion buyout with seven private owners to nationalize most of its gas pipeline network, enhancing government control over the key energy infrastructure.
Pipeline Explosion at PDVSA Facility in Venezuela’s Monagas Region Causes Injuries
A pipeline explosion at a natural gas complex in Venezuela’s eastern Monagas state has left several people injured, causing outages and halting operations. The blast, which resulted in a fire, damaged pipelines and equipment at the PDVSA-operated facility.
First Renewables Begins Flow of Renewable Gas in New Zealand Pipeline
New Zealand's gas infrastructure reached a significant milestone with the launch of renewable gas flowing through a Firstgas pipeline, marking the country's first-ever use of biogas for residential and commercial users.
WhiteWater Reaches FID on 170-Mile, 1.75 Bcf/d Pelican Pipeline to Serve Louisiana’s Gillis Hub
WhiteWater has announced it will proceed with constructing the Pelican Pipeline, a major natural gas line stretching 170 miles from Williams, Louisiana, to the Gillis Hub near Ragley, Louisiana.
Kenya, Uganda Reviving Oil Products Pipeline Effort
Kenya and Uganda have begun negotiations on the possible revival of the stalled refined oil pipeline extension project from Eldoret in western Kenya to Uganda’s capital Kampala, where a new dedicated terminal receipt facility is be constructed.
Mid-Michigan Pipeline Completion Bolsters Natural Gas Reliability Across Five Counties
Consumers Energy has completed its Mid-Michigan Pipeline, upgrading 55 miles of natural gas pipeline to enhance reliability across five counties. The $1.5 billion project modernizes the gas delivery system just in time for winter.
TC Energy's Profit Surpasses Estimates, Driven by U.S. Gas Pipeline Demand
TC Energy exceeded third-quarter profit forecasts, with significant growth from its U.S. natural gas pipeline segment amid rising North American energy demand. The company continues to benefit from high natural gas consumption and record U.S. imports of Canadian oil.
Williams Companies Exceeds Q3 Profit Estimates on Higher Revenue, Boost from Transco Pipeline
Williams Companies surpassed third-quarter profit forecasts with strong service revenue and increased natural gas flows, especially from its Transco pipeline. The company raised its annual profit outlook, citing demand from data center growth and industrial re-shoring projects.
Energy Transfer Receives 16 Bcf/d Natural Gas Requests Amid Growing Data Center, Power Needs
Energy Transfer reported a substantial increase in requests to connect over 90 power plants and data centers, with potential demand totaling up to 16 Bcf/d of natural gas. The surge is fueled by growth in data centers supporting AI, and pipeline proximity could allow Energy Transfer to capture a significant portion of this new demand.
Sempra's Port Arthur LNG Phase 2 Progressing Faster Than Cameron LNG Expansion, CFO Says
The Texas-based Port Arthur project benefits from a continuous construction agreement with Bechtel and is on track to receive its non-FTA export permit early next year. Meanwhile, the timing for financial approval of the Cameron expansion remains uncertain.
Federal Regulators Approve Venture Global to Introduce Natural Gas at Louisiana LNG Plant
Federal regulators have granted Venture Global permission to introduce natural gas into its Plaquemines LNG plant in Louisiana, bringing the facility closer to producing liquefied natural gas (LNG) and strengthening U.S. LNG export capacity.
Texas GulfLink Project Gets EPA Backing for Crude Export Hub off Texas Coast
The U.S. Environmental Protection Agency (EPA) has given its nod to the Texas GulfLink (TGL) Deepwater Port Project, a venture proposed by Texas GulfLink Holdings, a subsidiary of Sentinel Midstream LLC, intended to facilitate crude oil exports from the U.S. coast.
Exxon Mobil to Sell Argentina's Vaca Muerta Assets to Pluspetrol
Exxon Mobil has agreed to sell its oil and gas assets in Argentina's Vaca Muerta shale formation to Pluspetrol, including five blocks in Neuquen province and its stake in pipeline operator Oldelval.
Argentina's New Pipeline to Boost Domestic Gas Supply, Eye Export
Argentina launched the Northern Natural Gas Pipeline to enhance domestic supply from the Vaca Muerta shale field, aiming to end reliance on Bolivian imports and potentially enable exports to nearby countries.
Another Major U.S. Oil Refinery Shutting Down as Lyondell Confirms Houston Closure
LyondellBasell Industries plans to permanently close its 263,776 bpd Houston refinery in early 2025, citing long-term shifts in fuel demand amid rising renewable energy and electric vehicle adoption. The closure adds to a wave of U.S. refinery shutdowns as the industry adapts to changing market conditions.
Canadian Natural Cuts Gas Drilling Targets as Prices Slide
Canadian Natural Resources will reduce natural gas drilling in 2024 as weak prices persist, despite stronger-than-expected third-quarter profits driven by oil sands production.
Comprehensive Review and Comparative Study of Risk Models
Risk models are prominent pipeline integrity management (PIM) tools used to make data-driven decisions. As computing power has increased and data acquisition methods have proliferated, risk models have become more complex.
Practical Approach to Managing Project Challenges
Creating an innovation platform requires an environment that encourages rapid adoption of industrial changes and an innovative mindset that never mistakes activity for progress.
Tokyo Gas in Talks to Acquire Stake in Woodside’s Louisiana LNG Project
Tokyo Gas is in talks with Woodside Energy to acquire a stake in the Louisiana LNG project, an ambitious U.S. Gulf Coast facility poised to convert U.S. shale gas into LNG for export. This potential investment aligns with Tokyo Gas’ strategy to secure long-term U.S. gas supplies.
ONEOK Completes $2.6 Billion Medallion Acquisition, Largest Private Crude System in Permian
ONEOK, Inc. announced the completion of its $2.6 billion acquisition of Medallion Midstream, the largest privately held crude oil gathering and transportation system in the Permian Basin's Midland region, from Global Infrastructure Partners.
Ecopetrol Halts Pipeline Operations Following Explosive Attack and Oil Spill
Ecopetrol has halted operations on a pipeline transporting oil from the Cira Infantas field in Colombia after an explosive attack caused an oil spill. While no injuries were reported, the incident has resulted in environmental damage, highlighting the ongoing threats to oil operations in the region.
Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Valero Energy Corp. is evaluating various options for its two California refineries, including potential sales, in response to increasing regulatory pressures in the state. CEO Lane Riggs indicated that "all options are on the table," highlighting the challenges faced by refiners in California.
ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
ConocoPhillips is exploring the sale of over $1 billion in Permian shale assets, part of its strategy to streamline operations ahead of its Marathon Oil acquisition. The Houston-based oil and gas producer aims to raise $2 billion through asset sales.
- 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
- Diversified Energy Closes $42 Million Summit Natural Resources Acquisition
- 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
