Infrastructure
CPP Investments Acquires $843 Million Stake in Private Midstream Firm Tallgrass Energy
Based in Denver, Colorado, Tallgrass is a leading infrastructure company operating a network of more than 10,000 miles of pipeline assets across 14 states in the U.S.
Alabama Town to Begin $2.8 Million Natural Gas Pipeline Project with Infrastructure Funds
Cordova, Alabama, will kick off a major natural gas pipeline replacement project with a groundbreaking ceremony on August 20.
Navigator Gas, Bumi Armada, Bluestreak CO2 Partner with Uniper for UK CO2 Export Study
This partnership aims to establish a comprehensive CO2 value chain, including shuttle tankers and storage units, to transport and store captured CO2 from Uniper’s Grain site.
Corrosion Control: Enhancing Protection for Tanks and Pipelines with VCIs
Vapor corrosion inhibitors (VCIs) offer a complementary solution to traditional corrosion protection methods, enhancing the defense of tanks, pipelines, and insulated surfaces in hard-to-reach areas.
Mexico's New Government to Encourage Pemex Partnerships with Private Oil Firms, Sources Say
Mexico's incoming government will encourage state oil producer Pemex to seek equity partnerships with private oil companies, a model out of favor with the current president, in a bid to boost reserves amid towering debt, according to four sources familiar with the matter.
Pigging Technology: Market Sees Burgeoning Areas for Opportunities
The pipeline-pigging service market is projected by Nestor to reach $12 billion by year-end 2036, thriving at a CAGR of 6% during the forecast period. The industry size of pipeline pigging garnered $9 billion in the year 2023.
Woodside's $1.2 Billion Bid for Tellurian Likely Unchallenged, Sources Say
Woodside Energy which agreed last month to buy Tellurian, the developer of a fully-permitted U.S. LNG project, for $1.2 billion including debt is unlikely to face a rival bid, people close the deal said.
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.
Ukraine Pierces Russian Border Near Major Gas Transmission Hub
Russia said on Wednesday that it was fighting intense battles against Ukrainian forces which had penetrated the Kursk region near a major natural gas transmission hub in one of the largest incursions into Russia since the war began in February 2022.
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.
Argent LNG Secures Initial FERC Meeting for Louisiana Export Project
Argent LNG has taken a key step toward developing its mid-sized LNG export facility in Louisiana by initiating the pre-filing review with the Federal Energy Regulatory Commission.
Woodside Energy Acquires OCI’s Texas Ammonia Project for $2.35 Billion
OCI Global has agreed to sell its Clean Ammonia project in Beaumont, Texas, to Woodside Energy for $2.35 billion. The project integrates Linde’s low CI hydrogen production and carbon capture technology with OCI’s ammonia production, storage, and transportation infrastructure.
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.
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.
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.
BP to Construct Up to 10 Green Hydrogen Projects This Decade
BP aims to construct five to 10 low-carbon hydrogen projects this decade in order to produce clean fuels and reduce greenhouse emissions, CEO Murray Auchincloss said on Tuesday.
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.
Enagas Gets Initial Approval for Spanish Section of H2MED Hydrogen Pipeline
The Spanish government gave a first go-ahead to gas grid operator Enagas to start developing the Spanish section of a planned trans-European hydrogen pipeline and related hydrogen infrastructure projects.
TC Energy Sells Pipeline Stake to Indigenous Communities for $722 Million
TC Energy said it will sell a minority stake in its Nova Gas transmission system and the Foothills pipeline assets for $722.1 million to certain indigenous Canadian communities as part of a plan to reduce its debt and fund investments.
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.
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
