Regions
Five Point Seeks $2 Billion Sale of Permian Pipeline Operator Northwind
Private equity firm Five Point Infrastructure is exploring a $2 billion sale of Northwind Midstream, its Permian Basin gas infrastructure operator focused on acid gas treatment, according to sources familiar with the matter.
Penspen Joins UK’s HyNet Project with CO₂ Pipeline Design Deal
Penspen has secured a multi-million-pound contract to lead the detailed engineering design of the HyNet CO₂ pipeline, a key UK project aiming to cut emissions by up to 10 million tonnes annually and help meet national net-zero targets.
U.S. DOE to Resume LNG Export Permit Decisions After Policy Pause
The U.S. Department of Energy will begin reviewing pending LNG export permits for non-FTA countries after completing a study on environmental and economic impacts, ending a pause enacted under the Biden administration.
TotalEnergies Signs 20-Year Canada LNG Deal, Takes Stake in Ksi Lisims Project
TotalEnergies has signed a 20-year agreement to purchase 2 million tons of LNG annually from Canada’s Ksi Lisims project and acquired a 5% stake in developer Western LNG, with options to expand its ownership when a final investment decision is made.
U.S. Gulf Coast’s First LNG Bunkering Hub Approved for Construction
GLBP, a joint venture between Pilot LNG and Seapath, has secured final permits to build the first LNG marine fuel terminal on the U.S. Gulf Coast, with construction set to begin later this year and operations starting in 2027.
Russia's Gazprom in Talks with Serbia on New Gas Supply Deal
Gazprom is negotiating a new natural gas supply contract with Serbia, which relies heavily on Russian gas via the TurkStream pipeline. Talks follow President Vucic’s recent visit to Moscow and aim to finalize a deal by May 31.
Permian Pipeline Constraints Push Waha Gas Prices Below Zero
Natural gas prices at the Waha Hub in West Texas dropped below zero for the fourth time in 2025 due to pipeline maintenance and constraints, highlighting ongoing midstream bottlenecks in the Permian Basin.
North Dakota Oil Producers to Cut Rigs as Prices Fall
Oil producers in North Dakota are planning to cut rigs and frac crews as prices dip below breakeven levels, with the state expecting a drop in rig count to 27 by August, according to its mineral resources department.
Oil Companies Face Spill Liability Under New Guyana Law
Guyana’s parliament has passed a bill requiring oil companies to provide financial assurance for oil spills and comply with stricter regulations, holding them liable for damages as offshore production climbs past 900,000 barrels per day.
Azerbaijan Reports 3.1% Drop in BTC Pipeline Oil Exports
Azerbaijan’s oil exports via the BTC pipeline dropped 3.1% year-on-year to 9.3 million metric tons in January–April, with total transit volumes also down, according to official government data.
Iowa Senate Passes Bill Tightening Rules on Carbon Pipeline Land Seizures
The Iowa Senate passed a bill tightening requirements for carbon pipeline companies to use eminent domain, adding landowner protections and new limits on pipeline operations amid growing pushback from rural communities.
Line on Trans Niger Pipeline Shut After Spill in Ogoniland
Renaissance Energy shut down a line on Nigeria’s Trans Niger Pipeline following an operational oil spill near the B-Dere community. Cleanup efforts are underway after the pipeline was clamped and the leak contained.
China Overtakes U.S. as Leading Buyer of Crude on Trans Mountain Pipeline
China has overtaken the U.S. as the top buyer of Canadian crude shipped through the Trans Mountain pipeline, as trade tensions and sanctions reshape global oil flows and increase Asia-bound exports from Alberta.
EPA to Rule on Backlog of Refinery Biofuel Exemption Requests
The EPA plans to issue decisions on more than 160 pending refinery biofuel exemption requests, marking a shift in biofuels policy and potentially impacting blending, RIN markets, and midstream operations starting in 2026.
Wood Mackenzie Warns of Gas Turbine Supply Constraints Through 2040
Wood Mackenzie expects new gas-fired generation projects of around 890 gigawatt (GW) capacity to be added globally between 2025 and 2040, with the U.S. and China leading at 47% annual additions during the same period.
Phillips 66 Sells Majority Interest in European Fuel Retailer
Phillips 66 will sell a 65% stake in its Germany and Austria JET-branded retail fuel network for $2.8 billion, forming a joint venture with Energy Equation Partners and Stonepeak while retaining a minority interest.
Strathcona Acquires Canada’s Largest Crude-by-Rail Hub, Sells Assets for $2.84 Billion
Strathcona Resources has acquired the Hardisty Rail Terminal, Western Canada’s largest crude-by-rail hub, and sold its Montney assets for $2.84 billion as part of its midstream-focused consolidation strategy.
Enbridge Sells $511 Million Stake in Westcoast Pipeline to Indigenous Alliance
Enbridge has agreed to sell a 12.5% stake in its Westcoast pipeline system to a Canadian Indigenous alliance for $511 million, marking a major step in First Nations equity participation in energy infrastructure.
Venture Global Pushes FERC to Reapprove CP2 LNG Project in Louisiana
Venture Global is urging FERC to reapprove its CP2 LNG terminal in Louisiana—set to be the largest in the U.S.—following a completed environmental review showing no significant air quality impacts.
Construction Begins on EU’s First CO₂ Storage Terminal in Denmark
Construction has started on the Greensand CO₂ terminal in Port Esbjerg, Denmark—the EU’s first full CCS hub. The facility will store and ship CO₂ for permanent offshore storage in the Danish North Sea.
Saudi Crude Flows to China Expected to Stay High in June
Saudi Arabia is set to maintain oil exports to China at a one-year high in June, with 48 million barrels allocated amid increased OPEC+ output and strong demand from Chinese refiners.
Aramco Signs $90 Billion in U.S. Deals as Trump Gulf Visit Sparks New Tie-Ups
Saudi Aramco announced $90 billion in preliminary deals with major U.S. firms during Trump’s Gulf visit, highlighting expanded partnerships across energy, AI, and digital infrastructure.
NeuVentus Launches Open Season for Gas Storage at Texas TRU Hub
NeuVentus opens non-binding open season for up to 20 Bcf of natural gas storage at its TRU Hub salt cavern project in Liberty County, Texas. Bids close June 27, 2025.
Svante Opens First Commercial Carbon Capture Gigafactory in British Columbia
Svante opens the world’s first commercial carbon capture gigafactory in Canada. The Redwood facility will manufacture filters to capture up to 10 million tonnes of CO₂ annually for industrial and direct air capture use.
Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
Tallgrass secures anchor shippers for a proposed Permian-to-Rockies pipeline, aiming to move up to 2.4 Bcf/d of natural gas by late 2028 and link into its decarbonization network.
Aemetis, Centuri Sign $27 Million Deal to Build RNG Systems for 15 California Dairies
Aemetis has signed a $27 million deal with Centuri to build gas cleanup systems for 15 California dairies, part of its plan to scale renewable natural gas production across 50 farms.
Pemex to Cut Crude Exports as Olmeca Refinery Ramps Up, Official Says
Pemex plans to reduce crude oil exports as its new Olmeca refinery begins processing 100,000 bpd, increasing local capacity to 1.2 million bpd, a PMI official said.
ArcLight Takes Majority Stake in NGPL Pipeline System; Kinder Morgan Retains Minority Interest
NGPL, one of the largest interstate natural gas pipeline networks in the U.S., spans nine states with approximately 9,100 miles of pipeline, one million horsepower in compression, and 288 billion cubic feet of storage.
Japan’s Eneos Boosts LNG, SAF Investments While Scaling Back Hydrogen Plans
Japan’s Eneos plans to invest $10.7 billion under a new three-year strategy, prioritizing LNG and sustainable aviation fuel while pulling back on hydrogen and ammonia targets.
Glencore Inks 20-Year LNG Deal with Commonwealth, Kimmeridge
Glencore has signed a 20-year agreement to purchase 2 million tonnes of LNG annually from Commonwealth's Louisiana export terminal, supported by natural gas from Kimmeridge Texas Gas, helping advance the project toward a final investment decision.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- Traverse Pipeline Approved to Move 1.75 Bcf/d of Gas Along 160-Mile South Texas–Katy Route
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- DOE Considers Cutting Over $1.2 Billion in Carbon Capture Project Funding
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Newsom Seeks to Aid Struggling Refiners Following Valero’s California Exit
