Regions
U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
A new report finds that 80% of planned U.S. natural gas pipeline capacity—totaling 99 Bcf/d—is geared toward liquefied natural gas (LNG) exports rather than domestic energy needs, raising concerns over long-term emissions and consumer energy costs.
U.S. Jobs Report Spurs Oil Rally, Fuels Economic Recovery Hopes
Crude prices rose over $1 a barrel on June 6, marking their first weekly gain in three weeks, after a U.S. jobs report reinforced hopes for a Fed rate cut and stronger demand. Trade talks between the U.S. and China also lifted market sentiment.
WTI-Brent Spread Shrinks to 21-Month Low on U.S. Supply Concerns
The WTI-Brent crude spread narrowed to its tightest level since September 2023, driven by rising U.S. prices amid falling rig counts and Canadian supply cuts, signaling possible declines in U.S. oil exports.
Argentina’s YPF, Italy’s Eni Partner to Export 30 Million Tons of LNG
Italy’s Eni has signed an agreement with Argentina’s YPF to participate in the Argentina LNG project, aiming to export up to 30 million tons of LNG per year from the Vaca Muerta basin.
India’s GAIL Diverts LNG Cargo as Monsoon Cuts Power Demand
India’s GAIL has re-sold a liquefied natural gas cargo after early monsoon rains reduced power demand and filled its LNG storage tanks. The diverted shipment was originally headed to India from the U.S. Cove Point terminal.
Canada Confirms Work Has Begun on 559-Mile Prince Rupert Gas Pipeline
Canadian officials confirmed construction has begun on the 559-mile Prince Rupert Gas Transmission pipeline, ensuring the project's environmental certificate remains active as it moves forward to support LNG exports from British Columbia.
PetroReconcavo Buys 50% Stake in Brazil Gas Assets for $65 Million
PetroReconcavo has acquired a 50% stake in midstream natural gas infrastructure in Brazil's Rio Grande do Norte from Brava Energia for $65 million, including processing units and a gas pipeline.
U.S. Gas Prices Near 3-Week High Despite Weaker Demand
U.S. natural gas prices held near a three-week high as falling output offset weaker demand forecasts tied to seasonal LNG plant maintenance. Futures remained steady, while exports and pipeline flows continued to fluctuate across North America.
Penn America CEO Meets with White House to Revive Pennsylvania LNG Terminal
Penn America Energy’s CEO visited the White House to advance plans for a Pennsylvania LNG export terminal, reviving a long-delayed project facing local opposition and political scrutiny.
NW Natural Expands Texas Footprint with $60 Million Hughes Gas Acquisition
NW Natural Holdings has acquired Texas-based Hughes Gas Resources for $60 million, expanding its regulated utility presence in the Houston area through SiEnergy.
Vietnam’s Cai Mep LNG Terminal Receives First Cargo from Russia’s Sakhalin 2
Vietnam’s Cai Mep LNG terminal has received its first commissioning cargo from Russia’s Sakhalin 2 project, marking a new milestone in the country’s expanding LNG infrastructure.
ONEOK Takes Full Control of Delaware Basin JV in $940 Million Deal
ONEOK has acquired the remaining 49.9% stake in its Delaware Basin joint venture from NGP XI Midstream Holdings in a $940 million cash-and-stock deal, expanding its control over natural gas operations in West Texas and New Mexico.
Glenfarne’s Alaska LNG Project Attracts $115 Billion in Partner Bids
Glenfarne says over 50 companies have expressed more than $115 billion in strategic partner interest for its Alaska LNG project, which includes an 807-mile pipeline and a 20 mtpa export terminal.
Trinidad’s Atlantic LNG Output Jumps 43% in May
Trinidad and Tobago’s Atlantic LNG facility boosted production by 43% in May, exporting 0.83 mtpa of LNG—its highest monthly volume this year, according to LSEG tracking data.
ADNOC’s XRG Targets 25 Million Tons of LNG, Gas Capacity Per Year by 2035
Abu Dhabi’s XRG, backed by ADNOC, is targeting 20–25 million tons of gas and LNG capacity by 2035 as part of a bold new strategy. The investment arm is eyeing acquisitions in North America and positioning itself as a global energy player.
U.S. Midstream Report: Natural Gas Pipeline Growth Drives 2025 Optimism
In this midyear outlook, P&GJ Editor-in-Chief Michael Reed highlights major pipeline projects in the Permian and Haynesville that signal growth in natural gas infrastructure. With LNG demand and political momentum driving new construction, optimism is returning to the U.S. midstream sector—even as permitting challenges persist.
Venture Global Begins Site Work on CP2 LNG Project After Federal Greenlight
Venture Global has begun site work at its CP2 LNG export facility in Louisiana after receiving final federal approvals from the Federal Energy Regulatory Commission (FERC) and the U.S. Department of Energy.
Northwind Adds Third AGI Well, Expands Titan Complex in New Mexico
Northwind Midstream has received final permitting for a third AGI well and EPA approval for carbon sequestration at its Titan Complex in New Mexico, alongside expanding its gas treating and compression infrastructure.
Badenova Launches Southern Germany's First Hydrogen Pipeline
BadenovaNETZE has begun construction on a 58-kilometer (34-mile) hydrogen pipeline in southern Germany, marking the first phase of the H2@Hochrhein project. The pipeline will supply green hydrogen to energy-intensive industries along the Upper Rhine and is scheduled for completion by 2030.
Trump Wants to Shut 1 Million-Barrel Heating Oil Reserve in Northeast
President Trump's new budget proposal calls for shutting down the Northeast Home Heating Oil Reserve, a 1-million-barrel emergency fuel stockpile created to protect consumers during winter fuel shortages.
Corrosion-Linked Blast Disables Iraq Gas Pipeline Near Kirkuk
An explosion and fire disabled a gas pipeline in Iraq’s Kirkuk region, halting domestic supply to power stations in Baiji. Officials from North Gas Co. attributed the blast to pipeline corrosion, with repairs expected to take two days.
Billionaire Razon to Acquire 60% of First Gen’s Gas Assets for $896 Million
Billionaire Enrique Razon’s Prime Infra will acquire a 60% stake in First Gen’s gas business for $896 million, with the Lopez family retaining 40%. The deal includes a planned facility in Batangas and aligns with First Gen’s push to expand renewables.
Wood Mackenzie: U.S. Gas Sector Set to Benefit as Henry Hub Prices Poised to Climb
Wood Mackenzie analysts project Henry Hub gas prices will rise to $5 by 2030 and $6 by 2035, driven by surging demand from data centers, LNG exports, and domestic manufacturing. The firm identifies EQT, Expand, and Antero as top producers most exposed to the upside.
North Dakota’s Bakken Basin Set for Midstream Comeback, Experts Say
Experts see a midstream resurgence in North Dakota’s Bakken region, citing increased oil and gas production, pipeline expansions, and long-term infrastructure planning.
Marcellus and Utica Push Ahead Despite Regulatory Hurdles
As President Trump’s administration signals support for domestic energy, midstream leaders in the Marcellus and Appalachian region push for permitting reform, expanded pipeline infrastructure, and policy changes to drive oil and gas growth.
Oil Leak Shuts Pipeline Feeding Libya’s Largest Refinery
Libya’s National Oil Corporation halted flow from the Hamada oilfields after an oil leak was detected on a pipeline near the Zawiya refinery, the country’s largest. Recovery and investigation efforts are underway to address environmental impacts.
Controversial 98-Mile Gas Pipeline to Link Malta, Italy Draws EU Pushback
A gas pipeline between Malta and Italy has become one of the EU’s most contentious energy projects — with ties to scandal, climate backlash, and high-stakes political pressure. What’s really behind the Melita pipeline debate?
Sinopec Sets Up China’s Largest Hydrogen Venture Fund at $690 Million
China's state-owned energy giant Sinopec has launched a $690 million venture capital fund—the country's largest of its kind—to accelerate early-stage investments across the hydrogen energy value chain.
U.S. Axes 24 Clean Energy Projects, Including Exxon’s Baytown Hydrogen Plan
The U.S. Department of Energy has canceled more than $3.7 billion in clean energy awards issued under the Biden administration, including a major hydrogen project at ExxonMobil's Baytown refinery. The move aligns with the Trump administration's broader rollback of climate policies.
Sempra’s Port Arthur Phase 2 Gets Final U.S. Approval to Export LNG
Sempra's Port Arthur Phase 2 project in Texas has received final approval from the U.S. Department of Energy to export liquefied natural gas, marking the first such authorization under President Trump. The project is expected to export nearly 2 Bcf/d once completed.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- US Poised to Become Net Exporter of Crude Oil in 2023
- EIG’s MidOcean Energy Acquires 20% Stake in Peru LNG, Including 254-Mile Pipeline
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Newsom Seeks to Aid Struggling Refiners Following Valero’s California Exit
