Eagle Ford

EQT, Blackstone Forge $3.5 Billion Deal for Mountain Valley Pipeline Stake

(P&GJ) — EQT Corporation announced a $3.5 billion joint venture (JV) with Blackstone Credit & Insurance (BXCI) focused on midstream assets, including stakes in the Mountain Valley Pipeline (MVP) and the Hammerhead Pipeline.

Trump Plans Aggressive LNG Export Expansion, Offshore Drilling Push

Donald Trump is preparing an extensive energy plan prioritizing LNG export permits and accelerating offshore drilling. The initiative aims to lift Biden's LNG permit freeze and expand U.S. natural gas dominance.

U.S. Awards $2.2 Billion for Gulf Coast, Midwest Hydrogen Hubs to Advance Clean Energy

The U.S. Department of Energy is awarding up to $2.2 billion to hydrogen hubs on the Gulf Coast and in the Midwest to accelerate clean-energy development, aiming to boost industrial applications and address climate goals.

LNG Feedgas to Louisiana’s Plaquemines Plant Drives U.S. Total to 10-Month High

Feedgas to U.S. LNG export plants is poised to hit a 10-month high, driven by record flows to Louisiana's Plaquemines LNG plant as testing continues ahead of its anticipated launch. The U.S. remains the world’s leading LNG supplier, with exports fueling demand growth globally.

ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion

(P&GJ) — ONEOK has agreed to sell its three wholly owned interstate natural gas pipeline systems—Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission—to DT Midstream for $1.2 billion in cash.

Venture Global LNG’s Louisiana Plant Runs $2.35 Billion Over Budget, Documents Disclose

Venture Global LNG's second liquefied natural gas export facility in Louisiana is $2.35 billion over budget, according to IPO documents. The company attributes the cost increase to inflation and construction challenges but remains confident in covering future overages.

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.

U.S. Natural Gas Prices Hit 25-Year Low at Henry Hub, Drop into Negative at Waha

U.S. natural gas prices plunged to a 25-year low at Henry Hub and into negative territory at Waha, driven by mild weather, low demand, and pipeline constraints.

Freeport LNG Sets New Gas-Processing Record After Plant Overhaul

Freeport LNG drew record natural gas volumes on several days this week, according to financial firm LSEG, following completion of an overhaul that increased processing capacity.

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.

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.

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.

Trump’s Return May Shift U.S. Energy Focus, but Clean-Energy Boom Remains Strong

Donald Trump's return to the White House would likely redirect U.S. energy policy towards oil and gas, but experts believe the nation's clean-energy boom will maintain momentum due to existing subsidies and market dynamics.

Texas Reelects Craddick to Lead Oil Regulatory Body, Signaling Continued Industry Growth

Texas voters have re-elected Christi Craddick as chair of the Texas Railroad Commission, reinforcing her conservative stance on energy regulation and signaling further growth for the state’s oil industry, including the Permian Basin.

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.

Freeport LNG Reports Temporary Shutdown at Texas Facility Due to Power Fluctuation

Freeport LNG reported on Monday that three LNG processing trains at its Quintana, Texas, facility were back online after temporary outages that began on Friday because of a power feed interruption.

Glenfarne Chooses Kiewit for Texas LNG Export Terminal Construction

Glenfarne Group has selected Kiewit as the construction contractor for its Texas LNG export terminal in Brownsville. The facility aims to process 0.5 Bcf/d of natural gas, targeting commercial operations by 2028, with a possible extension to 2029.

U.S. Crude Oil Pipeline Squeeze Boosts Prices at Gulf Coast Export Hub

U.S. crude oil prices at the Gulf Coast export hub have surged due to limited pipeline capacity from the Permian basin. A growing demand for light sweet crude, alongside record production, has widened the price gap between West Texas and Houston.

Enbridge Q3 Profit Surges on U.S. Gas Acquisitions, Raises Growth Forecast

New investments included the $1.1 billion Sequoia Solar project in Texas and the $700 million offshore Canyon System Pipelines project on the U.S. Gulf Coast.

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’s Q3 Profit Surges 53% on Rocky Mountain NGL Demand; Annual Forecast Narrowed

ONEOK’s third-quarter profit rose 53%, driven by strong natural gas and NGL demand in the Rocky Mountain region. The pipeline operator narrowed its annual forecast, reflecting growth in its NGL and refined products segments and continued asset expansion.

U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say

U.S. liquefied natural gas (LNG) exports could face setbacks if Donald Trump wins the election and imposes a proposed 60% tariff on Chinese imports, analysts say. The move may lead to trade tensions and reduce demand for U.S. LNG from China, affecting export growth.

EQT Sells Remaining Pennsylvania Natural Gas Assets to Equinor for $1.25 Billion

EQT Corp. has agreed to sell its remaining Pennsylvania natural gas assets to Equinor for $1.25 billion, with proceeds aimed at reducing debt following its recent pipeline acquisition. The transaction also expands Equinor’s U.S. production footprint in the Marcellus shale.

U.S. Allocates $196 Million for Natural Gas Pipeline Modernization

The funding, part of President Biden's Bipartisan Infrastructure Law, will support 60 projects aimed at enhancing safety, reducing environmental harm, and lowering energy costs by replacing leak-prone pipelines.

Four Petroleum Liquids Pipelines Completed in U.S. Since 2023

Four new petroleum liquids pipelines, including three crude oil projects and one hydrocarbon gas liquids (HGL) pipeline, have been completed in the U.S. since 2023, according to data from the U.S. Energy Information Administration’s (EIA) updated Liquids Pipeline Projects Database.

Energy Transfer Taps KBR, Technip to Build Louisiana LNG Plant

Energy Transfer has signed a preliminary agreement with KBR and Technip Energies to construct the Lake Charles LNG plant, pending a final investment decision. The project, in development since 2015, requires additional permits and customer agreements to move forward.

New 580-Mile Texas Pipeline Eases Bottlenecks, Boosts Shale Gas and Oil Output

The Matterhorn Express pipeline, the first new natural gas pipeline in the Permian Basin in three years, is alleviating gas bottlenecks and boosting oil production by freeing up gas flow to Gulf Coast export hubs. This new capacity is expected to significantly increase shale output in west Texas.

Cheniere Energy Moves Closer to Starting New Texas LNG Export Operation

Cheniere Energy moves closer to starting production at its Corpus Christi Stage 3 LNG export facility in Texas, receiving federal approval for key operations. The expansion will add around 10 million metric tons per year to U.S. LNG export capacity.

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