North America
Enbridge, I Squared, MPLX to Acquire Up to 85% Stake in Matterhorn Gas Pipeline
I Squared, Enbridge and MPLX have agreed to acquire up to 85% interest in the Matterhorn Express gas pipeline, which carries Permian Basin gas to Houston, marking a major midstream infrastructure deal.
Energy Transfer Nears FID on Lake Charles LNG Project After Signing Buyer
Energy Transfer moved closer to sanctioning its Lake Charles LNG export project after securing a key Japanese buyer, boosting committed sales to 10.5 MTPA as it targets a final investment decision by year-end.
U.S. Natural Gas Prices Rise 4% as Freeport LNG Restarts, Production Falls
U.S. natural gas prices rose 4% after Freeport LNG restarted operations and production fell, tightening supply amid spring maintenance and lower output. Analysts expect mild weather to ease demand while LNG exports remain steady.
Tidewater Midstream to Acquire Segment of Pembina's Western Pipeline System
Tidewater Midstream is acquiring a segment of Pembina Pipeline's 234-mile Western pipeline system in British Columbia, Tidewater announced on May 6. The deal secures long-term access to crude for the Prince George Refinery and is expected to close by September.
Saudi Arabia Can Control Oil Supply, But Demand May Be Its Achilles’ Heel
Saudi Arabia is flexing its oil supply control, but weakening global demand could undermine its strategy and pose challenges.
LNG Canada Readies for First Production in June After Plant Cooldown
LNG Canada has completed cooldown at its Kitimat facility and is preparing to produce first LNG in June, marking a milestone as Canada’s first LNG export terminal nears operations.
NGL Energy Partners Divests 17 NGL Terminals as Part of $270 Million Asset Sale
NGL Energy Partners has completed $270 million in non-core asset sales, including NGL terminals, refined products, and crude railcars, to pay down debt and strengthen its balance sheet.
Commonwealth LNG Signs 20-Year Deal for Louisiana Project with Major Asian Buyer
Commonwealth LNG signed a 20-year supply agreement with a major Asian buyer for 1 million tonnes per annum from its planned Louisiana export project, marking a key milestone ahead of final investment decision.
SiEnergy to Acquire EPCOR’s Texas Gas Operations, 353 Miles of Pipeline for $60 Million
SiEnergy will acquire EPCOR’s Texas natural gas utility for $60 million, expanding its footprint near Houston with 6,900 metered connections and 353 miles of pipeline across 12 communities.
Archrock Completes $357 Million NGCS Acquisition, Expands Permian Compression Fleet
Archrock has completed its $357 million acquisition of NGCS, adding 351,000 horsepower to its fleet and expanding Permian Basin operations as demand for compression services grows.
Sunoco to Acquire Parkland in $9 Billion Deal as Americas Fuel Market Consolidates
Sunoco will acquire Parkland Corporation in a $9.1 billion cash and equity deal, expanding its North American fuel network and maintaining Canadian operations, the companies announced.
Enbridge Line 5 Tunnel Permit Decision Expected This Fall
Enbridge’s Line 5 tunnel project is advancing toward a key milestone, with the U.S. Army Corps of Engineers targeting a fall decision on the project’s permit following a public comment period set for late May.
I Squared in Talks to Acquire Majority Stake in Permian-to-Houston Matterhorn Pipeline
I Squared Capital is reportedly in talks to acquire a majority stake in the Matterhorn Express pipeline, a key Permian-to-Houston natural gas route with 2.5 Bcf/d capacity. The $5 billion deal would mark a major ownership shift for the recently completed pipeline.
Arbitrage Reopens: U.S. LNG Diverted from Europe to Asia in Global Market Shift
Several U.S. LNG cargoes originally bound for Europe have been redirected to Asia as a reopened arbitrage window and falling European prices shift global trade flows. Analysts say the move highlights growing competition between Atlantic and Pacific markets heading into summer.
TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
TC Energy approved its $900 million Northwoods expansion project to add 0.4 Bcf/d of natural gas capacity in the U.S. Midwest by 2029. The project will meet growing demand from power generation and data centers and is backed by a 20-year contract.
INGAA President Urges Congress to Reform Permitting Rules for Natural Gas Pipelines
INGAA President Amy Andryszak urged Congress to reform permitting laws that are delaying natural gas pipeline projects, citing growing energy demand and challenges posed by duplicative reviews and litigation.
BKV, Comstock Partner to Develop Carbon Capture Projects at Texas Gas Plants
BKV Corp. and Comstock Resources will partner to develop carbon capture projects at Texas gas processing plants, aiming to permanently store CO2 and advance low-carbon natural gas production.
ONEOK Profit Slips on Higher Costs Despite Gains From Pipeline Acquisitions
ONEOK reported a slight dip in first-quarter profit due to higher costs, but core pipeline and NGL segments saw gains from recent acquisitions, including EnLink and Medallion.
TC Energy Signals Wave of New Gas Pipeline Projects on Rising Power Demand
TC Energy expects a major increase in gas infrastructure projects in late 2025 and 2026, driven by North America's coal-to-gas shift, rising power demand and LNG growth opportunities.
UK Supermajor BP to Supply Feed Gas to Woodside’s Louisiana LNG Project
In a strategic move to support its Louisiana LNG project, Woodside Energy signed a long-term gas supply agreement with BP for up to 640 billion cubic feet of natural gas, expanding its global LNG footprint and advancing U.S. midstream development.
Tankers Bottleneck at Aging Venezuela Oil Port Before U.S. Export Deadline
Oil tankers are queuing at Venezuela’s deteriorating La Salina port ahead of the U.S. license expiry on May 27, triggering delays as PDVSA pushes new crude exports.
LNG Surges, Oil Stalls: Trump's Energy Agenda Faces Headwinds from Trade Turmoil
Just 100 days into President Donald Trump's second term, oil prices have slumped over 20% to below many U.S. producers' breakeven costs as investors lose confidence amid tariff and policy uncertainty - undercutting Trump's push for U.S. energy dominance.
Indian Oil Inks $1.4 Billion LNG Supply Deal with Trafigura
Indian Oil Corp. has signed a five-year LNG import deal with Trafigura worth up to $1.4 billion, with supplies starting in the second half of 2025 and pricing linked to the U.S. Henry Hub.
Three Killed, Two Injured in Accident at LNG Construction Site in Texas
Three workers were killed and two others injured early Tuesday in an accident at Sempra's Port Arthur LNG construction site in Texas. Lead contractor Bechtel has suspended operations while the incident is investigated.
Golden Pass LNG Receives FERC Approval to Commission Key Systems
FERC has granted Golden Pass LNG approval to commission several key systems at its Texas export terminal, advancing the project toward startup.
Phillips 66 to Build 300 MMcf/d Gas Processing Plant in Permian
Phillips 66 plans a new 300 MMcf/d Iron Mesa gas plant in the Permian Basin as part of its midstream expansion, announced alongside a first-quarter loss.
Vaquero Midstream to Build 70-Mile Pipeline, Expand Gas Processing Near Waha Hub
Vaquero Midstream plans a 70-mile gas pipeline and a 200 MMcf/d cryogenic plant to expand operations in the Southern Delaware Basin near the Waha Hub.
Gulf of Mexico Looking ‘Economically Viable’ in Coming Years
Since the beginning of 2025, with the advent of a second Trump administration, think tanks and energy consultants alike have been busy contemplating what a return to a “drill, baby drill” philosophy will mean to the U.S. and global energy space.
Congress Renews Efforts to Improve Pipeline Safety Law
The Trump administration appears to be more interested in energizing the federal pipeline safety regulator than the Biden administration ever was.
Showing the Show-Me State
In this month's Editor's Notebook, Editor-in-Chief Michael Reed unpacks how federal regulators stepped in to take control of Missouri’s natural gas pipeline safety enforcement after years of inadequate penalties, and what it means for the Show-Me State’s residents, utilities and lawmakers.
- 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
- New Alternatives for Noise Reduction in Gas Pipelines
- 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
- DOE Considers Cutting Over $1.2 Billion in Carbon Capture Project Funding
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
