North America
Venture Global CEO: Shift Towards Internal Financing for LNG Projects Expected
More funding for future LNG plants will rely on internal financing instead of the project financing that has paid for most projects to date, Venture Global LNG 's CEO said on Tuesday.
Freeport LNG Expects Trains 1 and 2 at Texas Facility to Remain Offline Until May
Freeport LNG said on Wednesday that trains 1 and 2 at its LNG facility in Texas are anticipated to be down until May, while train 3 is now back online.
Williams Plans Expansion of Gas Pipeline Network in Virginia
Pipeline operator Williams Cos. is preparing for a major expansion of its pipeline network in the Southeastern United States. This expansion will increase the capacity of the Transcontinental pipeline network, which spans approximately 10,000 miles from Texas to New York.
Texas LNG Secures 20-Year LNG Sales Deal with Gunvor Group
Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition LLC, has finalized a 20-year LNG sale and purchase agreement with Gunvor Group.
Enstor Seeks FERC Approval to Double Capacity of Mississippi Hub Natural Gas Storage Facility
Enstor Gas LLC has submitted an application to FERC through its affiliate, Mississippi Hub LLC, for an expansion of its natural gas storage facility located in Simpson County, Mississippi.
Enbridge Plans 120,000 bpd Expansion for Gray Oak Texas Oil Pipeline by 2025
Energy pipeline company Enbridge plans to expand capacity on its Gray Oak oil pipeline by 80,000 barrels per day (bpd) this year and could add another 40,000 bpd in 2025, an executive told Reuters on Tuesday.
Trans Mountain Pipeline Expansion to Start Oil Shipments in June, Says Alberta Premier
Line fill of Canada's Trans Mountain crude oil pipeline expansion will be complete by the end of May, with the first waterborne exports from the expanded system starting a month later, Alberta Premier Danielle Smith said on Tuesday in an interview.
Canada Signs Hydrogen Deal with Germany to Counter Russian Energy Dependency
Canada, citing the need to shun Russian energy, on Monday signed an agreement with Germany that it said would accelerate work towards the commercial-scale trade of clean hydrogen fuel.
Mitsubishi and Partners to Establish Coalition for Advancing Electric Natural Gas
Mitsubishi Corp. said on Tuesday it will form an international coalition with seven other firms including TotalEnergies and Tokyo Gas to support development and production of electric natural gas (e-NG).
Viridi Energy to Develop Renewable Natural Gas Facility in Maine
Viridi Energy said on Tuesday it has acquired a biosolids digester plant in Brunswick, Maine, as part of its plans to develop a facility to convert waste into renewable natural gas (RNG) in the state.
Pembina Receives Regulatory Approval to Acquire Enbridge's Interest in Joint Ventures
Pembina Pipeline said on Tuesday the Canadian Competition Bureau has approved its proposed $2.28 billion acquisition of Enbridge's interests in the Alliance, Aux Sable, and NRGreen joint ventures.
U.S. Aims to Restore Strategic Oil Reserve by Year-End, Granholm Says
U.S. crude oil stockpiles in the Strategic Petroleum Reserve (SPR) at year-end will be at or exceeding the level that would have existed prior to massive sales two years ago, U.S. Energy Secretary Jennifer Granholm said on Monday.
CERAWeek: Hydrogen Adoption to Cost Europe, U.S. More Than $1 Trillion
Europe and the U.S. will have to spend in excess of $1 trillion for building infrastructure to enable widespread use of hydrogen fuel, an executive at Mitsubishi Heavy Industries said on Monday.
Tellurian Explores Sale Options, CEO Steps Down Amid Driftwood LNG Project Efforts
Tellurian said on Monday it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role, amid the liquefied natural gas developer's efforts to keep its Driftwood export project alive.
TotalEnergies Readies Port Arthur, Texas FCC for Restart
TotalEnergies was preparing on Friday to restart the gasoline-producing fluidic catalytic cracker (FCC) over the weekend at its 238,000 barrel-per-day Port Arthur, Texas refinery, said people familiar with plant operations.
Venture Global LNG Acquires Nine LNG Vessels, Deepens Presence in LNG Value Chain
The nine vessels will be constructed in South Korea and the Arlington-based company said the move will deepen its involvement throughout the LNG value chain.
Oil Mergers, Clean Fuels Take Center Stage at Houston Energy Conference
Top oil executives and ministers descend on Houston this week for one of the world's biggest energy conferences emboldened by blockbuster mergers, stable oil prices and less pressure for a large-scale move to clean fuels.
Reuniting EQT and Equitrans: Navigating a Volatile Gas Market
Gas producer EQT’s old management weathered an activist investor outcry, squeaked through an expensive deal, and spun off its pipeline division - only to be ejected by the executives they bought out.
U.S. Export Credit Agency Approves $500 Million Support for Bahrain Oil Project
The U.S. export credit agency on Thursday voted to approve a $500 million loan guarantee for an oil and gas drilling project in Bahrain, testing a U.S. climate pledge to stop backing projects that expand the use of fossil fuels.
North Dakota's January Oil Output Hits One-Year Low Amid Extreme Cold Snap
Crude oil production in North Dakota fell 14% in January compared with the prior month, hitting a one-year low after a cold snap weighed on activity, state regulators said on Thursday.
U.S. Seeks Oil for Emergency Reserve as Maintenance Ends
The U.S. is seeking to buy 3 million barrels of oil for the Strategic Petroleum Reserve (SPR), as one storage site winds down maintenance that had tempered the pace of replenishing the stockpile, the U.S. Energy Department said on Thursday.
TC Energy to Sell 470-Mile British Columbia Gas Pipeline to Ksi Lisims LNG Partners
The pipeline project, which TC will sell to Ksi Lisims co-developers Nisga'a Nation and Houston-based Western LNG, is permitted to move up to 3.6 billion cubic feet of natural gas per day across British Columbia.
Venture Global LNG Asks FERC to Keep Louisiana Export Facility Documents Confidential
Liquefied natural gas (LNG) exporter Venture Global LNG on Thursday delivered to U.S. regulators a proposed protective order seeking to keep documents on the construction of a Louisiana export facility confidential.
IEA Forecasts Non-OPEC+ to Lead 2024 Oil Production Growth, Offset Output Cuts
Near-term global oil and liquids production growth will be driven primarily by the U.S., Guyana, Canada, and Brazil, offsetting voluntary production cuts by OPEC+, the U.S. Energy Information Agency (EIA) forecast on Thursday.
Shell Weakens 2030 Carbon Emissions Reduction Target, Scraps 2035 Objective
Shell weakened a 2030 carbon reduction target and scrapped a "perilous" 2035 objective, citing expectations for strong gas demand and uncertainty in the energy transition even as it affirmed a plan to cut emissions to net zero by 2050.
U.S. Grants $750 Million for Hydrogen Projects Across 24 States
The U.S. Department of Energy said on Wednesday it is granting $750 million to projects across 24 states that are building capacity to produce and use clean hydrogen.
Occidental's 1PointFive Strikes Deal with AT&T for Carbon Credit Purchase
Carbon capture firm 1PointFive said on Wednesday telecom company AT&T has agreed to purchase carbon dioxide removal credits as part of its goal to reduce emissions and become carbon neutral in its global operations by 2035.
FERC Asks Venture Global LNG to Justify Confidential Document Filings
The Federal Energy Regulatory Commission on Wednesday asked liquefied natural gas developer Venture Global LNG to explain the basis for its extensive filing of confidential documents in its Calcasieu Pass LNG export terminal.
SONATRACH and Huawei Launch Smart Fiber Sensing Solution for Oil, Gas Pipelines
This innovative solution integrates advanced fiber optic sensing technology to enhance pipeline security, intelligence, and operational efficiency.
Kimmeridge Makes $2.1 Billion Offer for SilverBow, Proposing Pipeline Assets Merger
Kimmeridge Energy Management has submitted a new offer to acquire SilverBow Resources that values the U.S. oil and gas producer at close to $2.1 billion, including debt, the investment firm said on Wednesday.
- 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
