North America

Williams to Move Forward with Louisiana Natural Gas Project in Haynesville Basin

U.S. energy company Williams Co. Inc. has reached a final investment decision to build its proposed Louisiana Energy Gateway project to gather natural gas produced in the Haynesville shale basin, the company said on Wednesday.

Operators Seek Extension to Complete Mountain Valley Natural Gas Pipeline

The joint venture building the Mountain Valley natural gas pipeline from West Virginia to Virginia asked federal regulators for four more years until October 2026 to complete the long-delayed project.

US Natural Gas Futures Hold Near 11-Week Low as LNG Exports Decline

U.S. natural gas futures held near an 11-week low on Friday as forecasts for hotter weather, higher demand and less output than last month offset a drop in LNG exports due to the extended shutdown of the Freeport LNG export plant in Texas.

Canada’s Trans Mountain Oil Pipeline ‘No Longer Profitable,' Says Watchdog

The Canadian government-owned Trans Mountain oil pipeline is no longer profitable after cost over-runs and delays to its expansion project, the country's parliamentary budget officer (PBO) said on Wednesday.

Cheniere to Move Forward with Texas Corpus Stage 3 LNG Plant Expansion

Cheniere Energy Inc. on Wednesday said its Board of Directors had decided to go forward with the expansion of the Corpus Christi export plant in Texas and told Bechtel Energy to continue with its construction.

DOE Awards $504 Million Loan Guarantee to Utah Hydrogen Storage Project

The U.S. Department of Energy closed on a $504.4 million loan guarantee to help finance the construction of the Advanced Clean Energy Storage I project in Utah, the world’s largest industrial green hydrogen storage facility.

Canada Seeking Pathway to Enable German Gas Flow Amid Russian Sanctions

Ottawa is evaluating options to help restore German gas supplies as a crucial Nord Stream 1 pipeline part is stranded in Canada due to Russian sanctions, the Canadian Natural Resources Minister said in an interview with Bloomberg on Tuesday.

US Exported Record Amounts of LNG in 2021

U.S. exports of LNG set a record high in 2021, averaging 9.7 Bcf/d (275 MMcm/d) according to our most recent Natural Gas Monthly. U.S. LNG exports increased by 50% from 2020.

Sources: Tug Hill Explores Sale of Natural Gas Producer THQ Appalachia, Pipeline Firm XcL Midstream

Tug Hill and Quantum Energy are exploring a sale of U.S. natural gas producer THQ Appalachia I LLC and XcL Midstream, a pipeline firm that moves THQ's gas to market in a deal that could fetch more than $5 billion, sources told Reuters on Friday.

EnLink Midstream Founder, CEO Barry Davis to Retire

EnLink Midstream Chairman and CEO Barry E. Davis will retire from EnLink, the company he led the founding of, after more than 25 years of leadership, the company announced in a statement.

Targa Resources to Acquire Permian Gas Gathering, Processing Assets in $3.55 Billion Deal

Targa Resources has agreed to buy natural gas processor Lucid Energy Group for $3.55 billion in cash, a deal that includes a portfolio of about 1,050 miles of natural gas pipelines in the Delaware Basin.

Aemetis Completes 20 Miles of California RNG Pipeline, Gets OK for Final Stage of Construction

Aemetis Inc. has completed 20 miles of renewable natural gas (RNG) pipeline and received approval for construction of an additional 19 miles in Merced County, California, with project completion set for the fourth quarter of 2022.

Mexico’s President Pledges New Gas Pipeline, Liquefaction Plant in Oaxaca

Mexican President Andres Manuel Lopez Obrador has pledged to see through the completion of a gas liquefaction facility in Oaxaca as well as a new pipeline to serve the facility, committing an investment of $6 billion.

Cheniere Gets OK to Place Sabine LNG Tank Back in Service

U.S. LNG company Cheniere Energy Inc. received permission from federal regulators on Wednesday to return one of two shut storage tanks to service at its Sabine Pass LNG export plant in Louisiana following a leak in 2018.

PG&E Commissions New Renewable Natural Gas Pipeline in California

Pacific Gas and Electric Company (PG&E) has partnered with Aemetis Inc. to officially commission the interconnection of a new renewable natural gas facility in Keyes, California.

Matador Resources Acquires Permian Pipeline, Gathering System in $75 Million Deal

Matador Resources Co. has agreed to acquire Summit Midstream's gathering and processing system in the Permian Basin for $75 million, which includes roughly 45 miles of natural gas gathering pipelines.

Cheniere Inks 15-Year LNG Supply Deal with Equinor

Cheniere Energy Inc. has agreed to sell liquefied natural gas to Equinor as the Norwegian energy company plans to boost its LNG volumes for Europe amid a tight commodity market and surging demand for the super-cooled fuel.

Canada Expands Pipeline Capacity, But Crude Now Faces US Gulf Coast Oversupply Issue

After long being deeply discounted for years because of a lack of pipelines, Canadian heavy crude is finally trading like a "North American" grade, moving in tandem with U.S. sour crudes sold on the Gulf Coast after Enbridge Inc. expanded its Line 3 pipeline late last year.

DOE Launches $8 Billion Program for Clean Hydrogen Hubs across US

The U.S. Department of Energy filed a notice of intent to fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs – H2Hubs – across America, the DOE said in a press release on Monday.

US Natural Gas Futures Drop 5% on Explosion at Texas Freeport LNG Plant

U.S. natural gas futures dropped about 5% on Wednesday on reports of a fire at the Freeport LNG export plant in Texas and early midday forecasts calling for less heat and demand over the next two weeks than previously expected.

Freeport LNG Plant Suffers Explosion, Nearby Residents Evacuated, Police Say

A explosion and fire on Wednesday hit the massive Freeport LNG liquefied natural gas plant on the Texas Gulf Coast, prompting an evacuation of nearby residents in Quintana, Texas.

US Envoy Expected to Visit Beirut Next Week Over Israel Gas Dispute

A U.S. mediator will visit Beirut next week to discuss a dispute over a maritime border with Israel, Lebanese Parliament Speaker Nabih Berri said on Tuesday, according to a parliament source and local media.

Sources: US to let Eni, Repsol Ship Venezuela Oil to Europe for Debt

Eni and Spain's Repsol SA could begin shipping Venezuelan oil to Europe as soon as next month to make up for Russian crude, resuming oil-for-debt swaps halted two years ago when Washington stepped up sanctions on Venezuela.

Texas Pacific Land, Milestone Carbon to Conduct Carbon Sequestration Study in Permian Basin

Texas Pacific Land Corp. and Milestone Carbon LLC have signed a Letter of Intent to evaluate the geological and geophysical characteristics of roughly 21,000 acres in the Permian Basin for the purposes of sequestering captured CO2.

New Fortress Eyes $3 Billion Investments in Mexico

U.S. firm New Fortress Energy is considering various investments in Mexico's energy sector that could be worth $3 billion, according to President Lopez Obrador who said the potential projects could include a LNG facility.

PIT and CNX Resources Partner on Emission Reduction Measures

Natural gas will be used at the airport and transformed into alternative fuel through CNX technology.

Venture Global Decides to Build Louisiana Plaquemines LNG Export Plant

Venture Global has closed on the $13.2 billion project financing for the initial 13.33 million tonnes per annum phase of the project and associated Gator Express pipeline.

Technip, Samsung Engineering JV Bags Texas LNG Work

Texas LNG Brownsville, a four million tons per annum LNG export terminal to be constructed in the Port of Brownsville, Texas, has executed an agreement with Technip Energies USA and Samsung Engineering Co. to lead the delivery of the facility via a joint venture.

Sempra Signs Carbon Capture Deal for Proposed Louisiana Project

Houston-based Sempra said the proposed project, Hackberry Carbon Sequestration, could potentially store up to 2 million tonnes of carbon dioxide per year if approved, utilizing the Cameron LNG Phase 1 and 2 export terminals as the anchor source for the captured and sequestered carbon dioxide.

Blackstone Unit Acquires 49% Stake in US LNG Facility

Blackstone Inc.'s credit investment unit has bought a 49% stake in an LNG facility in Georgia and Kinder Morgan will continue holding the remaining 51%.