Regions
Gazprom Neft Shifts NIS Stake to Gazprom Amid U.S. Sanctions Pressure
Russia's Gazprom Neft transferred stakes of around 5.15% in Serbia's NIS oil company to Gazprom, in an attempt to ward off U.S. sanctions that could result in crude supply cuts for the Balkan country.
Canada Eyes New Oil Pipelines to Avoid U.S. Tariffs, But No One Wants to Build Them
The Canadian government would have to play a significant role in any project to build new oil pipelines in Canada to overcome regulatory, financial and political hurdles and activist opposition, industry experts said.
Turkey Aims to Finalize Extended Gas Deal with Turkmenistan This Year
Turkey is negotiating an agreement with Turkmenistan to extend a natural gas supply deal for five years, Turkish Energy Minister Alparslan Bayraktar told the Hurriyet daily on Tuesday, noting that the deal is expected to be finalized within the year.
Shell: Global LNG Demand to Jump 60% by 2040, Led by Asia
Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
Phillips 66 Expands Aerial Methane Detection with Bridger Photonics
Phillips 66 has expanded its partnership with Bridger Photonics to deploy aerial methane detection across its entire midstream network. Using advanced Gas Mapping LiDAR technology, the company will conduct biannual scans to enhance emissions monitoring and mitigation efforts.
Editor’s Notebook: Fire Fuels Pipeline Concerns
Editor-in-Chief Michael Reed examines how recent West Coast wildfires exposed vulnerabilities in fuel supply chains, leading to temporary pipeline shutdowns and regional fuel concerns. While quick action restored operations, the incident underscores the importance of pipeline resilience and emergency preparedness.
Vitol, Glencore Win $380 Million Award in Nigerian LNG Supply Dispute
Trading houses Vitol and Glencore will receive $380 million in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole LNG producer for non-delivery of cargoes, court documents seen by Reuters showed.
Ukraine’s DTEK Eyes Long-Term U.S. LNG Deals with Venture Global, Cheniere
Maxim Timchenko said DTEK's trading arm is looking to sign a 10-20-year LNG deal, with the gas first being imported into Ukrainian storage facilities and then piped westward.
Pipeline Theft Slashes Nigeria LNG’s Capacity by Two-Thirds
Nigeria LNG, a major gas exporter, is operating at only a third of its capacity due to illegal connections by thieves on key gas supply pipelines, the company's chief executive said on Tuesday.
Trinidad Seeks U.S. Extension for Shell’s Venezuela Gas Project
Trinidad and Tobago plans to ask U.S. President Donald Trump's administration to extend a license for Shell and Trinidad's National Gas Company to develop a key gas project in Venezuela, four sources close to the preparations said.
BKV Approves Carbon Capture Project at Texas Gas Plant
BKV has approved a carbon capture and sequestration project at a natural gas processing plant in South Texas, partnering with a major midstream energy company. The facility, located near Freer in the Eagle Ford Shale, aims to cut emissions by permanently storing carbon dioxide underground.
Iraq to Submit Updated Plan for OPEC+ Overproduction Compensation
Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for any overproduction in previous periods, according to a statement from the Iraqi oil ministry.
Clean Energy Reports $109 Million Revenue, 62 Million RNG Gallons Sold in Q4 2024
Clean Energy Fuels Corp. reported fourth-quarter 2024 revenue of $109.3 million, slightly up from $106.9 million in Q4 2023. Full-year revenue totaled $415.9 million, down from $425.2 million in 2023.
Ameren Illinois to Invest $140 Million in Natural Gas Pipeline Replacement Program
Ameren Illinois plans to invest nearly $140 million in 2025 to upgrade its natural gas transmission system across four Illinois counties. The upgrades aim to enhance system resilience and meet federal pipeline regulations.
Exxon, Mitsui, Woodside Commit $200 Million to Australian Gas Project
Exxon Mobil's Australian unit will invest nearly $200 million in the Kipper 1B gas project, alongside its partners Mitsui and Woodside Energy, the U.S. oil major said on the company website on Monday.
Leviathan Partners Eye $2.4 Billion Expansion to Boost Gas Production, Exports
Partners in the Israeli Leviathan offshore natural gas project have submitted a multibillion-dollar plan with the government to significantly expand the field and boost production, one of the partners in the group said on Sunday.
Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
A Michigan appeals court upheld permits for Enbridge’s Line 5 pipeline tunnel project, rejecting environmental and tribal challenges. The ruling allows the company to move forward, though legal and regulatory hurdles remain.
ConocoPhillips to Sell Ursa, Europa Interests, Pipeline Stake to Shell for $735 Million
ConocoPhillips has agreed to sell its interests in the Ursa and Europa fields, along with its stake in Ursa Oil Pipeline Company LLC, to Shell Offshore Inc. and Shell Pipeline Company LP for $735 million.
Trump's 10% Oil Tariff Could Cost Foreign Producers $10 Billion Annually, Goldman Sachs Says
Goldman Sachs said on Friday a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on U.S. refiners due to limited alternative buyers and processing capabilities.
CPC Blend Oil Loadings Rise to 1.67 Million bbl/d for February, Sources Say
Black Sea CPC Blend oil exports were revised up to 1.67 million barrels per day (bbl/d) in February's program from 1.42 million bbl/d in a previous version due to higher supply from Kazakh oilfields, two sources familiar with the loading plan said.
U.S. Pressures Iraq to Restart Kurdish Oil Exports Amid Iran Sanctions
U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran, eight sources with direct knowledge of the matter told Reuters.
ICC Overhauls Peoples Gas Pipeline Plan in Chicago, Mandates Focus on High-Risk Pipes
The Illinois Commerce Commission has ordered Peoples Gas to retire high-risk cast iron and ductile iron pipes by 2035, replacing its previous modernization program with a more targeted safety initiative.
Trump Pushes Alaska LNG to Shift Asia's Energy Dependence
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realize a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.
Tokyo Gas to Sell Eagle Ford Shale Stake to Shizuoka Gas for $130 Million
Tokyo Gas, Japan's biggest city gas supplier, will sell its 25% stake in an Eagle Ford shale gas project in south Texas to Shizuoka Gas for $130 million under an asset portfolio review to improve efficiency, it said on Friday.
Kosmos Energy Achieves First LNG at GTA Project Offshore Mauritania, Senegal
Kosmos Energy has announced that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal.
Deutsche ReGas Terminates FSRU Energos Power Contract Amid LNG Pricing Issues
Deutsche ReGas has terminated its contract for the FSRU Energos Power at the Deutsche Ostsee LNG terminal, citing pricing issues with Deutsche Energy Terminal’s regulated LNG capacity fees. The company is open to discussions with the German government to address potential supply shortages.
ADNOC Gas Secures 14-Year LNG Supply Deal with Indian Oil
ADNOC Gas has signed a 14-year agreement with Indian Oil to supply up to 1.2 million tonnes per annum of liquefied natural gas (LNG). The deal, valued between $7 billion and $9 billion, will begin deliveries in 2026.
Cheniere Plans LNG Expansion Under Trump, CEO Says
U.S. liquefied natural gas exporter Cheniere Energy plans to aggressively pursue new regulatory permits to expand capacity now that U.S. President Donald Trump is in office, the company's CEO Jack Fusco said on Feb. 20.
U.S. Regulators Approve Venture Global's Plaquemines LNG Expansion, Boosting Exports
U.S. federal regulators on Wednesday gave Venture Global LNG permission to increase the export capacity of its Plaquemines, Louisiana, LNG plant.
Pipeline Operator Targa Expects Higher-Than-Estimated Profit on Rising Gas Volumes
Targa Resources forecast full-year adjusted core profit above analyst expectations on Thursday, benefiting from increased demand and higher transport volumes of natural gas and natural gas liquids through its pipelines.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- Court Ruling Allows MVP’s $500 Million Southgate Pipeline Extension to Proceed
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- TC Energy’s North Baja Pipeline Expansion Brings Mexico Closer to LNG Exports
