Regulation
Russian Court Freezes $1.2 Billion in Linde UK Assets Over Gas Processing Dispute
A Russian court has ordered that assets worth around $1.15 billion of a British subsidiary of German industrial gases company Linde be frozen in a dispute over a gas processing plant, court filings showed on Wednesday.
Exxon Reports 59 Layoffs to Texas Workforce Commission After Pioneer Acquisition
Exxon Mobil issued a layoff notice to 59 employees as part of its workforce reshuffle following its $60 billion acquisition of Pioneer Natural Resources, according to a filing with the Texas Workforce Commission.
U.S. to Buy 6 Million Barrels of Oil for SPR, Building on 5 Million Bought Last Month
The U.S. is seeking to buy another 6 million barrels of oil from energy companies to help replenish the Strategic Petroleum Reserve (SPR), the Department of Energy said on Monday.
Dangote Refinery Urges Nigeria to Enforce Crude Supply Law for Local Refiners
The Dangote Oil Refinery has called on Nigeria's upstream oil regulator to force producers to abide by a law that stipulates they supply local refineries, saying that lax enforcement was raising its operational costs.
Cheniere Untroubled by LNG Project Setbacks, Cites Strong Regulatory Strategy
Cheniere Energy's CEO, Jack Fusco, stated that the company is not concerned about recent U.S. court rulings that halted other LNG export projects. Fusco highlighted that Cheniere has no ongoing court cases affecting its current operations and is meticulous in adhering to regulatory processes.
Golden Pass LNG Project Delay to Impact Global Gas Markets During Intense Growth Period
The six-month delay to the Golden Pass LNG project in Texas will remove a significant amount of new supply during a period of intense growth, shifting the surge from 2026 to 2027. This will impact both global and North American gas markets, according to Wood Mackenzie.
U.S. Court Overturns FERC Approval for NextDecade’s $18 Billion Rio Grande LNG Project
A U.S. court overturned FERC's approval for NextDecade's Rio Grande LNG project due to a missing supplemental environmental impact statement. NextDecade expressed disappointment and disagreed with the ruling.
Argent LNG Secures Initial FERC Meeting for Louisiana Export Project
Argent LNG has taken a key step toward developing its mid-sized LNG export facility in Louisiana by initiating the pre-filing review with the Federal Energy Regulatory Commission.
Woodside's Browse Gas Project Awaits Decision from Australian Regulator
The $20.5 billion project in waters off Western Australia is the country's largest untapped gas resource but has been stuck on the drawing board for decades.
Venture Global LNG Sues Kiewit for Allegedly Sharing Confidential Documents with Shell
U.S. liquefied natural gas company Venture Global LNG sued construction contractor Kiewit on Friday, alleging it passed confidential documents to Shell Plc.
Chevron-Hess Merger Drags On Amid Exxon Arbitration Challenge
Chevron said an arbitration panel that will evaluate Exxon's challenge to its Hess acquisition should have a decision between June and August 2025.
U.S. Court Delays Citgo Share Auction Decision Until October
A U.S. court on Thursday agreed to delay the selection of finalists in an auction that could change the ownership of Citgo Petroleum, pushing back any sale of the seventh-largest U.S. oil refiner until October.
Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
Williams Cos.’ $1 billion pipeline project is halted after a U.S. appeals court overturns the Federal Energy Regulatory Commission's approval, citing inadequate environmental and public interest reviews.
Iberdrola Faces Up to $535 Million Claim in LNG Contract Dispute with Pavilion
Spanish utility Iberdrola faces claims worth up to $535 million in an arbitration process launched by Singaporean LNG company Pavilion Energy over a supply contract, according to Iberdrola's earnings report.
Freeport LNG Returns to Full Production
Freeport LNG was on track to return to full production on Sunday, pulling over 2 billion cubic feet of natural gas, LSEG data showed.
U.S. Buys Nearly 5 Million Barrels of Oil for Emergency Stockpile
ExxonMobil will supply 3.9 million barrels of the contract, while Macquarie Commodities Trading US LLC will supply the rest, the DOE said.
TC Energy Close to Finalizing Stake Sale in 15,000-Mile Natural Gas Pipeline System, Sources Say
Calgary-based TC Energy is close to finalizing the sale of a stake in its 15,152-mile natural gas pipeline system to Indigenous groups in Western Canada.
Pacific Northwest Hydrogen Hub Wins DOE Phase 1 Award
The Pacific Northwest Hydrogen Association announced it has received Phase 1 award status from the U.S. Department of Energy, making it one of the first U.S. Regional Clean Hydrogen Hubs to achieve this milestone.
Alaska Greenlights Enstar’s $57 Million Pipeline to Boost LNG Imports
(P&GJ) — The project, known as the “Port MacKenzie Expansion,” aims to extend APLC’s existing pipeline infrastructure to connect with a future LNG import terminal.
Zachry Out as Lead Contractor for Texas LNG Project in Settlement with Exxon, Qatar Energy
A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement on Wednesday that will allow Exxon Mobil and Qatar Energy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.
Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
(P&GJ) — Williams has notified FERC of its plans to commence construction for its Louisiana Energy Gateway pipeline on July 25. However, Energy Transfer has responded to the filing with concerns, arguing that Williams is proceeding without full regulatory clarity from FERC on the project’s jurisdictional status.
U.S. Democrats Introduce Bill to Hold Oil Firms Accountable for OPEC Collusion
Democratic U.S. lawmakers on Wednesday introduced a bill to hold energy companies accountable if they are found by federal regulators to have colluded with the Organization of the Petroleum Exporting Countries to raise oil prices.
Illinois Governor Signs Bill Implementing Two-Year Pause on CO2 Pipeline Construction
Governor JB Pritzker has signed the SAFE CCS Act, establishing new safety standards for carbon capture in Illinois and implementing a two-year pause on CO2 pipeline construction.
U.S. Senators Propose Bill to Fast-Track Energy Project Approvals
Senate energy committee leaders introduced legislation to expedite permitting for LNG export projects. The bill sets a 90-day deadline for the Secretary of Energy to approve or deny LNG export applications, aiming to end the current pause on such approvals.
QatarEnergy-Exxon’s Texas LNG Project Construction to Speed Up After Contractor Settlement
Work to complete the QatarEnergy and ExxonMobil $11 billion liquefied natural gas project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development, according to court documents.
Mid-Year Global Forecast: Midstream Responding to Demand from LNG Projects
Global pipeline construction surged to nearly 42,000 miles in mid-2024, driven by increased LNG and hydrogen infrastructure needs, with significant expansions in North America and Europe.
Editor’s Notebook: Landowners and CO2 Pipelines Amid South Dakota Legislation
(P&GJ) — South Dakota's new bill empowers landowners to challenge forced easements for CO2 pipelines, enhancing rights amid eminent domain concerns. The legislation impacts projects like Summit Carbon Solutions, aiming for fairer terms and compensation for affected property owners.
U.S. FTC Probes Hess, Occidental Execs Over OPEC Communication
The current investigation of communication with OPEC officials is part of the U.S. antitrust regulator's review, the report said, adding that investigators are looking for evidence of collusion over oil market dynamics.
Circular Economy Initiatives for Offshore Piping and Related Infrastructure
Circular economy is a sustainable business model that aims to ensure use of resources, extraction of maximum value from the equipment during operation and the recovery and regeneration of products and materials at the end of each’s service life.
Ukraine Halts Lukoil's Russian Oil Transit, Slovakia and Hungary Affected
The move highlights the volatile nature of the remaining Russian oil supplies to Europe via the Soviet-built Druzhba pipeline, the last major functioning Russian oil supply route to the continent.
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia
- Sempra's Costa Azul LNG Project Delayed by Labor Issues
