Natural Gas

Elliott Builds $2.5 Billion Stake in Phillips 66, Pushes for Midstream Business Sale

Elliott Investment Management has built a $2.5 billion stake in Phillips 66 and is pushing for the sale of its midstream business. The activist investor argues that urgent changes are needed to boost shareholder returns, including divesting midstream assets and restructuring operations.

Turkey, Turkmenistan Sign Gas Supply Deal, Flows Set for March

Turkey and Turkmenistan have signed a deal to begin Turkmen natural gas flows to Turkey on March 1, Turkish Energy Minister Alparslan Bayraktar said. The agreement strengthens energy ties and enhances regional supply security.

Sapphire, Tulip Compression to Deploy Clean Energy Tech in India’s Gas Sector

The collaboration will bring Sapphire’s FreeSpin In-line Turboexpander (FIT) technology to pressure regulation stations across the country, aiming to improve energy efficiency and reduce emissions.

Energy Transfer Secures Natural Gas Supply Deal with CloudBurst for Texas Data Center

Energy Transfer signed a long-term natural gas supply agreement with CloudBurst Data Centers for its planned Texas facility, marking the pipeline operator’s first direct deal with a data center.

Recent Cold Snap Led to Fourth-Largest U.S. Natural Gas Storage Withdrawal, EIA Says

The U.S. recorded its fourth-largest weekly natural gas storage withdrawal in mid-January as frigid temperatures drove up consumption, the EIA said. Stocks fell by 321 Bcf, nearly 70% above the five-year average, with inventories now 4% below historical levels.

Baltic States Cut Ties with Russia’s Power Grid, Link to EU System

Estonia, Latvia, and Lithuania have officially disconnected from Russia’s electricity grid and linked to the EU system, marking a historic shift aimed at enhancing energy security and reducing dependence on Moscow.

Welcome Back to P&GJ’s Annual Pipeline Conference

For the first time since 2022, Pipeline & Gas Journal will host a midstream event to discuss construction and corrosion challenges, and to explore what lies ahead in what is expected to be a more favorable regulatory and permitting climate.

Germany's Brunsbuettel, Wilhelmshaven LNG Terminals See Strong Demand for Regas Slots

Germany’s Deutsche Energy Terminal successfully sold all available LNG regasification slots at Brunsbuettel and Wilhelmshaven, reflecting strong demand as Europe seeks alternative gas supplies.

Venture Global’s CP2 LNG Project Advances with Environmental Report

Venture Global's CP2 LNG export project in Louisiana moves forward as FERC staff releases a draft environmental report, concluding emissions impacts are "not significant."

Sarawak Gas Deal to Have Limited Impact on Petronas Earnings, Analyst Says

Petronas' earnings are expected to take only a minor hit—up to 11%—from its gas distribution deal with Sarawak, analysts say, though the agreement could set a precedent for other states to seek greater control.

Pakistan May Renegotiate LNG Deal with Qatar in 2025

Pakistan’s LNG agreement with Qatar includes a clause allowing renegotiation in 2025, but no decision has been made, according to the country’s petroleum minister.

North Sea Midstream Partners Names Angela Fletcher as CEO

Fletcher, who has served as NSMP’s chief commercial officer for the past year, takes over as the midstream operator continues efforts to support UK energy security and transition efforts.

Alberta Eyes Japan for LNG Deals Amid U.S. Tariff Threat, Minister Says

Canada's Alberta province, a major gas producer, needs to find new export markets in face of a U.S. tariff threat, and expanding in Japan is an important target, its minister of environment and protected areas, Rebecca Schulz, told Reuters.

Harvest Alaska to Redevelop Kenai LNG Terminal to Boost Southcentral Gas Supply

Harvest Alaska has reached an agreement with Marathon Petroleum Corporation (MPC) and Chugach Electric Association to acquire and redevelop the Kenai LNG Terminal, aiming to address Southcentral Alaska’s energy needs.

Gazprom Resumes Gas Supplies to Slovakia’s SPP via TurkStream

Russia's Gazprom began supplying gas to Slovakia's SPP again at the beginning of February, using volumes given up by Hungary on the TurkStream pipeline, SPP said on Thursday.

MPLX Expands Permian NGL, Natural Gas Takeaway with Gulf Coast Projects

MPLX is ramping up Permian NGL and natural gas takeaway with new pipelines, fractionation facilities, and an LPG export terminal, boosting Gulf Coast capacity.

Egypt Signs $3 Billion LNG Deals with Shell, TotalEnergies for 2025 Supply

The most populous Arab country last year returned to being a net importer of natural gas, buying dozens of cargoes and abandoning plans to become a supplier to Europe following a steep decline in domestic output.

Alaska Senator Pressures Asian Allies to Support Gas Pipeline Over China

Senator Dan Sullivan on Wednesday urged Japan and other U.S. allies in Asia to get behind a multibillion-dollar gas project in his home state of Alaska, warning that if they were not interested in buying the gas, strategic rival China would be.

Senators Float Resolution to Overturn Biden Methane Fee Rule

U.S. Senate Republicans on Tuesday introduced a resolution to overturn the Biden administration's proposed fee on methane emissions, one of the previous Environmental Protection Agency's final measures to force big oil and gas producers to slash emissions of the powerful greenhouse gas.

China Hits Back at Trump with Tariffs on U.S. Crude Oil and LNG Imports

The trade in crude oil and liquefied natural gas between the United States and China is effectively dead after Beijing responded to President Donald Trump's tariffs with measures of its own.

Intensity Infrastructure Launches Open Season for 136-Mile, 1.5 Bcf/d Bakken Gas Pipeline

Intensity Infrastructure Partners LLC has launched an open season to gauge interest in its proposed Intensity Pipeline, a 136-mile, 1.5 billion cubic feet per day natural gas transmission line in North Dakota.

ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas

ONEOK and MPLX are partnering to build a $1.4 billion, 400,000-barrel-per-day liquefied petroleum gas (LPG) export terminal in Texas City, Texas, along with a $350 million pipeline connecting the terminal to ONEOK's Mont Belvieu storage facility.

Senate Confirms Chris Wright as Trump’s Energy Secretary

The U.S. Senate on Monday confirmed Chris Wright, a fracking executive, to be President Donald Trump's energy secretary.

ADNOC Gas Secures $450 Million LNG Supply Deal with JERA

ADNOC Gas has signed a $450 million three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets, reinforcing its long-standing energy partnership with Japan.

U.S. Natural Gas Prices Jump 9% on Colder Forecast, Sanctions Worries

U.S. natural gas futures jumped about 9% on Monday on forecasts for colder weather and higher heating demand next week and worries about supplies from Canada related to U.S. President Donald Trump's sanctions.

ArcLight Acquires Stake in 500-Mile Gulf Coast Express Pipeline from Phillips 66 for $865 Million

Following the deal, Gulf Coast Express Pipeline will be jointly owned by subsidiaries of Kinder Morgan and ArcLight, with Kinder Morgan remaining the operator. The pipeline is a key outlet for Permian Basin gas, supplying the U.S. Gulf Coast and South Texas’ growing LNG market.

Mexico's Pemex, Billionaire Carlos Slim Renegotiate Lakach Gas Deal

Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources familiar with the matter told Reuters.

Construction Report: Trump Policies, Thirst for LNG Could Bolster Expansion

While the global thirst for LNG continues to drive pipeline construction globally, the real questions for the new year concern a second Donald Trump presidency in the United States. Early analysis from those in the industry suggest the change of administration will be good for midstream.

ONEOK Completes EnLink Midstream Acquisition, Expands Value Chain

ONEOK Inc. has completed its acquisition of EnLink Midstream LLC, strengthening its integrated midstream operations and diversifying its platform. The transaction was approved by EnLink unitholders at a special meeting on Jan. 30.

Ukraine Gas Transit Dispute Escalates as Hungary Threatens EU Sanctions Block

A row over the end of Russian gas flows via Ukraine has intensified as Hungarian Prime Minister Viktor Orban threatened to block the next rollover of EU sanctions against Russia unless Brussels helps to achieve a restart of supply.