Processing/LNG
Venture Global to Target $110 Billion Valuation in IPO Pitch Next Week
Venture Global LNG will begin formally pitching investors next week for its highly anticipated initial public offering, with the second-largest U.S. producer of liquefied natural gas aiming to secure a non-diluted valuation of as much as $110 billion, documents show.
AGDC and Glenfarne to Develop $44 Billion Alaska LNG Project, Including 807-Mile Pipeline
The Alaska state's Alaska Gasline Development Corporation (AGDC) entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project, an AGDC spokesperson said on Friday.
Philippines Encourages LNG Importers to Aggregate Purchases to Lower Prices
The Philippines is encouraging importers of liquefied natural gas (LNG) to voluntarily aggregate purchases of the super-chilled fuel in efforts to lower prices and improve market efficiencies, government officials said on Wednesday.
Equinor Extends Hammerfest LNG Outage to Jan. 19 Due to Compressor Repairs
Equinor has extended an ongoing outage at its Hammerfest LNG plant in Arctic northern Norway by 10 days to Jan. 19 as it continues to repair a failed compressor, the company said in a regulatory filing on Wednesday.
Shell Faces Shareholder Scrutiny Over LNG Strategy and Climate Goals
Shell's plans to increase sales of liquefied natural gas (LNG) have been called into question by a major group of shareholders that has filed a resolution asking whether the strategy is compatible with a goal to cut carbon emissions.
Trump Vowed Swift LNG Approvals, but Advisers Urge Patience to Avoid Legal Pitfalls
Advisers to U.S. President-elect Donald Trump are urging him to take a patient approach to restarting approvals for liquefied natural gas export licenses, fearing rapid approvals will only get overturned in court, according to two sources familiar with the discussions.
Pembina Completes Kaybob Complex Acquisition, Expands Infrastructure in Karr and Gold Creek Areas
Pembina Pipeline Corp. has completed the acquisition of a 50% working interest in Whitecap Resources Inc.'s 15-07 Kaybob Complex located in Alberta, Canada, as announced by Pembina Gas Infrastructure Inc.
FERC Rejects Effort to Regulate Williams’ Gathering Line
(P&GJ) — The Federal Energy Regulatory Commission (FERC) just gave a big boost to interstate pipelines that are considering new connections between shale fields and customers.
Baker Hughes to Supply Key Equipment for Woodside LNG Project in Louisiana
Baker Hughes has secured a contract from Bechtel Energy to provide liquefaction equipment for two plants as part of Phase 1 of Woodside Energy Group’s Louisiana LNG project.
Steelhead LNG Files Lawsuit Against Cedar LNG, Pembina, and ARC Resources
Steelhead LNG, a Vancouver-based liquefied natural gas developer, has initiated legal proceedings in British Columbia against Cedar LNG, Pembina Pipeline Corporation, and ARC Resources Ltd., alleging unauthorized use of proprietary information related to LNG facility development.
U.S. Natural Gas Prices See Best Year Since 2016 as LNG Export Demand Surges
U.S. natural gas futures retreated on Tuesday as traders booked profits after prices surged to a two-year peak in the previous session, though the market looked set for its biggest annual jump since 2016 fueled by an increase in gas flowing to liquefied natural gas (LNG) export plants on higher overseas demand.
Chart Industries Secures Equipment Order for Woodside LNG Project
Chart Industries Inc. has been selected to supply liquefaction technology and equipment for Phase 1 of Woodside Energy Group’s Louisiana LNG project.
Court Temporarily Halts Construction of Tennessee Pipeline
(P&GJ) — Environmental opposition continues to bedevil proposed pipeline projects, both at the state and federal level, and Kinder Morgan’s Tennessee Gas Pipeline Company’s Cumberland Pipeline project is the latest poster child.
Cheniere Produces First LNG at Corpus Christi Stage 3 Project
Cheniere Energy on Monday said that liquefied natural gas (LNG) was produced for the first time from the first train (Train 1) of its Corpus Christi Stage 3 Liquefaction Project.
U.S. Natural Gas Prices Surge 23% Amid Cold Snap, Rising LNG Demand
U.S. natural gas futures soared more than 23% on Monday to mark their biggest daily percentage increase in two months, fueled by forecasts for more cold weather in January and an increased amount of gas flowing to liquefied natural gas (LNG) export plants.
Editor’s Notebook: Happier Days Off the U.S. Gulf Coast
In this exclusive Pipeline & Gas Journal article, Enbridge unveils plans for two new offshore pipelines in the Gulf of Mexico to support bp's Kaskida project, showcasing the region's ongoing oil and gas infrastructure expansion.
U.S. Natural Gas Prices Fall 5% From 2-Year High on Milder January Forecast
U.S. natural gas futures fell more than 5% on Thursday from a near two-year high in holiday-thinned trade as forecasts for less cold conditions in the short-term overshadowed support from a rise in the amount of gas flowing to liquefied natural gas (LNG) export plants.
Venture Global's LNG Tanker Likely Carrying First Plaquemines Cargo to Germany
U.S. liquefied natural gas (LNG) company Venture Global LNG's tanker Venture Bayou, currently stationed at the Plaquemines LNG export plant in Louisiana, is expected to head to Brunsbuttel, Germany and will likely arrive there by Jan. 8, according to LSEG data.
Germany's DET to Offer Limited LNG Slots at Wilhelmshaven in May
Germany's LNG terminals have helped calm markets by giving evidence that gas supplies are being stabilized and new overseas suppliers sought after westward gas exports from Russia stopped. This has helped cut gas prices from multi-year highs.
U.S. Natural Gas Demand for LNG Exports Drops for First Time in 8 Years
Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed for its first decline since the country started exporting the super-chilled fuel from the lower 48 states eight years ago.
Venture Global LNG Seeks Force Majeure Extension to 2025, IPO Filing Reveals
Venture Global LNG wants to extend the force majeure at its Calcasieu Pass liquefied natural gas plant in Louisiana to 2025, delaying first supplies under long-term contracts to three years after starting production, according to its initial public offering document.
Japan Gas Lobby Calls for Diplomacy to End LNG Destination Clauses
The head of the Japan Gas Association on Friday urged the government to enhance diplomatic efforts to eliminate destination clauses in long-term liquefied natural gas (LNG) contracts, ensuring flexibility for resale in response to demand trends.
U.S. Natural Gas Prices Surge 5% to 23-Month High on Colder Forecasts, Rising LNG Feedgas
U.S. natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas wells and lift spot prices by reducing output as in past years.
Woodside’s Pluto Train 2 Modules Arrive, Scarborough LNG Project Advances
The Scarborough Energy Project achieved a major milestone with the final modules for Pluto Train 2 arriving at the Pluto LNG facility in Karratha, Western Australia. This development brings Woodside Energy closer to its goal of delivering first LNG by 2026.
Energy Transfer Signs 20-Year LNG Deal with Chevron for Lake Charles Project
Under the agreement, the unit, Energy Transfer LNG, will supply 2.0 million tonnes per annum (mtpa) of LNG to Chevron from the Lake Charles project in Louisiana.
YPF and Shell Partner to Advance $50 Billion Argentina LNG Project
Argentina's state-run oil company YPF and oil major Shell signed an agreement to develop the country's flagship liquefied natural gas (LNG) project, the companies said on Thursday.
Chevron, Woodside Agree to Western Australia LNG Asset Swap
Woodside and Chevron said on Thursday they would streamline oil and gas operations in Western Australia through a stake swap deal, a move resulting in the Australian energy giant exiting the $34 billion Wheatstone LNG project.
U.S. Keeps LNG Exports Crown, Even as Growth Slows
The U.S. is set to maintain its LNG exports crown in 2024, with shipments climbing to new highs despite challenges like falling export prices and a drop in European demand. As global LNG prices rise, U.S. exporters look to offset losses with increased sales to Asia.
Glass Lewis Backs Martin Midstream's Buyout Deal with Martin Resource
Martin Midstream Partners said on Wednesday that proxy advisory firm Glass Lewis has recommended the energy infrastructure firm's unitholders to vote for the company's proposed buyout deal with Martin Resource Management Corp.
U.S. Natural Gas Prices Rise 2% on Increased LNG Exports, Cold Weather Demand
U.S. natural gas futures climbed about 2% on Wednesday on rising flows to the nation's liquefied natural gas (LNG) export plants and expectations utilities pulled more gas out of storage than usual to heat homes and businesses during extreme cold for a second week in a row last week.

- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again
- U.S. Oil Inventories at Cushing Storage Hub Drop to Lowest in a Decade