Business & Markets
Colombian Oil, Gas Guild Urges Action to Curb E&P Decline, Address Gas Shortfall
The main Colombian guild for oil, gas, and energy service companies proposed on Tuesday several measures to mitigate the drop in exploration and production (E&P) of oil and to take on the natural gas deficit in the South American country.
Three Killed, Two Injured in Accident at LNG Construction Site in Texas
Three workers were killed and two others injured early Tuesday in an accident at Sempra's Port Arthur LNG construction site in Texas. Lead contractor Bechtel has suspended operations while the incident is investigated.
Golden Pass LNG Receives FERC Approval to Commission Key Systems
FERC has granted Golden Pass LNG approval to commission several key systems at its Texas export terminal, advancing the project toward startup.
Phillips 66 to Build 300 MMcf/d Gas Processing Plant in Permian
Phillips 66 plans a new 300 MMcf/d Iron Mesa gas plant in the Permian Basin as part of its midstream expansion, announced alongside a first-quarter loss.
Vaquero Midstream to Build 70-Mile Pipeline, Expand Gas Processing Near Waha Hub
Vaquero Midstream plans a 70-mile gas pipeline and a 200 MMcf/d cryogenic plant to expand operations in the Southern Delaware Basin near the Waha Hub.
German Gas Operators Warn EU-Aligned Storage Plan Could Squeeze Supplies
German gas storage operators are pushing back against a draft plan to align national storage targets with EU rules, warning that inconsistent fill level requirements could unfairly burden some sites and jeopardize winter supply security.
Gulf of Mexico Looking ‘Economically Viable’ in Coming Years
Since the beginning of 2025, with the advent of a second Trump administration, think tanks and energy consultants alike have been busy contemplating what a return to a “drill, baby drill” philosophy will mean to the U.S. and global energy space.
Congress Renews Efforts to Improve Pipeline Safety Law
The Trump administration appears to be more interested in energizing the federal pipeline safety regulator than the Biden administration ever was.
Scotland's Grangemouth Oil Refinery Ends Crude Processing, Begins Layoffs
Grangemouth, Scotland's only oil refinery, has ceased crude processing as Petroineos transitions the site into an import terminal, triggering job cuts and marking the end of an era for the aging facility.
Woodside Greenlights $17.5 Billion Louisiana LNG Project
Woodside Energy has approved a $17.5 billion liquefied natural gas (LNG) project in Louisiana, targeting first production in 2029, as the company expands its global LNG portfolio.
Oil Price Slump Sparks Fears Over Big Oil Dividends, Buybacks
When Exxon Mobil and Chevron report first-quarter results this week, investors will be focused on how falling oil prices have increased the risk to dividends and share repurchases for the rest of 2025.
HYCO1, Malaysia LNG Team Up for Major CO₂ Utilization Project in Sarawak
HYCO1 and Malaysia LNG sign a memorandum to develop a major carbon capture and utilization project in Sarawak, using breakthrough technology to turn CO₂ into valuable chemical and fuel products by 2029.
North American Gas Boom Ahead as LNG, Power Demand Accelerate, Report Says
Wood Mackenzie’s 2050 Strategic Planning Outlook projects strong growth for North American natural gas markets, driven by LNG exports, power demand, and infrastructure expansion amid a shift to higher-cost supply.
Trump Policies Help Louisiana Challenge Texas as Gulf Coast LNG Leader
Louisiana is emerging as a major Gulf Coast LNG hub under Trump-era energy policies, fueled by rising exports, new pipelines, and major investments in natural gas infrastructure.
Syrian President, Iraqi Delegation Discuss Restoring Oil Pipeline
Syrian President Ahmed al-Sharaa and an Iraqi delegation met in Damascus to discuss restoring an oil pipeline through Syria to Mediterranean ports, aiming to boost trade and address regional energy needs amid ongoing economic challenges.
Kenya Puts Breaks on Sale of State Pipeline Company
The sale of KPC was approved in 2023, under the country’s privatization program targeting at least 11 state-owned enterprises due to what the government said was “inadequate capital for investments and working capital due to dwindling government resources to invest in those entities.”
Alberta, Ottawa Pin Hopes on U.S. Ties to Revive Pipeline Projects
Canada ramps up efforts to expand its natural gas pipeline network amid rising domestic demand and growing export opportunities to the U.S., with major projects like Yellowhead Mainline and renewed interest in cross-border infrastructure.
What’s Next for Nord Stream 2? Expert Eyes Repair and Repurposing Options
In this Q&A, offshore construction expert Richard Taylor shares technical insights into the condition of the Nord Stream 2 pipelines and discusses potential repurposing options — from hydrogen transport to LNG imports — as viable alternatives to decommissioning.
U.S. Natural Gas Prices Surge 5% Ahead of Contract Expiration
U.S. natural gas futures rose 5% to a one-week high on Monday ahead of the May contract expiration, supported by higher short-term demand forecasts despite mild weather and rising output.
North Sea Pipeline Activity Accelerating Amid Jump in Demand
The volume of pipeline activity in the North Sea region — covering Denmark, the Netherlands, the southern part of Norway, northwestern regions of Germany and some parts of Sweden, Belgium and France — is accelerating this year, being mainly driven by the ever-growing energy demand, particularly with hydrogen.
Spain’s 1,615-Mile Hydrogen Network Advances Ahead of Schedule, Enagas Says
Spain’s Enagas is moving ahead of schedule with plans to build a 1,615-mile hydrogen network, part of the H2Med corridor linking Iberia to Europe. Operations are set to start by 2030, with a final investment decision expected in 2027.
Processing Raw Biogas into RNG for Pipeline Blending
In these days of growing efforts to reduce the effects of climate change, the agriculture sector is often cited as a major source of greenhouse gases (GHGs), including methane (CH4) and nitrous oxide (N2O), with those two sources combined accounting for about 10% of global non-carbon dioxide (CO2) emissions.
Judge Faults Army Corps Over Pipeline Protests, Awards North Dakota $28 Million
A federal judge awarded North Dakota nearly $28 million from the U.S. government to cover costs tied to the Dakota Access pipeline protests, citing federal negligence during the 2016-2017 demonstrations.
Netherlands Commits to Carbon Storage Project After Shell, Total Withdraw from Pipeline Plans
The Netherlands has pledged $726 million to support its largest carbon storage project after Shell and TotalEnergies withdrew from investing in pipeline infrastructure. The move aims to keep the Aramis project on track to meet 2030 climate goals.
Corrosion Control, Training Take Center Stage in AMPP Chair’s Vision
Editor-in-Chief Michael Reed speaks with AMPP Chair Juan Caballero about the organization’s global expansion, workforce challenges, and efforts to strengthen training and certification programs in corrosion prevention.
Duke Energy Orders Up to 11 Gas Turbines in GE Vernova Deal
Duke Energy will acquire up to 11 gas turbines from GE Vernova to meet rising power demand across its U.S. service areas. The deal supports Duke's grid modernization strategy and follows GE’s major U.S. manufacturing expansion.
Argentina's YPF Drops Plan for Land-Based LNG Plant, Will Rely on Floating Facilities
Argentina’s state-run YPF has scrapped plans for an onshore LNG facility and will instead use floating liquefaction vessels to export gas from Vaca Muerta, CEO Horacio Marin said.
EQT Plans to Spend Less While Producing More U.S. Natural Gas in 2025
EQT plans to cut 2025 capital spending while increasing natural gas production, citing efficiency gains and strong well performance. The company also announced a $1.8 billion deal to acquire Olympus Energy’s upstream and midstream assets.
U.S. to Host Alaska LNG Summit, Urges Asian Support for $44 Billion Project
The U.S. plans to host an Alaska LNG summit in early June, seeking support from Japan and South Korea for the $44 billion export project. The meeting aims to advance commitments amid rising Asian demand for natural gas.
Valero Confirms Benicia Refinery Closure Amid Tough Regulations, High Costs
Valero Energy plans to shut down its Benicia, California, refinery by April 2026, citing a challenging regulatory environment and high maintenance costs. The closure adds to growing concerns about fuel supply in the state.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Diversified Energy Closes $42 Million Summit Natural Resources Acquisition
- New Alternatives for Noise Reduction in Gas Pipelines
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
- South Dakota Governor Signs Bill Banning Eminent Domain for Carbon Pipeline
- Woodside May Delay Final Investment Decision on Louisiana LNG to Q2, CEO Says
