Gas

White House Considers Ending LNG Export Pause for Ukraine Aid, Sources Say

U.S. officials are open to ending President Joe Biden's pause on approvals of LNG exports to get a Ukraine aid package passed in Congress, but want to wait to see the entire proposal before making any decisions, two White House sources said on Tuesday.

Cheniere's Reduced Output Leads to Decline in U.S. LNG Demand

There was a significant decline on Tuesday in the amount of U.S. natural gas being liquefied for export with a drop in demand from Cheniere Energy's Corpus Christi plant in Texas and its Sabine Pass operation in Louisiana, according to data from financial firm LSEG.

SLB to Buy ChampionX for $8 Billion in Growing Deal-Making in U.S. Energy Sector

Top oilfield services company SLB said on Tuesday it will buy smaller rival ChampionX in an all-stock deal valued at $7.75 billion, amid growing consolidation in the North American energy sector.

Summit Midstream Launches Open Season on Natural Gas Pipeline

Pipeline operator Summit Midstream Partners on Monday launched a non-binding open season to gauge interest for services of a natural gas pipeline running from the Delaware Basin in New Mexico and Texas to the Waha hub in West Texas.

GCL Revives Gas Business After Offloading Solar, Sets Sights on LNG Ambitions

Privately-run Chinese power company GCL Holdings is rebuilding a natural gas business after offloading hundreds of solar installations to set up gas import capacity and a trading operation, company executives told Reuters.

Canada Rejects Investment in LNG Facilities, Emphasizes Private Sector Role

Canada is not interested in subsidizing future LNG projects, including electrification of projects currently in the works, Energy and Natural Resources Minister Jonathan Wilkinson said in a television interview on Sunday.

Moldova Diversifies Gas Supply, Purchases U.S.-Origin LNG from Greece for Consumers

Moldova's domestic gas supplier Energocom said it will supply its consumers with test volumes of U.S.-origin LNG for the first time on Monday and Tuesday.

Argentina Pursues Gas Export Route to Brazil via Bolivia Amid Regional Supply Concerns

Energy companies from Argentina and Brazil have begun talks on reversing the southerly flow of a Bolivian natural gas pipeline network that connects the three countries as a regional gas deficit could force Brazil to pay up for alternative supplies of the fuel.

Mitsui Invests $740 Million in Developing Vietnam Gas Field

Japanese trading house Mitsui & Co. said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 million.

TotalEnergies Restarts Gas Production at Tyra Offshore Hub

The revamped hub is expected to produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day, reaffirming Denmark's self-sufficiency and status as a net exporter of natural gas.

MidOcean Energy Completes Acquisition of Tokyo Gas’ Australian LNG Interests

MidOcean Energy, managed by EIG, a prominent investor in the energy and infrastructure sectors, has finalized its acquisition of Tokyo Gas’ interests in a suite of Australian integrated LNG projects.

SEFE Acquires Full Stake in WIGA from Wintershall Dea

WIGA holds sole ownership of German regulated gas transmission system operators GASCADE Gastransport GmbH and NEL Gastransport GmbH.

Exxon Sells Majority Stake in Italy's Largest LNG Terminal to IKAV and VTTI

Under the deal, Exxon Mobil will sell its 70.7% stake in the Adriatic LNG terminal, the U.S. oil and gas group said, as part of a broader strategy to divest non-strategic assets and focus efforts on doubling its LNG production by 2030 globally.

Takeaway on Upswing in Permian, Haynesville

According to Pipeline & Gas Journal’s recent construction report a total figure of 19,832 miles of pipeline either planned or under construction in North America.

CPS Energy to Acquire Gas Plants from Talen Energy for $785 Million

Utility firm CPS Energy said on Wednesday it would buy natural gas plants in Corpus Christi and Laredo in Texas from Talen Energy for $785 million.

U.S. Opposes Pakistan-Iran Gas Pipeline Project, Warns of Sanctions

The U.S. said on Tuesday it does not support a Pakistan-Iran gas pipeline project from going forward and cautioned about the risk of sanctions in doing business with Tehran.

Enbridge to Form Natural Gas Supply Venture Connecting Permian and Gulf Coast

Canadian pipeline operator Enbridge said on Tuesday it would form a venture with I Squared Capital and pipeline firms WhiteWater and MPLX to connect Permian supplies to the U.S. Gulf Coast to tap into strong LNG demand for exports.

U.S. Gas Producers Optimistic Amidst Low Prices, Banking on LNG Expansion

Energy executives say they are looking past current ultra-cheap gas prices and betting on a coming wave of new LNG plants to lift demand — and prices — for the fuel.

Matador Completes Natural Gas Pipeline Connections in Delaware Basin

Matador Resources Company has announced the successful completion of natural gas pipeline connections between Pronto Midstream and San Mateo and between Pronto Midstream and Matador’s acreage obtained in the Advance acquisition.

Addressing Challenges in Carbon Capture, Storage Deployment

While the use of renewables, improved energy efficiency and electric vehicles are areas of focus, oil and natural gas will continue to be in demand for petrochemicals and fueling transportation by land, sea and air.

Summit Midstream Exits Utica Shale in $625 Million Deal with MPLX

Pipeline operator Summit Midstream Partners said on Friday it would sell its Utica assets to a unit of midstream company MPLX LP for about $625 million in cash.

SilverBow Resources Shareholder Endorses Kimmeridge's $2.1 Billion Offer

SilverBow Resources shareholder Riposte Capital on Thursday backed Kimmeridge Energy Management's latest buyout offer that valued the U.S. oil and gas producer at close to $2.1 billion, including debt.

Suriname Urges Exxon and TotalEnergies to Unify Gas Projects

Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday.

Trinidad Pursues U.S. License for BP-Venezuela Gas Project Amid Sanctions

The government of Trinidad and Tobago has begun talks with the U.S. for a license that would allow the joint development of a natural gas project shared with Venezuela that also involves BP, Energy Minister Stuart Young said on Thursday.

Gas Pipeline Expansion Trends Shift: Intrastate Capacity Surpasses Interstate in 2023

In a significant shift, natural gas intrastate pipeline capacity outpaced interstate additions in the United States in 2023, according to data from the U.S. Energy Information Administration (EIA).

Williams Delays Louisiana Pipeline Project Amid Dispute with Competitor Energy Transfer

U.S. energy firm Williams Companies has delayed the completion of its Louisiana Energy Gateway natural gas pipeline project following a dispute with a rival, Williams CEO Alan Armstrong said on Wednesday at a conference.

Petronas Begins Construction of Floating LNG Facility for Argentina's Gas Exports

Malaysia's state energy firm Petronas has begun the construction of a floating liquefied natural gas (FLNG) processing unit to be placed off the coast of Argentina, which aims to begin exports by 2027.

Williams Plans Expansion of Gas Pipeline Network in Virginia

Pipeline operator Williams Cos. is preparing for a major expansion of its pipeline network in the Southeastern United States. This expansion will increase the capacity of the Transcontinental pipeline network, which spans approximately 10,000 miles from Texas to New York.

Enstor Seeks FERC Approval to Double Capacity of Mississippi Hub Natural Gas Storage Facility

Enstor Gas LLC has submitted an application to FERC through its affiliate, Mississippi Hub LLC, for an expansion of its natural gas storage facility located in Simpson County, Mississippi.

TotalEnergies Readies Port Arthur, Texas FCC for Restart

TotalEnergies was preparing on Friday to restart the gasoline-producing fluidic catalytic cracker (FCC) over the weekend at its 238,000 barrel-per-day Port Arthur, Texas refinery, said people familiar with plant operations.