Gas

Analysis: How Devon Energy Missed the Boat on U.S. Oil and Gas Mega-Deals

U.S. oil and gas producer Devon Energy has lost bids to acquire at least three of its peers in the last 12 months because its shares were spurned as acquisition currency, according to people familiar with the negotiations.

Sinopec Unit Secures $1.1 Billion Deal to Build Gas Pipelines for Saudi Aramco

A Sinopec service unit said on Thursday it has signed a $1.10 billion deal to build natural gas pipelines for Saudi state oil company Aramco.

GreenGasUSA and Darling Ingredients Partner to Produce Renewable Natural Gas

GreenGasUSA and Darling Ingredients Inc. have joined forces in a groundbreaking partnership aimed at producing renewable natural gas (RNG) and capturing CO2 emissions from wastewater streams at Darling’s U.S. facilities.

Golden Pass LNG Construction Turmoil to Delay Texas Plant's Startup, Analysts Say

The startup of Golden Pass LNG, the QatarEnergy and ExxonMobil $11 billion joint venture liquefied natural gas project in Texas, has been delayed by at least six months due to construction turmoil, analysts said on Thursday.

Southern Company Gas Subsidiaries Secure First Renewable Natural Gas Deal

Two Southern Company Gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, have finalized their inaugural renewable natural gas (RNG) agreement.

Entergy Texas Plans New Natural Gas Power Plants to Address Growing Electricity Demand

Entergy Texas plans to build two new natural gas power plants, as it confronts burgeoning electricity demand in the southern state, the company said.

Kinetik Completes Sale of Equity Stake in Gulf Coast Express Pipeline

Kinetik Holdings Inc. has announced the completion of its previously announced sale and direct transfer of its 16% equity interest in the Gulf Coast Express pipeline to an affiliate of ArcLight Capital Partners LLC for $510 million.

Enbridge Adds 21,000 Miles of Gas Pipelines to Network with Questar Gas Company Acquisition

Questar Gas's asset portfolio includes over 21,000 miles of natural gas distribution and transmission pipelines, a liquefied natural gas storage facility that enhances system reliability, and interconnections to multiple interstate natural gas pipelines.

Saudi Aramco Explores LNG Ventures with U.S. Firms Tellurian, NextDecade, Sources Say

Oil giant Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production, three sources close to the talks told Reuters.

TotalEnergies Secures New LNG Contracts in Asia

TotalEnergies has announced the signing of two new liquefied natural gas (LNG) contracts in Asia, as part of its strategy to expand its LNG business.

Enterprise Launches Open Season for Expanded Diluent Service on TE Products Pipeline

Originating in Mont Belvieu, Texas, the pipeline stretches to the Chicago-area market, providing access to third-party pipelines facilitating diluent transport to Canada. The open season aims to accommodate heightened shipper demand without disrupting existing operations.

Verde Clean Fuels Taps Chemex Global for Natural Gas-to-Gasoline Facility Design

Verde Clean Fuels Inc. has enlisted Chemex Global LLC to lead the front-end engineering and design phase for a proposed natural gas-to-gasoline facility in the Permian Basin.

Russia's May Pipeline Gas Exports to Europe Surge 39%, Data Shows

Russian energy giant Gazprom's average daily natural gas supplies to Europe in May rose by 7.3% from April and 39% year on year, Reuters calculations showed on Monday.

Tokyo Gas Seeks More U.S. Natural Gas Assets, President Says

Japan's top city gas supplier Tokyo Gas is looking to add more U.S. natural gas assets, its president said on Monday, as it aims to expand its gas-related businesses in North America after its recent acquisition of a U.S. shale gas producer.

Kremlin Confident Gas Pipeline Deal with China Will Be Reached

Russia said on Monday there was no doubt it would reach an agreement with China to build the new Power of Siberia 2 gas pipeline, after a Financial Times report said the deal had stalled over Chinese price demands.

Chevron Australia Resumes Full LNG Production at Gorgon Facility

Chevron has resumed full LNG production at its Gorgon Gas facility in Australia, after a mechanical fault caused one production train to go offline in late April.

BP, Trinidad's NGC Receive U.S. License for Gas Development with Venezuela

British oil major BP and Trinidad and Tobago's state energy firm NGC have received a two-year license from the U.S. Treasury Department to negotiate and develop the Cocuina-Manakin gas fields with Venezuela, Trinidad's energy minister said on Wednesday.

Trinidad Court Upholds ConocoPhillips' $1.3 Billion Claim Against Venezuela

A Trinidad and Tobago court order has granted ConocoPhillips the right to enforce a $1.33 billion claim against Venezuela for past expropriations, a decision that could complicate proposed offshore gas ventures between Trinidad and Venezuela.

Southeast Asia's $220 Billion Gas Expansion Plans Could Hinder Energy Transition, Says GEM

Southeast Asian countries are planning to invest as much as $220 billion on a rapid natural gas expansion program that could slow the region's clean energy transition, research by Global Energy Monitor (GEM) showed on Thursday.

Tellurian Plans to Use Gas Asset Sale Proceeds to Reduce Debt

LNG developer Tellurian will use most of the proceeds from the sale of its natural gas assets to Aethon Energy to pay off long-term debt, a company spokesperson said on Wednesday.

Aethon Energy to Acquire Tellurian's Upstream Assets for $260 Million

Aethon Energy said it would buy Tellurian's upstream assets for $260 million and signed a deal that could allow the investment firm to purchase two million tons per annum of LNG from Tellurian's Driftwood LNG plant.

ConocoPhillips to Acquire Marathon Oil in $22.5 Billion Deal Amid Ongoing Energy Mergers

ConocoPhillips has agreed to acquire Marathon Oil in an all-stock transaction valued at $22.5 billion, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.

Energy Transfer Adds 6,000 Miles of Pipeline with $3.25 Billion WTG Midstream Acquisition

WTG's assets include a 6,000-mile pipeline network that serves the Midland Basin, eight processing plants with a total capacity of 1.3 billion cubic feet per day, and two new plants that are under construction.

Italy's Gas Pipeline Renaissance: A Strategic Move Towards Energy Dominance

Italy plans to actively develop its gas pipelines’ network in years to come with the intention of serving as the biggest gas hub in Europe and the entire Mediterranean region.

Conduit Power and Riley Permian Expand Partnership for ERCOT Power Sales

Plans include the construction of 100MW natural gas-fueled generation and battery energy storage systems across multiple West Texas facilities, slated for commercial operations by 2025.

XCMG's Advanced Drilling Rig Overcomes Challenges in Serbia's Gas Pipeline Project

XCMG's advanced drilling rig, the XZ3600, triumphs in Serbia's gas pipeline project, conquering tough terrain and hard soil layers with ease.

Hess-Chevron Merger Vote Expected to Be Narrowly Approved

Hess Corp. CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 billion sale of the oil producer to Chevron Corp.

U.S. LNG Export Pause Creates Opportunities for Middle East Producers, Says Woodside CEO

A moratorium on new U.S. LNG export projects could open up opportunities for producers in the Middle East and Russia, but Western sanctions are curbing Moscow's ambitions to expand its global gas trade, a senior industry official said.

OMV Warns Gazprom May Halt Gas Supplies

Austrian oil and gas group OMV said on Wednesday that gas supplies from Russia's Gazprom may be suspended in connection with a foreign court ruling, without identifying the case but assuring the market it would have replacement cover.

Mexican Developer Seeks Permit to Export U.S. Gas for LNG Production

Mexico-based Gato Negro Permitium Uno and partners including Houston-based Big River Energy plan to construct four LNG processing plants in Manzanillo on Mexico's Pacific coast to produce up to 4 MTPA of LNG, the company said.