Permian

Macquarie, Dow Launch $2.4 Billion Gulf Coast Pipeline Infrastructure Partnership

Macquarie Asset Management has announced a new partnership with Dow Inc. to form Diamond Infrastructure Solutions, a venture focused on managing and expanding key U.S. Gulf Coast infrastructure assets, including pipelines, storage, and industrial services.

Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline

Energy Transfer has announced a final investment decision (FID) to build the Hugh Brinson Pipeline, a $2.7 billion intrastate natural gas pipeline designed to move Permian Basin production to key Texas markets and trading hubs.

ONEOK Completes NGL Fractionation and Pipeline Expansion Projects

ONEOK Inc. announced the completion of two key natural gas liquids (NGL) infrastructure projects: the MB-6 fractionator in Mont Belvieu, Texas, and the looping of the West Texas NGL Pipeline system.

Shell Completes Sale of Houston-Area Pipeline Assets to Edgewater Midstream

Shell Pipeline Company and its subsidiary Triton West have completed the sale of the Sinco pipeline system and Colex terminal to Edgewater Midstream.

Summit Midstream Completes Acquisition of Tall Oak Midstream III

This acquisition significantly boosts Summit’s natural gas portfolio, bringing its balance to about 50% natural gas-focused operations.

U.S. LNG Natural Gas Demand Nears Record Level

U.S. LNG export facilities are driving natural gas demand close to record highs, reaching 14.6 Bcf—just shy of December 2023's peak. Increased output from key plants like Freeport and Cheniere boosts U.S. global energy impact.

Wood to Design DeLa Express Pipeline Linking Texas to Louisiana

Wood has been awarded the front-end engineering design (FEED) for a long-haul, large-diameter, liquids-rich natural gas pipeline project in the United States.

EIA Report Warns of Tighter Global Natural Gas Supply This Winter

The EIA report warns that the global natural gas supply may tighten this winter, with colder temperatures and potential disruptions to pipeline flows and LNG supplies.

Judge Dismisses $1.3 Billion Lawsuit Against Texas LNG Builders Over 2022 Explosion

A U.S. bankruptcy judge has dismissed two lawsuits seeking damages totaling $1.3 billion against Zachry Industrial Inc. and its joint venture partners stemming from an explosion that damaged Freeport LNG’s Freeport, Texas facility in June 2022.

FERC Approves Texas-Louisiana Expansion Project by Kinder Morgan Subsidiary

(P&GJ) — The Federal Energy Regulatory Commission has approved the Texas-Louisiana expansion project, filed by Natural Gas Pipeline Co. of America, a Kinder Morgan subsidiary, according to a FERC filing on Nov. 21.

U.S. Oil Firms Unlikely to Go 'Drill, Baby, Drill' Under Trump, Says Exxon Executive

U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.

Henry Hub Natural Gas Sets Single-Day Options Record Amid U.S. Cold Front

Henry Hub Natural Gas options reached a record 561,379 contracts on November 21, surpassing the previous high of 506,500 contracts set on November 14, 2018.

Vivakor Completes Omega Pipeline Expansion in Oklahoma

Vivakor Inc. has finished expanding its Omega Pipeline System in Blaine County, Oklahoma. The project, which added two new gathering lines, was completed ahead of schedule and under budget.

EQT, Blackstone Forge $3.5 Billion Deal for Mountain Valley Pipeline Stake

(P&GJ) — EQT Corporation announced a $3.5 billion joint venture (JV) with Blackstone Credit & Insurance (BXCI) focused on midstream assets, including stakes in the Mountain Valley Pipeline (MVP) and the Hammerhead Pipeline.

Trump Plans Aggressive LNG Export Expansion, Offshore Drilling Push

Donald Trump is preparing an extensive energy plan prioritizing LNG export permits and accelerating offshore drilling. The initiative aims to lift Biden's LNG permit freeze and expand U.S. natural gas dominance.

U.S. Awards $2.2 Billion for Gulf Coast, Midwest Hydrogen Hubs to Advance Clean Energy

The U.S. Department of Energy is awarding up to $2.2 billion to hydrogen hubs on the Gulf Coast and in the Midwest to accelerate clean-energy development, aiming to boost industrial applications and address climate goals.

LNG Feedgas to Louisiana’s Plaquemines Plant Drives U.S. Total to 10-Month High

Feedgas to U.S. LNG export plants is poised to hit a 10-month high, driven by record flows to Louisiana's Plaquemines LNG plant as testing continues ahead of its anticipated launch. The U.S. remains the world’s leading LNG supplier, with exports fueling demand growth globally.

ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion

(P&GJ) — ONEOK has agreed to sell its three wholly owned interstate natural gas pipeline systems—Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission—to DT Midstream for $1.2 billion in cash.

Carbon Mapper's Tanager-1 Flags, Mitigates Methane Leak in Permian Gathering Pipeline

A methane leak from a gathering pipeline in the Texas Permian Basin was swiftly mitigated after detection by the Tanager-1 satellite. Carbon Mapper's data, shared with agencies and operators, led to voluntary repairs, showcasing the critical role of remote sensing in midstream emissions management.

Venture Global LNG’s Louisiana Plant Runs $2.35 Billion Over Budget, Documents Disclose

Venture Global LNG's second liquefied natural gas export facility in Louisiana is $2.35 billion over budget, according to IPO documents. The company attributes the cost increase to inflation and construction challenges but remains confident in covering future overages.

Coterra Expands in Permian with $4 Billion New Mexico Acquisitions, Adds 125 Miles of Pipeline

Coterra Energy Inc. has announced agreements to acquire assets from Franklin Mountain Energy and Avant Natural Resources for a combined $3.95 billion.

U.S. Natural Gas Prices Hit 25-Year Low at Henry Hub, Drop into Negative at Waha

U.S. natural gas prices plunged to a 25-year low at Henry Hub and into negative territory at Waha, driven by mild weather, low demand, and pipeline constraints.

Freeport LNG Sets New Gas-Processing Record After Plant Overhaul

Freeport LNG drew record natural gas volumes on several days this week, according to financial firm LSEG, following completion of an overhaul that increased processing capacity.

WhiteWater Reaches FID on 170-Mile, 1.75 Bcf/d Pelican Pipeline to Serve Louisiana’s Gillis Hub

WhiteWater has announced it will proceed with constructing the Pelican Pipeline, a major natural gas line stretching 170 miles from Williams, Louisiana, to the Gillis Hub near Ragley, Louisiana.

TC Energy's Profit Surpasses Estimates, Driven by U.S. Gas Pipeline Demand

TC Energy exceeded third-quarter profit forecasts, with significant growth from its U.S. natural gas pipeline segment amid rising North American energy demand. The company continues to benefit from high natural gas consumption and record U.S. imports of Canadian oil.

Williams Companies Exceeds Q3 Profit Estimates on Higher Revenue, Boost from Transco Pipeline

Williams Companies surpassed third-quarter profit forecasts with strong service revenue and increased natural gas flows, especially from its Transco pipeline. The company raised its annual profit outlook, citing demand from data center growth and industrial re-shoring projects.

Energy Transfer Receives 16 Bcf/d Natural Gas Requests Amid Growing Data Center, Power Needs

Energy Transfer reported a substantial increase in requests to connect over 90 power plants and data centers, with potential demand totaling up to 16 Bcf/d of natural gas. The surge is fueled by growth in data centers supporting AI, and pipeline proximity could allow Energy Transfer to capture a significant portion of this new demand.

Federal Regulators Approve Venture Global to Introduce Natural Gas at Louisiana LNG Plant

Federal regulators have granted Venture Global permission to introduce natural gas into its Plaquemines LNG plant in Louisiana, bringing the facility closer to producing liquefied natural gas (LNG) and strengthening U.S. LNG export capacity.

Trump’s Return May Shift U.S. Energy Focus, but Clean-Energy Boom Remains Strong

Donald Trump's return to the White House would likely redirect U.S. energy policy towards oil and gas, but experts believe the nation's clean-energy boom will maintain momentum due to existing subsidies and market dynamics.

Texas Reelects Craddick to Lead Oil Regulatory Body, Signaling Continued Industry Growth

Texas voters have re-elected Christi Craddick as chair of the Texas Railroad Commission, reinforcing her conservative stance on energy regulation and signaling further growth for the state’s oil industry, including the Permian Basin.