North America
FERC Asks Venture Global LNG to Justify Confidential Document Filings
The Federal Energy Regulatory Commission on Wednesday asked liquefied natural gas developer Venture Global LNG to explain the basis for its extensive filing of confidential documents in its Calcasieu Pass LNG export terminal.
SONATRACH and Huawei Launch Smart Fiber Sensing Solution for Oil, Gas Pipelines
This innovative solution integrates advanced fiber optic sensing technology to enhance pipeline security, intelligence, and operational efficiency.
Kimmeridge Makes $2.1 Billion Offer for SilverBow, Proposing Pipeline Assets Merger
Kimmeridge Energy Management has submitted a new offer to acquire SilverBow Resources that values the U.S. oil and gas producer at close to $2.1 billion, including debt, the investment firm said on Wednesday.
Former Tallgrass Board Member Settles Insider Trading Charges Linked to $3.03 Billion Pipeline Deal
A former Tallgrass Energy board member and his friends will pay $2.2 million to settle insider trading charges related to a Blackstone-led $3.03 billion buyout offer for the oil pipeline operator in 2019, the U.S. SEC said on Tuesday.
CarbonCapture Raises $80 Million from Saudi Aramco, Others for Carbon Removal Technology
Los Angeles-based CarbonCapture, which aims to build machines that suck carbon dioxide out of the air to fight climate change, said it had raised $80 million from investors that include Saudi oil giant Saudi Aramco.
Venezuela Rushes to Strengthen Iran Relationship as U.S. Sanctions Loom
Iran and Venezuela are trying to patch together an oil alliance that began to fray last year, according to six people familiar with the matter, after the South American country fell behind on oil swaps that had boosted crude exports and helped stem domestic fuel shortages.
Freeport LNG's Feedgas Intake Plummets Amidst Operational Challenges
Feedgas intake at the second largest U.S. LNG plant has fallen by almost half over the last week, according to data provider LSEG.
NextDecade Targets Train 4 Final Investment Decision at Texas LNG Facility for Late 2024
NextDecade said on Monday it was targeting a final investment decision (FID) and plans to start construction of the fourth liquefaction train at its Rio Grande LNG facility in Texas by the second half of 2024.
CNX Resources Delays Production Activities, Expects Volume Decline Amid Weak Gas Prices
U.S. energy firm CNX Resources said on Tuesday it expects lower production volumes in 2024 as it is delaying some well completion activities amid weak natural gas prices.
Leak Shuts Down CDU and Coker at TotalEnergies Texas Refinery, Sources Say
The coker and small crude distillation unit (CDU) were shut by a leak on the gasoline-producing fluidic catalytic cracker (FCC) at TotalEnergies' 238,000 barrel-per-day (bpd) Port Arthur, Texas, refinery, people familiar with plant operations said on Monday.
European Energy Giants Urge U.S. Regulators to Reject Venture Global LNG's Permit Extension
Top European energy companies on Friday asked U.S. regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana export plant.
Shell's LNG, Gas, and Power Trading Chief Steve Hill to Depart Company
Hill joined Shell in 2016 following the $53 billion acquisition of rival BG Group. He has headed Shell Energy, which oversees business-to-business LNG, gas and power trading, part of the company's downstream division.
Japan Bolsters LNG Supplies, Relying More on Allies Australia and U.S.
Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key contracts from providers including Russia are set to expire by the early 2030s.
Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector
Texas sued the U.S. government over Environmental Protection Agency rules published on Friday, that crack down on the oil and gas industry's releases of methane, a potent greenhouse gas that contributes to climate change.
Bakken Drillers Push Back Against U.S. Carbon Pipeline Company's No Oil Recovery Promise
Summit Carbon Solutions is trying to build the biggest carbon dioxide capture pipeline in the United States to transport and bury greenhouse gases. The company has repeatedly pledged that its project will not be used by drillers to boost output from oil fields.
Enterprise Products Launches Texas Western Products System, Expanding Fuel Operations
Enterprise Products Partners L.P. has announced that the first phase of its Texas Western Products System (TW Products System) is now in service with the start of truck loading operations at the company’s new Permian terminal in Gaines County, Texas.
EQT and Equitrans Midstream to Merge in $5.5 Billion Natural Gas Deal
EQT Corp., the leading U.S. natural gas producer, is set to acquire Equitrans Midstream in a deal valued at $5.5 billion. The merger will bolster cost-effective production and transportation of natural gas by incorporating over 2,000 miles of pipeline infrastructure into EQT's operations.
Williams Secures Nearly $1 Million for Carbon Storage Research in Wyoming
Oklahoma-based pipeline operator Williams Cos. has been awarded $975,000 in funding to study carbon capture and storage initiatives in Wyoming.
U.S. Coast Guard Investigates Oil Spill Off Huntington Beach, California Coast
The U.S. Coast Guard on Friday were trying to identify the source of an oil spill off the coast of Huntington beach, California, the agency said.
Shell, Edison Urge U.S. Regulators to Reject Venture Global LNG's Permit Extension Request
Italian utility Edison and Shell on Friday asked U.S. energy regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana export plant.
Chevron's CEO Faces High-Stakes Battle Over Hess Acquisition
Chevron CEO Michael Wirth is facing a head-to-head match with Exxon Mobil with his $53 billion bid for Hess and its stake in oil hotspot Guyana, and could wind up trapped in a dispute between two of South America’s biggest energy rivals.
Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
TC Energy's Keystone oil pipeline resumed service on Thursday after going offline and temporarily restricting a major conduit of Canadian oil to the United States, which sent oil prices higher.
Enbridge Completes Acquisition of EOG from Dominion Energy, Expanding Gas Utility Portfolio
Enbridge Inc. announced the closing of its acquisition of The East Ohio Gas Company (EOG) from Dominion Energy, Inc. The gas utility will be doing business as Enbridge Gas Ohio and will join Enbridge's Gas Distribution and Storage Business Unit.
Citgo's Quarterly Net Profit Plummets 81% on Plant Outages, Margin Decline
Venezuela-owned oil refiner Citgo Petroleum on Thursday reported fourth quarter net profit fell 81% to $154 million, from $806 million a year ago, on plant outages and weaker margins.
TC Energy's Keystone Oil Pipeline Offline Due to Operational Issues
TC Energy's Keystone oil pipeline went offline due to operational issues, sources said on Thursday, cutting off a major conduit of Canadian oil to the United States and sending oil prices higher.
U.S. Democrats Urge Antitrust Probe into Oil, Gas Mergers
Nearly 50 Democrats in the U.S. Congress on Wednesday urged the Federal Trade Commission to probe oil and gas company deals and expand current investigations to protect consumers and industry competition.
Hess Reassesses Chevron's $53 Billion Merger Timeline Amid Exxon's Bid
U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron, after oil major Exxon Mobil signaled a potential counter offer for Hess's Guyana assets.
U.S. Natural Gas Prices Steady Ahead of Federal Storage Report
U.S. natural gas futures were little changed on Thursday as the market waited for direction from a federal report expected to show a much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.
IEA Forecasts Well-Supplied Oil Market in 2024 Despite Demand Slowdown
The global oil market is relatively well supplied with demand growth slowing, while supply is increasing from the Americas, the head of the International Energy Agency's (IEA) oil markets and industry division told Reuters on Thursday.
Xcel Energy Says Its Facilities Likely Started Texas Fire, Faces Negligence Allegations
The Minneapolis-based utility, which provides power and natural gas to parts of Texas and seven other U.S. states, disputed "claims that it acted negligently in maintaining and operating its infrastructure."
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- U.S. House Passes Bill to Reverse Biden's LNG Pause
- Mexico Orders Seizure of Hydrogen Plant at Pemex Oil Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- MEG Energy Confirms Trans Mountain Pipeline Expansion to Begin Line Fill in April