North America

EIA Projects Rising U.S. Natural Gas Prices Amid Growing LNG Demand

The U.S. Energy Information Administration (EIA) expects wholesale natural gas prices to rise in 2025 and 2026 as demand outpaces supply, largely driven by increased exports from liquefied natural gas (LNG) facilities.

U.S. LNG Production Growth Expected to Aid India, Says Petronet LNG CEO

An increase in LNG production in the United States after President Donald Trump ended a moratorium on new export permits should benefit consuming nations like India, the chief executive of the country's top gas importer said on Monday.

Diversified Energy Strikes $1.3 Billion Deal for Maverick in Permian Basin Expansion

U.S.-based Diversified Energy said on Monday it will buy private equity-owned Maverick Natural Resources for $1.28 billion, including debt, to expand into the oil and gas-rich Permian Basin, sending its shares up 4.3%.

FERC Reinstates Certificate for Williams' Transco Pipeline's Expansion Project

The U.S. energy regulator has reinstated the certificate for Williams Companies' Transcontinental Gas Pipe Line (Transco) on Friday, the company said on Monday, which would allow the expansion of the project.

Former Golden Pass LNG Contractor Zachry Set to Emerge From Bankruptcy by March

The Texas construction contractor that last year quit the Golden Pass liquefied natural gas plant project, a joint venture between QatarEnergy and Exxon Mobil, could exit Chapter 11 bankruptcy before April, the company said on Jan. 24.

Louisiana’s Argent LNG Inks Deal to Supply 5 Million Tons of LNG Annually to Bangladesh

Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a deal with the government of Bangladesh to purchase up to 5 million metric tons of LNG annually.

Emerson’s Natural Gas Metering Systems: Accuracy and Efficiency Delivered

Discover reliability with our Emerson Natural Gas Metering System, a comprehensive solution designed to ensure accuracy, reliability, and efficiency in natural gas measurement.

Blackstone to Acquire Virginia Natural Gas-Fired Power Plant for $1 Billion

Blackstone Energy Transition Partners has agreed to buy the 774-megawatt natural gas-fired power plant in Loudoun County in northern Virginia, according to a statement.

Revisiting the Biggest Midstream Stories of 2024

(P&GJ) – In this final issue of P&GJ for 2024, the staff – with more than a little help from our readers – takes a look back at the sometimes-frenzied year for pipeline construction that was 2024.

U.S. Renewable Leader NextEra Energy to Develop Gas-Fired Power for AI

The world's largest renewable power company, NextEra Energy, is partnering with GE Vernova to develop natural gas-fired power generation projects across the United States that will mainly feed AI data centers and other large electricity users, NextEra said on Friday.

U.S. Natural Gas Prices Steady as Market Waits for Federal Storage Report

U.S. natural gas futures held steady as the market waited for direction from a federal report expected to show utilities pulled more gas from storage than usual to heat homes and businesses during extreme cold weather last week.

Crews Extinguish Kinder Morgan Pipeline Fire in Wharton County

The affected segment of the Tennessee Gas Pipeline was promptly isolated and shut down. According to the company, the fire was fully extinguished, and all personnel were accounted for.

Oil Prices Drop as Trump's Energy Emergency Sparks Doubts Over SPR Refill Plans

Oil prices fell on Tuesday after U.S. President Donald Trump declared a national energy emergency on his first day in office, raising concerns of higher U.S. output in a market widely expected to be oversupplied this year.

New Fortress Energy, Energiza Partner on Puerto Rico Gas Supply Deal

New Fortress Energy said on Wednesday it signed an agreement with Energiza to supply natural gas to a 478-megawatt combined-cycle power plant being developed in San Juan, Puerto Rico.

LNG Developers in Texas and Louisiana Praise Export Freeze Lift

Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.

Freeport LNG in Texas Nearing Full Operations as Gas Flows Recover From Outage

Natural gas flows to Freeport LNG's export plant in Texas were set to rise on Thursday after a power problem during a winter storm forced it to shut on Tuesday, data from LSEG and energy traders showed.

Kinder Morgan’s 216-Mile Trident Pipeline Progresses as Q4 Profit Hit by Crude Slowdown

Kinder Morgan is moving forward with the 216-mile Trident pipeline to boost gas capacity near Port Arthur, Texas, as lower crude volumes weigh on Q4 profits.

Freeport LNG Shutdown in Texas to Continue Amid Power Issues

U.S. liquefied natural gas company Freeport LNG said on Wednesday it closed its export plant in Texas on Tuesday due to a power feed problem during a winter storm and will keep it shut until power supply stabilizes.

Venture Global LNG Lowers IPO Valuation Target to $65.3 Billion

Venture Global LNG on Wednesday slashed the valuation it sought from a U.S. initial public offering to $65.33 billion, significantly lower than the initial target of $110 billion.

INGAA Foundation Names Boardwalk’s Kim Tarr Chair, Evraz’s Dave Coffin Vice Chair

The INGAA Foundation Board of Directors has elected Kim Tarr, Vice President of Field Operations at Boardwalk Pipelines, as chair and Dave Coffin, Chief Commercial Officer for Evraz Inc. North America, as vice chair for a one-year term.

Trump Lifts Biden’s Freeze On Liquefied Natural Gas Exports

President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies.

Texas Ports Suspend Operations as Winter Storm Hits Gulf Coast

Port Freeport on Tuesday said it expects limited vessel activity due to cold weather conditions in the Texas Gulf Coast area amid winter storm Enzo.

Vecino, DRW to Develop South Texas Gas Storage, 40-Mile Pipeline to Agua Dulce

Vecino Energy Partners and DRW Energy Trading have partnered to develop the Piedras Pintas Salt Dome in Duval County, Texas, aiming to bolster natural gas storage capacity and connectivity in South Texas.

Infinity Natural Targets $1.2 Billion Valuation Amid Energy IPO Surge

Founded in 2017, the company has oil and natural gas assets in the Appalachian Basin in the United States. Its net income more than doubled in the first nine months of 2024, compared with a year earlier.

Trump Administration Must State Its Position on Climate and Energy

In a speech to announce the U.S.’s Fifth Climate Assessment on Nov. 14, 2023—a report that was compiled by more than 700 climate scientists and thousands of contributors— President Joe Biden stated that the greatest existential threat to the U.S. and humanity is the “climate crisis.”

U.S. Natural Gas Demand Poised to Hit Record Amid Extreme Cold

U.S. natural gas demand is on track to reach a record high on Tuesday, as extreme cold hits much of the U.S., stressing power grids and some oil and gas operations.

Report: Trump to Declare 'National Energy Emergency'

President-elect Donald Trump said on Monday he will declare a national energy emergency aimed at boosting U.S. oil and gas production and lowering costs for U.S. consumers.

PHMSA Modernizes Methane Detection Rules for Gas Pipelines

The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has introduced a final rule aimed at modernizing leak detection and repair requirements for natural gas pipelines.

Trump to Exit Paris Climate Accord Again, White House Confirms

The decision would place the United States alongside Iran, Libya and Yemen as the only countries in the world outside the 2015 pact, in which governments agreed to limit global warming to 1.5 degrees Celsius above pre-industrial levels to avoid the worst impacts of climate change.

Cold Weather Shuts Down 12% of North Dakota Oil Output

North Dakota's oil production was estimated to be down by between 125,000 barrels per day (bpd) and 150,000 bpd due to extreme cold weather and related operational challenges, the state's pipeline authority said on Monday.