Regions
Mexico's Pemex, Billionaire Carlos Slim Renegotiate Lakach Gas Deal
Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources familiar with the matter told Reuters.
Global News February 2025
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
Construction Report: Trump Policies, Thirst for LNG Could Bolster Expansion
While the global thirst for LNG continues to drive pipeline construction globally, the real questions for the new year concern a second Donald Trump presidency in the United States. Early analysis from those in the industry suggest the change of administration will be good for midstream.
ONEOK Completes EnLink Midstream Acquisition, Expands Value Chain
ONEOK Inc. has completed its acquisition of EnLink Midstream LLC, strengthening its integrated midstream operations and diversifying its platform. The transaction was approved by EnLink unitholders at a special meeting on Jan. 30.
Ukraine Gas Transit Dispute Escalates as Hungary Threatens EU Sanctions Block
A row over the end of Russian gas flows via Ukraine has intensified as Hungarian Prime Minister Viktor Orban threatened to block the next rollover of EU sanctions against Russia unless Brussels helps to achieve a restart of supply.
Japan Considers Backing 800-Mile Alaska LNG Pipeline to Strengthen U.S. Ties
Japan has doubts about the viability of the proposed 800-mile pipeline because of the overall costs of the gas relative to other sources. But it is prepared to offer to explore a deal if asked, the officials said.
Nigeria's NNPC, Partners to Build Five Mini-LNG Plants for Domestic Gas Supply
State-owned Nigerian National Petroleum Company (NNPC) has begun construction of five mini-LNG plants as part of government efforts to drive economic growth and boost gas usage, a company spokesperson said late on Thursday.
Japan's Energy Security to Benefit from Increased U.S. LNG, JERA Says
Japan's energy security will benefit from U.S. President Donald Trump's push to increase LNG production, an executive at JERA, Japan's top LNG buyer, said on Friday, while allowing the company to diversify its suppliers.
Moldova to Send First Gas Shipment to Transdniestria Since December
Moldova on Saturday will send 3 million cubic meters of gas to its separatist enclave Transdniestria, the first fuel supply to the area since end-December, when gas transit through Ukraine was halted, a Moldovan industry official said on Friday.
Changes Underfoot in the Appalachian Basin
Local and regional leaders in the oil and natural gas industry continue to see great potential for growth in the Marcellus Shale and Utica Shale formations of the Appalachian Basin.
Baker Hughes Secures LNG Equipment, Services Deal for Venture Global's U.S. Projects
Oilfield services provider Baker Hughes has signed an agreement with Venture Global to support its liquefied natural gas (LNG) projects in the United States with technology and equipment.
Valero Exceeds Q4 Estimates Despite 77% Profit Drop
Refiner Valero Energy beat fourth-quarter profit and revenue estimates on Thursday, helped by lower costs and steady output.
German LNG Terminal Fears Price Undercutting by State Rival
Private German liquefied natural gas (LNG) terminal operator Deutsche ReGas says the potentially lower prices offered by state-owned Deutsche Energy Terminal to attract buyers are a threat to its business.
Enterprise, ONEOK Extend Fee Waiver for Midland WTI Transfers Through 2028
Enterprise Products Partners and ONEOK Inc. have extended their fee waiver for crude oil transfers between the Enterprise Crude Houston (ECHO) and ONEOK East Houston (MEH) terminals through Dec. 31, 2028.
Venture Global Nears Completion of Calcasieu Pass Power Plant Repairs
Venture Global LNG could finish power generator repairs by the end of February, a federal inspection report said on Wednesday, potentially clearing the way for the almost three-year commissioning of the Calcasieu Pass LNG plant to reach completion.
Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
A New York court has ruled in favor of Energy Transfer, rejecting fraud and breach of contract claims brought by Goldman Sachs and Canadian investors. The plaintiffs had sought $150 million in damages, plus interest, from an affiliate of the Dallas-based energy giant.
Natural Gas Electricity Generation in Pennsylvania Doubles in 10 Years, EIA Reports
Electricity generation using natural gas has more than doubled in Pennsylvania since 2013, driven by a shift toward clean energy, the U.S. Energy Information Administration (EIA) said on Wednesday.
Slovakia's Fico to Hold Talks with EU Commission on Gas Transit
Slovakia's Prime Minister Robert Fico, who has sought the resumption of Russian gas transit through Ukraine, will discuss the issue with European Commission officials on Thursday, his office said on Tuesday.
Chevron to Build Gas Plants for AI Data Centers Amid Energy Boom
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.
Mexico Plans to Double Gas Storage Capacity Amid Trump Supply Fears
Mexico's government is looking to speed up plans to double its strategic natural gas storage capacity amid concern that U.S. President Donald Trump could use the country's dependence on U.S. gas as some form of leverage, three sources familiar with the matter said.
Venture Global Approved to Introduce Gas at Plaquemines LNG as Output Grows
Federal regulators on Tuesday gave Venture Global LNG permission to introduce natural gas into the seventh block of its Plaquemines plant in Louisiana as the company continues to ramp up production of the superchilled gas.
Russia Focusing on Domestic Gas Pipelines Network for Now
Russia plans to complete unification of its gas pipelines system within the next several years with the aim to ensure stable gas supplies within the country and to stimulate domestic gas consumption.
NFE's Mexico LNG Plant Operating 20% Above Capacity, Company Says
A floating liquefied natural gas (LNG) plant operated by U.S. energy firm New Fortress Energy off Mexico's coast is producing at 20% above its capacity, and the company has shipped nine cargoes from the facility since August, it said on Tuesday.
Snam to Sell Stake in ADNOC Gas Pipelines to Abu Dhabi’s Lunate Investment Fund
ADNOC Gas Pipelines has lease rights to 38 pipelines covering a total of 982 kilometers (610 miles) across the United Arab Emirates.
Stonehenge, UGI Complete $120 Million Acquisition of Pennsylvania Gas Gathering Systems
Superior Appalachian operates three natural gas gathering systems in Pennsylvania—Pittsburgh Mills, Snow Shoe, and Brookfield. These systems collectively handle approximately 190 million cubic feet of natural gas per day.
CNX Finalizes $505 Million Acquisition of Apex Energy Assets in Appalachian Basin
CNX Resources Corp. has completed its $505 million acquisition of Apex Energy II LLC’s natural gas upstream and midstream assets in the Appalachian Basin.
Petronas to Decommission 310-Mile Sabah-Sarawak Gas Pipeline
Malaysia's Petronas will decommission the Sabah-Sarawak gas pipeline, the state energy firm said on Tuesday in its activity outlook report.
Freeport LNG Restores Texas Plant Operations After Power Outage
Freeport LNG on Monday said its plant at Quintana Island, Texas, returned to full operations following an outage last week caused by unstable power from its provider Center Point Energy.
For Midstream, Welcome Trump Regulatory Changes Afoot
Last July 24, the five commissioners of the Federal Energy Regulatory Commission (FERC) journeyed up to the House Energy and Commerce Committee for what could have been a difficult hearing. The committee was controlled by Republicans.
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.
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
