Regions
Aramco to Secure 6.2 Million Tons of U.S. LNG via NextDecade, Sempra Deals
Saudi Aramco will sign MoUs with U.S. LNG producers NextDecade and Sempra for 6.2 million tons of LNG supply, part of its broader push into the natural gas market and U.S. energy investments.
Oando Restores Crude Pipeline Operations in Nigeria After Multiple Spills
Nigerian oil firm Oando has completed repairs on its Bayelsa state pipeline after four sabotage-related oil spills. The company shut down affected wells and plans future upgrades to reduce risk.
U.S. Carbon Capture JV Launches Backed by $500 Million Investment
BKV Corp. and Copenhagen Infrastructure Partners formed a $500 million joint venture to develop carbon capture projects in the U.S., starting with Barnett Zero and Eagle Ford.
Iran Expands Gas Network by 265 Miles in a Year
Iran added 265 miles of new gas pipelines and launched major compressor stations and infrastructure projects last year to expand its national gas transmission system and support future exports.
MPLX Acquires Whiptail Midstream’s San Juan Basin Assets for $237 Million
MPLX has acquired Whiptail Midstream’s San Juan Basin gathering systems for $237 million, expanding its oil, gas, and water infrastructure footprint in the Gallup oil play.
Italy’s Eni Supplied Russian Gas to Turkey Last Year Despite EU Shift
Italy’s Eni confirmed it delivered 6.2 billion cubic meters of Russian gas to Turkey in 2024 via the Blue Stream pipeline, despite halting Russian gas sales in Europe after the Ukraine invasion.
Egypt Secures 10-Year Floating LNG Terminal Deal with Hoegh Evi
Norway’s Hoegh Evi has signed a 10-year agreement with Egypt’s EGAS to supply a floating LNG terminal by late 2026, as Egypt faces growing gas shortages and seeks to boost LNG import capacity.
U.S. House Bill Seeks $1.5 Billion to Refill Strategic Petroleum Reserve
A U.S. House budget bill proposes over $1.5 billion to replenish and maintain the Strategic Petroleum Reserve and cancels a planned oil sale, aiming to rebuild the emergency crude stockpile.
Norway’s Statkraft Halts New Green Hydrogen Developments on Cost, Market Concerns
Norway's Statkraft has stopped developing new green hydrogen projects, citing rising costs, market uncertainty, and lack of regulatory clarity. The utility reported a Q1 earnings drop due to lower power prices.
Exxon to Supply Marubeni with Low-Carbon Ammonia from Baytown Hydrogen Project
Exxon Mobil signed its first customer agreement for its planned Baytown hydrogen facility, agreeing to supply Marubeni with 250,000 metric tons of low-carbon ammonia annually. The deal is contingent on a final investment decision expected in 2025.
China’s April Crude Imports Rise 7.5% on Iran, Russia Supply Surge
China imported 11.69 million bpd of crude oil in April, up 7.5% year-over-year, led by strong deliveries from Iran and Russia. Stockpiling during refinery maintenance and discounted sanctioned barrels supported the increase.
Democratic States Sue to Block Trump’s National 'Energy Emergency'
Fifteen Democratic state attorneys general have sued to block President Trump’s national energy emergency order, arguing it unlawfully bypasses environmental reviews to fast-track energy project permits.
U.S. Oilfield Giants Brace for Tough Times as Price Slide Rattles Producers
Top U.S. oilfield firms SLB, Halliburton, and Baker Hughes brace for a downturn as falling oil prices force producers to cut drilling budgets and scale back activity, particularly in North America.
U.S. Regulators Recommend Approval for Venture Global’s CP2 LNG Project
Venture Global’s proposed CP2 LNG project in Louisiana received a favorable final environmental review from U.S. regulators, paving the way for potential approval of what could become the largest LNG export facility in the country.
Spain’s U.S. LNG Imports Double, Replace Russian Supply
Spain's LNG imports from the U.S. surged to 35% of total gas supply in the first four months of 2025, overtaking Algeria and replacing Russian gas, according to Enagas data.
Enbridge Targets 2028-29 for Deepwater Pipeline Startups, Eyes Gulf Coast Storage Expansion
Enbridge is targeting startup of its Canyon and Sparta offshore pipelines by 2028-29 and evaluating 24 Bcf of expansion potential at its Gulf Coast gas storage sites to strengthen LNG export connectivity.
Russia, China in Talks on Power of Siberia 2 Pipeline Agreement
Russia and China are advancing talks on the proposed Power of Siberia 2 gas pipeline, which would deliver 50 bcm of Russian gas annually via Mongolia. A deal remains under negotiation, Russian officials said.
U.S. NGL Exports Hit Record High Despite China Trade Disruption
U.S. exports of natural gas liquids hit a record high in April despite reduced shipments to China, as global buyers including India and Brazil boosted imports amid shifting trade flows.
Mexico's Pemex Reports Leaks on Oil Pipeline Supplying Dos Bocas Terminal
Pemex reported and addressed leaks on an oil pipeline transporting crude from its Akal-C platform to the Dos Bocas terminal in Tabasco, Mexico, with cleanup underway and operations set to resume.
Freedom CNG Acquires X3CNG, Lancer Energy to Expand Western RNG Footprint
Freedom CNG expanded its Western U.S. renewable fuel network with the acquisitions of Colorado-based X3CNG and Utah-based Lancer Energy, enhancing its CNG and RNG fueling capabilities.
Global Energy Exports Slide as Trade Risks Weigh on Oil and Fuel Demand
Global oil, LNG and fuel exports slowed in early 2025 as rising trade tensions and tariffs disrupt flows, pressuring demand across major import markets and raising risks for energy exporters.
Romania's OMV Petrom Strikes Deal to Supply Quarter of Moldova’s Gas Demand
OMV Petrom signed a deal to supply 25% of Moldova’s annual gas needs starting in 2027, strengthening Moldova’s energy security as the country moves away from Russian gas dependency.
LNG Exporters Fight Trump Rule Mandating U.S.-Built Tankers
LNG exporters are pushing back against a Trump administration rule requiring U.S.-built tankers for LNG shipments, warning the mandate could disrupt exports amid limited shipbuilding capacity.
Uruguay’s Ancap to Launch Natural Hydrogen Bid Round by Year-End
Uruguay’s Ancap plans to launch a bidding round for natural hydrogen exploration and development by year-end, with offers expected in 2026, while also eyeing a future carbon capture bid round.
Enbridge, I Squared, MPLX to Acquire Up to 85% Stake in Matterhorn Gas Pipeline
I Squared, Enbridge and MPLX have agreed to acquire up to 85% interest in the Matterhorn Express gas pipeline, which carries Permian Basin gas to Houston, marking a major midstream infrastructure deal.
Energy Transfer Nears FID on Lake Charles LNG Project After Signing Buyer
Energy Transfer moved closer to sanctioning its Lake Charles LNG export project after securing a key Japanese buyer, boosting committed sales to 10.5 MTPA as it targets a final investment decision by year-end.
TurkStream Gas Pipeline Could Slow EU, Russia Decoupling
TurkStream pipeline gas flows are rising, posing a challenge to the EU’s roadmap to phase out Russian gas by 2027. Southeast Europe’s growing reliance on the pipeline risks undermining European energy diversification efforts.
U.S. Natural Gas Prices Rise 4% as Freeport LNG Restarts, Production Falls
U.S. natural gas prices rose 4% after Freeport LNG restarted operations and production fell, tightening supply amid spring maintenance and lower output. Analysts expect mild weather to ease demand while LNG exports remain steady.
Tidewater Midstream to Acquire Segment of Pembina's Western Pipeline System
Tidewater Midstream is acquiring a segment of Pembina Pipeline's 234-mile Western pipeline system in British Columbia, Tidewater announced on May 6. The deal secures long-term access to crude for the Prince George Refinery and is expected to close by September.
Nigeria’s Renaissance Halts Oil Production After Pipeline Spill
Nigeria’s Renaissance Africa Energy has halted oil production after a spill on the Okordia-Rumuekpe pipeline, with initial reports citing possible vandalism in the oil-rich Niger Delta.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- Traverse Pipeline Approved to Move 1.75 Bcf/d of Gas Along 160-Mile South Texas–Katy Route
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- DOE Considers Cutting Over $1.2 Billion in Carbon Capture Project Funding
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Newsom Seeks to Aid Struggling Refiners Following Valero’s California Exit
