Venture Global’s CP2 LNG Project Cost Climbs $4 Billion to $33.5 Billion
Venture Global says construction costs for its CP2 LNG export project in Louisiana have risen by $4 billion, pushing the total expected investment above $33 billion.
Venture Global says construction costs for its CP2 LNG export project in Louisiana have risen by $4 billion, pushing the total expected investment above $33 billion.
U.S. natural gas futures climbed 6% to a three-week high as stronger demand forecasts and escalating Iran tensions pushed global energy prices higher.
South Bow has launched an open season seeking long-term shipper commitments as it evaluates reviving part of the Keystone XL pipeline, a move that could significantly boost Canadian crude exports to the United States.
LNG tankers are diverting toward Asia as buyers scramble for replacement cargoes following supply disruptions tied to the Middle East conflict and halted shipping through the Strait of Hormuz.
FERC has reaffirmed a rule eliminating delays that previously prevented construction of approved natural gas pipelines while rehearing requests were pending, a move aimed at speeding infrastructure development.
Natural gas from Northeast Natural Energy is now flowing into Hope Gas’s newly commissioned Morgantown Connector pipeline in West Virginia, strengthening regional supply and supporting growing energy demand.
As construction begins on a rerouted segment of Line 5 in Wisconsin, agreements allowing local law enforcement agencies to seek reimbursement for certain public safety costs are drawing attention. Here’s how the arrangement works and what it could mean for the project.
Kuwait and the UAE could soon reduce oil output as shipping disruptions in the Strait of Hormuz prevent crude exports and storage tanks begin to fill across Gulf production hubs.
D.C. regulators approved a reduced $150 million pipeline replacement program for Washington Gas while opening a new investigation into long-term natural gas distribution planning.
California Resources Corporation is preparing to begin CO₂ injection at its Elk Hills CCS project, positioning the facility to become California’s first operational carbon capture and storage development.
ONEOK reported lower fourth-quarter earnings after a 2024 pipeline network divestiture reduced profits in its natural gas transportation segment, even as other midstream units posted gains.
Congressional lawmakers reviewed legislation to reauthorize the PHMSA pipeline safety program for five years, outlining proposed regulatory changes and safety priorities for the nation’s 3.3 million miles of pipeline infrastructure.
Heavy crude prices in the Americas surged to multi-year highs as Middle East supply disruptions linked to the Iran conflict forced refiners to seek alternative barrels from the U.S., Canada and Venezuela.
Shipping through the Strait of Hormuz has stalled for a fifth day after a U.S. strike on an Iranian warship escalated tensions, leaving hundreds of oil and LNG tankers stranded and disrupting global energy flows.
Babcock & Wilcox has been cleared to deliver a $2.4 billion gas-fired power project that will supply electricity to Applied Digital’s expanding artificial intelligence data center campuses.
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