Germany's pipeline lobby group has proposed a new approach to gas storage, including a permanent national reserve, it said on Wednesday, in an effort to reduce the cost of building up an energy buffer ahead of the European winter.
NeuVentus opens non-binding open season for up to 20 Bcf of natural gas storage at its TRU Hub salt cavern project in Liberty County, Texas. Bids close June 27, 2025.
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.
Technip Energies has been awarded a detailed engineering contract for QatarEnergy LNG’s NFPS COMP 4 offshore compression project, advancing Qatar’s major natural gas expansion plans.
Equinor expects a tight European gas market this summer due to low storage levels and rising LNG demand, estimating 200–300 more cargoes will be needed compared to last year.
German gas storage operators are pushing back against a draft plan to align national storage targets with EU rules, warning that inconsistent fill level requirements could unfairly burden some sites and jeopardize winter supply security.
Wood Mackenzie’s 2050 Strategic Planning Outlook projects strong growth for North American natural gas markets, driven by LNG exports, power demand, and infrastructure expansion amid a shift to higher-cost supply.
Louisiana is emerging as a major Gulf Coast LNG hub under Trump-era energy policies, fueled by rising exports, new pipelines, and major investments in natural gas infrastructure.
NeuVentus received approval to develop 12 salt caverns for gas and liquids storage at its TRU Hub project in Liberty County, Texas. The facility will serve growing demand from LNG, data centers, and industrial users along the Gulf Coast.
FERC has approved Enstor’s plan to expand its Mississippi Hub gas storage facility, adding 33.5 Bcf of capacity by 2028 to support growing LNG and power generation demand in the Southeast.
ArcLight Capital Partners has signed definitive agreements to acquire equity interests in Kleen Energy Systems, a 620-megawatt natural gas-fired power plant in Connecticut, from Osaka Gas USA Corporation and Kyuden International Americas Inc.
Venture Global is preparing to start contract LNG deliveries from its Calcasieu Pass terminal, ending years of spot market sales during commissioning. The company plans to repeat its lucrative spot sales strategy at its new, larger Plaquemines LNG facility.
The agreement expands Baker Hughes' role in the Margham project. The company is already supplying its Integrated Compressor Line (ICL) units for gas storage, injection, and export.
Sixth Street has expanded its underground gas storage portfolio with the acquisition of Central Valley Gas Storage in California, operated by Caliche Development Partners.
The U.S. administration suggested this week the United States could help run and possibly own Ukraine's power plants and energy infrastructure as part of a ceasefire deal with Russia.
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