TC Energy raised its full-year core profit forecast, citing higher natural gas and power demand and stronger performance across its North American pipeline network. Quarterly revenue rose 12% to $2.7 billion.
The U.S. Supreme Court will review Enbridge’s attempt to move Michigan’s Line 5 pipeline case from state to federal court. The outcome could set a precedent for venue disputes in future pipeline litigation.
Mitsubishi Corp. is in talks to acquire Aethon Energy’s U.S. shale and pipeline assets for $8 billion, potentially expanding its natural gas footprint near the Gulf Coast and adding over 1,400 miles of pipelines.
Despite fast-tracked approvals under the Trump administration, pipeline firms like Energy Transfer, Kinder Morgan and Williams are prioritizing M&A deals over new builds.
Tallgrass secures anchor shippers for a proposed Permian-to-Rockies pipeline, aiming to move up to 2.4 Bcf/d of natural gas by late 2028 and link into its decarbonization network.
NGPL, one of the largest interstate natural gas pipeline networks in the U.S., spans nine states with approximately 9,100 miles of pipeline, one million horsepower in compression, and 288 billion cubic feet of storage.
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 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.
NGL Energy Partners has completed $270 million in non-core asset sales, including NGL terminals, refined products, and crude railcars, to pay down debt and strengthen its balance sheet.
Williams announced a leadership transition, with CEO Alan Armstrong moving to Executive Chairman and Chad Zamarin named as the company’s new CEO, effective July 1, 2025.
Enbridge’s Line 5 tunnel project is advancing toward a key milestone, with the U.S. Army Corps of Engineers targeting a fall decision on the project’s permit following a public comment period set for late May.
TC Energy approved its $900 million Northwoods expansion project to add 0.4 Bcf/d of natural gas capacity in the U.S. Midwest by 2029. The project will meet growing demand from power generation and data centers and is backed by a 20-year contract.
INGAA President Amy Andryszak urged Congress to reform permitting laws that are delaying natural gas pipeline projects, citing growing energy demand and challenges posed by duplicative reviews and litigation.
ONEOK reported a slight dip in first-quarter profit due to higher costs, but core pipeline and NGL segments saw gains from recent acquisitions, including EnLink and Medallion.
TC Energy expects a major increase in gas infrastructure projects in late 2025 and 2026, driven by North America's coal-to-gas shift, rising power demand and LNG growth opportunities.
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