Occidental Petroleum beat fourth-quarter estimates as its midstream unit swung to profit, supported by stronger Permian gas transportation margins and lower crude transport costs.
Southern Co. increased its five-year capital plan to $81 billion as surging data center demand prompts expansion of natural gas-fired generation and large-load capacity across the Southeast.
Japan will finance a major Texas deepwater crude export terminal and what officials call the largest natural gas-fired power plant in history, marking the first projects under a $36 billion U.S. investment package.
Targa Resources topped fourth-quarter expectations as natural gas and NGL volumes climbed, while outlining major Permian processing and pipeline expansions set to drive midstream growth.
California, Colorado and Washington have filed suit against the Trump administration over frozen clean energy grants, including $1.2 billion allocated to California’s ARCHES hydrogen hub, raising questions about federal authority over energy infrastructure funding.
China has not imported U.S. LNG in a year amid renewed trade tensions, yet long-term supply contracts tied to Gulf Coast export terminals continue to move cargoes — largely redirected to Europe — underscoring the flexibility of the global LNG market.
Golden Pass LNG in Texas has increased natural gas feed volumes to 300 million cubic feet as the ExxonMobil and QatarEnergy project moves closer to producing its first LNG cargo.
EQT Corp. raised its natural gas production outlook and outlined $580–$640 million in infrastructure investments, including the Clarington Connector pipeline, after higher gas prices and LNG-driven demand boosted fourth-quarter profit.
Zeo Energy has signed a non-binding MOU with Creekstone Energy to develop 280 MW of baseload power for a Utah AI data center, combining solar generation and long-duration energy storage.
SM Energy has agreed to sell 61,000 net acres and 260 producing wells in South Texas to Caturus Energy for $950 million, with proceeds expected to reduce debt and strengthen its balance sheet.
Forza Pipeline LLC is defending its proposed 36-inch, 750,000 Dth/d Delaware Basin gas pipeline at FERC, arguing strong shipper support and continued Permian takeaway constraints tied to LNG demand.
Repair work remains underway in Washington County, Iowa, after a natural gas liquids pipeline operated by Enterprise Products Partners caught fire over the weekend. The cause of the explosion is under investigation.
Fermi America has received six Siemens SGT-800 gas turbines at the Port of Houston for its Texas-based Project Matador, advancing the first gigawatt of planned natural gas generation.
Kitsault Energy has proposed a dual crude oil and natural gas pipeline corridor from Dawson Creek to Observatory Inlet, targeting a new West Coast export terminal in British Columbia.
Evers & Sons has secured a Texas compressor station expansion project that will add six new units, increasing natural gas compression capacity and supporting regional throughput growth.
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