Business & Markets
U.S. Greenlights $5 Billion Loan for TotalEnergies’ Mozambique LNG Project
The board of the U.S. Export-Import Bank approved a nearly $5 billion loan for a long-delayed LNG project in Mozambique, clearing a key hurdle to restarting the project under development by French oil major TotalEnergies.
Mexican Tycoon Carlos Slim Expands Energy Influence with Talks to Back Pemex Oil, Gas Projects
Mexican state energy company Pemex is in talks with Carlos Slim which could see the billionaire tycoon help bankroll two of the country's most promising crude oil and natural gas fields, sources familiar with the matter told Reuters.
Argentina Approves Funding for YPF’s Vaca Muerta Pipeline
Argentina has allowed state oil firm YPF to join a stimulus program unlocking government funds for a pipeline project from the massive Vaca Muerta shale formation to a port in the Patagonian province of Rio Negro, Economy Minister Luis Caputo said on Friday.
Trump, Hochul to Discuss Reviving Constitution Gas Pipeline
President Trump and New York Governor Kathy Hochul are set to meet to discuss energy policy, including the possible revival of the Constitution gas pipeline. The project, canceled in 2020 due to opposition, could be back on the table as Trump pushes for lower energy prices in the Northeast.
8 Rivers, Wood Advance Wyoming Carbon Capture Project
8 Rivers Capital has selected Wood to conduct preliminary engineering for a proposed carbon capture project in Wyoming, developed in partnership with PacifiCorp.
Gibson, Baytex Partner on Pembina Duvernay Infrastructure Deal
Gibson Energy and Baytex Energy have formed a strategic partnership to develop midstream infrastructure in the Pembina Duvernay, securing a long-term take-or-pay agreement.
CERAWeek: Canada May Curb Oil Exports to U.S. if Trump Trade War Intensifies
Canada could impose non-tariff measures such as restricting its oil exports to the United States or levying export duties on products if a trade dispute with the U.S. escalates further, Canada's energy minister Jonathan Wilkinson said on Tuesday.
Musk's Layoffs Shrink Workforce Needed for Trump's Energy Dominance Agenda
Mass federal layoffs are slowing energy project approvals, threatening President Trump’s ‘Drill, Baby, Drill’ agenda. With key agencies like BLM and BOEM losing staff, oil and gas permitting is backlogged, raising concerns from industry leaders and lawmakers. Could job cuts derail America’s energy dominance?
Wildcat Expanding Terminal Transporting Crude from Uinta to Gulf Coast
Wildcat Midstream is expanding its Helper, Utah, terminal to boost exports of Uinta Basin's yellow and black wax crude oil to the U.S. Gulf Coast.
Texas LNG Targets Final Investment Decision by December
Glenfarne Energy Transition expects to make a final investment decision on its Texas LNG project by December, CEO Brendan Duval said on Wednesday.
Argentina to Rely on Single LNG Import Terminal This Winter, Excelerate Says
Argentina has not requested an additional floating regasification plant from Excelerate Energy for the winter to come, a company executive said, as the South American country plans lower imports of liquefied natural gas this year.
CPC Blend Oil Loadings Rise 24% in February via Black Sea Terminal
CPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal rose by some 24% in February from January to 1.68 million barrels per day (bpd), Reuters calculations showed.
Qatar to Supply Gas to Syria Through Jordan with U.S. Approval, Sources Say
Qatar is set to provide Syria with gas via Jordan to improve the nation's meagre electricity supply and boost Syria's new rulers, according to three people familiar with the matter, in a move that a U.S. official said had Washington's approval.
Williams CEO: Pipeline Permitting Costs Twice the Price of Steel, Calls for ‘Common Sense’ Reform
Williams CEO Alan Armstrong warns that permitting costs for pipeline projects have doubled pipeline construction expenses, calling for "common sense" energy reform to address regulatory hurdles delaying critical infrastructure.
TC Energy Sees U.S. as Best Bet for Investment Despite Tariff Fight with Canada
The CEO of Canadian pipeline company TC Energy Corp. said it continues to favor the U.S. over Canada when it comes to capital investment, even as trade tensions between the two countries escalate.
Cheniere Wins FERC Approval for Texas LNG Expansion
U.S. regulators have approved the expansion of Cheniere Energy's Corpus Christi liquefied natural gas plant in Texas, a Cheniere executive said on Tuesday.
PGN Taps LNG from Export Contracts to Supply Indonesian Market
Perusahaan Gas Negara (PGN), a unit of Indonesian state-owned oil and gas company Pertamina, said it will buy some LNG cargoes that were contracted for export to meet domestic demand, the company's chief executive said on Wednesday.
Egypt to Lease German Floating LNG Unit to Offset Gas Decline
Egypt, which has struggled with declining domestic gas production, plans to lease a German floating gas liquefaction unit, the Egyptian petroleum ministry said in a statement on Tuesday.
Ukraine Eyes U.S. LNG Imports as Gas Needs Grow
Ukraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles with the impact of Russian attacks on its infrastructure.
Panama Canal Considers Pipeline to Move U.S. Gas to Asia
The Panama Canal is exploring the construction of a pipeline to move liquefied petroleum gas (LPG) across the trade passage, canal administrator Ricaurte Vasquez said on Monday, with Japan seen as a top potential client for gas coming from the U.S.
Baker Hughes to Supply Gas Turbines, Compressors for Rio Grande LNG
Baker Hughes and NextDecade Corp. have signed a framework agreement for the expansion of the Rio Grande LNG facility, with Baker Hughes supplying gas turbines and refrigerant compressors for Trains 4 through 8.
Archrock to Acquire Natural Gas Compression Systems in $357 Million Deal
Archrock Inc. is set to acquire Natural Gas Compression Systems Inc. (NGCSI) in a cash and stock deal valued at $357 million, strengthening its position in the natural gas compression market.
Kazakhstan Hasn’t Delivered March Oil, CPC Export Cuts, Sources Say
Kazakhstan has yet to deliver its announced oil output and CPC Blend export cuts through the Caspian Pipeline Consortium (CPC), its main exporting route, five industry sources said.
Woodside May Delay Final Investment Decision on Louisiana LNG to Q2, CEO Says
Australia's Woodside LNG may push a final investment decision on its Louisiana LNG plant into the second quarter of 2025 as talks to sell half of the project drag on, CEO Meg O'Neill told Reuters on Monday.
Commonwealth LNG Sees Buyer Interest Surge After U.S. Export Approval
Commonwealth LNG has seen an increase in interest from prospective buyers since it secured an export license from the administration of U.S. President Donald Trump last month, the project's owner said on Monday.
Italy Approves Italgas' $5.8 Billion 2i Rete Gas Deal with Conditions
Italy's antitrust has conditionally approved the acquisition of 2i Rete Gas by domestic rival Italgas, the largest gas distributor in Europe, the authority said on Tuesday
ARC Resources Signs Long-Term LNG Supply Deal with Exxon
ExxonMobil LNG Asia Pacific will purchase all of ARC's LNG offtake from the Cedar LNG project, representing about 1.5 million tonnes per annum, at international LNG pricing, ARC said.
After U.S. Blocks Iraq-Iran Power Trade, Baghdad Turns to Qatar, Oman for Gas Supply
After the U.S. blocked Iraq's imports of electricity from Iran, Baghdad is seeking alternative gas supplies from Qatar and Oman to mitigate potential energy shortages.
Trump Administration Pushes to Cancel Oil Reserve Sales, Boost Small Nuclear Power
U.S. Energy Secretary Chris Wright plans to work with Congress to cancel previously mandated oil reserve sales to address low stockpiles, while also pushing for support of small modular reactors and the Alaska LNG project as part of the Trump administration's energy strategy.
Gasoline Shippers Clash with Colonial Pipeline Over Proposed Fuel Shipping Changes
Gasoline shippers are preparing legal challenges against Colonial Pipeline over proposed changes to shipping terms that could raise fuel prices and hurt margins. The dispute centers on the pipeline's plan to alter gasoline grades and blending practices, potentially limiting supply and increasing costs.
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
