Natural Gas

Elliott Accepts Phillips 66's Performance Goals, CEO Lashier Says

Activist investor Elliott Investment Management has accepted the performance improvement plan that U.S. oil refiner Phillips 66 laid out to boost shareholder returns and share price, Chief Executive Mark Lashier said in an interview on Tuesday.

Enbridge to Form Natural Gas Supply Venture Connecting Permian and Gulf Coast

Canadian pipeline operator Enbridge said on Tuesday it would form a venture with I Squared Capital and pipeline firms WhiteWater and MPLX to connect Permian supplies to the U.S. Gulf Coast to tap into strong LNG demand for exports.

U.S. Gas Producers Optimistic Amidst Low Prices, Banking on LNG Expansion

Energy executives say they are looking past current ultra-cheap gas prices and betting on a coming wave of new LNG plants to lift demand — and prices — for the fuel.

Environmental Ruling Threatens Wyoming Oil and Gas Drilling Leases

The U.S. Bureau of Land Management did not adequately analyze the potential climate change and wildlife impacts of a major oil and gas lease sale covering roughly 120,000 acres of federal land in Wyoming, a U.S. judge has said.

Matador Completes Natural Gas Pipeline Connections in Delaware Basin

Matador Resources Company has announced the successful completion of natural gas pipeline connections between Pronto Midstream and San Mateo and between Pronto Midstream and Matador’s acreage obtained in the Advance acquisition.

Common Challenges with Field-Applied Liquid Epoxy Pipeline Coatings

Coatings are an incredibly important part of maintaining safe pipeline operations and asset integrity, including being a first line of defense against corrosion and corrosion-induced failures.

Under-the-Radar SEC Land Grab Foiled by Public Scrutiny

In the weeks ending the year 2023 and those starting the one, a stealth part of the Biden administration’s green agenda with ramifications for the oil patch was sliding under the radar of most major fossil fuel organizations.

Editor’s Notebook: Nord Stream’s $20 Billion Question

It has been more than two years since the attack on the Nord Stream pipelines and still nobody knows for sure who were the perpetrators – or if they do, they are not saying so publicly.

Coating Versatility Can Assist with Better Flow Efficiency

Corrosion control is an important factor when it comes to maintaining the integrity and safety of pipelines. Given the growing need for energy transportation it's crucial to shield pipelines from corrosion in order to ensure their longevity and prevent any leaks or failures.

U.S. Pipeline Firms Looking to Follow Biggest Customers into M&A Wave

U.S. energy pipeline and storage operators have spent two years watching the consolidation of oil and gas producers, and now they are gearing up for the merger wave to hit their sector, executives, investors, and analysts said.

Addressing Challenges in Carbon Capture, Storage Deployment

While the use of renewables, improved energy efficiency and electric vehicles are areas of focus, oil and natural gas will continue to be in demand for petrochemicals and fueling transportation by land, sea and air.

Protection in Renewal Biogas Systems for Increased Pipeline Reliability

Biogas is a renewable fuel generated through the anaerobic fermentation of organic matter. Biogas is a mixture of gases, mainly methane and carbon dioxide, accompanied by trace elements dependent on the feedstock and production method.

Summit Midstream Exits Utica Shale in $625 Million Deal with MPLX

Pipeline operator Summit Midstream Partners said on Friday it would sell its Utica assets to a unit of midstream company MPLX LP for about $625 million in cash.

INEOS Polymer Used to Create First Sustainable Gas Pipeline

INEOS said its bio-based high-density polyethylene (HDPE) has been used to create a fully sustainable gas pipeline. Installed by French gas utility operator GRDF, the pipeline only uses the low-carbon footprint polymer.

SilverBow Resources Shareholder Endorses Kimmeridge's $2.1 Billion Offer

SilverBow Resources shareholder Riposte Capital on Thursday backed Kimmeridge Energy Management's latest buyout offer that valued the U.S. oil and gas producer at close to $2.1 billion, including debt.

Suriname Urges Exxon and TotalEnergies to Unify Gas Projects

Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday.

Trinidad Pursues U.S. License for BP-Venezuela Gas Project Amid Sanctions

The government of Trinidad and Tobago has begun talks with the U.S. for a license that would allow the joint development of a natural gas project shared with Venezuela that also involves BP, Energy Minister Stuart Young said on Thursday.

Gas Pipeline Expansion Trends Shift: Intrastate Capacity Surpasses Interstate in 2023

In a significant shift, natural gas intrastate pipeline capacity outpaced interstate additions in the United States in 2023, according to data from the U.S. Energy Information Administration (EIA).

Williams Delays Louisiana Pipeline Project Amid Dispute with Competitor Energy Transfer

U.S. energy firm Williams Companies has delayed the completion of its Louisiana Energy Gateway natural gas pipeline project following a dispute with a rival, Williams CEO Alan Armstrong said on Wednesday at a conference.

Chevron CEO 'Surprised' by Exxon's Arbitration Filing Over Guyana Stake

Chevron was surprised when Exxon Mobil filed for arbitration over Chevron's plans to buy Hess's Guyana oilfield stake, Chevron CEO Michael Wirth said on Tuesday.

Williams Plans Expansion of Gas Pipeline Network in Virginia

Pipeline operator Williams Cos. is preparing for a major expansion of its pipeline network in the Southeastern United States. This expansion will increase the capacity of the Transcontinental pipeline network, which spans approximately 10,000 miles from Texas to New York.

Enstor Seeks FERC Approval to Double Capacity of Mississippi Hub Natural Gas Storage Facility

Enstor Gas LLC has submitted an application to FERC through its affiliate, Mississippi Hub LLC, for an expansion of its natural gas storage facility located in Simpson County, Mississippi.

Mitsubishi and Partners to Establish Coalition for Advancing Electric Natural Gas

Mitsubishi Corp. said on Tuesday it will form an international coalition with seven other firms including TotalEnergies and Tokyo Gas to support development and production of electric natural gas (e-NG).

Viridi Energy to Develop Renewable Natural Gas Facility in Maine

Viridi Energy said on Tuesday it has acquired a biosolids digester plant in Brunswick, Maine, as part of its plans to develop a facility to convert waste into renewable natural gas (RNG) in the state.

Pembina Receives Regulatory Approval to Acquire Enbridge's Interest in Joint Ventures

Pembina Pipeline said on Tuesday the Canadian Competition Bureau has approved its proposed $2.28 billion acquisition of Enbridge's interests in the Alliance, Aux Sable, and NRGreen joint ventures.

TotalEnergies Readies Port Arthur, Texas FCC for Restart

TotalEnergies was preparing on Friday to restart the gasoline-producing fluidic catalytic cracker (FCC) over the weekend at its 238,000 barrel-per-day Port Arthur, Texas refinery, said people familiar with plant operations.

Ukraine Declines Extension of Russian Gas Transit Deal

Ukraine said on Sunday it does not plan to prolong a five-year deal with Russia's Gazprom on the transit of Russian gas to Europe or to sign another one.

Oil Mergers, Clean Fuels Take Center Stage at Houston Energy Conference

Top oil executives and ministers descend on Houston this week for one of the world's biggest energy conferences emboldened by blockbuster mergers, stable oil prices and less pressure for a large-scale move to clean fuels.

New Foundation Chair Focusing on Boosting Strategic Plan

With safety being at the forefront of all things concerning pipeline projects, new INGAA Chair Sean Nicholson certainly comes well-equipped for his new role. In this exclusive interview with Pipeline & Gas Journal, Nicholson discusses his plans and priorities as the new chair of INGAA.

Reuniting EQT and Equitrans: Navigating a Volatile Gas Market

Gas producer EQT’s old management weathered an activist investor outcry, squeaked through an expensive deal, and spun off its pipeline division - only to be ejected by the executives they bought out.