Processing/LNG
Diversified Energy Closes $42 Million Summit Natural Resources Acquisition
Diversified Energy Company Plc has completed its acquisition of operated natural gas properties and midstream pipeline infrastructure from Summit Natural Resources.
Fugro Sees U.S. Hydrocarbon, LNG Projects Restart After Trump Election
Dutch geological data specialist Fugro has restarted multiple projects in the U.S. hydrocarbon and LNG sectors since Donald Trump's election and is optimistic about offshore wind development in Asia and Europe, its CEO told Reuters on Friday.
MPLX to Acquire Full Ownership of 425-Mile BANGL Pipeline in $715 Million Deal
MPLX is acquiring the remaining 55% stake in the 425-mile BANGL pipeline for $715 million, expanding its Permian footprint and securing full ownership of a key natural gas liquids transport system. The pipeline’s capacity is set to increase to 300,000 bpd next year, supporting MPLX’s upcoming Gulf Coast fractionation complex.
ONEOK Pipeline Expansion Projects, NGL Fractionator Completed
ONEOK Inc., completed the MB-6, a 125,000-bpd NGL fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL Pipeline system.
Spain's Endesa Faces New LNG Arbitration Over Price Dispute
Spanish power utility Endesa is facing a new arbitration related to a price review of a long-term liquefied natural gas (LNG) supply contract, Chief Financial Officer Marco Palermo said on Thursday.
Possible Effects of New Greece-North Macedonia Link for Europe
The Alexandroupolis Terminal is a proposed floating storage and regasification unit (FSRU) import terminal in the Aegean Sea, off the coast of Greece. Back in February 2022, the national government of North Macedonia initiated a process by which it hopes to secure a firm supply of critical LNG flowing from the Alexandroupolis FSRU.
Russia’s Baltic LNG Plants Stop Exports as U.S. Sanctions Kick In
Small-scale Russian producers of liquefied natural gas (LNG) located on the shores of the Baltic Sea, Portovaya LNG and Kryogaz-Vysotsk, have suspended LNG supplies, LSEG ship-tracking data showed on Thursday, as U.S. sanctions have kicked in.
ADNOC, Osaka Gas Sign 15-Year LNG Supply Deal for Ruwais Project
Abu Dhabi National Oil Company said on Thursday it had signed a 15-year sales and purchase agreement to supply Japan's Osaka Gas with liquefied natural gas from its Ruwais project.
Natural Gas Key to Energy Transition But Faces Cost, Emissions Hurdles, Wood Mackenzie Says
Natural gas will remain a crucial part of the global energy transition, supporting renewables and reducing coal reliance, according to a new report from Wood Mackenzie. However, high costs and emissions challenges could limit its long-term role.
Inpex Sees Strong Buyer Demand for Indonesia’s $20 Billion Abadi LNG Project
Inpex Corp., Japan's biggest oil and gas explorer, says it has received interest to buy liquefied natural gas from its $20 billion Abadi LNG project in Indonesia that exceeds planned output, its chief executive said.
Thirst for LNG Could Bolster Expansion in Europe, Elsewhere
Europe is taking major steps to expand its gas pipeline networks to support gas flows from new LNG terminals. Germany, for instance, is planning to add 355 miles of pipeline over the next few years to accommodate new LNG imports, almost all of which will be high-capacity pipe, with diameters of 39 inches or greater.
Gazprom Neft Shifts NIS Stake to Gazprom Amid U.S. Sanctions Pressure
Russia's Gazprom Neft transferred stakes of around 5.15% in Serbia's NIS oil company to Gazprom, in an attempt to ward off U.S. sanctions that could result in crude supply cuts for the Balkan country.
Shell: Global LNG Demand to Jump 60% by 2040, Led by Asia
Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
Vitol, Glencore Win $380 Million Award in Nigerian LNG Supply Dispute
Trading houses Vitol and Glencore will receive $380 million in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole LNG producer for non-delivery of cargoes, court documents seen by Reuters showed.
Ukraine’s DTEK Eyes Long-Term U.S. LNG Deals with Venture Global, Cheniere
Maxim Timchenko said DTEK's trading arm is looking to sign a 10-20-year LNG deal, with the gas first being imported into Ukrainian storage facilities and then piped westward.
Pipeline Theft Slashes Nigeria LNG’s Capacity by Two-Thirds
Nigeria LNG, a major gas exporter, is operating at only a third of its capacity due to illegal connections by thieves on key gas supply pipelines, the company's chief executive said on Tuesday.
Exxon, Mitsui, Woodside Commit $200 Million to Australian Gas Project
Exxon Mobil's Australian unit will invest nearly $200 million in the Kipper 1B gas project, alongside its partners Mitsui and Woodside Energy, the U.S. oil major said on the company website on Monday.
Trump Pushes Alaska LNG to Shift Asia's Energy Dependence
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realize a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.
Tokyo Gas to Sell Eagle Ford Shale Stake to Shizuoka Gas for $130 Million
Tokyo Gas, Japan's biggest city gas supplier, will sell its 25% stake in an Eagle Ford shale gas project in south Texas to Shizuoka Gas for $130 million under an asset portfolio review to improve efficiency, it said on Friday.
Kosmos Energy Achieves First LNG at GTA Project Offshore Mauritania, Senegal
Kosmos Energy has announced that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal.
Deutsche ReGas Terminates FSRU Energos Power Contract Amid LNG Pricing Issues
Deutsche ReGas has terminated its contract for the FSRU Energos Power at the Deutsche Ostsee LNG terminal, citing pricing issues with Deutsche Energy Terminal’s regulated LNG capacity fees. The company is open to discussions with the German government to address potential supply shortages.
ADNOC Gas Secures 14-Year LNG Supply Deal with Indian Oil
ADNOC Gas has signed a 14-year agreement with Indian Oil to supply up to 1.2 million tonnes per annum of liquefied natural gas (LNG). The deal, valued between $7 billion and $9 billion, will begin deliveries in 2026.
Cheniere Plans LNG Expansion Under Trump, CEO Says
U.S. liquefied natural gas exporter Cheniere Energy plans to aggressively pursue new regulatory permits to expand capacity now that U.S. President Donald Trump is in office, the company's CEO Jack Fusco said on Feb. 20.
U.S. Regulators Approve Venture Global's Plaquemines LNG Expansion, Boosting Exports
U.S. federal regulators on Wednesday gave Venture Global LNG permission to increase the export capacity of its Plaquemines, Louisiana, LNG plant.
Italy’s Intesa Sanpaolo Joins Banks Refusing Papua LNG Financing
Italy’s Intesa Sanpaolo and the Asian Development Bank have joined a growing list of financial institutions refusing to fund the $10 billion Papua LNG project, citing climate concerns and shifting investment priorities.
Exxon Plans Large-Scale Gas Pipeline, LNG Project in Guyana
Exxon Mobil is expanding natural gas production in Guyana with a large-scale project, including new pipelines, LNG exports, and gas supply for power and petrochemical production.
Tokyo Gas Acquires 20% Stake in Philippines LNG Terminal
Tokyo Gas Co. Ltd. has acquired a 20% stake in FGEN LNG Corporation, the owner and operator of an offshore floating LNG terminal in Batangas City, Philippines.
Minnesota-Wisconsin Gas Pipeline Project Awaits Regulatory Decision
The Northern Lights 2025 Expansion Project is set to boost natural gas capacity across Minnesota and Wisconsin, with key pipeline extensions and upgrades planned for completion by November 2025.
Venture Global to Start LNG Sales in April at Calcasieu Pass After Years of Dispute
Venture Global LNG will begin commercial operations at its Calcasieu Pass plant in Louisiana on April 15, resolving a years-long dispute with major buyers like Shell and BP.
Oman Signs 10-Year LNG Supply Deal with Switzerland’s Mercuria
Oman LNG has entered into a ten-year liquefied natural gas (LNG) supply agreement with Mercuria Energy Group, a Swiss-based energy and commodities trading firm.
- 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
