Processing/LNG
U.S. Reports 13.5 Tons of Deadly Gas Released at Pemex’s Texas Refinery Last Month
In October, Pemex's Deer Park refinery in Texas released 13.5 tons of deadly hydrogen sulfide gas, resulting in the deaths of two workers and injuries to 13 others. The U.S. Chemical Safety Board is investigating the incident, focusing on maintenance practices and emergency responses.
U.S. Natural Gas Prices Surge 5% on Surprise Storage Draw, Colder Forecasts
U.S. natural gas prices surged 5% due to an unexpected storage draw and colder weather forecasts, marking their highest point in a year. Rising LNG export demand also contributed to the price increase.
ADNOC Weighs Stake Sale in Gas Unit, Potential Multi-Billion Dollar Deal: Report
ADNOC is reportedly considering selling a 3-5% stake in its gas unit, potentially worth billions, amid strategic reviews. The deal could be announced soon, pending market conditions.
BP, Partners to Invest $7 Billion in Indonesia's Papua Carbon Capture Project
BP and partners will invest $7 billion in a carbon capture and gas project in Indonesia’s Papua region, potentially unlocking 3 trillion cubic feet of gas. The CO2 sequestration initiative aims to reduce emissions at BP’s Tangguh LNG facility.
Osaka Gas Says U.S. Sanctions on Gazprombank Won't Affect Russian LNG Purchases
Osaka Gas announced that U.S. sanctions on Russia's Gazprombank will not impact its LNG purchases from the Sakhalin 2 project. The Japanese utility clarified it doesn't use Gazprombank for transaction settlements.
Brunei LNG Begins Restart After Operational Disruption
Brunei LNG is safely restarting its facility after an "operational upset" caused a shutdown. The process may involve visible flaring and noise, which the company assures are controlled. The plant, partly owned by Mitsubishi and Shell, has a 7.2 million metric ton annual capacity.
Freeport LNG Liquefaction Train Shuts Down at Texas Export Plant After Malfunction
One of three liquefaction trains at Freeport LNG's export plant in Texas tripped offline on Wednesday, the company told state environmental regulators in a report on Thursday.
Progressive Pipeline Management Acquired by Platform Partners
PPM, known for its trenchless pipeline rehabilitation services, specializes in restoring aging natural gas distribution pipelines using cured-in-place-lining (CIPL) technology, which minimizes surface disruption.
Pennybacker Acquires Miami LNG, Appoints New Leader for Growth Push
Pennybacker Capital Management has completed its acquisition of a small-scale liquefied natural gas (LNG) business in Miami from New Fortress Energy.
Key Leadership Lessons from WGLC 2024: Chevron’s Kelley Henderson Highlights Mentorship
Reflecting on her career journey, Chevron's Kelley Henderson discussed five key leadership behaviors that she has found crucial for anyone’s path to becoming not only a leader, but a mentor.
Argentina's Vaca Muerta Gas Export Plans Face Major Hurdles
Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government's free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade.
LNG Feedgas to Louisiana’s Plaquemines Plant Drives U.S. Total to 10-Month High
Feedgas to U.S. LNG export plants is poised to hit a 10-month high, driven by record flows to Louisiana's Plaquemines LNG plant as testing continues ahead of its anticipated launch. The U.S. remains the world’s leading LNG supplier, with exports fueling demand growth globally.
Kazakhstan’s 188-Mile Gas Pipeline to Expand Regional Gasification to 90% Once Completed
(P&GJ) — Kazakhstan’s Taldykorgan-Usharal gas pipeline, launched under the directive of the Head of State, aims to secure a consistent gas supply in a region where gasification currently stands below 50%.
BP Delays Whiting Refinery Restart, Fuel Prices Rise in Chicago Market
BP has delayed the restart of a crude distillation unit and a coker at its 435,000 barrel-per-day Whiting, Indiana, refinery from maintenance, boosting fuel prices in the Chicago market, industry sources said on Tuesday.
U.S. Natural Gas Prices Hit 5-Month High on Late-November Cold Snap Forecast
U.S. natural gas futures edged up about 1% on Tuesday to a five-month high, on forecasts for colder weather in late November that should boost heating demand and force utilities to start pulling gas from storage by the U.S. Thanksgiving Day holiday.
TC Energy Raises 2025 Profit Outlook Amid Natural Gas Demand, Updates on Mexican Operations
TC Energy forecasts a higher 2025 profit, driven by natural gas demand and growth projects, while providing updates on its Southeast Gateway pipeline and Mexican operations.
Brazil, Argentina to Study Gas Exports from Vaca Muerta
Brazil and Argentina signed an agreement on Monday to study the development of infrastructure for natural gas exports to Brazil, with Brazilian authorities saying the deal could lead to imports of as much as 30 million cubic meters of gas per day by 2030.
Venture Global LNG’s Louisiana Plant Runs $2.35 Billion Over Budget, Documents Disclose
Venture Global LNG's second liquefied natural gas export facility in Louisiana is $2.35 billion over budget, according to IPO documents. The company attributes the cost increase to inflation and construction challenges but remains confident in covering future overages.
ADNOC Gas to Acquire $5 Billion Stake in Ruwais LNG, Doubling Capacity by 2028
ADNOC Gas will acquire a $5 billion, 60% stake in Ruwais LNG, doubling its processing capacity by 2028. The plant, powered by clean grid electricity, will be one of the world’s lowest-carbon intensity LNG facilities.
Venture Global LNG Reports $4.85 Billion in 2023 Profits Amid IPO Buzz
Venture Global LNG reported $4.85 billion in operating income for 2023, marking its second year of operations. As the company prepares for a stock market listing, financial documents reveal ambitious plans for expanding its LNG export facilities and significant revenue growth.
ADNOC Gas Inks 10-Year LNG Supply Deal with India’s GAIL
ADNOC Gas has secured a long-term agreement with GAIL India Limited to deliver up to 0.52 million metric tonnes per year of liquefied natural gas (LNG) beginning in 2026.
Germany Blocks Russian LNG Shipment to Brunsbuttel Terminal in Policy Stand, Sources Say
Germany has refused to allow a Russian liquefied natural gas shipment at the Brunsbuttel terminal in northern Germany in line with Berlin's policy not to import LNG from Russia, industry sources said on Thursday.
PNOC and Pertamina Partner on LNG, Energy Projects
State-owned firms Philippine National Oil Company (PNOC) and Indonesia's Pertamina have signed a preliminary agreement to develop the liquefied natural gas (LNG) and other energy sources.
Investment Firm Aethon Explores Options for $10 Billion U.S. Natural Gas Assets, Sources Say
U.S.-based investment firm Aethon Energy Management is considering options for its natural gas assets valued at around $10 billion, according to sources. Aethon’s portfolio, primarily focused on the Haynesville shale, positions the firm as one of the largest privately held gas producers in the U.S.
Crown LNG Races to Develop and Start Texas LNG Plant Before Trump's Term Ends in 2029
Crown LNG aims to complete a Texas-based LNG export plant before President Trump’s term concludes in 2029, with a focus on expediting offshore development to streamline regulatory approval.
Acciona, RCM to Construct $230 Million Breakwater for Italy’s Ravenna LNG Terminal
Acciona and RCM will construct a $230 million breakwater for Italy's Ravenna LNG terminal, enhancing protection for the offshore facility managed by Snam. Completion is expected in early 2025.
Cheniere Study Shows Lower GHG Emissions in Updated LNG Life Cycle Analysis
Cheniere Energy recently published an updated life cycle assessment of greenhouse gas emissions tied to its liquefied natural gas operations, incorporating new data from its supply chain.
Pipeline Explosion at PDVSA Facility in Venezuela’s Monagas Region Causes Injuries
A pipeline explosion at a natural gas complex in Venezuela’s eastern Monagas state has left several people injured, causing outages and halting operations. The blast, which resulted in a fire, damaged pipelines and equipment at the PDVSA-operated facility.
Trump Prepares to Withdraw from Paris Climate Agreement, NYT Reports
U.S. President-elect Donald Trump's transition team prepares executive orders to withdraw from the Paris climate agreement, end the LNG export pause, and revoke California's pollution waiver, according to the New York Times.
U.S. Natural Gas Prices Hit 25-Year Low at Henry Hub, Drop into Negative at Waha
U.S. natural gas prices plunged to a 25-year low at Henry Hub and into negative territory at Waha, driven by mild weather, low demand, and pipeline constraints.
- 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
