Processing/LNG
Venture Global Raises Plaquemines LNG Cost Estimate by $2 Billion
Venture Global has raised its cost estimate for the Plaquemines LNG project in Louisiana by $2 billion, citing inflation and other factors. The project is now expected to cost up to $23.8 billion.
BCUC Approves FortisBC's $50 Million Okanagan LNG Capacity Project
The British Columbia Utilities Commission (BCUC) has approved FortisBC Energy Inc.'s Okanagan Capacity Mitigation Project, a crucial step in addressing natural gas supply concerns in the Okanagan region.
U.S. DOE Approves Permit Extension for Exxon’s Golden Pass LNG
The U.S. Department of Energy said on Wednesday it has approved an extension of a permit for exports of liquefied natural gas from a Golden Pass LNG LLC project, jointly owned by QatarEnergy and ExxonMobil, being built in Texas.
Ireland Approves Emergency Floating LNG Facility to Address Gas Supply Risks
The Irish government has approved development of a temporary emergency facility for importing and storing liquefied natural gas (LNG), it said on Tuesday.
Vitol to Supply LNG to Philippines Under 10-Year Deal
Vitol Asia Pte Ltd. has signed a 10-year liquefied natural gas (LNG) supply agreement with LNGPH, a consortium of South Premiere Power Corporation and Excellent Energy Resources Inc.
South Korea, U.S. to Form Working Group on Alaska LNG Project, Trade Issues
South Korea and the United States have agreed to establish a working-level group to discuss a gas pipeline project in Alaska, energy, shipbuilding, tariffs and non-tariff barriers, South Korea's Industry Minister Ahn Duk-geun said on Tuesday.
Global News March 2025
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
Projects March 2025
Explore the latest updates in pipeline and gas infrastructure, featuring new systems, expansions, and innovative developments shaping the industry. Stay informed on significant projects that enhance operational efficiency and drive growth in the energy sector.
Shell's LNG Outlook for Asia Faces Volume-Price Dilemma
It's not really a surprise that one of the world's largest liquefied natural gas companies is bullish about the long-term view for the super-chilled fuel, but Shell's outlook also has inherent contradictions.
NextDecade Weighs Additional Liquefaction Trains for Rio Grande LNG
NextDecade is considering adding more liquefaction trains to its Rio Grande LNG terminal, signaling potential expansion at the U.S. export facility.
U.S. Natural Gas Prices Surge 8% on Record LNG Exports
U.S. natural gas futures jumped about 8% on Monday on record flows to liquefied natural gas (LNG) export plants and forecasts for higher demand over the next two weeks than previously expected.
Europe Soaks Up Most U.S. LNG Exports Amid Cold Weather, High Prices
Europe soaked up most U.S. liquefied natural gas (LNG) exports for the second straight month in February, as cold weather and strong prices pushed up demand for the superchilled gas across the Atlantic, according to preliminary data from financial firm LSEG.
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.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- Court Ruling Allows MVP’s $500 Million Southgate Pipeline Extension to Proceed
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- Kinder Morgan Gas Volumes Climb as Power, LNG Demand Boost Pipeline Business
