Business & Markets

Petronas to Decommission 310-Mile Sabah-Sarawak Gas Pipeline

Malaysia's Petronas will decommission the Sabah-Sarawak gas pipeline, the state energy firm said on Tuesday in its activity outlook report.

Freeport LNG Restores Texas Plant Operations After Power Outage

Freeport LNG on Monday said its plant at Quintana Island, Texas, returned to full operations following an outage last week caused by unstable power from its provider Center Point Energy.

For Midstream, Welcome Trump Regulatory Changes Afoot

Last July 24, the five commissioners of the Federal Energy Regulatory Commission (FERC) journeyed up to the House Energy and Commerce Committee for what could have been a difficult hearing. The committee was controlled by Republicans.

EIA Projects Rising U.S. Natural Gas Prices Amid Growing LNG Demand

The U.S. Energy Information Administration (EIA) expects wholesale natural gas prices to rise in 2025 and 2026 as demand outpaces supply, largely driven by increased exports from liquefied natural gas (LNG) facilities.

Otto McMillan: Once, Twice, Three Times a Hero

The Charlotte-based Piedmont Natural Gas utility field representative is a serial hero, having performed three life-changing heroic acts in 2023.

U.S. LNG Production Growth Expected to Aid India, Says Petronet LNG CEO

An increase in LNG production in the United States after President Donald Trump ended a moratorium on new export permits should benefit consuming nations like India, the chief executive of the country's top gas importer said on Monday.

Diversified Energy Strikes $1.3 Billion Deal for Maverick in Permian Basin Expansion

U.S.-based Diversified Energy said on Monday it will buy private equity-owned Maverick Natural Resources for $1.28 billion, including debt, to expand into the oil and gas-rich Permian Basin, sending its shares up 4.3%.

FERC Reinstates Certificate for Williams' Transco Pipeline's Expansion Project

The U.S. energy regulator has reinstated the certificate for Williams Companies' Transcontinental Gas Pipe Line (Transco) on Friday, the company said on Monday, which would allow the expansion of the project.

Former Golden Pass LNG Contractor Zachry Set to Emerge From Bankruptcy by March

The Texas construction contractor that last year quit the Golden Pass liquefied natural gas plant project, a joint venture between QatarEnergy and Exxon Mobil, could exit Chapter 11 bankruptcy before April, the company said on Jan. 24.

Louisiana’s Argent LNG Inks Deal to Supply 5 Million Tons of LNG Annually to Bangladesh

Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a deal with the government of Bangladesh to purchase up to 5 million metric tons of LNG annually.

Emerson’s Natural Gas Metering Systems: Accuracy and Efficiency Delivered

Discover reliability with our Emerson Natural Gas Metering System, a comprehensive solution designed to ensure accuracy, reliability, and efficiency in natural gas measurement.

Blackstone to Acquire Virginia Natural Gas-Fired Power Plant for $1 Billion

Blackstone Energy Transition Partners has agreed to buy the 774-megawatt natural gas-fired power plant in Loudoun County in northern Virginia, according to a statement.

Revisiting the Biggest Midstream Stories of 2024

(P&GJ) – In this final issue of P&GJ for 2024, the staff – with more than a little help from our readers – takes a look back at the sometimes-frenzied year for pipeline construction that was 2024.

U.S. Renewable Leader NextEra Energy to Develop Gas-Fired Power for AI

The world's largest renewable power company, NextEra Energy, is partnering with GE Vernova to develop natural gas-fired power generation projects across the United States that will mainly feed AI data centers and other large electricity users, NextEra said on Friday.

JERA Plans U.S. LNG Expansion to Balance Japan's Energy Portfolio

Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centers and AI, a senior executive told Reuters.

Morocco to Build $420 Million, 990-MW Gas Power Plant Near Alwahda Site

Morocco's water and electricity utility plans to build a 990-megawatt (MW) gas-fired power plant at a cost of $420 million, bourse regulator AMMC said.

U.S. Natural Gas Prices Steady as Market Waits for Federal Storage Report

U.S. natural gas futures held steady as the market waited for direction from a federal report expected to show utilities pulled more gas from storage than usual to heat homes and businesses during extreme cold weather last week.

Crews Extinguish Kinder Morgan Pipeline Fire in Wharton County

The affected segment of the Tennessee Gas Pipeline was promptly isolated and shut down. According to the company, the fire was fully extinguished, and all personnel were accounted for.

Oil Prices Drop as Trump's Energy Emergency Sparks Doubts Over SPR Refill Plans

Oil prices fell on Tuesday after U.S. President Donald Trump declared a national energy emergency on his first day in office, raising concerns of higher U.S. output in a market widely expected to be oversupplied this year.

Tamboran, Santos Partner on Darwin LNG Expansion Studies

Tamboran Resources and Santos have signed a non-binding memorandum of understanding to conduct technical studies for a potential expansion of the Darwin LNG facility in Australia's Northern Territory.

New Fortress Energy, Energiza Partner on Puerto Rico Gas Supply Deal

New Fortress Energy said on Wednesday it signed an agreement with Energiza to supply natural gas to a 478-megawatt combined-cycle power plant being developed in San Juan, Puerto Rico.

LNG Developers in Texas and Louisiana Praise Export Freeze Lift

Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.

Freeport LNG in Texas Nearing Full Operations as Gas Flows Recover From Outage

Natural gas flows to Freeport LNG's export plant in Texas were set to rise on Thursday after a power problem during a winter storm forced it to shut on Tuesday, data from LSEG and energy traders showed.

Kinder Morgan’s 216-Mile Trident Pipeline Progresses as Q4 Profit Hit by Crude Slowdown

Kinder Morgan is moving forward with the 216-mile Trident pipeline to boost gas capacity near Port Arthur, Texas, as lower crude volumes weigh on Q4 profits.

Europe Faces $6 Billion Gas Bill to Refill Shrinking Stocks After Winter Supply Plunge

Europe may have to buy at least 100 additional gas cargoes this summer, worth around $6 billion at today's prices, to replenish gas stocks after a plunge in storage levels this winter due to cold weather and a stoppage of Russian supply.

Freeport LNG Shutdown in Texas to Continue Amid Power Issues

U.S. liquefied natural gas company Freeport LNG said on Wednesday it closed its export plant in Texas on Tuesday due to a power feed problem during a winter storm and will keep it shut until power supply stabilizes.

Report: TurkStream Pipeline Booked for Gas to Moldova’s Transdniestria

Ozbor Enterprises, a Cyprus-based company, booked around 3.1 million cubic meters per day of Russia-designed TurkStream gas pipeline capacity for possible gas shipments to Moldova's breakaway Transdniestria region, Russian daily Kommersant reported on Wednesday.

Venture Global LNG Lowers IPO Valuation Target to $65.3 Billion

Venture Global LNG on Wednesday slashed the valuation it sought from a U.S. initial public offering to $65.33 billion, significantly lower than the initial target of $110 billion.

INGAA Foundation Names Boardwalk’s Kim Tarr Chair, Evraz’s Dave Coffin Vice Chair

The INGAA Foundation Board of Directors has elected Kim Tarr, Vice President of Field Operations at Boardwalk Pipelines, as chair and Dave Coffin, Chief Commercial Officer for Evraz Inc. North America, as vice chair for a one-year term.

Trump Lifts Biden’s Freeze On Liquefied Natural Gas Exports

President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies.