Business & Markets
Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
The Army Corps of Engineers has identified over 600 energy and other infrastructure projects identified as national emergency priorities, enabling them to be fast-tracked through the environmental review process, according to new data posted on its website.
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.
Kinder Morgan Finalizes $640 Million Purchase of North Dakota Gas Gathering System
Kinder Morgan Inc. announced the completion of its $640 million acquisition of a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC.
EPA Grants West Virginia Authority to Oversee Carbon Capture, Fourth State to Gain Approval
The U.S. EPA has granted West Virginia the authority to oversee carbon capture projects, making it the fourth state to receive this power. The decision aims to speed up approval processes for carbon sequestration initiatives as part of the country's broader environmental efforts.
Texas GulfLink Oil Export Project Receives U.S. Maritime Approval
Sentinel Midstream LLC, a Dallas-based crude oil midstream provider, announced that its Texas GulfLink deepwater crude oil export terminal has been approved for a deepwater port license by the U.S. Department of Transportation’s Maritime Administration.
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.
North Dakota Sees Major Oil Production Drop Due to Frigid Temps
North Dakota's oil production has dropped by up to 150,000 bpd due to extreme cold, with wellhead natural gas output also affected. Warmer weather is expected to bring relief soon.
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.
Spain's Enagas Plans $4.18 Billion Investment in Hydrogen Infrastructure
With Spanish gas demand falling, Enagas has sold assets, reduced dividends and cut debt to fund plans to diversify into managing a network of hydrogen infrastructure. It is also targeting ammonia and CO2 capture.
Australia's Woodside in Talks with Multiple Buyers for Louisiana LNG Stake, Sources Say
Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.
Diamondback Energy Expands in Permian with $4.08 Billion Double Eagle Deal
Diamondback Energy said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich U.S. Permian Basin.
Venture Global to Start Commercial Operations at Calcasieu LNG Plant
Venture Global announced that it has notified its long-term customers that its Calcasieu Pass LNG facility will commence commercial operations on April 15, 2025. The facility will achieve its commercial operation date, or COD, in under 68 months from its August 2019 final investment decision.
Kurdistan Region to Resume Oil Exports Next Week, says Iraqi Minister
Oil exports from the semi-autonomous Kurdistan region will resume next week, Iraq's oil minister said on Monday, resolving a near two-year dispute as ties between Baghdad and Erbil improve, potentially adding more supply to the oil market and weighing on prices.
Petrobras Unit Launches Tender for Eight Gas Tankers, 13 More to Come by end-2026
Transpetro, a unit of Brazil's state-run oil company Petrobras, has launched an international tender to contract eight gas tankers and expects to launch 13 others by the end of next year, Chief Executive Sergio Bacci said at an event on Monday.
Exxon to Increase Gas Production, Transport from Hammerhead Project, Offshore Guyana
A consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead, according to a document published by the country's environmental agency on Monday.
Trump Greenlights LNG Exports, Creates Energy Council to Boost U.S. Oil and Gas Flows
U.S. President Donald Trump's administration on Friday granted a key export license to the Commonwealth LNG project in Louisiana, the first such approval after former President Joe Biden paused them early last year. Trump also signed an executive order creating an energy council to ramp up U.S. output of oil and gas.
Drone Strike Hits Russian Pipeline Pumping Station, Slowing Chevron, Exxon Exports
A drone strike has hit a pumping station on an oil pipeline in Russia, reducing flows from Kazakhstan to world markets pumped by Western firms including Chevron and Exxon Mobil, its operator said on Monday.
TotalEnergies, ENI Sign Agreement to Export Cyprus Block 6 Gas Through Egypt
TotalEnergies and ENI, partners in Cyprus offshore Block 6 (TotalEnergies 50%, ENI 50% operator), have signed a Host Government Agreement (HGA) with Egypt and the Republic of Cyprus related to the development of Block 6 gas resources.
Tallgrass, Bridger Announce Open Season for Pony Express Pipeline
Tallgrass Pony Express Pipeline, LLC. (Pony Express) together with Bridger Pipeline, LLC (Bridger), have announced a new binding joint tariff open season for incentive tariff rates, utilizing existing Pony Express capacity, for shipper commitments for crude oil transportation from Bridger's Guernsey Hub.
Russia Likely to Struggle in Reaching LNG Targets, Say Experts
Exports of Russia's liquefied natural gas (LNG) will likely not exceed 67 million metric tons by 2030, falling far short of its 100 million target due to international sanctions, experts said at an industry conference on Friday.
How LNG Will Fuel Global Energy Evolution at Scale
LNG is a key enabler of the global transition to a decarbonized energy system. It will play a pivotal role as companies move from coal and oil to cleaner energy sources.
U.S. Natural Gas Climbs to Three-Week High on Rising LNG Flows, Colder Temps
U.S. natural gas futures climbed about 3% to a three-week high on Friday on rising flows to liquefied natural gas (LNG) export plants, a drop in daily output and forecasts for colder weather lifting expected heating demand next week.
Commonwealth LNG Clears Key Regulatory Hurdles in Development of 9.5 MTPA Facility
Commonwealth LNG has received a conditional non-FTA export authorization from the U.S. DOE, and separately received its draft Supplemental Environmental Impact Statement (SEIS) from the Federal Energy Regulatory Commission (FERC). These are significant milestones in its development of a 9.5 mtpa facility in Louisiana.
Howard Energy Partners Acquires Interest in 200-Mile, 1.1 Bcf/d Midship Pipeline in Oklahoma
The pipeline, which runs from Kingfisher County to near Bennington in the Anadarko Basin, connects natural gas production from the SCOOP and STACK plays to Gulf Coast and Southeast demand markets.
Japan's Inpex Targets FID for Indonesia's Abadi LNG Project in 2027
The project, facing delays and a recent ownership change, aims for production in the early 2030s, contributing to Inpex's growth in LNG output and its investment in cleaner energy solutions.
U.S. Natural Gas Prices Jump 6% to Two-Week High on Rising LNG Flows, Big Storage Draw
U.S. natural gas futures rose 6% to reach a two-week high, driven by a larger-than-expected storage draw and increased LNG export flows. With cold weather forecasts and higher demand, natural gas prices have surged, reflecting tighter supply conditions and robust export activity.
India's Gas Demand Set to Surge by 2030, Doubling LNG Imports, Says IEA
India's natural gas consumption is projected to increase by 60% by 2030, doubling the country's LNG imports. Driven by urbanization and industrialization, this surge in demand will require strategic planning and expansion of LNG infrastructure to manage future supply challenges.
Williams Beats Q4 Profit Estimates on Acquisition Gains, Raises Dividend
Williams surpassed fourth-quarter profit estimates, driven by acquisitions and its Regional Energy Access expansion project. The company raised its dividend and boosted its profit forecast, citing increased gas demand from sectors like AI data centers.
Austria’s Gas Hub Rethinks Strategy After Russian Transit Ends
Austria’s Central European Gas Hub saw a decline in trading volumes following the halt of Russian gas transit but is pivoting toward regional trade, biogas, and hydrogen opportunities. CEO Gottfried Steiner highlighted the hub’s role in a shifting European energy market.
Exxon Seeks Permit for Gas Production, LNG Project as Output Rises in Guyana
Exxon Mobil seeks permits for its eighth project in Guyana, focusing on gas production. The company aims to boost capacity to 1.7 million barrels per day by 2029 while supporting Guyana's LNG development.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Gazprom’s Grandeur Fades as Europe Moves Away from Russian Gas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
