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NEWS 11/12/2024

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.

NEWS 11/07/2024

TC Energy's Profit Surpasses Estimates, Driven by U.S. Gas Pipeline Demand

TC Energy exceeded third-quarter profit forecasts, with significant growth from its U.S. natural gas pipeline segment amid rising North American energy demand. The company continues to benefit from high natural gas consumption and record U.S. imports of Canadian oil.

NEWS 11/07/2024

Energy Transfer Receives 16 Bcf/d Natural Gas Requests Amid Growing Data Center, Power Needs

Energy Transfer reported a substantial increase in requests to connect over 90 power plants and data centers, with potential demand totaling up to 16 Bcf/d of natural gas. The surge is fueled by growth in data centers supporting AI, and pipeline proximity could allow Energy Transfer to capture a significant portion of this new demand.

NEWS 11/06/2024

Sempra's Port Arthur LNG Phase 2 Progressing Faster Than Cameron LNG Expansion, CFO Says

The Texas-based Port Arthur project benefits from a continuous construction agreement with Bechtel and is on track to receive its non-FTA export permit early next year. Meanwhile, the timing for financial approval of the Cameron expansion remains uncertain.

NEWS 11/06/2024

Federal Regulators Approve Venture Global to Introduce Natural Gas at Louisiana LNG Plant

Federal regulators have granted Venture Global permission to introduce natural gas into its Plaquemines LNG plant in Louisiana, bringing the facility closer to producing liquefied natural gas (LNG) and strengthening U.S. LNG export capacity.

NEWS 11/06/2024

Sempra Misses Profit Estimates on LNG Expenses; Gasoducto Rosarito Pipeline Nears Commercial Launch

Sempra’s third-quarter profit fell short due to rising LNG-related costs and lower utility earnings. Despite this, the Gasoducto Rosarito Pipeline remains on track for commercial operation, supporting Sempra's LNG export ambitions.