Consumers Energy has completed its Mid-Michigan Pipeline, upgrading 55 miles of natural gas pipeline to enhance reliability across five counties. The $1.5 billion project modernizes the gas delivery system just in time for winter.
ADNOC Logistics & Services signed contracts worth $4.4 billion to build 23 supertankers, primarily focused on LNG, with additional vessels for ethane and ammonia. These contracts with Chinese and Korean shipyards bolster ADNOC’s low-carbon energy shipping capacity.
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.
Williams Companies surpassed third-quarter profit forecasts with strong service revenue and increased natural gas flows, especially from its Transco pipeline. The company raised its annual profit outlook, citing demand from data center growth and industrial re-shoring projects.
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.
The European Union is considering increasing LNG imports from the U.S. to ease trade tensions with a potential second term for Donald Trump, as Brussels braces for new tariffs. This move is seen as a way to address the trade deficit while diversifying energy sources in the wake of geopolitical instability.
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.
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.
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.
Exxon Mobil has agreed to sell its oil and gas assets in Argentina's Vaca Muerta shale formation to Pluspetrol, including five blocks in Neuquen province and its stake in pipeline operator Oldelval.
Freeport LNG reported on Monday that three LNG processing trains at its Quintana, Texas, facility were back online after temporary outages that began on Friday because of a power feed interruption.
Glenfarne Group has selected Kiewit as the construction contractor for its Texas LNG export terminal in Brownsville. The facility aims to process 0.5 Bcf/d of natural gas, targeting commercial operations by 2028, with a possible extension to 2029.
Canadian Natural Resources will reduce natural gas drilling in 2024 as weak prices persist, despite stronger-than-expected third-quarter profits driven by oil sands production.
British utility Centrica and U.S. producer Coterra Energy have entered into two gas sale and purchase agreements, which will reduce market risk in Centrica's liquefied natural gas (LNG) portfolio.
Cheniere Energy raised its annual profit forecast, citing strong demand for LNG and progress on its Corpus Christi expansion, expected to boost output by year-end. The top U.S. LNG exporter also reported increased third-quarter exports and higher spot prices in Asia, fueling its outlook for continued growth in global LNG markets.
You can change it with picker below or later using the switch located in the footer.
