Permian Basin to Gain 7.3 Bcf/d in Pipeline Capacity Amid Gas Glut
New pipeline projects in the Permian Basin will add 7.3 Bcf/d of gas capacity, addressing growing production and easing pressure on Waha Hub prices.
New pipeline projects in the Permian Basin will add 7.3 Bcf/d of gas capacity, addressing growing production and easing pressure on Waha Hub prices.
Federal regulators on Friday gave Venture Global LNG permission to begin preparations for the start-up of liquefied natural gas equipment at its Plaquemines export plant in Louisiana, taking a step closer to first LNG production for the facility, about 20 miles south of New Orleans.
Azerbaijani President Ilham Aliyev said on Friday he was optimistic of a breakthrough in talks between Moscow and Kyiv to keep Russian gas flowing through Ukraine to several European countries.
The Matterhorn is the biggest gas pipe under construction that is capable of moving gas that has been trapped in the Permian basin, causing prices at the Waha Hub in West Texas to turn negative a record number of times this year.
The new projects include the 1.8-Bcf/d Louisiana Energy Gateway gas pipeline, which is under construction and expected to enter service in 2025, and the 1.6-Bcf/d Southeast Supply Enhancement, which could enter service by 2027.
(P&GJ) — Voyager Midstream, backed by Pearl Energy Investments, has acquired natural gas gathering and processing assets from Phillips 66 in East Texas and North Louisiana, placing it strategically in the Haynesville Shale region.
New Fortress Energy has received authorization from the U.S. Department of Energy to export LNG from its offshore Altamira-based plant in Mexico to non-free trade agreement countries.
Exports of U.S. LNG bounced higher in August as output from the country's second-largest export facility rose following an outage and maintenance activities at other plants wound down, LSEG data showed on Tuesday.
The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.
The $20 billion refinery on the outskirts of Lagos, built by Nigerian billionaire Aliko Dangote, began operations in January with output of products including naphtha and jet fuel.
Iraq plans to offer 10 gas exploration blocks to U.S. companies during an upcoming visit by Oil Minister Hayan Abdel-Ghani to the United States, he announced on Saturday.
The Public Utility Commission of Texas selected 17 projects, seeking $5.38 billion in government funding, to advance in a new program aimed at spurring the development of gas-fired power plants.
Mexico Pacific has finalized a 20-year sales and purchase agreement with POSCO International, a leading energy trading company from Korea.
U.S. pipeline operator ONEOK will buy midstream assets in two deals worth $5.9 billion with Global Infrastructure Partners (GIP), bolstering its position in the Permian and Mid-Continent basins amid rapid consolidation in the industry.
State-owned Nigerian oil company NNPC has expanded shipments of liquefied natural gas (LNG) cargoes to a port in China after its first delivery to Japan in June, it said on Monday.
You can change it with picker below or later using the switch located in the footer.