Gas

Russia's Arctic LNG 2 to Ship First LNG Cargo to Asia Despite U.S. Sanctions

Russia's Arctic LNG 2 project is set to load its first LNG tanker for Asia at the end of January, two industry sources said on Tuesday, despite disruptive U.S. sanctions, while initial volumes are expected to be small.

North Dakota Sees 425,000 bpd Oil Drop, 1.1 Bcf/d Gas Output Decline Due to Extreme Cold

North Dakota oil production has fallen by 400,000 to 425,000 barrels per day (bpd) and gas output is down 1.0 billion to 1.1 billion cubic feet per day (Bcf/d) on extreme cold and related operational issues, the North Dakota Pipeline Authority estimated on Monday.

Santos Receives Approval to Construct Subsea Pipeline for $4.3 Billion Barossa Gas Project

Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work.

$720 Billion in Pipeline Projects Defies Global Energy Transition Momentum for More Gassy Future

The investment - which has been committed to projects that are underway or are planned for the near future - reveals the powerful momentum that remains in traditional fossil fuel industries even as clean energy supplies are deployed at an accelerating rate.

Commonwealth LNG Urges Biden to Support Pending LNG Export Application

U.S. liquefied natural gas (LNG) developer Commonwealth LNG on Thursday called on President Joe Biden to support its long-pending LNG export application.

BlackRock Strikes $12.5 Billion Deal for Global Infrastructure Partners

Once the deal closes, the firm will hold approximately $150 billion in infrastructure assets across a portfolio, including the U.S. liquefied natural gas export market.

Glenfarne's Texas LNG and EQT Sign 15-Year Agreement

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition LLC, is set to build a four million tonnes per annum LNG export terminal in the Port of Brownsville, Texas. The company has inked an agreement with EQT Corp. for natural gas liquefaction services.

New Alternatives for Noise Reduction in Gas Pipelines

Natural gas pipeline pressure reduction applications pose significant design challenges for engineers. Since flow varies considerably through these stations, control valves are required to throttle over a wide range, with large pressure drops at times, which create the potential for high noise.

Venture Global LNG Explains to FERC Its Failure to Sell Commercial Cargoes

Venture Global LNG has told a U.S. regulator that it cannot meet contracts to provide LNG cargoes to several major customers because its export plant is not yet ready to meet three criteria in the contracts, according to the Federal Energy Regulatory Commission (FERC).

Finland's Gasum Procures LNG Cargo for Inkoo Terminal from SEFE

Finnish energy firm Gasum said on Wednesday it is delivering a U.S. cargo of LNG it procured from Germany's SEFE LNG to the Inkoo floating storage regasification unit (FSRU).

Galp to Join BP and Shell in Formal Complaint Against LNG Exporter Venture Global

Portugal oil and gas firm Galp has asked U.S. regulators to allow it to join BP and Shell's formal complaints against U.S. liquefied natural gas (LNG) exporter Venture Global LNG, a filing showed on Tuesday.

Kyushu Electric Considers Investment in U.S. Lake Charles LNG Project for Future Procurement Plans

Kyushu Electric Power is considering investing in the U.S. Lake Charles liquefied natural gas (LNG) project of Energy Transfer, among other projects, to secure a stable supply of the fuel, a company spokesperson said on Tuesday.

Texas Explosion Likely Caused by Gas Leak Injures 21

At least 21 people were injured Monday in an apparent gas leak explosion at the Sandman Hotel in downtown Fort Worth, Texas, the city's fire department said.

German Gas Storage Operators Warn of Overblown Plans for Hydrogen Grids

Germany's future hydrogen demand could fall well short of the baseline the country is assuming in its plans to extend its gas network to carry the fuel, a study commissioned by a storage operators' group showed on Thursday.

Southwestern, Chesapeake Energy Near $17 Billion Merger, Poised to Form U.S. Natural Gas Powerhouse

U.S. natural gas producer Chesapeake Energy and peer Southwestern Energy are nearing a merger that would create a nearly $17 billion company. The deal could come together as soon as next week, provided the talks do not fall apart.

Cedar LNG Taps Samsung, Black & Veatch for EPC Contract

The Haisla Nation and Pembina Pipeline Corp. have selected Samsung Heavy Industries and Black & Veatch to provide engineering, procurement and construction for the design, fabrication and delivery of the project's floating LNG production unit.

India's GAIL Signs 10-Year LNG Purchase Deal with Vitol

State-run GAIL (India) Ltd. has signed a 10-year LNG import deal with trader Vitol to buy about 1 million metric tons per year (tpy) of the super-chilled fuel from 2026.

U.S. Natural Gas Producers Navigate Production Cuts and Demand Rebound in 2024

The longer natural gas prices stay lower in 2024 and drilling and related activity pulled back, the market could overshoot to both the downside and upside next year as it seeks to find an equilibrium, EQT's financial head Jeremy Knop said.

Shell Backs BP in Fight Over Venture Global LNG Exports

Shell has joined BP in its battle against Venture Global LNG, accusing the LNG producer of denying it and other customers access to supplies while exporting more than $18 billion worth of the superchilled gas, according to a filing with U.S. regulators.

EOG President: U.S. Oil and Gas Production Growth to Slow in 2024

U.S. oil and gas production will not continue to grow this year at the pace that it did in 2023, U.S. shale producer EOG Resources President Lloyd Helms said on Thursday.

APA to Acquire Rival Callon Petroleum in $4.5 Billion Deal

U.S. oil producer APA said on Thursday it was buying rival Callon Petroleum in an all-stock transaction valued at $4.5 billion including debt, following on the heels of a record year for dealmaking in the largest U.S. shale field.

FERC Grants New England's Request to Postpone 2025 Power Auction Amid Natural Gas Evaluation Delay

The Federal Energy Regulatory Commission (FERC) has granted a request by New England's grid operator and a regional utilities association to postpone their 2025 forward capacity auction by a year.

Bunge Halts Operations at Indiana Soy Plant Due to Damaged Gas Pipeline

A soybean processing facility in Decatur, Indiana, operated by global grain handler Bunge stopped operations last week following damage to a natural gas pipeline that feeds the site, the company said in a statement to Reuters on Wednesday.

Gazprom Sets Daily Gas Supply Record to China via Power of Siberia Pipeline

Russian energy giant Gazprom said on Wednesday it set a new daily record the previous day for gas supplies to China through the Power of Siberia pipeline.

Diversified Energy Completes $200 Million Sale of Appalachia Natural Gas Assets

(P&GJ) — Diversified Energy Company Plc announced that it closed on a strategic transaction that has unlocked additional value from its existing asset base. In a nutshell, the company sold producing assets in Appalachia to a Special Purpose Vehicle (SPV) named DP Lion Equity Holdco LLC.

E.ON CEO Stresses Germany's Gas Security Amid Middle East Risks

Germany's gas supply situation is far better than it was after Russia cut off supply last winter but instability in the Middle East could still send energy prices soaring, the head of energy firm E.ON said.

U.S. Claims Top Spot in LNG Exports for 2023, Achieving Record Levels

U.S. liquefied natural gas exports hit monthly and annual record highs in December, tanker tracking data showed, with analysts saying it positioned the United States to leapfrog Qatar and Australia to become the largest exporter of LNG in 2023.

Russian Pipeline Gas Exports to Europe Down 56% in 2023

Natural gas supplies to Europe by Russian energy giant Gazprom were down 55.6% to 28.3 billion cubic meters (Bcm) in 2023, Reuters calculations showed on Tuesday.

RNG Outlook Offers Mixed Message for Midstream

(P&GJ) – In mid-2023, the international management consulting firm Boston Consulting Group (BCG) issued an assessment of renewable natural gas (RNG) that offered a mixed message.

Canadian Regulators Reject FortisBC's Okanagan Gas Pipeline Expansion Plan

(P&GJ) — The British Columbia Utilities Commission (BCUC) has denied FortisBC Energy Inc.’s application for its Okanagan Capacity Upgrade project, which includes the construction, installation, and operation of approximately 30 km (19 miles) of new natural gas pipeline.