Phillips 66 to Build 300 MMcf/d Gas Processing Plant in Permian
Phillips 66 plans a new 300 MMcf/d Iron Mesa gas plant in the Permian Basin as part of its midstream expansion, announced alongside a first-quarter loss.
Phillips 66 plans a new 300 MMcf/d Iron Mesa gas plant in the Permian Basin as part of its midstream expansion, announced alongside a first-quarter loss.
Vaquero Midstream plans a 70-mile gas pipeline and a 200 MMcf/d cryogenic plant to expand operations in the Southern Delaware Basin near the Waha Hub.
German gas storage operators are pushing back against a draft plan to align national storage targets with EU rules, warning that inconsistent fill level requirements could unfairly burden some sites and jeopardize winter supply security.
Woodside Energy has approved a $17.5 billion liquefied natural gas (LNG) project in Louisiana, targeting first production in 2029, as the company expands its global LNG portfolio.
Wood Mackenzie’s 2050 Strategic Planning Outlook projects strong growth for North American natural gas markets, driven by LNG exports, power demand, and infrastructure expansion amid a shift to higher-cost supply.
Louisiana is emerging as a major Gulf Coast LNG hub under Trump-era energy policies, fueled by rising exports, new pipelines, and major investments in natural gas infrastructure.
Canada ramps up efforts to expand its natural gas pipeline network amid rising domestic demand and growing export opportunities to the U.S., with major projects like Yellowhead Mainline and renewed interest in cross-border infrastructure.
U.S. natural gas futures rose 5% to a one-week high on Monday ahead of the May contract expiration, supported by higher short-term demand forecasts despite mild weather and rising output.
In these days of growing efforts to reduce the effects of climate change, the agriculture sector is often cited as a major source of greenhouse gases (GHGs), including methane (CH4) and nitrous oxide (N2O), with those two sources combined accounting for about 10% of global non-carbon dioxide (CO2) emissions.
Duke Energy will acquire up to 11 gas turbines from GE Vernova to meet rising power demand across its U.S. service areas. The deal supports Duke's grid modernization strategy and follows GE’s major U.S. manufacturing expansion.
Argentina’s state-run YPF has scrapped plans for an onshore LNG facility and will instead use floating liquefaction vessels to export gas from Vaca Muerta, CEO Horacio Marin said.
EQT plans to cut 2025 capital spending while increasing natural gas production, citing efficiency gains and strong well performance. The company also announced a $1.8 billion deal to acquire Olympus Energy’s upstream and midstream assets.
The U.S. plans to host an Alaska LNG summit in early June, seeking support from Japan and South Korea for the $44 billion export project. The meeting aims to advance commitments amid rising Asian demand for natural gas.
Morgan Stanley Infrastructure Partners is considering a sale of its majority stake in Brazos Midstream II, a Permian Basin pipeline operator, in a deal expected to top $2 billion.
Kenges Rakishev highlighted Kazakhstan’s vast gas reserves and strategic position at the Energy Trends forum in Astana, proposing a new gas company to meet rising global demand and calling for infrastructure investment to unlock export potential.
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