Infrastructure

Texas Gas has launched an open season for its Borealis pipeline project, a 2 Bcf/d expansion connecting Marcellus and Utica supplies to key markets across the Midwest and Gulf Coast. The project leverages existing infrastructure to meet growing U.S. energy demand.

Argentina’s YPF has begun construction on the second section of the 272-mile Allen–Punta Colorada pipeline, part of the Vaca Muerta Sur project. The line will transport up to 700,000 bpd of crude oil for export, with SCADA systems, storage terminals, and offshore VLCC loading capacity.

Tokyo Gas has acquired a 70% stake in East Texas gas assets from Chevron for $525 million, expanding its position in the Haynesville Shale. The move strengthens its access to Gulf Coast LNG infrastructure and supports its growing U.S. gas strategy.

Brookfield Asset Management is nearing a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation network, for more than $9 billion including debt, sources say. A formal announcement could come within weeks.

Fluxys has begun construction on the first phase of Belgium’s hydrogen pipeline network, marking a key milestone in the country’s push toward a low-carbon economy.

WhiteHawk Energy has closed a $118 million acquisition that doubles its mineral and royalty interests across 475,000 gross unit acres in Pennsylvania’s Marcellus Shale.

Sempra will sell its Ecogas Mexico business and a minority stake in Sempra Infrastructure to help fund a $56 billion capital plan focused on utility investments in Texas and California, with transactions expected over the next 12 to 18 months.

The U.S. Department of Energy is reviewing whether to cut funding to two major carbon removal hubs in Texas and Louisiana. The projects, launched under the Biden administration, could lose hundreds of millions in grants amid shifting policy priorities.

The move marks a major step forward for the long-planned pipeline and export terminal, with a final investment decision expected in 2025.

Hope Gas’ proposal to abandon over 1,000 miles of pipeline across more than 20 West Virginia counties is drawing sharp criticism from local producers, who say the move could cut off access to critical infrastructure and threaten small well operations.

Included in the deal are NFE’s LNG import terminal in Montego Bay, its offshore floating storage and regasification unit (FSRU) in Old Harbour, and a 150-megawatt combined heat and power plant in Clarendon, along with associated infrastructure.

The newly formed company has acquired a crude oil gathering system spanning Atascosa, Frio, La Salle, and McMullen counties in South Texas.

U.S. natural gas prices rose slightly this week as LNG exports hit a new record and demand forecasts improved. Meanwhile, pipeline constraints in the Permian Basin pushed Waha Hub prices below zero for the second time this month, highlighting ongoing takeaway issues amid surging associated gas output.

Aramco has completed the acquisition of a 50% equity stake in the Blue Hydrogen Industrial Gases Company (BHIG), a joint venture with Air Products Qudra aimed at producing low-carbon hydrogen in Jubail Industrial City.

The Australian government plans to continue the active development of the domestic gas pipelines infrastructure within the next couple of decades despite the protests of local environmentalists, who expect a sharp drop of demand for natural gas in the country already in the middle term.