Infrastructure
Enbridge Line 5 Project Advances with DNR Permits in Wisconsin
Enbridge's Line 5 relocation project in Wisconsin moves forward with key permits from the DNR, including approvals for wetland and waterway impacts. The 41-mile pipeline reroute aims to address environmental concerns while meeting state and federal standards.
Sinopec, Aramco Begin Construction on $10 Billion Refinery-Petrochemical Plant in China
Sinopec and Saudi Aramco have begun constructing a $10 billion refinery and petrochemical complex in Fujian, China. The project, set to become operational by 2030, highlights growing cooperation between the two energy giants and will significantly boost petrochemical production in the region.
ADNOC Gas to Acquire $5 Billion Stake in Ruwais LNG, Doubling Capacity by 2028
ADNOC Gas will acquire a $5 billion, 60% stake in Ruwais LNG, doubling its processing capacity by 2028. The plant, powered by clean grid electricity, will be one of the world’s lowest-carbon intensity LNG facilities.
Sable Offshore Negotiates Pipeline Work Plan with California Regulators
The pipelines, operated by Pacific Pipeline Company, run through the Coastal Zone and have been subject to scrutiny over compliance with the state’s Coastal Act.
North Dakota Approves Summit Carbon Pipeline Permit
North Dakota regulators have approved Summit Carbon Solutions' permit for a carbon dioxide pipeline, advancing plans to transport CO₂ from Midwest ethanol plants to an underground storage site in the state.
Rubio as Trump’s Secretary of State Could Signal Stricter Oil Sanctions on Iran, Venezuela
President-elect Donald Trump's pick of U.S. Senator Marco Rubio for secretary of state could signal stricter enforcement of oil sanctions on Iran and Venezuela, but concerns about retaliation by China could temper any efforts, analysts said on Wednesday.
Ovintiv Expands in Montney with $2.38 Billion Acquisition of Paramount Resources Assets
Ovintiv Inc. announced a $2.38 billion acquisition of oil-rich assets in Canada’s Montney shale, aiming to nearly double its production in the region. The deal, financed by divesting its Uinta Basin assets, aligns with Ovintiv’s strategy to strengthen its North American presence and boost cash flow by $300 million in 2025.
Top U.S. Refiners Return $5.2 Billion to Shareholders in Q3 Despite Slump in Profits
Top U.S. refiners returned $5.2 billion to shareholders in the third quarter through stock buybacks and dividends, maintaining strong payouts even as profits declined. Despite weaker fuel demand and narrowing refining margins, companies like Marathon, Valero, and Phillips 66 upheld their commitment to shareholder returns.
Coterra Expands in Permian with $4 Billion New Mexico Acquisitions, Adds 125 Miles of Pipeline
Coterra Energy Inc. has announced agreements to acquire assets from Franklin Mountain Energy and Avant Natural Resources for a combined $3.95 billion.
Spain's Exolum Tests Using Oil Infrastructure for Green Hydrogen in Britain
Exolum has launched a pilot project in Britain to explore using oil infrastructure for transporting and storing green hydrogen. The project, supported by the British government, uses liquid organic hydrogen carriers (LOHC) to address key challenges in the hydrogen economy, aiming to reduce costs and speed up deployment.
Cadiz to Repurpose Steel from Terminated Keystone XL Pipeline for California Water Project
The steel will join Cadiz’s existing pipeline assets, which include 220 miles acquired from El Paso Natural Gas in 2021. Once operational, this expanded pipeline network will create the largest groundwater bank in the Southwest.
Investment Firm Aethon Explores Options for $10 Billion U.S. Natural Gas Assets, Sources Say
U.S.-based investment firm Aethon Energy Management is considering options for its natural gas assets valued at around $10 billion, according to sources. Aethon’s portfolio, primarily focused on the Haynesville shale, positions the firm as one of the largest privately held gas producers in the U.S.
Crown LNG Races to Develop and Start Texas LNG Plant Before Trump's Term Ends in 2029
Crown LNG aims to complete a Texas-based LNG export plant before President Trump’s term concludes in 2029, with a focus on expediting offshore development to streamline regulatory approval.
Acciona, RCM to Construct $230 Million Breakwater for Italy’s Ravenna LNG Terminal
Acciona and RCM will construct a $230 million breakwater for Italy's Ravenna LNG terminal, enhancing protection for the offshore facility managed by Snam. Completion is expected in early 2025.
Cheniere Study Shows Lower GHG Emissions in Updated LNG Life Cycle Analysis
Cheniere Energy recently published an updated life cycle assessment of greenhouse gas emissions tied to its liquefied natural gas operations, incorporating new data from its supply chain.
Norway to Acquire Full Control of Gas Pipeline Network in $1.6 Billion Government Deal
Norway has agreed to a $1.6 billion buyout with seven private owners to nationalize most of its gas pipeline network, enhancing government control over the key energy infrastructure.
Pipeline Explosion at PDVSA Facility in Venezuela’s Monagas Region Causes Injuries
A pipeline explosion at a natural gas complex in Venezuela’s eastern Monagas state has left several people injured, causing outages and halting operations. The blast, which resulted in a fire, damaged pipelines and equipment at the PDVSA-operated facility.
First Renewables Begins Flow of Renewable Gas in New Zealand Pipeline
New Zealand's gas infrastructure reached a significant milestone with the launch of renewable gas flowing through a Firstgas pipeline, marking the country's first-ever use of biogas for residential and commercial users.
WhiteWater Reaches FID on 170-Mile, 1.75 Bcf/d Pelican Pipeline to Serve Louisiana’s Gillis Hub
WhiteWater has announced it will proceed with constructing the Pelican Pipeline, a major natural gas line stretching 170 miles from Williams, Louisiana, to the Gillis Hub near Ragley, Louisiana.
Kenya, Uganda Reviving Oil Products Pipeline Effort
Kenya and Uganda have begun negotiations on the possible revival of the stalled refined oil pipeline extension project from Eldoret in western Kenya to Uganda’s capital Kampala, where a new dedicated terminal receipt facility is be constructed.
Mid-Michigan Pipeline Completion Bolsters Natural Gas Reliability Across Five Counties
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.
TC Energy's Profit Surpasses Estimates, Driven by U.S. Gas Pipeline Demand
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 Exceeds Q3 Profit Estimates on Higher Revenue, Boost from Transco Pipeline
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 Receives 16 Bcf/d Natural Gas Requests Amid Growing Data Center, Power Needs
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.
Sempra's Port Arthur LNG Phase 2 Progressing Faster Than Cameron LNG Expansion, CFO Says
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 Approve Venture Global to Introduce Natural Gas at Louisiana LNG Plant
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.
Texas GulfLink Project Gets EPA Backing for Crude Export Hub off Texas Coast
The U.S. Environmental Protection Agency (EPA) has given its nod to the Texas GulfLink (TGL) Deepwater Port Project, a venture proposed by Texas GulfLink Holdings, a subsidiary of Sentinel Midstream LLC, intended to facilitate crude oil exports from the U.S. coast.
Exxon Mobil to Sell Argentina's Vaca Muerta Assets to Pluspetrol
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.
Argentina's New Pipeline to Boost Domestic Gas Supply, Eye Export
Argentina launched the Northern Natural Gas Pipeline to enhance domestic supply from the Vaca Muerta shale field, aiming to end reliance on Bolivian imports and potentially enable exports to nearby countries.
Another Major U.S. Oil Refinery Shutting Down as Lyondell Confirms Houston Closure
LyondellBasell Industries plans to permanently close its 263,776 bpd Houston refinery in early 2025, citing long-term shifts in fuel demand amid rising renewable energy and electric vehicle adoption. The closure adds to a wave of U.S. refinery shutdowns as the industry adapts to changing market conditions.

- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again
- U.S. Oil Inventories at Cushing Storage Hub Drop to Lowest in a Decade
- AGDC and Glenfarne to Develop $44 Billion Alaska LNG Project, Including 807-Mile Pipeline
- Plains All American Launches Year's First M&A Bond with $1 Billion Offering