Infrastructure

FTC Set to Greenlight Chevron's $53 Billion Buy of Oil Rival Hess, Sources Say

The U.S. Federal Trade Commission is expected to greenlight Chevron’s $53 billion acquisition of Hess this week, according to sources. While FTC approval is near, Exxon Mobil’s legal challenge over Hess’s Guyana assets remains a key hurdle, with a decision expected by mid-2025.

Diamondback, Kinetik Acquire 30% Stake in EPIC’s 800-Mile Crude Oil Pipeline

EPIC Crude is an 800-mile crude oil pipeline system that connects the Delaware, Midland Basin, and Eagle Ford supply to EPIC's 3.4 million barrel Robstown Terminal near Corpus Christi.

Tanker Departs Venture Global’s Louisiana Plaquemines LNG Export Plant as Facility Nears Production

The tanker docked for the past month at U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana had left by Tuesday morning, according to data provider LSEG.

Dutch Urge Tougher Sanctions as Russian LNG Imports Surge

Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions, the Dutch government said on Monday.

Eskom, Sasol Team Up to Explore LNG as South Africa Seeks Cleaner Energy

South African petrochemicals company Sasol and state power utility Eskom said on Friday they had agreed to jointly explore ways the country could use liquefied natural gas (LNG).

Kimmeridge to Reduce Stake in Louisiana LNG Project to 51% After FID, CEO Says

Energy investment firm Kimmeridge Energy Management plans to reduce its stake in a Louisiana liquefied natural gas (LNG) export project to 51% down from 100% after it reaches FID next year.

Carlyle-backed Crescent Midstream to Develop $1 Billion Carbon Capture Project in Louisiana

Oil pipeline firm Crescent Midstream, which is backed by investment firm Carlyle Group, said it would jointly develop and construct a carbon capture and storage project in Lake Charles, Louisiana.

Kiewit, Venture Global LNG Settle Dispute Over Alleged Disclosure of Confidential Info to Shell

Construction contractor Kiewit on Thursday said it has settled a lawsuit with LNG developer Venture Global LNG over disclosures to Shell of information on the Calcasieu Pass LNG plant, the president of Kiewit Energy said.

Glencore Signs 20-Year LNG Supply Deal with Commonwealth LNG, Kimmeridge

Commodities giant Glencore has signed a non-binding agreement to buy 2 million tonnes per annum of liquefied natural gas from Commonwealth LNG along with equivalent natural gas supply from Kimmeridge Texas Gas.

Argentina's Reversion del Norte Pipeline Project Nears Completion After Successfully Crossing River

Argentina's 93-mile Reversion del Norte pipeline has overcome significant delays, reaching a key milestone by crossing the Tercero River. The project, crucial for gas supply to northern Argentina and exports to Bolivia and Brazil, is now on track for completion in late 2024.

Bayou Midstream II Secures Equity Backing from EIV Capital to Expand U.S. Infrastructure

Bayou Midstream II has announced an equity commitment from EIV Capital, LLC following their successful partnership for Bayou Midstream LLC (Bayou I).

Apollo Strikes $1 Billion Deal to Fund BP's Stake in Trans Adriatic Pipeline

Apollo Global Management has signed a $1 billion deal with British energy major BP to fund its stake in the Trans Adriatic natural gas pipeline.

Russia Approves Fuel Pipeline Project in Congo with 90% Stake

Russia has tentatively agreed to the construction of a fuel pipeline in the Republic of Congo, according to a government decree published late on Monday. The pipeline will link the western port of Pointe-Noire to the capital Brazzaville.

Woodside Energy Eyes Partners for Driftwood LNG, CEO Says

Woodside Energy is in discussions with onshore U.S. gas producers, pipeline companies and companies that share its outlook and view of liquefied natural gas to partner with its Driftwood LNG project, company CEO Meg O'Neill said on Monday.

Wood to Design DeLa Express Gas Pipeline Linking Texas to Louisiana

The 690-mile pipeline project being developed by DeLa Express LLC is proposed to deliver liquids-rich natural gas from the Permian Basin of West Texas to the U.S. Gulf Coast and international export markets.

MT Group Secures Ørsted Contract for CO2 Capture Facility in Denmark

The project will focus on piping and equipment for the Balance of Plant systems at Ørsted’s Kalundborg CO2 Hub.

Enbridge Agrees to Reapply for Key Permit, Stalling Line 5 Tunnel Project

Enbridge has agreed not to use a 2021 permit from Michigan’s Department of Environment, Great Lakes, and Energy (EGLE) for its Line 5 tunnel project and will seek a new permit instead.

Texas LNG Secures Final Investment Decision with New Offtake Agreement

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, has secured enough customer commitments to move forward with its liquefied natural gas (LNG) export terminal project in the Port of Brownsville, Texas.

BlackRock Fund Acquires Stake in Saudi-Bahrain Pipeline from Bapco Energies

A BlackRock-managed fund has bought a minority stake in a pipeline linking Saudi Arabia and Bahrain from Bahrain state oil firm Bapco Energies, the two firms said on Wednesday, as the small Gulf state tries to extract value from its energy assets.

Marathon Detroit Refinery Gains Permit to Increase Crude Processing

Michigan's environmental agency on Tuesday issued a new air permit to Marathon Petroleum covering emissions from its Detroit refinery, which will allow the refiner to boost crude throughput at the plant.

UTulsa Facility Advances Hydrogen Blending Research for Natural Gas Pipelines

U.S. Sen. James Lankford recently toured the University of Tulsa's hydrogen blending research facility, where ongoing studies explore integrating hydrogen into natural gas pipelines to reduce carbon emissions.

Amigo LNG Signs Deal to Supply Oman's OQ Trading from Mexico Facility

The Amigo LNG facility is a large-scale project on Mexico’s west coast, capable of producing 7.8 million tonnes per annum of LNG. It is being developed in partnership with the State of Sonora and the Port of Guaymas.

Pembina Pipeline to Acquire Alberta Midstream Assets from Veren in $295 Million Deal

Canada's Pembina Pipeline said it will buy some infrastructure assets in Alberta Montney from oil producer Veren Inc. for about $295 million, to strengthen its midstream operations.

Pipeline Incident in Missouri Triggers Natural Gas Leak, No Injuries Reported

A natural gas pipeline operated by Southern Star Central Gas Pipeline was struck by a construction crew in Missouri’s Cass County on Sept.6

Texas Regulators Reject Gas Plant Proposal from State Financing Program Over Due Diligence Failures

Texas energy regulators have denied public funding requests for a proposed power plant days after naming the project as a finalist for a new state program aimed at building out natural gas-fired electricity generation, state documents show.

EOG Resources to Increase Utica Shale Activity in Ohio

"The Utica absolutely has the opportunity to be a foundational play," COO Jeff Leitzell said. "If we continue to have the success that we expect to, you can expect us to go ahead now and put more capital there."

Texas Matterhorn Pipeline Begins Gas Flow, Could Boost Waha Prices, Permian Resources Says

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.

Report: U.S. Oil, Gas M&A Nears 2023 High as Focus Shifts from Permian

Nearly $100 billion has been spent by U.S. producers on mergers and acquisitions so far this year, and another $46 billion in assets are currently for sale, according to analysts.

Williams to Add 4.2 Bcf/d of Natural Gas Capacity by 2027

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.

ADNOC Acquires 35% Stake in Exxon’s Texas Hydrogen Plant

Abu Dhabi state oil giant ADNOC will acquire a 35% stake in a planned Exxon Mobil large-scale hydrogen plant in Texas, the companies said on Wednesday.