Middle East
Aramco JV to Develop Blue Hydrogen Network, Support CCS in Saudi Arabia
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.
U.S. Slaps Iran-Related Sanctions on Oil Tankers, China 'Teapot' Refinery
The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports, including what the State Department said were the first U.S. measures targeting a Chinese "teapot refinery" processing the crude.
Qatar to Supply Gas to Syria Through Jordan with U.S. Approval, Sources Say
Qatar is set to provide Syria with gas via Jordan to improve the nation's meagre electricity supply and boost Syria's new rulers, according to three people familiar with the matter, in a move that a U.S. official said had Washington's approval.
After U.S. Blocks Iraq-Iran Power Trade, Baghdad Turns to Qatar, Oman for Gas Supply
After the U.S. blocked Iraq's imports of electricity from Iran, Baghdad is seeking alternative gas supplies from Qatar and Oman to mitigate potential energy shortages.
Iraqi Kurdistan Oil Exports Still Blocked After Failed Talks
Talks to resume Iraqi Kurdistan oil exports to Turkey ended without a deal, despite U.S. pressure to restart flows amid global supply concerns.
Turkey Wants Iraq-Turkey Oil Pipeline Flowing at Maximum Capacity
Turkey wants an Iraq-Turkey oil pipeline to operate at maximum capacity once it resumes flows through Turkey's Ceyhan, Turkish Energy Minister Alparslan Bayraktar was quoted as saying by the state-owned Anadolu news agency on Sunday.
Spain's Endesa Faces New LNG Arbitration Over Price Dispute
Spanish power utility Endesa is facing a new arbitration related to a price review of a long-term liquefied natural gas (LNG) supply contract, Chief Financial Officer Marco Palermo said on Thursday.
ADNOC, Osaka Gas Sign 15-Year LNG Supply Deal for Ruwais Project
Abu Dhabi National Oil Company said on Thursday it had signed a 15-year sales and purchase agreement to supply Japan's Osaka Gas with liquefied natural gas from its Ruwais project.
Thirst for LNG Could Bolster Expansion in Europe, Elsewhere
Europe is taking major steps to expand its gas pipeline networks to support gas flows from new LNG terminals. Germany, for instance, is planning to add 355 miles of pipeline over the next few years to accommodate new LNG imports, almost all of which will be high-capacity pipe, with diameters of 39 inches or greater.
Shell: Global LNG Demand to Jump 60% by 2040, Led by Asia
Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
Iraq to Submit Updated Plan for OPEC+ Overproduction Compensation
Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for any overproduction in previous periods, according to a statement from the Iraqi oil ministry.
Leviathan Partners Eye $2.4 Billion Expansion to Boost Gas Production, Exports
Partners in the Israeli Leviathan offshore natural gas project have submitted a multibillion-dollar plan with the government to significantly expand the field and boost production, one of the partners in the group said on Sunday.
Trump's 10% Oil Tariff Could Cost Foreign Producers $10 Billion Annually, Goldman Sachs Says
Goldman Sachs said on Friday a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on U.S. refiners due to limited alternative buyers and processing capabilities.
CPC Blend Oil Loadings Rise to 1.67 Million bbl/d for February, Sources Say
Black Sea CPC Blend oil exports were revised up to 1.67 million barrels per day (bbl/d) in February's program from 1.42 million bbl/d in a previous version due to higher supply from Kazakh oilfields, two sources familiar with the loading plan said.
U.S. Pressures Iraq to Restart Kurdish Oil Exports Amid Iran Sanctions
U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran, eight sources with direct knowledge of the matter told Reuters.
ADNOC Gas Secures 14-Year LNG Supply Deal with Indian Oil
ADNOC Gas has signed a 14-year agreement with Indian Oil to supply up to 1.2 million tonnes per annum of liquefied natural gas (LNG). The deal, valued between $7 billion and $9 billion, will begin deliveries in 2026.
Oman Signs 10-Year LNG Supply Deal with Switzerland’s Mercuria
Oman LNG has entered into a ten-year liquefied natural gas (LNG) supply agreement with Mercuria Energy Group, a Swiss-based energy and commodities trading firm.
Kurdistan Region to Resume Oil Exports Next Week, says Iraqi Minister
Oil exports from the semi-autonomous Kurdistan region will resume next week, Iraq's oil minister said on Monday, resolving a near two-year dispute as ties between Baghdad and Erbil improve, potentially adding more supply to the oil market and weighing on prices.
TotalEnergies, ENI Sign Agreement to Export Cyprus Block 6 Gas Through Egypt
TotalEnergies and ENI, partners in Cyprus offshore Block 6 (TotalEnergies 50%, ENI 50% operator), have signed a Host Government Agreement (HGA) with Egypt and the Republic of Cyprus related to the development of Block 6 gas resources.
How LNG Will Fuel Global Energy Evolution at Scale
LNG is a key enabler of the global transition to a decarbonized energy system. It will play a pivotal role as companies move from coal and oil to cleaner energy sources.
ADNOC Secures 5-Year LNG Supply Deal with India’s BPCL
ADNOC will supply 2.5 million tons of LNG to Bharat Petroleum Corp. over five years, with deliveries starting in April. The deal will be formalized during India Energy Week, alongside a separate 15-year LNG agreement with Indian Oil Corp.
Pakistan May Renegotiate LNG Deal with Qatar in 2025
Pakistan’s LNG agreement with Qatar includes a clause allowing renegotiation in 2025, but no decision has been made, according to the country’s petroleum minister.
Iraq Approves Compensation Plan to Resolve Kurdistan Oil Dispute
Iraq’s parliament on Sunday approved a budget amendment to subsidize production costs for international oil companies operating in the semi-autonomous Kurdistan region in a move aimed at unblocking northern oil exports, lawmakers said.
ADNOC Gas Secures $450 Million LNG Supply Deal with JERA
ADNOC Gas has signed a $450 million three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets, reinforcing its long-standing energy partnership with Japan.
Global News February 2025
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
Construction Report: Trump Policies, Thirst for LNG Could Bolster Expansion
While the global thirst for LNG continues to drive pipeline construction globally, the real questions for the new year concern a second Donald Trump presidency in the United States. Early analysis from those in the industry suggest the change of administration will be good for midstream.
Snam to Sell Stake in ADNOC Gas Pipelines to Abu Dhabi’s Lunate Investment Fund
ADNOC Gas Pipelines has lease rights to 38 pipelines covering a total of 982 kilometers (610 miles) across the United Arab Emirates.
Aramco CEO Projects 1.3 Million bbl/d Oil Demand Growth in 2025
Saudi oil giant Aramco's CEO Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day of demand this year.
Russia Plans Up to 55 Bcm of Gas Exports to Iran Annually, Putin Says
Russia may supply up to 55 billion cubic meters (Bcm) of gas per year to Iran, Russian President Vladimir Putin said on Friday, as Moscow diversifies its gas flows after a dramatic fall in exports to Europe.
Strohm Wins 20-Mile Pipe Contract for Saudi Aramco Fadhili Expansion
Strohm, a thermoplastic composite pipe (TCP) manufacturer, has secured a contract to supply 33 kilometers (20.5 miles) of its TCP flowline for Saudi Aramco’s Fadhili gas plant in Saudi Arabia.
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
