North America

Gulf Coast CCUS Draws New Entrants as Projects Advance

The carbon capture, utilization and storage (CCUS) industry on the U.S. Gulf Coast is evolving as projects slowly progress and new players move in. Their entry could help spur development of the industry, which is already advanced on the Gulf Coast, compared with most other parts of the world, except for the North Sea.

Mexican President: Billionaire Slim Interested in Pemex Natural Gas Project

Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.

New Fortress to Begin LNG Production at Mexico Plant by the End of June

New Fortress Energy said on Friday it expects to start production of LNG at its offshore Altamira-based plant in Mexico in the next ten days and would begin shipping the gas in July.

Phillips 66 to Sell 25% Stake in Rockies Pipeline for $1.28 Billion to Tallgrass Energy Unit

Phillips 66 said it would sell its 25% stake in the 1,714-mile Rockies Express Pipeline (REX) for about $1.28 billion to Tallgrass Energy.

API Sues in Federal Court to Block Biden's EV Emission Rules

The nation's largest oil trade group, which includes ExxonMobil and Chevron, filed a federal lawsuit on Thursday seeking to block the Biden administration's efforts to reduce planet-warming emissions from cars and light trucks and encourage electric vehicle manufacturing.

FTAI Infrastructure Partners with Aramco Trading to Boost Oil Supply to Texas Terminal

FTAI said the subsidiary, Jefferson Energy, would receive additional supply of crude oil at its terminal in Beaumont by incorporating bi-directional flow capability into its Southern Star Pipeline, which currently moves crude oil from the Main Terminal to the Motiva Port Neches Terminal.

OPEC Sees No Peak in Long-Term Oil Demand, Secretary General Says

OPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116 million barrels a day by 2045, and may be higher, the secretary general said on Thursday.

Editor’s Notebook: Permian’s New Kid on the Block?

As the 580-mile Matterhorn Express prepares to go into service next quarter, a new long-haul gas pipeline is looking to step forward as the next major Gulf Coast midstream project.

BP's Archaea Energy and Republic Services Launch Indiana RNG Facility

Archaea Energy and Republic Services have started operations at their Indiana RNG facility, leveraging AMD technology to convert landfill gas into renewable natural gas (RNG).

NextDecade, Saudi Aramco Ink 20-Year LNG Supply Deal

U.S. liquefied natural gas provider NextDecade has signed a non-binding agreement with Saudi Aramco to supply 1.2 million tonnes per annum (MTPA) of LNG for 20 years, the companies said on Thursday.

Trans Mountain Pipeline Operating at 80% Capacity, Sets to Load 22 Tankers in Vancouver

Twenty-two oil tankers are scheduled to load this month in Vancouver with crude from the expanded Trans Mountain pipeline, which is running around 80% full with a "little bit" of spot capacity also being used, a Trans Mountain executive said on Wednesday.

Arizona Utility Regulators Overturn Committee Decision, Approve Black Mountain Gas Expansion Project

This ruling permits the construction of new gas power plants in Arizona without the explicit review of environmental impacts and customer costs.

FERC Approves Mountain Valley's $7.85 Billion Virginia Gas Pipeline, Operations Set to Begin Soon

Mountain Valley can begin operating its $7.85 billion Virginia natural gas pipeline after receiving approval from the U.S. Federal Energy Regulatory Commission (FERC), according to a filing on Tuesday.

U.S. Senate Confirms Rosner, Democrat, as FERC Member

The U.S. Senate on Wednesday confirmed David Rosner, a Democrat, as a member of the Federal Energy Regulatory Commission, and is slated to vote on the remaining two nominees this week.

Matador Acquires EnCap-backed Ameredev Unit for $1.91 Billion, Expanding Permian Oil Assets

U.S. oil and gas producer Matador Resources said on Wednesday it would add oil and natural gas producing assets and undeveloped acreage in the Delaware basin in a $1.91 billion cash deal for a unit of Ameredev II Parent.

Quality Concerns on Trans Mountain Pipeline May Impact Canadian Oil Flows to U.S. West Coast Refiners

U.S. oil refiners and West Coast traders are flagging concerns about the quality of crude shipped on the newly completed Trans Mountain pipeline expansion (TMX), warning that high vapor pressure and acidity limits could deter purchases of Canadian heavy barrels.

Mountain Valley Pipeline Startup Approval Leads to 2% Drop in U.S. Natural Gas Prices

U.S. natural gas futures slid about 2% on Wednesday on expectations the startup of the Mountain Valley Pipeline will soon allow more cheap gas from the Appalachia shale basin to flow to markets.

Clean Energy Expands Boron LNG Plant Capacity in California

Clean Energy Fuels Corp. has completed the construction of a third production train at its liquefied natural gas (LNG) plant in Boron, California, boosting the plant’s volume capacity by 50 percent.

Mexico's Proven Crude Oil Reserves Fall as Natural Gas Reserves Rise

Mexico's proven crude oil reserves have fallen though proven natural gas reserves increased, resulting in an increased total for hydrocarbon reserves, the country's regulator said on Tuesday in its annual update for 2024.

Canada Backs Landfill-to-Energy Project with Second Carbon Price Guarantee Deal

The Canada Growth Fund, a federal clean-tech financing agency, on Tuesday signed its second deal to backstop carbon prices with a proposed Alberta facility that would convert landfill waste to electricity and sequester the resulting carbon emissions.

U.S. to Purchase 6 Million Barrels of Oil for Strategic Petroleum Reserve

The U.S. Department of Energy’s Office of Petroleum Reserves has unveiled two new solicitations totaling 6 million barrels of oil for delivery to the Strategic Petroleum Reserve’s Bayou Choctaw site from September through December.

Oil Prices Extend Rally on Prospects of U.S. Crude Purchase for Reserve

Oil prices rose on Tuesday, extending the previous day's rally on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, though gains were capped by a firmer dollar.

U.S. Orders Venture Global LNG to Provide Customers with Documents on Plant Issues

A U.S. regulator on Monday ordered liquefied natural gas developer Venture Global LNG to provide customers with documents about the mechanical problems and startup of a Louisiana plant.

Phillips 66 Announces Open Season for Blue Line NGL Transport

Phillips 66 has launched a binding open season to solicit shipper commitments for services from Wichita, Kansas, to Jefferson City, Missouri, and East St. Louis, Illinois, on its Blue Line System.

Peoples Natural Gas, H Quest, and University of Pittsburgh Collaborate on Hydrogen Energy Project

Learn how Peoples Natural Gas, H Quest, and the University of Pittsburgh are collaborating on a pioneering project to produce zero-emission hydrogen energy at scale in Western Pennsylvania.

Kinder Morgan Launches Open Season for Texas-to-Arizona Pipeline Expansion

SFPP, a subsidiary of Kinder Morgan Inc., has announced the launch of a binding open season to solicit commitments to support a proposed expansion of the East Line portion of its pipeline system from El Paso, Texas to Tucson, Arizona.

Mountain Valley Pipeline Nears Completion, Seeks FERC Approval for June 11 Start

The company reported in a filing with the Federal Energy Regulatory Commission (FERC) that the final segments of the project were undergoing final preparations, including purging and packing with natural gas.

Noble Corp. to Acquire Diamond Offshore for $1.6 Billion to Bolster Fleet

Offshore rig contractor Noble said on Monday it would buy smaller rival Diamond Offshore Drilling in a cash-and-stock deal valued at $1.59 billion, the latest in a series of buyouts in a sector undergoing massive consolidation.

Oil Prices Slip as U.S. Dollar Strengthens on Jobs Data

Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday.

Enbridge Gas to Cut Emergency Response Shifts in Toronto, Labor Union Says

Canadian labor union Unifor said on Friday that Enbridge's gas unit wants to cut its emergency response shifts in Toronto, amid an emphasis on curtailing costs.