North America
U.S. Natural Gas Prices Jump 9% on Colder Forecast, Sanctions Worries
U.S. natural gas futures jumped about 9% on Monday on forecasts for colder weather and higher heating demand next week and worries about supplies from Canada related to U.S. President Donald Trump's sanctions.
ArcLight Acquires Stake in 500-Mile Gulf Coast Express Pipeline from Phillips 66 for $865 Million
Following the deal, Gulf Coast Express Pipeline will be jointly owned by subsidiaries of Kinder Morgan and ArcLight, with Kinder Morgan remaining the operator. The pipeline is a key outlet for Permian Basin gas, supplying the U.S. Gulf Coast and South Texas’ growing LNG market.
Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
President Donald Trump’s recent executive order has revived discussions about the 1,200-mile Keystone XL pipeline, a long-debated oil project that has faced political and environmental scrutiny.
Mexico's Pemex, Billionaire Carlos Slim Renegotiate Lakach Gas Deal
Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources familiar with the matter told Reuters.
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.
ONEOK Completes EnLink Midstream Acquisition, Expands Value Chain
ONEOK Inc. has completed its acquisition of EnLink Midstream LLC, strengthening its integrated midstream operations and diversifying its platform. The transaction was approved by EnLink unitholders at a special meeting on Jan. 30.
Japan Considers Backing 800-Mile Alaska LNG Pipeline to Strengthen U.S. Ties
Japan has doubts about the viability of the proposed 800-mile pipeline because of the overall costs of the gas relative to other sources. But it is prepared to offer to explore a deal if asked, the officials said.
Japan's Energy Security to Benefit from Increased U.S. LNG, JERA Says
Japan's energy security will benefit from U.S. President Donald Trump's push to increase LNG production, an executive at JERA, Japan's top LNG buyer, said on Friday, while allowing the company to diversify its suppliers.
Changes Underfoot in the Appalachian Basin
Local and regional leaders in the oil and natural gas industry continue to see great potential for growth in the Marcellus Shale and Utica Shale formations of the Appalachian Basin.
Baker Hughes Secures LNG Equipment, Services Deal for Venture Global's U.S. Projects
Oilfield services provider Baker Hughes has signed an agreement with Venture Global to support its liquefied natural gas (LNG) projects in the United States with technology and equipment.
Valero Exceeds Q4 Estimates Despite 77% Profit Drop
Refiner Valero Energy beat fourth-quarter profit and revenue estimates on Thursday, helped by lower costs and steady output.
Enterprise, ONEOK Extend Fee Waiver for Midland WTI Transfers Through 2028
Enterprise Products Partners and ONEOK Inc. have extended their fee waiver for crude oil transfers between the Enterprise Crude Houston (ECHO) and ONEOK East Houston (MEH) terminals through Dec. 31, 2028.
Venture Global Nears Completion of Calcasieu Pass Power Plant Repairs
Venture Global LNG could finish power generator repairs by the end of February, a federal inspection report said on Wednesday, potentially clearing the way for the almost three-year commissioning of the Calcasieu Pass LNG plant to reach completion.
Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
A New York court has ruled in favor of Energy Transfer, rejecting fraud and breach of contract claims brought by Goldman Sachs and Canadian investors. The plaintiffs had sought $150 million in damages, plus interest, from an affiliate of the Dallas-based energy giant.
Natural Gas Electricity Generation in Pennsylvania Doubles in 10 Years, EIA Reports
Electricity generation using natural gas has more than doubled in Pennsylvania since 2013, driven by a shift toward clean energy, the U.S. Energy Information Administration (EIA) said on Wednesday.
Chevron to Build Gas Plants for AI Data Centers Amid Energy Boom
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.
Mexico Plans to Double Gas Storage Capacity Amid Trump Supply Fears
Mexico's government is looking to speed up plans to double its strategic natural gas storage capacity amid concern that U.S. President Donald Trump could use the country's dependence on U.S. gas as some form of leverage, three sources familiar with the matter said.
Venture Global Approved to Introduce Gas at Plaquemines LNG as Output Grows
Federal regulators on Tuesday gave Venture Global LNG permission to introduce natural gas into the seventh block of its Plaquemines plant in Louisiana as the company continues to ramp up production of the superchilled gas.
NFE's Mexico LNG Plant Operating 20% Above Capacity, Company Says
A floating liquefied natural gas (LNG) plant operated by U.S. energy firm New Fortress Energy off Mexico's coast is producing at 20% above its capacity, and the company has shipped nine cargoes from the facility since August, it said on Tuesday.
Stonehenge, UGI Complete $120 Million Acquisition of Pennsylvania Gas Gathering Systems
Superior Appalachian operates three natural gas gathering systems in Pennsylvania—Pittsburgh Mills, Snow Shoe, and Brookfield. These systems collectively handle approximately 190 million cubic feet of natural gas per day.
CNX Finalizes $505 Million Acquisition of Apex Energy Assets in Appalachian Basin
CNX Resources Corp. has completed its $505 million acquisition of Apex Energy II LLC’s natural gas upstream and midstream assets in the Appalachian Basin.
Freeport LNG Restores Texas Plant Operations After Power Outage
Freeport LNG on Monday said its plant at Quintana Island, Texas, returned to full operations following an outage last week caused by unstable power from its provider Center Point Energy.
For Midstream, Welcome Trump Regulatory Changes Afoot
Last July 24, the five commissioners of the Federal Energy Regulatory Commission (FERC) journeyed up to the House Energy and Commerce Committee for what could have been a difficult hearing. The committee was controlled by Republicans.
EIA Projects Rising U.S. Natural Gas Prices Amid Growing LNG Demand
The U.S. Energy Information Administration (EIA) expects wholesale natural gas prices to rise in 2025 and 2026 as demand outpaces supply, largely driven by increased exports from liquefied natural gas (LNG) facilities.
U.S. LNG Production Growth Expected to Aid India, Says Petronet LNG CEO
An increase in LNG production in the United States after President Donald Trump ended a moratorium on new export permits should benefit consuming nations like India, the chief executive of the country's top gas importer said on Monday.
Diversified Energy Strikes $1.3 Billion Deal for Maverick in Permian Basin Expansion
U.S.-based Diversified Energy said on Monday it will buy private equity-owned Maverick Natural Resources for $1.28 billion, including debt, to expand into the oil and gas-rich Permian Basin, sending its shares up 4.3%.
FERC Reinstates Certificate for Williams' Transco Pipeline's Expansion Project
The U.S. energy regulator has reinstated the certificate for Williams Companies' Transcontinental Gas Pipe Line (Transco) on Friday, the company said on Monday, which would allow the expansion of the project.
Former Golden Pass LNG Contractor Zachry Set to Emerge From Bankruptcy by March
The Texas construction contractor that last year quit the Golden Pass liquefied natural gas plant project, a joint venture between QatarEnergy and Exxon Mobil, could exit Chapter 11 bankruptcy before April, the company said on Jan. 24.
Louisiana’s Argent LNG Inks Deal to Supply 5 Million Tons of LNG Annually to Bangladesh
Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a deal with the government of Bangladesh to purchase up to 5 million metric tons of LNG annually.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Gazprom’s Grandeur Fades as Europe Moves Away from Russian Gas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
