North America

Cheniere's Reduced Output Leads to Decline in U.S. LNG Demand

There was a significant decline on Tuesday in the amount of U.S. natural gas being liquefied for export with a drop in demand from Cheniere Energy's Corpus Christi plant in Texas and its Sabine Pass operation in Louisiana, according to data from financial firm LSEG.

Canada's Indigenous Community Eye Big Energy Deals, Await Trudeau Loan Promise

Canada's First Nations are eyeing their biggest opportunities yet to invest in multi-billion-dollar energy projects such as pipelines, hinging on Prime Minister Justin Trudeau keeping a promise this spring to make the deals easier to finance.

Nopetro Renews Florida's Energy Landscape with Landfill Gas-to-RNG Facility

Nopetro Renewables has announced that it broke ground on Southern Florida's first landfill gas to renewable natural gas (RNG) facility in Indian River County.

Trans Mountain to Finish Final Segment of Oil Pipeline Expansion in April

Trans Mountain will finish building the final segment of its Canadian oil pipeline expansion in April, according to a construction schedule the corporation filed on Monday with a regulator.

SLB to Buy ChampionX for $8 Billion in Growing Deal-Making in U.S. Energy Sector

Top oilfield services company SLB said on Tuesday it will buy smaller rival ChampionX in an all-stock deal valued at $7.75 billion, amid growing consolidation in the North American energy sector.

Mitsubishi Invests in EIG's LNG Company MidOcean Energy

Japanese trading house Mitsubishi has agreed to invest in MidOcean Energy, an LNG company owned by U.S. investment firm EIG, MidOcean said on Tuesday without giving details of the deal.

U.S. March LNG Exports Flat as Freeport Plant Woes Continue

U.S. exports of LNG fell slightly in March to 7.61 million metric tons (MT) from 7.73 MT in February as production of the superchilled gas from the country's second largest exporter remained constrained, preliminary data from financial firm LSEG showed on Monday.

Summit Midstream Launches Open Season on Natural Gas Pipeline

Pipeline operator Summit Midstream Partners on Monday launched a non-binding open season to gauge interest for services of a natural gas pipeline running from the Delaware Basin in New Mexico and Texas to the Waha hub in West Texas.

Pembina Pipeline Completes Enbridge Interest Acquisition, Boosts 2024 Guidance

Pembina Pipeline Corp. has finalized its acquisition of Enbridge’s interest in the Alliance, Aux Sable, and NRGreen joint ventures.

Canada Rejects Investment in LNG Facilities, Emphasizes Private Sector Role

Canada is not interested in subsidizing future LNG projects, including electrification of projects currently in the works, Energy and Natural Resources Minister Jonathan Wilkinson said in a television interview on Sunday.

Kimmeridge Ready to Negotiate Proposed Offer for SilverBow After Rebuff

Kimmeridge Energy Management said on Monday it remained ready to engage with SilverBow Resources over its takeover bid, days after the U.S. oil and gas producer rejected the latest offer that valued it at $2.1 billion including debt.

Moldova Diversifies Gas Supply, Purchases U.S.-Origin LNG from Greece for Consumers

Moldova's domestic gas supplier Energocom said it will supply its consumers with test volumes of U.S.-origin LNG for the first time on Monday and Tuesday.

SLB to Acquire Majority Stake in Aker Carbon Capture for $380 Million

SLB and Aker Carbon Capture will combine technology portfolios, expertise and operations platforms to bring carbon capture solutions to market more quickly and more economically.

INGAA Commends House Leaders for Advancing Pipeline Safety Bill

Amy Andryszak, president and CEO of INGAA, commended the U.S. House of Representatives Committee on Energy & Commerce for its progress in advancing the Pipeline Safety, Modernization, and Expansion Act of 2024.

XCL Resources Seeks FTC Approval for Altamont Energy Acquisition

The application seeks approval from the agency for its proposed acquisition of Altamont Energy, LLC, an oil and gas operator in Utah's Uinta Basin region.

Colonial Pipeline Delays Shutdown of Baltimore Segment After Bridge Collapse

Colonial Pipeline will delay the shutdown of a small, underutilized section of its pipeline system that delivers fuel to North Baltimore from April 1 to May 1, according to a notice to shippers seen by Reuters.

New Jersey Residents 'Overwhelmingly' Prefer Natural Gas to Heat Homes, Survey Finds

A recent public opinion survey conducted by Affordable Energy for New Jersey indicates that the majority of New Jersey residents strongly favor natural gas as their preferred energy source for heating homes and powering appliances.

API Releases New Standard for Public Engagement in Pipeline Operations

The standard, titled API Recommended Practice (RP) 1185, Pipeline Public Engagement, aims to foster proactive, inclusive, and collaborative communication throughout the lifecycle of pipeline construction and operation.

EnCap Investments Plans Sale of Utah Oil Producer XCL Resources, Sources Say

EnCap Investments is looking to sell XCL Resources, two years after the private equity firm's plan to combine the oil and gas producer with a local rival was thwarted by U.S. antitrust regulators.

Biden Administration Buys Oil for Emergency Reserve Above Target Price

The Biden administration on Wednesday awarded contracts to buy 2.8 million barrels of oil for the government's emergency reserve for more than $81 a barrel, $2 above the target purchase price.

Hydrogen Industry Urges Streamlined Process for U.S. Tax Credits

Some companies planning to use new U.S. tax credits to deploy hydrogen projects urged the Treasury Department this week to ease proposed environmental requirements, warning that they could hinder the nascent industry’s takeoff.

New U.S. Rules Aim to Curb Leaks from Oil and Gas Drilling on Public Lands

The policy complements efforts the Biden administration has made at other agencies to reduce emissions of methane, a potent greenhouse gas that tends to leak from drill sites and pipelines.

Colonial Pipeline Freezes Nominations on Baltimore Section Amid Port Shutdown

The Colonial Pipeline Company on Tuesday paused nominations to ship fuel on cycles 15 and 16 on Line 32, which delivers products to its Curtis Bay facility in the port of Baltimore, according to a notice seen by Reuters.

Takeaway on Upswing in Permian, Haynesville

According to Pipeline & Gas Journal’s recent construction report a total figure of 19,832 miles of pipeline either planned or under construction in North America.

CPS Energy to Acquire Gas Plants from Talen Energy for $785 Million

Utility firm CPS Energy said on Wednesday it would buy natural gas plants in Corpus Christi and Laredo in Texas from Talen Energy for $785 million.

Osaka Gas Expects Minimal Impact from Freeport LNG Partial Shutdown

Japan's Osaka Gas expects to see little impact on its balance of supply and demand for LNG from a partial shutdown of U.S. Freeport LNG's facilities, the president of the city gas provider said on Wednesday.

U.S. Opposes Pakistan-Iran Gas Pipeline Project, Warns of Sanctions

The U.S. said on Tuesday it does not support a Pakistan-Iran gas pipeline project from going forward and cautioned about the risk of sanctions in doing business with Tehran.

Phillips 66 Explores Sale of Stake in 1,700-Mile REX Pipeline, Sources Say

U.S. oil refiner Phillips 66 is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than $1 billion, including debt, people familiar with the matter said on Tuesday.

Elliott Accepts Phillips 66's Performance Goals, CEO Lashier Says

Activist investor Elliott Investment Management has accepted the performance improvement plan that U.S. oil refiner Phillips 66 laid out to boost shareholder returns and share price, Chief Executive Mark Lashier said in an interview on Tuesday.

Exxon, JERA to Partner on U.S. Hydrogen Production Project

Exxon Mobil has entered into an agreement with JERA, Japan's top power generator, to jointly explore the development of a low-carbon hydrogen production project in the United States.