North America
Chevron Expands Pasadena Refinery to Boost Light Crude Processing Capacity by 15%
Chevron U.S.A. Inc. has completed a retrofit of its Pasadena, Texas refinery, increasing its processing capacity by nearly 15%, bringing it to 125,000 barrels per day. The upgrade enhances the facility's flexibility in refining lighter crudes and aligns with Chevron’s strategy to bolster its Gulf Coast refining system.
DOE Holds Up Louisiana LNG Approvals Pending FERC Reviews
The U.S. Department of Energy said on Tuesday it is not able to complete reviews of two liquefied natural gas projects in Louisiana until an independent regulatory body finishes its environmental assessments.
GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
In a Dec. 5 letter addressed to Governor Hochul, Republican lawmakers from New York and Pennsylvania expressed strong criticism of New York State's decision to block the Northern Access Pipeline, a $500 million natural gas infrastructure project.
Permian Resources Divests Reeves County Gathering Systems for $180 Million
Permian Resources Corp. has agreed to sell its natural gas and oil gathering systems in Reeves County, Texas, to Kinetik Holdings Inc. for $180 million in cash, pending post-closing adjustments.
Kinder Morgan Predicts Higher Profit in 2025 Driven by Natural Gas Pipelines
Kinder Morgan forecast higher earnings for 2025 on Monday as the U.S. pipeline operator bets on growth in its natural gas pipelines and energy transition ventures amid rising demand for the fuel.
U.S. Natural Gas Prices Drop 3% Amid Rising Output, Mild Weather Forecasts
U.S. natural gas futures slid about 3% on Tuesday on rising output, forecasts for milder weather and lower heating demand than previously expected and a decline in the amount of gas flowing to LNG export plants to a one-month low.
Macquarie, Dow Launch $2.4 Billion Gulf Coast Pipeline Infrastructure Partnership
Macquarie Asset Management has announced a new partnership with Dow Inc. to form Diamond Infrastructure Solutions, a venture focused on managing and expanding key U.S. Gulf Coast infrastructure assets, including pipelines, storage, and industrial services.
Ameresco, Republic Services Launch RNG Plant at Illinois Landfill
Ameresco Inc. and Republic Services have begun operations at a renewable natural gas (RNG) facility located at Republic Services’ Roxana Landfill in Edwardsville, Illinois.
SynMax Extends Satellogic Deal to Grow Oil, Gas Insights Platform
SynMax has expanded its partnership with Satellogic Inc., utilizing the satellite imaging company's high-frequency, high-resolution imagery to enhance monitoring of oil and natural gas production across North America.
CryoSys, PIC Americas to Develop 7.2 MTPA LNG Export Facility on Texas Gulf Coast
CryoSys and PIC Americas have entered into an agreement to deliver advanced pretreatment and liquefaction solutions to PIC Americas planned development of a world-class LNG export facility with a minimum capacity of 7.2 million tonnes per annum (MTPA).
BP Seeks Buyers for U.S. Natural Gas Pipeline System Stake, Sources Say
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said.
Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
Energy Transfer has announced a final investment decision (FID) to build the Hugh Brinson Pipeline, a $2.7 billion intrastate natural gas pipeline designed to move Permian Basin production to key Texas markets and trading hubs.
Biden Administration to Release LNG Study by Mid-December
The U.S. plans to issue a study on the environmental and economic effects of liquefied natural gas exports by the middle of this month, a Department of Energy official said on Wednesday.
Matador to Sell Pronto Midstream Stake for $600 Million to San Mateo JV
Matador Resources has agreed to sell its wholly-owned subsidiary, Pronto Midstream, to San Mateo Midstream, a joint venture where Matador holds a 51% stake.
Venture Global Challenges FERC's Call for Additional LNG Environmental Review
Venture Global LNG on Wednesday slammed a U.S. call for an additional environmental review of a proposed Louisiana LNG project as unnecessary, adding that it will be ready to begin construction once the project gets a final go-ahead.
ONEOK Completes NGL Fractionation and Pipeline Expansion Projects
ONEOK Inc. announced the completion of two key natural gas liquids (NGL) infrastructure projects: the MB-6 fractionator in Mont Belvieu, Texas, and the looping of the West Texas NGL Pipeline system.
Woodside Partners with Bechtel for Louisiana LNG Project Development
Australia's Woodside Energy Group said on Thursday it has signed an engineering, procurement and construction contract with U.S. engineering firm Bechtel to develop the Louisiana LNG project.
Shell Completes Sale of Houston-Area Pipeline Assets to Edgewater Midstream
Shell Pipeline Company and its subsidiary Triton West have completed the sale of the Sinco pipeline system and Colex terminal to Edgewater Midstream.
Nut Tree and Caspian Urge Martin Midstream Unitholders to Reject Merger with MRMC
Nut Tree and Caspian Capital argue that MMLP’s merger proposal relies on a "deeply flawed" valuation and disproportionately benefits Ruben Martin III, MRMC's controlling figure, at the expense of unitholders.
Summit Midstream Completes Acquisition of Tall Oak Midstream III
This acquisition significantly boosts Summit’s natural gas portfolio, bringing its balance to about 50% natural gas-focused operations.
Guest Perspective: Canadian LNG Will Not Boost Japan’s Energy Security
(P&GJ) — With LNG Canada set to start up next year, LNG exporters in Canada are racing to build new projects along the country’s western coast. Many are enamored by the prospect of selling the fuel to Asian countries, particularly Japan.
Rising LNG Terminal Costs to Weaken Competitiveness of New U.S. Projects, Analyst Says
Rising construction costs for U.S. LNG export plants, such as Venture Global's Plaquemines and Golden Pass LNG, are expected to reduce the competitiveness of new U.S. projects, analysts at Poten & Partners predict. Increased natural gas demand and a potential rise in prices could further challenge U.S. gas exports.
Biden Administration Disburses Over $100 Billion in Clean Energy Grants as Term Winds Down
U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, a senior administration official said.
Pipeline Operator Enbridge Forecasts Higher 2025 Core Profit on Strong Oil, Gas Demand
Enbridge on Tuesday forecast higher core profit for 2025 as the Canadian pipeline operator expects strong oil and gas demand to lift volumes, sending its U.S.-listed shares up 1% in premarket trading.
U.S. Natural Gas Storage Volumes Highest Since 2016 as Winter Heating Season Starts
The United States started the winter heating season with the highest levels of natural gas in storage since 2016, the U.S. Energy Information Administration said.
Crude Imports from Canada Hit Record Level with TMX Expansion
(P&GJ) — U.S. imports of crude oil from Canada reached a record of 4.3 MMbpd in July 2024 following the expansion of Canada’s Trans Mountain pipeline, according to recently updated supply data.
Global News December 2024
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.
U.S. Natural Gas Prices Plunge 8% as Mild Weather Weakens Heating Demand
U.S. natural gas futures dropped 8% due to milder weather forecasts and reduced heating demand. Despite rising output and high market volatility, gas prices are expected to rebound with increased LNG exports.
U.S. LNG Natural Gas Demand Nears Record Level
U.S. LNG export facilities are driving natural gas demand close to record highs, reaching 14.6 Bcf—just shy of December 2023's peak. Increased output from key plants like Freeport and Cheniere boosts U.S. global energy impact.
Woodside Targets Partnership Deals for Louisiana LNG Project by Early 2025
Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the U.S. project in the first quarter of 2025, its CEO told Reuters.
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- New Alternatives for Noise Reduction in Gas Pipelines
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
- Editor’s Notebook: Fire Fuels Pipeline Concerns
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
