North America
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.
Berkshire Buys Additional 2.57 Million Shares in Occidental Petroleum, Filing Shows
Warren Buffett's Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7, according to a U.S. securities filing.
U.S. Expedites Strategic Petroleum Reserve Purchases as Oil Prices Decline
The Department of Energy on Friday issued two solicitations to buy a combined 6 million barrels of crude for delivery to its Bayou Choctaw site in Louisiana from September through December.
Williams Seeks Approval to Expand Regional Energy Access Natural Gas Project
U.S. energy company Williams sought permission from a federal energy regulator on Friday to put more of the Regional Energy Access natural gas project already under construction into service by July 1.
Mexico's CFE Wins Contract Arbitration Case Against Texas Gas Supplier
A Houston arbitration panel last month rejected WhiteWater Midstream LLC's claims against CFE, and awarded the state power utility undisclosed damages, fees and costs, according to a document filed on Wednesday in U.S. District Court, Houston.
Analysis: How Devon Energy Missed the Boat on U.S. Oil and Gas Mega-Deals
U.S. oil and gas producer Devon Energy has lost bids to acquire at least three of its peers in the last 12 months because its shares were spurned as acquisition currency, according to people familiar with the negotiations.
Freeport LNG Sues Three Contractors Over Defects at Texas Plant
Freeport LNG filed a lawsuit in April against three contractors alleging that installation defects in electric motors at its $14-billion Texas export plant caused prolonged outages and costly repairs.
GreenGasUSA and Darling Ingredients Partner to Produce Renewable Natural Gas
GreenGasUSA and Darling Ingredients Inc. have joined forces in a groundbreaking partnership aimed at producing renewable natural gas (RNG) and capturing CO2 emissions from wastewater streams at Darling’s U.S. facilities.
Golden Pass LNG Construction Turmoil to Delay Texas Plant's Startup, Analysts Say
The startup of Golden Pass LNG, the QatarEnergy and ExxonMobil $11 billion joint venture liquefied natural gas project in Texas, has been delayed by at least six months due to construction turmoil, analysts said on Thursday.
Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
Element Fuels Holdings, a Dallas-area startup proposing to build the first all-new U.S. oil refinery in nearly 50 years, on Thursday said it was relaunching efforts to build a large plant in South Texas.
Southern Company Gas Subsidiaries Secure First Renewable Natural Gas Deal
Two Southern Company Gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, have finalized their inaugural renewable natural gas (RNG) agreement.
Consortia Eye Citgo's Texas Refinery Ahead of Auction Deadline, Sources Say
Energy producers, refiners, investment funds and bankers increasingly have shown interest in the Venezuelan-owned company's Corpus Christ, Texas, complex during a marketing process organized by a U.S. court in Delaware.
Williams Says Court Rules in Its Favor in Pipeline Dispute with Energy Transfer
Pipeline operator Williams said on Wednesday a Louisiana court has ruled in its favor in a dispute with its rival Energy Transfer over a pipeline construction.
TC Energy Shareholders Approve Spin-Off of North American Oil Pipeline Business
TC Energy shareholders voted in favor of spinning off the Canadian company's liquids pipeline business on Tuesday, creating a new energy infrastructure firm known as South Bow Corp. whose assets include the Keystone oil pipeline.
Entergy Texas Plans New Natural Gas Power Plants to Address Growing Electricity Demand
Entergy Texas plans to build two new natural gas power plants, as it confronts burgeoning electricity demand in the southern state, the company said.
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia
- Ukraine Approves $20 Billion Plan to Boost Renewable Energy to 27% by 2030
