North America

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.

Emerson’s Natural Gas Metering Systems: Accuracy and Efficiency Delivered

Discover reliability with our Emerson Natural Gas Metering System, a comprehensive solution designed to ensure accuracy, reliability, and efficiency in natural gas measurement.

Blackstone to Acquire Virginia Natural Gas-Fired Power Plant for $1 Billion

Blackstone Energy Transition Partners has agreed to buy the 774-megawatt natural gas-fired power plant in Loudoun County in northern Virginia, according to a statement.

Revisiting the Biggest Midstream Stories of 2024

(P&GJ) – In this final issue of P&GJ for 2024, the staff – with more than a little help from our readers – takes a look back at the sometimes-frenzied year for pipeline construction that was 2024.

U.S. Renewable Leader NextEra Energy to Develop Gas-Fired Power for AI

The world's largest renewable power company, NextEra Energy, is partnering with GE Vernova to develop natural gas-fired power generation projects across the United States that will mainly feed AI data centers and other large electricity users, NextEra said on Friday.

U.S. Natural Gas Prices Steady as Market Waits for Federal Storage Report

U.S. natural gas futures held steady as the market waited for direction from a federal report expected to show utilities pulled more gas from storage than usual to heat homes and businesses during extreme cold weather last week.

Crews Extinguish Kinder Morgan Pipeline Fire in Wharton County

The affected segment of the Tennessee Gas Pipeline was promptly isolated and shut down. According to the company, the fire was fully extinguished, and all personnel were accounted for.

Oil Prices Drop as Trump's Energy Emergency Sparks Doubts Over SPR Refill Plans

Oil prices fell on Tuesday after U.S. President Donald Trump declared a national energy emergency on his first day in office, raising concerns of higher U.S. output in a market widely expected to be oversupplied this year.

New Fortress Energy, Energiza Partner on Puerto Rico Gas Supply Deal

New Fortress Energy said on Wednesday it signed an agreement with Energiza to supply natural gas to a 478-megawatt combined-cycle power plant being developed in San Juan, Puerto Rico.

LNG Developers in Texas and Louisiana Praise Export Freeze Lift

Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.

Freeport LNG in Texas Nearing Full Operations as Gas Flows Recover From Outage

Natural gas flows to Freeport LNG's export plant in Texas were set to rise on Thursday after a power problem during a winter storm forced it to shut on Tuesday, data from LSEG and energy traders showed.