North America

Woodland Biofuels to Invest $1.35 Billion in Louisiana for RNG, Hydrogen Plant

Canadian renewable fuel company Woodland Biofuels announced on Tuesday an investment of $1.35 billion at the Port of South Louisiana to establish a renewable natural gas (RNG) plant and ultra-green hydrogen facility.

FTC Set to Greenlight Chevron's $53 Billion Buy of Oil Rival Hess, Sources Say

The U.S. Federal Trade Commission is expected to greenlight Chevron’s $53 billion acquisition of Hess this week, according to sources. While FTC approval is near, Exxon Mobil’s legal challenge over Hess’s Guyana assets remains a key hurdle, with a decision expected by mid-2025.

Diamondback, Kinetik Acquire 30% Stake in EPIC’s 800-Mile Crude Oil Pipeline

EPIC Crude is an 800-mile crude oil pipeline system that connects the Delaware, Midland Basin, and Eagle Ford supply to EPIC's 3.4 million barrel Robstown Terminal near Corpus Christi.

Tanker Departs Venture Global’s Louisiana Plaquemines LNG Export Plant as Facility Nears Production

The tanker docked for the past month at U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana had left by Tuesday morning, according to data provider LSEG.

Canadian Natural Gas Prices Hit Two-Year Low as Alberta Storage Nears Full Capacity

Canadian natural gas prices slumped to their lowest level in more than two years on Monday and are expected to remain under pressure for weeks, as storage levels in Alberta reach full capacity due to weak demand across North America.

Texas Sues Biden Administration Over Lizard Protection, Cites Threat to Permian Basin Oil Operations

Texas Attorney General Ken Paxton has sued the Biden administration over the dunes sagebrush lizard's endangered status, claiming it threatens oil and gas production in the Permian Basin. The lawsuit argues that the decision is politically motivated and could harm Texas' energy industry.

Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project

KBR has announced that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.

Tallgrass Launches Open Season for Pony Express Crude Oil Pipeline

Pony Express Pipeline, operated by Tallgrass, has launched a new binding open season for crude oil transportation from Pony Express' Carpenter origin in exchange for incentive tariff rates.

Berkshire Hathaway Shuts Cove Point LNG Plant for Annual Maintenance

U.S. energy firm Berkshire Hathaway Energy shut its Cove Point liquefied natural gas (LNG) export plant in Maryland for about three weeks of annual autumn maintenance, according to a company notice to customers.

Kimmeridge to Reduce Stake in Louisiana LNG Project to 51% After FID, CEO Says

Energy investment firm Kimmeridge Energy Management plans to reduce its stake in a Louisiana liquefied natural gas (LNG) export project to 51% down from 100% after it reaches FID next year.

Carlyle-backed Crescent Midstream to Develop $1 Billion Carbon Capture Project in Louisiana

Oil pipeline firm Crescent Midstream, which is backed by investment firm Carlyle Group, said it would jointly develop and construct a carbon capture and storage project in Lake Charles, Louisiana.

Chevron Won't Invest in U.S. LNG Plant Construction, Citing Better Use of Capital

Chevron does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company's capital and it can easily sell its U.S. gas, said a top official on Thursday.

Criminal Probe Underway After Car Strikes Energy Transfer Pipeline in Houston, Body Found

Human remains were found in a burned-out car that struck an Energy Transfer natural gas liquids pipeline earlier this week in Houston, sparking a criminal investigation, local media reported on Thursday citing officials.

Kiewit, Venture Global LNG Settle Dispute Over Alleged Disclosure of Confidential Info to Shell

Construction contractor Kiewit on Thursday said it has settled a lawsuit with LNG developer Venture Global LNG over disclosures to Shell of information on the Calcasieu Pass LNG plant, the president of Kiewit Energy said.

ConocoPhillips, Uniper Ink 10-Year Natural Gas Supply Deal

German energy company Uniper and U.S. oil and gas producer ConocoPhillips said they have agreed a supply deal for up to 10 billion cubic meters of natural gas over the next 10 years.

Glencore Signs 20-Year LNG Supply Deal with Commonwealth LNG, Kimmeridge

Commodities giant Glencore has signed a non-binding agreement to buy 2 million tonnes per annum of liquefied natural gas from Commonwealth LNG along with equivalent natural gas supply from Kimmeridge Texas Gas.

EQT CEO Predicts U.S. Natural Gas Prices to Stay Below $3/MMBtu Amid LNG Demand Growth

The CEO of U.S. natural gas producer EQT Corp. on Wednesday said U.S. prices for the fuel will remain below $3 per million British thermal units in the short term.

Bayou Midstream II Secures Equity Backing from EIV Capital to Expand U.S. Infrastructure

Bayou Midstream II has announced an equity commitment from EIV Capital, LLC following their successful partnership for Bayou Midstream LLC (Bayou I).

Energy Leaders Believe VP Harris Won’t Ban Fracing, Citing Gas Price Risks

U.S. Vice President Kamala Harris understands natural gas prices will rise if fracing is banned, industry executives said, explaining their confidence that the Democratic candidate will not ban the production method if she becomes president.

Energy Transfer Pipeline Fire Continues to Burn in La Porte, Texas

Energy Transfer said a fire at its natural gas liquid (NGL) pipeline in La Porte, Texas, which started on Monday, was still burning on Tuesday and a state regulator said it would probably keep burning into the afternoon.

ConocoPhillips CEO Calls for U.S. to End 'Crazy' LNG Permit Pause

ConocoPhillips CEO Ryan Lance on Tuesday called on the U.S. government to end "this crazy LNG (permit) pause" and allow the country to lead the liquefied natural gas industry.

U.S. Capitalizes on Low Oil Prices to Buy 6 Million Barrels for Strategic Reserve

The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source familiar with issue said on Tuesday, a purchase that if completed will match its largest yet in the replenishment of the stash after a historic sale in 2022.

Chevron CEO Criticizes Biden’s Gas Policies, Says AI Depends on Permian Gas

Chevron CEO Michael Wirth criticized the Biden's administration for what he described as "attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI).

Woodside Energy Eyes Partners for Driftwood LNG, CEO Says

Woodside Energy is in discussions with onshore U.S. gas producers, pipeline companies and companies that share its outlook and view of liquefied natural gas to partner with its Driftwood LNG project, company CEO Meg O'Neill said on Monday.

Energy Transfer Pipeline Erupts Into Fire in La Porte, Texas

A pipeline explosion near Houston spread from Deer Park to La Porte, igniting grass fires and prompting widespread evacuations. Multiple agencies, including the Deer Park and La Porte fire departments, responded to the scene.

Wood to Design DeLa Express Gas Pipeline Linking Texas to Louisiana

The 690-mile pipeline project being developed by DeLa Express LLC is proposed to deliver liquids-rich natural gas from the Permian Basin of West Texas to the U.S. Gulf Coast and international export markets.

BKV Aims to Raise Up to $315 Million in U.S. IPO

Natural gas producer BKV Corporation said on Monday it plans to raise up to $315 million in its initial public offering in the United States.

Federal Judge Halts New Drilling Permits for Massive Wyoming Oil Project

A federal judge on Friday blocked new oil drilling permits from being granted for a 5,000-well oil and gas development project in Wyoming that was approved in the waning days of Republican former President Donald Trump's administration.

U.S. LNG Feedgas Falls as Storm Francine Hits Louisiana Export Plants

The amount of natural gas flowing to U.S. liquefied natural gas export plants was on track to slide further on Thursday with energy companies reducing feedgas to plants as storm Francine barreled into southeastern Louisiana, according to data from financial firm LSEG.

Enbridge Agrees to Reapply for Key Permit, Stalling Line 5 Tunnel Project

Enbridge has agreed not to use a 2021 permit from Michigan’s Department of Environment, Great Lakes, and Energy (EGLE) for its Line 5 tunnel project and will seek a new permit instead.