North America
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.
Enbridge to Form Natural Gas Supply Venture Connecting Permian and Gulf Coast
Canadian pipeline operator Enbridge said on Tuesday it would form a venture with I Squared Capital and pipeline firms WhiteWater and MPLX to connect Permian supplies to the U.S. Gulf Coast to tap into strong LNG demand for exports.
U.S. Gas Producers Optimistic Amidst Low Prices, Banking on LNG Expansion
Energy executives say they are looking past current ultra-cheap gas prices and betting on a coming wave of new LNG plants to lift demand — and prices — for the fuel.
Credit Agricole Declines Funding for Exxon, Eni, and TotalEnergies’ LNG Projects
Credit Agricole said on Monday that it would not provide financing to two major LNG projects, citing commitments to refrain from new fossil fuel developments.
Environmental Ruling Threatens Wyoming Oil and Gas Drilling Leases
The U.S. Bureau of Land Management did not adequately analyze the potential climate change and wildlife impacts of a major oil and gas lease sale covering roughly 120,000 acres of federal land in Wyoming, a U.S. judge has said.
Matador Completes Natural Gas Pipeline Connections in Delaware Basin
Matador Resources Company has announced the successful completion of natural gas pipeline connections between Pronto Midstream and San Mateo and between Pronto Midstream and Matador’s acreage obtained in the Advance acquisition.
Under-the-Radar SEC Land Grab Foiled by Public Scrutiny
In the weeks ending the year 2023 and those starting the one, a stealth part of the Biden administration’s green agenda with ramifications for the oil patch was sliding under the radar of most major fossil fuel organizations.
Concerns Over LNG Pause Overblown
Recently, the United States announced a pause on permits for new LNG export facilities. The move sparked outcry among industry groups in Asia, which quickly declared the move would hurt the region’s energy security and climate goals. However, their concerns are unfounded for five simple reasons.
Exxon Mobil Ahead of Schedule in Doubling LNG Portfolio, Executive Says
Exxon Mobil is ahead of schedule with its plan to double the size of its LNG portfolio to 40 million tons per annum by 2030 and will focus on selling its own gas rather than trading that of third parties, the company's LNG chief said.
Sixteen Republican-Led States Sue Federal Government Over LNG Export Permit Ban
Sixteen Republican-led states on Thursday filed a lawsuit to challenge the federal government's ban on approving applications to export LNG, saying the federal government lacks the authority to broadly deny those permits.
U.S. Pipeline Firms Looking to Follow Biggest Customers into M&A Wave
U.S. energy pipeline and storage operators have spent two years watching the consolidation of oil and gas producers, and now they are gearing up for the merger wave to hit their sector, executives, investors, and analysts said.
Protection in Renewal Biogas Systems for Increased Pipeline Reliability
Biogas is a renewable fuel generated through the anaerobic fermentation of organic matter. Biogas is a mixture of gases, mainly methane and carbon dioxide, accompanied by trace elements dependent on the feedstock and production method.
Summit Midstream Exits Utica Shale in $625 Million Deal with MPLX
Pipeline operator Summit Midstream Partners said on Friday it would sell its Utica assets to a unit of midstream company MPLX LP for about $625 million in cash.
SilverBow Resources Shareholder Endorses Kimmeridge's $2.1 Billion Offer
SilverBow Resources shareholder Riposte Capital on Thursday backed Kimmeridge Energy Management's latest buyout offer that valued the U.S. oil and gas producer at close to $2.1 billion, including debt.
CEO: Other Nations Will Fill LNG Gap if U.S. Retreats, Baker Hughes Affirms
If the U.S. pulls back from permitting new LNG export plants, demand for the fuel will still be met from projects in Qatar, Argentina and Africa, the CEO of Baker Hughes, the world's largest provider of equipment for the LNG sector, said on Thursday.
U.S. Senators Move to Harden Ban on Selling Reserve Oil to China
Two U.S. senators introduced legislation on Thursday to harden the ban on selling crude oil from the Strategic Petroleum Reserve (SPR) to China.
Gas Pipeline Expansion Trends Shift: Intrastate Capacity Surpasses Interstate in 2023
In a significant shift, natural gas intrastate pipeline capacity outpaced interstate additions in the United States in 2023, according to data from the U.S. Energy Information Administration (EIA).
Williams Delays Louisiana Pipeline Project Amid Dispute with Competitor Energy Transfer
U.S. energy firm Williams Companies has delayed the completion of its Louisiana Energy Gateway natural gas pipeline project following a dispute with a rival, Williams CEO Alan Armstrong said on Wednesday at a conference.
Trans Mountain Pipeline Initiates Oil Filling Amid Final Construction Challenges
Canada's Trans Mountain Corp. has begun filling its pipeline expansion with oil in a staged process, a senior executive said on Wednesday, as construction of the long-delayed project nears an end.
Williams Finds Tellurian Bid Unattractive, Cites Commercial Concerns, Executive Says
Pipeline operator Williams Companies looked at acquiring struggling LNG developer Tellurian, but considered its export project not that attractive, the company's strategy chief said on Tuesday.
Venture Global CEO: Shift Towards Internal Financing for LNG Projects Expected
More funding for future LNG plants will rely on internal financing instead of the project financing that has paid for most projects to date, Venture Global LNG 's CEO said on Tuesday.
Freeport LNG Expects Trains 1 and 2 at Texas Facility to Remain Offline Until May
Freeport LNG said on Wednesday that trains 1 and 2 at its LNG facility in Texas are anticipated to be down until May, while train 3 is now back online.
Williams Plans Expansion of Gas Pipeline Network in Virginia
Pipeline operator Williams Cos. is preparing for a major expansion of its pipeline network in the Southeastern United States. This expansion will increase the capacity of the Transcontinental pipeline network, which spans approximately 10,000 miles from Texas to New York.
Texas LNG Secures 20-Year LNG Sales Deal with Gunvor Group
Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition LLC, has finalized a 20-year LNG sale and purchase agreement with Gunvor Group.
Enstor Seeks FERC Approval to Double Capacity of Mississippi Hub Natural Gas Storage Facility
Enstor Gas LLC has submitted an application to FERC through its affiliate, Mississippi Hub LLC, for an expansion of its natural gas storage facility located in Simpson County, Mississippi.
Enbridge Plans 120,000 bpd Expansion for Gray Oak Texas Oil Pipeline by 2025
Energy pipeline company Enbridge plans to expand capacity on its Gray Oak oil pipeline by 80,000 barrels per day (bpd) this year and could add another 40,000 bpd in 2025, an executive told Reuters on Tuesday.
Trans Mountain Pipeline Expansion to Start Oil Shipments in June, Says Alberta Premier
Line fill of Canada's Trans Mountain crude oil pipeline expansion will be complete by the end of May, with the first waterborne exports from the expanded system starting a month later, Alberta Premier Danielle Smith said on Tuesday in an interview.
Canada Signs Hydrogen Deal with Germany to Counter Russian Energy Dependency
Canada, citing the need to shun Russian energy, on Monday signed an agreement with Germany that it said would accelerate work towards the commercial-scale trade of clean hydrogen fuel.
Mitsubishi and Partners to Establish Coalition for Advancing Electric Natural Gas
Mitsubishi Corp. said on Tuesday it will form an international coalition with seven other firms including TotalEnergies and Tokyo Gas to support development and production of electric natural gas (e-NG).
Viridi Energy to Develop Renewable Natural Gas Facility in Maine
Viridi Energy said on Tuesday it has acquired a biosolids digester plant in Brunswick, Maine, as part of its plans to develop a facility to convert waste into renewable natural gas (RNG) in the state.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
