North America

US, German Officials to Meet This Week on LNG, Hydrogen Supplies

U.S. and German government officials will meet with energy executives in Berlin to discuss ways to boost Germany's energy supplies, as Russia's war in Ukraine ratchets up pressure on Europe to find alternate sources of energy.

US Oil Exports Surge, Drawing Crude Away from Storage Hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub are instead being exported via the Gulf Coast.

Tellurian’s Driftwood LNG Facility Begins Construction

Driftwood LNG is an approximately 27.6 million tonnes per annum (mtpa) liquefaction export facility near Lake Charles, Louisiana. Phase one will include two LNG plants with an export capacity of up to 11 mtpa.

NextDecade, China’s Guangdong Ink Deal for Rio Grande LNG

Guangdong Energy will purchase up to 1.5 million tonnes per annum of LNG indexed to Henry Hub and the LNG supply will initially be from train one of Rio Grande LNG, which is expected to start commercial operations in 2026.

US, EU Strike LNG Deal as Europe Seeks to Cut Russian Gas

The United States will work to supply 15 billion cubic meters (Bcm) of LNG to European Union markets this year, as Europe seeks to wean itself off Russian gas supplies.

FERC Slows Consideration of Climate Impact of New Gas Projects

U.S. regulators voted to seek comments on two policy statements it issued last month that provide guidance regarding the certification of interstate natural gas pipelines and consideration of greenhouse gas (GHG) emissions in natural gas project reviews.

US Firms Want Pending Natgas Pipeline Projects Excluded from Emissions Rules

The greenhouse gas policy requires any project that would result in 100,000 metric tons per year of GHG emissions must complete an environmental impact statement, which analysts said was an expensive and time-consuming process.

Whiptail Midstream Acquires 525 Miles of Pipeline in San Juan Basin

Whiptail Midstream has acquired DJR Energy's oil, gas, and water gathering assets in the Gallup oil window of the San Juan Basin, doubling the company's dedicated acreage, miles of pipeline and production flowing on its assets.

NFE Announces LNG Agreements with Venture Global LNG

New Fortress Energy Inc. has entered two 20-year sale and purchase agreements with Venture Global LNG. Under the deals, Venture Global will supply 2 MTPA of LNG on a free on board (FOB) basis from its LNG facilities in Louisiana.

US Gulf of Mexico Brimming with LNG Tankers as Exports Rise

LNG export terminals are running near full capacity with U.S. exports in high demand amid Russia's invasion of Ukraine and Europe's drive to rebuild shrunken natural gas stocks.

Biden Administration Approves More LNG Exports to Europe

The Biden administration authorized additional exports of LNG from Cheniere Energy in a move that can likely help Europe deal with an energy crunch worsened by Russia's invasion of Ukraine.

Ukraine Invasion Highlights Importance of Canadian Oil, Trans Mountain Pipeline Project

The expansion project is essentially a twinning of the existing 715-mile (1,150-km) pipeline, which was built in 1953 and continues to operate safely, between Strathcona County, Alberta, and Burnaby, British Columbia.

Explorer Pipeline, U.S. Oil Complete Construction on North Dallas Pipeline Project

The recent completion of this 36-mile pipeline expansion project marks an exciting milestone for Explorer, which provides transportation service to major markets in Texas, Oklahoma, Missouri and Illinois.

Pine Wave Energy Partners to Sell Haynesville Acreage, Gathering Assets

The sale includes approximately 12,500 net acres and 100 million cubic feet per day of net production with 18 miles of gathering pipeline in east Texas and northwest Louisiana.

Canada Looking at Boosting Oil Pipeline Flows to US, Says Minister

Canada is studying ways to increase pipeline utilization to boost crude exports to the U.S., with the aim of helping European countries that phase out imports of Russian oil.

US Natgas Up 2% on Big Storage Draw, Near Record LNG Exports

U.S. natural gas futures gained around 2% on Thursday as near-record LNG exports caused utilities to pull more of the fuel from storage than expected last week.

US Push to Export LNG Amid Ukraine Crisis Slowed by Climate Concerns

White House efforts to boost U.S. LNG exports and cut Europe's reliance on Russian gas after the invasion of Ukraine are proceeding slowly, because of concerns about the impact on climate change.

Perspective: Security for US and Europe Begins with New Energy Policy

It is high time that the U.S. forges a new energy policy, based on facts and common sense. Before Tuesday’s decision to halt the import of Russian oil and gas, the Biden Administration had put more sanctions on U.S. oil and gas than on Russian oil and gas.

TC Energy Offers 10% Stake in Coastal Gaslink Project to Indigenous Groups

TC Energy signed an option agreement to sell 10% stake in Coastal GasLink to Indigenous communities, in an attempt to give more authority to the groups who traditionally held the land for the pipeline project.

Chevron CEO Downplays Oil Shortage Worries, Says Supplies Are Available

Chevron CEO Michael Wirth downplayed worries over oil supplies saying although global crude oil inventories have been drawn down, oil supplies are not lacking.

Biden Bans Russia Oil Imports to US, Warns Gasoline Prices Will Rise Further

U.S. President Joe Biden has banned Russian oil and other energy imports in retaliation for the invasion of Ukraine, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S. energy prices.

Venture Global Says Shell to Buy LNG from Louisiana Plaquemines Plant

U.S. LNG exporter Venture Global LNG said that oil and gas major Shell has agreed to buy LNG produced at its proposed Plaquemines LNG export plant in Louisiana.

Hess CEO: Petroleum Reserve Releases Should Double, Quadruple to Aid Markets

Energy consuming nations should release more crude oil from their strategic reserves to bring down the skyrocketing price of petroleum products, the CEO John Hess said.

Texas Railroad Commission Implements Operator-led Plan to Reduce West Texas Earthquakes

In the Western Permian Basin, the Railroad Commission began implementation last week of a first of its kind operator-led response plan that addresses injection-induced seismicity to help keep residents and the environment safe.

Cheniere Signs EPC Contract for Corpus Christi Stage III Project

The Corpus Christi Stage III Project will consist of up to seven midscale trains, each with an expected liquefaction capacity of approximately 1.49 MTPA with a total production capacity of more than 10 MTPA.

US Prepared to Move Alone in Banning Russian Oil Imports

The Biden administration is willing to move ahead with a ban on Russian oil imports into the United States without the participation of allies in Europe, after Russia's invasion of Ukraine.

Japan to Release 7.5 MMbbl of Oil Reserves in IEA-led Global Action

The volume makes up 12.5% of a planned coordinated release of 60 MMbbl of oil reserves that the U.S. and other members of the IEA agreed to compensate for supply disruptions following Russia's invasion of Ukraine.

Exxon Sues US Over Taxes Related to Gas Project in Qatar

Exxon Mobil Corp. filed a suit against the U.S. seeking a partial refund of $2.1 billion in taxes and penalties tied to a Middle East gas project in Qatar, according to a filing in U.S. district court in Dallas.

Cowboy Midstream Plans New Crude Offload Terminal

Construction activities are underway, and Cowboy expects the new terminal to be ready for crude oil receipt and transportation April 2022.

US Natgas Futures Ease with Drop in Global Oil, Gas Prices

The U.S. market continued its three-day streak of following sharp moves in European gas and global oil prices with the Russia-Ukraine conflict stoking energy supply concerns.