North America
US Natural Gas Futures Drop 5% on Explosion at Texas Freeport LNG Plant
U.S. natural gas futures dropped about 5% on Wednesday on reports of a fire at the Freeport LNG export plant in Texas and early midday forecasts calling for less heat and demand over the next two weeks than previously expected.
Freeport LNG Plant Suffers Explosion, Nearby Residents Evacuated, Police Say
A explosion and fire on Wednesday hit the massive Freeport LNG liquefied natural gas plant on the Texas Gulf Coast, prompting an evacuation of nearby residents in Quintana, Texas.
US Envoy Expected to Visit Beirut Next Week Over Israel Gas Dispute
A U.S. mediator will visit Beirut next week to discuss a dispute over a maritime border with Israel, Lebanese Parliament Speaker Nabih Berri said on Tuesday, according to a parliament source and local media.
Sources: US to let Eni, Repsol Ship Venezuela Oil to Europe for Debt
Eni and Spain's Repsol SA could begin shipping Venezuelan oil to Europe as soon as next month to make up for Russian crude, resuming oil-for-debt swaps halted two years ago when Washington stepped up sanctions on Venezuela.
Texas Pacific Land, Milestone Carbon to Conduct Carbon Sequestration Study in Permian Basin
Texas Pacific Land Corp. and Milestone Carbon LLC have signed a Letter of Intent to evaluate the geological and geophysical characteristics of roughly 21,000 acres in the Permian Basin for the purposes of sequestering captured CO2.
New Fortress Eyes $3 Billion Investments in Mexico
U.S. firm New Fortress Energy is considering various investments in Mexico's energy sector that could be worth $3 billion, according to President Lopez Obrador who said the potential projects could include a LNG facility.
PIT and CNX Resources Partner on Emission Reduction Measures
Natural gas will be used at the airport and transformed into alternative fuel through CNX technology.
Venture Global Decides to Build Louisiana Plaquemines LNG Export Plant
Venture Global has closed on the $13.2 billion project financing for the initial 13.33 million tonnes per annum phase of the project and associated Gator Express pipeline.
Technip, Samsung Engineering JV Bags Texas LNG Work
Texas LNG Brownsville, a four million tons per annum LNG export terminal to be constructed in the Port of Brownsville, Texas, has executed an agreement with Technip Energies USA and Samsung Engineering Co. to lead the delivery of the facility via a joint venture.
Sempra Signs Carbon Capture Deal for Proposed Louisiana Project
Houston-based Sempra said the proposed project, Hackberry Carbon Sequestration, could potentially store up to 2 million tonnes of carbon dioxide per year if approved, utilizing the Cameron LNG Phase 1 and 2 export terminals as the anchor source for the captured and sequestered carbon dioxide.
Blackstone Unit Acquires 49% Stake in US LNG Facility
Blackstone Inc.'s credit investment unit has bought a 49% stake in an LNG facility in Georgia and Kinder Morgan will continue holding the remaining 51%.
EnLink Moves Forward with Permian-Houston Natgas Pipeline Project
EnLink Midstream will move forward with the construction of the Matterhorn Express Pipeline, a Permian-to-Houston pipeline that will transport up to 2.5 Bcf/d of natural gas through about 490 miles of pipe.
ArcLight Acquires $857 Million Stake in Kinder Morgan’s Gulf Coast Express Pipeline
ArcLight Capital Partners has closed a $857 million deal to acquire Targa Resources’ wholly-owned subsidiary, which owns a 25% stake in the Gulf Coast Express Pipeline (GCX) in the Permian Basin.
Alberta Premier Says Canada Could Boost Oil Export to US, Calls for Major New Pipeline
Canada could add over a million barrels per day of oil export capacity to the U.S. over the next two years, Alberta Premier Jason Kenney told a U.S. Senate committee. He also discussed building a major new cross-border oil pipeline to further ensure U.S. energy security.
Marcellus, Utica Operators Post Victories, Recalibrate
To be sure, it has not been an easy road, but of all the projects that have been completed this year, the Mariner East system may be midstream’s most satisfying – it certainly has been for those in the Marcellus and Utica shale plays of Pennsylvania, West Virginia and Ohio.
U.S. Update: Midstream Markets Turn Up Gas on Higher Prices, Global Demand
The surge of LNG expansion activity continued in March and April after the Ukraine invasion, as President Joe Biden promised the United States would deliver at least 15 Bcm in additional LNG to Europe this year than previously planned, with more to come in future years.
Freeport LNG Seeks Extension to Build 4th Liquefaction Train at Texas Plant
Freeport LNG has asked federal regulators to extend the amount of time it has to construct a fourth liquefaction train at its export plant in Texas until August 2028.
Kinder Morgan’s Gulf Coast Pipeline Launches Open Season for Expansion Project
Gulf Coast Express Pipeline LLC has launched an open season to solicit commitments for an expansion project on its system, which will increase natural gas deliveries from the Permian Basin to South Texas markets.
Canada In Talks with Repsol, Pieridae Energy About LNG Export Terminals
The Canadian government is in discussion with the companies behind two proposed east coast LNG export facilities to see how it can speed up the projects and help boost supply to Europe.
Latest Venture Global LNG Deals Advance Second Louisiana Facility
The long-term supply deals struck this week with Exxon and Petronas by Venture Global LNG put its second Louisiana LNG facility on the verge of construction and financing approval.
Bulgaria to Receive US LNG Deliveries Starting in June
Bulgaria has agreed to purchase two shipments of U.S. LNG for June and is in talks for a long-term contract for U.S. deliveries after Russia's Gazprom cut off gas supplies to Sofia, Prime Minister Kiril Petkov said on Wednesday.
Alberta Court Rules Canada's Environmental Impact Law Unconstitutional
The Alberta Court of Appeal said the Impact Assessment Act (IAA), which assesses how major infrastructure projects in Canada like pipelines impact the environment, was a “classic example of legislative creep.”
Enbridge, Humble Midstream to Develop Low-carbon Hydrogen, Ammonia Export Facilities
Enbridge Inc. and Humble Midstream LLC have announced the joint development and marketing of a low-carbon hydrogen and ammonia production and export facility which will be located at the Enbridge Ingleside Energy Center, near Corpus Christi, Texas.
Sempra Sees Decision on New Cameron LNG Train in Louisiana in 2023
Sempra said in its first quarter earnings release that Cameron LNG plans to complete development work on the fourth liquefaction train in 2023 and plans to make a final investment decision afterwards.
Plains All American Raises 2022 Profit Forecast as Permian Ramps Up
Plains All American Pipeline LP raised its profit forecast for the year by 3.4% on Wednesday, partly as higher oil and gas prices are expected to boost production and volumes shipped on pipelines from the top U.S. shale field.
Energy Transfer Announces Higher Transportation Volumes for Q1 2022
Energy Transfer LP had higher transportation volumes across all of its segments for the first quarter of 2022 and completed construction on the final phase of its Mariner East project, the company said in its first quarter earnings release on Wednesday.
Energy Transfer to Supply LNG to SK Gas in 18-Year Deal
Energy Transfer LP has executed a long-term sale and purchase agreement (SPA) with SK Gas Trading LLC for the supply of 0.4 million tonnes per annum (MTPA) of LNG from Energy Transfer’s Lake Charles LNG export facility.
MPLX to Move Forward with Permian, Bakken Pipeline Expansion Projects
MPLX LP will advance projects focused on expansions and reducing bottlenecking on its crude and natural gas long-haul pipelines in the Permian and Bakken, starting with the 450-mile Whistler pipeline that transports from the Permian to South Texas.
Chesapeake Utilities to Construct Pipeline to Serve Delaware, Maryland
Chesapeake Utilities Corp. is in the final pre-construction stage of a $6.3 million capital project where it will construct a new pipeline to extend existing infrastructure through Fenwick Island, Delaware, to northern Ocean City to serve residences and businesses.
NextDecade Executes 15-Year US LNG Deal with France’s Engie
NextDecade Corp. announced the execution of a 15-year sale and purchase agreement with Engie SA for the supply of LNG from NextDecade’s Rio Grande LNG export project (RGLNG) in Brownsville, Texas.
- Repsol Ditches Plans to Develop LNG Terminal on Canada’s East Coast
- Kazakh Oil Decouples from Russian Crude But Risk Weighs on Price
- Pipeline Operator TC Energy Says Stress, Weld Fault Caused Keystone Oil Spill
- US to Sell 26 Million Barrels of Oil Reserves As Mandated by Congress
- Ukraine to Jointly Buy Gas with European Union Countries
- Company Cancels Byhalia Connection Pipeline Project
- US Intelligence Suggests Pro-Ukrainian Group Sabotaged Nord Stream Pipelines -NYT
- EIA: US Natural Gas Output to Hit Record High in 2023, Demand to Fall
- US Regulator Orders Lower Pressure on Keystone Pipeline System After Spill
- US Carbon Pipeline Faces Setback as Residents Refuse to Cede Land Rights
