Regions

Trump’s Pledge to Lift LNG Exports Cap Not a Concern, Qatar Energy Minister Says

(Reuters) – Qatar has no concerns about U.S. President-elect Donald Trump's promise to lift a cap on liquefied natural gas (LNG) exports, Qatar's Energy Minister Saad al-Kaabi said on Saturday, adding his country would cope with any competition.

Russia Resumes Oil Supply to Czech Republic via Druzhba Pipeline

(Reuters) – Russian oil supplies to the Czech Republic via the Druzhba pipeline resumed on Friday, Czech refiner Orlen Unipetrol's CEO Mariusz Wnuk said.

CryoSys, PIC Americas to Develop 7.2 MTPA LNG Export Facility on Texas Gulf Coast

CryoSys and PIC Americas have entered into an agreement to deliver advanced pretreatment and liquefaction solutions to PIC Americas planned development of a world-class LNG export facility with a minimum capacity of 7.2 million tonnes per annum (MTPA).

BP Seeks Buyers for U.S. Natural Gas Pipeline System Stake, Sources Say

BP is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said.

Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025

Polish gas pipeline operator Gaz-System will offer firm capacity to export gas from Poland to Ukraine between Jan. 1 and Sept. 30 next year, the company said on Friday.

Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline

Energy Transfer has announced a final investment decision (FID) to build the Hugh Brinson Pipeline, a $2.7 billion intrastate natural gas pipeline designed to move Permian Basin production to key Texas markets and trading hubs.

Biden Administration to Release LNG Study by Mid-December

The U.S. plans to issue a study on the environmental and economic effects of liquefied natural gas exports by the middle of this month, a Department of Energy official said on Wednesday.

Matador to Sell Pronto Midstream Stake for $600 Million to San Mateo JV

Matador Resources has agreed to sell its wholly-owned subsidiary, Pronto Midstream, to San Mateo Midstream, a joint venture where Matador holds a 51% stake.

Venture Global Challenges FERC's Call for Additional LNG Environmental Review

Venture Global LNG on Wednesday slammed a U.S. call for an additional environmental review of a proposed Louisiana LNG project as unnecessary, adding that it will be ready to begin construction once the project gets a final go-ahead.

ONEOK Completes NGL Fractionation and Pipeline Expansion Projects

ONEOK Inc. announced the completion of two key natural gas liquids (NGL) infrastructure projects: the MB-6 fractionator in Mont Belvieu, Texas, and the looping of the West Texas NGL Pipeline system.

Woodside Partners with Bechtel for Louisiana LNG Project Development

Australia's Woodside Energy Group said on Thursday it has signed an engineering, procurement and construction contract with U.S. engineering firm Bechtel to develop the Louisiana LNG project.

Russian Oil Halted Through Druzhba Pipeline to Czech Republic, Unipetrol Confirms

Russian crude oil flows to the Czech Republic through the Druzhba pipeline remained halted on Thursday, refiner Unipetrol said.

Sembcorp Secures 10-Year LNG Deal with Chevron's Singapore Unit

Sembcorp Industries on Thursday said its unit, Sembcorp Fuels signed a deal with Chevron USA's Singapore unit to import up to 0.6 million tonnes of liquefied natural gas (LNG) annually starting in 2028.

Pakistan Defers LNG Contract with Qatar to 2026, Citing Surplus

Pakistan has deferred its LNG agreement with Qatar by a year, now expecting deliveries in 2026 due to a surplus. Petroleum Minister Musadik Malik confirmed there are no penalties for the deferral and additional cargo postponements are under negotiation.

Aramco, SLB, and Linde to Develop Major Carbon Capture Project in Saudi Arabia

Saudi Aramco, SLB, and Linde plan to build a carbon capture and storage project in Jubail, Saudi Arabia. Set for completion by 2027, it aims to store up to 9 million metric tons of CO₂ annually, supporting Aramco's net-zero goals.

China Implements Rules to Cut Fuel Pipeline Transport Costs

China introduces new rules to lower fuel transport costs by pipeline starting January. State planner NDRC will regulate maximum revenues for PipeChina, aiming to reduce costs for end-users and ensure efficient oil product transport.

Oil Undervalued as Market Faces Deficit, Iran's Supply at Risk, Analysts Warn

Oil prices are undervalued due to a market deficit and potential supply risks from Iran, analysts from Goldman Sachs and Morgan Stanley warn. Factors such as OPEC+ output cuts and strategic reserve restocking could push prices higher in the short term.

Shell Completes Sale of Houston-Area Pipeline Assets to Edgewater Midstream

Shell Pipeline Company and its subsidiary Triton West have completed the sale of the Sinco pipeline system and Colex terminal to Edgewater Midstream.

Nut Tree and Caspian Urge Martin Midstream Unitholders to Reject Merger with MRMC

Nut Tree and Caspian Capital argue that MMLP’s merger proposal relies on a "deeply flawed" valuation and disproportionately benefits Ruben Martin III, MRMC's controlling figure, at the expense of unitholders.

Summit Midstream Completes Acquisition of Tall Oak Midstream III

This acquisition significantly boosts Summit’s natural gas portfolio, bringing its balance to about 50% natural gas-focused operations.

Guest Perspective: Canadian LNG Will Not Boost Japan’s Energy Security

(P&GJ) — With LNG Canada set to start up next year, LNG exporters in Canada are racing to build new projects along the country’s western coast. Many are enamored by the prospect of selling the fuel to Asian countries, particularly Japan.

QatarEnergy Signs Long-Term LNG Deal with Shell for China Delivery

State-owned QatarEnergy has signed a long-term sales and purchase agreement with oil and gas major Shell to supply it with liquefied natural gas (LNG) for delivery to China.

Rising LNG Terminal Costs to Weaken Competitiveness of New U.S. Projects, Analyst Says

Rising construction costs for U.S. LNG export plants, such as Venture Global's Plaquemines and Golden Pass LNG, are expected to reduce the competitiveness of new U.S. projects, analysts at Poten & Partners predict. Increased natural gas demand and a potential rise in prices could further challenge U.S. gas exports.

Biden Administration Disburses Over $100 Billion in Clean Energy Grants as Term Winds Down

U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, a senior administration official said.

Pipeline Operator Enbridge Forecasts Higher 2025 Core Profit on Strong Oil, Gas Demand

Enbridge on Tuesday forecast higher core profit for 2025 as the Canadian pipeline operator expects strong oil and gas demand to lift volumes, sending its U.S.-listed shares up 1% in premarket trading.

More U.S. LNG is Needed to Support Asia’s Emissions Reduction Goals, New Study Finds

Coal use and emissions from power generation in Asia will surge in coming decades unless there is significant new supply of U.S. liquefied natural gas (LNG), a new study by data and analytics company Wood Mackenzie has shown.

Electric-Drive Compressor On-Line in North Sea

(P&GJ) — North Sea Midstream Partners (NSMP) confirmed the start-up of a new onshore electric-drive compressor at its Teesside Gas Processing Plant (TGPP).

Colombia's Ecopetrol to Build Green Hydrogen Plant at Cartagena Refinery

Colombia's majority state-owned energy company Ecopetrol ECO.CN plans to build a new green hydrogen plant at its refinery in the Caribbean city of Cartagena for some $28.5 million, it said in a statement on Monday.

U.S. Natural Gas Storage Volumes Highest Since 2016 as Winter Heating Season Starts

The United States started the winter heating season with the highest levels of natural gas in storage since 2016, the U.S. Energy Information Administration said.

China Completes Full Pipeline for Power-of-Siberia Gas

China has built and connected the 5,111-km (3,175-mile) Power-of-Siberia pipeline to deliver gas from Russia's Siberian fields to users as far as the financial hub of Shanghai, Chinese state media reported on Monday.