Regions
Australia's Woodside in Talks with Multiple Buyers for Louisiana LNG Stake, Sources Say
Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.
Diamondback Energy Expands in Permian with $4.08 Billion Double Eagle Deal
Diamondback Energy said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich U.S. Permian Basin.
Venture Global to Start Commercial Operations at Calcasieu LNG Plant
Venture Global announced that it has notified its long-term customers that its Calcasieu Pass LNG facility will commence commercial operations on April 15, 2025. The facility will achieve its commercial operation date, or COD, in under 68 months from its August 2019 final investment decision.
Kurdistan Region to Resume Oil Exports Next Week, says Iraqi Minister
Oil exports from the semi-autonomous Kurdistan region will resume next week, Iraq's oil minister said on Monday, resolving a near two-year dispute as ties between Baghdad and Erbil improve, potentially adding more supply to the oil market and weighing on prices.
Petrobras Unit Launches Tender for Eight Gas Tankers, 13 More to Come by end-2026
Transpetro, a unit of Brazil's state-run oil company Petrobras, has launched an international tender to contract eight gas tankers and expects to launch 13 others by the end of next year, Chief Executive Sergio Bacci said at an event on Monday.
Exxon to Increase Gas Production, Transport from Hammerhead Project, Offshore Guyana
A consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead, according to a document published by the country's environmental agency on Monday.
Trump Greenlights LNG Exports, Creates Energy Council to Boost U.S. Oil and Gas Flows
U.S. President Donald Trump's administration on Friday granted a key export license to the Commonwealth LNG project in Louisiana, the first such approval after former President Joe Biden paused them early last year. Trump also signed an executive order creating an energy council to ramp up U.S. output of oil and gas.
Drone Strike Hits Russian Pipeline Pumping Station, Slowing Chevron, Exxon Exports
A drone strike has hit a pumping station on an oil pipeline in Russia, reducing flows from Kazakhstan to world markets pumped by Western firms including Chevron and Exxon Mobil, its operator said on Monday.
TotalEnergies, ENI Sign Agreement to Export Cyprus Block 6 Gas Through Egypt
TotalEnergies and ENI, partners in Cyprus offshore Block 6 (TotalEnergies 50%, ENI 50% operator), have signed a Host Government Agreement (HGA) with Egypt and the Republic of Cyprus related to the development of Block 6 gas resources.
Russia Likely to Struggle in Reaching LNG Targets, Say Experts
Exports of Russia's liquefied natural gas (LNG) will likely not exceed 67 million metric tons by 2030, falling far short of its 100 million target due to international sanctions, experts said at an industry conference on Friday.
How LNG Will Fuel Global Energy Evolution at Scale
LNG is a key enabler of the global transition to a decarbonized energy system. It will play a pivotal role as companies move from coal and oil to cleaner energy sources.
Tohoku Electric Plans For Eventual Halt to Russian LNG Contract
Japan's Tohoku Electric Power needs to consider its procurement strategy for liquefied natural gas (LNG), assuming it will eventually halt purchases from Russia, President Kojiro Higuchi said on Friday.
Howard Energy Partners Acquires Interest in 200-Mile, 1.1 Bcf/d Midship Pipeline in Oklahoma
The pipeline, which runs from Kingfisher County to near Bennington in the Anadarko Basin, connects natural gas production from the SCOOP and STACK plays to Gulf Coast and Southeast demand markets.
Japan's Inpex Targets FID for Indonesia's Abadi LNG Project in 2027
The project, facing delays and a recent ownership change, aims for production in the early 2030s, contributing to Inpex's growth in LNG output and its investment in cleaner energy solutions.
U.S. Natural Gas Prices Jump 6% to Two-Week High on Rising LNG Flows, Big Storage Draw
U.S. natural gas futures rose 6% to reach a two-week high, driven by a larger-than-expected storage draw and increased LNG export flows. With cold weather forecasts and higher demand, natural gas prices have surged, reflecting tighter supply conditions and robust export activity.
India's Gas Demand Set to Surge by 2030, Doubling LNG Imports, Says IEA
India's natural gas consumption is projected to increase by 60% by 2030, doubling the country's LNG imports. Driven by urbanization and industrialization, this surge in demand will require strategic planning and expansion of LNG infrastructure to manage future supply challenges.
Williams Beats Q4 Profit Estimates on Acquisition Gains, Raises Dividend
Williams surpassed fourth-quarter profit estimates, driven by acquisitions and its Regional Energy Access expansion project. The company raised its dividend and boosted its profit forecast, citing increased gas demand from sectors like AI data centers.
Austria’s Gas Hub Rethinks Strategy After Russian Transit Ends
Austria’s Central European Gas Hub saw a decline in trading volumes following the halt of Russian gas transit but is pivoting toward regional trade, biogas, and hydrogen opportunities. CEO Gottfried Steiner highlighted the hub’s role in a shifting European energy market.
Exxon Seeks Permit for Gas Production, LNG Project as Output Rises in Guyana
Exxon Mobil seeks permits for its eighth project in Guyana, focusing on gas production. The company aims to boost capacity to 1.7 million barrels per day by 2029 while supporting Guyana's LNG development.
U.S. Gulf Coast Refiners Pay Premium for Trinidad's Heavy Sour Molo Crude
Some U.S. Gulf Coast refiners have recently paid prices over the Brent crude benchmark for Trinidad and Tobago's Molo heavy sour crude, the CEO of the country's state-owned oil company, Heritage Petroleum, said on Tuesday.
Kinder Morgan, Entergy Agree to Supply Golden Pass LNG with Natural Gas
Entergy Texas has reached a transportation agreement with Kinder Morgan to secure a steady natural gas supply in Southeast Texas. The agreement, developed with Golden Pass LNG, is part of Kinder Morgan's $1.7 billion Trident Intrastate Pipeline project.
OLI Systems Lands DOE Funding for CO₂ Pipeline Integrity Model
OLI Systems has received a Phase I Small Business Innovation Research (SBIR) grant from the U.S. Department of Energy (DOE) to develop a model aimed at improving CO₂ pipeline safety in carbon capture, utilization, and storage (CCUS) projects.
India’s GSPC Strikes 10-Year LNG Deal with TotalEnergies
TotalEnergies has signed a 10-year deal to supply India’s Gujarat State Petroleum Corporation with 400,000 metric tons of LNG annually, starting next year. The agreement aligns with India's growing demand for natural gas as the country pushes to expand its energy mix.
Energy Transfer to Reach Final Decision on Lake Charles LNG Export Project by Q4 2025
Energy Transfer plans to make a final investment decision on its Lake Charles LNG export project by Q4 2025. The move follows a long-term LNG deal with Chevron and the lifting of the U.S. export permit pause.
Elliott Builds $2.5 Billion Stake in Phillips 66, Pushes for Midstream Business Sale
Elliott Investment Management has built a $2.5 billion stake in Phillips 66 and is pushing for the sale of its midstream business. The activist investor argues that urgent changes are needed to boost shareholder returns, including divesting midstream assets and restructuring operations.
Equinor: EU May Need 350 Extra LNG Cargoes to Refill Storage
Equinor warns that the EU may need up to 350 additional LNG cargoes this year to replenish gas reserves, with potential competition from Asia driving up costs.
Texas Pushes for State Control Over Carbon Capture Permitting
Texas oil, gas, and industrial groups are urging the EPA to approve the state’s request for primacy over carbon storage projects, citing investment potential and a backlog of federal approvals. Texas has 43 projects under review, making up one-third of U.S. applications.
Turkey, Turkmenistan Sign Gas Supply Deal, Flows Set for March
Turkey and Turkmenistan have signed a deal to begin Turkmen natural gas flows to Turkey on March 1, Turkish Energy Minister Alparslan Bayraktar said. The agreement strengthens energy ties and enhances regional supply security.
Tanzania in Talks to Revive $42 Billion LNG Project by June
Tanzania is negotiating tax incentives with investors to revive its stalled $42 billion LNG project, Energy Minister Doto Biteko said. Talks with Equinor, Shell, and partners could conclude by June, potentially unlocking 47.13 Tcf of natural gas reserves.
India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
India’s GAIL is reviving plans to secure U.S. LNG supply or acquire a stake in an LNG plant after the Trump administration ended a ban on new export permits. The move could help boost India’s gas consumption and long-term supply security.
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Gazprom’s Grandeur Fades as Europe Moves Away from Russian Gas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
