Regions
Billionaire Razon to Acquire 60% of First Gen’s Gas Assets for $896 Million
Billionaire Enrique Razon’s Prime Infra will acquire a 60% stake in First Gen’s gas business for $896 million, with the Lopez family retaining 40%. The deal includes a planned facility in Batangas and aligns with First Gen’s push to expand renewables.
Wood Mackenzie: U.S. Gas Sector Set to Benefit as Henry Hub Prices Poised to Climb
Wood Mackenzie analysts project Henry Hub gas prices will rise to $5 by 2030 and $6 by 2035, driven by surging demand from data centers, LNG exports, and domestic manufacturing. The firm identifies EQT, Expand, and Antero as top producers most exposed to the upside.
North Dakota’s Bakken Basin Set for Midstream Comeback, Experts Say
Experts see a midstream resurgence in North Dakota’s Bakken region, citing increased oil and gas production, pipeline expansions, and long-term infrastructure planning.
Global News June 2025
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
Marcellus and Utica Push Ahead Despite Regulatory Hurdles
As President Trump’s administration signals support for domestic energy, midstream leaders in the Marcellus and Appalachian region push for permitting reform, expanded pipeline infrastructure, and policy changes to drive oil and gas growth.
Oil Leak Shuts Pipeline Feeding Libya’s Largest Refinery
Libya’s National Oil Corporation halted flow from the Hamada oilfields after an oil leak was detected on a pipeline near the Zawiya refinery, the country’s largest. Recovery and investigation efforts are underway to address environmental impacts.
Controversial 98-Mile Gas Pipeline to Link Malta, Italy Draws EU Pushback
A gas pipeline between Malta and Italy has become one of the EU’s most contentious energy projects — with ties to scandal, climate backlash, and high-stakes political pressure. What’s really behind the Melita pipeline debate?
Sinopec Sets Up China’s Largest Hydrogen Venture Fund at $690 Million
China's state-owned energy giant Sinopec has launched a $690 million venture capital fund—the country's largest of its kind—to accelerate early-stage investments across the hydrogen energy value chain.
U.S. Axes 24 Clean Energy Projects, Including Exxon’s Baytown Hydrogen Plan
The U.S. Department of Energy has canceled more than $3.7 billion in clean energy awards issued under the Biden administration, including a major hydrogen project at ExxonMobil's Baytown refinery. The move aligns with the Trump administration's broader rollback of climate policies.
Sempra’s Port Arthur Phase 2 Gets Final U.S. Approval to Export LNG
Sempra's Port Arthur Phase 2 project in Texas has received final approval from the U.S. Department of Energy to export liquefied natural gas, marking the first such authorization under President Trump. The project is expected to export nearly 2 Bcf/d once completed.
Australia Approves Viva Energy’s Geelong LNG Terminal as Gas Shortage Looms
Viva Energy has received a key approval for its Geelong LNG terminal in Victoria, aiming to address mounting gas shortage risks on Australia’s east coast. The company now looks toward final investment decisions with an eye on first gas by winter 2028.
Tejon Expands Mongoose Gas Treatment Plant in Midland Basin
The expanded plant accommodates 70 MMcf/d and now operates over 90 miles of pipeline which services Bayswater and a growing network of regional producers, Tejon announced.
Matador Boosts Gas Processing Capacity with Marlan Plant Expansion
The successful expansion of the Marlan Plant on time and on budget adds an incremental 200 million cubic feet per day of natural gas for a new total capacity of 260 MMcf/d in New Mexico.
Energy Transfer to Supply 1 MMtpa Lake Charles LNG to Kyushu Electric
Under the deal with Kyushu, Energy Transfer LNG will supply up to 1.0 MMtpa of LNG on a free-on-board (FOB) basis, and the terms are subject to Energy Transfer LNG reaching FID on the Lake Charles LNG project.
NextDecade Signs 20-Year LNG Purchase Agreement with Japan's JERA
NextDecade Corporation has executed a 20-year LNG sale and purchase agreement (SPA) with JERA for offtake from Train 5 at the Rio Grande LNG Facility. Under the terms of the SPA, JERA will purchase 2.0 MMtpa of LNG for 20 years on a free on-board basis at a price indexed to Henry Hub, subject to a positive Final Investment Decision (FID) on Train 5.
BP Delivers First Gas from Trinidad's Mento Field
bp Trinidad and Tobago (bpTT) has safely delivered first gas through connection of the initial discovery well at the Mento development, offshore Trinidad. Mento is a 50/50 joint venture between bpTT and EOG Resources. bpTT and EOG are currently working on the Coconut gas development under a similar joint venture arrangement, with start-up expected in 2027.
Caspian Pipeline Consortium Announces Significant Increase in 2025 Oil Exports
The Caspian Pipeline Consortium, which supplies oil from Kazakhstan and Russia via a Black Sea terminal, said on Wednesday it shipped more than 28 million metric tons (MMt) of oil from January to May 23, 1.4 MMt more than a year earlier.
Natural Gas Flows to Freeport LNG Plant Dropped Wednesday, Sources Say
Natural gas flows to a Freeport liquefied natural gas (LNG) export plant in Texas declined on Wednesday, likely leading to a reduction in LNG output, two sources said. When flows to Freeport drop, gas prices in the U.S. usually decline due to lower demand from the plant for the fuel. Freeport declined to comment.
U.S. Natural Gas Prices Drop to One-Week Low Amid Talk of Freeport LNG Reduction
U.S. natural gas futures fell about 6% on Wednesday to a one-week low in volatile contract expiration trade, pressured by an expected decline in gas flows to LNG export plants. Traders said Freeport LNG in Texas might reduce output and they pointed to forecasts for less demand this week than previously expected.
U.S.-Licensed Buyers of Venezuelan Crude Load Final Cargoes as Deadline Passes
The U.S. Treasury and State departments gave companies including Chevron, Maurel & Prom and Repsol until May 27 to receive cargoes of Venezuelan crude, fuel and byproducts as authorizations granted in recent years were revoked in March as part of the Trump administration's harder stance towards the sanctioned country.
Pipeline Projects Boost Midstream Capacity Across Brazil, Argentina, and Bolivia
Four major pipeline projects across Brazil, Argentina, and Bolivia are expanding South America's midstream capacity in 2025, including natural gas and crude oil infrastructure developments.
Cheniere Signs 15-Year LNG Purchase Deal with Canadian Natural Resources
U.S. LNG exporter Cheniere Energy said on Wednesday its unit has entered into a long-term agreement to purchase natural gas from Canadian Natural Resources. Canadian Natural Resources has agreed to sell 140,000 MMBtu per day of natural gas to Cheniere for 15 years, which is expected to commence in 2030.
Australia Clears Woodside to Run North West Shelf LNG Plant to 2070
Australia conditionally approved on Wednesday a request by Woodside Energy to extend until 2070 the life of its North West Shelf gas plant, following a six-year review dogged by delays, appeals and backlash from green groups.
German Gas Pipeline Lobby Proposes Reforms to Cut Storage Costs
Germany's pipeline lobby group has proposed a new approach to gas storage, including a permanent national reserve, it said on Wednesday, in an effort to reduce the cost of building up an energy buffer ahead of the European winter.
U.S. Judge Extends Citgo Share Auction Bidding Deadline to June 2
A U.S. federal judge has extended to at least June 2 a period for bidders to submit rival bids in a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to a filing released on Tuesday.
China's LNG Demand Slows on Rising Gas Output, Pipeline Supplies
China's rising natural gas output and pipeline supply are slowing its liquefied natural gas imports this year, capping prices in the region, but industry executives expect LNG demand from its industrial and power sectors to grow in the long run.
U.S. Natural Gas Prices Rise Slightly on Output Dip, Increased Demand
U.S. natural gas futures edged up about 1% on Tuesday after the long U.S. Memorial Day holiday weekend, on a drop in output so far this month, forecasts for more demand this week than previously expected and hotter-than-normal weather this summer that should boost the amount of gas power generators burn to keep air conditioners humming.
Gazprom Lists Moscow Gas Retail Offices for Sale at $129 Million
Russian energy giant Gazprom said on Tuesday it had put a business center near Moscow that housed its offices up for sale for a starting price of 10.34 billion roubles ($129 million). Gazprom moved to sell several real estate assets last year after posting a 2023 loss of almost $7 billion as gas exports to Europe collapsed.
Ukraine Seeks to Lower Gas Import Costs via Trans-Balkan Pipeline
Ukraine's energy regulator has approved a gas import mechanism that will avoid high transit fees when supplying gas through the Trans-Balkan pipeline from Greece to Ukraine, the Ukrainian energy ministry said on Tuesday.
Glenfarne Partners with Worley on Final Engineering for 807-Mile Alaska LNG Pipeline
Glenfarne Alaska LNG has selected Worley to undertake additional engineering and prepare a final cost estimate for the Alaska LNG Pipeline in sufficient detail to achieve final investment decision (FID) for the pipeline.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- Cheniere Seeks FERC Approval to Expand Sabine Pass LNG Facility
- Heath Consultants Exits Locate Business to Expand Methane Leak Detection Portfolio
