Regions
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.
Sapphire, Tulip Compression to Deploy Clean Energy Tech in India’s Gas Sector
The collaboration will bring Sapphire’s FreeSpin In-line Turboexpander (FIT) technology to pressure regulation stations across the country, aiming to improve energy efficiency and reduce emissions.
Energy Transfer Secures Natural Gas Supply Deal with CloudBurst for Texas Data Center
Energy Transfer signed a long-term natural gas supply agreement with CloudBurst Data Centers for its planned Texas facility, marking the pipeline operator’s first direct deal with a data center.
Recent Cold Snap Led to Fourth-Largest U.S. Natural Gas Storage Withdrawal, EIA Says
The U.S. recorded its fourth-largest weekly natural gas storage withdrawal in mid-January as frigid temperatures drove up consumption, the EIA said. Stocks fell by 321 Bcf, nearly 70% above the five-year average, with inventories now 4% below historical levels.
ADNOC Secures 5-Year LNG Supply Deal with India’s BPCL
ADNOC will supply 2.5 million tons of LNG to Bharat Petroleum Corp. over five years, with deliveries starting in April. The deal will be formalized during India Energy Week, alongside a separate 15-year LNG agreement with Indian Oil Corp.
Taiwan Eyes Alaskan LNG Imports Amid U.S. Tariff Concerns
Taiwan is considering importing natural gas from Alaska to help reduce its trade surplus with the U.S. and avoid potential tariffs. State-run CPC is assessing feasibility, as Taiwan looks to diversify energy imports beyond Australia and Qatar.
Baltic States Cut Ties with Russia’s Power Grid, Link to EU System
Estonia, Latvia, and Lithuania have officially disconnected from Russia’s electricity grid and linked to the EU system, marking a historic shift aimed at enhancing energy security and reducing dependence on Moscow.
Germany's Brunsbuettel, Wilhelmshaven LNG Terminals See Strong Demand for Regas Slots
Germany’s Deutsche Energy Terminal successfully sold all available LNG regasification slots at Brunsbuettel and Wilhelmshaven, reflecting strong demand as Europe seeks alternative gas supplies.
Venture Global’s CP2 LNG Project Advances with Environmental Report
Venture Global's CP2 LNG export project in Louisiana moves forward as FERC staff releases a draft environmental report, concluding emissions impacts are "not significant."
Sarawak Gas Deal to Have Limited Impact on Petronas Earnings, Analyst Says
Petronas' earnings are expected to take only a minor hit—up to 11%—from its gas distribution deal with Sarawak, analysts say, though the agreement could set a precedent for other states to seek greater control.
Pakistan May Renegotiate LNG Deal with Qatar in 2025
Pakistan’s LNG agreement with Qatar includes a clause allowing renegotiation in 2025, but no decision has been made, according to the country’s petroleum minister.
Canada's AltaGas, Keyera Sign Long-Term LPG Processing Agreements
AltaGas and Keyera have signed long-term agreements for LPG processing, securing export capacity at Ridley Island and fractionation services in Saskatchewan, strengthening Canada’s energy ties to Asia.
North Sea Midstream Partners Names Angela Fletcher as CEO
Fletcher, who has served as NSMP’s chief commercial officer for the past year, takes over as the midstream operator continues efforts to support UK energy security and transition efforts.
Maryland Lawmakers Push to Curb BGE Pipeline Spending, Citing Safety and Cost Concerns
Maryland lawmakers and regulators are raising concerns over Baltimore Gas & Electric’s (BGE) multibillion-dollar pipeline replacement program, citing rising costs for consumers and questions about its effectiveness in improving safety.
Alberta Eyes Japan for LNG Deals Amid U.S. Tariff Threat, Minister Says
Canada's Alberta province, a major gas producer, needs to find new export markets in face of a U.S. tariff threat, and expanding in Japan is an important target, its minister of environment and protected areas, Rebecca Schulz, told Reuters.
Harvest Alaska to Redevelop Kenai LNG Terminal to Boost Southcentral Gas Supply
Harvest Alaska has reached an agreement with Marathon Petroleum Corporation (MPC) and Chugach Electric Association to acquire and redevelop the Kenai LNG Terminal, aiming to address Southcentral Alaska’s energy needs.
Total CEO Says Company Rejected Venture Global as LNG Supplier Over Lack of Trust
TotalEnergies rejected opportunities to become a long-term customer of Venture Global LNG's U.S. terminals because it did not trust the company, CEO Patrick Pouyanné told Reuters on Wednesday.
Iraq Approves Compensation Plan to Resolve Kurdistan Oil Dispute
Iraq’s parliament on Sunday approved a budget amendment to subsidize production costs for international oil companies operating in the semi-autonomous Kurdistan region in a move aimed at unblocking northern oil exports, lawmakers said.
Gazprom Resumes Gas Supplies to Slovakia’s SPP via TurkStream
Russia's Gazprom began supplying gas to Slovakia's SPP again at the beginning of February, using volumes given up by Hungary on the TurkStream pipeline, SPP said on Thursday.
MPLX Expands Permian NGL, Natural Gas Takeaway with Gulf Coast Projects
MPLX is ramping up Permian NGL and natural gas takeaway with new pipelines, fractionation facilities, and an LPG export terminal, boosting Gulf Coast capacity.
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
