Regulation
Harris Walks Fine Line on Energy, Keeping Voters and Industry Guessing
Is she the climate and anti-pollution warrior who was attorney general of California? Or the pragmatic Number Two in the Democratic Biden administration that oversaw record U.S. oil production and exports.
NextDecade to Appeal Court Ruling Overturning Rio Grande LNG Project Approval
U.S. liquefied natural gas developer NextDecade said it will appeal a court ruling that overturned federal approval for its $18 billion Rio Grande LNG project and warned loss of its permits could prevent access to its loans.
Germany Issues Arrest Warrant for Ukrainian in Nord Stream Pipeline Attack, But Suspect Has Fled, Officials Say
Poland received a European arrest warrant issued by Berlin in connection with the 2022 attack on Nord Stream pipelines, but the suspect, a Ukrainian man named as Volodymyr Z, has already left Poland, Polish prosecutors told Reuters.
Nigerian Army Destroys 27 Illegal Refineries, Seizes 100,000 Liters of Stolen Oil
Nigerian army troops have destroyed at least 27 illicit refining sites and seized stolen crude oil following raids this week on illegal oil bunkering sites in the Niger River delta, an army spokesperson said on Wednesday.
Texas Oil Regulator Faces Scrutiny as "Zombie" Wells Reemerge
On a sprawling ranch in Pecos County in late July, oil well control specialist Hawk Dunlap used a backhoe to uncover an abandoned or so-called zombie well that had sprung back to life despite being plugged just over a year earlier, hissing gas and bubbling toxic water into the dry Texas dirt.
UK Court Rules Approval for BP-Backed Gas-Fired Power Station Was Lawful
Britain's approval of a new gas-fired power station backed by BP was lawful, London's High Court ruled on Wednesday, dismissing a legal challenge over the project.
Russian Court Freezes $1.2 Billion in Linde UK Assets Over Gas Processing Dispute
A Russian court has ordered that assets worth around $1.15 billion of a British subsidiary of German industrial gases company Linde be frozen in a dispute over a gas processing plant, court filings showed on Wednesday.
Exxon Reports 59 Layoffs to Texas Workforce Commission After Pioneer Acquisition
Exxon Mobil issued a layoff notice to 59 employees as part of its workforce reshuffle following its $60 billion acquisition of Pioneer Natural Resources, according to a filing with the Texas Workforce Commission.
U.S. to Buy 6 Million Barrels of Oil for SPR, Building on 5 Million Bought Last Month
The U.S. is seeking to buy another 6 million barrels of oil from energy companies to help replenish the Strategic Petroleum Reserve (SPR), the Department of Energy said on Monday.
Dangote Refinery Urges Nigeria to Enforce Crude Supply Law for Local Refiners
The Dangote Oil Refinery has called on Nigeria's upstream oil regulator to force producers to abide by a law that stipulates they supply local refineries, saying that lax enforcement was raising its operational costs.
Cheniere Untroubled by LNG Project Setbacks, Cites Strong Regulatory Strategy
Cheniere Energy's CEO, Jack Fusco, stated that the company is not concerned about recent U.S. court rulings that halted other LNG export projects. Fusco highlighted that Cheniere has no ongoing court cases affecting its current operations and is meticulous in adhering to regulatory processes.
Golden Pass LNG Project Delay to Impact Global Gas Markets During Intense Growth Period
The six-month delay to the Golden Pass LNG project in Texas will remove a significant amount of new supply during a period of intense growth, shifting the surge from 2026 to 2027. This will impact both global and North American gas markets, according to Wood Mackenzie.
U.S. Court Overturns FERC Approval for NextDecade’s $18 Billion Rio Grande LNG Project
A U.S. court overturned FERC's approval for NextDecade's Rio Grande LNG project due to a missing supplemental environmental impact statement. NextDecade expressed disappointment and disagreed with the ruling.
Argent LNG Secures Initial FERC Meeting for Louisiana Export Project
Argent LNG has taken a key step toward developing its mid-sized LNG export facility in Louisiana by initiating the pre-filing review with the Federal Energy Regulatory Commission.
Woodside's Browse Gas Project Awaits Decision from Australian Regulator
The $20.5 billion project in waters off Western Australia is the country's largest untapped gas resource but has been stuck on the drawing board for decades.
Venture Global LNG Sues Kiewit for Allegedly Sharing Confidential Documents with Shell
U.S. liquefied natural gas company Venture Global LNG sued construction contractor Kiewit on Friday, alleging it passed confidential documents to Shell Plc.
Chevron-Hess Merger Drags On Amid Exxon Arbitration Challenge
Chevron said an arbitration panel that will evaluate Exxon's challenge to its Hess acquisition should have a decision between June and August 2025.
U.S. Court Delays Citgo Share Auction Decision Until October
A U.S. court on Thursday agreed to delay the selection of finalists in an auction that could change the ownership of Citgo Petroleum, pushing back any sale of the seventh-largest U.S. oil refiner until October.
Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
Williams Cos.’ $1 billion pipeline project is halted after a U.S. appeals court overturns the Federal Energy Regulatory Commission's approval, citing inadequate environmental and public interest reviews.
Iberdrola Faces Up to $535 Million Claim in LNG Contract Dispute with Pavilion
Spanish utility Iberdrola faces claims worth up to $535 million in an arbitration process launched by Singaporean LNG company Pavilion Energy over a supply contract, according to Iberdrola's earnings report.
Freeport LNG Returns to Full Production
Freeport LNG was on track to return to full production on Sunday, pulling over 2 billion cubic feet of natural gas, LSEG data showed.
U.S. Buys Nearly 5 Million Barrels of Oil for Emergency Stockpile
ExxonMobil will supply 3.9 million barrels of the contract, while Macquarie Commodities Trading US LLC will supply the rest, the DOE said.
TC Energy Close to Finalizing Stake Sale in 15,000-Mile Natural Gas Pipeline System, Sources Say
Calgary-based TC Energy is close to finalizing the sale of a stake in its 15,152-mile natural gas pipeline system to Indigenous groups in Western Canada.
Pacific Northwest Hydrogen Hub Wins DOE Phase 1 Award
The Pacific Northwest Hydrogen Association announced it has received Phase 1 award status from the U.S. Department of Energy, making it one of the first U.S. Regional Clean Hydrogen Hubs to achieve this milestone.
Alaska Greenlights Enstar’s $57 Million Pipeline to Boost LNG Imports
(P&GJ) — The project, known as the “Port MacKenzie Expansion,” aims to extend APLC’s existing pipeline infrastructure to connect with a future LNG import terminal.
Zachry Out as Lead Contractor for Texas LNG Project in Settlement with Exxon, Qatar Energy
A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement on Wednesday that will allow Exxon Mobil and Qatar Energy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.
Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
(P&GJ) — Williams has notified FERC of its plans to commence construction for its Louisiana Energy Gateway pipeline on July 25. However, Energy Transfer has responded to the filing with concerns, arguing that Williams is proceeding without full regulatory clarity from FERC on the project’s jurisdictional status.
U.S. Democrats Introduce Bill to Hold Oil Firms Accountable for OPEC Collusion
Democratic U.S. lawmakers on Wednesday introduced a bill to hold energy companies accountable if they are found by federal regulators to have colluded with the Organization of the Petroleum Exporting Countries to raise oil prices.
Illinois Governor Signs Bill Implementing Two-Year Pause on CO2 Pipeline Construction
Governor JB Pritzker has signed the SAFE CCS Act, establishing new safety standards for carbon capture in Illinois and implementing a two-year pause on CO2 pipeline construction.
U.S. Senators Propose Bill to Fast-Track Energy Project Approvals
Senate energy committee leaders introduced legislation to expedite permitting for LNG export projects. The bill sets a 90-day deadline for the Secretary of Energy to approve or deny LNG export applications, aiming to end the current pause on such approvals.
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Germany Issues Arrest Warrant for Ukrainian in Nord Stream Pipeline Attack, But Suspect Has Fled, Officials Say
- TC Energy Completes $1.14 Billion Sale of Portland Natural Gas Transmission System
