Regions
ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B
ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.
Oceaneering conducts Freedom AUV pipeline inspection pilot for TotalEnergies
TotalEnergies and Oceaneering International, Inc. announced that the Freedom™ autonomous underwater vehicle (AUV) has completed a pipeline inspection industrial pilot, demonstrating its capabilities for sustainable commercial pipeline inspection missions.
Argentina government unblocks key Petrobras gas shipment amid supply cuts
Argentina's government, facing domestic gas shortages and targeted service cuts, has unblocked the unloading of a key Petrobras gas shipment, which it added should stabilize local supply.
U.S. natgas prices slide 3% on rising output, high stockpiles
U.S. natural gas futures slid about 3% on Wednesday on signs some drillers were starting to pull more gas out of the ground and worries about the tremendous oversupply of gas still in storage.
Congo Brazzaville becomes an LNG exporting country
After years of either declining or stable domestic natural gas production, the Republic of the Congo began exporting LNG for the first time when the first phase of a two-phase FLNG project began operating in February 2024.
TES, OQ Alternative Energy sign JSA for an e-NG facility in Oman
TES and OQ Alternative Energy announced that they have entered in a Joint Study Agreement to assess the development of an e-NG facility in Oman.
Hess shareholders sign off on $53 B sale to Chevron
Hess shareholders approved the proposed $53 B merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival ExxonMobil's massive Guyana discoveries.
Aethon Energy to buy Tellurian upstream assets for $260 MM
Aethon Energy will acquire Tellurian's upstream assets for $260 MM and purchase 2 MMtpy of LNG from its Driftwood LNG plant, the companies said on Wednesday.
Pinon Midstream increases sour gas treating capacity in Delaware Basin, New Mexico (U.S.)
Piñon Midstream announced the commissioning of its third 450-gpm amine treating unit, which is now in service at its sour natural gas treating and carbon capture facility, the Dark Horse Treating Facility, New Mexico.
Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
With the growing need to develop local, low-carbon energies, Veolia, a leader in bioenergies, Waga Energy, a global expert in the production of renewable natural gas (RNG) from landfills, and ENGIE, a world leader in low-carbon energy and services, have created an unprecedented partnership to take a significant step forward in the development of the RNG industry in France.
UK's National Grid seeks buyer for Europe's biggest LNG terminal
British energy infrastructure operator National Grid said it is looking to sell its Grain liquefied natural gas (LNG) terminal in Britain, Europe's largest such facility, in a bid to streamline operations.
Norway's Nyhamna gas plant evacuated due to fire
Norway's Nyhamna natural gas processing plant, which supplies Britain through a pipeline under the North Sea, was evacuated on Tuesday following a fire.
Russia's January–April natural gas output up 7.8%
Russia's natural gas output for January to April rose 7.8% yr-on-yr to 253.3 Bm3 thanks to a rising domestic demand and eastbound exports.
EU approves law to hit gas imports with methane emissions limit
European Union countries approved a law on Monday to impose methane emissions limits on Europe's oil and gas imports from 2030, pressuring international suppliers to cut leaks of the potent greenhouse gas.
Finland’s Gasgrid has sold 95% of 2024 LNG terminal capacity
The LNG terminal operated by Gasgrid in Inkoo has already sold 95% of its reservation capacity for this year.
Energy Transfer expands Permian presence with $3.25-B acquisition of WTG Midstream
Energy Transfer said it will buy WTG Midstream Holdings in a deal valued at about $3.25 B, the latest acquisition in the midstream sector aimed at expanding transportation and processing network in the Permian Basin.
Asian spot LNG prices at five-month high on firm demand, geopolitical risks
Asian spot liquefied natural gas (LNG) prices surged to a five-month high, marking the fourth consecutive week of gains.
Equinor to invest more than $1.1 B to further develop gas infrastructure in the Troll West gas province
Equinor and the Troll partners have decided to invest just more than $1.1 B to further develop the gas infrastructure in the Troll West gas province.
Indian refiners’ use of crude tankers to export diesel slows in May
Indian refiners' use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month
Ohmium selected to provide 10-MW PEM electrolyzers for green H2 project in Croatia
Ohmium International was selected to equip the first green H2 project in Croatia with a PEM electrolyzer.
Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause
Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause
U.S. natgas prices jump 6% to 4-month high as rising LNG feedgas boosts demand
U.S. natural gas futures jumped about 6% to a four-month high on Wednesday on lifted forecasts for weekly demand and as more gas was flowing to liquefied natural gas (LNG) export plants with flows to Freeport LNG’s plant in Texas up to an 11-month high.
Australian natural gas industry seeks policy repairs to boost investment
Australia's natural gas industry executives are seeking more measures to restore an investment environment they say has been damaged by a series of state interventions to boost domestic supply and curb soaring energy prices.
Tecnimont, Baker Hughes awarded an EPC contract for Hassi R'mel (Algeria) gas gathering system upgrade
MAIRE announced that a consortium composed by its subsidiary Tecnimont Integrated E&C Solutions and Baker Hughes has been awarded by SONATRACH an EPC contract for the implementation of three gas boosting stations and the upgrading of the gathering system, located at the Hassi R’mel gas field, 550 km south of Algiers.
JERA warns of switching investment from Australia unless it gets govt support
Japan's top power generator JERA warned on Thursday it could consider fuel purchases and investments in Asia, the Middle East and the U.S. if Australia does not provide sufficient financial support.
Youth climate-change lawsuit targets Alaska LNG project
Eight young Alaska residents sued the state on Wednesday seeking to block a major natural gas project, the latest in a string of climate-change related lawsuits by youths arguing that government policies promoting fossil fuels violate their rights.
bp pauses gas-field talks with Venezuela as license expires
Oil major bp has paused discussions with Venezuela on the development of a gas project on the maritime border with Trinidad and Tobago following the expiration of a U.S. license to Venezuela in April.
Developer seeks permit to send U.S. gas to Mexico for LNG exports
A Mexican energy developer is seeking U.S. permission to export gas to Mexico, turn it into liquefied natural gas (LNG) and send it to countries with U.S. free-trade agreements.
Shell sees emerging Asian markets taking more of world's growing LNG supply
Shell expects its Australian supplies of LNG to help meet demand from emerging markets in south and southeast Asia, which are tipped to absorb some of the pick up in global supplies towards the end of this decade.
ADNOC to acquire 10% equity stake in major LNG development in Mozambique
ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
