Regions
Phillips 66 outlines nearly $3-B capital program for 2025
Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.
bp and XRG close deal to launch new natural gas platform
bp and XRG have reached financial close and completed formation of their new joint venture and international natural gas platform – Arcius Energy. The JV will initially focus on development of gas assets in Egypt.
Avergies, Valorizon and Waga Energy join forces to produce RNG in Southwestern France
As part of an environmental project, Valorizon and Avergies have chosen Waga Energy to recover biogas from the Albié non-hazardous landfill in Monflanquin (Southwestern France).
REV LNG provides first LNG fueling operation for McAsphalt Advantage
REV LNG LLC (REV), a leading mobile energy services and project development company, has completed the first liquefied natural gas (LNG) fueling operation for the newly delivered McAsphalt Advantage, a bitumen carrier that will serve the operations of McAsphalt Marine Transportation Ltd.
Boardwalk makes FID on Gulf South Pipeline’s Kosci Junction pipeline project
Boardwalk Pipelines LP's board of directors has made a final investment decision (FID) approving Gulf South Pipeline Company LLC's (Gulf South) 1.16-Bft3d Kosciusko Junction pipeline project (Kosci Junction Project).
Hydron Energy signs commercial collaboration agreement with FortisBC
Hydron Energy Inc., the cleaner fuel company that has developed the low-cost INTRUPTor™ gas upgrading solution, has signed a collaboration agreement with FortisBC Energy Inc. to evaluate the feasibility of using Hydron Energy's biogas upgrading equipment at locations in British Columbia, Canada—potentially improving costs related to the purification of renewable natural gas (RNG) production and further reducing greenhouse gas emissions.
Moldova declares state of emergency as risk of Russian gas cutoff looms
Moldova's parliament voted early on Friday to impose a national state of emergency for 60 days starting on Dec. 16 due to an expected cut-off of Russian gas supplies from Jan. 1.
U.S. natgas prices slip 2% from 13-month high on rising output
U.S. natural gas futures fell about 2% on Friday from a 13-month high reached in the prior session on increased supplies as producers keep pulling more gas out of the ground in anticipation of rising demand from cold winter weather and higher gas flows to liquefied natural gas (LNG) export plants.
Hungary says Russian gas payment issue has been resolved
Hungary has found a solution that will allow it to pay for Russian gas shipments via the Turkstream pipeline from Bulgaria without falling foul of U.S. sanctions, its foreign minister said on Friday, without providing details of the agreement.
Venture Global's Plaquemines plant set to produce first LNG
Venture Global LNG is on track to inaugurate liquefied natural gas (LNG) production at its Plaquemines export plant in Louisiana (U.S.) as soon as this week.
Wood Mackenzie: Defining the energy transition
As the energy landscape rapidly transforms due to decarbonization, electrification and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report.
Hydrom and thyssenkrupp nucera collaborate on developing Oman’s green hydrogen industry
Hydrogen Oman and thyssenkrupp nucera have signed a Memorandum of Understanding to work together in supporting the growing green hydrogen sector in the Sultanate of Oman.
TES accelerates CO2 export terminal at Wilhelmshaven Green Energy Hub
Tree Energy Solutions (TES), a global green energy company leading the way in the production of e-NG [electric natural gas derived from green hydrogen (H2)], is advancing its Green Energy Hub in Wilhelmshaven, Germany with the development of a liquid carbon dioxide (CO2) export terminal.
GOP lawmakers slam New York for blocking $500-MM pipeline project
In a Dec. 5 letter addressed to Governor Hochul, Republican lawmakers from New York and Pennsylvania (U.S.) expressed strong criticism of New York State's decision to block the Northern Access Pipeline, a $500-MM natural gas infrastructure project.
European multinational industry alliance to establish H2 single market via H2Med Corridor
Almost 20 European companies, including thyssenkrupp nucera, have created an alliance for the H2Med Southwestern Hydrogen Corridor. This initiative unites companies from France, Germany, Portugal and Spain to advance a European H2 single market by connecting H2 production, storage and consumption projects.
Technip Energies, GE Vernova awarded contract for Net-Zero Teesside Power project
Technip Energies, leader of a consortium with GE Vernova and construction partner Balfour Beatty – with the support of technology partner Shell Catalysts & Technologies – received Notice to Proceed by NZT Power Limited to execute a major(1) contract for the Net Zero Teesside Power (NZT Power) project in the United Kingdom.
INEOS-led Greensand to become first full-scale CO2 storage facility in EU
INEOS, the day-to-day operator, of ‘Greensand Future’ and its partners, Harbour Energy, and Nordsøfonden have announced the final investment decision (FID) to safely and permanently store carbon dioxide (CO2) from Danish emitters in a depleted oil field in the Danish North Sea.
Europe energy markets are well supplied but prices too high, SEFE CEO says
European energy markets are very well supplied but market prices are significantly higher than before, leading to Europe losing a competitive edge in the global economy, the head of nationalized German energy firm SEFE said.
Qatar energy minister has no concerns over Trump vow to lift LNG exports cap
Qatar has no concerns about U.S. President-elect Donald Trump's promise to lift a cap on liquefied natural gas (LNG) exports, Qatar's Energy Minister Saad al-Kaabi said on Saturday, adding his country would cope with any competition.
U.S. natural gas up more than 3% to 1-week high as weather turns colder
U.S. natural gas futures rose > 3% to more than a one-week high on Monday, helped by a shift in short-term forecasts to cooler weather that would lead to increased gas demand for heating.
Energy Transfer makes FID on Permian Basin pipeline
Energy Transfer LP has reached a positive final investment decision (FID) for the construction of an intrastate natural gas pipeline connecting Permian Basin production to premier markets and trading hubs.
NMED fines natural gas firm $47.8 MM for harmful emissions
The New Mexico Environment Department (NMED) initiated an enforcement action against Targa Northern Delaware LLC, a subsidiary of Houston, Texas-based (U.S.) natural gas firm Targa Resources Corp., for emissions releases far greater than permitted limits at its Red Hills Gas Processing Plant near Jal in Lea County.
Gas price shock set to add to Europe's industrial pain
Europe's struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas (LNG) intensifies, and the prospect of reduced Russian supplies looms.
ONEOK completes NGL fractionation and pipeline expansion projects
ONEOK Inc. has completed MB-6, a 125,000-bpd natural gas liquids (NGL) fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL Pipeline system.
Biden Administration to release LNG study by mid-December
The U.S. plans to issue a study on the environmental and economic effects of liquefied natural gas (LNG) exports by the middle of this month, a Department of Energy (DOE) official said on Wednesday.
Novatek will continue to develop LNG projects amid rising demand, RIA says
Russia's largest producer of LNG, Novatek, will continue to develop its LNG projects to meet rising global demand, the Russian state-run RIA news agency reported on Thursday, citing the company's head, Leonid Mikhelson.
Polish pipeline operator offers firm capacity to transport gas to Ukraine in 2025
Polish gas pipeline operator Gaz-System will offer firm capacity to export gas from Poland to Ukraine between Jan. 1 and Sept. 30 next year, the company said on Friday.
Sembcorp Industries inks 10-yr LNG supply deal with Chevron's Singapore unit
Sembcorp Industries said its Sembcorp Fuels unit signed a deal with Chevron USA's Singapore unit to import up to 0.6 MMtpy LNG starting in 2028.
bp seeks buyers for U.S. natural gas pipeline system stake
bp is seeking buyers for a stake in its U.S. natural gas pipeline network. The British energy company could raise up to $3 B from the sale, with sources saying that bp may sell up to a 49% stake in the business.
AGDC statement on AIDEA resolution supporting Alaska LNG
The Alaska Gasline Development Corporation (AGDC) has released the following statement regarding Wednesday’s AIDEA resolution supporting the development of Alaska LNG Phase 1, the in-state pipeline portion of Alaska LNG designed to bring North Slope natural gas to Interior and Southcentral Alaska.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
