U.S.

Freeport LNG nears end of expansion that will increase output

U.S. liquefied natural gas (LNG) developer Freeport LNG expects to increase production beyond its 15.3-metric MMtpy capacity as it wraps up an expansion project.

U.S. natgas prices rise 3% on rising LNG feedgas and near record heat

U.S. natural gas futures climbed about 3% on Friday as the amount of gas flowing to liquefied natural gas (LNG) export plants rises and on forecasts for near record-breaking heat over the next few days that was on track to boost the amount of gas power generators burn to an all-time high.

Williams to resume Louisiana natgas pipeline project, ending feud with Energy Transfer

Williams Cos has received the green light to continue building its Louisiana Energy Gateway project (LEG), a natural gas pipeline, after a court threw out rival company, Energy Transfer's last bid to halt its construction.

U.S. LNG exports fall again in July on Freeport LNG's slow restart

U.S. LNG exports plunged in July to the second-lowest level of this year, LSEG ship tracking data showed, as Freeport LNG shut for eight days after suffering damage from Hurricane Beryl.

Targa Resources beats 2Q core profit estimates, announces $1-B buyback program

Targa Resources has beat estimates for its 2Q core profit, helped by higher volumes of natural gas and natural gas liquids (NGLs) across its pipelines.

WPC JV takes FID on the 2.5-Bcfd Blackcomb Pipeline project in Texas (U.S.)

The WPC JV (WhiteWater, MPLX, Enbridge) have taken FID on the Blackcomb Pipeline project, which will transport 2.5 Bcfd of natural gas from the Permian Basin to the Agua Dulce area in South Texas (U.S.).

Enterprise to expand operations at the Houston Ship Channel (U.S.) to increase propane/butane exports

Enterprise Products Partners announced an expansion project along the Houston Ship Channel. The company is adding refrigeration capacity that will increase propane and butane export capabilities by approximately 300,000 bpd.

Crowley accepts delivery of largest U.S.-flagged LNG bunker barge

Crowley has accepted delivery of the LNG bunker barge Progress, the largest U.S. Jones Act-compliant vessel of its kind, after construction was completed at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin (U.S.).

U.S. oil and gas mergers continue at furious pace in 2Q

U.S. oil and gas patch deals continued to run hot in 2Q, topping $30 B with big dollar tie-ups pushing values higher.

Judge overturns FERC approval of Williams Cos' $1-B pipeline project (U.S.)

A U.S. appeals court threw out a federal regulator's "arbitrary and capricious" approval of a new $1-B natural gas project running through five mid-Atlantic states and intended to serve 3 MM customers.

SIAD Americas announces another ASU award for the Americas market

SIAD Americas, a wholly owned subsidiary of SIAD Macchine Impianti, S.p.A., announced the award of a 175-tpd air separation unit to be supplied by its affiliate company, SIAD Engineering (Hangzhou) Co., Ltd.

Column: Power sector drives growth in U.S. natural gas demand

The power sector is the only major consumer of natural gas that has shown consistent demand growth in recent years, and has become the driving force behind natural gas demand in the U.S. as consumption from other sectors declines.

Asia's LNG imports shift higher as Europe's fades

Asia continues to draw liquefied natural gas (LNG) from Europe with imports in July rising to the most in six months, even as spot prices stayed near seven-month highs.

Natural gas shows its staying power as U.S. wind output slumps

Power producers in the U.S. are becoming increasingly reliant on natural gas for generation, even as the country builds out renewable energy capacity at a record pace.

Asia spot prices slip as Freeport LNG loadings resume

Asian spot LNG prices eased this week amid a resumption of loading at Freeport LNG in the U.S. and rising inventory levels held by major Japanese utilities.

Natural gas electricity generation in the United States spiked with July heatwave

U.S. power plant operators generated 6.9-MM megawatt hours (MWhr) of electricity from natural gas on a daily basis in the Lower 48 states on July 9, 2024, probably the most in history and certainly since at least January 1, 2019, when we began to collect hourly data about natural gas generation.

Glenfarne Energy Transition’s Texas LNG and EQT execute binding LNG tolling agreement

Texas LNG Brownsville LLC, a 4 MMtpy LNG export terminal to be constructed in the Port of Brownsville, Texas, and a subsidiary of Glenfarne Energy Transition, LLC, and EQT have executed a definitive 20-yr tolling agreement for natural gas liquefaction services for 2 MMtpy of LNG.

Court approves settlement agreement between Zachry Holdings and Golden Pass LNG

Zachry Holdings, Inc. (ZHI) announced that the U.S. Bankruptcy Court for the Southern District of Texas has approved its settlement agreement with Golden Pass LNG Terminal LLC and joint venture partners CB&I LLC and Chiyoda International Corporation.

Judge approves Zachry Holdings, Golden Pass LNG settlement, paving the way for project resumption

A bankruptcy court approved a Zachry Holdings and Golden Pass LNG settlement that will allow ExxonMobil and QatarEnergy, the Golden Pass owners, to hire a new lead contractor to complete its LNG plant.

Woodside's Tellurian acquisition positions the company as one of the largest global LNG suppliers by volume

Addressing Woodside's acquisition of Tellurian and its U.S. Gulf Coast Driftwood LNG project, Daniel Toleman, Research Director for Global LNG at Wood Mackenzie, said, “The acquisition, valued at $1.2 B, presents Woodside with a valuable opportunity to strengthen its position in the Atlantic Basin LNG market. By incorporating the first phase of the Driftwood LNG project, which consists of an 11-metric MMtpy liquefaction capacity into Woodside’s existing 20 MMtpy portfolio, Woodside will emerge as one of the largest global LNG suppliers by volume.”

Archrock to buy natgas compression firm TOPS for $983 MM

Energy infrastructure company Archrock has confirmed it will buy contract gas compression services provider Total Operations and Production Services (TOPS) for ~$983 MM in cash and stock from Apollo Global Management funds.

U.S. wind power falls to 33-month low, generators burn more natgas

The amount of electricity produced by wind farms in the U.S. fell to a 33-month low on Monday, forcing power generators to crank up natural-gas fired plants to keep air conditioners humming during a hot summer day.

Cleanova acquires Sidco Filter Co. and Shawndra Products

Cleanova has successfully Sidco Filter Co. and Shawndra Products Inc., two leading clean tech filtration companies based in the U.S. These strategic acquisitions align with Cleanova’s vision to expand its global footprint and strengthen its presence in the filtration industry.

Viridi Energy signs 20-yr agreement with Énergir L.P. to supply pipeline-quality RNG at scale

Viridi Energy, a leading renewable natural gas (RNG) platform, has signed a 20-yr offtake agreement with Énergir L.P. Énergir, a Quebec, Canada-based diversified energy business, is the largest natural gas distribution company in Quebec as well as, through subsidiaries, the largest electricity distributor and the sole pipeline natural gas distributor in Vermont.

Golden Pass LNG construction could return to normal after settlement

Work to complete the QatarEnergy and ExxonMobil $11-B LNG project in Texas could speed up following a settlement agreement allowing the joint venture to choose a new contractor to take over the development.

Argent LNG selects GTT onshore tank technology to develop its liquefaction facility in Louisiana (U.S.)

Argent LNG's phased development in Port Fourchon, Louisiana will include GTT, a cryogenic membrane containment system used in the transport and storage of liquefied natural gas (LNG).

U.S. natgas prices slide 3% on rising output, oversupply in storage

U.S. natural gas futures slid about 3% on Tuesday on rising output and an ongoing oversupply of gas in storage.

Update: Freeport LNG in Texas resumes exports as gas processing ramps up

U.S. / LNG

The second largest liquefied natural gas (LNG) exporter in the U.S., Freeport LNG, has resumed shipments after shutting operations ahead of Hurricane Beryl, with processing on track to reach about half its capacity on Monday.

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.

Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion (1)

7/22/2024

Australia's Woodside Energy said it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 B including debt.