U.S.

U.S. natgas prices climb 2% to 15-week high on output drop, demand rise

U.S. natural gas futures climbed about 2% to a 15-week high on Wednesday on a drop in output and forecasts for warmer weather over the next two weeks that should boost the amount of gas power generators burn to produce electricity to keep air conditioners humming.

Turkey signs LNG supply deal with ExxonMobil

Turkey's state pipeline company, BOTAS, and ExxonMobil signed an LNG supply agreement, as Turkey aims to diversify its energy sources.

Oneok to acquire strategic U.S. Gulf Coast NGL pipelines for $280 MM

ONEOK will acquire a system of NGL pipelines from Easton Energy for approximately $280 MM.

Sempra revisits choice of Bechtel on Cameron LNG expansion to cut costs

Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs.

Investments surge on strong demand outlook for LNG bunkering

Drewry projects more than 1,000 LNG-fueled vessels to be in service by 2027. However, development of the bunkering infrastructure appears to be lagging in comparison to the growth in fleet as well as the potential demand, which could take a leap of 30 MMtpy by 2028.

Worley selected to support the Bayou Bend CCS project

Worley, a global professional services company of energy, chemicals and resources experts, has been selected to design and evaluate carbon dioxide (CO2) gathering, handling and sequestration facilities for the Bayou Bend CCS LLC (Bayou Bend) joint venture located along the Gulf Coast in Southeast Texas.

NextDecade plans to take FID on LNG train 4 in 2H of this year

In the company's Q1 business update, NextDecade's Chairman and Chief Executive Officer, Matt Schatzman, provided an update on the company's LNG terminal project in south Texas (U.S.).

Golden Pass LNG in discussions with contractor, may delay startup

Golden Pass LNG, a JV between QatarEnergy and Exxon Mobil, said it was in ongoing talks with a contractor that could have near-term impacts on activity at its site.

Panama Canal in talks with US LNG producers to increase transit

The Panama Canal is in talks with U.S. liquefied natural gas (LNG) producers on how to meet increased demand for crossings as water levels recover after a prolonged drought

Trump vows to target EVs, LNG exports in meeting with oil CEOs

Republican presidential candidate Donald Trump vowed to reverse dozens of the Biden administration's environmental rules and policies at a meeting with top U.S. oil executives.

ConocoPhillips boosts processing efficiency with new Zia Hills Central Facility

ConocoPhillips’ newest central processing facility is significantly enhancing the company’s Zia Hills asset in New Mexico by optimizing operational costs, expanding processing capacity, reducing surface footprint and curbing emissions.

Analysis: U.S. gas surplus will be eliminated before end of winter 2024/25

U.S. gas inventories are near record highs for this time of year after exceptionally mild temperatures linked to the El Niño weather phenomenon slashed gas and electricity consumption for heating during the winter of 2023/24.

API announces strategic partnership with the Brazilian Petroleum and Gas Institute

The American Petroleum Institute (API) has signed a memorandum of understanding (MOU) with the Brazilian Petroleum and Gas Institute (Instituto Brasileiro de Petróleo e Gás — IBP). This agreement formalizes an important alliance aimed at strengthening collaboration and technical exchanges between both organizations and our members.

Williams expects to win Energy Transfer dispute on Louisiana natgas pipe

U.S. energy firm Williams Co. said on Tuesday it still expects to overcome a pipeline dispute with rival Energy Transfer and complete its Louisiana Energy Gateway natural gas project in the second half of 2025.

U.S. power and natgas prices turn negative in Texas, California and Arizona

U.S. spot power and natural gas prices turned negative in Texas, California and Arizona for Tuesday as pipeline maintenance trapped gas in the Permian Shale in West Texas amid low demand for energy and ample hydropower in the West.

U.S. natgas flows to Freeport LNG in Texas rise to 2-mos high

The amount of natural gas flowing to Freeport LNG’s export plant in Texas rose to a two-mos high on Sunday in what energy traders said was another sign that the plant was wrapping up a series of outages over the past month or so.

Plug expands cryogenic sales with multiple customer agreements

Plug Power Inc., a global leader in comprehensive hydrogen (H2) solutions for the green H2 economy, has been awarded contracts to supply cryogenic equipment to a multinational industrial gas company and a statewide electric utility company.

Thiozen pilot successfully produces zero-emissions H2 from sour gas waste streams

Thiozen announced the success of an in-field pilot unit in the Permian Basin, the first-ever demonstration of a process to simultaneously de-sour natural gas and produce clean H2 for use by the energy industry.

U.S. stands to lose Canadian natural gas when LNG Canada terminal starts up

The startup of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high.

U.S. natgas prices jump 5% on higher demand forecast, lower output

U.S. natural gas futures jumped about 5% on Thursday on a continued drop in output and more demand next week than previously expected is forecasted due to an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants.

Texas operators turn to flaring amid weak gas prices

Operators drilling for oil in Texas are scrambling to dispose of excess natural gas amid a supply glut and weak prices, prompting a sharp rise in flaring requests.

U.S. LNG exports fall in April for fourth straight month

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 MM metric t in April from 7.61 MM metric t in March on production outages, preliminary data from financial firm LSEG showed.

TotalEnergies, Vanguard Renewables join forces to develop renewable natural gas in the U.S.

TotalEnergies, a global integrated energy company, and Vanguard Renewables, a U.S. leader in farm-based organics-to-renewable natural gas production and a portfolio company of a fund managed by BlackRock’s Diversified Infrastructure business, have signed an agreement to create an equally owned joint venture (JV) to develop, build and operate Farm Powered® renewable natural gas (RNG) projects in the U.S.

IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty

Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA).

U.S. natgas flows rise to 3-week high as Texas Freeport pulls in more fuel

The amount of natural gas flowing to the seven U.S. LNG export plants was on track to rise by about 5% to a three-week high as Freeport LNG in Texas started to pull in more feedgas.

Turkey in talks with ExxonMobil over multibillion-dollar LNG deal

Turkey is in talks with U.S. energy giant ExxonMobil over a multi-billion-dollar deal to buy LNG, in an effort to curb its dependence on Russian energy.

Top Tellurian executives poised for big payday if LNG plant goes ahead

Top executives of U.S. LNG developer Tellurian Inc could earn tens of millions of dollars if its proposed Driftwood LNG plant gets a green light, or if company is sold.

As demand for U.S. LNG booms, one plant struggles to stay online

The second-largest U.S. LNG export facility has been running below 80% of its capacity due to technical problems, data from financial firm LSEG showed, denting U.S. exports.

U.S. natgas drops on lower feedgas to Freeport LNG, storage surplus

U.S. natural gas futures slipped ahead of the expiration of the May contract, weighed down by a drop in feedgas to Freeport LNG's Texas export terminal and a huge surplus of gas in storage.

Aspen Technology introduces new strategic planning for sustainability pathways solution

Aspen Technology, Inc. introduced AspenTech Strategic Planning for Sustainability Pathways – a new and unique integrated modelling and optimization solution that aims to guide companies in carbon capture utilization and storage decision making and sustainability strategy investments.