Natural Gas Pipeline

Energy Transfer announced on Thursday that it will suspend the development of its Lake Charles liquefied natural gas export facility to allocate funds to pipeline projects. Pipeline and storage companies The company had developed the LNG facility that produces 16.5 million metric tons of LNG per year and said previously that it had sold the majority of its production to long-term customers. The facility would be given the green light to proceed if it sold at least 80% of the project to equity investors. The suspension comes amid fears of a global oversupply, as new production is brought online. Energy...

Energy Transfer, a U.S. pipeline company, has secured enough agreements to sell liquefied?gas for it to make a final investment decision about its Lake Charles LNG Project early next year. An executive stated this on Wednesday during the Energy Live conference in Houston. Energy Transfer is developing a?LNG facility in Louisiana with a capacity of 16.5 million metric tonnes per year. Last month, it said that 80% of the project would be sold to equity partners. Amy Chen Davis, vice president at Lake Charles LNG, stated that the marketing aspect of the project was the most uncertain. However, the work...

Enbridge, the Canadian pipeline operator, forecast higher core profits for 2026 as it expects to profit from strong demand and new project entering service. The company predicted an adjusted core income of C$20.2billion ($14.49billion) to C$20.8billion, compared to expectations between C$19.4billion and C$20billion for this year. According to the U.S. Energy Information Administration, increasing demand for AI-fueled power centers and accelerating electrification will push U.S. electricity demand to record highs in 2025-2026. In a press release, CEO Gregory Ebel stated that "we also expect strong growth by 2026 due to recent rate settlements and cases in Gas Distribution and Gas...

By Adriana Barrera MEXICO CITY. Dec 2. Esentia's CEO announced on Tuesday that the company plans to increase its natural gas transportation capacity by 50% in the third phase of a five-year expansion program, betting on a growing demand. In late November, the company raised $457m in its initial public offering to finance expansion and reduce debt. Daniel Bustos, Esentia's CEO, said that the company will expand its interconnected system to 660 million cubic feet. * Esentia has more than 2,000 km (1,243 mi) of pipelines known as the Waha System or Wahalajara, that transport low-cost gas from Waha in...

Targa Resources, a pipeline operator, announced on Monday that it will buy Stakeholder Midstream for $1.25 billion in cash. This deal will expand its processing capacity in Permian basin. Midstream deals are increasing as companies seek to reduce costs, gain scale and access to oil and gas producing regions as well as export facilities along the U.S. Gulf Coast. Targa CEO Matt Meloy stated in a press release that the acquisition was a "nice bolt-on asset" with a significant free cash flow, a volume profile that is stable or modestly increasing and minimal capital requirements. It also came at a...

Energy Transfer, the U.S. pipeline company, will not approve a financial decision for its Lake Charles Liquefied Natural Gas export facility until at least 80% of it has been sold to equity investors. This was announced on Wednesday during a conference call following earnings. Energy Transfer is developing a 16.5 million metric tonne per annum LNG facility in Louisiana. It has already sold the majority of its expected production to customers who have been with them for a long time. However, the project costs are increasing and Energy Transfer wants to share this risk with other equity investors. The company...

Gulf South Pipeline Company LLC (a subsidiary of Boardwalk Pipelines LP) announced Thursday a binding season for the Texas Gateway Project. It invited firm commitments from its customers to reserve capacity on its planned new network. Boardwalk announced in a recent press release that the Texas Gateway Project will connect Gulf South's current network with new pipelines and gather natural gas at the Texas hubs of Katy and Carthage. According to the press release, gas will be delivered in Southwest Louisiana, near Gillis, to meet a growing demand. The project, it said, will provide increased liquidity, security of supply and...

Greenpeace, an environmental group that protests against Dakota Access Pipeline construction, was awarded $667 million in damages by a jury in North Dakota. The judge reduced this amount to about half on Wednesday. The State District Judge James Gion ruled that the amount Greenpeace is owed by Energy Transfer, a pipeline company, should be limited at $345 million. He found some of the damages to be excessive or duplicative. Greenpeace's interim general attorney, Marco Simons said that the group "still believes that the remaining allegations are legally unfounded." The case, he added, "has always involved a wealthy corporate using the...

Kinder Morgan, a U.S.-based pipeline operator, posted an increase in its third quarter profit on Wednesday. This was largely due to higher volumes of gas being transported through the pipelines. Kinder Morgan, for example, is betting on the growing demand for natural gas from LNG export installations as well as an increase in electricity generation due to AI operations and cryptocurrency mining. Kim Dang, CEO of the company, said that "total demand for gas will grow by 20 percent through 2030. This growth is primarily due to LNG exports. We are exploring opportunities to supply more than 10 billion cubic...

The U.S. Energy Information Administration reported on Monday that U.S. natural-gas pipeline exports to Mexico in May 2025 averaged 7.5 billion cubic feet per day (bcfd), the highest monthly volume ever recorded, as Mexico's natural-gas demand increases. The EIA reported that the annual average of U.S. natural-gas pipeline exports to Mexico in 2024 was 6.4 bcfd, which is a 25% rise compared to 2019 and also the highest ever recorded in data dating back as far as 1975. The EIA reported that "Total consumption in Mexico has increased from 7,7 bcfd in 2019-2024 to 8,6 bcfd in the same period....

The global investment firm KKR announced on Wednesday that it had acquired a minority stake in the entity which leases Abu Dhabi National Oil Company (ADNOC's) gas pipeline assets. Financial details were not disclosed. KKR and BlackRock had invested in ADNOC’s oil pipeline assets as early as 2019, acquiring a stake of 40%, which they sold last year. KKR will acquire the minority stake in ADNOC Gas Pipeline Assets via its managed accounts. The company stated that the long-term capital would match the type of investment and the tenure. ADNOC retains ownership of the pipelines and management. ADNOC, the United...

Ares Management announced on Monday that its infrastructure funds had purchased Meade Pipeline, a natural gas pipeline in the U.S. for approximately $1.1 billion. This acquisition adds a major asset to Ares Management's U.S. Energy business at a time when demand for gas and power is surging. The investment company buys it from affiliates XPLR Infrastructure - a leading independent energy producer founded by NextEra Energy. Ares has a greater stake in energy infrastructure, as investors and utilities look for reliable fuel supplies to support intermittent renewables. Steve Porto, partner of Ares Infrastructure Opportunities, said: "Driven largely by industrial activity,...

Ukraine has resumed imports of gas from a pipeline which runs from the Balkan Peninsula to Greece to keep its heating systems and electric system running throughout the winter, after extensive damage caused by intensified Russian airstrikes. In October, Russia intensified its strikes against Ukraine's gas industry, causing it to lose at least half of the country's own production and force Ukraine to import 4 billion cubic meters of additional gas to compensate. According to data from Ukrainian gas transit operator, Ukraine is expected to receive 1.1 million cubic meters (mcm), after importing 0.78 mcm Tuesday. The Transbalkan route connects...

ExPro, a consultancy firm, said that Ukraine will resume imports of gas via the Transbalkan pipe in November after a dramatic increase in Russian attacks against the country's energy and gas infrastructure. In October, Russia intensified its strikes against Ukraine's gas industry. This resulted in Kyiv losing 55% of their own production of gas and forcing them to import an extra 4 billion cubic meters of gas to keep cities warm this winter. ExPro reported that Greek DEPA Commercial and D.Trading, a subsidiary to Ukraine's largest energy company DTEK, as well as Swiss Axpo Trading have booked capacities for the...

The Ukrainian state energy company Naftogaz announced on Wednesday that it had signed a loan agreement with the European Investment Bank worth 300 million euros ($352 millions) for the purchase of gas ahead of winter heating season. Naftogaz is stepping up its efforts to secure funding for the purchase of enough gas to see Ukraine through the winter, after Russian strikes at production facilities reduced domestic output by 40%. Naftogaz agreed to invest an amount equal to the EIB's loan in renewable energy and decarbonisation initiatives as part of this agreement. "300 million euros from the EIB are substantial and...

The CEO of Srbijagas, the state-owned gas company, said that the Serbian oil company NIS, which is owned by Russian Gazprom and Gazprom in majority, had submitted a second waiver request to the U.S. on Wednesday. The sanctions may result in a crude oil supply cut for NIS. It operates one refinery in Serbia, with a capacity of 4.8 millions tons per year. This is enough to cover the majority of Serbia's needs. On January 10, the Office of Foreign Assets Control of the U.S. Treasury placed sanctions against Russia's oil industry and gave Gazprom a 45-day deadline to sell...

Russian President Vladimir Putin satisfied Slovak Prime Minister Robert Fico in the Kremlin on Sunday, Russian television speaker Pavel Zarubin said, as a contract allowing for Russian gas to transit through Ukraine nears its expiry date. Slovakia depends on gas going through Ukraine, and Fico has actually criticised Ukrainian President Volodymyr Zelenskiy for refusing to extend the contract, which expires at the end of the year. Kremlin spokesperson Dmitry Peskov later on informed the TASS news company that the talks had actually ended. He said the two leaders would not issue a joint declaration. Peskov, shown in a video posted...

The President Maia Sandu accused Gazprom on Thursday of creating an energy crisis in Moldova. She said the Russian energy giant refused to supply gas via an alternative route, if fuel stopped flowing through Ukraine by the end of the year. Since Kyiv announced that it would not renew its contract with Gazprom at the end of December, Moldova's 2.5 million residents have been preparing themselves for prolonged power outages. Russia provides Moldova with around 2 billion cubic meters of gas each year via Ukraine. This is piped to the breakaway region of Transdniestria which uses the gas to generate...

Russian gas exports through Ukraine to Europe were down more than 3% on Sunday and Monday from levels seen in current months, while nominations for gas to and from Slovakia were stable, data from Gazprom and a. pipeline operator revealed. Russian gas manufacturer Gazprom said it would send. 40.8 million cubic metres (mcm) of gas to Europe through Ukraine on. Monday, up from 40.6 mcm on Sunday however down from more than 42. mcm seen in recent months. Russia halted gas supplies to Austria's OMV in. mid-November due to a contractual conflict and a court decision. to award the Vienna-based...

The following are the top stories in the Wall Street Journal. Reuters has actually not confirmed these stories and does not vouch for their precision. - U.S. satellite television service provider DirecTV said on Thursday it had ended its contract to acquire Echostar's. satellite tv service, which includes rival Dish TV,. over a stopped working debt-exchange offer. - U.S. President-elect Donald Trump is considering picking Kevin. Warsh as his Treasury secretary with the understanding that he. could later on be chosen to lead the Federal Reserve when Jerome. Powell's term as chair ends in 2026. - U.S. President-elect Donald Trump...

Numerous oil companies consisting of Exxon Mobil and Chevron beat an appeal on Monday by customers who implicated them of conspiring with previous U.S. President Donald Trump, Russia and Saudi Arabia to cut oil production, increasing rates at the pump. In a 3-0 choice, the 9th U.S. Circuit Court of Appeals in San Francisco stated 2 dozen consumers could not pursue class action claims due to the fact that they concerned political questions and the oil-producing policies of foreign countries. The court also found an absence of proof that the oil companies violated antitrust law by conspiring to raise rates....

Czech gas transmission system operator NET4GAS has won an arbitration case against Russian group Gazprom Export over payments it was owed, the Czech business said. In a filing late on Thursday, NET4GAS said a tribunal had bought (Gazprom Export) to pay the claimed amount together with default interest and reimburse N4G for the costs of the proceedings. Gazprom and Gazprom Export did not immediately respond to a. request for remark. NET4GAS has said it was declaring 113 million euros from. Gazprom Export after the Russian carrier stopped working to make payments. under contracts following the halt in products to Europe...

President Vladimir Putin stated on Thursday that Russia aims to keep pumping gas through Ukraine to the European Union but included that Moscow could not force Kyiv to keep the transit agreement which expires at the end of this year. As for Ukraine, we are not abandoning this transit, strangely enough. Why? Since we, and Gazprom, intend to satisfy all our commitments to our consumers with whom we have long-term agreements, Putin said. There is a transit contract that ends on December 31 of this year. However if Ukraine refuses this transit, well, we can't. force it, Putin stated. Putin...

Tips that Ukrainian authorities supported by Poland lagged planning and executing the sabotage attack on Nord Stream gas pipelines in 2022 are groundless, the Polish president's assistant stated on Sunday. Germany's previous intelligence chief August Hanning told Die Welt today he believed there were arrangements in between presidents of Poland and Ukraine to carry out the attack. These are completely groundless insinuations, Mieszko Pawlak, head of the global policy bureau at the office of President Andrzej Duda stated when inquired about the allegations by Polsat broadcaster, PAP newswire reported. Pawlak stated Hanning was serving when Gerhard Schroeder was German chancellor...