Industry News

U.S. liquefied natural gas exports hit an all-time monthly high in November for the second straight month, driven by cooler weather and robust output from the country's two largest producers.

Targa Resources Corp. has agreed to acquire Stakeholder Midstream, LLC and its permian basin gathering and processing system for $1.25 billion.

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Entergy Louisiana has begun construction on two new power generation facilities designed to strengthen reliability, power economic expansion in north Louisiana, and deliver significant economic benefits to the region.

After weeks of uncertainty, the Olympic Pipeline has been returned to full service status as BP announced on Saturday that repairs have been made to the pipeline.

On November 20th, Competitive Power Ventures (CPV) officially broke ground on the construction of the CPV Basin Ranch Energy Center, a 1,350-megawatt combined-cycle natural gas power plant in the Permian Basin.

BP's oil refinery in Whiting, Indiana, has returned to normal operations following a planned maintenance turnaround in September and a fire in October.

Venture Global has signed a 20-year deal to supply Tokyo Gas with 1 million metric tons per annum (mtpa) of the super-chilled fuel.

OCI Global, a leading global producer and distributor of nitrogen products, has agreed to sell 100% of its equity interests in OCI Ammonia Holding B.V. to AGROFERT for $335 million.

BP said on Friday its Olympic Pipeline crew excavated more than 100 feet (0.03 km) of pipeline following a leak earlier this month near Everett, Washington, but have not yet identified the source of the leak.

French oil major TotalEnergies will relocate its floating LNG storage and regasification unit currently stationed in northwest France.

Australia’s Fair Work Commission approved a union request to hold a ballot to vote on striking at Woodside's Pluto LNG 2 project in a battle over pay.

U.S. production of associated natural gas increased by 6% in 2024, averaging 18.5 Bcf/d and mirroring the growth in crude oil production from the Permian region.

The U.S. Federal Energy Regulatory Commission (FERC) recently took steps to provide regulatory certainty and streamline infrastructure permitting.

INEOS has announced a $288 million investment program to regenerate and modernize its cracker at Lavera as part of a bold move to secure the future of one of France’s most important industrial sites and safeguard thousands of jobs.

Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages, and maintenance.