Canada’s Pembina Pipeline in No Rush to Invest in TMX

The Trans Mountain Pipeline’s toll structure has too much "uncertainty," said Pembina CFO Cameron Goldade on an earnings call.

TotalEnergies to Invest $400MM in LPG

TotalEnergies is investing more than $400 million into LPG to provide more than 100 million people in Africa and Asia access to clean cooking methods by 2030.

Linde Doubles Production Capacity at Gulf Coast Facility

Linde’s expansion of the production capacity at its air separation facility in La Porte, Texas, will help meet growing demand for industrial gases in the area.

Gas Prices in a Summer of Discontent

In February, natural gas prices dropped below $2/MMBtu and stayed there. How is the market handling it, and when will the price pick back up?

Cheniere’s Next Corpus Christi LNG Stage Online by Year-end

Cheniere executives are optimistic the first LNG cargo will depart from Train 1 of its Corpus Christi Stage 3 project by the end of 2024, and that the company will bring all seven trains at the project online before the end of 2026.

What's Affecting Oil Prices This Week? (May 13, 2024)

For 2024, increasing supply will be more challenging unless U.S. producers start ramping up their capex and drilling programs beyond their current plans.

NextDecade Raises ‘Going Concern’ Doubts Amid Rio Grande LNG FID

NextDecade, which is developing the Rio Grande LNG project in Brownsville, once again highlighted “going concerns” in its SEC 10-Q filing but says Phase 1 of its project is fully financed and under construction.

US Drillers Cut Oil, Gas Rigs for Third Week in a Row

Baker Hughes said oil rigs fell three to 496 this week, their lowest since November, while gas rigs rose one to 103.

Magnolia Bolts-on 27,000 Acres in South Texas’ Giddings Field

Magnolia Oil & Gas said it paid $125 million to a private operator to acquire the acreage, which has minimal production.

Energy Transfer Remains Hungry for M&A, Sees 1Q Oil Volumes Surge

Energy Transfer reported record first-quarter crude volumes and expects demand for petrochemicals to continue rising.