The Latest

Italy's Intesa Sanpaolo Adds to List of Banks Shunning Papua LNG Project

Italy's largest banking group, Intesa Sanpaolo, is the latest in a list of banks unwilling to finance a $10 billion LNG project in Papua New Guinea being developed by France's TotalEnergies, Australia's Santos and the U.S.' Exxon Mobil.

FERC Gives Venture Global OK to Start Next LNG Block

Venture Global LNG continues to ramp up operations at its newest LNG export terminal.

Enterprise Products Considering Moving On from SPOT

Permitting delays and challenges finding customers have put the future of Enterprise Product Partners’ Seaport Oil Terminal Project in doubt.

ONEOK, MPLX Enter $1.75B JV for Texas LPG Export Terminal, Pipeline

ONEOK Inc. and MPLX have entered into agreements to invest $1.4 billion to build a 400,000 bbl/d LPG export terminal in Texas and a $350 million pipeline project.

Argent LNG, Baker Hughes Sign Agreement for Louisiana Project

Baker Hughes will provide infrastructure for Argent LNG’s 24 mtpa Louisiana project, which is slated to start construction in 2026.

Kinder Morgan to Build $1.7B Texas Pipeline to Serve LNG Sector

Kinder Morgan said the 216-mile project will originate in Katy, Texas, and move gas volumes to the Gulf Coast’s LNG and industrial corridor beginning in 2027.

Velocity Management Invests in Pipeline Builder M Wright Services

Velocity Management Advisors has made a minority investment in M Wright Services and three of Velocity’s partners will join the construction firm’s board.

Shale Outlook: Power Demand Drives Lower 48 Midstream Expansions

Rising electrical demand may finally push natural gas demand to catch up with production.

Glenfarne Signs on to Develop Alaska LNG Project

Glenfarne has signed a deal with a state-owned Alaskan corporation to develop a natural gas pipeline and facilities for export and utility purposes.

FERC Closes Out ’24 with Rulings to Boost LNG Supply

A trio of Federal Energy Regulatory Commission authorizations in the latter half of December allowed new LNG trains to begin operations or boosted gas supplies to the facilities.