Segrist: Gassed Up, Waiting to Go: Producers Aim to Remedy Gas Prices

The countdown clock for a surge in natural gas demand is ticking. Is the U.S. finally at the turning point?

Texas Needs More Natgas Pipes as Prices Turn Negative Again

Spot gas prices for July 31 at the Waha hub in West Texas turned negative for a third time in July even as a record-breaking heatwave could boost U.S. power demand to an all-time high later this week as homes and businesses crank up their air conditioners.

Sempra Infrastructure Contracts with Bechtel for Port Arthur LNG Phase 2

Sempra Infrastructure has entered into a fixed-price engineering, procurement and construction contract with Bechtel at Sempra’s Port Aurther LNG Phase 2 project.

ONEOK to Build New Pipeline, Expand Capacity from Kansas to Denver

ONEOK plans to build a 230-mile refined products line from western Kansas to the Denver International Airport as part of a $480 million network upgrade.

Exxon's Joliet Refinery Units Down for a Week, Plans for Restart in Late July, IIR Says

A severe storm passed through Joliet earlier this week, leaving thousands without power.
 

WoodMac: Permian Producers Eye Mexico’s Saguaro Energía LNG FID for Takeaway Relief

Wood Mackenzie expects Mexico Pacific to take FID on the first phase of its Saguaro Energía LNG project in either the second half of 2024 or early 2025.

Energy Transfer-Sunoco JV Forms Monster Permian Network

The joint venture between midstream operators Sunoco and Energy Transfer’s crude gathering in the Permian Basin should prove to be mutually beneficial, analysts say.

Energy Transfer, Sunoco Announce Team Up in Permian Basin JV

Energy Transfer LP and Sunoco LP have formed a partnership that will operate more than 5,000 miles of crude oil and water gathering pipelines in the Permian Basin with crude oil storage capacity in excess of 11 MMbbl.

Energy Transfer Closes $3B WTG Midstream Acquisition

Energy Transfer's deal adds approximately 6,000 miles of complementary gas gathering pipelines from WTG Midstream Holdings, extending Energy Transfer’s reach into the Midland Basin.

Whitecap Sells Stakes in Gas Processing Plants in Two Deals

In separate deals, WhiteCap Resources sold gas processing assets to Topaz Energy and Pembina Pipeline—a move that strengthens Pembina’s Western Alberta position, an analyst said.