Tellurian Inks Binding Letter for $1B Acreage Divestment, Leaseback

Tellurian Inc., which is developing the 27.6 mtpa Driftwood LNG project in Lake Charles, Louisiana, inked a binding commitment letter to divest 800 acres of land owned by Driftwood LNG LLC to Blue Owl Real Estate Capital LLC for $1 billion.

Full Output Resumes at Norway's Mongstad Oil Refinery, Equinor Says

After a partial outage on July 12, output has fully resumed at Equinor's largest refinery, Mongstad.

Enterprise Products Starts Up New Midland Basin Gas Processing Plant

Midstream giant Enterprise Products Partners is boosting its gas processing and NGL production capacity in the Permian Basin.

Mountain Valley Asks US Supreme Court to Vacate Stays Halting Pipeline

Mountain Valley said the appellate court lacked authority to stay the construction because the debt deal approved by Congress said the pipeline was in the national interest and "expressly stripped all courts" of jurisdiction to review decisions by federal agencies over its approval.

NextDecade Corp.’s FID to Fuel Second Wave of US Exporting Power

NextDecade Corp.’s $18.4 billion FID for Phase 1 of its Rio Grande LNG project is a key component of the U.S.’ next wave of LNG exports, an analyst with ICIS told Hart Energy.

Could US LNG be ‘Stuck at Sea?’

U.S. LNG exporters could see cargos backing up as European storage levels near capacity and as Asian gas demand lags, with approximately 35 LNG ships sitting on the water for more than 20 or 30 days, according to a Bernstein report.

To Flare or Not to Flare?

Permian midstream mismatch has consequences for the ESG-minded oil and gas industry.

Pinnacle Midstream to Double Midland Basin Gas Processing Complex

Dos Picos’ Train II, targeted for commercial operation during fourth-quarter 2024, will add 220 MMcf/d of processing capacity in the Midland Basin.

Equitrans May Take Mountain Valley Pipeline Decision to Supreme Court

Equitrans said a July 10 decision by the U.S. Court of Appeals for the Fourth Circuit to halt the pipeline’s construction “defies the will and clear intent of a bipartisan Congress” and the Biden administration.

Welligence Eyes Greener, More Supply-concentrated LNG Sector

Welligence Energy Analytics, a market and intelligence company, is forecasting an LNG sector that is increasingly green, floating and supply-concentrated.