Shell Finalizes Sale of Colonial Pipeline Interest to Brookfield
Shell has completed the sale of its interest in the Colonial Pipeline to a subsidiary of Brookfield Infrastructure Partners for $1.45 billion.
Freeport LNG Gas Flows Still Curtailed After Power Outage, LSEG Data Show
(Reuters) – The Freeport LNG export terminal in Texas was running at about half of normal capacity on Thursday following a power interruption that had put the entire plant offline a day earlier, according to data from financial firm LSEG. Freeport LNG is the third-largest liquefied natural gas (LNG) plant in the U.S. and in …
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Comstock May Sell in East Texas Haynesville’s Angelina River Trend
Looking to sell some of its 302,000 net legacy Haynesville acres, Comstock Resources CEO Jay Allison responded to an analyst’s speculation that the Angelina River Trend could be a divestiture candidate by saying, “good guess.”
FERC Staff Recommend Final Environmental Approval for Rio Grande LNG
The Federal Energy Regulatory Commission’s recommendation is a major step forward for NextDecade’s Rio Grande LNG.
Permian Cubed: Ovintiv Boosts Production with Cube Development
Ovintiv has increased its production guidance for the second half of 2025 as it cuts spending and extends the life of its wells.
MPLX Buys Delaware Basin’s Northwind Midstream for $2.38B
MPLX is acquiring Northwind Midstream’s sour gas gathering and processing assets in the Delaware Basin for $2.38 billion.
Golar Reaches Commercial Operations Date for FLNG Gimi
Golar LNG’s floating LNG Gimi vessel has reached its commercial operations date, unlocking approximately $3 billion in adjusted EBITDA backlog for Golar, the company said.
Petronas’ First Cargo from LNG Canada Set Sail for Japan
Petronas’ first cargo from LNG Canada shipped in July aboard the 174,000-cubic meter Puteri Sejinjang LNG vessel headed for Japan.
Tariff Uncertainty and Rising OPEC+ Supply Weigh on Oil Prices: Reuters Poll
By Anushree Ashish Mukherjee Brent projected to average $67.84 per barrel in 2025 WTI to average $64.61 per barrel in 2025 July 31 (Reuters) – Analysts are keeping their oil price forecasts mostly unchanged for 2025, as a rise in OPEC+ output and ongoing U.S. tariff uncertainty weigh on the market, a Reuters poll showed …
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Senate Panel Approves Energy Exec Audrey Robertson for DOE Post
Audrey Robertson, co-founder of Franklin Mountain Energy, was nominated to head energy efficiency and renewable energy office.