Downstream

Coastal Bend LNG Selects KBR

Shell plc has signed a $22-billion deal to acquire ARC Resources Ltd., bringing together the lead partner in Canada’s first operating liquefied natural gas project with a major producer in one of the continent’s most profitable shale regions. The purchase price of $32.80 per share, payable 75 per cent in ordinary Shell shares and 25 per cent in cash, represents a 27 per cent premium to ARC’s closing price on the Toronto Stock Exchange on April 24, 2026. Under the terms of the deal, ARC shareholders will receive 0.40247 of a Shell share and CAD $8.20 in cash for each ARC share held... > read more

Buffalo Services and Gaubert Oil Sign

Gaubert Oil Company LLC has entered into a Letter of Intent to acquire the Wholesale and Transportation division of Buffalo Services, Inc., in a move that brings together two organisations with a shared focus on product quality, dependable service, and long-standing customer relationships. The proposed transaction encompasses Buffalo Services’ unbranded commercial fuels distribution business along with associated operations. Once completed, it is expected to significantly enhance Gaubert Oil’s footprint across the Gulf South, while broadening its capabilities in fuels, diesel exhaust fluid (DEF), lubricants, chemicals, and technical services... > read more

Glenfarne expands global commodities

Glenfarne Group, LLC announced the further expansion of its global LNG commodities platform, Glenfarne Global Commodities, LLC ("GGC"), to include 1.5 MTPA of LNG from Texas LNG, as well as Alaska LNG offtake volumes to be determined when customer allocations are finalized in the coming weeks. The expansion provides GGC and Glenfarne's LNG projects with commercial flexibility and optionality that benefit from an LNG portfolio serving both the Atlantic and Pacific basins. The addition of these volumes to GGC's marketing portfolio reflects Glenfarne's conviction that the global LNG market will continue to be supported by compelling long-term fundamentals, driven by the growth of LNG as a vital fuel for power generation, industries, and data centers, as well as ongoing geopolitical tensions... > read more

Glenfarne’s Texas LNG executes

Texas LNG Brownsville LLC, the liquefied natural gas export terminal being developed in the Port of Brownsville, Texas, by an affiliate of Glenfarne Group, LLC, and Kiewit, through its subsidiary Kiewit Energy Group Inc., have announced the execution of Texas LNG's engineering, procurement, and construction agreement under a lump-sum turnkey contract structure. The announcement represents one of the final steps required for Texas LNG before making a final investment decision. Under the terms of the agreement, Kiewit will perform the engineering, procurement of equipment, module fabrication, construction, and commissioning for the full Texas LNG facility, delivering a fully completed and operational facility to Glenfarne.... > read more

MET Group and Shell sign MOU

MET International AG, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and Shell Global LNG Limited have signed a non-binding Memorandum of Understanding (MOU) to expand their existing long-term cooperation in LNG and gas trading. The MOU provides a framework to explore the potential sale by Shell and purchase by MET of approximately 0.5 million tons per annum of LNG between 2027 and 2033, sourced primarily from Shell’s U.S. LNG portfolio, for delivery to various European regasification facilities. The companies also intend to explore cooperation in LNG and gas trading to facilitate access to European markets through the Vertical Gas Corridor, including sales into various European regasification facilities. The cooperation with Shell aims to enhance the security of gas supply in Europe... > read more

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Commonwealth LNG announces

Commonwealth LNG has announced the signing of a significant Sale and Purchase Agreement with EQT Corporation, one of the...
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Aptamus Picks Aker Solutions

Aptamus Carbon Solutions, a subsidiary of Overseas Shipholding Group, and Entr, the consultancy arm of Aker Solutions, have...
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Venture global statement

The U.S. Department of Energy has issued the final non-Free Trade Agreement export authorization for Venture Global's CP2...
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Phillips 66 announces agreement

Phillips 66 has entered into a definitive agreement to acquire the remaining 50 percent ownership interest in WRB Refining ... > read more

Texas LNG, Gunvor announce binding LNG

Texas LNG Brownsville LLC has executed a definitive 20-year Sales and Purchase Agreement with Gunvor Singapore Pte Ltd for ... > read more

Baker Hughes awarded long-term service

Baker Hughes, a leading energy technology company, announced Tuesday that it has been awarded a significant long-term service ... > read more

David Malinas appointed as new OPW president

OPW, a Dover Company, has announced that it has named David Malinas as the company’s new president, effective immediately. David ... > read more

Global Infrastructure Partners enters

Global Infrastructure Partners (GIP), a BlackRock subsidiary and leading global infrastructure investor, has entered into ... > read more

Enbridge’s Aitken Creek gas storage expansion

Canada’s emerging liquefied natural gas (LNG) export industry has reached a major achievement with its first major overseas ... > read more

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Coastal Bend LNG and ClassVI.AI introduce

Coastal Bend LNG, the developer of a natural gas liquefaction and export facility along the Texas Gulf Coast, announced its ... > read more

Calumet announces closing of sale of assets

The Americas LNG Summit & Exhibition will return to Lake Charles, Louisiana, from 19-21 October 2025, bringing together energy ... > read more

Woodside approves Louisiana LNG development

Excelerate Energy, Inc has reported its financial results for the second quarter ended June 30, 2025, demonstrating strong ... > read more

Coastal Bend LNG selects EXP

Coastal Bend LNG has announced the selection of EXP, a global engineering, architecture, design and consulting firm, to serve ... > read more

Coastal Bend LNG selects ConocoPhillips

Coastal Bend LNG has announced the selection of ConocoPhillips’ Optimized Cascade Process liquefaction technology for its ... > read more

Glenfarne’s Texas LNG advances

The Federal Energy Regulatory Commission has issued the final supplemental environmental impact statement (FSEIS) for Texas ... > read more

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Sempra Infrastructure signs

Sempra Infrastructure, a subsidiary of Sempra, and JERA Co., Inc. have announced the signing of a significant 20-year sale ... > read more

Argent LNG welcomes veteran EPC leader

Argent LNG has announced the appointment of David Dickson, former CEO of McDermott International and current MD and CEO of ... > read more

Marathon Petroleum's Salt Lake City refinery

Of the many valuable shipments that leave Marathon Petroleum Corporation's refinery in Salt Lake City, Utah, very rarely ... > read more

Wood Mackenzie forecasts

Wood Mackenzie predicted that global carbon markets are poised for transformative growth, with two key strategic areas emerging ... > read more

How ConocoPhillips is expanding LNG

ConocoPhillips continues to advance its liquefied natural gas business expansion through a comprehensive foundation of equity, ... > read more

JERA finalizes $200 billion LNG supply

JERA Co., Inc., Japan’s largest power generation company, has finalized 20-year agreements to procure up to 5.5 million ... > read more

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Glenfarne announces

Glenfarne Alaska LNG, LLC, a subsidiary of Glenfarne Group, LLC and the majority owner and lead developer of the Alaska LNG ... > read more

Cheniere signs long-term

Cheniere Energy, Inc. has announced that its subsidiary, Cheniere Marketing, LLC, has entered into a long-term Integrated ... > read more

Occidental and ADNOC agree to evaluate

Occidental and its subsidiary 1PointFive have announced the signing of a Strategic DAC Framework Agreement with XRG, the ... > read more

Neste starts to supply SAF

Neste and FedEx, the world’s largest express cargo airline, have entered into a significant agreement for the supply of ... > read more

Marubeni and ExxonMobil’s Deal

Marubeni Corporation and Exxon Mobil Corporation have signed a long-term offtake agreement for the annual supply of approximately ... > read more

FOX acquires SSE to expand

Fox Innovation & Technologies, a leading provider of advanced aftermarket services and solutions for high-speed rotating ... > read more